The Mitchell capital. (Mitchell, Dakota [S.D.]) 1879-1918, 1903-05-08
ANNUAL sTATEMENT
Ray the wear ending December 81, A.. y.
3So1. Of the condition and affairs OF tns
Germania Lie Insurance Com
nnnv of New York.

IL
Amount of loans secured by
tate a. $40. eo4.5o
Amount Of loans to policy
holders secured by policies
assigned as collateral. ...... 1,G34,2sLeo
Market value OF bonds and "a
stocks over book vaue...... 290 ods39
Book value of bonds......... 9,IIz,ooa.So
miums met - ....e.... 5s7.212.47
Amount Of interest due and ,.s,e,o.
accrued "a''i'''
Total assets $50, ee5 ,5s0.e0
Liabilities. o
Amount OF losses in process
but not vet due. ......... 2 5,7s7.4s
unpaid s,3e5.22
Amount of losses reported ~
and no proofs received..... sS,461.O9
Amount Of claims for losses
Other policy claims. ......... 4,144.4e
Amount of dividends unpaid. 41,599.79
Amount of all other existing
ny 1oe,77e.5s
Total liabilities ............ $26, 3l6, 1Oo.4o
Gross curplus .............. 4,119, 1914
Capital stock paid up........ 200, 100000
INCOME DURING THE YEAR.
Amount of cash premiums
received on new policies, no
expense deductions ........ $527 ,S66.54
Amount of cash premiums
received on renewals, no
expense deductions ........ 3,O46,O22.72
Amount Of surrender value
received applied to pur-
chase of paid-up insurance
and annuities ...:......:.. 1l4,66S.1o
holders 1855. e97.es
Amount of interest and rents
received 1,see.e5s.7b
other sources ............ s54, 2es.2s
Total s., 5e5. 4s4.1o
insurance ......t......:... 5,eee.5o
Total income .............. IS. 55e, 7s4. go
EXPENDITURES DURING THE YEAR
Amount paid for death
e;ainns and additions ...... 81 ,119, 742.7S
Amount paid for matured en-
Gowments and additions.... 756, 302.24
Amount Of dividends and in
tcrest paid to stockholders. 24,O00.00
Surrender values ........... 327, 827.00
Amount of commissions and
salaries paid to agents and
officers and medical exam
and department fees ..:.. 1o4.o47.se
msnts: and expenditures... s2,e7e.ss
Total expenditures ........ 50, sos, oes.eo
COMPANIES STATEMENT OF BJSI.
OF SOUTH DAKOTA DURING THIN
Whole amount of premiums
received IN or from the
State of South Dakota dur
Amount paid for losses in
South Dakota during year. None
STATE OF NEW YORK,
County OF New York,ss;
Cornelius, Doremus. President, ana Carl
Heye. Secretary OF the GeTmania Life
Insurance Company. being duly sworn.
each for himself deposes and says that
of the hAid company. and that on
the thirty-irst day Of December
last. all the above described assots
Company, free ard GEAR from any Liens
and claims thereon, except as above sta
ted, and that the foregoing statement.
with the schedules and explanations here
In contained, annexed or referred to, are a
full and correct exhibit of all the assets,
liabilities, income and disbursements. and
Of the condition and affairs Of the said
company on the said %thirty-frst day OF
December last, and for the year ending on
that day: according to the best Of thet,
Information. knowledge and belief re-
c. DoREIUs.
c. HpY EGss'as"''
Subscribed and sworn to before me, thi,
4t 3ss aay of February; c 4: 2. K hss$i
Notary Public, Richmond Co..
STATE OF SOUTH DAKOTA.
Insurance Department.
surance IF the State of South Dakota, d.
hereby certify that the above is a tru'
copy Of the original Statement now OF
file at this office.
J In witness whereof, I have hereuntt
t set my hand and affixed the seal of thi,
Office at Pierre. this 13th day OF Febru'
ar 5sea 1893 H. c. sHoBrR.
=. Commissioner OF Insurance.
, THE STATE OF SOUTH DAKOTA.
Department of Insurance.
> Gomrany's Csrtifoate Of Authority:
Company, q corporation organized un
. der the laws Of New York, has hlet
I in this eMca q sworn statement, exhtb
= ting its condition and business for tn
year ending December 81. 1902, conforma
BILE to the requirements Of the laws o
' this state regulating the business of in
: surance: ana -.
in this ONCE q duly certified copy of 1t
charter. with certificate Of organization
3 IN compiianes with the requirements o
{ Now. Therefore. l, II. c: shober, Com
a missioner, of Insurance of the State Q
e South 81 .a'd p ia%.' Do Ru5 s.repy to eer rhf pf tSat n
above named company is fully empow
cred, through Its authorized agents. t
transact its appropriate business o
Life Insurance in this state, &C
oording to the laws thereof, until tn
thirty-hrst day OF December, A. D. 1903.
In testimony whereof. | have hereunt
set my hand and seal at Pierre, this lit
e day of February, A. D. 1903.
lseai.) H. c. sHoBER,
Commissioner of Insurance.
]. ~. Kuhn. State Agent, Mitchell, S. Z