The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-09-16

NORTHUMBERLAND NATIONAL, LIFE INsUR.
ANCE COMPANY Principal office, Minneapo-
tel President Fred J. sackett, Secretary. At.
torney to accept service in Minnesota, Insurance
IT, INCOME IN 1908. 49,
First years premiums ......... 1872 45a. 90 90
Dividends and surrender values ap- ~.
piled to purchase paid-up insur- ..rc.
ance and annu1ties .............. 7,447.S3
Total premium income :. ..... 81, O94, 395.13
tents and interest ............'.. ds9' zaa'aa
Total income, y. -; :. :. .ss2 ss7, 80
Death claims and matured endow-
Annuities and premium notes void;
Surrender Values to poitcyholders ss,12ss4
Dividends to policyholders ........ i2,4o7.e5 r
Total paid policyholders ...... $500, 111:so
OF agencies .:...:.... ...:...... 441,4a2.o5
examiners fees ................. co. 1880
All other disbursements ..........., 131, 995.l7
Total disbursements ......... 81. 500, s55.o1
Excess Of income over disburse- s,-
'''''' AssETs DEC. 81 1908. A''' - ''
Value Of real estate owned .......-- $56,123.t3
Mortgage loans La, DOC. 0e
Premium n notes uS and policy loans j., 27ss as72
Bonds and stocks owned .........: us 661 %
Cash in office and in bank ........ 124 OT.92
Accrued interest," and rents ........ 4S,3B7.74
Deferred. and unpaid premiums $50. 27o995,20
Total admitted assets ......, So, 1ss, esa. AZ
LIABILITIES DEC. 81. 1908:
Net value OF outstanding policies. 81, 552, 168l7
Present value: on supplementary con-
tracts and cancelled policies -. 13,a951o
Claims adjusted and not due, and
unadjusted and reported ..s..:. 90, 99.49
Claims Claims; resisted .-.'.'..,..s...... l7,3se 20
Bills payable, not. due .........,.. 1O0,O00eO
Total liabilities on policyhold-
ers account 1900 $500. 81, SSS, 1850
SxH1b1T OF PoIfcins. 1908 BUSINESS
Policies in force at begin
ming of the year. ........ 26,485 $50, 700, 56S
Policies in force at close of
the year ............ e44,110 80, 1853
Issued su I't revived and increased e' &'0'
during the year .......... 26,2A 1853, 1914
Total terminated during the
year ::.....:.......::.... 1897 12,els,s s1
By expiration .t............ 262 445;50o
By surrender .............. AL 1902
BY lapse -. .............. 1878 1861 3S4
0sS BUSINESS IS; IN IN 1903 -
81 49, 4 Number. Amount.
Policies in force at beginning
Issued Id during the year -. sosl i5es,sss
Ceased to be in force dur
IN f force nI Dec. 81 last ss4E Sol
| Losses and claims incurred
| during the year Oh 1855
Losses and claims settled DUR
ing the year. ............. "a SS $50
| Losses and claims unpaid
Received for premiums ............ 14o,sso.s4
STATE OF MINNESOTA,
Department of Insurance.
| Whereas, the Northwestern National Life In
surance company, corporation. organized under
the laws of Minnesota. has fully complied with
the provisions of the laws of this state relative
| to the admission and authorization of insurance
companies Of It's class. 80
! Now, therefore, 1, the undersigned, Insurance
Commissioner, do hereby empower and authorize
the said aboye-named company to transact Its
State of Minnesota, according to the laws there
! of, until the 31st day of January A. D. 1905,
i legally terminated prior thereto.
In testimony whereof, have hereunto set my
| hand and affixed my official seal at ST Paul,
! this 31st day of January, A. D. 1904
| @ ELMER H. DEARTH,
1 Insurance Commits sioner.