The Dickinson press., 1906-09-08

eliot s. M. FERRIS, Register.
ABSTRACT OF STATEMENT FOR THE
YEAR ENDING DECEMBER 81, 1906.
Of the condition and affairs of the North.
western Fire & Marine Insurance Company
of Grand Forks. North Dakota, organized
made to the Commissioner Of insurance D Of the
state of North Dakota, in pursuance of the
laws of said state.
President. c. F. Sims.
Secretary, Otto o. Tollsfson.
Principal business Office, Minneapolis,
Home office, Clifford building, Grand
Attorney as; 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 e. 1899.
Amount of capital stock paid
up IN full ............... 200 600. 90
ASSETS.
Value of real estate owned by
the company, ..;.......... S 25, 1000. 90
Loans on bonds and mortgages 3O5 ,415. "a
Cash on hand and in bank. 133, 669. 10
Interest due and accrued ... S,S21,43
Premiums in course of collec-
ton and transmission 49,. 20, 5ss. ss
Kents due and accrued ...... 20.0 90
Unidentified assets .......... $780, 5
90 IIAB1LiriEs. t'' 'Ss''lS
Gross claims for losses adj.
justed and unpaid ...... 1,7s2, 97
Gross claims for losses upon
which no action has been
taken .......... ......... 1857 5
Total gross amount of claims
for losses ........;....:. 5,14o.os
Deduct reinsurance and salv-
age claims thereon ....... $40. 90
Net amount of unpaid losses S 1890. 02
Amount of unearned premiums
on all outstanding risks go. 110, 534, Is
REcE1PTs. ~''SO
Premiums received during the
Interest and e1s dividends received S''' OSS'O7
during the, year ........... IS, 4s1. e5
gents received during the year 4,370.O3
Furniture and fixtures sold . 248. 90
Discount loss drafts ........ 7l4,57
Amount received from all other
sources. Home Office agency
commissions ....... 500. 1,6s1.s 80
Total receipts ESTABLISHMENTS ;UitRRssiE:MsiEiNiiriss ala'S1S'7l
Losses paid during the year. S 81, 7e7. IS
Paid for commissions and bro.
kerage ..;,..:.. ..:....... 5s,a1e.s7
other charges ............. 80, los. 81
Pald for taxes 697. n
N: aavert IS; 800; IS, RPsiesi1s i fna
niture and fixtures, ST.
45s;72 ..........":.:. e,ose.75
legal, 81, $500; insurance
department fees, ETC., 3d.
Amount of all other disburse. iO'''1'
ments ........ ....... $500. 81
Total disbursements e10. 16a IN
NORTH DAKOTA BUSINESS.
Total risks taken during the
Total premiums received dur
Total losses incurred during ''''O
Total amount Of losses paid
STATE OF MiNNESoTA.l o4o"S'
COUNTY OF HENNEP1N.
w. A. Laidlaw, second vice president, and
Otto O. Tollefson, secretary of the North.
western Fire & Marine Insurance Company,
It dere Gsan and Fe s5x' th n; D. p: f being duly sworn,
rect statement of the affairs of said company:
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.
Orro O.. To11ErsoN,
Second Vice President.
Subscribed and sworn to before me this
B. W. CARPENTER,
Notary Public, Hennepin County, MINI.
My 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
certify that the foregoing is a true abstract
Of the original statement now on file in this
In testimony whereof, I have hereunto set
my hand and affixed the seal of this Office at
Bismarck the LIST day of August, a. D.. 1906.
[sEALl Commissioner of Insurance.
STATE OF NORTH DAKOTA,
OFFICE OF COMMISSIONER OF INsuRANcE.J
coMPANYXISi 7r GERT1T5cATE OF
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
for the year ending December 81, 1906, con.
formable to the requirements of the insur-
ance laws of this state, regulating the bust
ness OF insurance., and,
this Office a duly certified copy of its charter
with certificate. of organization in compliance
aforesaid.
Now, therefore, I, E.. c. Cooper, com.
missioner Of insurance of the state Of North
Dakota, pursuant to the provisions of said
laws, do hereby certify that the above named
company is fully empowered, through its au-
thorized agents. to transact its appropriate
business of hail, fire and tornado insurance
until the s1st day of December, A. D. 1905.
In testimony whereof. I have hereunto set
my hand and seal at Bismarck this 18th day
of February, A. D. 1906.
E. c. COOPER,
[sEAL1 Commissioner Of Insurance.