Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1907-07-25
ANNUAL asTATEMEs N'T
For the Year Ending December 3lst,
\ A. d. 1905,
OF the conditions and affairs OF the

" .ss83 ass II. ID. 1905, ssssf
OF the conditions and affairs Of the
G PHENix INSURANCE COMPANY,
Organized under the laws OF the State
of New York, made to the Commissioner
Of insurance OF the state os South i)a-
President, Geo. r. sheldon. Secretary,
Chas. F. Roster. Incorporated Sept.
70. II 1854 Commenced Business, Sept. 70.
1853 Home Office No. 1G Court street,
City Of New York, N. Y.
l. CAPITAL STOCK
amount of capital paid up in
ta amount Of ledger assets Is Aoo0ov
tas per balancel December
Slst of previous year. ...... 1888, OILS. % y
tbl Increase OF paid up capital
during the year. .............. 500, 0OO. 90
IL. INCOME. 81 i
Total premiums (other than
perpetualS) ..................$616 6, 95S.25
Interest received ........... 3l5, SOC. u
Gross rents from company's
property, including amount S
for company's own occupant
Profit on sale or maturity Of
ledger assets ................ 81, SAIL 90 f
From all other sources. ....... 1,70O,026.72
Total income 1921, o7I9s
Ill. DISBURSEM1 s.
Net amount paid for losses. So oil, 52O. rs 4
Paid stockholders for interest
or dividends ............. 200, 10000
Commissions or brokerage. ~. 1,2o5, 539. III
Salaries. fees and ali other
charges OF officers, clerks,
agents and other employees. 456, 561. 20
Rents including amount for
company own occupancy. 00,9iO.49 3
Repairs and expenses (other
than taxes on real estate. l5,651o2
Taxes, licenses and insurance
department fees ...........,. 164, 57S.18
Loss on sale or maturity Of
ledger assets ............... 10, 141.28
All other disbursements ...... 56S, 5000
Total Disbursements IS, s73, os2ss
Balance .........,... ,7s1. 007.s3
~. LEDGER AS 'ETS.
Book value of real estate unin-
numbered OBSERVATION-DISCLOSURES. $401, 404, 80
Mortgage loans on real estate
first liens ......4..... 9.4..ss 4s,ooo.o0
Loans secured by pledge Of Il
bonds. stocks or other col
BOOK Value Of bonds and 0'000''
stocks, exncluding interest,". s 1920, 1875. %
Cash in .company's office. -. 655.25
Gasn IN b PAX 9ss a2 %
Total ledger assets. 1878 ,oo7.ss
NoN-LEDGER ASSETS.
Interest due and accrued..... S6.sB915
Rents due and accrued. ....... 3,19664
Total Observation-Disclosures. $l0os5. 10
Market value of real estate.
over book; value .5...z,...,.... 1856 $50. 81
stool. stocks over book value. -. 5so5es.7s
Other non-ledger assets.....l 63,OS3. 80
! Gross assets SO, sol, 321 40
DEDUCT ASSETS NOT ADMITTED
Total admitted assets, ~. J. ST. 01 ,32l 40
| W. LIABILITIES.
Net amount of unpaid losses
and claims .....r..s..s.s....i.. S37 4,SOS.22s
Total unearned premiums ....5.. $500, 1903 10
ance premiums |. ......,........ 9,5ss.21
Due and to become due fo!i
borrowed money .17........... 7oo,0Oo,o0:
Total amount of all liabili-
ties, except capital. So, 374, 497 SO
Capital actually paid up in
Surplus over all liabilities. 1e26s2s 81
Total ..............,.. 50, sol 321. 40
VI RISKS. s
In force on the 31sr day
of December Of previous
Written or renewed during 70 81
the year ................. 6o5, 13s. 10000
Total ..........,. Z. :. s1,552, 547 .o94oo
Deduct those expired and
marked off as terminated go, 0O9,597,O0
In force at the end of the
Deduct amount reinsured. &c, 603 364.O0;
Ne: amount in force 1868 934 1890
BUSINESS IN THE STATE OF SOUTH
DAKOTA DURING THE VEAL. 500.
Risks written Observation-Disclosures, GAG, 727. 90
Premiums received ........... 45,S36.14s Z
Expenses incurred ............ IL, 633.76
Losses paid ....S4 ....l......... %, 43574 4
Losses incurred .............. aD,347.71
Amount at risk .......s........F, 701, 1870
STATE OF SOUTH DAKoTA,S
Department of Insurance.
Companys Certificate of Authority.
Whereas, the Phenix Insurance Com
pany, a corporation organized under the
laws of New York. has filed in this office
sworn statement exhibiting it's con-
6ition and business for the year ends
ing December 81, 1906. conformable to
the requirements of the laws of this state
regulating the business of Insurance.: and,
Whereas, the said company has filed in
this office a duly certified COPY Of its