The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1905-05-12
ANNUAL STATEMENT

ANN OAL
For the year ending December 31st A. D
1904 of the condition and affairs of the
NATIONAL FIRE INSURANCE
COMPANY
of Hartford. organized under the laws
of the State of Cinnecticut, made to
the Commissioner of Insurance Of
the State of South Dakota, in pursuance
Of the laws Of said state. Attorneys for
service of process In the State of South
Dakota information furnished by Com.
missioner of lnsurance) incorporated
June 4. 1869. Commenced business De-
cember l, 1871.
CAPITAL.
Capital stock actually paid in
PRoPERrY Or As;siEEr;ss OF IF THE COM
- PANY.
Book value Of real estate.... 1892, $50. 70
Cash In office ................ 1917
Cash on deposit ............ S23S3 VI
Agents balances ............ O5,I3l.N
Mortgage loans on real es-
BOOK value OF bonds .....: .532 5S2. 10
Total assets SIS. 246 O2;.. 81
Market value of stocks and
bonds over book value. 80. 2729l3s7
Gross assets .$e.51s. 9a9. 20
Deduct assets not admitted;
depreciation OF real estate. "a .91l 4?
Total admitted assets ..... So. 4s3 1881. 10
LIABILITIES
Losses and claims yet unpaid. 1891 ,UA.T1
Amount Of unearned premi-
risks ................... 1881 GG5. 81
Other liabilities .............. 5OOOOOO
$3,sl27UU.2s
Capital paid up in cash. ...... l.WUUO.Oo
Surplus over liabilities. ....... 1.67122T.5O
Total liabilities ....... SO, ABA, 9S7. Is
INCOME OF THE COMPANY DURING
THE YEAR.
Total premiums for the year. .S4, 423 $50 10
Reoeipts from rents, and In
tereSt 2I23Sl.0l
Total receipts .............. 81, G76 G43. 7G
EXPENDITURES OF THE COMPANY
DURING THE YEAR.
Losses paid Observation-Disclosures 81, sos .O14.04
Dividends, or interest paid
stockholders ................ 1G0.WnOO
Commissions paid to agents. s325ll..l
Salaries and fees paid to Of
lirrrs and employees ........ 81, 523.31
Repair and other real estate
expenses ................... 59S3.9l
Taxes, licenses and insurance
departments fees ........... 49, 1904
Loss on sale or maturity of
ledger assets .............. 1OS31I.SS
Other expenditures ........... 80 s'i;'.}2
Total expenditures 81, 7G7 5af2 50
RISKS
Risks outstanding at the
date Of preceding state
ment ....:.......... sG77,1Gl, lo3
Risks written since proceed
ing statement ............ 5G4 Sg7. 4i
Total risks ............... $1.242OG1,5iG
Eisks cancelled and expired
during the year ......... 5;;1 OMf 7l2
$71o9Gl,sGi
Risks relnsured during the
year Observation-Disclosures. 117.3I:3}.9 $50
Net amount OF risks in
lorce ................... SOB 1D,Sii
CoMPANY'S STATEMENT OF BUsI-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
VAR.
Premiums on risks written. S2l.54O2l
Amount OF risks written 80. It'll, 7C2O,,
Losses incurred during the
year ................. G,1I22t
Losses paid during the year. 7.oi5sG
TIE STATE OF SOUTH DAKOTA.
Department Of Insurance
CnmDany's Certificate of Authority.
whereas. The National Fire Insurance
Company. corporation organized under
~, h Laws OF Connecticut. has filed in
ms office sworn statement eX-
limiting It's condition and business for
IN" year ending December 81, 1904, con-
ofmablS 10 the requirements Of the laws
OF this state. regulating the business OF
Insurance: and
Whereas. The said company has filed in
this Office duly certified copy of its
Charter. with certificate Of organization.
In compliance with the requirements of
the insurance law aforesaid
Now. Therefore. l. John c. Perkins.
Commissioner 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
70 transact its appropriate business OF
FIRE and Tornado Insurance In this state.
according to laws thereof, until the 3lst
day OF December. A. d. 1905
In Testimony Whereof, l have hereunto
set my hand and official seal at Pierre
this 3lst day of January, A. D. 1903
(seaL) JOHN c. PERKINS
Commissioner OF Insurance
BY Emanuel Hsndriksen. Chief Clerk.