Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1907-12-12

p0itAuoHS Oh lne state OF South DakO
pursuantto the laws thereof. PresideI
f. T. Secretary. Charles w. Camp j
corporatsd, Feb. 8, 1881. ReincOrpOrat
under Chap. 175. Laws 81 1883. Rel
corporated April II. 1902 under Laws
3. 1881. Home office. 3O5-3O7 300 Broa
& way. New York City. N. X.
/. CAPITAL. STOCK.
GAY Amount OF ledged assets
las per balance December
31st of previous year,. $4,869, III
II. INCOME s5.
Total premium income. $500. 1851, 1l2
Premium notes. loans or
Of policies a5.sss
Total interest and rent. 3l5, 766
Profit on sale or maturity
From Of Ledger s,ssr a sssss,.: s. ags
Total income .,.... s4.2as, 2s4
III. DISBURSEMENTS.
Net amount paid for losses
and matured endowments. $1,978,4 51
For nnnuitieS involving life
contingencies ....J.......... 1853
Premium notes, voided by
sa !4sss ysias, 5s s 81
Dividends to pplicyholders. a. 500
Paid for claims on supple
mentary contracts not in
volving life contingencies. rs 30
agents ..................... 2s7. 1858
Committing renewal commits
sions 80. 1896
Salaries and allowances for
agencies, managers, agents
and clerks ............... 9S.515
Agency supervision, travelling
and all other agency exc
Medical examiners fees and
inspection Of risks 1855. l7.o7s
Salaries and all other COM
pensation OF officers and
home office employees. 500. 74, 24S
Rent, including amount for
eonlpany's own occupancy. 1852
Advertising. legal expenses.
printing and stationery and 4
postage .-...........,: @ ls1.7oa
Furniture. fixtures and safe. 1888
Insurance. taxes. licenses M
and department fees. A, 581
on real estate ....,...., l2s.ss5
LOSS on sale or maturity Of
Al lfa ssnss a. aissur.smsn;s la atsa
Total disbursements .:.... $4,42s, 1855
~. LEDGER ASSETS.
incumbered .......'....:..... ss1s,ol.
Mortgage loans on. real esq sc
tate. first iens.....l.f...i.,s.S. ;ss03, 1O(
Loans made to policyholderes>
on this company's policies
esx:gned as collateral. 2,27O,37
force -. $50 .ss;
Book value OF bonds and
stocks \. y. 42e. 10
Deposited In trust companies
and banks on INTEREST,". 378 81:
Cash In company's office. ~
Cash in banks ........5......S,: So ~
Deposited with collecting
banks and bonded collect
A 81 balance. :..::::.:.. s ss;ss
Total ledger assess. !. J. i. N. 8, ees. 81:
NON-LEDGER ASSETS.
Interest due and accrued - $44, 40
Rents due and accrued .s..,... s2.37f
over hook value ...'.'.. 800 ,,.7ss
and deferred premiums 727, s5z
GfstS asTe assETs nor Ap Milf Sc
agents debit balances $3.50. $50. 65s
Premium notes and loans on
policies and net premiums. 374,O0G
Book valae of ledger assets s8s ~
over market value. Z. ....... 6,OOt
Total ..,.... ...... Sac, 81,
Total admitted assets !. ~. s4.as2, sss1
Net reserve q. ....... s4,o4s. eea
l. Pr6SeDt value OF amounts
not yet due on supplement-
airy contracts not involving "a G
life contingencies ......... $40
Total policy claims. ......... 783, BIT
Due and unpaid on supple
,mentary contracts not In
volving life contingencies. 5, 404
Salaries rents. office expens-
ss. taxes bills. accounts,
bonuses, commissions. ned f.
ical and legal fees due or
accrued OBSERVATION-DISCLOSURES. 1865
Dividends or other profits
due policyholders .......... 262
Dividends apportioned ...s. 2,654
Other liabilities ............ 48.2SS
Unassigned funds (surplus). 1O4,345
7 " n ''es''!'ss Or qnR4rs ;tsssss1
Policies on the lives of citi-
zens OF said state in force.
December RI of previous 81
year ACKNOWLEDGEMENTS. .$J6. 60 800
Policies OH the lives OF cits-
Gems OF said state issued.
revived and Increased dur
INK the year. ............ 1929
Total ......y..... -. ~. ST .545. 5s1
Deduct ceased to be in force
during the year............ 29.73e.2 es
Policies In force Decsm-
Der 81 ...l... $50, 6O8,27l
BUSINESS IN THE STATE OF SOU1
DAKOTA DURING THE YEAR 1905
Policies on the lives of citi-
zens of said state issued
during the year. .....t..... S343, G42
Losses and claims incurred
during the year. 1872. 1000
Losses and claims settled
during the year. :. ......a.. 1000
/ Policies In force.... CSC. OO4
Premiums collected 18,714
Expenses in South Dakota
!. e i.tts q 2lA
STATE OF SOUTH DAKOTA,
Department of Insurance,
Company,s& Certificate OF Authority.
Whereas, The Mutual Reserve Life
surance Company, a corporation orgs
lied under the laws of New York, h
fled in this Office sworn statement Z
bipiting Its condition and business
the year ending December 81, 1905, &C
formable to the requirements Of /
laws Of this state regulating the bu
ueSS of insllra ranLi. 1, nd .---