Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1904-05-26
ANNUAL sTATEsaENrS
For the year ending December 81, a. b
Il 1908, OF the condition of the 9ss EE
. AMERICAN RONOlNG COMPANY

OF Baltimore. Organized under the
OF the State of Maryland, made Il
Insurance. Commissioner of the Ste
South Dakota pursuant to the slal
Vice President. Chas "A. webb. S
tary, Samuel H. Shriver. Incorpo
April s., 1894, Commenced bus
January Is, 1895. Principal
Equitable building, Baltimore, Mo
i. CAPITAL STOCK.
paid UP in cash ........e $1,000,
Amount of net ledger as
sets, December 31st Of pre-
II, INCOME DURING 81. b il; YEAR I,Sgs
81, last year 4, ~. s. ]. -. slo5.
Gross premiums on risks
written and rendered dur
Ing year NEUTRALITY-SUSPICIOUS.. 726,
Total 6. ...,..... ......,. $685..
Deduct gross premiums in
course of collection at this 55s
GATE .................. Jog,
Total .,..s.. 1882.
course of collectioh at this
GATE ~. 80. .......... 1O6,
Entire premiums collected
during the year. ...... $725.
Deduct reinsurance, abata-
ment, rebate and return
premiums ......,.s......... %,
for premiums Carried oaS ses2,
Total interest and rents. $50,
Income from all other
| sources, viz: - vi
| Trust income ....,.......... So,
Collateral deposits ......... 126,
Total income s. , 81. ss45,
III. DISBURSEMENT DURING
Gross amount paid for
losses 1916.
Deduct reinsurance and
salvageS s.,...... .....S...s.. lt4.
Net paid policyholders. s271,
To stockholders for interest
on dividends -. ~. 50.
Inspections ....sa..s.s.s.. s...... I. E5 M y,
Salaries. travelling and all
expenses OF agents and
agencies not on commis-
| sion account 80. g,5.s.,. AZ,
Salaries and all other COM
pensatisn of officers and
home Office employees. 65,
| Commissions and broker
Rent, repairs and expenses 5,
| Legal expenses and taxes. 40.
| Furniture, fixtures and
loss on maturity of ledger
! assets ..,..,.s..s.i.s l5l,
1 Advertising. express, gem
eral printing, stationery
and postage ........ 8 e,
4 All other items ...g.......... 70,
Total disbursements $500. 1866.
| w ASSETS.
| AS per ledger accounts
! shown by books Mt home
/ office December 31st.
Book value of real estate. $72,
\ Loans on mortgage on real
estate .s.s..s. 4i4 4 o.,
4 Loans secured by pledge Of
/ bonds, stocks or other mar-
lsetable cellaterals ..... $50,
Book value OF bonds and
4 stocks owned absolutely,
/ excluding interest ...3.,... 1,340,
i Cash in companyS Office,... 10.
leash deposited in banks.... 27I,
Bills receivable; secured. 131,
| Non-ledger assets:
/ Interest due and accrued on
mortgages y,
Interest accrued. on bonds
4 and stocks II,
/ Interest accrued on collat-
4 eral loans =,
4 Interest due and ACCRUED on
Cross pessr premiums nsadsn in I I. course
! of collection lOo,
4 Gross assets ....... 49,. So, 1876
Deduct assets not admit
BOOK value Of ledger assets
\ over market value: Bonds
Il and stocks ~
Total admitted assets, s2,142
80 v. LIABILITIES.
/ Known or reported, proofs y,
/ Gross premiums upon all
4 unexpired claims, running
i one year or less from date ~
| of policy. ~ .ooo%
/ commissions and brokerage
4 due agents -. ~
| Reinsurance .......{.t....... u.
/ Other liabilities ..a..l....... as5
Total liabilities .... s1,ooo
'g np in cas- cash ....,... -. 80 $1,000
4 Surplus beyond capital and
VI. EXHIBIT OF FREMIUN Ms
Premiums outstanding at II.
4 the date of preceding ..on
4 statement ...4...,i. ..s.......i.s. 9oVi'
W statement 1875
Il s5 @ 5lE5sSGj 1a5if5a isat III .4tl ~
Total 81 1920
DI ins he year r., GAO
Rairesured during the year. Is.
i BUSINESS IN THE STATE OF ~
DAKOTA DURING THE YEAR
] Gross nren,iums or risks
written or renewed .......
Losses paid .{..i..i.5.5... 1850. !
Losses incurred .........s.... !
The State OF South Dako
4 ,.t n, IF Iy1c11ra