Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1903-04-09

New York city. Attorney for service of
process in the State OF South Dakota,
information furnished by Commissioners
of Insurance. Organized or incorpora-
ted, 1871. Commenced business, 1915
CAPITAL.
Amount of ledger assets
AssETs OF THE COMPANY. w. "
is NEUTRALITY-SUSPICIOUS.. y, -, s12,ssa. 10000
Ace Is . =" '.', 49, 28,682s2
bank is ...,....1.rs.,..,.. 1.o1s,2749t
first mortgage on real es-
Amount Of loans secured by
pledges of bonds. stocks, .s.,-. ll. =.
Loans made to policy hold
ers. policies assigned as
collateral ................. % 093, 6I3.94
Book value of BOMBS. .... DIS, 423,05l.1S
on policies in force. -. 2,664.475.59
and banks ON interest, -. 21o74,15Oeo
IJncollectihle and deferred
premiums tneO ........... 5.4ALS0s, ss
Amount Of interest due and
Market value of stocks and
bonds over book value. 6,616, 244.2S
Total assets ........ 1922, $40, 800. Oh
LIABILITIES.
Net reserve ................$ 26s, 244, 400. 90
Premiums paid in advance. so ,t ;oa 30
Commissions due agents. 81, 766.3l
Policy claims ............... 2.509, 4T6.97
paid -..................... 1s5.67779
claims against the COM
pany .....,.......s,..... $40 I9I.9l
Additional reserves ........ 50.034. 11S.S6
Total liabilities .......... 1922. SAC. 9O0o3
INCOME DURING THE YEAR.
Amount OF cash premiums
received on new policies. SIS, 5S8, 02l.63
received on renewals. 49,. 49.4el, 922s1
Amount Of interest and
rents received ..... 12,945, 45252
Amount received from all
other sources ..,..........s 1,ll3,O0i.2S
Total income ............ $40, 1OS. 4o1.34
EXPENDITURES DURING THE YEAR.
Amount paid for losses and
matured endowments 49,. $19.0TT, sos. 40
Medical examiners fees,
Amount of dividends paid to
policy holders .............. 4,240,514.90
Surrender values 80. ....,., 1862 h25. 80
Amount or commissions and
agencies 80, 80. 11,5ssoos,1o
auisltes ,..:.......,...e... 1886, 7s5. SO
rents. advertising and de-
partment fees, etc. ,....... 2,S71 ,017.55
Amount of all other pay
ments and expenditures. 1914, $40 %
Total expenditures ....... 1925, sci Al
CoMPANY'S STATEMENT OF BUsI-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR
Whole amount of premiums
received in or from the
State of South Dakota
during the year .,....... $193,239.33
Amount paid for losses in
South Dakota during year. 1851. 40
STATE OF NEW YORK, COUNTY OF
New York-ss
JOHN A. Mccall, President, and Charles
c, Whitney, Secretary Of the New York
Life Insurance Company. being duly
sworn, each for himself deposes and says
that they arc the above described officers
OF the said Company. and that on the
thtrry-first day OF December last, all the
above described assets were the absolute
property Of the said Company free and
clear from any liens and claims thereon,
except as above stated and that the
foregoing statement with the schedules
and explanations herein contained. an
neSed or referred TO, are a full and cor
rect exhibit OF All the assets liabilities
income and disbursements, and Of the
condition and affairs OF the said Company
on the said thirty-drst day Of December
last, and for the year ending on that day
according TO the best Of their informal
ZION. knowledge ana DeIleT. respectively.
JOHN A. M'CALI
President.
CFAs, c. WHITNEY,
Secretary.
Subscribed and sworn to before me this
Bird day of January. A ID. 1908
(Seall n DEL RANDALL,
Notary Public.
STATE OF SOUTH DAKOTA,
Insurance Department
! /. II. G.. Shaher, 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. / have hereunto set
my hand and affixed the seal Of this Of
flee at Pierre, this 2Jth day Of February,
1903
/ (SeaT II. C. SHOBER,
Commissioner of Insurance.
/ THE STATE OF SOUTH DAKOTA,
Department Of Insurance..
Company's Certificate of Authority.
Y. Whereas. The New York Life Insurance
n aI