Golden Valley chronicle. (Beach, Billings County, N.D.) 1905-1916, 1908-06-19
ABSTRACT OF STATEMENT


ABSTRACT OF. sTATEM]
For the Year Ending Dec. 31,A.
OF the condition and affairs of IL
gan Millers Mutual Fire Inns. Go, of
Mich. organized under the law of I
of Michigan. made to the Commits
Insurance of the State Of North +
pursuance of the laws of said state.
President O.G. A. Voigt I.
Vice President Robt. Henkel
f Frinctpay ONCE a 40 q ott s"Hsr St.
Attorney for service in the .
North Dakota;
Commissioners OF Insurance,
bismarck n. ID.
Organized or incorporated
Commenced business
BALANCE SHEET Dol
Amount OF Net of Invested
Assets December 3lst Of
previous year
IL INCOME DURING YEAR 1906
Gross amount received
during the ycar from
business written in
l@o7, including notes
and cash 406.7a,.l9
Total 490. 185.l9
Entire premiums col.
lcctcd during the year 49,, 785.l9
Deduct reinsurance, re.
bate, abatement and
return premiums 249.OA3.97
Net amount actually re-
ceived for premiums l7,89l.s2
, Received from assess
mcnts on deposit notes
OrcOntingent liability
Without deduction for
commissions or eXpen.
ses, III, 4SO.;1e
Rents from Company's
property, including
for COmpuny's use OF
own buildings ($9O.M
Interest OH Real Estate
Mortgage Loans, $3,95i.
Ol: on ct her collateral
loans $lt;2.OS
Interests and dividends
on Stock and Bonds,
$l9,59:,.lS: from all 9TH
err sources, 81, 99:sa.6l
Total Rents and Inter-
eSts, $28.17I.7S 2s.s7l.7s
Profit on sale or MATURE
ity Of Ledger Assets
during the year over
book values l,736.7O
Total Income during
the year ls.1:D.29
Total FoOtings
iii DISBURSEMENTS
DURING THE YEAR
| Gross amount paid for
losses tincluding SO.
3ss3.!N occurring In pre-
NiOlS ycarSl 2sS,S51.iS
| Deduct NllOut received
| for SalvageS ton losses
! Of the last or previous
| years. $lil9.38: and
| from reinsurance in
! other companies, 81,
G8.I9 1882 80
Net amount paid dur
ing the year for losses 81, A46.&l
Commission or broker.
age to Agents 3i,24l.4 40
Salaries, Fees and all
other charges, Officers
| Clerks, other Em-
! Taxes on Premiums, 81,
| 2I5.5O; on Real Estate.
| lA.O3; on OF her Invest.
| ments. $aO62.iO
lns. dept. Fees aud
| Agents Licenses. $5I7.
! %; Municipal Licen-
| SEES, $2l6.l0 7,lt5.42
| Rents lincluding for
| Compnny's use OF own
buildingsD $2il.3I .4l.S6
Advertising, Printing
and Stationery, 1913.
@: Legal Expenses.
1885: Furniture and
Fixtures. $lOl3.9}; Mis-
celIaneous. llslD6.o2 l7,o22.sS
Losses OH Sales or ma
turity of Ledger As
sets, other Disburse-
ments. viz; Premiums
on Bonds and Mort.
cages purchased 3,9.2.W
Total Disbursements
during the year
! Balance
~ NON-INvEsTED ASSETS
Interest due, @Aal.aO:
| ACQUIRED, $l2.7la.79 l3,OaO.229
vaiuei l,ses,M5.sl
Market value of Bonds
and'StOcks over Book
Value, 1901. 90
Total Non- Invested AS
sets
| GROSS ASSETS
V I4EDlER ASSETS
IA, Book Value Real
Estate tSchedule A,
| Unincumbered, &60N 6,NN.OO
MOrtage Loans on
Real Estate tSchedule
b First Lien, $l22EO l222,33jO.W
Loans secured by pledge
| of Bonds, Stocks or
other COllaterals. per
Schedule 9 $4,000
| ta) Book Value of Bond,
excluding interest,
$l4675O.55: and Stocks,
$500 (Schedule d. 449,1l,55
Cash in Company's
office, l455O.OO; deposit
ed In Bank, $l2y775.79
II tName Banks and A.
mounts l27a25.7s
Agents Debit Balances,
S4775a.92 47,7ee.e2
Total 80, HjB. "
Deduct ledger Liabili-
ties (Cash Guarantee
Deposits 65.a58.ss
| 0QO, 800. SO
STATE OF NORTH DAKOTA,
OFFICE OF COMMISSIONER OF INsUl
l. f.. 9. COOPER, Commissioners
nnce of the State of North Dakota
by certify that the foregoing Is
stract of the original statemen,
file I'M this office.
In testimony whereof. I have
set my hand and affixed the Sc
Office ut Bismarck the LIST day of
1893.
f.. g. Coop
Commissioner of
STATE OF NORTH DAKOT
OFFICE OF COMMISSIONER OF INeU
COMPANY's CEKTIFICATE OF AU1
Whereas. The Michigan Miller
Fire lns. Co., OF Lansing. Mich.