The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-05-10

LIFE INSURANCE COMPANY
Principal office, New York City,. organized
Gitris: secretary. ATTORNEY to accept service
in inne esoa 900 Insurance Commissioner Cash
a. 9i''' INCOME IN 1904.
First years premiums. S495, I14.S9
Pvdends and suprerdef values
piled to purchase paid-up insur-
ance and annufties 27,154.S0
Total premium ipcon e........ $3.50, O61.78
Rents and interest. ............ 913, 157.90
rr sssss 4, oiss: 7 s.ss9.Is
Total INCOME s. 557 1852
Death claims and matured endow-
Ann rdtS and premiums notes. ''0''
Surrender values to- poiicyholders ss$1os.m
Dividends to policyholders. $3.50. 4,92636
Total paid policyholders. $1,s44,55s73
Dividends to stockholders. 100000
Commissions. salaries and expenses
salaries gene of officers EMPLOYEES 'f'''o''So
and examiners fees. 15o,639.T
All other disbursements. 342, S43.50
Total disbursements ......... s2,ses, oos.se
Excess of income over disburse-
Value of real estate owned 80. ~. s5.s74,e25.oo
M9rtgage loans ................ o'lz9'S 14oe
Premium notes S and policy loans 1915, $500
| Cash in office and in bank. 4o5,012.46
Bills receivable and agents bal
Accrued interest and rents. " 1el494.ss
Deferred and unpaid premiums. 1so. 463.ll
Total admitted assets. SIS sse.al
Assets n T}A fdTt;n S1 PzS so7 81 o. 1904
Net value Of outstanding policies SIG, 2es 10000
oiSs sss s sPf u saaSssd Pss: sszs s
unad,usted '' and reported ted .' 4s,1es.oo
Premiums paid in advance. 27,osS.71
Dividends due policyholders. 19,794.54
To provide for possible deprecia- 80 40 %
All '' other liabilities io,777.1s
Total liabilities on policyhold-
Gross divisible surplus ......... 1,seo,1s4.1 Is
| Capital stock paid up. ........ 100000
| ~. Number. Amount
Policies in force at be-
| ginning Of the year.. Bliss $69s09, HOO
Of the year ....:....:.. 1881 72,eo5,s71.oo
Net increase ..... 2,o3a s2,7se ,754 90
e creased during the year 5.47o 1903 s4s.oo
p, liz s.ys ssr a4sz z 1874 IA 5 sssS
B 4y deatn 41S a9s s 90
} BY expiration ........... 26 229, e66O 90
3 surrender laPss ::::: 3 g
- BUSINESS IN MINNESOTA IN 1904;
Number. Amount.
Policies in force at be-
ginning of the year.. COZ 81, PSI, 9e1. 90
Issued during the year.. $50 254,O7I.OO
Ceased to be in force dur
| ing the year % l96,o4o.uu
| In force Dec. 81 last.... 666 1315,493.OO
+ Losses and claims incurred during
Losses sHe 's and claims settled during
, the year !o,StS.O
j Received for premiums 44,6lS.u
= STATE OF MINNESOTA,
Department of Insurance
: Whereas the Manhattan Life Insurance Com
I pany, corporation organized under the laws
e of New York. has fully complied with the pro
| visions of the laws Of this state relative to
| the admission and authorization of Insurance.
| companies of its class,
| Now therefore, l. the undersigned Insurance
;, Commissioner, do hereby empower and authorize
e the said above named company to transact Its
= appropriate business of life insurance in the
State of Minnesota, according to the laws there
J. Of, until the thirty first day Of January, A. d.
= | wise legally terminated prior thereto.
In testimony whereof, l have hereunto set
: my hand and affixed my official seal at st.
"a Paul. this 3lst day of January. A. D. 1905.
n THOMAS D. O'BRIEN.
mi