The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1903-04-10

lULol ~ sss 10, Il
III, DISBURSEMENTS DURING THE
YEAR.
Net amount paid for losses.. 1885, 72.e6
nenosit premiums returned. 2 ,7l3.23
e: :a s s3S!$ssS !. ssss,.sss:.: l. ssiiss:ss2:ss
Salaries and all other COM
pensation of officers and
home office employes. 1914. %
Taxes, insurance department
fees. agents I'M municipal
licenses and REPAIRS etc.,. 174.J23 go
Rent, including for
occupancy of its WI build.
ings NEUTRALITY-SUSPICIOUS.. 81, ss1.22
Legal expenses ...... 9.OIS. SO
Advertising, general printing
and stationery ... $685. IL
Losses on ledger assets...... 4,6e2. 10
All other items.............. 152, 3S9.s2
Total disbursements ....s.. se.44s,os4.ss
Balance s..s1os2es645.s
Book value Of real estate UNI
incumbered ............. sS$72J,5OO.0O
Loans on mortgage on real
estate $3.50. .ts1so,ps7. %
bonds, stocks or other coll $3.50
BOOK tsisss Value Of bonds and elo'soo.oo
stocks owned absolutely.... 3, 4233, 439. 80
Cash in company's of1ice.... 1O..SO7.8e
Cash deposited In banks. ,147,1 05. IS
Bills receivable 3g.Oa9. 10
Agents balances ........ 1.02O, 1925
All other items. ....... 4.S54.43
Total net ledger assets -. slo.s2s.e45.s SO
Interest due n accrued on :
m9rtgages ....,.s. 7.e27.so
stocks over book value. sss, slo.ss
Gross assets $40. 7O2. 6S3. al
Deduct assets not admitted
and for depreciation.
Loans on company's Stock. $500 90
Agents balances . u 33, 00O. II.
Total admitted assets:... $40. ee4.1ss.6o
v. NON-LEDGER. LIABILITIES.
Total Gains adjusted and not
II 91 sts;:;; Of sdjas,asas::: s 81 So: e
Resisted by company on Its - =
0wnsaee0unt ...... {, :a .7ls.os
D sSss' reinsurance :: ss ss .sss.SS
Net amount Of unpaid
g.! s!' "s:. ess 's s@4ss,s@.:::: 4 ;Sss: 1898; sss:sl
Cash dividends to stockhold-
ers remaining unpaid.... 5000
Oue and accrued ter salaries,
rent. advertising, agenc
and other expenses. ....... 46. 546.SS
commissions, brokerage, etc,
due agents ................. 40, 10000
Relnsurance premiums ...... . oO,435.5s
other non-ledger liabilities -. 769, 411.19
Total amount of all liabil-
tues, except capital stock. So, ia, 994.56
SspiIal actually paid up in
wash 5000, 10000
surplus beyond capital and
other liabilities. ........ 1880, 1884
Total liabilities .s1o.ee4, 1880
Risks outstanding at the date
or preceding statem&nt.... 1861, O94. 500
I'ishs written since preced-
Ing statement ... 9S7, 2S9, lit
Total risks 81 ,e4s,sss, sss
Risks cancelled and expired
uuiInS the year,. ..... 9S1,067 ,461
Flsks re-ins,lred during the
80 43,S43,610
BUSINESS IN. THE STATE OF SOUTH
DAkOTA DURING THE YEAR 1902.
Risks written 81. 90 Oo0500
Premiums received nj :36S q
IosseS pad ..,.. {. 1923
Losses Incurred -. .... 5,236.65
STATE OF PENNSYLVANIA, COUNTY
Z Nharles Plat, President. and Greville
E: Fryer, Secretary, of the Insurance
Son,pany of North America. being duly
sworn, depose and say, and zach for him
sen says, that they are the above de-
scrlbed officers of the SAID company, and
Ina on the thirty-irst day Of December,
wsre the absolute property of the said
oonpahy, Tree and clear from any liens
" claims thereon, except as above stated,
ths mat the foregoing statement, with
~ scnedules and explanations hereunto
@@ni,exed and by them subscribed, are a
iin ahHanc correct exhibit OF all the assets.
n nc income and expenditures and
lag "a company on the said thirty-arst day
~ December. last. and for the year end
~ on that day, according TO the best of
resnec~t knowledge and belief
CHARLES PLATT,
GREvILLE E. FRYER.
,eauoscrleed and sworn to before ne this
''eap RICHARD Fl. REILLY,
Notary Public.
STATE OF SOUTH DAKOTA,
Insurance Department,
SSurance of the State Of South Dakota. do
con- certify that the above is a true
GIapy OF the original statement now on
- al this office.
fcy. nahd and affixed the seal of this Of
I lSoa at Pierre. this 10th day of March.
tseaD II 4ruop
commissioner Of Insurance,
DE BE- STATE, OF SOUTH DAKOTA,
Cepartment of Insurance.
GGTqEnpany's Certificate Of Authority.
North as, me insurance Company OF
under tbn.Hrica, a corporation organized
In The the laws of Pennsylvania, has filed
its co con Gil1ce a sworn statement exhibiting
endinn' Ii.lon and business for the year
the r. december 3I,19O2, conformable to
resr IIesqinlrements of the laws Of this state
WNIblaarrinnsg the business of insurance; and.
this No ofia. The said company has flied in
%iI In ctm: with cerfiheats Of ORGANIZATION,
the inipnlance with the requirements OF
Now "ys" thsrslaw aforesaid
Of said phIkota. pursuant to the provisions
above laws do hereby certify that the
cred, tihrronmned company is fully empow-
Tornado aus as appropriate business Of Fire.