Devils Lake inter-ocean. (Devils Lake, Ramsey Co., Dakota [N.D.]) 1884-1905, 1903-06-12

- ~ ~ ILL @
Policy claims in process Of
Policy Claims which have s11s'f BEEN
reported and no proofs recelv-
Policy claims resisted = +:
company -. /. /. ....76, 1900
Total policy claims {. 49, SOC, 47e 81
Net present value Of ali ost.
standing policies paid for and
additions thereon in force on
the 31st day Of December,
1902, rs computed by the In
surance dept. of the state
Of New York on the actuaries
and American table Of NOR
tally with 3 and 4 per cent
interest as follows: policies
known as the company's 8 per
cent policies and all policies J
issued since December 9lst.
1900, being valued as per the
American Experience Table
Of Mortality with 8 per cent
Interest, and all other poll
cies valued as per the Com.
blned Experience Table Of
Mortality with 4 per cent
Dividends due and unpaid 1851
Premiums paid In advance, In =
GLIDING surrender value so
Add itionai reserve on policies '''0'
which the company values on
a higher basis than that u.s.
ed by the New York State
Insurance Dept. as above
Reserve to provide dividends '''''
payable to policyholders in
1908 and thereafter as the
periods mature:
To holders Of 20 year period
policies and longer :. q ,s77,s 2b SO :
To holders of Is year period
To holders of 10 year period ''z'o''t1 ~
To holders OF 5 year period 0'''''' ~
To holders Of NINA, d,v;. oo''soi W
Reserves to provide for all
other contingencies =. ....1O,511,7 15 90
Total additional reserves. SO. oa4. 11s So
Amount %at., Of , all other liabilities !, q e,5d / e 2 2
Renewal premiums. As, 642, 306.44
Total q. ....s e5, 2ss, s15.ss
Deduct premiums paid for re-
insurance . ......233,S7l:29
Total premium income 80. $65, O49, GA "a
Interest received .. -. -. Ill, 1856, S81 81
kents received 1,95s, 59o g /
10'A' 'D'' ExPHNDiTUREs. '''0- o.
Paid for losses and. additions$15 1872, 507 30
Paid for matured endowments
ps sss to sa s5asissnts :: !: -: 4,eas; ,sSs !, =
Paid for surrendered policies,
g? $!$$: &: ss; 81 = 7s! Ss ~ ,; Is: *'7 2s::: :ss Z Z
Dividends paid to policyhold-
Paid tor claims on supplement- '170''A'
airy contracts not involving
life contingencies :. . F.. 4. 37,278 IS
Cash paid during the year for
commissions and salaries Up, 37O,O 76 %
Rents paid during the year >. $780, 1886 p
Taxes paid during the year =. 932, 113 03
Cash paid for advertising 80, 135, $50 OF
Cash paid for committing COM
Medical IiesiVu e.amlner;s fees, se77,- ''1'' =
296.1s: inspection of risks {
Amount q all other cash e1- o11'''' -
\QenOltureS . Z. (. .. =. . . i. 1,o11,6SZs %
Total expenditures 49,: ::s4o, e25, sol ~
Whole number Of policies writ 525gf
ten and paid for in North
Dakota during the year..
Total risks taken during the
year in North Dakota ..$2,001 PIT 90
Total premiums received dur
ing the year. in North Dakota. 240,1 4 A
Total losses paid during the
year In North Dakota ..s 229,117 10
Total losses incurred during
No poiicy or sum OF insurance is in.
cluded in this exhibit as new issues Of
the year or otherwise. except where the
LA0S( has oSSH EUA0 W AN "APNN SA
STATE OF NORTH DAKOTA.
:, Office of Commissioner ct Insurance.
I, Ferd Leutz, Commissioner Of Insur-
ance of the State of North Dakota, do
hereby certify that the foregoing is a true
abstract of the original statement now on
file IN this Office. #
In testimony whereof, have hereunto
set my hand and affixed the Seal of this
office, at Bismarck. this 18th day Of May,
(SeaD Commissioner of Insurance.
By w. G. Gilbreath, Deputy.
COMPANIES CERTIFICATE OF
AUTHORITY.
Whereas, The Network Life. Insurance.
Co., q corporation organized under the laws
of New York. has filed in3this office a sworn
statement exhibiting its condition ana n
1902, eonformable to the requirements OF
the laws of the state, regulating the busi-
ness of insurance, and,
Whereas, the said company has filed In
this Office a duly certified copy OF Its
charter with certificate q ORGANIZATION IN
with the requirement Of the IN
surance laws aforesaid.
Now therefore. i, Ferd Leutz. Commits
sIoner Of Insurance of the State Of Nerth
Dakota. pursuant to the provisions of said
laws, do hereby certify that the above
named company ,I IS igay f en-
its appropriated business ssNf life insurance
in this state accordingS.tp laws thereof,
.untiR the 31st day of December, A. D.. 1903.
In TESTIMONY whereof aIlshave hereunto
set my hand and seal afssRismarck, thin
til day Of January, A. D. ls9a
seap Commissioner Il insurance.
BY ". G. Gilbreath, Deputy.