The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-04-09
Northwestern Fire and Marine
Insurance Co. Agency,
5 INSURANCE.
1915 NORTH Fourth Street. Phones: n w, Main 1914 I. G., e2s.

NORTHWESTERN FIR AND MARINE IN
sURANCE CoMPANY-Principal office, Cliff.
ford building, Grand Forks, N. D.. Organized
in 1897 C.. F.. Sims, president; Otto o. Toilet
son, secretary. Attorney to accept service In
Minnesota, Insurance Commissioner. Cash capt.
tai, $500, O0O..
INCOME IN 1905.
Premiums other than perpetuals.. $2SS, 022.O OF
Rents and interest ............ 22,S5l.6S
Profits on. ledger assets over book
values 246.OO
From all other sources. 9, 1896. SO
Total income .............. s313, 515.71
DISBURSEMENTS IN 1905. =
Amount paid for losses......... SOL, 1871 IS
Commissions and brokerage ...... SO, 216.3
Salaries and fees Of officers,
agents and employees ...... 80, 1888
Taxes, fees and rents ......... 1882. 81
Loss on sale or maturity of ledger
assets 121.14
MI other disbursements ......... 2~s,571.76
Total disbursements. s21o,1 6s.1 10
Excess of income over disburse-
ments 1os, s47. 81
ASSETS DEC. 81, 1905.
Value Of real estate owned. ...... s25, 900. 90
Mortgage loans ..-........... 3O5.415.34
Cash IN office and in bank....... 133, $780, 10
Accrued interest and rents....... S,s41.43
Premiums in course Of collection. 20, 53S. 90
Total admitted assets..... $493, 4e5.4s
Assets not admitted, So, 759.65.
LIABILITIES DEC. 81. 1905.
r1nnaid losses and claims....... 81, 32O. o2
Reinsurance reserve ............. 119, 534.1 S
Capital stock paid up............ 200, 100000
Total liabilities, including cap >.-...
ital 1888 So4.ZO
Net surplus ... 1863, GIL. %
g RISKS i $ AND PREMIUMS, 1908 BUSINESS.
Fire risks written during the
year S9,llf, iol.uo
Premiums received thereon $3.50. 1884, 40
Tornado and hail risks written
during the ar.........a...... 5,56l,i22.oO
Premiums received thereon...... 154,9ol.92
wear II, 412, 81. 90
BusiNEss N MINNESOTA IN 1905:
Fire risks written ............... $3.50 ,4oI.oo
Fire premiums received........... 3o,olI.ot
Fire losses paid ...-........ 2S.O24.ot
Fire losses incurred %. S2S.OC
Tornado risks written: ..... 4S1,9l6.W
Tornado premiums receiyed,,,. 1O.146.0(
Tornado losses paid.............. 3.3l6.Ct
Tornado losses incurred $4,000
Aggregate risks written. ...... 81, S15, 3I2.Ot
Aggregate premiums received.... 45,S1S.O
Aggregate losses paid ......... 31,341.G
Aggregate losses incurred ....... 29,145.N
A OF MINNESOTA,
Department of Insurance.
Whereas, the Northwestern Fire & Marine
Insurance Company. a corporation organized
under the laws of North Dakota. has fully com
piled with the provisions of the laws of thi.
state. relative to The admission and authorize
ton of insurance companies of its class.
Now. therefore. L, the undersigned, Insur
ance Commissioner. do hereby empower ant
authorize the said above-named company t,
transact its appropriate business of fire insur
ancc in the state of Minnesota, according to TIL,
laws thereof, until the thirty-frst day O
JANUARY, A. D. 1907, unless said authority b.
revoked or otherwise legally terminated prio
thereto.
In testimony whereof, have hereunto set m,
hand and affixed my official seal at st. Paul
this 31st day of January, A.. D.. 1906.
THOMAS d. O'BRIEN,
Insurance Commissioner.