The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1904-02-24

EQUITABLE ACCIDENT coMPANY-Home
office, Boston. Mass. Albert 9. Smith, Presi-
January, 1882 Attorney to accept service in
Minnesota: Insurance Commissioners.
INCOME DURING 1903.
Membership fees with applications SIS. 1920
Annual dues and expense assess
ments or premiums ......... SO,S26.7l
Premiums assessments for spe-
BENEFITS ................ bs.4o5. SO
Total paid by members.. SOL, 124. 90
From all other sources .......... zoos. Is
Total income ............... s1o3, 1916
DISBURSEMENTS DURING 1908.
installments, paid :.......... $7,s91.o7
Temporary disability benefits and
other payments to Members. 1855
Total paid to members go. s47,1e74s
Commissions, salaries and expenses
Of agents and collectors. D,92O. 80
Salaries Of officers and employees l,64l.79
ALI other disbursements. .......... ILL., O.G3
Total disbursements ........ SOL, 2so "a
Excess Of income over dtsburse-
ments ..........; .ssi,;;s II 4l'AN
a stocks 81 owned vna .a.e' s az. o115oc
Mortgage and collateral ioans.... 12,Soo.o0
Cash in office and in bank. 81, Al %
Accrued interest and rents...... S4S A
Total admitted assets $50. $e4, 2O4. SO
LIABILITIES.
Claims unadjusted and reported :. $500
Claims resisted ........:.:;..; lo,S2oOo
Advance assessments and dividend
All lot other e,o liabilities (not includ-
ing contingent claims 2,O432o
Total actual liabilities ....... s12sss % p
HxHSrr OF B 6SHH5S5a II $685. or POLICIES,
Total Business
Number Amount.
Tn force Dec ri (hapinninp
Written saAi during the Sos4 i4os,o7S
Total ................... 8, 145 SIT, 154, 225
Ceased during the year....... 1882 2,22s,s75
In force Dec. 81 lend of Year, 1918 s14 e25, $50
Claims unpaid Dec. 81 (begin-
ming of year) .............. 81 1910
Claims incurred during the
year NEUTRALITY-SUSPICIOUS.. 114S As, 552
Claims 'Ai settled during the - 1'-O-
year ...................... Lilo 51,s62
Unpaid Dec. 81 (end of year,. 81 $1,000
Terminated by death or spe-
ctdc benefit during year. 1890
Business in Minnesota.
Number. Amount
of year, .................. 100 $685. 200
Written during the year ...... q 40 $50
Total ................... I'll se75,65O
In force Dec. 81 lend of year, IT'S SGT 27J
Claims unpaid Dec. 81 (begin-
ming of yearl ............. 8 All
Claims incurred during the
year II 1SA
Total ................... 20 s1,255
Claims settled during the
year ID lot
Unpaid Dec 81 lend of year, Unknown
Received from members in Minnesota
during the year ....................$2, $50 .0C
STATE OF MINNESOTA,
Department Of Insurance.
Whereas. The Equitable Accident Company q
corporation organized under the laws Of Massa
chusetts. has fully compiled with the require.
ments Of the laws of this state relating to Co
operative assessment insurance.
Now, therefore, I. the undersigned Insurance
Commissioner, do hereby empower and authorize
the above-named society to transact its appropri
ate business of cooperative assessment acct
dent insurance in the state of Minnesota, accord
ing to the laws thereof, until the thirty-frst day
of January. A.. D. 1908. unless said authority be
revoked or otherwise legally termina ted prior
thereto
In testimony whereof. have hereunto set my
this 3Oth day Of January, a. b. 1904.
ELMER II. DEARTH,
Insurance Commissioner.