Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1902-04-18


ANisl.as. s,i'A1.ssaiENT. +
For tho year ending December 81. a. D..
19y1. of the condition and affairs of the
Northwestern Lie ana savings
Company.
Organized under the laws of tho 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. Gro.
we'll. Principal Office mot given.)
sate Sf fso se ssrEes pssota Of N
incorporated March 23. 1896. Commenced
business May 9th, 1896. :
r =, CAPITAL.
Amount of capital stock ac-
tually paid in caslrs. ...... 800, 10000
Amount of net or ledger as
sets December 81 of previ- =
1901 ...........'........... s.. @ 100000
ASSETS OF THE COMPANY.
1ice is. ........... s1.455.1o
bank is. s.................... 2.702.30
The cash in hands of agents
sion. is..s......'... !. 15.s2s.os
Amount of loans secured by
first mortgage on real es-
Looms made to policy hold
ers. on this company's poll
icies assigned as collateral 19,O00.95
Amount of premium notes
on policies in force. 2S9, 9,3J7.21
premiums tnet5... ......... 5s,soo.so
accrued .................. @ 15,e47.o7
ances, agents credits in
premium notes ........... 197.1s5.91
$sso.o54.19
Deduct assets not admitted. 01 ,465.91
Total admitted assets..... $3.50, ,7Ss.2s
LIABILITIES.
Net reserve ................ $G1s, ,Oso.42
Amount of all other exist
ing claims against the
company ZV,uiU.2l
Total liabilities ........... seas. .1so.Gs
INCOME DURING THE YEAR.
Amount of cash premiums
received on new policies,
no expense deductions. $623. .023.53
Amount of cash premiums
received ON renewals, no
expense deductions ....... 25S. 1890
Amount of interest received 2O,716.40
Total income ............. s9o1, ,oss.oo
EXPENDITURES DURING THE YEAR.
claims ............. s1o.5e5.oo
lapse ................... ] 1o,o2e11
cash ..................... 54744
Amount to stockholders... 2,5O0.OO
Amount of commissions and
salaries paid to agents.... 404. .155.72
Amount paid to officers for
salaries and other per-
.auisites ................... .ss.65345
partInent fees .s.......... 14,5sooo
Amount Of all other pay
ments and expenditures. 112,I2S.I2
Total expenditures ....... s5o7,712.44
CoNlpANY'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
du1ing the year. $20,G00.12
Amoanl paid for losses in
South Dakota during year GO0.OO
STATE or IOWA,
County OF ipoli-ss.
q e. Wit,er, President, and c. G. Cro-
AM SAVINGS Company, being duly sworn,
o5ch lor himself deposes and says that
they are the above described officers of
the said Company, and that On tine thirty
first day OF December last all the above
oese.ined assets were the absolute prop-
erty oy The said Company free and clear
as above stated; and that the foregoing
Statement is Il fun and correct Exhibit of
all the .Assets Liabilities. Income and
DISBURSEMENTS, and of the condition and
a .tails Of The said Company on the said
thirty-.iisL day of December last and for
the tNear e,,dirg on that day. according to
the best CT their information, knowledge
ID. r. WRITER.
z. c. CROWELL,
Subscribed and sworn to before me this
9th day OF Janlary, A. ID. 1862
.tSeal) G. NJ KELLER,
Notary Public in and for Polk County.
My commission expires July 4, 1903.
Sn,Arl, OLE snIfru nAKnrA