The pioneer press. (Miller, Hand County, S.D.) 1893-190?, 1903-04-23

For the year ending December 3lst, A. ID.
1907, Of the condition Of the
Lloyds' Plate Glass Insurance
Company.
Organized under the Laws of the State
| OF New York. made to the Insurance.
commissioner Of the State OF South Da-
kota, pursuant TO the Laws of said
State. President, William 4. Woods.
Vice President, George NJ. Olcott. Sec
rotary, Charles Il. w. Chambers. In
corporated, August, 1882. Commenced
business September, lSS2 Principal Of
flee, No. 0S William street, New York
/. CAPITAL STOCK.
Amount of capital stock paid
Amount of net ledger assets,
December 3lst OF previous
ii. INCOME DURING YEAR.
Net cash actually received
for premiums ............... $423 632 I5
Interest on collateral loans. 1877
Interest and dividends on
stocks and bonds .,.,....... 1l,9G39O
Interest upon other debts due
Rents ...J.;..........,..:... 1s.577.Ss
over cost ......,......:.... 9,975.oo
sources .......,............ 3,S3
Total income actually re-
eeived during the year, in
Cdsh ..',.....'.,,,,...... sob 424.U
Aggregate last balance
and income .,..,........,.. s1,o1s Osa5s
III. DISBURSEMENTS DURING THE
YEAR
Net paid policy holders. S15oOol.44
To stockholders for interest
cSm@ aIyiqsn9S to q, 22 $50 g
Salaries, travelling and all
expenses OF agents and
agencies not on commission
account NEUTRALITY-SUSPICIOUS.. .99
Salaries and all other COM
pensation of officers and
home office employees. ...... 4e 005. 10
Taxes, insurance department
fees and agents and mu-
nicipsl licenses ...:....:... 174o2.Os
Rent legal and real estate
expenses .............,.... es51.5T
ing, printing and stationery 5.651si
Losses on ledger assets ac-
tualiy sold under cost -. 9.se9.92
All other items, profit, loss. 4OO9l
Total disbursements ..... SiO2 .614.9s
''''' iv,. ASsErs.' '''-O'''
Book value of real estate. S245, 1918
Book V lue of bonds and
stocks owned absolutely, 345,SO2 10
Cash in companys office, I,396.O0
Cash deposited in banks 80. 14,75913
Total net ledger assets. -. $61O. 42055
Market value of real estate
over book value ...,........ 1a.236s2
Market value of bonds and
stocks over book value.... 42,s9722
Total net amount Of out
standing premiums ...... SO, GT5.69
Total assets ............... S7-l a8o2s
V. No LEDGER LIABILITIES.
In process OF adjustment. 90. $4,000
Total gross premiums upon
all uneXpired risks. running
one year or less from date
Total gross premiums upon
all unCxpired risks, running
more than one year from
date OF policy ,..,.....-.... 0l,JO4OO
Due and accrued for salaries,
and other expenses 49,. 1o255.o2
Total amount Of all liabili-
ties, except capital stock S25l ,5276S
Joint stock capital actually
paid up In cash ............ 2JO.O00.O0
Surplus beyond capital and
other liabilities .,.....-.,.s 223,fo2IO
Aggregate amount of all
liabilities, including paid
up capital stock and net =.
surplus vi. RISKS. $1,000
Risks outstanding at the date
OF preceding statement. .$lI, O63, 02iOO
Risks written since proceed
ing statement .........,... l6,2T2.UD3O0
Total risks ................S 33. 49,. O79oO
Risks cancelled and expired
during the year..........., 162T5,l6o.oO
Net in force Dec. 81, 1902. S17,059, 9IlOO
BUSINESS IN THE STATE OF SOUTH
DAKOTA DURING THE YEAR 1902
Risks written ............. 500. 2JO.iJ
Premiums received ......... l.929.0g
Losses paid ................. s32.S3
Losses incurred .....,...... S32.S5
STATE OF NEW YORK,
County Of New York-ss
cS Msm g99af seeratsry a1 Of
the Lloyds Plate Glass Insurance
Company, being duly sworn, ,deposs
and say, and each for himself
scribed officers of the said company. and
that on the thirty-first day of December,
last, all Of the above described assets
were the absolute property of the said
company, free and clear from any liens
or claims thereon, except as above stated,
and that the foregoing statement with
annexed and by them subscribed are a
full and correct exhibit of all the assets,
liabilities. income and expenditures and
of the general condition and affairs of
said company on the said thirty-first day
of December last, and for the year end
ing on that day, according 10 the best OF
their information, knowledge and belief
VIM. b. WOODS.
CHAS. f. w. CHAMBERS.
Subscribed and sworn 70 before ne this
(Seal) A. A. LEACH,
Notary Public.
STATE OF SOUTH DAKOTA,
Insurance Department.
|, III. G. Shober Commissioner OF In
surance Of the State of South Dakota do
hereby certify that the above is a true
copy OF the original statement now on
file at this office.
In witness whereof, nave hereunto set
my hand and affixed the seal OF this Of
fee at Pierre, this 10th day of March.
1893.
(SeaD H. c. SHOBER
Commissioner of Insurance.
THE STATE OF SOUTH DAKOTA,
Department of Insurance.
Company's Certificate OF Authority.
whereas The Lloyds Plate Glass In
surance Co, corporation organized
under the laws of New York, has fled
In this office a sworn statement exhibiting
Its condition and business for the year
ending December 81, 1902 cOnformable to
the requirements OF the laws Of this state
regula ting the business of insurance; and,
Whereas The said company has filed In