The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-03-25

ROYAL NE1GHBoRS OF Authorizations Of
fee, Rock Island, ILL., Edward A. Enright,
president; Myrtle 2. Dale, secretary. Organized
March q, 1885,. Commenced business March q,
1885, Attorney to accept service in Minnesota:
Insurance Commissioner.
Net assets December 81, previous
1NcoME DUR1NiG: 1904 04'''''''
Dues for expenses ............... se7, os1. 80
Mortuary and reserve assessments 494 945.10
Membership and examiners fees. 1898. 90
Total paid by members $500. 1904, 93s 40
From all other sources 14,729. 80
Total income ......,........ se1s, ess.72
DISBURSEMENTS DURING 1902.
claims paid .:...........:".:. s45s,71s.oo
members .................... 12o.15
- Total paid to members ....... s45s. sss 10
Commissions, salaries and expenses
Of agents and organizers ...... 19,27S.17
Salaries of officers, employees and
examiners fees ............... 32,sO6.23
All other disbursements ....-... 1880 3S
Total disbursements ........ s5ss. 2e7 90
Excess OF income over dtsbuse-
'''e'e AssETsj. 800 '''4'0'''
Cash in office and in bank ... s19e, 1863. 80
Assessments in course of collection $1,000. 90
Total admitted assets ~ S247. 269. 80
Assets not admitted, SIS, 1894.
LIABILITIES. ... -
Losses unadjusted ............... s76,OOo.oo
Losses resisted .............-.... 10000 90
Total liabilities ....:....... se2,ooo.o 90
BalanGe to protect , contracts l55. 2S9. 50
EXHIBIT OF CERTIFICATES OR POLICIES,
BUSINESS OF 1904.
st ~ -. -Total Business.-
Number. Amount.
In force Dec 81 (begin- ~
w 9E # eSss ii: 1ssSs
c. Total ::::.::.:::::>. 1859 ses, ss5, SOC. 90
Ceased during the year.. s,34s 1922, 90
In force Dec. 81 lend Of 1890
year, -; ..;:::..:;. s4,5ss e1,s75, 900. 90
beginning of year).. 80 g. 500 90
Claims incurred during the .s#,I -
year .........:........ 1855 4s5, 500. 90
= Total ;.:..;..,...;:. 525 s5es, 900. 90
Unpaid Dec. 81 lend Of 4*' 4n'o0ooO
Year, BUSINESS IN n1NS & $4,000. 90
In force Dec. 81 (begin-
written during the year. 1,242 1853, $1,000
Total ::.:;:..:.... 1889 ss,45o 800 90
ceased during the year,. 800 $4,000 90
In force Dec 81 lend Of
Claims unpaid Dec. 81 ''01 90 AV''00oOo
~ beginning Of year, 100000
Claims incurred during the
year .................. SO 40 600 90
:, Total -. 81 s5s, 900 90
Claims settled during the
year .................. 46 $500 90
Unpaid Dec. 81 lend Of
Collected from members during year 5s SSS
STATE OF MINNESOTA,
Department Of Insurance.
Whereas, The Royal Neighbors Of America, a
corporation organized under the laws Of Illinois
has fully complied with the requirements of the
laws of this state relating to coopera tive or as
sessment insurance.
Now, therefore, l. the undersigned, Insurance
Commissioners, do hereby empower and authorize
the above-named seesety to transact its appro-
pirate business of cooperative or assessment fra
terna1 insurance in the state of Minnesota, ac-
cording to the laws thereof until the thirty first
day of January, A. D. 1906. unless said author.
fty be revoked or otherwise legally terminal ted
prior thereto. .
In testimony whereof. have Aereunto set my
hand and affixed my seal of office at ST. Paul
this 31st day Of January, A. D. 1906
THOMAS D. O'ARIEN
Insurance ConmjsstoeaA