Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1906-05-10

NNNCAL STATE MENT
For the Year Ending December 81,
A. ID. 1905,
OF the condition and affairs OF the
PHENIx INSURANCE COMPANY OF
BROOKLYN.
Organized under the laws OF the State OF
New York. made to the Commissioner
of Insurance of the State of South Da-
kota. in pursuance of the laws of said
state. Attorneys for service of process
in the State of South Dakota Unforma-
ton furnished by. Commissioner of In
surance). Organized or Incorporated
Sept. 10, 1853. Commenced business
Sept. 10. 1853.
CAPITAL.
Capital stock actually paid in
cash Sl.WO,VNOO
PROPERTY OR ASSETS OF THE COM
PANY.
Cash value of real estate.... $56s. 10000
Cash in Office. ...... 1.K33. :3
Cash on deposit ............ 642,T19.1 10
Accounts due from agents.. oil, 6GG.64
Loans on mortgages. being
the first lien on real estate
worth at least double the
amount loaned thereon. 40.OOO.OO
Loans on stocks and bonds,
held AS collateral security. 81 ,42J.OO
Stocks and bonds owned by
the company .............. 1907 ,79S.OO
accrued 13.ss8.s2
Total assets .............. $3.50. 1859
LIABILITIES.
Capital stock actually paid in
Losses yet unpaid.......... 37o.3O2.?.
Losses resisted ............. 2S,4G1.OO
Amount of unearned pre-
miums on all outstanding
risks 4.12o.3a4.71
cluded in above........... 11.1O7.1 g
Total liabilities ......... 500, 1a9. =
INCOME OF THE COMPANY DURING
THE YEAR.
Total nremiums for the year. s7.3G2 653.s7
lnterc receipts ............. 22u,6iS.27
Receipts from rents ......... 4O.s5G.71
Receipts not included in
above 4.1S7.9 3
Total receipts .............. S7.G7S. 3GS. rs
EXPENDITURES OF THE COMPANY
DURING THE YEAR.
Losses paid ................ $2.?14 .23S.5 4
Dividends paid ........... 1-1.WNOO
Commissions paid to agents. 1.177.iS3.33
employees announcement. AL .S19.76
Return premiums. reinsur-
ance and cancellations. -. 1894. 231.19
Taxes ami fees to insurance
departments ............... 1881 OF ~
Printing and advcrtising.... 75.411.25
Other expenditures ......... Az ,6TG.a1
Total expenditures ......... So, 10. 2o4.53
RISKS.
Risks outstanding at the
date of preceding state
Risks written since proceed
ing statement ........... Gl3.2 i9.6S4.ON
/ Total risks ........... 81, 456. OBS. 42G.OW
pired during the year,. ISL. 9GD. 15+.M
Net amount Of risks in
force ................. $SsEs. t2'.Sd..Vo
COMPANIES STATEMENT OF BUSr-
NESS TRANSACTED IN THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
| Premiums on risks written. i6.10l.T 10
Amount of risks written..:.. ?.SlV.s3d.OO
Losses incurred during the
Losses paid during the year. 2o.S4ss.So
Expenses incurred ........... 13,'N9.21
THE STATE OF SOUTH DAKOTA.
Department of Insurance.
Company's Certificate of Authority.
Whereas. The Phenix Insurance Com
laws of New York. has filed in his Of
flee n sworn statement exhibiting its
condition and business fol. the year end
requirements Of the laws OF this state
regulating the business of Insurance.: and
Whereas. The said company has filed
charter. with certificate OF organization:
In compliance with the requirements of
the Insurance law aforesaid:
Now. Therefore. l. John G. Perkins.
Commissioner of Insurance OF the State
of South Dakota. pursuant to the pro-
visions of said laws. do hereby certify
empowered through its authorized agents
to transact Its appropriate business Of
Fire ard Tornado Insurance In this state.
according to laws thereof; until the 3ist
In Testimony Whereof. 1 ave h%ereuntO
Get my hand and official seal At Pierre.
this 18th day of February. A. d. 1!NM.
(Scal.) JOHN G. PERKINS,.
Commissioners OF Insurance.
' BY H. f. Walscth. Chief Clerk.