Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1909-11-04

ANNUAL STATEMENT.
l'l the Year A. hi D. i5os p''*ns'r s1.t'
9t the Conditions and Affairs of the
PACIFIC MuT cDMp t5EE INSURANCE.
Of California, made to the insurance
DEPARTMENT of the State Of South
P PakGds pur cuara to the laws thereof
tary, G. J: D. Moore; Incorporated De-
G isn sss Is, . 1851; cemmeneed business
sts., Los Angeles, California.
l.. CAPITAL STOCK.
Capital paid in cash -. IS 1,O00. OOO.O0
Ledger assets December 81,
IL INCOME. fo'' =
Total premium income s. 3,94T,93S
(c) Consideration for sup
Elementary contracts not
involving life contingent
Total interest ~. -. >. 6S1416.46
Profit on sale or 3r' maturity i'1'
From Of s s'zsf s ssaSss. , tssss.s
Total income ~. IS seas, l24.2s
Paid for losses and matur-
ed endowments " ...$ 927,963.80
For annuitfes Involving life
contingencies -. ;. 10,726.13
Premium notes and liens
voded by lapse -. -. 77.5S3IS
surrender values 306. 123.94
Paid for claims -. :. :,0I3.OO
Paid stockholders for inter-
est or dividends -. -. 100000
Commissions to agents >. 30904.90
State taxes on premiums ;. 38.734.29
agencies, managers etc. 7,127.25
Agency supervision, travel
Ing expenses etc. -. ). 2e.ss4s4
Medical examiners fees &c
inspection OF risks -. 32,9S9S4
home ONCE employees -. 1ss.5so57
nys occupancy -. ..... 2e.lf747
Advertising, legal expenses,
and postage !. -: -. es.sss.22
Furniture, fixtures and safe 319.o1
and department. fees -. 7.1o2.e2
on real estate =. ~: 22,ol4es
Loss on sale maturity OF
ledger assets ...... 1888 20
All other disbursements 957,71S.29
Investigation and settle
ment OF claims ...s -. 4,4S5-71
Total disbursements ...s s,S02,s45.O5
Balance :. =. I. .s13.as44s2.2s
Book value of real estate S 41,901.30
tate -. 5,so5,5o7os
Loans secured -. -. -. 329.21O.43
Loans made to policy hold
Premium n IN; notes on policies l's''s.e
Book nk Vail Value of bonds and
Deposited eosns il, trust compa- $780,
MES and banks on inter-
Cash in companys office =. 1S6,0O5.71
Warrants reclaimed ..... 2461S66
Bills receivable -. -. 2,88213
Total ledger assets u. S15.284, 4S2.28
Interest due and accrued s 1so72o.2s
Rents accrued -. :. -. 405.00
Market value Of bonds and
stocks over book value. 37117.93
Uncollected and deferred
premiums 536,3l l.5l
All other assets -. 80. -. 191,660.68
DE sHS5 aSs HssBTs NOT HDM1TTED
Bills receivable -. ..... 2,882.13
Premium notes and loans on
policies and net premiums 3O,926.O0
Book value of ledger assets
over market value ..... 79,OS1.9l
Total -. ...s 112,s90o4
Total admitted assets SIG. oo7s.71
". LIABILITIES;
Net reserve -. -. $13, 8l5,S71.69
Present value OF amount
not yet due on supple
mentary contracts not in
fS;s ps, If sis%: sssss'5
Premiums paid In advance,
including surrender val
ues so applied -. ...... 1904 20
Commissions due agents 2,275.23
Salaries, rents, offce expen-
ses. taxes. bills. accounts. ~
bonuses, commissions,
medical and legal fees due
or accrued ls,Oo545
Taxes on premiums So. ss,1s.oe
Unearned int and rent ;. 33,25535
Dividends anportioned 7S,33264
other liabilities -. $50. 46os3642
Unassigned funds tsurplus) 532,s441s
Total liabilities -. ..s16.1ooo73
VI EXHIBIT OF CERTIFICATES
Policies in force December
Policies ie 0 ISSUED during the he
year lU,aSs.l15UO
Total -. -. -. .si23,s12,524oo
during year =. 80. 1s,sos,645.oo
Policies in force Decem-
sourH DAKOTA Bus1NEEss DURiNG
YEAR 1908.
Losses and claims incurred S 100000
Losses and claims settled. 1910 90
Premiums collected -. :. 2,411."5
Expenses 80. -. .... ls+12
STATE OF SOUTH DAKOTA,
Department Of Insurance.
Company's Certificate of Authority
Whereas, the Pacific Mutual Life ms.
Co., corporation organized under tho
laws Of California has filed in this Of
fee a sworn statement exhibiting its
condition and business for he year
ending December 81. 1908. conformah,e
to the requirements OF the laws Of this
state regulating the business OF insur-
ance: and.
Whereas. The said company has filed
in this office duly certified copy Of its
charter, with certificate of organiza-
ton. in compliance with the require
ments of the insurance law aforesaid;
Now, therefore. l.. o. s. Basford. Com