Sisseton Posten. [volume] (Effington, Sud Dakota [S.D.]) 1902-19??, 1909-11-18

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ANNUAL STATEMENT.
For the Year Ending December Sfst,
Df the Conditions and Affairs OF the
NEW YORK LIFE INSURANCE COM
PANY
Organized under tho laws OF the State
Of New York, made to the Insurance.
DEPARTMENT Of the state OF South
Dakota pursuant TO the laws there
Of. president, Darwin ?; kingsley:
Secretaries, John G. Mccall: seymour
NJ Ballard Incorporated. iS4l; Com
mencod business, lS45; Home office.
$40 Broadway, New York City. n. Y.
I. CAPITAL STOCK.
Ledger assets December
o. ''V II. INCOME.
Total premium income .-NtS, tS,41N,9@oso
Co sid ration for sup
Elementary contracts not
Involving life contingen-
Dividends left with com
pany to accumulate In
terest ..+.. s'Ss
Total rent ...l... ........ 1.o3?. 1885
Profit on sale or maturi-
" OF ledger assets -. 2'.6So.lS
Increase In book value or
ledger assets lso'fif'is
rFP% TSi, p}s:s ,s:sm. sources ss.,,s,s
Net losses and matured
END wmNnts .. 49,. .S2s.5o1sll.S
For nnuitisS involving
life contingencies 80. 1,7"q ~
ssr4snG.2 ss,tlc%sT ysl.. Of rg'y o'.m'
pividcrds 20 policy holders S.o42 'Ss%4a
Paid for claims on sup
plctreutary contracts
not involving life con-
tlnEcnCies .., ..... NJ
Commissions to agents :. 34S5,2t9.7o
mi MI i6ns i -. s2.7teII
ssisi as and allowances for
agencies. managers, aE-
ents and clerks 90. -. 1890
Agency supervision. travel
ing and al other agency
expenses. etc ... 49,. 81, 2,22Z.zI
and inspection Of risks soo,6s7.e5
hone onice employees -. I.tOl. .672.os
Rent. including compa-
pauys occupancy ... lI.ltZ.si
Advertising, legal %xpen-
ionery' and posiage =. 57o.1ol27
Furniture, fixtures and
fees r. -. -. 49,. ls.sasss
ses on real estate -. l.2sSasLss
Of ledger assets 3rea
Decrease IN book Value Of
ledger q sets ... 49,. 24o ~ SO
All other disbursements S.923.4b
Total disbursements .tGol72.oos ga
Balance a.. s545.o45, 7O3.l AZ
". LEDGER ASSETS.
Book value of real estate sl2.6l5, 800 81
Mortgage loans on real es-
Loans secured by pledge
Loans a,ade to policy hol-
Premum>notes on policies
Book value of bonds ...377. .ols.lS2.1s
Deposited in trust compa-
mics and. banks on in
Cash u cnmpany's branch
Agents balances 80 -. i.asi70
Total ledger assets s545.si5, ,7o3.+2
NDN-LEDGER ASSETS
Interest due and accrued. 6.0t622S.t2
Rents due aud accrued l6.62o@2
Uncoioctcd and deferred
premiums &C.. fild's'Zes
Gross assets . 49,. s55a.422542o5
DEDUCT ASSETS NOT ADMITTED:
Book value of ledger assets
over market value 49,. 2.ool .53ll7
Total . o.. IS 2.lss.s72li
Total admitted assets s557. .2ss. .G707s
Net reserve ~. ;4ss2Oo. o.+il.ot
Present value of amounts
not yet due on supple
mentarv contracts not
cies ... ~ 80. 80 -. 2.3Issso.2,
csUed 49,. 49,. ...t t...... 2s7ss1.St
Total policy claims 49,. 3.3b5.s7i.Si
Due aud unpaid on supple
uentary contracts not in
volVing life CONTINGENCIES
and dividends lctt with
Premiums paid In ad-
vance, including surren-
der values so applied Sl2.SsS.1.
Commissions TO accrts 5s,I5s.s;
| Unearncd interest aud rent .95o.2t27l
Salaries, rents, Office ex-
pensrs taxes. bills med
teal and legal fees duo
or accrued ... ... 9J2,S23.5i
RCScrr fund 49,. ... b.. 12.OIS. .24+S|
| ri DividDds or other prof
see 'ue policy hoidcrS 4l2.6l7.7t
! Dit ds apportioned 74,7s44s6.1 II
ptner liabilities 49,. ..... 1.os5.s51.ol
| Total liabilities S557. 2SG.670.7'
| VI EXHIBTT or CERTIFICATES
| Policies in force December
Policies issued, revived &
| lncrcas@d -.- .-- ..- l9a.siO, Sb.
Deauct R,a' ceased to be ia
POLICIES in force p4cen-
bor 3l. 1905 1908. 60,
SOUTH DAKOTA BUSINESS DUhINC
YEAR 1898.
| Policies issued ; 52s.0S9 o'
Losses and claims incurred 29,s99.9
| Losses ard claims settled 32.31S.s'
| Premiums collected .. 30b, 705 81
| Expenses ... -.. ..+ .... Z2'53' II
STATE or SOUTH DAKOTA
Department of Insurance
| Company ter'iticate of Authority.
Whereas. The New York life 1ns
Co. a corporation organized under th'
laws Of New York, has fled In thii
ONCE sworn statement exhibiting II:
| condition and business for the yea
| ending December 81 eos. contormabl'
| TO the requirements ~ The laws OF this
state regulating the business of insur
| ance and.
whereas. The said company has 6lec
| I'm this office a duly certified copy ~ III
\ charter, with certificate Of organiza
| tion, I'm compliance with the require
| ments ~ the insurance law aforcsaid
| Now therefore, l. o 5 Ba sford, Com
| missioner Of Insurance of the state o
| South Dakota, pursuant 10 ~" r"0V's
| Ions ~ saif lave 'n t.rei r "cr' li
| tff g.. above Us'fu'..i co. strv is ifst'
| pr Vercg throu.m ts thurizc1 ar
! tfe g.. tcausgsi ifs apirf fifdtc buSl