The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1903-03-27

For the year ending December 81. A. d.
1907. Of the condition n Affairs OF the
". S. BRANCH PHOENIX ASSURANCE
co LIMITED, OF LONDON.
Organized under. the laws OF the kingdom
OF Great Britain, made to the Commits.
sioner of Insurance OF the state OF
Of said State. Attornays for service os
process in the State OF South Dakota
dnformation furnished by Commissioned
rated January i7th. 1859. q Gom lnsgapoi
business October. 1879.
CAPITAL.
cs spri,a. s s1o actually paid In cash not
PROPERTY OR ASSETS OF THE COM
PANY.
Cash in office .. s26s u
Cash on deposit ........, 276.64i.91s
Premiums IN course Of collec-
stocks : bonds owned by 1os''si.'s
zs e ssg sRss ] -sssssss:::::::::: a'4 ss..s s /
REINSURANCE due on losses al
ready paid ................ s,s51.27
Total assets 81. oes. 4ss.ss
II s:::: s IS s9.2R..s:::;:.::: .asI. s ss7:s
Amount OF unearned pre-
NUNS ON all outstanding
Salaries or eomnnissions due ''S's0f' =,
agents a.....;.......:.... 7s.o72.ss
Rloyes ;;.:,.:.::....:.;.. 2.17s.72
cluded in above ........... 2s1.s14.os
Total liabilities ........ .s2.s9T21s.4s
INCOME OF THE COMPANY DURING
THE YEAR.
Iotal premiums for the year. S3.2s7, 1902
interest receipts ...... 81. S93.2 20
Receipts from rents ... 1850.
Receipts not included in
above Observation-Disclosures. sa4.s75.oo
Total receipts s.. sos. 727.24
EXPENDITURES OF THE COMpANY
DURING THE YEAR.
Losses paid 81. T76I 5a95 m
Commissions paid to- agents. 4ai. SoS. 80
Salaries paid to officers and
employees 15s,o41.2k
lations REPRESENTATIONS. 5ss,115.lo
Printing and advertising.... 2oi2Y.S6
Other expenditures .......... y 4.s75s2S
Total expenditures s3. 315. 91s.s 2
RISKS.
Risks outstanding at the date
Of preceding statement go. S45sI17.2So
Risks written since preceding @ 4
statement I05. ORR 2IR
. Total risks ....... ssse4.o52.4ss
EtlShS CanC0l6Q QEE&9 -aSsHEePEEE.G
expired during the seIs
Risks reinsured dur. o'40'
Ing the year $780,. 15I, 453, PAL
s555.27s.7o 0 555. 27s.7oe
Net amount of risks In
coMPAEY's sTA gEMENT OF Bust
NESS TRANSACTED IN THE STATN
OF SOUTH DAKOTA DURING TIRE
YEAR
Premiums. on risks written. Sc, 09s.7 10
Amount of risks written.. $40, 35l.Ou
Losses incurred during the
Losses paid during the year. ss4S1.Ss
STATE OF NEW YORK, COUNTY OF
New y ork-ss.
Al. Irving. Manager of the u. 8.
Limited. London, being duly sworn, de-.
poses and says that the foregoing is a
Ip!l. true and correct statement Of the
n n.,,rs n OF s sa1d company; that the said
er OF at Sleastsone hundred thousand dol.
isrs 81 actual cash capital, invested in
me state ana United States Stocks and
Real. Estate unincumbered. and worth
ooueie the amount for which the same Is
s mGIssas efiee and Of th sai Is t 1hsur ab Des co ds.
pany.
A. D. IRVING,
Subscribed and sworn to before me.
this 18th day of January, 1903.
(Notarial Seal.l
GEO. Q. RUGER,
Notary Public.
STATE OF SOUTH DAKOTA,
Insurance Department.
I, III. C.. Shobcr. Commissioner OF In.
surance of the State OF South Dakota,
do hereby certify that the above Is 4
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
ofncs at Pierre, this 10th day OF Febru-
cry. 1903.
(Seal.) II. @. SHOBER.
Commissioner of Insurance.
TIE STATE OF SOUTH DAKOTA,
Department of Insurance.
Company's Certificate of Authority.
Whereas. h Phoenix Assurances Co.
Limited, a corporation organized nde
the laws of Great Britain, has filed in
this office a sworn statement exhibiting
Ats condition and business for the year
ending December 81, 1902, conforuaabls
to the requirements of the avs Of this
State regulating the business of insur-
ance; and
Whereas. The said Company has filed in
this Office a duly certified copy of its
charter, with certificate of organization,
In compliance with the requirements OF
the insurance law aforesaid,
Now, Therefore, 1,sH. c. Shober, Com.
4 missioner of Insurance of the State Of