The Miller sun. (Miller, Hand County, S.D.) 190?-19??, 1907-07-27
ANNUAL STATEMENT
For the Year Ending December 31st
A. ID. 1906.
OF the conditions and affairs of the
ROYAL INSURANCE COMPANY,

sioner of Insurance of the State of
South Dakota pursuant to the laws
thereof. Managers, Law Brothers, Chi
cago, ILL., Incorporated, May 31st, 1s45.
Commenced business in u. S. in 1851.
Principal Office in u. s., No. 90 Wall
street, New York city.
l. CAPITAL STOCK.
Statutory deposit ............ $685., 10000
Amount of ledger assets las
per BALANCED December 31st
of previous year. -, 404, I9l.24
IL. INCOME.
Total premiums (other than
perpetuals) ................ 1O,159, Gos.s4
Deposit premiums on perpet-
ual risks gross .......... 552s9
Interest received ............ 19S, 1I4.S3
Gross rents from company's
property, including amount
pancy ..:................ 165.41443
Received from home Office. 4,1S0.5440S
Total income ............. .S14 703, 69317
III. DISBURSEMENTS.
Net amount paid for losses. STOP, 43
Deposit premiums returned. 1O,S5S24
Commissions and brokerage. 2,140,9SO64
Salaries, fees and all other
charges of officers, clerks.
agents and other employees. 1896, 537. SO
Rents, including amount for
company's own occupancy. oil, $50
Repairs and expenses (other
than taXes) on real estate. S9,6I49S
Taxes. licenses and insurance
department fees ............ 20O,71SO2
RENTED to home office. see. I4,341.26
All other disbursements. 800. 300, S4317
Total disbursements ...... $40, 346, s7295
Balance $12, 761, 611. AZ
w. LEDGER ASSETS.
Book value of real estate UNI
incumbered ................ So, 269, 12I.9O
Mortgage loans on real es-
tate, first liens ............. 77s,6O0.OO
stocks, excluding interest y. 5,o55, 1888
Cash in company office. ~, 10000
Cash in bank. ................ 2ISo,Zioi9
Agents balances ............ S6l,ooioS
Total ledger assets S12, 761, 611.46
NON-LEDGER ASSETS.
Interest due and aCcrued.... SGT 1884
Rents due and accrued ...... 3,IS39I
Total ...................... $71,5S7.s1
Market value of bonds ana
stocks over book value..... 6I,22lOl
Other non-ledger assets. 77,634.S2
Gross assets $40, 97S, OO516
DEDUCT ASSETS NOT ADMITTED.
Agents balances ........ 500, 1896
Total $50, 439 65
Total admitted assets. ST., 93s, 1863 81
V. LIABILITIES.
and claims ................. $73s, 1865
Total unearned premiums -. 9,424,2 9o 80
Amount reclaimabe by the
insured on perpetual fire in
surance policies ...........: 1l9.94ST
Net premium reserve and all
other liabilities, except CAPT. $1,000 -,
tai ....-........... ......... oo,oooV
Salaries rents, expenses, tax
es. bills, accounts, fees etc.,
due or accrued. ............ %, 45O.6I
Commissions, brokerage and
other charges due or to be-
come due to agents and
brokers' ...:.....''..' '....' <o'ooi''
surance premiums ......... 1S2, 25165
Total amount of all liabili-
ties. except capital SIC, 622 800 81
Surplus over all liabilities. 2,3lo,1l463
Total .$12, 93S, 81
vi. RISKS
In force on the 31st day
year ................... 81 o12, Os3, 214.92
the year ................. 1856, 4s3, 817.s7
Total .................S So, 1867, 500. S3279
Deduct those expired and "
marked off as terminated 6SS,62l ,2Ol.2S
wear lar 81 CTS, 945, 631 81
Deduct amount reinsured.. 143G41,92oH
Net amount IN force. iOo'ot
BUSINESS IN THE STATE OF SOUTH
DAKOTA DURING THE YEAR 1906.
Risks written ............... Sl,l9S,3O3ol
Premiums received ......... 1G,ISO96
Expenses incurred ........... 4,9OO55
Losses paid .................. 4,OZt49
Losses incurred ............. 6,4O6.2Z
STATE OF SOUTH DAKOTA.
Department of Insurance.
Company's Certificate of Authority
Whereas, the Royal Insurance Com
pany, a corporation organized under the
laws of Great Britain, has filed in
this office a sworn statement exhibiting
it's condition and business for the year
ending December 81. 1906, conformable to
regulating the business of insurance; and,
Whereas the said company has MED
in this ONCE a duly certified copy of its
charter, with certificate of organization,
in compliance with the requirements or
the insurance law aforesaid:
Now, therefore, |, o. S. Basford, Com
missioner of Insurance o. the Sta., or
South Dakota, pursuant TO the provisions
of said laws, do hereby certify that the
above named company is fully empow-
cred, through its authorized agents. to
transact it's appropriate business of Fire
Insurance in this state, according to the
laws thereof until the thirty first day of
December, A. ID. 1901.
In testimony whereof. | have hereunto
set my haiS and official seal at Pierre,
this 10th day of February, A. d. 1907.
(Seal) o. s. BASFORD,
Commissioner of Insurance.
BY /. A Gel BERT, Chief Clerk.