Devils Lake inter-ocean. (Devils Lake, Ramsey Co., Dakota [N.D.]) 1884-1905, 1903-09-11

OF the condition and affairs of the Manhat
tan Lite Insurance Company of New York. or
ganized'under thetLaws of the state of New
York, made to the Commissioner of Insurance
Of the State of North Dakota, in pursuance OF
| the Law of said State.
President Henry B. Stokes
Vice President j. l.. Hnlsey
Secretary !; H. Gitin
Principal Office 64-7o Broadway, New Yolk
New York.
Attorney for service in the state of Mort
Dakota:
Name. Commissioner of Insurance
Location ACKNOWLEDGEMENTS. ...... Bismarck, n. ID.
Organized 1850
CAPITAL.
Amount of capital stock paid up
in 5 1CO,UO.OO
ASSETS.
Value of real estate owned by
the comp any 80. ....-""........ 1861, 2S3 Il
Leans secured on Deeds of Trust
or mortgages on Real Estate. 81. 1862 10 90
Loan secured by collaterals "...... 1874. O24 o.
Premium Notes and Loans....... 1892 POI -
United Stares Stocks and Bonds. 12G, 1877 so
State City, County and other.
Railroad 2,439,312 30
Cash on hand and in bank...... 1866 %
Interest due and accrned."..... 1l0,i27 -
Rents due and accrned"-."...... $685. 40
Net amonnt Of deferred and out
Standing Premiums ....... 25f, 661 o.
Committed Commissioners. 1H,S54 AZ
Agents Balances ........,.... -. 2G,5S9 OF
Unadmitted Assets: Commn'cd
Corn1ni sinns ....."..... =. ..1 r9,Sj4 AZ
Agents Balances 2f.5s9. OF Less
since paid off 800: less secured
1900 HISS OF IL
Gross Observation-Disclosures. s17,4m 1870 70
'"''' 'n""'1 TotaI A Azssts admitted 17, ?7s,542 e e
LIABILITIES. E
Poljry claims due and unpaid 1912 %
Du" on unpaid Annuities $50 IS
1877 46
Policy claims in process of adjust
mcnt. or adjusted and not due $3.50 90
Policies claims resisted by tn"
rS r",P PPa n1icv cl,im. 0"'vW s1,42s 4s
Net resent value of all outstanding
An. u 3H and per cent. '.," 15,27l.77a co
Dividends due and unpaid 80" D.77S %
Fund 70 provide for any dcrrccia-
Premiums paid in advance ~.-... "a. 237 *
Liability on lapsed policies ....... 6,717 co
Amount of all other liabilities .... 1921 1f
Total Liabilities .... ,....... 1j,516,s56 o.
INCOME.
New Premiums ....,......... 'W w ~
Renewal Premiums. 49,. ! 1873 81
Total........2, 275, 1862 Sc
Deduct Premiums paid
for re insurance. .:.... 2O,s9t 81
Total premium income...". 2,254, PCS 81 !
Interest and Dividends received 566.757 50
" wal 10 |
Income from all other sources. 1924 90
Total Income....~..... ?,126,519 80
EXPENDITURES
Paid for losses and additions.... 11.579,9j X8
Paid in naturede ndowments and
Additions ....... PSI l 81
Paid to Annuitants 1884 -
for Surrendered Policies..... -. 49, 1928 90
Cash surrender values applied in pay
ment Of premiums and to purchase
paid up insurance and Annnities 49,. 1854 a
Dividends paid to policy bolders...... .51,3&4 So
paid to StockhOlders ...."""16,OO0 90
Cash paid during the year for Commits
sions and Salaries Medical and Elk.
.miners fees. Inspections OF risks tic 622,399 "a
paid during the year"."-...... 74.1H 80
paid during the year,.-:....- 1870 90
Cash paid for advertising. printing
and Stationery. and postage.:.--"- 32,1O G6
Repairs and expenses on Real Estate,
(other than Taxes) 49,. ......... u 19 II
Amount Of all other cash ExpendituresA. 099 ss
Total Expenditures .....2.6sS 1871 IA
MISCELLANEOUS.
number of Policies
in North Dakota
Turing the year los $135,JO
Total Risks taken during the year in ]