The Cooperstown courier. (Cooperstown, Griggs Co., N.D.) 1902-1913, 1905-05-25
ABSTRACT OF STATEMENT.

For The wear ending December 81. \. ~ ls,i.
of the condition and affairs of the New YORK
life Insurance Co.. Of New York: ofSaiiiNu
under the laws of The state oil New orr
made 10 the commissioner OF Insurance
OF Il,,. state OF North Dakota in pursuance" '
the laws Of said state.
President. John A. Mccall.
Vire-PreSidemt. Geo. w. Perkins.
Darwin +: kingsley.
Thos. A. Burkner.
Secretaries John c. Mccall.
Seymour NJ. Ballard.
Treasurer. Edmund ID. Randolph.
ri Nice-i'res.. Rufus ": Weeks;
Nm. +. Engersoll.
Edward X. rcrknd.
Actu:ries Arthur X. Grow.
Arthur Hunter.
Adolpl Davidson.
Principal office: BAG Roadway New ork'
NJ
ATTORNEY for service of pio'ess i'm the
state of North Dakota:
name. Insurance Commissioner.
Location. Bismarck n. d.
Organized or incorporated ISL.
Commenced business 1913.
Assets.
y.,ue OF real estate owned bycom
i's'"s."o' ""
Loans secured by deeds OF trust or ~ az M
mortgages on real estate :'o:,'. w., y" n
Loans secured by collateral , :,,, ,, ~
PREM ium notes and loans .:".lM'o:'' o.
United states Bonds ,,- c,, o., %
bonds Railroad Bonds. .....) . a., ~,
Cash ON hand and in bank ....... l..nt .u ,, 3 ~.
Interest due and accruedi...... s.4.,SIs -. -.
Rents due and accrued ":''"' :"
Net amount OF deferred outStand- o., ,o- ..
ing premiums .............'.... o'o'-'''' "
Total assets ..................s o'''oo''oo 81
liabilities.
Policy claims in pro-
gress of payment. lWG.Sl" W
Policy claims whichhlve
been reported and no
proofs received. 2.sO3.s3. Is
Policy claims resStedby
i Total policy claims " .,....... s.::'4.4't Gs
Net present value II all
outstanding policies
paid for and additions
in force on the 3lst day
OF December. 1901. as
computed 10y the insur
ance department OF the
state OF New York on
the actuaries and Amer
lean table of mortality
with and per cent
interest as follows:
uPolicies known as the
policies and all poll
| cies issued since Dec
ember. 1900. being val
ued US per the Amerl-
| can experience table
| of mortality with 3Wr
| cent interest and all
| other policies being
| valued as per the COM
( bIned experience table
of mortality with per ,o. IN, ,.o M
cent interest ...... ''',, 80, 80 ~.
Dividends due and unpaid "'""'' VI
| Prem iums paid III .ad-
| vance including sur
rendervalues sOApplted s'1.'G 4'
| Interest paid in advance .o .,, a, .,. 10, a,
policy loans 'o>.s' y w oa' w., m1 ~, ~.
Other liabilities '.oi'''"' w
Additional reserve on
| policies which the com
| pany voluntarily sets
| aside in excess OF the
states requirements d.ssoo"3 w
i Reserve TO provlde diNi-
| dendS payable 70 polt-
CIV holders in ~ 5 ana
| Thereafter. us the per-
| iOdSmature:
To holders OF 20 year
period policies and oso ~ cr
To i0n lIsiders Of is year i:'' "
period policies o13'.@ 46
To holders Of 10 year per coo r.
| iOd policies. 3'4.o"" ."
To holders of s year per
iOd policies .......:.:: :Sohs;i' -
To holders OF annual di
vidends policies. ~. aS.9o' w
| Reserves to provide Tor
all other contingent
| 4TOtal additional reserves ...... 41.sS l39 3;
Tot., liabilities. ...... $3.50. 600 .tiO 3
+Does not include ST. s47.3777.s excess of mar
|Nlet value of bonds owned over COST
Income.
New premiums16 lai4l9 Z.
Renewal premiums ...Gi.6 6O1i u
Total $50 IL. 493 ~
Deduct premiums paid
| for reinsurance. @l3.!l3 =: -
| Total premiums income St.3a6.o.i II
| Interest received ............ 14.:44.2Ei -
| Rents RECEIVED g4,i1::.... q:
Income from all other sources 1.o+26ss Il
Total income . S!N. sgI. u. 3