Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1903-04-11
NORTH BRITISH and MERCANTILE ms.
co. OF LONDON ANO EDINBURGH.

Co. OF LONDON ANO EDINBURGH.
Organized under the laws of the Kingdom
of Great ~i'ritain, made to the Commits
sioner of Insurance of the State of
South Dakota, in pursuance Of the laws
of said State. Attorneys for service of
process i'm the State of South Dakota
Information furnished by Commissioners
of Insurance Organized or lncorpo-
rated 1903. Commenced business in
United States December. l &c.
PROPERTY OR ASSETS OF THE COM
PANY.
Cash value Of real estate. 49,. ...........
Cash on deposit. .............. 300, O63. 80
Premiums in course of cOllec-
tOn OIL, 1OS.l4
Leans on mortgages. being the
first lien on real estate worth
at least double the amount
loaned thereon ........... 4,ss1.1O
Stocks and bonds owned by
the comoany ............. 4,7sO,G o5.O 90
Interest due and accrued. 80. 1862, 80
Total assets ............. So, 75S, 261.11
LIABILITIES.
Losses yet unpaid. ........,. $500, 662. A
Losses resisted .............. 60, 124. 30
Amount of unearned premi-
ums or all outstanding risks 2,040, 140.35
unpaid ....."............... 1O,9O5.OS
agents 136,619.93
Total Liabilities ............ $3,4' ,O52.79
INCOME OF THE COMPANY DURING
THE YEAR.
Total premiums for the year. So, Os3 021. %
interest receipts :..''....'... l6o,43oo9
keceipts IRON rents :......... .....'.....
Receipts not included in above ...........
Total receipts .$7,?fe 1912
EXPENDITURES OF THE COMPANY
DURING THE YEAR.
Losses paid ...;;.'.....::..$1'9d4'6o 44o
Salaries paid to officers and
Return premiums and cancel
latlons 1,l34,O49.43
Litigation expenses .......... ...........
departments .............. s4,O43 %
Printing and Advertising ...... 2c,"71.65
Other expenditures ........... 16S, 1854
Total expenditures .........Si,3S5 ,1O0.57
RISKS.
Risks outstanding at the date
Of preceding statement. 80. $504, 1874, 521
statement ..,.......... :. 553, 632, $40
Total risks ............. 81, O5s, 400, SCI
Risks cancelled,
and expired dur
ing the year ..Si45,4o1,3 s2
Risks rcirsured
during the year. 44,346,961
Total deductions S4s9,7 os, 34a $50, 1888 4
Net amount of risks in
force $56S, 66S,51S
COMPANN'S STATEMENT OF BUSI-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Premiums on risks written. ST, 702.SS
Amount of risks written GIG, $4,000
Losses incurle ed during the
year f,O5o'Do
Losses paid during the year. 2,21437
-
STATE OF NEW YORK,
County of New YOrk--Ss.
Il. G.. Richards, Manager and Secretary
of the L.. S. Branch OF North British
aud Mercantile Insurance Company OF
London and Edinburgh, G. b., being duly
sworn, dcpUscs and says hat the foregoing
is q full. true and correct statement OF
the affairs IF said Company; that the
said 1nsurGrN" company, is the bona-fide
owner Of yt one hundred thousand
dollars | cash capital, invested
In the 3 ..# United States Stocks and
Bonds, anais and Mortgages OF
Real + .HIucumbered, and worth
double / r..gGt FOR which the same is
mortgage r.d he is the above de-
scribed officer of said Insurance Com
pany.
f.. G. RICHARDS,
Manager and Secretary.
Subscribed and sworn to before me,
this 21th day of January, 1908.
(Notarial Seal, GEO. H. CORNY,
Com. for the State of So. Dakota. ?
m NJ 20 NXY.1I 50 NJ VI "a.