The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-05-16

CANADA LIFE ASSURANCE ooMPANY-Prin-
clpal office, Toronto, Ontario, Canada. Organ
dent R. His secretary Attorney t to accept
service in Minnesota: Insurance Commissioner.
INCOME IN 1904.
First years premiums. .......... $463, 406. ga
renewal premiums .............. 2,579, III. 81
Rents Hot aaa ps sss1sse
Profit on sale or maturity of
ledger assets ............... 52361 .63
From all other sources. .......... 1o,4S2. 90
Total income $4,s1o,s2s.2s
Death claims and matured endow-
ments ~. ...............,. s1,5se. es7. "a
ed by lapse. ...............:.. 2s597.o1
Dividends to policyholders. 6S,218.0s
Total paid policyholders. ..... S1,755, 0o3. 6S
Dividends to stockholders. ........ 79,S19.25
Of agencies .................. 5a,es1.o OF
Salaries of OFFICERS, employees and
examiners fees .............. 152, 2S4 81
All other disbursements. ......'... 219,3O4.35
Total disbursements ....... S2,7eo, 4oa.1s
| Excess of income over disburse-
| menus 1,o0O, 4ZO.Oo
| -..- ASSETS DEC. 81, 1904
Value of real estate owned 800. s1,762 6ss. 90
| mortgage loans .............. 4,0Oo IL 20
Collateral loans .............. 1858 O95 66
Premium notes and policy loans. 35o4, 421 10
! Bonds and stocks owned. ......... 1852 74O DO
| Cash in office and in bank 900, 099 81
| Accrued interest and rents. 1853, 142. SO
| Deferred and unpaid premiums. 626, "a
Total admitted assets. .... 500, o74, 500. 90
! LIABILITIES DEC. 81, 1904.
Net value Of outstanding policies s264os, CSC. 90
Present value on supplementary
contracts and Cancelled policies. 97,431 90
/ Claims due and unpaid -.- 3S,52l. 5O
Ida sn ID s3ysses na
Dividends due policyholders. 1925 so
i ers' account .... .. SIG, ees, 17s. o.
Gross divisible surplus .......... 1875, 425. 90
oa RxH fHfk 6 paa p6IiciEs 1904 BUSINESS
! Number. Amount.
Policies in force at begin e. u ..
ming of the year. .A,12S 500, 53O, 3O4 lie
Policies in force at close of
the year Al, esa es,s5s,e6s.1c
Net increase .. a,5o5 $es2s ees %
Issued, revived and increased :.
!, during the year. o,S96 l1o0zU 4Soi
R; yer death as 81 ie eis sss & :;
, By maturity ............ 1873 24s,4 II
By expiration ............. SO 146, 433 "
By surrender ............. ~" 9oo,Oao.3 d
BY lapse ............!' 1'594 @'oe' ~ e. ~
BY 0f SGsISEss IN MiIiNiSIsofA IN 1904
s Policies in force at begin
| ming of the year.. $40 $l,42l, o4U.5
Issued during the year.. AZ 2O5,4oo.o
8 Ceased to be in force during .
/ the wear ....... 40 172,474.0
In force Dec. 81 last 49,. Az 1,454, 826.5
the year ear ...................... $1,000
no the ye ear .... .............. $1,000
losses and claims unpaid Dec 81 Non
= Received for premiums. 4o.699.2
! STATE OF MINNESOTA,
y Department of Insurance. -
= Whereas. the Canada Life Assurance company
! a corporation organized under the laws Of tn
Dominion Of Canada has fully complied Wit
n the provisions Of the laws of this state relativ
3 to the admission and authorization OF insuranc
companies of its class. . .
Now therefore, I, the undersigned. Insuranc
8 Commissioner, do hereby empower and authoriz
5 the said above-named company to transact 1t
O appropriate business of life insurance in tn
state of Minnesota. according to the laws thereof
until the thirty first day of January, A.. D
1906 unless said authority be revoked or other
0 wise legally terminated prior thereto. -.
In testimony whereof have hereunto set m
0 hand and AFFIXED my official seal at st. Pau
: this 31st day of January, A. D. 1905.
10 - - THOMAS D. O'BRIEN, -
Insurance Commissioner