Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1902-04-11

Il y n
l0V1. of the condition and affairs of the
Northwestern Lie and Savings
Company.
Organized under the laws of the State of
iowa, made to the Commissioner Of
Insurance of the State of South Da-
kota. in pursuance of the laws Of said
President. D. F. Witter. Vice President,
Arthur Reynolds. Secretary. C. G. Cro-
wen. Principal Office mot given.)
Attorney for service of Process in the
State of South Dakota mot given.)
Incorporated March %. 1896. Commenced
business May 9th. 1896.
CAPITAL.
Amount of capital stock ac.
tually paid in cash. 500, 100000
| Amount of net or ledger as
Gus year .....::......... 42s.ose.15
1901 .............:......... 75.OOo.oo
ASSETS OF THE COMPANY.
The cash on hand in its Of
The cash on deposit in in --'''-'
Agents credit balances..... ...,ov
The cash in hands of agents
sion is.:...............:.. - ..s.: 15.s2sos
nrst mortgage on real es-
Loans made to policy hold
ers on this company's poll
icies assigned as collateral 19,OO9.95
on policies in force: ....... 2so,357. 81
Uncollected and deferred
premiums (net)............ 5S,3OO.39
accrued .................. 15,647O7
ances. agents credits in
premium notes ........... 197,1s591
ssse. e.254. 10
Deduct assets not admitted. 81, ,46501
Total admitted assets... $3.50, %
LIABILITIES.
Amount of ali other exist ~
company ................. 2o,O5O21
Total liabilities ........... seas, ,13O.6s
INCOME DURING THE YEAR.
Amount of. cash premiums
received on new policies,
no expense deductions. $623, O2233.53
Amount of cash premiums
received on renewals, no
expense deductions ....... 25S. S.193. 90
Amount of interest received 2O71G. 40
Total income ............. s9o1, ,oss .oe
EXPENDITURES DURING THE YEAR.
Amount, paid for death
claims ..................... $19,525.Oo
Premium notes voided by
lapse 49,. ...A............... 1O,O2o.11
cash ..................... 547.44
Amount to stockholders. 100000
Amount of commissions and
salaries paid to agents.... 4O4,155.72
Amount paid to officers for
salaries and other per-
Amount paid for taxes,
rents. advertising and de-
partment fees ............ 14,5SO,OO
Amount of ali other pay. ''''
ments and expenditures. 112,72S.72
Total expenditures ....... S597,712.44
COMPANY'S STATEMENT OF BUSI-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Whole amount of premiums
received in or from the
State of South Dakota
during the year........... $2O6O9.12
Amount paid for losses in
South Dakota during year GO0.OO
STATE OF IOWA,
County of Polk-ss.
we'll. Secretary. OF the Northwestern Life
AMI Savings Company, being duly sworn,
each each Tor himself mir deposes and says chat
the said Company. and that on the thirty
first day. of December last all the above
described .,. d. assets We're the absolute prop
from any liens and claims thereon, except
as above stated: and that the foregoing
Statement is Il full and correct Exhibit Of
all the Assets. Liabilities, Income and
Disbursements. and of the condition and
affairs of the said Company on the said
thirty-first day of December last, and for
the year ending on that day, according to
the best of their information, knowledge
b. F. wITTER.
c. c. CROWELL,
Subscribed and sworn to before me this
25th day of January, A. ID. 1902.
(Seal0 c. NJ. KELLER,
Notary Public in and for Polk County,
My commission expires July 4, 1903.
STATE OF SOUTH DAKOTA,
Insurance Department.
/, HI. c. Shober, Commissioner of In
surance of the State of South Dakota, do
copy o. the original Statement now on