The Washburn leader., 1906-08-31
Vice President, John B. Lunger.

Vice President, John B. Lunger.
Secretary John f. Morris.
Principal office, Hartford, Connecticut
Attorney for service of process in the state
of North Dakota:
Name, Commissioner of Insurance.
Location, Bismarck, N. D.
Organized or incorporated, June II, 1868.
Commenced business April 1, 1864.
CAPITAL.
Amount of capital paid up in
cash '''''''' ASSETS. '''@'''0''''
Value of real estate owned by
company ......... ........ $ 41e, ,47s.14
Value of real estate owned by
by company, home Office
Loans secured by deeds of trust
or mortgages on real estate 5000, 991 40
Loans secured by colateras S6S, 1919. "a
Loans on this company's pol
Premium notes and loans 80. 1850. Sc
Foreign government bonds SAB, 427. 90
state, city, county and other
bonds ........ ............ 1850, ,750. 90
Railroad bonds and stocks 80. a4,s65, ,o5o. "a
Bank stocks ......... ...... 1,l22 ,263. 90
Cash on hand and in bank =. 1881 1885. 75
Interest due and accrued .... G30, SAT 10
Net amount of deferred and
outstanding premiums ...... 701, 500. sc
i'''' ASS'S IiABILirIES. ''' '''''' ~
Policy claims due and unpaid S 1920. 90
Policy claims i'll process of ad-
justment, adjusted and
not due ........ .......... 2G2 ,o31. Al
Policy claims resisted by the
company ........ ........ rs, 600. 90
Total policy claims ....... S s41, 100. Al
Net present value of all out
standing policies .......... 9,44o, 2o4. so
Dividends due policy holders 779.32
accrued ........ ......... 100, s21. AZ
Life premiums paid in advance SO, 1888. IL
Reserve for claims, resisted for
employers ........ ........ 2,5os, 72o. 81
demnity claims .:....:..... e4,e47.ol
Additional reserve for liability
department 1900. ........ 100, 1000. 90
Total liabilities ...........$42, ,eoe 1921 SO
Casualty premiums less IS, ,619,.
S96 reinsurance ........... Sc, 1853 1923. "a
New premiums S e95, ,898.75
Renewal prem-
ums :. 500. 4,643 ,399. .OS
Total go. .. IS, 5s9, ,297.s4
Deduct premi.
ums paid for
reinsurance 1873, ,s44.36
Total .... :. 400, ,o53. 4s
Total premium income .... .s11 ,754, SIT. se
Consideration for supplementary
contracts not involving life
contingencies 80. ......... SOC ,27s. .28
Interest and dividends received 2,057, ,802 35
Rents received .............. SO, $50. 81
Total income ...... .$14, ,4O1 ,7ss. 81
Casualty, death and indem.
nifty claims ............... So. .245, ,4se. 90
Paid for losses and additions. 1904, ,573 OF
Paid for matured endowments
and additions ...... ...... e5s ,1os IL
Paid to annuitants .......... 23, ,222. So
Paid for surrendered policies 227 ,975. SO
Cash surrender values applied
in payment of premiums ;. 1896
ers 80. .............. Is, 1870. SO
Dividends paid to stockholders 250, 900. 90
Cash paid during the year for =
commissions and salaries -. a,s1e, ,oo7. .25
Rents paid during the year.. 10s ,945. 90
Taxes paid during the year 259 ,317 .03
Cash paid for advertising 80. SO ,1s5. So
missions ........ ......... 1o, 1000. 90
Amount of all other cash ex-
penditures ...... ......... 1902 ,947. .O2
Total expenditures SO, ,ses ,sss. .es
MISCELLANEOUS.
Whole number Of policies writ
ten in North Dakota during
the year: Life ........ "A
Total risks taken during the
year in North Dakota: Life S 3s, 500. 0C
Total premiums received dur