Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1902-04-10

OWDtt - company ....... 41D, DoJ,Ol
Amount OF loans secured by
hrst mortgage on real es-
tate 49,. 534,15ooo
Amount of loans made to
poIicyholders on policies
assigned as collateral. 80. 7,f04, 1916
Amount of premium notes
on policies in force........ sos, 2IS.44
Uncollected and deferred
premiums tnetl ........... Lib, 250.S3
Amount OF interest due and
All other securities. ......., l4S.67S.40
Total ..................... $11.2a2.o4e.o6
Deduct assets not admitted. los, 134.46
Deduct agents credit bal
anCeS S,5Do,S4
Total assets ........... s11, 100, GOA. 10
LIABILITIES.
Amount due on annuity
claims Nl,2OD.D
Net reserve ........-.,...... 9,06S ,46S.66
Amount of losses adjusted
but not vet due. ... 636. sos. 81
Amount of losses unadjusted 2S,0Go.74
Amount Of claims for losses
Amount of dividends un-
paid ..,................... Ss,925.54
Amount of all other existing
claims against the COM
pany 14o,sOssT
Total liabilities ........... 1 o,44s.2 so.27
Cross divis. surplus .....,... 6s5. 32t49
INCOME DURING THE YEAR.
Amount of cash premiums
received on new policies,
no expense deductions. $3.50, 81 90
Amour of cash premiums
received IN renewals, no
expense deductions -. e.sos, 1887
Amount of surrender values
received applied to pur-
chase of paid-up insurance
and annuities ...........
Dividends applied by policy
holders for premiums, ..... %, 462.56
All other receipts from pol
Amount of interest and
rents received ........... s26. 1ss.6s
Amount received from all
other sources ............. 252.a9
Total incor.e .......... 1866. ss4.6o
EXPENDITURES DURING THE YEAR.
Amount paid for death
claims and additions. $500. 81, 7S9. 2D2. Ga
claims ..,:......."...." 6,7O514
Amount Of other policy
claims paid ............... 2,304, 1888
Dividends applied by policy
holders for premiums. 20. Oh, 1926
Amount to stockholders. T.
Amount of commissions and
salaries paid to agents.. 433, 103. 10
Amount paid to officers for
salaries and other perqui-
sites .....,::......~.... sO7, s2l.9s
rents, advertising. depart
m@nt fees and renewal
commissions ,......... 643, 80 0S
Amount of all other pay
rnents and expenditures. 3s9, $685. 70
Total expenditures ........ ss.970, 625. 25
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 $2,3591S
Amount paid for losses In
South Dakota during year $4,000
| STATE OF NEW YORK.
County of New York-ss.
Geo. ID. Eldridge, Vice President. and
Charles w. Camp, Secretary of the Mu-
tual Reserve Fund Life Association, be-
ing duly sworn. each for himself deposes
and says that they are the above de-
scribed officers Of the said Company, and
that on the thirty-first day of December
last all the above described assets were
the absolute property of the said Com
pany, free and clear from any liens and
claims thereon, except as above stated;
(! and that the foregoing statement with
the schedules and explanations .erein
contained, annexed or referred to, are a
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 th~irty-tirst day OF
December last. and for the year ending
on that day. according to the best OF their
information, knowledge and belief, re-
GEO. d. ELDRIDGE.
Vice President.
CHAS. w. CAMP,
Secretary.
Subscribed and sworn to before me, this
21st day of February, 4 D. 1902
SEWEL, TYING.
tNotarial Seal) Notary Public.
| STATE OF SOUTH DAKOTA,
Insurance Department.
I, II. G. Shober. Commissiouer OF In
surance of the State of South Dakota. do
hereby certify that the above is a true
copy Of the original statement now on file
at this office.
In Witness Whereof, I have hereunto
set my hand and affixed the seal OF this
Office at Pierre. this Bird day OF March.
1902.
II. &. sHoBER
tSeal.) Commissioners Of Insurance.
THE STATE OF SOUTH DAKOTA.
Department OF Insurance.
Company's Certificate OF Authority.
Whereas, The Mutual Reserve rand
Life Association, a CORPORATION or
ganiZed under the laws of New York. has
filed in this Office n sworn statement ex-
hibiting its condition and h~usines for the
year ending December 81, 1901. confor-
mable TO the requirements OF the laws OF
this state, regulating the business OF in
surance: and
4 WHETHER, u ne sdlu IbtnDdnv mas nie0 in
this Office q duly certified cory of its
charter. with certificate OF organization.
in compliance with the requirements OF
the insurance law aforesaid;
Now, Therefore, i, H.. G. Skber. Com
missioner of Insurance OF the State OF
South Dakota. pursuant 10 the provisions
OF said laws. do hereby certify thar the
above named company Is fully empowered
through It's authorized agents TO transact
Its appropriate business OF Life Insurance.
In this state. according TO laws thereof,
until the 3ist day % December. A. ID.
j, 1902.
In Testimony Whereof. 7 have hereunto
set my hand and seal AT Pierre. this 27th
day OF February. A. n. 1907.
II. CsHSHOBER.
Minister Conger Goes to shanghai.
Pekin, April s. - Mr.. Conger. the
American minister. sailed from Taku
for Shanghai on he gunboat Whining
ton yesterday. Mr.. Conger Is TO repre-
sent the United States government IN
che commission which Is to revise the
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