The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-09-13

ice in Minnesota Insurance Commission
er.
Net assets, Dec. 81, previous
year Observation-Disclosures. 81, 226 IA
INCOME DURING 1898.
First years assessments or pre-
miums ....;...............:. s75o.S39.14
Subsequent years assessments
or premiums ..::.::::....:::.:. 1,442,54s.s
Membership and examiners fees 154.74
Total paid by MEMBERS. 81, 49,, 542. 81
From all other sources ........... 51,7S4.04
Total income ................. 1924, 1926. IS
DISBURSEMENTS DURING 1885,
paid 81, 6S1 Ill Al
members Observation-Disclosures. 10000
Total paid to members. 500. 81, 6S1 ,61141
Commissions, salaries and ex-
penses of agents and collec-
Salaries of officers, employees
and examiners fees. 143,099.96
All other disbursements. III, 952. 04
Total disbursements ...... 81, 1853, ss7. Sc
Excess of disbursements over
income Observation-Disclosures 109, 541. Oh
ASSETS.
Value of real estate, bonds and
stocks owned OBSERVATION-DISCLOSURES. 1854, S31 SO
Mortgage and collateral loans. 749. $50 90
Cash in office and in bank. 1877 313 rs
Accrued interest and rentS. q 101 66
Assessments due and unpaid. 10000 or
Post-mortem assessments to be-
come que ACKNOWLEDGEMENTS. 81 600 90
All other admitted assets...... 17,7S3.25
Total admitted ssets........s1, IA, 0.52
Assets not admitted ............ .729bO
LIABILITIES
Losses and claims adjusted and
unpaid ........................ 1928, 200 90
Losses unadjusted and present
value of installments. ..... 1902, sos SO
Losses resisted Observation-Disclosures. 3S,50000
Advance payments, surrender
value and dividend obligations 1870 967 IS
All other liabilities .............. 1G491
Total liabilities .............. 1855, $50. &C.
Balance to protect contracts. s575, S9S 80
EXHIBIT OF CERTIFICATES OR
POLICIES, BUSINESS OF 1898.
Total Business
In force Dec. 81 Cbegin-
ming of year, ......34, III sos, ATS, 400 90
Written during the
year .................... 1,965 16S, Goo 90
Ceased during the '''''1 S'VN' 04'' 4OOO0
year ................. 1921 ASS, 100000
of Year, .-:.:..:......: 20, 4s1 s54,s2s, 10000
Claims unpaid Dec. 81
beginning of year,. 129 $474.7 90
Claims incurred during
the year .............. 492 1871, O.00
Total ...........:.... 621 s2,OS5, 717Oo
Claims settled during
the year .............. 81 1.715,O17OO
Unpaid Dec 81 (end
of year, ............. ITO 1870, 100. 90
Amount collected du-
ring year ............. =. s2,1s5 5425 81
Business in Minnesota
Number. Amount
In force Dec. 81 (begin
ming of YEAR, -. al $4,O17, 5OOO 90
Written during the
year ................... 10 100000
Total ................ ], 451 s4,Os7, 500. 90
Ceased during the
year ................... $50 2,522 10000
In force Dec. 81 lend
of year, ............... $50 s1,515 5GOO 90
Claims unpaid Dec. 81
beginning of year,. $40 90
Claims incurred during
the year .............. 81 $4,000
Total ................ 25 $735O9.0o
Claims settled during
the year .............. Il 640G0.oJ
Unpaid Dec 81 (end
of Year, ............. S95O0.OO
Amount collected du-
ring the year .......... ;. $6S, 1872. IA
State of Minnesota
Department of Insurance.
ST. Paul, I'll, 1899
the undersigned Insurance Commits
sioner Of the State of Minnesota. do here
by certify that the Northwestern Life As
surance Society, above named, has COM
piled with the laws of this State relating
10 Insurance. and is now fully empowered,
through it's authorized agents, to transact
its appropriate business Of Assessment
Life Insurance in this State for the year
ending January 31st. 1900
J. A. O'SHAUGHNESSY