The Cooperstown courier. (Cooperstown, Griggs Co., N.D.) 1902-1913, 1905-06-08
ABSTRACT OF STATEMENT

ABSTRACT OF STATEMENT |
For the year ending December 81. 1904.
Of the condition and and affairs OF the Fidelity |
Lhe laws Of the State of New York. made to
the Commissioner Of Insurance Of the State |
Df North Dakota. In pursuance OF the laws OF
said state.
President. George T. Seward.
Vice. @ President and Secretary. Robert j.
Principal Office: 97-ios Cedar street. New
Attorney tor service in the State of North
Dakota:
Organized or Incorporated March 90. 1876.
Commenced business May !. 1876.
Capttal.
Of capital stock paid up In .oo ooo ~
Amount mount Of ledger assets las per
BALANCED December 81 OF previous
year 90. ............. S.uSs.5lO D"
Assets.
comnanv 6sl,Osl 10
United States Stocks and Bonds. lOS. lO5 % ]
Railroad bonds and stocks. 4.0l M Oh 5s q
State, city. county and other bonds 45G:.3 %
Other corporation stocks and bonds lt5. ~ 81
Cash on hand and in bank l6SOM 15
Interest due and accrued .,.....:... 9.15O n
Premiums in course OF collection
and transmission ................ 6Sa. 10Y u
Bills receivable. nOtmatured. taken
Rents due and accrued ............ l,OsO "a
Market value mot including inter-
est on bOnds1 OF bonds and STOCKS
over book value Observation-Disclosures. b4b.4ss II
sG70s65l ~
Deduct ledger liabilities: Balance
oS s,,ndrv accounts. .......... -. 5.0ss s6
ss,7eo.G,7 so
Unidentified assets. bills receivable
SS82 l8; gross premiums IN course
Of collection prior TO October J.
1871 .............. W.. 100 ~ 01VoS %
Total assets. ................. Sn.oot'o1o w
llahllliles.
Gross claims for losses
upon which NO action
has been taken. EH.:s9 ~
Losses resisted by the
company and for pol
Icy holders Oss.Ouo ~
Total gross amount Of
Cl8tu 8 for losses @lHO,HI4 oU
Net amount of unpaid losses 1.G9&a 30
% ali Outstanding IT. % risks. 7s:97 IS
Estimated expenses Incident O the
settlement Of unpaid claims 500Is ~
~ age ~ =. ....................... l6se3i o5
SAWN, lib -
Salaries rents, expenses. etc. due
All n other @ liabilities. general con-
tingent fund $45O.O0OOO: special
COntin. Fund $lOO. .OOOOO.. 5500O 90
Total liabilities ................3a5sG 5sG.:.sO W
Capital actually paid up IN cash
tODOOO.UO; surplus over all liabil
tiles si.b8i. .s6s. H.. surplus ns re-
CARDS policy holders .............. .Osl. .96s II
a, $40 o.
Receipts.
Premiums received during the year ., o,o =,
Interest \" rsH and dividends received ' o' -
Rents e%ans rscsiysd say s during the year in ~
Guiding ~ s.s.l3 for company's
Amounts ow@ SscEpaisd tspcsivsd from aii other '' ~
sources: 80 shares Chicago 4
Alton Ry Co. preferred stock
sIi2. So profit and loss slO.34l i5.. 10a,3 IS
Total receipts ....................s5. .474.474 II
Disbursements.
Losses paid during the year . w so47.GG2 II
Dividends paid during the year s5.OOO %
Paid for commissions and broker
palkd ak1i Tor salaries, fees and other - ~
peid e8afsst fer taxes on:rea estate. ''''
censes and Insurance department
fees, investigation and ADJUST
ment of claims IN defense Of suits
Inspection $i780ss.59; printing
and stationery s8l. 45S03 -. 5O9. 1913 10
Amount of all other disbursements 232.8i8 Is
Tota. disbursements ............ Sl.9S9. 1896 6S
ushh Daksta Dusinsss.
Total risks taken during the year. ,s22s.5l1 G5
Total premiums received during
rotaI ons yess losses incurred during the '0' -
Total amount Of losses paid during 49, =
the year. Observation-Disclosures. WI %
General lntsresatsriss.
Total amount of premiums receiv-
ed from the organization of the
1S of cash dividends de-
clared since the company COM o,, ..o -.
menced business ...............:. s:s 40 10
Total amount OF the cOmpany's
stock owned by directors at par
Losses % paid from organization to % ..s ~, :.
piviSsnds DECLARED payabsinstock ''' '"' "
from ORGANIZATION .:.............. 25o.OOO 60
Amount deposited in various states
and countries which, under the
laws thereof. Is held exclusively
for the protection of policy hold
| ers therein, market value........ l05,9O7 50
Name STATES and Countries.
Ohio.
STATE OF N1RTH DAKOTA.
OFFICE or COMMISSIONER OTINSURANCE
L.E. C. Cooper commissioner of insurance
of the state OF North Dakota do hereby certi-
| ~ that foregoing Is u true abstract of the
original statement now on ne IN this ONCE.
ID testimony whereof, have hereonto set
nv hand and affixed the seal OF this Otice at
Bfsmark this 18th day OF 4prIl y. Go6pE& q: 81 1H'
(sEAL1 Commissioner of Insurance.
A. ROLLING, Deputy.
STATE OF NORTH DAKOTA.
OFFICE OF COMMISSIONER OF INsURANCE.(
COMPANIES CERTIFICATE OF AUTHORITY.
Whereas. The Fidelity and Casualty Co.
| of New York City corporation Organized
under the laws Of New York: h;ts hied ~ IN this
Office sworn statea ent exhiniting It's Goa con
ember 81. 1904. cOnfOrmable to the re4nire-
ments Of the laws OF this state, regulating the
business of insurance. and.
| Whereas The said company has He'd In
this Office duly certified copy Of its charter
ance with the Insurance laws aforesaid.
Now therefore /. r. G. Cooper commission
er OF insurance of the state OF North Dakota.
hereby EsreS, certify that The above named com
pany Is fully empowered: through It's aqtho-
rized agents to transact It's appropriate busi-
ness Of Accident Health and Fidelity insur.
until the 3lst day of December. A. D.. 1905
In testimony whereof, have hereuntO set
nv hand and seal at Bismark this first day
" i'"' a. D'' ' &c. COOPER.
sy }sy1I a koLLlNS. S"'f's1us' Deputy. % '"'''"
Huge Task.
t.