The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-05-15

MANHATTAN LIFE INSURANCE COMPANY
in 1S50) Henry B. Stokes, president; j.. II. |
G secretary Attorney to accept seyee
S>'p' 80 INCOME IN 1904.
First years premiums. S405. 714.S |
Renewal premiums ............. 2,035, 1920
Dividends and surrender values ap-
piled to purchase paid-up insur
ance and annuities ............ 27,754.SO
Rent; Eets aid Prf% ats9s.t
Profit on sale or maturity of ledger
From all other sources S,ss7.is
Total in l3sqms 4, ;4s ,od s., 557 1852
Death claims and matured endow-
Annuities and nd ! premiums notes. notes. o'o'
voided by lapse -. :. .......... &c, 644 Oh
Surrender values to polcyholders 333, Il
Dividends to policyholders. ...... 124 92636
Total paid policyholders 49,. 1884, 55s.73
Dividends to stockholders. 100000
of agencies .................... 54s, 9e7.se
Al I'D dtnss a;si s2s5
Total disbursements 1880. s2,sas, oos. SO
Excess OF income over dsburse-
Value of real estate owned. ..... $B,s74, 925. 90
Mortgage loans ................. 6,129, $40. 90
Collateral loans ......,.:...... 5,074.16
Premium notes and policy loans 1916, sos. O2
5 5ssS ii 5,ss "a 4 fs
Bills receivable and agents bal 40
Accrued ansns interest and rents ISL 9sG Sc
Deferred and unpaid premiums. $50, IL
Total admitted assets. ....... SIS. AZ. 9.S1
ASSETS IT, idm1!E ii BHo 81 1904
Net value of outstanding policies $16 263, 1690 90
Present value on supplementary
| contracts and Cancelled policies 6047 90
| Claims due and unpaid. .......... 26S4o 81
| Claims adjusted and not due, and
| unadlusted and reported. -. As 1890
| Claims resisted ............... 100
Premiums paid in advance ...... 27o3s71
Dividends due policyholders. 1s,7e454
10 provide for possible deprecia- ooo ooo ~
Ali &c other liabilities MINIMUM. 1o,777.l3
| Total liabilities on rolicyhold-
| ers' account SIG, oS3, 2O5. 1S
| Gross Invisible surplus ......... 1850, 1874 Il
oaPHts ffssE d SET PoREoiHs 1904
Number. Amount,
ginning Of the year -. s1,s1s see, 800, III 90
Of the year .c .. o. 1851 72,eo5,s71.o 90
Net increase -. 2,o3s s2,7oe, 400
| Issued revived and in
creased during the year $40 .1S,O33,94S.Oc
IT ths s yssF s,4 4sz 19,2 - 5ss e e
BY maturity ............ 11S 256,246.O(
BY expiration ............ 26 229 966. Ot
, 5 IFS: =; Il
Il BUSINESS IN MINNESOTA IN 1904.
| AZ Number. Amount.
Policies in force at be- :
ginning Of the year,. 604 Size! 96l %
| Issued during the year.. 100 2o4 ,O77.o(
Ceased to be in force dur .
In force s Dec: 81 l last -: ess 1,3l5,4es.o'
Losses and claims incurred during :,
Losses sns se and claims settled during
STATE OF MINNESOTA, sa.s .s>l .-,.....
| Department of Insurance. ~. ..r..
Whereas, the Manhattan Life Insurance Com
I pany, corporation organized under the law
? of New York, has fully complied with the pro
| visions Of the laws of this state. relative t
the admission and authorization Of insuranc
companies Of its class, s3 q
: Now. therefore. I, the undersigned Insuranc
. Commissioner, do hereby empower and authoriz
the said above named company to transact 1t
!, appropriate business Of life insurance in tn
State of Minnesota. according to the laws there
: Of until the thirty-frst day Of January, A. {
l1906, unless said authority be revoked or other
wise legally terminated prior thereto.
: In testimony whereof, l have hereunto se
my hand and affixed my official seal at 81
Paul. this Slst day Of January, A: D 1905
->N ..s Insurance Commissioner