The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1903-04-17

ANNV44M e4g
vear ending lAc4me1xxa
F9 9so no 81 the condition a. tns
insurance Company 81
America.
-,,zea under the Laws Of
ot nf pennsylvania. made : 9
Commissioner Of the state OF
Eota. pursuant to,the Lay
Estoa President, Charles u
S.rasident, Eugene u. Ellison.
f]rreyille E.. Fryer. Incorpori
GIe,7o4, Commenced business
IA, Isolation, 1882. Principal
aWsInut street, Philadelphia ]
I. CAPITAL STOCK
,rount of capital stock paid
IN in cash.......-.:..... =
nIo,In1 Of net ledger assets,
ApIecember slst Of previous
year II. INCOME DURING Z:
nnsnosit premiums written on
Dnerpetual risks ............
interest on loans on mort
g; at on collateral loans.
IInterest and dividends on
stocks and bonds.
rn+erest from other sources.
pents of its own buildtng..s.
nrnnt on ledger assets ac-
tuaily sold during the year
over cost .......:.s...,.....
income from all other sources
Total income ....ss.......s
III. DISBURSEMENTS DUR
2 a
Nat amount paid for losses. !,
1,eposit premiums returned.
10 stockholders for interest
m dividends .............
omission or brokerage...
Salaries and all other CONF
nensation OF officers and
home office employes......
Taxes, insurance department
fees. agents and municipal
licenses and repairs, etc..
Rent, including for con.pany,s
occupancy Wits own build-
ings NEUTRALITY-SUSPICIOUS.
Legal expenses ..............
Advertising, general printing
and stationery ..........s..
Losses on ledger assets......s
All other itemS..........s....
Total disbursements .......
Balance ...,S
w. ASSETS.
Book value of real estate un-
incumbered ..............
Loans on mortgage on real
estate .....................
Loans secured by pledge Of
bonds, stocks or other coll
laterals .,..................
Book value Of bonds and
stocks owned absoluteiy....
Cash In company's ofice.....
Cash deposited In banks.....
Bills receivable ..............
Agents balances ..~...s.....
All other NEUTRALITY-SUSPICIOUS..
Total net ledger assets. ....$
Interest due and accrued on
mortgages .........ss......
Market value Of bonds and
stocks over book value.....
Gross assets ...............S
Deduct assets, not admitted
and for depreciation.
Loans on company's Stock.
Agents balances .............
Total admitted assets. 4
V. NON-LEDGER LAB
Total claims adjusted and not
In process Of adjustment.
Resisted by company on It'll
own account .............y
Total .................sss.ss
Deduct reinsurance
Net, amount Of unpaid
Claims and losses.........
Total unearned premiums....
Cash dividends to stockhold-
ers remaining ,urpaid.,.....
Due and accrued for salaries,
rent, advertising, agency
and other expenses.
Commissions, brokerage. ETC..
due agents ......,..........
Reinsurance premiums...
Other non-ledger liabilities.
Total amount of all liabil-'
tiles. except capital stock.
Capital actually paid UP in
cash
Surplus beyond capital and
other liabilities .....,.....
Total liabilities ............
VI. RISKS.
Risks outstanding at tho date
OF preceding statement. .s.
Risks written since prsced-
Ing statement .,.........s..
Total risks ...............,!
Risks cancelled and expired
during the year.
Risks re-insured during the
year OBSERVATION-DISCLOSURES.
BUSINESS IN THE STATE
DAKOTA DURING THEY
Risks written ...............
Premiums received ..........
Losses paid ................
Losses incurred ............
STATE OF PENNSYLYANI.
Of Philadelphia-ss.
Charles Plat, President, {
p. Fryer, Secretary, of tn
Company of North America,
sworn, depose and say, and e,
self says, that they are tn
scribed officers OF the said ri
that on the thirty-first day Q
aast, all Of the above desc
were the absolute property
company. free and clear fro
or claims thereon. except as &
and that the foregoing stat
the schedules and explanatic
annexed and by them subsc
rull anG. correct exhibit OF al
liabilities, income and expsl
OF the general condition an
SAID company on the said thi
OF December, last, and for Il
Ing on that day, according tt
their information. knowledgt
respectively.
CHARLES PL1
GREvILLE e.
Subscribed and sworn to be
18th day Of January, 1903.
(SeaD RIcHARD Fl.
Not
STATE OF SOUTH e
insurance Department.
I, Fl. G. Shober, Commiss
Z. isurance of the State Of Soutl