The herald-advance. (Milbank, S.D.) 1890-1922, 1905-05-12

unto set my hand and official seal at
Pierre, this 18th day of February. A. d.
1905.
tSeal) JOHN c. PERKINS.
Commissioner OF Insurance.
ANNUAL STATEMENT
For the year ending December 81, A. D.
1904. OF the condition and affairs Of the
UNION CENTRAL LIFE INSUR-
ANCE COMPANY,
organized under the laws of the State
of Ohio. made to the Commissioner Of
in pursuance of the laws of said state.
President, John M Pattison; Vice Pres
ident, r. S. Rust; Secretary, e. P. Mar
shall Principal office. 353 w. Fourth
street, Cincinnati. Ohio Incorporated
1867. Commenced business 1867
CAPITAL
Amount of capital stock actu-
ally paid in cash .......... S1O0,JoOOO
ASSETS OF THE COMPANY
Cost of real estate. ........... S5J5, 1;3 IA
Bills receivable. and agents
balances ........... 167 Go5s4
Cash on deposit in bank. 137. .291 SIS
Cost of bonds owned by COM
pany ..................... 100000
Loans secured by first mort
gage on real estate ...... 81, 442. $50. %
Market value of bonds and
stocks over cost ............ $500
premium notes on policies in
force ...................... 1.574, ,o65. -
JncOllected and deferred pre-
miums neD .............. 619.24912
Interest and rents due and
crued ,................,..... 1.44l $50. ~
Loans to policy holders on
this company's policies
signed as collateral ........ 3954.16oo2
Market value of real estate
over cost .................. 44,32s23
S43 947. 2557
Deduct agents credit bal
ances Observation-Disclosures. lo,794G2
S43,9,6. 4G1 o9
Deduct sets not admitted.
Agents debit balances bills
receivable, reductions of
real estate ................. 223 123.17
Total assets ............... .S43, 713 337 %
LIABILITIES
Net reserve ...... ........... $685. ,oo4 955 GO
Present value of amounts
not yet due on matured in
stallment policies ,........ 256 1900
| Total policy claims ....... 131 2SS. .7S
Amount Of dividends unpaid 2l 72S 3S
Amount of all other existing
claims against the compa-
ny ........................ $40. 4S7 46
| Total liabilities ....... S36' 2556o
SurpinS ....................,. 6,oip p.OS2 30
INCOME DURING THE YEAR
Premiums income ..... ST AGA S54 63
interest discount and rents
received ...:...,. ,......... 2,362 $3.50
| Amount received from all
other sources ............ 124 $4,000
| Total income .............. SO 911 $40 T.;
EXPENDITURES DURING THE YEAR.
| frefnlum notes, voided ..... S2}9, 711.74
Net paid for losses and ma
tured endowments ..... o.1s4.7l25o
I 6ala ahnutants .....,....... II. 229.0l
| Dividends paid to policy
holders ................. 5:54 3e;,. 10
Amount to stockholders. 10ooo 90
| Amount of commissions al
| loWances and salaries paid
TO agencies. agents, man
ayers and clerks ........... 1890, GA 81
Amount paid to officers for
salaries and other porquis-
Amount paid for taxes. rents
and department fees ~ 13S 74sO3
Amount of all other pay
mentS and expenditures. 4O3 S63 OF
surrender values ............ 2G' 17745
Mtolcal examiners fees...... 61919. 70
Total expenditures ........ 81, ,07S }G4 81
coMPANY'S STATEMENT OF BrsI-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR
Whole amount Of premiums
received in from the
State of South Dakota dur
ing the year .............. s33.47797
Amount paid for losses in
South Dakota during year. 100000
THE STATE OF SOUTH DAKOTA
Department of Insurance.
company $ Certificate of Authority
Whereas, The Union Central Life In
surance Company. corporation organ
1zed under the laws Of Ohio has filed
IN this office a sworn statement exhibit
Ing its condition and business Tor the
year ending December 81, 1904 conform
able to the requirements OF the laws of
this state, regulating the business of in
surance: and
Whereas. The said company has filed
In this office a duly certified copy of its
charter. with certificate of organization |
in compliance with the requirements of |
the insurance law aforesaid;
Now. Therefore, !, John C. Perkins |
Commissioners of Insurance of the State |
of South Dakota, pursuant to the pro- |
visions Of said laws do hereby certify |
that the above named company is fully |
empowered through its authorized agents |
to transact its appropriate business OF |
Life Insurance in this state, occordng to |
laws thereof. until the 31st day of De- |
cember, A ID. 1905
In Testimony Whereof | have hereunto |
set my hand and official seal at Pierre |
this 9th day of February, A. d 1905
tSeal) JOHN c. PERKINS,
Commissioner of Insurance.
By Emanuel Hendriksen, Chief Clerk.