The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1905-07-14
CAPITAL.
Amount OF capital stock actu-

commenced business, August /, 1SOS.
CAPITAL.
Amount OF capital stock uctu-
ally paid In h:.......... 81. 900. 100000
ASSETS OF THE COMPANY.
Cost OF real estate. ........... 1881 .S54.s8
Cash in office 1Vo.3ol.3S
Cash on depo. t in bank...... 15i, 5OU.5 ~
Bills receivable and ledger
balances 1,s3G.64
owned by company. ......... 2,17O,44G.S6
Lunns secuted by first mort
gage on real estate. ......... 1902, $50
Lnhns secured by pledges Of
bonds. stocks, etc. .......... SO, 100000
Market value of bonds and
stocks over cost............. 3OS, S36.sO
notes ON policies in
force 1O.s44.92
crled 29,GlO.S0
All other securities. .......... 225.W0.06
Loans 10 policy holders on
Il is cunipanH'S policies as
signed as Collateral. ....... 142 21S.OO
Market value of real estate
over COS, 73.214.26
Total assets SO. 24G, sG3.4S
Net reserve 81, SIS, o93.61
Present value of amounts not
yet due on matured INSTALL
mcnt policies ............... 3l.?31.m
Commissions due agents...... 49o. SO
Total policy claims Ii, 1890
Premiums paid in advance. 5l,2I3.79
Amount Of all other existing
claiius against the company. 100000
Total liabilities 81, o42. 43o.ss
iNcoME Di'URiiNiG THE YEAR.
Premium income ............$ 81. 800. i2R.9S
interest and rents. ........... 213, 7SO.07
Amount received from all 9TH
or sources ................. G4.4467G
Total income. IS 81 ,nGS. GaS.s1
EXPENDITURES DURING HI YEAR
Paid to unnuitants. ......... S1,+JS.43
Paid for losses and matured
endowments .,............. 345.171.ss
Agency supervision. travelling
expenses. etc .....:.....:.. 16.65o.sO
ers ......................... 1.724.4l
inspections ................ oO.5o5.a
aries paid to agents and
agency allowances .......... 474.s $1,000
Paid To officers and home Of
flee employees for salaries
and other peruuisites...... 100, 744.94
Paid for committing renewal
commissions taxes. rents.
advertising and department
Amount, Of ali OTHER payments ''"
and expenditures ...:....... g. .1O1.4a
notes voided by
Surrender values and amounts
returned to policy holders. $40. 04O.: IS
Total expenditures ......... 81 .asa. 600 s.
STATEMENT or BUSI-t
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Whole amount OF premiums
received In or from the State
Of S"uth Dakota during the
Amount paid for losses in
South Dakota during year. 1.s56.1o
TIE STATE OF SOUTH DAKOTA.
Department of Insurance.
Co~mpanya Certificate of Authority.
Whereas. the National Life Insurance
Company of the United States of Ameri-
CO. 81 corporation organized under an act
sworn statement exhibiting its condition
md business for the year ending Decem-
her 81. 1909. confurmable to the require
n,ents OF the laws OF This State. regulat-
iES the business of insurance: and
whereas. The said Company has filed In
this office u duly certified copy OF its char
ter. with certificate OF organization. in
compliance with the requirements of the
law agniesaid:
Now. therefore. ], John c.. Perkins,
Commissioner OF Insurance OF the State of
of said laws. do hereby certify that the
above named Company is fully empow-
cred through Its authorized agents TO
transact Its appropriate business of Life
In this State. according to the
thereof. until the 3lst day of Decem-
Der. A, ID. 1905.
In testimony whereof l have hereunto
set my hand and official seal al Pierre,
his 3Td day OF March 4; 2; l995;
Commissioner OF Insurance.