The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1905-07-28
CAPITAL.
CAPITAL.
Amount OF capital stock actu-
ally paid In sh......... 81, OOO, 10000

CAPITAL.
Amount Of capital stock actu-
ally R Rssd + oT THE co iiisa.S
Cost OF real estate. .......... 1881. 1854. SO
Cash In office. ........... 1O0. 3O1. 80
Cash IN deposi t in bank...... l5l,500.50
Bills receivable and ledger
balances 1,S36.6a
Cost Of stocks and bonds
owned BY company. ......... 2,17O. 440.80
Loans secured BY first mort
gage on real estate. ......... LOOP. 758. so
Loans secured by pledges OF
bonds. stocks, etc........... 100000
Market value Of bonds and
stocks over cost............. sos. 836.80
Premium notes on policies in
force lO.s44.02
crued 29,64O.so
All other securities. .......... 225, O09. 90
Loans to policy holders on
this company's policies as
signed as coilateral........ 142. 21s.Uo
Market value of real estate
over cost ........,...... 73.214.2e
LIABII.IriES.
Net reserve .:............ SO 1878. 5oa.61
Present value of amounts not
ment policies ............... 31,931o0
Commissions due ngents..... 492.S So
Total policy claims. .......... 77,13J.40
Premiums paid in advance. /. 81 ,2I3.T9
Amount Of all other existing
claims against the company. 100000
Total liabilities 81, Ol2, 43O. So
Surplus Ga. lO1.17
Premium income ...........$ 81. G00, 426.4S
Interest and rents........... 21S,7SO.07
Amount received from all 9TH
err sources G4.44G. 7G
Total ncom 81, 0Gs. G53.s
EXPENDITURES DURING THE YEAR
Paid to annuitants.......... $1,458.43
Paid for losses and matured
endowments ................ 345, III. SO
Agency supervision. travelling
Dividends paid to policy hold. 0''0''''
ers ........................ 1,72l,4l
Commissions. bonuses and sal
aries paid to agents and
agency allowances .......... 474.s1o2o
Paid TO officers and home Of
flee employees for salaries
and other perQuisites. ....... 100, 744.O4
Paid for committing renewal
commissions. taxes. rents.
advertising and department
A rees 81 ali oiher payments os'2z0'oo
and expenditures ..::....... ss. lo1. 43
Premium notes voided by
Surrender values and amounts
returned to policy holders. . 140.O40.5 IS
Total expenditures ......... 81. 2so. 0oo.s4
COMPANIES STATEMENT OF BUSl-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Whole amount OF premiums
received In or from the State
OF South Dakota during the
Amount paid for losses in
South Dakota during year.. 1861
TIE STATE OF SOUTH DAKOTA,
Department Of Insurance..
Company's Certificate Of Authority.
Whereas. the National Life Insurance
Company of the United States of Ameri-
ca. a corporation organized under an act
of Congress. has filed in this office u
sworn statement exhibiting its condition
end business for the year ending Decem-
Der 81. 1904. confornable to the require
ments of the laws OF this State, regulht-
ing the business Of insurance; and
Whereas. The said Company has filed in
this office d duly certified copy OF its char
ter. with certificate of organization, In
compliance with the requirements OF the
Insurance law agnresaid;
Now. therefore. l. John c. Perkins,
Commissioner OF Insurance of the State OF
of said laws. do hereby certify that tho
above named Company Is fully empow-
cred through its authorized agents to
transact its appropriate business OF Life
Insurance in this State, according TO tho
laws thereof. until the S1st day Of Decem-
Der, A D. 1905.
IN testimony whereof I have hereunto
set my hand and official seal at Pierre,
this S,d day of March 4; 2; 1929;
Commissioner Of Insurance.
$50