Union County courier. [volume] (Elk Point, Union County, D.T. [S.D.]) 187?-1913, 1905-05-18

Cash value Of real estate..... S5T6 ooo.o9
Cash in Office ....,............ S4l.So
Cash on deposit .............. Il%S-4,04
Accounts due from agents.. t9o' so4-oO
Loans on mortgages being the
first lien on real estate worth
at least double the amount 1000, -,
loaned thereon ......,...... 4s,lOo.Vu
heId as Collateral Slater 1I Security i 727ooOo
Stocks and bonds owned by
the company .-.............. 5,isS lSI-uO
Interest due and accrued los<9'oo
Total assets .&s0o7 130.9e
LIABILITIES.
Capital stock actually paid in ~, ~
Losses yet unnaid ........... 1852 0623s
Losses resisted .............. 35,iSs.oO
Amount of une rned premi-
ums on all outstanding risks 5, 76lo lO.1T
Other existing claims, not in
cluded in above ............. l2,0oo'lV
Total liabilities .............$5,1e1437 1878
INCOME OF THE COMPANY DURING
THE YEAR.
Total prC"1iums for the year. .ST,1I lObS. 81
Interest receipts ............. 172,S49,51
Receipts from rents .......... 44S53.O0
Receipts not included in above %, 9ol.5O
Total receipts .............s7.442S52.63
EXPENDITURES OF THE COMPANY
DURING THE YEAR.
Losses paid ..................S3.S9 500. 232. 10
Dividends paid .............. 100000
Commissions paid to agents. 1,2O2, 310.S2
Salaries paid 10 officers and
employees ......-.,......... 4l0,SiA.ZZ
Return premiums. cancela-
lions and reinsurance ...... 90, 341.23
Taxes and fees TO insurance
departments ................ 124 942. IS
Printing and advertising 49,. g. 94.2T
Other expenditures ........... 499 40. 6S
Total expenditures .......STO94,lS 4.69
RISKS.
Risks outstanding at the
date Of preceding state
ment ............,....... s766.163, 272.Oo
Risks written since pre-
cedtng statement ........ 61O, 2j2, 1880
Total risks ,..............s1,S76 ,415 395. 90
pirsd during the Year. 90. 1913, 500, 653.OO
$s42, SIS, 1920
year .,.............'..... 5O,33o. 1890
Net amount of risks in
force NEUTRALITY-SUSPICIOUS.. 1872, 4SS25S.O 90
CoMPANY's STATEMENT OF Bust
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Premiums on risks written. $44653.3 80
Amount of risks written..... 2,6OS, 171.O0
Losses incurred during the
Losses paid during the year. I9,153.9S
THE STATE OF SOUTH DAKOTA.
Department of Insurance.
Company's Certificate of Authority.
Whereas, The Phenix insurance Compa-
ny, corporation organized under
the laws of New York, haR filed in this of
nee sworn statement exhibiting its condi-
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 ONCE duly certified copy Of Its
charter, with certificate OF organization,
In compliance with the requirements OF
the insurance law aforesaid;
Now, Therefore, l, 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
TO transact its appropriate business OF
Fire and Tornado Insurance IN this
state. according to the laws there
Of until the S1st day OF December, A. d.
1905.
In Testimony Whereof. I have here
unto set my hand and official seal at
Pierre, this 26th day of January. A. ID.
1905.
(Seal.l JOHN c. PERKINS,
Commissioners OF Insurance
BY Emanuel Hendriksen, Chief Clsr:-