The herald-advance. (Milbank, S.D.) 1890-1922, 1902-04-11
CAPITAL.
Net ledger assets December

ASSETS OF THE COMPANY.
The value of it's real estate
The cash on hand in it's Of
nee is 1i5,517S7
The cash on deposit in bank
is ACKNOWLEDGEMENTS. a,Fs~,5.4o
Agents dept balances. 80. 2,o11.00
Amount of loans secured by
nrst mortgage on real es-
tate 7c,6Os, 412. 81
Loans made to policyhold-
erS on this company'S poll
cies assigned as collateral. S.61I112.OO
Amount of loans secured by
pledges of bonds, stocks.
Book value of bonds........ 7,o75, 554. o5
Market value of bonds over
book value ..:......... 1,127,22s.6s
OF policies in force..:.... 90. 439.s7
Uncollected and deferred
premiums (neo .......... 1901, $50. 50
rents due and accrued. -. 2.1S7. 131. o.
Total .s152. o2a. 800. Is
Deduct ledger liabilities. 49,. 76.62719
Deouct assets not admitted. 2.511 90
Total admitted assets. .s151, 944- 736 o6
LIABILITIES.
Matured endowments due
ana unpaid ........... 100000 90
but not yet due. ........... 214,341.23
Death losses due and unpaid 535IS1 10
Amount of losses unadjusted 146, $40 90
Amount OF claims for losses
Due and unpaid on annuity
Amount of dividends unpaid 247'S S7s %
Amount of all other existing
claims against the COM
pdny rs, 407, 500. IA
Total liabilities 81 6. &C.. 526 II
INCOME DURING THE YEAR.
Amount of cash premiums
received on new policies,
no expense Deductions. S2s14, O61. 10
Amount of cash premiums
received on renewals, no
expense deductions ...... 17,3JS, O43. 81
Single premiums without de-
auctions &C, 27e.s5
All other receipts from poll
icyholder .............. 2,24s, 1850
Amount of interest and
rents received ..... 6.S14. 6.lS. Az
Amount received from all
other sources ............. 3s,O57.4 e
Total income .............. 500. All. 7s4.O2
EXPENDITURES DURING THE YEAR.
Amount paid for death
claims and additions. -. 1912 66.7 "A
Amount paid for matured
and discounted endow-
ments and additions. 1926. 1921
1nstallment death claims
and additions I.......;:.. 4o,se2.52
claims paid :,.........: 1s. 7es.9 s
to policyholds rs :..:.....:. s,577.5os,se
! Amount of commissions to
agents ..: ............. 2.6ss. 693. 81
salaries and her perqui-
sites ....:;............ 445,s5e.1o
rents, advertising and de-
! partment fees ....... Gal. SAC. "a
Amount of all other pay
mentS and e. "enditures.. -. =, 496, 4OS. 73
Total expenditures ........ SIG. $40. 1872. SO
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 dur
ing the year. ..........y 1852. ;3NS. "a
Amount paid for losses in
South Dakota during year. 2S, 424.O 90
STATE OF WISCONSIN.
/ County of Milwaukee-ss
H. L. Palm =, President, and J. w.
Skinner, Secretary, of the Northwestern
Mutual Life Insurance Company. being
duly sworn, each for himself deposes and
says that they are the above described
officers of the said Company, and that on
the thirty-first day of December last all
the above described assets were the absc-
Lutte property of the said Company free
and clear from any liens and claims there
on, except as above stated; and that the
foregoing statement is a full and correct
exhibit of all the assets. liza b%ilities. income
and disbursements, and of the condition
and affairs of the said Company on the
t%hirty-first day of December last. and for
the year ending on that day. according
edge and belief, respectively.
+ H " !. skAkNER
Subscribed and sworn to before me, this
+. +. sANBoRN,
Seal.) Notary Public.
.Milwaukee County. wisconsin.
My commission expires March 8. 1892.
STATE OF SOUTH DAKOTA,
Insurance Department.
I, H. c. Shober. Commissioner of In
surance Of the State of South Dakota. do
copy of the original statement now en-
file at this office.
In Witness Whereof. I have hereunto
set my hand and affixed the seal Of this
office at Pierre, this 10th day of Febru-
airy, 1902.
II. c. SHOBER. :
THE STATE OF SOUTH DAKOTA.
Department of Insurance.
Company'S Certificate of Authority.
Whereas. TIL Northwestern Mutual
Life Insuranc Company, a corporatior
organized under the laws of the State of
Wisconsin,. has filed in this office a swc/l
statement exhibiting its condition ana
business for the year ending December 81.
1901. conformable to the requirements Of
! the laws of this State. regulating the bust
ness of insurance: and
Whereas. The said Company has filed
in this office a duly certified copy of it's
charter. with certificate of organization,
In compliance with the requirements CT
the insurance law aforesaid;
Now, Therefore. 1, FL. G. Shober, Com
missioner of Insurance Of the State OF
South Dakota. pursuant tn the provisions
of said laws. 10 hereby certify that TIL.
above named COMPANY IS fully empow-
cred through its authorized agents to
transact it's appropriate business of Life
I Insurance in this State according to laws
thereof until the 31st day of December.
A. d. 1912.
In Testimony Whereof. I have h%ereunto
set my hand and seal at Pierre, this 9th
day of February. A. II. 1902.
H. G.. SHOBER.
Seal, Commissioned OF Insurance.