Reporter and farmer. [volume] (Webster, Day County, Dakota [S.D.]) 188?-1946, 1904-05-19
ANNUAL

ANNUAL STATEMENT
For the year ending December 81. A. u
lyO3, of the condition OF the
CONTINENTAL CASUALTY CO.,
Organized under the laws OF the Stat
o. Indiana, made TO the INSURANCE
COMMISSIONS OF the State of South ia
kota, pursuant TO the laws Of said state
president, g. IA. Bunker. First Vic
President. Franklin II. Head. Secretary
A. smith. Incorporated, November
1877. Commenced bnsiness, ncSc.ahe.
1897. Principal office. Hammond, Ind.
~ CAPITAL STOCK.
Amount OF capital stock
paid up In cash ........... $500, OO0.O
Amount OF net ledger assets.
Dec. S1st of previous year 500, 1907
IL INCoME DURING YEAR.
Net cash actually received
FOR. premiums taccident
and healthy ..........1.... $780, 34 Q
interest on collateral loans IL, 1885
Interest and dividends on
stocks and bonds .....;.. 2,4s7.0
interest upon other debts
due the company ......... 12.356.5C
Total income actually re-
ceiyed during the year,
III. Observation-Disclosures DURING THE
YEAR.
Net paid policyholders...... 1854, 23s. 50
To stockholders for interest
on dividends .............. 10000. OF
Commission TO agents ...... 304, 17S. "a
Salaries. t%ravenh- and all
expenses OF agents and
agencies not on commits
sion account .............. 2ss, 27s.ss
and salaries .............. 7.2ao.ss
pensation OF officers and
home office employees -. 133, ia. Is
Taxes. Insurance, depart
ment fees and licenses. 25,376.7 az
Rent and legal expenses. %, 737. Us
Advertising and general
printing and stationery. 23,0Jo.0 90
AL other items ............. 3l,O3I.04
Total disbursements ...... 81, 7JO, 3l2. "A
Nv. ASSETS.
As per ledger accounts
shown by books at home
ONCE Dec. II:
Loans on mortgage on real
Loans secured by pledge OF
bonds. stocks or other
marketable collaterals -. 173.0O0.0C
BOOK value OF Donds and
stocks owned absolutely. 2o6, $50. 80
Cash in officc.... l,10U.Ol
Cash deposited In banks.... Tl.720.3l
Bills receivable; secured.... 3,733.2 %
Agents debit balances. .... Oh, 1888. "
All other items ............. TAT .S3S. lC
Total sos7. aee.o4
Deduct ledger liabilities. -. 1855 ~
Total net ledger assets.... 1929, 500. q
Other or non-ledger assets:
interest due and accrued on
mortgages ................ D.O39.7i
and stocks ................ 213.5o
eraI loans ................ 1861
collection, to-wit:
Accident and Heaith........ bOO.2OI.S3
Total assets, as per the
books Of the company. s1.441. 4e7. 90
Deduct assets not admit
ted, and for deprecia-
safes ................... $15,s4l.3s
Secured 6a, 1873. SO
Bills receivable ............. 3,733.23
Depreciation from cost of
above ledger assets TO
bring same to market
value lo.VVV.oV
Total admitted assets..... si,344. POS. 10
". NON-LEDGER LIABILITIES.
In process of adjustment. $l3,626-eo
not hlod $500. ..... so.soo.oo
Resisted by company on its -.
own account ............. 15,633.O0
to settlements ............ 100000
Gross premiums upon all
date q policy ......... $40. 1929
Due and accrued for sal
NIttS. -I6Itt ndNtittcAAhs
and other expenses........ 3.h2l.lo
|
Total amount OF all liabili-
ties, except capital .
stock ........... ~.... $Sl4 ~
yoint stock capital actually
paid up in cash .......... $3OO,OOO.OO
Surplus beyond capital and
other liabilities .r.. 1lS,S0S.Al
vi. RISKS.
Risks outstanding at the
date of preceding state-
ment $oS'SoS'ooo.VV
Risks written since preced-
ing statement ............, 10, ll4,o24.OO
--------~--
Total risks .......... /. .s179. 4s4. 1890
Risks Cancelled and expired
during the year ......... 94,610.620.O0
Risks reinsured during the 80
BUSINESS IN THE STATE OF SOUTH
DAKOTA DURING THE YEAR in03,
Risks written ............ SECS, 711.00
Premiums received ........ 4,l2S.6I
Losses paid ...... 2,331.06
Losses incurred ........... 2.429.06
The State OF South Dakota
Department OF Insurance.