The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-07

SECURITY TRUST LIFE INSURANCE COM
=, PANY Principal onise Security Trust
Da 4seass Bradley sH a1n dent
yerick, Secretary. Attorney to accept service
in Minnesota: Insurance Commissioner. Cash
INCOME IN 1905.
First years premiums ........... $193, 016.61
Renewal premiums .............. 761 1892. 15
Dividends and surrender values
applied to purchase paid up In
surance and annuities ....... O,207 .S3
Total premium income $3.50. $685. 158. 50
Rents and interest .............. 239, AS. 81
Profit sale or maturity of
rr 1sass sl s esss4 sources n1 ssesP
Total income 81 ,21o, lso.1s
doWments aA - ss55,2z1 10
voided by lapse ........ 49, e914.T
Surrender values to policyholders 81, 706g0
Dividends to tpolicyholders. go. ~ 10 182.96
/. Total paid policyholders. -. s4s4 ,1sl. SO
Dividends to stockholders ........ None.
Commissions and bonuses to agents
es$ ss5 sis5. as5s%:s e
Commissions annuities ....... None.
Committing renewal commissions. None.
cies 49,. -. 1,4o2.1e
.penses 80. -. 7,711,71
spection Of risks ............ = 12,a8o.1 IS
Salaries Of officers and employees 81 80. 887. &c
Legal expenses ....:...! ........ 6,I36. 81
All other disbursements ........ 236. SCI 81
Total disbursements ..... $e41, G56.Ss
Excess of income over disburse-
en's ASSETS DEC; 81. 1905 o''N'
Xsqs Ct real estate
Premium notes and policy loans 2so2so 81
Bonds and stocks owned. -. .... 3s7 ,395 40
Cash in office and In bank. 81. III, 800 II
| h1o md aUo
Accrued interest and rents .. .... 2o,7e7. 81
| Deferred and unpaid premiums. 11S, Ga. 80
| All other admitted assets. ....... 1O,046.96
| Total admitted assets .. 81, 7S6, 23O. 0s
| Assets not admitted $31. 639.A.
| LIABILITIES DEC. 81. 1905
| Net value Of outstanding policies $2,270, Oc
l Contracts and cancelled policies se,so4 .oo
! Claims due and unpaid. ........ None
| Claims adjusted and not due, and
| unadjusted and reported. $500. 1883. ~
Claims resisted 49,. ............. 1910 81
Premiums paid in advance. ...... 5,997 .0s
Dividends due policy holders. ..... None
All other liabilities ............. 1lOoS3;
l Total liabilities on policy hold ~ !.
i q aers account. .,l:: 81, 3S2. 194 9:
I Gross Invisible surplus ,403. 49, =
eaR H&hi hsiSE Of R'1s 1905
4 g.- - Number. Amount.
Policies in force at be-
i ginning of the year.... IL 1914 $21, 0O4, S03i4
Policies in force at close 80
Of the year .......... 1924 = Fl, $40, o29. o.
/ Net increase. ri. 3ll,226.0
Net decrease. T0 ..-.........
Issued, revived and in ~. ...-.- -
creased during the year 2,123 ,66O,S70.O
Total terminated during
the year ............. I,S95 4,o4S, o44.O
l BY death ............... 1So oeo,ZlU.O
BY maturity ............ 5,151.0
By expiration .......... 1856 33b,578.0
BY surrender ........... 112 22S,O79.O
BY lapse ............... 1900 3,451, $500
{ BY decrease ........... 3 LAG, 044.0
Il BUSINESS IN MINNESOTA IN 1905.
..-- =a>t Number. Amount.
, Policies In force at be- r.
>, ginning of the year. 1913 $315. 4420
Issued during the year: 36 126, $500
: Ceased to be in force dur .,-..... 49,.
e, Ing the year... Y 80, 450.o
5, In force Dec 81, last, 1877 = 81 ST.
$ Losses and claims Incurred during 49,. p -, !.
:. Losses and claims settled during 'rsg7
: Losses and claims unpaid Dec. 81. Nom
e STATE OF MINNESOTA, .,.-..- ~:
Department Of Insurance.
q Whereas, the Security Trust & Life Insuran'
y company, corporation organised under the Law
u provisions of the laws Of this state relatiN
, to the admission and authorization of insuran'
= | companies Of its class. +.
Now, therefore, I, the undersigned, Insuranl
+ Commissioner, do hereby. empower and authori
! the said above-named company to transact
: appropriate business Of life insurance in Il
e state Of Minnesota, according to the Law
: A. D. 1907, unless said authority be revoked
o otherwise legally terminated prior thereto.
e In testimony whereof have hereunto set u
q hand and affixed my official seal at St. Pa
d p'' 'lss Da' = THOMAS 8. q o'BR sYRi
D, - Insurance Commissioner.