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

ANNUAL STATEMENT.
For the Year Eading December 81st,
A. d. 1908.
Of the Conditions and Affairs of the
PACIFIC MuT VAL LIFE | II INSURANCE
Organized under the laws of the state
81 California, made to the Insurance
department of the StateS@of South
President, George 1 Cochran: secr sa.
tary, c. ]. p. Moore; Incorporated De-
Gember Is, 1867: Commenced business
Jan. 1868; Home office, 9Th and Oliver
sts, Los Angeles, California.
L. CAPITAL STOCK.
Capital paid in cash -. IS 1000. 100000
Ledger assets December 81,
IL INCOME.
Total premium income s. 3,947, 1888 SO
Coz Consideration for sup
Elementary contracts not
involving life contingent
cies -. -. =. -. -. 6,274.5O
Tota! interest -. 6S1,416.46
Profit on sale or maturity
OF ledger assets -. $3.50. 48,499.16
From other sources -. -. s14,S03.4s
Total income i. -. rs 5,s3s,1242s
III DISBURSEMENTS.
Paid for losses and matur
ed endowmentS ...$ 927,963.SO
For annuitieS involving life
contingencies -. -. ;. 10.726.13
Premium notes and liens
voided by lapse -. 77,5SS.1S
surrender values SO6, a23.Sa
Paid for claims :. s,o1S.0o
Paid stockholders for inter-
ssf e SS!dS q agents ssss
State taxes on premiums 3S.734-29
Salaries and allowances for
agencies. managers, ETC.. 7,127-25
ing expenses, etc -. 2s,s34.94
Medical examiners fees &
inspection of risks 32,9S9.Sa
home office employees 80. 13s,5so.57
ny's occupancy ~. 80. 2e,447.47
Advertising. legal expenses,
and postage .s,e' s2,sss.22
Furniture, fixtures and safe 319.O1
and department. fees -. -7,1o2,s2
on real estate -. 22,o14.se
Loss on sale or maturity of
ledger assets 46,853.20
All other disbursements 957,71S.29
InveSti cation and settle
ment of claims go. 4,4So-H
Total disbursements Us 3,so2.s45.o5
Aa'a"f Il. LEDGER Assh f7S|Ss4'ass.a :.
Book value of real estate S 1,141, 9Ol.30
Mortgage loans on real es-
Loans secured " -. ~. 329,21O.43
ers 49,. -. -. ..... 1,sss,o24.7o
in force -. s54,o27.s4
stocks -. ... 6,o35,1o1.2s
Deposited in trust compa-
MES and banks on inter-
Cash in company's offics ;. 1s6,oo5.7l
Warrants reclaimed 24,6lS.66
Bills receivable " . 2,SS2.13
Total ledger assets -. s15,2s4,4S2.2S
Interest Que and accrued s iso,722ee.2Sss
M Menss ae Ta'ne of bonds and 4V',O0
stocks over book value. 37,117.93
Uncollected and deferred
All other assets 49, -. :. 191,660.6S
DE 5HSJ aSSt AssETs NOT A ;iHiz15i1S
Bills receivable -. 2,SS2.l3
Premium notes and loans on
policies and net premiums 30,926.oO
Book value of ledger assets
over market value 79,DSl.9l
Total -. -. -. -. IS 112,sso.o4
Total admitted assets ..s16, 1oo,o7s.n
Ne. reserve sis, s15, S71.6e
Present value of amount
not yet due on supple
mentary contracts not in
vo1v1ng life contingencies 15,o4S97
i, Total policy claims 69,S02-bO
Premiums paid in advance,
including surrender val
ues so applied ...... 33,674.20
Commissions due agents 2,275.23
Salaries, rents, office expen
SEES taxes. bills, accounts,
bonuses, commissions.
medical and legal fees duo
or accrued l9'oe5.4a
Taxes ON premiums 49,. - ss,is4.oe
Unearned int and rent .. 33.255.35
Dividends anportioned 49,. 7S,332.64
Other liabilities 460.S36.4 AZ
Capital stock -. -. 49,. 1000, 10000
Unassigned funds esurplus> 5s2,6441s
VI III ExHIBIT OF cERT1FIcaTEs.
Policies y sso1 in force Decembe s,oe 7qt a., 10
Policies tic issued during the "'O a. ~
year =. -. -. 80. 2o.5ss,11s.oo
Total -. -. -. s12s.sf2,524.oo
Deduct ceased to be i'm force
during year I4,9U9,645eO
Policies in force Deem
so SST DAKOTA Bus1NEs Ss'f DURiNG
Losses and clans incurred $ 10000
Losses and claims settled 1000. 90
Premiums collected -. 2,f1f.!5
Expenses -. -. -. $3.50. t7t.I?
STATE OF, SOUTH DAKOTA,
Department Of Insurance
Company's Certificate Of Authority.
Whereas the Pacific Mutual Life ms.
Co.. a corporation organized under rho
laws Of California has filed in this Of
fee sworn statement, exhibiting Its
coIditfon and business for the YEAR
ending December 81. 1908. conforms bile
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 a duly certified copy of It's
charter, with certificate of organiza-
tion, In compliance with the require
| ments Of the Insurance law aforesaid;
Now. therefore, I. O.. 8. Basford. Com
missioner OF Insurance of the State OF
South Dakota, pursuant to the provis-