Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1903-04-09

Dec. 81 1901 -. =. .s27e, 729. 7ee. 20
'. ASSETS OF THE COMPANY.
IS .,..,.s.,.. ~ ,..,.'.....,. SO, 10000
Ace Is . ~ 80 296s2s2
bank is ......,... " 1.51s,27491
I first mortgage on real es-
Amount Of loans secured by
+ pledges of bonds, stocks,
Loans made to policy hold
srs. policies assigned as -.
collateral ................. y Ue3613.S4
| Book value of bonds, ....... 2lS, 423 05l. IL
on policies in force. -. 1894, 475.59
and banks on interest, -. 21O7415o.e
Uncolectible and deferred
premiums CnetJ ........... 5,441, 1908 6s
Amount of interest due and
Market value of stocks and
bonds over book yalue:... 6,G16, %
Total assets ............. 1892, $40 900.03
LIABILITIES.
Net reserve .............-.. $2ss, 844, $4,000
Premiums paid in advance s90692 10
Commissions due agents. ~ 1861
Policy claims ......., 1900. 300 4T6,9T
paid ,..................... 1s5677.79
Amount of ali other existing
claims against the COM
paHy OBSERVATION-DISCLOSURES. S4J, I4I.9l
Additional reserves ........ 5o,03I, 11S,S8
Totaf liabilities .......... 1922, SAC. 9oOo3
INCOME DURING THE YEAR.
Amount Of cash premiums
received on new policies. SO, 5SS 02l.63
received on renewals. ;, -. 49,4e1. 922 81
Amount of interest and
rents received ............ 12,945 452. 80
Amount received from all
other sources ............. 1,113OO4.2 %
Total income ......,.... $40, 10S 401. "a
EXPENDITURES DURING THE YEAR.
Amount paid for losses and
matured endowments 80. $l9,9T7. 609. 40
Medical examiners fees,
Amount of dividends paid to
policy holders .............. 4,2i0 514.90
Surrender values ............ 1862. 525. SO
Amount or commissions and
salaries paid to agents and
Amount paid to tofifiicesrrss for '''0''A0
quisites ................. s36,735.s3
rents, advertising and de-
partment fees, etc. 5000. 2,SI1017. 55
Amount of all other pay
ments and expenditures. 1914, -
Total expenditures $3.50. SAG, 925. SOL AZ
J COMPANY'S STATEMENT OF BUSI-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Whole amount of premiums
received in or from. tie
State of. South Dakota
during the year. ........... $193, 239. 33
Amount paid for losses in
South Dakota during year. 37.5Sl.49
STATE OF NEW YORK. COUNTY OF
New York-ss
John A. Mccall, President. and Charles
G. Whitney Secretary Of the New York
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 absolute
property OF the said Company free and
clear from any liens and claims thereon.
except as above stated and that the
foregoing statement with the schedules
and explanations herein contained an
neXeG. or referred TO, are a full and COR
rect exhibit Of all the assets liabilities,
I income and disbursements and OF the
condition and affairs OF the said Company
on the said thlrty-arst day Of December
last and for the year ending on that day
according to the best Of their informa-
ton. Knowledge and belief, respectively.
JOHN A. MCAIL,
cHAs. c. WHITNEY,
Subscribed and sworn TO before me this
Bird day of January, a. ID. 1908.
(SoaD H. DEL RANDALL.
Notary Public.
STATE OF SOUTH DAKOTA,
Insurance Department
j, III. c. Shober. Commissioner OF In
hereby certify that the above Is a true
copy of the original staten ent now on file