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

'ANf1CAL STATEMENT
'9 ro the year ending December 81, A. D..
l"Vt, or the condition and affairs of the
CITIZENS INSURANCE COM
PANY
u missouri, organized under the laws
81 the. state of Missouri, made to the
Commissioners of Insurance of the State
% SCUM Dakota, in pursuance of the
laws OF said state. Attorneys for serv-
Ice or process in the State of South Da-
kota Information furnished by Commits
sloher OF lnsurance.) Organized or in
corporated mot given. Commenced bust
ness tnot given).
CAPITAL.
capital stock actually paid in
IiSn S2tO, 600. 90
PROPERTY OR ASSETS OF THE CON-
PANY.
Cash value of real estate. $4,S77n
Cash in office ........ 115 %
Cash on deposit ............ 49, AZ
Premiums in course of COL
Loans on mortgages (Arst
Stocks and bonds owned by
the company ............... 2G3.0anm
interest que and accrued. 5,9770O
Total assets ................ $726,Ol7.59
LIABILITIES.
Capital stock actually paid in
cash 5000
AoSses yet unpaid .......... 31.A7.34
Losses resisted .............. l.7ln7S
Amount of unearned premi-
ums on all outstanding risks o53 900 90
Total liabilities ............. S493, 525.1 u
INCOME OF THE COMPANY DURING
THE YEAR.
Iotal premiums for the year. 50, 124. GAG. 40
interest receipts ............. 25.023.53
Total receipts s. 49. 659.93
EXPENDITURES OF THE COMPANY
DURING THE YEAR.
Losses paid ..:.............. $3@5 no2.a3
Commissions paid to agents. S5,575N5
salaries paid to officers and
Return premiums and cancel ~
%lations 1.652, 1922
departments ....:.......... 10, 7os.9
Printing and advertising. ... 2.O5o. 90
other expenditures ........... 35,36l 81
Total expenditures ......... 81. lG6, 4l5.55
RISKS.
Risks outstanding at the
date of preceding state
ment .$l43, 81, $4,000
ing statement ............ AS, 4s1 ,22S.O0
Iotal risks ..........:.. $500, 29G, 7!64. co
Risks Cancelled. and expired
during the year.......... 12G. O15,0lO.OO
$1GG, 2sl, 75l.OO
Risks reinsured during the
year lbs, sSS, G51. 90
Net amount of risks in
force ................. $3I ,:Ji, 1913. 0O
CCMPANY'S STATEMENT or BuSI-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Premiums on risks written... s.. 1927
Amount of risks written...;.. 244,1oO,oo
Losses incurred during the
year 102. st
Losses paid during the year. 7G7.5
TIE STATE OF SOUTH DAKOTA.
Department of Insurance.
Conlpany'S Certificate of Authority.
Whereas, TIL Citizens Insurance Com
pany, Il corporation organized under the
laws OF Missouri. has filed in this Of
nee a sworn statement exhibiting its con-
dition and business for the wear ending
December II, 1904, c~onfornlablc to the re-
agreements of the laws of this state reg
ulating the business of insurance.; and
Whereas, The said company has filed in
this Office II duly certified copy of it's
in compliance with the rcquircments Of
the insurance law aforesaid;
Now. Therefore, l. John C. Perkins,
commissions 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 it's authorized agents
to transact its appropriate business Of
Fire ana Tornado Insurance in this state,
according to the laws thereof. until the
3lst day Of December, a. ID. 1909.
In Testimony Whereof. | have hercunto
set my hand and official seal at Pierre,
this LIST day of February, A. D.. 1905.
(Seal) JOHN {. PERKINS.
commissioner of Insurance.,
BY Emanuel Hcndrihsen. Chief Clerk.