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

. -
Capital stock actually paid In
cash 81 ,OOO, 10000
PROPERTY OR ASSETS OF THE COM
PANY.
Cash value of real estate.... $500, 0 90
Cash in Office and in hands
of department managers. 30, OO1. Ga
cash on deposit .............. 276,216.+2
Accounts due from agents.. 3o1 4GS. %
Loans on mortgages. being the
first lien on real estate worth
at least double the amount
loaned thereon ............. :22G,I 800. 90
Stocks and bonds owned by
the company .............. 4.G9G. $500
interest due and accrued. 80. 9,t4O. 30
Total assets .......... 500 609.73
LIABILITIES.
Capital stock actually paid in
cash 81 ONO. M0. 90
Losses yet unpaid ............ 16I 100. So
Losses resisted ............... l3.Sll.72
Amount of unearned pren1i-
unlS on all outstanding risks 1924 .219.17
Salaries or commissions due
agents 6.2s7.51
Total liabilities ...........S So 13,474.2a
INCOME OF THE COMPANY DURING
THE YEAR.
Total premiums for the year. SO, 1871, 373 q
Interest receipts PIT ,OS6. 80
Receipts from rents .......... ~. 7O2,Ot
Receipts not included in above "a. O31 80
lotal receipts $50 - ,2SJ.GD
EXPENDITURES OF THE COMPANY
DURING THE YEAR.
Losses paid 81. 3O1 ,614.4S
Dividends paid 200, 900. co
Commissions paid to agents.. 5O2.2l3.7l
Salaries paid to officers and
employees l72,53O.97
Return premiums ana cancel
ations 3G7 .OoG.OG
Taxes and fees to insurance
departments ............... 63, $685. :,
Printing and advertising ..... "a. 4S3. I'll
Other expenditures .......... 173,324.U1
Total expenditures ........$ 800, 23l 80
RISKS.
Risks outstanding at the date
of preceding statement. . E. S4S3 ,J47, S4S
Risks written since preced-
ing statement .............. 1874, G6s, alt
Total risks ................ $S3S, PIG. 100
Risks cancelled, expired and
reinsurcd during the year. S322, Sl5, 5Go
Net amount of risks in
force 5000 400. GO1
COMPANY'S STATEMENT IF BUSI-
NESS TRANSACTED IN MI STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Premiums on risks written. $7,2OG.7 "A
Amount of risks "written...... ACT 1901 90
Losses incurred during the
year 4,lt2.l4
Losses paid during the year. 2.9oa.43
THE STATE OF SOUTH DAKOTA.
Department of Insurance.
Company's Certificate of Authority.
Whereas, The GcrInania Fire insurance
Company. a corporation organized UNI
der the laws of New York, has filed in
this office a sworn statement exhibiting
its condition and business for the year
ending December 81, 1901. conformable
to the requirements Of the laws of this
state regulating the business of insur-
ancp: ana,
Whereas. The said company has filed
in this office a uuly certified copy of it's
charter, with certificate OF organization,
i'll compliance with the requirements of
the insurance law aforesaid;
Now. Therefore, /. John c.. Perkins,
Commissioning of Insurance of the State
of South Dakota, pursuant to the provis-
ions of said laws. do hereby certify that
the above named company is fully en-
powered, through its authorized agents.
to transact it's appropriate business OF
Fire Insurance" in this state, according to
laws thereof. until tho ilst day of De-
cembcr. A. d. 1903.
In Testimony Whereof, I have horeunto
act my hand and official seal at Pierre.
this Sd day of February, A. D. 1908.
(Seal) lnl!E c. PERKINS,,
Commissioner of Insurance,