Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1908-06-27

ABSTRACT OF STATEMENT FOR THE
YEAR ENDING DECEMBER 81, 1907,
OF the condition and affairs of the Hart
ford Fire Insurance Company, of Hartford,
organized under the laws Of the state of
Connecticut. made to the commissioner Of
insurance Of the state of North Dakota, in
pursuance of the laws Of said state.
President, George +. Chase.
Vice Presidents, Chas. E. Chase and R. M.
Bissell.
Assistant Secretary, Thos. Turnbull. 4
Principal office, Hartford, Conn.
Attorney for service in the state of North
Dakota. W
Name, Commissioner Of Insurance
Location, Bismarck, N. d.
Organized or incorporated May, 1870.
Commenced business August 1910.
CAPITAL
Amount Of capital stock paid
3 q ~ ASSETS u ~ 80
Value of real estate owned by
the company .............. 81 ,OS5, lS7.75
Loans on bonds and mortgages 534, 900 90
Railroad bonds and stocks II OLE, 300. 83
State, city, county and other
bonds ....l..... .......... 5SO ,229.5 O
Bank stocks ..i...;... $780,. s87, 764. 90
Loans on collateral security 101, 000. 90
Cash on hand and in bank 1878, 677 IA 4
Interest due and accrued $50. 157, 774 .92
Premiums in course of collec-
ton and transmission 1857, TOY .13
Rents due and accrued 1890 /, All SO
All other sums due to the COM
pany ............ ........ 20, $50. 81
Total assets SIS, sso, eos "a
LIABILITIES
Gross claims for losses adj
justed and unpaid ........ S 324, 472 80
Gross claims for losses upon
which no action has been
taken ...... ............. IT'S, 091. 9s
Losses resisted by the company 90, 527.76
total gross amount of claims
for losses ............... ST, aoa, oss. 7s
Deduct reinsurance and salvage
claims thereon ....... 102, 485. 81
Net amount Of unpaid losses 81 ,099, 6O6. 81
Amount of unearned premiums
on all outstanding risks 49,. II, 1856, 769. 8S
Due for return premiums 29s, SIC. so
Due for commissions and bro
kerage ........... ........ 374, 900. 10
Total Liabilities .......... .$1s, 1859, 15s. SO
RECEIPTS
Premiums received during the
year in cash ............. $14 ,481 1875. 26
Interest and dividends received
during the year ........... SOC, s4s. os
Rents received during the year GA, 1872 20
Amount received from all other
sources 50 ,164. 81
Total receipts y. !. &. I. SIS, 14s, e7s. As
Losses paid during the year Sc, se1, 4s5. s5
Dividends paid during the year SOC, 054. 81
kerage ........... ....... 1890, 379 .43
Paid for salaries, fees and
other charges ........ -. LAS ,26s. SO
Paid for taxes 439, 4O7. 81
Interest and borrowed monev
repaid ............ i, 1871, 571. 80
ments 1890. .......... s44, 57e IA
Total disbursements !. II. .sl4, ols $3.50 .2e
NORTH DAKOTA BUSINESS
Total risks taken during the
Total premiums received during
the year liz, S.26
lotal losses incurred during
the year .......... Va, $50. VI
Total amount of losses paid dur
ngsSthe year ............. 1888. At
STATE OF NORTH DAKOTA,
OFFICE OF COMMISSIONERS OF INsURANcE.J
/, E. c. Cooper, commissioner of insurance
of the state Of North Dakota, do hereby
of the original statement now on file in this
office.
In testimony whereof, have hereunto set
my hand and affixed the seal of this office
E. c. COOPER,
(sEAL) Commissioner of Insurance.
STATE OF NORTH DAKOTA,
OrFIcE OF COMMISSIONER OF Insurance..
coMPANYs CERTIFICATE OF AUTHORITY.
Whereas. The Hartford Fire Insurance
Company OF HARTFORD, Conn.,. corporation
organized under the laws of Connecticut, has
filed in this Office sworn statement exhibit
ing its condition and business for the year
ending December 81, 1907, oonformable to
the, requirements of the laws of this state,
regulating the business of insurance, and,
6 Whereas, The said company has filed in
this Office duly certified copy of its charter
with certificate of organization in compliance
with the requirements OF the insurance laws
aforesaid;
Now, Therefore. I, E. c. Cooper, COM.
missioner of insurance Of the state of North
laws, do hereby certify that the above named
company is fully empowered, through its au-
thorized agents, to transact its appropriate
business of fire insurance in this state ac-
cording to the laws thereof, until the 31st
day Of December, A. D. 1908.
/ In testimony whereof, have hereunto set
my hand and seal at Bismarck, this gath day
of February, A. D. 1908.
s E. G. COOPER,
(sEAL) Commissioner of Insurance