Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1906-06-14
ANNUAL sTATEMENr

ANNUAL STATEMENTS
For the Year Ending December ii,
A. d. 1905. sygg
OF the condition Of the
MODERN WooDMEN OF AMERICA,
Organized under the laws Of the State OF
Illinois, made to the Commissioner of
pursuant to the laws of said state. A. Z
r Talbot, Head Consul; g. w. Halves,
Head CLERK lncorpoTated Nay o 5ss4
cipal office, Rock Island Ill.
BALANCE SHEET.
Amount of net or invested
assets Dec. 81 Of previous
year $1,4S7, 47S.O1
INCOME DURING YEAR
Gross amount paid by MEM
bers to the Association or
Its agents without dedac-
tions for commissions or
other expenses, as follows:
Mortuary assessments $3.50. 1888, zoe. 50
Annual dues as per contract,
whatever ,...................... Tic. 2eL0o
Interest and remit. ........ 32,12S.64
Cash received from all other
sources ...,..-...... ........ lOl,S16.l0 &
Total net resources. ....l...... 9.941, 450.75
DfSBU EETS DURING EAR.
Loss, and claims, ............ $B,611, 1850 So
Advance payments returned
to rejected applicants ..... 4,6ss.5s
Commissions and fees re-
talned by or paid to agents
on account OF fees and dues 2S9, 524.96
Salaries, etc, of managers
and agents not paid by
commissions .......,,....... IL ,S04.54
Salaries OF officers. directors
and 'itors :........s..... 4s,544os
Salaries aud other conlpensa-
ton of Office employees. 81. lbs. 90. SO Z
Salary supreme medical d.
Rent, taxes advcr sing and -'00oS0
Al Rlri eihsl Items: 41Is sis g
aa To,al disbursements 81 - s ga ss s
NET OR INVESTED ASSETS.
Cost value OF real estate in
hranees ,.....,'...,..,. -. 1921 ,ss4.4o
liens) on real estate. furni-
Loans secured by piedge.iof o'
bonds, stocks and other
cs sssS 4 s,,,s,.. ..:::::.:::.: Sa gsss ss
Cash deposits in banks on
emergency or reserve fund
account .4.....l....... l,SI4 9S6.a3 4
Total net or invested assets. So 1857 ,3S6a9
NoN1NyESTED ASSETS.
Interest nccrped ............. stoeoI.ss
Rents accrued .......s....... 5000
Total non-invested assets. s1o657. 81,
>''es' .t'.''''' L1Ai.BiiI.rriIiESs.. -''So''''
Losses adjusted, due and I'M D. 1.
SALARIES. rents and ONCE ex- F.o'els'
penses due and accrued.... 3070T. 90
Total actual liabilities. .... S1oI ,oeG "a
Balance. net assets. ...... 49,. 2,22T6. S1RSO
CONTINGENT MORTUARY ASSETS
COR RESOuRCES).
Mortunry asses SmentS, called
and not Vet .lue,..... ........9s $50 0O0.0 90 Z
Net amount due from mem
berS SSI1ttOOo s
CONTINGENT MORTUARY .LIABILI-
TIES.
Losses In process of adjust
ment .l...... $3.50 a00.0 90
Losses resisted .....,........ 77,5eO.00
Total contingent mortuary
liabilities ..,.......j...... S56s, 10000
BUSINESS IN SOUTH DAKOTA DUR
ING THE YEAR 1905.
Amount of policies issued
during the year. .;......... 81, sos, GOO. 90 L
Losses paid during year. 149, 600. 90
Total receipts in state during
Ing year .................... s.472.5e
THE STATE OF SOUTH DAKOTA,
Department of Insurance.
Companys Certificate of Authority.
America. co or organized Ieu Under
the laws Of Illinois, has filed In this office
a sworn statement exhibiting Its condi-
ton and hsuiness for. the year ending
December 81. 1905, conformable to the re-
quirements Of the laws of this state reg
uating the business of insurance; and
Whereas, The said company has filed
In this office Il duly certified copy of its
charter, with certificate OF organization,
in compliance with the requirements Of
the insurance law aforesaid;
Now, Therefore, i, John C. Perkins,
Commissioner of Insurance OF the State
of South Dakota. pursuant to tho pro-
visions of said laws, do hereby certify
that the above named company is fully
empowered through ita authorized agents
to transact its appropriate business Of
Fraternal Life Insurance in this state,
according to laws thereof. until the 3lst
day Of December A. D. 1906.
Iii Testimony Whereof. have hereunto
set my hand and official seal at Pierre,
this 7th day of February, A. d. 1906
(Seal) JOHN G. PERKINS,
Commissioner OF Insurance.
BY II. e. Walseth, Chief Clerk. 81