Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1908-06-20
ABSTRACT OF STATEMENT FOR THE
YEAR ENDING DECEMBER 81. 1907,

Of the condition and affairs of the Provi-
dence. Washington Insurance Company. of
4 Providence, organized under the laws of the |
state of Rhode Island, made to the commits
sioner of insurance Of the state of North
Dakota, in pursuance Of the laws of said
state.
President, ]. B. Branch.
Vice President, G.. d. Dunlop
NJ Secretary, A. G.. Beas.
Principal Office, Providence, R. ].
Attorney for service in the state of North
Dakota:
Name, Commissioner of Insurance.
Location, Bismarck, N. d.
Organized or incorporated, 1893.
Commenced business 1899.
Amount of capital stock paid
up in full ...s....... S 500, 600. 90
ASSETS
United States stocks and bonds S AZ 300. 90
Railroad bonds and stocks ~. 784 ,668. 90
State, city, county and other
s bonds ............. 502, 9S2. 90
Bank stocks .....,....,.. $3.50. 343, 000. 90
s Other corporation stocks ..... 453 ,747.00
Cash on hand and in bank. 1879, sl8 so
4 Interest due and accrued $1,000. 10, 1872. 90
Premiums in course of collec-
ton and transmission 80. 33T, 1854 40
Bills receivable, not matured,
taken for risks Il. zoos 90
Unidentified assets .,........ 341.255
Total assets .,......... ~. So, 6ss, 4os. o5
IA LIABILITIES
Z. Gross claims for losses adj
justed and unpaid ....3.;.... "a ,442. Sc
Gross claims for losses upon
which no action has been
taken ~ 80. ......5. 2s5,7s1.7s
Losses resisted BY the company 1883. "a
Total gross amount of claims
5354t tor losses S72 ,60S .lS
Deduct reinsurance and salvage
claims thereon ............ 1853, 461. 63
Net amount of unpaid losses 214, JAG. 80
Amount of unearned premiums
on all outstanding risks -. 1897, 4ss. Al
Total liabilities i......... 81, 91l, 1874 81
Premiums received during the
wear in cash .........,. So $40, 464 IA
Interest and dividends received
during the year 800. -, s9,25o. rs
ESTABLISHMENTS W -
Losses paid during the year J. 81 $50, 142. "a
Paid for commissions and bro
kerage ......... ......... 44e, s79. So
Paid for salaries. fees and
other charges ......5.l...... IT'S, $50. 56
Paid for taxes EXPERIMENTATION. Ga, 5SS .63
Amount of all other disburse-
ments ......... .......... lat, 1897. 90
Total disbursement ........ So ,os4, 1885. IL
NORTH DAKOTA BUSINESS
Total risks taken during the
- year 81 ,O96, DAD. 90
Total premiums received during
the year =. 800. 10, 4SU.4S
Total losses incurred during
the year .................. 20, 470. 20
Total amount of losses paid
during the year 49,. 20, $50. S3
STATE OF NORTH DAKOTA,
OFFICE OF COMMISSIONER OF INSURANCE.
J., f. y. Cooper, commissioner of insurance
of the state of North Dakota, do hereby
certify that the foregoing is a true abstract
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
at Bismarck the LIST day of May, "a. ID. 1908
E. G. COOPER, 5
S (sEAL) Commissioner Of Insurance.
STATE OF NORTH DAKOTA,
OFFICE OF COMMISSIONER OF INSURANCE.
coMPANY's CERTIFICATE OF AUTHORITY.
Whereas, The Providence Washington In
surance Company of Providence, R. l., a
corporation organized under the laws of
Rhode Island, has filed in this Office sworn
statement exhibiting its condition and bust
ness for the year ending December 81, 1907,
comfortable to the requirements of the laws
of this state, regulating the business of in
surance, and
b Whereas, The said company has filed in
this Office duly certified copy Of its charter
with certificate of organization in compliance