Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1906-08-25

st. Paul Fire and Marine Irlsur-
ance Company Of Minnesota
ABSTRACT OF STATEMENT FOR THE
YEAR ENDING DECEMBER 81, 1908.
I: OF. the condition and affairs of.she ST. Paul
Fire & Marine Insurance Company of ST. 4
Paul, organized under the laws Of the state
insurance of the state Of North Dakota, in
pursuance of the laws of said state.
President, G. H. Bigelow
Vice President, z. n. Bigelow.
/ Secretary, a. W. Perry. 7S
Principal Office corner Third and jackson
streets, ST. Paul. Mimi.
Attorney for service in the state Of North
Dakota: IS n Isl @s 45z@
Name, Commissioner Of Insurance s
4 Location, Bismarck, N. d. .!lf f35: 5s
Organized or orporated May, 1866.
Commenced business, May, se5.
CAPITAL.
Amount Of capital stock paid
up IN: tufl ~. -. s, 500, 000. 90
ASSETS. y
Value 3of real estate owned by s.
the company ..S..5.. s. 307, S72s60
Loans $on bonds and mortgages $50 ,105 90
Railroad bonds =. ~. i, 223, 4lO. 90:
State, city, county and other F525S8$
bonds =, 25S, 9S6.25
Bank stocks $3.50. ..'.4 4s5, O62. so
Loans on, collateral security i. Is, $50. "a
Cash on hand and in bank Z. 292 ,266.74
Premiums in course of co1lec- q 5t4sG }E {;5s
: ton and transmission ,..',; ss7, $685.
Bills receivable, not natured, 81
taken for marine risks .....S ,oss. 4s
All other sums, due the COM 81 s<$
+ pany, due from reinsurng d:
companies 50. 2, $685. s,
Total assets 4. s4,5e7 ,s41. or
LIABILITIES. 5s.8
Gross claims for losses adjusted
~ and unpaid y. =. 49,. 70, 95
Gross claims for losses upon I az: q SIS
which no action has been
ssssa resisted i ss company szs
Total gross amount of claims MI
tor losses 81 1894. 10
Deduct reinsurance ". 29,TS5. 99
Net amount Of unpaid losses ss4, sos ~
Amount of unearned premiums ~
on all outstanding risks 2 ,420, 641. 67
| All other liabilities: Capital = 8
paid up in cash 4. .3.5. &. 500 ,00e. 90
! Surplus over all liabilities NJ. j, a62, 900. 90
Il s4IES5Ss
Total liabilities y. 81 1867, s41.o7
RECEIPTS
i Premiums received during the
4 year in cash /. -. So, 800, 5O4.53
! Interest and dividends received 5iss3i ". Ss
during the year Z. !. 1s5, 4e7 ss
i Rents received during the year sc, 262 .07
/ Profit on sale or maturity of ,5 s ..= 1851;
ol lsfds ss1. sssst. 1851. 81: Is
Amount received from all other ss l;s 3Ss
i sources: Increased value Of IFS II w
bonds and stocks sss Il, 500. 10
Total receipts 50, ss5, o65.a5
/ DISBURSEMENTS
4 Losses paid during the year. 81 ,979 ,945. s5
4 Dividends paid during the year SO, 0O0. 90
4 Paid for commissions and bro-
5zs ksrage Il s15, 433 1915
IPaid for salaries. fees and
other charges 81 1os, 4s4 rs
Paid for taxes ..s go
u Amount of all other disbufse-
rnents aa5 ,el5 "a
Total Disbursements ss,a7s ,oes. IL
. | NORTH DAKOTA BUSINESS.
Total risks taken during the S
~ year S11 81 1884 100
Il Total premiums received dur ss
ling the year 38 272, 305 s28
j Total losses incurred 4 during the
Il Total amount Of losses paid # sEt5
during the year 77 ,313 81
Estate OF. MINNESOTA, $$5ss
County OF RAMSEY. sss.. st9sS
Bigelow, president, and Al Nv,
Perry secretary Of the ST. Paul Fire
sworn depose and say, that the foregoing
isis a correct statement Of the affairs Of said
4 company; that the said insurance COMPANY has
4 2 !, paid up capital stock Of at least Two HIN
sets inclusive of stockholders Obligations and
over and above all liabilities for claims re-
Il ported expenses and taxes, 81 and thar they
are the above described officers of said insur.
ance company. s
u !, A. w. Pens,
Subscribed and sworn sworn d before az III.
II 10th .tttt day eft January SOC.
Notary Public, Ramsey County MINI. Il
Il Fly commission e, presS Augnst 30 i. 9D7.
STATE or N ORTIZ DAKOTA
torFIcE or COMMISSIONERS or INsuRAscE
g. Cooper oa,n,issioner Of insurance
Of the state of North Dakota do hereby
81 CERTIFY that the foregoing is a true abstrac
Office s. ~ w
III testimony whereof, III have hereur1to SCI
my hand and affixed the seal Of this Office a
q bismarck the 7st day Of August J, "A, d. 1905
III B. c. CoOPRR
81 lsEALl Gonaini ssioner of insurance
\ TATE OF NORTH DAKOTA.
. a'FFIcR OF CoMMIssIoNER on INsuRANeE.
GoAIPANY's CERTIFICATE on
JTHoRITY.
Whereas The ST. Paul Fire & Marine III
4 snranee Company Of ST, Paul, MINI. !. q cor
I|pofation organized under the laws 81 Nil,
81 nesota has fled in this office d sworn etatc
4 fnetit hibiting its condition and business "a
formable 10 the requirements oil tfe laws q
! this state regulating the business Of insur
W hereas The said company has fled /,