The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1905-05-12

ibGGI HNO SHSOHI !
COMPANY.
ot Now York, organized under the laws
u the State OF New York made To the
! Insurance Commissioner Of the State
! Of South Dakota, pursuant to The
| laws OF said state, President, George
! r. Seward; Vice President and Score
! tary, Robert j. iillas. Incorporated
March 20, 1876. Commenced business
May LIST. 1876. Principal Office 81 to
| 1o3 Cedar street. New York, n Y.
l. CAPITAL STOCK.
Amount Of capital stock paid
up IN cash .................. SJOo ,OU0.OU
| Amount of net ledger assets
/ December 3lst Of previous
year Observation-Disclosures. 5,o34 ,3lG.Go
II. INCOME DURING YEAR
Net cash actually received for
ElclHluiIlS ...................S 50, 20 SIS. %
Total interest and rents. $40. 252, Gs2 "A
FRONT on ledger assets. ..... Gl2. 90
Income from all other sources 1871. 15
Total income actually re-
cciycd during the year in
cash ...................... s5,47l ,47472
IL. DISBURSEMENTS DURING THE
YEAR.
Adjustment Of claims. .... S2Gs ,GS3 As
nee PAD policy holders. $40. 2Ui1 co. II
70 stockholders Tor interest or
dividends Observation-Disclosures. 5000 90
COMMISSIONS TO agents. :..... lab ,ou0u2
Salaries, travelling and all
expenses OF officers and
homo office employees. ....... Coz ,CNl17
Medical examiners fees and
sa1ucs Observation-Disclosures. 6.3lGSs
inspections .....,,............ lly,OoS. 80
Repairs, taxes, department
fees and licenses .......... 1oG17lu
Kent 43,6sJ.3 SO
LeSii expenses .............. v,Uoe..O
Furniture, fixtures. postage
and express .............. 3O,477.OO
Advertising general printing
anu stationery .............. S2.WO.ol
Sdnury EXPENSES ,........... .,-.,i34. p
Front and loss. ....-......... 5000. So
Total disbursements ......S4. sS9. s9G.6s
Eaiance ...................... o,3lS SJi. 10
". ASSETS.
Book value Of real estate after
deducting incumhrauces -: 1921. Os1 10
Book raiuc of bonds and
stocks ................ 4.733 So. 50
Cash IN company's oihce..... li,2Il AZ
Cash deposited in banks ...... 15O, SO. rs
B!lls receivable ............. sS2.4 At
Total ........ s5,52a o27 80
Deduct ledger li.fbiilIies Bal
ance of sundry accounts 5,o33 20
Total net ledger assets SOILS. s94. 10
Total outstanding interest and
rents .............. FOSSILS
Market value Of bonds and
stocks over book yalue..,,., 546.4s24
Iott! net amount OF outstand-
ing premiums ....,...... 6S4, 400. ca
Total assets as per the
books OF the company. :. Sc, 80. 617 90
Bills receivable ............. 03.OGSs7
Total admitted assets...... .sGGG7 ,54o.O9
V. NON-LEL .E,R LIABILITIES.
In process of adjustment S279, 3O4 10
known or reported; proofs not
filed ................. 5G,944.4O
Resisted by company on its
own account ............... 90,953 40
Resisted for policy holders. 59s $500
Expenses for settling claims
testimated ................ 70 o5S43
Total unearncd premiums. 2.73-, Y7l "a
commissions, hrokeraSe. etc. l63,23l Ql
Due and accrued for salaries,
rent, advertising, coiamls-
slons, agency and other ex-
penses ....,..,.,...,.,. 4OlG5a9
Special fund ...,....,....,.,,. lGO,OOOO0
General contingent fund. ,.,.. 4Ju.UN.U
Total amount of all labili-
ties, except capital stock .Si,5sG. 2S0.92
Joint stock capital actually
paid up in cash. go. COCOON. 5OO,oOO.OO
Surplus beyond capital and
other liabilities ............. 1851 ,26sl7
VI. RISKS.
Premiums outstanding at the
date of preceding statement. 81 .0G6, 4S7. ~
Premiums written since pre-
ceding statement .......... I,255 SlQ.ll
Iotal Observation-Disclosures. ST. 81 Isl .GS
Premiums Cancelled and ex-
pred during the year,. G,SSI. 3ua. so
Premiums reinsured during
the year ACKNOWLEDGEMENTS. 1890 O8
BUSINESS IN THE STATE OF SOUTH
DAKOTA DURING THE YEAR 1906
Premiums received ...,,...... SI.936.0I
Losses paid ...,....,,,.,..... l,G3s.77
Losses incurred .............. 1.G3S.77
THE STATE OF SOUTH DAKOTA.
Department of Insurance.
Company's Certificate of Authority.
Whereas the Fidelity and Casualty
Company of New York. corporation or
ganizcd under the laws of New York,
has filed in this office a sworn statement
exhibiting its condition and bust
ness for the year ending Decem-
Der 81, 1901. conformable to the reaulrt:-
mcnts Of the laws Of this state regulating
the tusiness of lasnraneei aRds
Whereas. The said company has filed
in this office a duly certified copN of its
charter. with certificate Of drgarisiu ton.
in compliance viii, the requirements of
the insurance law aforesaid;
Now. Therefore. |. John c. Perkins,
Commissioner of Insurance of the state
of South Dakota. pursuant to the pro
that the above named company is tull%
empowered through its authorized agcntsS
to transact Its appropriate business OF
Accident Health. Liability Plate Glasa,
Steam Roitep. burs!arF Insurance Ia thfs
state according to the laws thereof, I'M
til the 3lst day of December 4, a. 1908
In Testimony Whereof. | have fereunto
set my hand and official seal at Pierre,
this 21st day of February. a. n. 1893.
tSeal.l JOHN c. PERKINS,
Commissioner OF Insurance.