Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1905-05-11

Cash value OF real estate. .... S576 10000
Cash in office " GAL SO
Cash on deposit ............ 712924O4
Accounts due from agents.. 795, SO4.5O
Loans on mortgages, being the
first lien on real estate worth
at least double the amount
loaned thereon ............. 4S, 10000
Loans on stocks and bonds,
held as collateral security. 72,7OoOO
Stocks and bonds owned by
the company ................ 3, 1888 731 90
Interest due and accrued 80. 16,929.56
Total assets .$s,O07, 1906
LIABILITIES.
Capital stock actually paid in
cash .............:.... 81. 600 10000
Losses yet unpaid ........... 1852, O62 38
Losses resisted .............. 80, 799. 90
Amount of une ,rned premi-
ums on all outstanding risks 3,761, O1o.17
cluded in above ............. 12,566.1O
Total liabilities ,437. 65
INCOME OF THE COMPANY DURING
THE YEAR
Total premiums for the year. 81 III ,OtiS GO
Interest receipts ............. IT,, 1881
Receipts from rents .......... 44953.O
Receipts not included in above 53981.5O
Total receipts .$7,442, $50. SO
EXPENDITURES OF THE COMPANY
DURING THE YEAR.
Losses paid ..................$ SO, 800, 2s2. 10
Dividends paid ............ 100000 90
Commissions paid to agents. 1,2O2, $40. 81
Salaries paid to officers and
employees ................... 413,s71.22
Return premiums. cancela-
tons and reinsurance ...... 1926, 341 %
Taxes and fees to insurance
departments ................ 124,942.7s
Printing and advertising 49,. 82,924.27
Other expenditures .......... 499 462 6S
Total expenditures .S7.O94, 1S4. go
RISKS.
Risks outstanding at the
date OF preceding state
ment ................... $766, 1863, 272.OO
Risks written since pre-
ceding statement ........ 61O,252, 1890
Total risks .............,S 81 3T6 Ale 3o5 M
Risks Cancelled, and ex- '-'''0'00
PRED during the year. -. $50, 596, 653 90
$s42, s1s, 742OO
Risks relnsured during the
year ..................... 5O,s3O 1890
Net amount of risks in
loTce .'.,.............. 1872, 4SS. 25S 90
CoMPANY's STATEMENT OF RIJsI-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Amount Of risks written. 49,. zoos, 171O0
losses Incurred during the
THE STATE OF SOUTH DAKOTA.
Department of Insurance
Company's Certificate of Authority.
Whereas, The Phenix insurance Conpa-
NY, corporation organized under
the laws of New York has filed in this of
ace sworn statement exhibiting its condf-
ton and business for the year ending
December 81, 1904, conformable to the
requirements of the laws of this state.
regulating The business of insurance: and
Whereas, The said company has fled
IN this ofnce a duly certified copy OF its
charter, with certificate OF organisation.
IN compliance with the requirements OF
the insurance law aforesaid
Now, Therefore, 1. 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 the laws there
Of until the 31st day of December A. d.
In Testimony Whereof. I have here
unto set my hand and official seal al
Pierre, this 26th day OF January, A. %.
(Seal) JOHN =. PERKINS.
Commissioner OF Insurance.
BY Emanuel HendrIksen, Chief Ci~r:.