Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1902-05-10

I.-cAPITAB STOCK. .
Amount of capital stock
paid in cash Aluminium. $~l,oOO.OVoVo
Amount OF net ledger as
sets. December 31st of pre- o-o :,
vious year .........!t... S.ofl.o'S'o'
II.-INCoME DURING YEAR.
Gross premiums unpaid
Dec. 81 last year......t 49,. $zlo,ef4.o<
Gross premiums on risks
written and renewed dur - %
Ing year .........!I.'.... i'fso'ooo'oo
Total s1.eeI. oss.e2
course of collection at this
during the year.....:.... 1,4i3.05s.7s
Deduct reinsurance. abate-
ment, rebate and return ,o,co ox
N for preminms Carried OUT 1925. sss.7s
Interest on loans on mort ~ O
Interest on collateral loans 26.939.21
Interest and dividends on
stocks and bonds........ 20.O22.SI
Interest upon other debts
due the company......... So1.Io
Rents. including companv'a
occupancy OF Its W
buildings ........!!.!'...' o"'<'
Total interest ........r... s57.51S.08
Income from all other
sources, viz: subscriptions
to department guaranty
attorneys ........'''.''.'' i'ofo'Nf
Total income actually re-
ceiyed during the year = m
and income '".....n... 3.341,G23.07
IlI.=DIsBURSEMENTs DURING THE
YEAR,
Gross amount paid for ma
tured claims other than
weekly indemnity ~.!!i.... $3Ol.so7.So
Deduct reinsurances and
salvages including recov-
cries on account OF losses
previously paid ....1E..... .Oi.l43.oO
Net paid policyholders. 80. 237.7li.3S
To stockholders for interest
on dividends ............. OO.OOO.OO
Commission to agents...... 3O0.Olo.0S
Salaries. travelling and all
expenses of agents and
agencies not on commits
sion account ........'.... l!3'aoo' 20
Inspections ................ 12.34S.oz
Salaries and all other COM
home office employees o4.9S3.o2
Taxes on premiums. In -
ance department fees and
agents licenses municipal
licenses. tax on franchise. 43.Ilo'6I
Rent. including company's
occupancy Of its own
buildings ........!.:i..... If,llo'JV
Legal expenses .....':..... Zz.ooa.os
Furniture and fixtures. adj
vertisinR and general
printing and stationery. s9.023.oS
ITALY sold Under cost. s.0G6. 10
All other items. ............ o'.ieo.lo
Total miscellaneous ex-
Total dlsbursements ...... 1,O51, 630. 80
Balance <.Zoo'ooo.oo
IV~.-ASSETS.
Book value of real estate. $135. 466.41
Loans on mortgages on real
Loans secured by pledge OF
bonds. stocks or other
marketable collaterals -. 655.I44.OO
stocks owned Absolutely. LIPS. 992.s5
Cash in company's ottice.... 14.1SG.31
Cash deposited in banks. 3S4, SS6. Oh
All other items. ....:!y..... @.15S.56
Total S2,304. 43i.7 70
Deduct ledger liabilities:
Cash deposited as collateral
for security of risks...... 1Oi.44l.3d
Total net ledger assets. S2.2s9. 9os.s
Interest due and accrued on
mortgages .........:...... S4.UC
Interest," due and accrued on
ponds and stocks. ........ 16.067.SS
Interest due and accrued on
collateral loans .......... 1.6IZ.SJ
Total outstanding interest 1923. 744.7
Market value OF bonds and
stocks over book yaiue.... 2l.143.Z,
Total net amount or out
standing premiums $50. $l72, 20S.Ol
Total assets .......!..... 2,507. 6S9,4l
V.-NON-LEDGER LIABILITIES.
In process Of Adjustment. 2l,0G7.0
Resisted by company on Its
own account .........'... o3,lOo.4t
Aggregate of unpaid
claims and expenses. s.... $75.O72.4s
Total unearned premiums. $50. 794.6(
Total amount of all labili-
ties. except capital stock. 1851. %
Joint stock capital actually
paid up In cash. and sur
Mus beyond capital and
other liabilities ..nu.... I.775.s 22.4 Al