Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1904-04-21


For the year ending December 81, a. p.
1908, OF the condition and affairs OF the
BANKERS RESERVE LIFE lNSuR-
ANcE COMPANY.
Organized under the laws of the State Of Z
Nebraska made to the Commissioner H
OF Insurance of the State of South Da-s
State. President, Bascom H. Robson.
Vice President, James =. Latta Score
e tary Ray o 6 Wagner; .s prlnsapa. oss
Omaha, Neb. Attorney for service Of
process in the State of South Dakota
dnformation FURNISHED by comission
1887. Commenced business. March
81 1891. ss S
Net or ledger assets Dec.
81, previous year.. 3..s...i $92, 929 AZ 4
!, ASSETS OF THE COMPANY y S., J.
s ssss 81 s ssassss ii bank ssssssss
interest ...:.,......'.'.... e $4,000
by first mortgage on real
Amount of loans loans to policy ls
holders on this company's
policies assigned as coli u i. s|
Amount Of premium notes H
on policies in force. ....... p. 7SA. 70
premiums eneI .......... 5,51oss
accrued OBSERVATION-DISCLOSURES. . 2.4saso =
Furniture and fixtures. -. S13.20
Tota. $50. I. -. s2os.9s0 Is
anees s.i'. ... se.. o 22eao7
saoe.7i1se
Deduct assets not admit
ted and for dapreeiations
Furniture and fixtures. 2l3.2O
Total admitted assets.... sos. 89S. IS
LIABILITIES.
Net reserve ................ Sl6l,7sIiW
ouEplus /. ~. Y. i.10
Total liabilities 4. sos. SOS 4s Il
INCOME DURING THE YEAR.
Amount of premiums res
expense dedrctieas 800. - seoleo.77
Amount OF prcl.. uins re- s8%
pense a d lee '.' - = ,4osss %
Dividends applied by policy
p pDsns : ~ aa'.'As ,ss.s.1s
Amount of interest ana
rents received -, i. 49,. !. 4.955.G7
Amount received from all
other sources; for chang
ing pohcles ...-3..-.s....l.s.s 'U4S
Total .s. i. s24e. aaa.l ~
Deduct amount OF pre-
NUNS for reinsurance. 4.8la IL
s2t4.sloss \.
EXPENDITURES DURING TIE
YEAR.
claims .....,...,....... SIS. 600 90
from other companies for
claims on policies REIN
sufeu ...........t,. z,bUOOW
Net paid for losses. $500 90 3
Surrender values paid in
cash -: s,22o.59 e
to policy holders. 49,. is.54sI5
Medical examiners fees and IL
Inspection of riSSs. 81. n. I. I. .ass3gge 36i3.7S
salaries paid to asents. =. 7s.7oos2 4
Amount paid to officers and
home office employees for
salaries and other perquis-
Salaries and allowances for -z',
agencies. including man vs. Il
ayers agents and clerks. 1. 90
Amoun. paid for taxes.
rents, advertising. dep;trt-
ment fees, committing re-
neWal commissions, promo
ton fund, ETC., 80. =. 49,. Is. 12S67
Amount Of all other pay
ments and expenditures. 0,5S5.T4
Total expenditures s1sass6. II +.
CoMPANY's sTATEMENT or BIFsI-s
OF SOUTH DAKOTA DURING TIE
Whole amount of premiums
State of South Dakota
during che year.. 1870. 5.55 SIG, 323.74 \
Amount paid for losses In
South Dakota during year None
The State of South Dakota
Department or Insurance.
Company's Certificate Of Authority
Z Whereas. The Bankers Reserve Life &
Company, corporation organized I'M
der the laws of Nebraska has filed
in this office a sworn statement ex-
hibiting its condition and business for
the year ending December 81, 1903, con- X
fornable to the requirements sf the laws
Of this State regulating the business OF
insurance.; and,
Whereas, The said Company has flied
III this office a duly certified copy of its
charter. with certificate of organization
in compliance with the requirements of
the insurance law aforesaid !:
Now, therefore, 7, John G.. Perkins,
Commissioner of Insurance Of the State
of South Dakota, pursuant to the proyis- q
ions of said laws do hereby certify that
the above named Company is fully en-
powered. through its authorized agents.
to transact its appropriate business Of
Life Insurance in this State according
to laws thereof. until the 31st day Of De-
cember, a. d. 1901.
In testimony whereof i have hereunto
set my hand and official seal at Pierre.
this 21st day of March, ID. 1904 9is5t.f
(Saal.) JOHN c.. PERKINS,
Commissioner OF Insurance. 5
BY Emanuel Hendriksen Chief Clerk
TI1ETAN NEW YEARS DAY.