Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1897-04-10

COMPANY.
Cash value of real estate ....,..... : 81 900 90
CaSh an ,Icernsiii ...".......... 4lG,039 &C
Premiums in course of collection 657, 491 90
Loans on mortgages being the first
lien on real estate worth AT least
double the amount loaned there
on Observation-Disclosures. 1l5,GOO OC
company. 3,SlG,33i OF
Interest due and accrued. ..".... 1913 %
Rents accrued. .....,.....S 3,G1G.56
Reinsurance due from
other Cos on losses paid ll,994.9O 1861, 4e
Total Asscts..."..".."..".s 5,57s,449 90
III. LIABILITIES.
capital stock actually paid in cash 5 l,OG9, 900 OG
Losses yet unpaid. ....".."..". 1S2,967 20
Losses resisted ....."...:..".. 3O,315 0C
all outstanding risks .,'..."... 2,7l5,iso &c
Rents accrued. 1870. 1888 81
commissions ........... .SyS,376.15
Return premiums. .....,. 62,6)3.92
Reinsurance ............. 2O,47G.W 1917 g.
Total Liabilities. ......"...., 8 4,l12,4O2 81
". COM or THE COMPANY DUR
ING THE YEAR 1896.
Total premiums for year 1885,. 8 3,2l3,2l2 rs
Interest receipts. .........n. 16G,425 "a
Receipts for rents......".."..". 1923 As
Total Reccipts...".."..... : 3,3s0,Gl2 10
V. EXPENDITURE OF THE COMPANY
DURING THE YEAR 1896.
Losses paid. NEUTRALITY-SUSPICIOUS.. $ ~1,927,4l1 n
Dividends paid. ........". 100000 ~
Commissions paid to agents. go. 49O,6l9 II
Salaries paid to officers and EN-
ployes 33s,ss7 SO
Taxes and fees to insurance de-
partments . 80. 7i,9is %
nnt VIM anu niu,ei'sihs ,.,.... 32G,s7G Is
Total Expenditures ......... 9 3,25S,7i2 IS
vi. RISKS.
Risks outstanding at the date Of
preceding statement. ......,.... SG53, 2si, 223 on
Risks written siSce preceding
statement SJ9,199,050 OK
Total Risks. 49,. 5000, Os3,27 OO
Risks cancelled, expired and REIN
sured during the year ls96......S $50, 40S, $50 90
Net amount of risks in force s542,674,717 90
~CoMPANY's STATEMENT OF BUSINESS TRANS
ACTED IN ii FATE OF SOUTH DA-
KOTA DURING THE
YEAR 1896.
Premiums on risks written ........S 35.797 81
Amount of risks written. ......... 1,Gsi ,f7i Nj
Losses incurred during the year. I4,2i0 Of
Losses paid during the year." 2i,463 81
STATE or NEW YORK, Lee
COUNTY OF NEW YORK. (~'
George 7. sheldon, President, and William A.
Wright, Asst Secretary of the Phenix Insur-
auce Company, of Brooklyn, n. Y, being duly
sworn depose and say that the foregoing is a
full true and correct statement OF the affairs of
SUM NNAhA 49, = t'tA WV S''h NoANi-
pany Is the bona-ilde owner Of at least One
Hundred Thousand Dollars of actual cash CAPT
tai, invested in the state and United States
Stocks and Bonds, or In Bonds and Mortgages
of Real Estate unincIimbered, and worth double
the amount for which the S; me Is mOrtgaged,
and they are the above described officers of said
Insurance Company.
GEORGE 7. SHELDON, President.
WIN, A. WRIGHT, Asst Secretary.
Subscribed and sworn TO before me this 10th
day OF February, 1897.
JOHN III.
[sEAL.l Notary Public.
The State of South Dakota. once of State
Auditor-Department OF Insurance.
~CoMPANY's CERTIFICATE or AUTHORITY.
Whereas, The PheniX Insurance Company, a
corporation organized under the laws OF New
York, has filed In this Office q sworn state
ment exhibiting its condition and business for
the year ending December 81, 1896, comformahle
TO the requirements of the laws of this state
regulating the business of insurance; and
Whereas, The said Company has filed I'm 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, /. II. E. Mayhem, Auditor of
the state of South Dakota, pursuant to the
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 31st
day OF December, A. ID. 1897.
In testimony whereof, / have hereunto set my
hand and seal at Pierre, this 26th day OF Febrli-
ary, A.. ID. 1881,
tsEAL.] Auditor.