The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1901-06-01
STATEMENT.

INSURANCE STATEMENT.
cTATEMENT for the year ending December
~ 81, A. ID. 1900, OF the condition tlld affairs OF
the German American Insurance. COiiyaly OF
New York, organized under the laws ~ the
State of New York made to the Commissioner
q INSURANCE 81 the r.! STATE ,s e., 81 N9rth pai>"ta' in
Vice President. Louis j. Domlncrick.
Secretary. Charles G. Smith. ~
Principal office, NassEa Il Liberty streets,
ATTORNEY for Service in the State of
North Dakota: ~
Name. James d. Eaton.
lMcati0li. Fargo, North Dakota.
Organized OF incorporated, March 1872.
Commenced business. March, It'll, 1872.
Capital.
Amount of CAPITAL stock paid Up
i'll full. ...... ............. ) i ,cOO,OW CD
Assets.
Value Of real estate owned by the
company. 80. -. S 1890 90
Loans on bonds and mortgages. I3,UU 20
United States stocks AMI bonds. 1902 100 W
Railroad bands and stOcks...t... 4.ll1.,39 w
State city, county anu other bond 1.53G,uT Co
ijank stocks. ..7i ,lGl OU
Other Corporation stoexs ........ 6sl,IOO Go
cash Oh hand and iii banlS....-. 3i0,iG4 35
Interest due and accrued 80. NJ. +. 113 90
Pre- miumS i'll course OF collection 49,.
and transmission. i. ...... iIO,a5S 81
Total S s.5so, say 70
Liabilities.
Gross claims for Losses
adjusted and unpaid. $l69, 030 90
Gross claims for losses
upon which no action
has been taken. .....2 4l ,0s7 90
Losses resisted by the gssk Z
company. ..... .......... 4l,ooo w
Total gross amount of
claims for losses. :. $453,4s9i 90 80 ~
Deduct reinsurance amt
salvage clain ms tlierenn$8 81 .59G CO
Net amount Of unpaid losses. S 1883 90
Amount OF unearned premiums on
all outstanding risks ......... 2,s42.697 81
= - ,.,,,,.,as $ 5s',1t, go g g
Total liabilities j. S ) 1893. :2s5 OF
Income
Premiums received during the . !, !. ! =
Interest Ssae Il sasi'' dividends received s'y'0'l'o .
Amount nsai1,f recssivei from ali other - :
sources. i. $50. ........... $3.50 ~
Total income 49,. S s,,s4e, 422 IS
Expenditures.
Losses paid during the year ...... 8 I, 712,45G So
Dividends paid during the Year -. 800 600 10
Paid for commissions and brOk-
pa sti'sf for Salaries ices and ali 800 :
either charges -. !. ..ss.... 2oa,5o2 20
Amount 4 aaa mt Of ail other expenditures ssc.;77 Il
Total expenditures. $ :, llsss.ssc 10
North Dakota Rnsiness.
Total risks taken during tile years 1,essd62 Is
Total premiums received DURING
total 5aS i LOSSES Incurred daiinig; tie CO !.
- 80 = rEtf4 EykH 1000 t12A GN-M 800 o. 10 A10p ~
Total amount of losses paid. dur.
Ing the year. /. $50. ...... .....s$ ly,6SSs ~
STATE OF FORTH nAKOTA,
Once OF Commissioner ONinslTance
i. Ferd Ie!tz, Conildlsylonsr of Insur-
hy certify that the foregoing Is 4 true aIstrstect
i0t tile original statement now On gfle nslgthis
Office.
hand and afuxedl the Seal Ut this sofiesa b
Bismarck this; LIST dayso q nay 4 . u. 1on -
lar IA commissioner 81 ii,srfrssnce.
Nv. G. Gilbrfath Deputy. f
sIiATE. DE. NORTH DAKOTA
once Of EnMlnissionerM Inspritee..S
Cemy,anyh $ certiscattesof Authority.
Whereas, The German American Insurance
ComlpalyNf Of New York; 2 9rlasaiig lrgat,lzea
has filed ~ Ibis office F'swot statement
the year ending E legeltii.er sl, i 1870, ron.
8. eafi ssis stet 6 r sss sfs;'e'I lsss bas!h =. . ,sasl IN
assS Se y ;';, Il,ss s,a s ss., ! Il, d. .s alss 4 ia
tls requirement Of tAeSi rai,ess w afOrsz
,,s Sss, ! Iais sss;ssss I'M ~ s s,' ssssi
iss ~, IS hs ssis, s'ssr III Sst ds;' sSass Il ea ma
f si,oI4ssa aa No 5t9lS ~ s tssae; ssssss ns sssSs.Ei'li M sa ~: