Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1897-04-17
ANNUAL

FOR the Ntill tllNli2 I't'tllitf 81. y. ~. 1870,
of the condition and affairs Of the PheniX In
under the laws OF the state Of New York,
made to the Auditor of the State Of South pa
kota, in pursuance Of the laws of said state.
ATTORNEY FOR SERVICE OF PROCESS IN THE STATE
OF SOUTH DAKOTA.
+. II. Dunn, Nankton; J.. W. ~llazcn, Sioux
Falls; ). 4. Briggs, Natert0Wn; +. A. Prescott,
Mitchell; j. c. Klemlnc, Huron; 4. III. Ever
hard, Highmore; Jno. y. Lake, Rapid City; J.
L. EdmOndS, DeadW0Od.
Organized or Incorporated September 10th,
1858. Commenced business September 10th,
1853.
I. CAPITAL.
Capilal Stock actually paid in cash 8 ZOO, 900 90
II. PROPERTY OR ASSETS OF THE
COMPANY.
Cash value of real estate .......... : II 1900 90
Cash in OltiCe.... - . cc
Premiums in course of collection G57, i9i 20
Loans on mortgages being the first
lien ON real estate worth az least
double the amount loaned there
on Observation-Disclosures. 115,COO 90
company. 3,S4G.23I 90
Interest due and accrued. ..".... 1858 -
Rents accrued. ....,...,.$ 3,6IG.56
Reinsurance due from
other Co.'S on losses paid 1l,994.0O 15,67l,46
Total Assets. ............ 5 5,57s,4io 80
III. LIABILITIES.
capital stock actually paid in cash ; 1000, 900 co
Losses yet unpaid. ls2,9d7 10
Losses resisted ............... 30,315 90
ali outstanding risks .....".... 2,7i5,1so 80
Rents accrued. ..".."... ........ 1888 "a
commissions ......,.. SOS, 5000
Reinsurance ............ 9O,I7G.O0 ISL, $40 CO
Total Liabilities. ............ 6 l,li2,4O2 81
". INCOME or THE COMPANY DUR
ING THE YEAR 1896.
Total premiums for year 1896. $50. S 3,213,212 7s
Interest receipts. 166,425 -
Receipts Tor rents. ..".."..".." 1898 IS
Total Receipts. ....."..u 5 3,3sO,Gl2 10
V. EXPENDITURES OF THE COMPANY
DURING THE YEAR 1896.
Losses paid. 8 1924 II
Dividends paid. ".........".. 10000 90
Commissions paid To agents......, 490,Gl9 10
ployes 33s,sS7 50
partments 74,04S O3
dhthhn1., ~ n ~" inturp'''"s ...".. 32G,s76 Is
Total Expenditures .."..... 5 3,25s,7 IS
VI. RISKS.
Risks outstanding at the date Of
preceding statement. ......... sos, 2Si ,223 90
Risks written since preceding
statement 3J9,1'9,0J0 90
Total Risks...".......... $685. S3, 273 90
Risks cancelled, expired ana rein.
sured during the year 1896. $50. $40, i0S,55G 90
Net amount of risks in force s542,674,7i 90
~CoMPANY'S STATEMENT OF BUSINESS TRANS
ACTED IN THE STATE OF SOUTH DA-
KoTA DURING THE
YEAR 1886.
Premiums on risks written ........S 35,707 80
Amount of risks written .......... 1881 IA 90
Losses incurred during the year. 1920 OF
Losses paid during the year." 2l,4G3 G7
STATE or NEW YORK, Jss
(hvr STFN m NENy NpnL 900
George z. sheldon, President, and William \.
wright, Asst secretary OF the IhenlX lnSur-
ance Company, OF Brooklyn, \; T., being duly
full, true aud correct statement of the affairs ~
said Company; that the said Insurance.
Ea nGydr Is t rGoa Domaiiln no,, owner ar o 81 az easS csn ne
tai, invested in the State and United States
Stocks and Bonds, or in Bonds and Mortgages
Of Real Estate unincumbered, aud worth double
the amount for which the 5. me Is ~mortgaged,
and they are the above described officers OF said
GEORGE p. SHELDON, President.
WI. A. WRIGHT, Asst Secretary.
Subscribed and sworn To before me this 10th
day Of February. 1897:
JOHN ii. D~oUGHERTY,
[sEAL.l Notary Public.
The State of South Dakota. Once of State
Auditor-Departmcnt of Insurance.
CoMPANY's CERTIFICATE OF AUTHORITY.
Whereas, The Phenix Insurance Company, a
corporation organized under the laws Of New
York, has fled in this Office a sworn state
mcnt exhibiting its condition and business for
the year ending December ~, 1896, comfOrmable
to the requirements of the laws of this state
regulating the business OF insurance; and
Whereas, The said Company has filed in this
Office "A duly certified copy of Its charter, with
certificate of organization, IN compliance with
the requirements OF the Insurance law afore-
said;
Now, therefore, I. Ii. T.. Mayhem, Auditor of
the State of South Dakota, pursuant TO the
provisions of said laws, do hereby certify that
the above named Company is fully empowered
through its authorized agents To transact its
appropriate business OF Fire Insurance In this
State, according to laws thereof, until the 3lst
day OF December, A. ID. 1897.
In testimony whereof, | have hereunto set my
hand and seal at Pierre, this 26th day of Febrl-
airy, A. ID. 1897.
II. E. MAYHEM, |
[sEAL.J Auditor.