Kingsbury County independent. (DeSmet, Kingsbury County, S.D.) 1894-1929, 1909-09-24

ANCE
Organized under the laws of the State
N Pennsylvania, made to the %Insur-
ance Department of the state or
South Dakota pursuant to the laws
thereof President, 1. g. Fouse. sec
ted Dec. End, 1878. COMMENCED bust
ness Jan. 1st. 1879. Home office, 112-
lie No. Broad ST., Philadelphia, Pa
I. CAPITAL STOCK.
Ledger assets, December ,oo orr ..
81 1907 RI INCOME. si4''sS'S'''S
Total premium incomes 4,529,029.32
(c) Consideration for sup
Elementary contracts not
Involving life contingent
Dividend left with the Co.
to accumulate at int. >. 1,60s.9s
Total interest ;. /. IS 788, 1855 IS
PROFIT on sale or maturity
of ledger assets -. -. 3,SS0.2S
Increase in book value OF
ledger assets :. -. -. 4,SI9.6c
From other sources -. -. 66,69S.2t
Total income -. IS 5.428,OS8.9s
III. DISBURSEMENTS.
Net losses and matured
endowmentS -. =. ..$ l,3i5,4494o
For annuities involving
life contingencies -. 3~,2SO.o5
70 accnmnIate I'M. 49,. 1,6O9.99
Surrender values . 3. 450,914.39
Dividends to policy hold
PAID for claims on supple
mentary contracts not in
volving life contingent
settlement of policy claims 7I3t2A
Commissions to agents -. 09.033.15
missions 49,. . -. -. 1,576.9S
etc. 112,391.57
Agency supervision, trav-
cline and All other agen-
cy expenses -. . 4. 5O,979.45
and inspection Of risks 4S,5Ss.4O
home Office employees 1sS,72O.9o
ny's own c~ccuoancy 30. 55,7s4s3
Advertising legal expenses,
printing and stationery,
and postage -. -. =. 67,554.lh
Furniture. fixtures and safe 3,759.06
and denartment fees :. 6s,9sS,32
Taxes. repatrs and expenses
on real estate -. -. 7S,102.S9
Loss on sale or maturity Of
ledger assets -. -. 1,02S.19
Increase in hook value of
ledgnr assets 60. -. 80. 1O4 'N".H2
All other disbursements 11.67S23
Total disbursements ...$ 3~,169,S22Ss
Balance ..$r7 n57.13S.S7
w. ''HNFHP ASSETS
HOOK van" ~ VOC ""'9F".S l,554,ou4'tH
tate 2~.979.7S4.oS
Loans secured 17S,281.59
Loans made to 'olicy hold
Premi"r" notes on policies $4,000,
BOOB valve of bonds and
AMI etNchs j.. -, :. 6,47511C.l6
DeOoeitHd IN t~ust compa-
Cash IN comrany's o@co S55.16
balances -. -. -. =. 463,o5561
-
NON-LTDGrp ASSETS
Interest due ard accrued s. 232,2S6s2
Rents due and acc"nod $4,000
Market valve Of real estate,
over book value -. 51,695.S2
Uncollected and deferred
premiums -. j.. -. 1856. 33S.S7
---.
DEDUCT ASSETS NOT ADMITTED.
Agents debit balances IS 452.S2A77
Bills receivable +. .. 12,993.03
Premium notes and pans
iums =. 1O4.4s0.79
Book alu of ledger assets
over market value 63,O9S,46
rota, : coo 900 oE
ioldl 49, - -. .''S oooto'G.Vo
- !. LiABIL1T1Es
Net reserve .$1S,o55.741.oo
not yet dive on supple
not involving life contin-
gencies -. ... (. 209 1882
Liability on policies can
Gelie9 ,oS'Sg4'e2
Iotai poHcy CLAIMS iZS,oll'fo
Due ara unpaid on supple
epdsihs iHe cohtihsen- ,son M
Premiums naia in ADVANCE
includinp srrrender val,
ues so appIied -. 752oo 90
Dividends left TO accunu-
late ~ 1s341a
COMMISSIONS due agents 1s69411
SALARIES Rants Office az
penses taxes hills, ac-
counts horusas commits
sions nsedicaI and legal
fees due or accrued 20 eas 80
rrnearned irt and rent Maid
in advance 10 sos 70
Dividends or other nroAts
due Motley holders 124eSa
Dividends annortioned ASst asa tx
ITnassignea funds o03 c5s %
@