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

ANNUAL STATEMENT
For the year ending December
d. 1901. of the condition of the
United States Branch
Liverpool and London
Globe Insurance Comp
Organized under the laws of Il
dom of Great Britain, made tt
surance Commissioner of the
South Dakota, pursuant to the
said state.
President Manager. Henry w.
Deputy Manager, George w. H
retary, William 8. Warren.
Incorporated 1885. Commenced
In the u. 8. 1913. Principal Off.
u. s., 45 William street, New YO
1. CAPITAL STOCK.
Amount Of capital stock
paid up in cash. h........... s
Amount of net ledger as
sets, December 31st of
previous year ............. 8,
Extended at. 80.
II. INCOME DURING YE
Gross premiums unpaid
Dec. 81 last year. ......... 81,
Gross premiums on risks
written and renewed dur
ing year Observation-Disclosures. 8,
Total ............:.... 50.
Deduct gross premiums in
course of collection at this
Entire % premiums collected -
during the year......... 8,
Deduct reinsurance, abate-
ment, rebate and return
premiums ................. 2,
Net cash actually received
for premiums Carried out) 5,
Interest on loans on mort
interest seT and dividends on
stocks and bonds. .........
Interest upon other debts
due the company........
Rents, including $31.013.46
for company's occupancy
of its own buildings. ......
Total rents and interest,".
Profit on ledger assets ac-
tually sold during the
From inspection fees. ...... ....
Income from all other
Received from home office.
Total income actually re-
ceived during the year. in
Aggregate last balance and
income ................... IA.
III. DISBURSEMENTS DURIl
YEAR.
Gross amount paid for ma
tured claims other than
w,e.lly indemnity ........ 81,
Deduct reinsurances and
salvages. including recov-
cries on account of losses
previously paid ...........
Net paid policy hOlders..... 3,
Commission to agents..
Salaries, fees and all other
compensation Of officers
and home office employees.
Taxes OH premiums, taxes
on property, insurance de-
partment fees and agents
1 licenses .................
Rent, ..............:..
and fixtures, miscellaneous
| Advertising and general
printing and stationery.
Losses ON ledger assets ac-
tually sold under cost. 80.
Remittcd to home offlce....
| All other items...
Total disbursements ..... s.,
Balance ...:............ :,
Nv. ASSETS.
| AS per ledger accounts shown
at home Office December 31st.
Book value OF real estate
/ unincumbered ............ 81,
Loans on mortgage on real
Book value of bonds and
STOCKS ........;;...: -
Cash deposited in bank. 80.
Bills receivable ...........
Total Observation-Disclosures. SIS,
Deduct ledger liabilities:
Agents credit balances.
Total net ledger assets, per
balance on page 1. 1......... 3,
Other or non-ledger assets:
Interest due and accrued on
mOrtgaEeS ................
Interest due and accrued on
other assets ..............
Rents due and accrued on
company'S property or
lease ..................
Total outstanding interest
Market value of real estate
over book value.
Market value of bonds and
stocks over book value...
Gross premiums in course
.of collection .............. /,
Total gross outstanding pre-
iniums, net amount of un-
remitted premiums .......
Cost of collection, commits
sion and brokerage.
All other assets.
Gross. assets .............. $40,
v. NoN-LEDGER L1ABILI
Total claims adjusted and
In process Of adiustment...
Resisted by company OH its
own account .............
| Total amount of claims for
losses ..............;.
Deduct reinsurance due or
| Gross premiums upon all
unexpired risks. running
one year or less from date
of policy ........ 2,
Gross premiums upon all
unexpired risks, running
more than one year from
date of policy. y........... 2,
Total unearned premiums,
as computed above. ....:.. 4,
Amount reclaimed by the
insured on perpetual fire
insurance policies ........
Net premium reserve and
are other liabilities, ex-
cept capital, under the life
insurance department ....
Return premiums and rein
surance premiums .....:..
| Due for contingent commits
sion ..................
Total amount of all liabil-
Aggregate amount of all
liabilities, including paid
l