The Dickinson press., 1906-08-25

7-2S.6t 8. NJ. FERRIS, Register.
ABSTRACT OF STATEMENT FOR THE
YEAR ENDING DECEMBER. 81, 1905.
OF the condition and affairs of the North
of Grand Forks, North Dakota, organized
under the laws Of the state of North Dakota,
made to the commissioner of insurance of the
state OF North Dakota, in pursuance of the
laws Of said state.
President. c. F. Sims.
Vice. presidents, Alvin Robertson and w.
Secretary, Otto o. Tollefson.
Principal business office, Minneapolis,
Home office, Clifford building, Grand
Attorney for service in the state of North
Dakota:
Name, Commissioner of Insurance.
Location, Bismarck. N. D.
Organized or incorporated, May 2, 1899.
Commenced business, May 2, 1899.
Amount Of capital stock paid
up IN fol AissErfs.' $ 200 100000
Value of real estate owned by
Loans on bonds and mortgages sO5, AIS. "a
Cash on hand and in bank. 1873 ,669. 10
Interest due and accrued 80. s,s21.4
Premiums in course of collec-
ton and transmission 80. 20, 5ss. 90
Rents due and accrued ..... 20. 90
Unidentified assets .......... $780, 5
Total assets ..::..:...~. $ o 7,225.1s
Gross claims for losses ad.
justed and unpaid ........$ lisa 81
Gross claims for losses upon
which no action has been
taken .......... .s..... 1857, O5
Total gross amount of claims
lot losses ............... 5,140.02
Deduct reinsurance and salv- =
age claims thereon ..... $40. 90
Net amount of unpaidilosses S., A. 800. o.
Amount of unearned premiums '"'
on all outstanding risks 80. 10 ,534.1S
REcE1PTs. ~'s'S0
Premiums received during the
year in cash ............. S 2Ss ,O22, OF
Interest and dividends received :"
during the year ...." 10, 4s1. IS
Rents received during the year 1870. 03
Furniture and fixtures sold -, 246. 90
Discount loss drafts ...... ia 81
Amount received from all other III H.:
sources: Home Office agency -
commissions ....... $50. / ,es1. 80.
Total receipts stii1svnl1t;14Gs sls, 5l5s7l
Losses paid during the year. S Oh, 7e7E 85
nI ksrage -: :::::::::. 80, a1a&s7
other charges ":..........., 80, 1os. 81
Paid tor taxes ........ ... 697. III
advertising, s., 1905; fur fue {.
niture and fixtures. ST.. IT. ).
49,? o,oss.75
legal, 81, 35s.2O; insurance
department fees, etc, So. !
Amount of all other disbulse. y s 'o "
ments ..:::.:.. s. 4as. seo 50
NORTH DAKOTA BusfhNsE S5S,t aos -
Total risks taken during. the 49,, s.
year .......... ..1....... SIS, M. Il $4,000
Total premiums received. dur
Total losses :. incurred during ~ s'0'74
the year :::......... 4o,457. 30
STATE OF: MINNESoTA, A'O4o'''
COUNTY OF HENNEp1N. :,
". A. Laidlaw, second vice president, and
Otto Q. Tollefson, secretary Of the North.
western Fire & Marine Insurance Company,
d dt Gssn and fe sax, that IA; 4 t5s f ssing duly : sworn ' sa4.
rect statement Of the affairs of said company;
that the said insurance company has a paid
up capital stock of at least Two Hundred
inclusive. of stockholders obligations. and
over and above all liabilities for claims re.
ported, expenses and taxes, and that thew are
the above described officers of said Insurance
company.
u, OTTo o. ToLLErsoN,
Second Vice President.
B. w. CARPENTER,
Notary Public, Hennepin County, MINI.
My commission expires September 10, 1911.
STATE OF NORTH DAKOTA.
OFFICE OF COMMISSIONER OF INSURANCE.
l,E c. Cooper, commissioner of insurance
OF the state of North Dakota, do hereby
Of the original statement now on file in this
Office. :" 'A'S
my hand and affixed the seal Of this office at
bismarck the lst day of August, A. D. 1906.
- E. c: CooPER,
lsEAL1 Commissioner of Insurance.
STATE OF NORTH DAKOTA.
OFFICE OF COMMISSIONER OF. INSURANCE.
COMPANIES CERTIFICATE OF
AUTHORITY.
Whereas, The Northwestern Fire & Marine
Insurance Company of Grand Forks, N. D.,
a corporation organized under the laws Of
North Dakota. has filed in this Office a sworn
statement exhibiting its condition and business
f for shG year to f the Eso Dsesmbsr 81; 1905, con.
ance laws of this state, regulating the bust.
ness Of insurance, and,
W.: Whereas, The said company has filed in
this office a duly certified copy of its charter
with certificate of organization in compliance
aforesaid. ""
missioner Of insurance Of f the @: state Htepe Of N f1T,
Dakota. pursuant. to the provisions of said
laws, do hereby certify that the above named
company is fully empowered, through its au-
thorlzed agents.. to transact its appropriate
business Of hail, fire and tornado insurance
in this state according to the laws thereof,
until the s1st daySof December, A. D. 1906.
my hand. and seal az Rismarck this 11th iau