The Sisseton weekly standard. (Sisseton, Roberts County, S.D.) 1892-1929, 1906-04-20
ANNUAL STATEMENT

u L
A. ID. 1905,
OF the condition and affairs OF the
PHOENIX ASSURANCE COMP ANY.
LIMITED, OF LONDON, ENG
LAND.
Organized under the laws OF the Ming
dom OF Great Britain, made to the
Commissioner of Insurance OF the State
OF South Dakota. in pursuance of the
laws of said state Attorneys for serv-
ice of process in the State of South
Dakota Information furnished by Com
missioner of Insurance.. Organized or
incorpor; ed January II. l1S2 Com
menced. business in United tates Octo-
Der, 1870.
PROPERTY OR ASSETS OF THE COM
P.ANY.
Accounts due from agents. $25i 1lo.47
Cash in office. NEUTRALITY-SUSPICIOUS.. 80 81
Cash on deposit 32l.Gs7a1
Reinsurance ON losses paid i, loo.S9
Stocks and bonds owned by
the company .............. ISL, III A
Interest due and accrued... 3l.lS1 40
Total assets ............... So 4;,5.ol2l7
LIABILITIES.
Losses yet unpaid .......... Sl36,315.o0
Losses resisted ............ ll,9SGo 10
Amount of unoarned premi-
ums on all outstanding
risks Observation-Disclosures. / 500, 49,, 40
Reinsurance premiums ..... "A 90. I'll
ployes Observation-Disclosures. 2.d76. A.
Total liabilities ........... S2U6,. Oli2 -
INCOME OF THE COMPANY DURING
THi. YEAR.
Total premiums tor the year. 81 .,l2 IS
Interest receipts ............ Jo.19aa2
Received from home office. l56..sl IT,
Total receipts ............. S2d9S. HOOP
EXPENDITURES OF THE &C lPANY
DURING THE YEAR.
Losses paid Observation-Disclosures. $l,3SU. 924 40
Commissions paid to agents 45o l3l 90
Salaries paid to officers and
Taxes and fees to insurance
departments ............. 79,o46.1O
Printing and advertising. ls.4oS.41
Other expenditures .......... 1871, rs
RENTED to home office. 1GI ,GS93o
Total expenditures ........ S2.ll1 ,4iS,1S
Risks outstanding at the
date of preceding state
ment ...................... $41;i. G62 593. 90
Risks written since pre-
ceding statement ......... 36G677 ,2ss.W
Total risks .............. $500, 339. Ssh 90
Risks cancelled and ex-
pred during the year. ..... 81 l 4iS 90
$44S,S7l, ,O6OO
Risks reinsured during the
year ....'.......'.......'... sa.3l7,72so 90
Net amount OF risks in
force Observation-Disclosures. S:''i3 ,l... 90
COMPANY'S STATEMENT OF BUSI-
NESS TRANSACTED in THE STATE
OF SOUTH DAKOTA DURING THE
YEAR.
Premiums ON risks written. SG,o94S 81
Amount of risks written.... 36G, go 60
Losses incurred during the
year ACKNOWLEDGEMENTS. 2,I22. "A
Losses paid during the year. 4,7oO.14
Expenses OF company ...... >, lG:i 80
THE STATE or SOUTH DAKOTA.
Department OF Insurance.
Companys Certificate of Authority
Whereas Tho Phoenix Assurance Com
panN. Limited, corporation organized
under the lows of Great Britain. has
filed in this office II sworn statement ex-
hibiting its condition and business for the
year ending December 81. 1905, conform
able to the requirements of the laws
of this state regulating the business of
insurance; and
Whereas The said company has filed
in this office duly certified copy of it's
in compliance with the requirements Of
the Insurance law aforesaid;
Now, Therefore. L. John c. 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 agent
to transact its appropriate business OF
Fire Insurance in this state. according
TO laws thereof. until the :,1st day of
December y. ID. 1906
I'm Testimony Wh"leot. have hereunto
set my hand and official seal at Pierre
this LIST day of February. A. d. 1906.
tSea) JOHN G. PERKINS.
Commissioners of Insurance.
BY II. L. Wals"th, Chef Clerk.