Kingsbury County independent. (DeSmet, Kingsbury County, S.D.) 1894-1929, 1909-09-17
I. CAPITAL STOCK.
assets, December

L. CAPITAL STOCK.
Ledger assets, December
III. INCOME.
Total premium incomes 4'52s'o2s.52
(c) Consideration for sup
Elementary contracts not
nies ~. 80. 100000
TO aneun1uiate at int. =. 1,6Os.99
Total interest :. /. IS 7S3,795.55
Total rent -. 49,. as S1,19o.9S
Profit on sale or maturity
of ledger assets -. :. 3~,SSO.2S
Increase in book value OF
ledger assets -. -. -. 4,SIs.0E
From other sources -. :" 6b,b9S.zE
Total income s 5.42S,OS8.9.
III. DISBURSEMENTS.
Net losses and matured.
endowmentS -. ..S l,oi5,445.4o
For annuities Involving
life contingencies 49,. 3~,2SO.o9
Dividends left with the Co
to accumulate int. ..... 1,6O9.99
Surrender values -. 80. 450, 914.39
Dividends to policy hold o-
Paid for claims on supple
mentary contracts not in
volving life contingent
settlement Of policy claims 7.12I34
Commissions to agents =. 400. 033.15
missions ~ 1858
for agencies, ,,ooo,-
Agency Supervision, trav-
elm" and all other agen-
cy expenses -. .. -. 5O,9f9.4o
and insrection Of risks 4S.5Se.4O
home ofHco employees 1~63,72O.sc
Rent incIu1irp for cOmpa-
ny's own o~ccunancy 30. 55,7S493
Advertising. legal expenses,
printing and stationery,
Furniture. Gxt"rcs and safe 3,759.O6
and departrH~mt fees :. 6s,96S.s2
on real estate 7S,1O2.s9
ledger assets :, ... 1,O29.79
Inc~oase in hook value Of
led rar assets -. -. -. 1O4 2N2.H2
All other disbursements 1i,6TS23
Total disbursements IS 3.169.S22.SS
Balance ..s17 o57.i38.S7
Rock varr.o 90 ~>r' oe.ate.S I,234,6O4.tS
Mo~t~age loans on real es-
Loans secrred 80. 17S,2S1.50
ers =. :. 5,oo1.197.39
il f~~ro ~. S7S.77s,5a
Boot va'"n of bonds and
and "t~""S .. 49,. -. 6,4i3.llG.fb
De-oeiton ~ t~ust compa-
MES ara banks on int. 245.h7eSS
Cash in comrany's ofHce SN516
balances =. -. -. -. 463,055.61
Total ioa assets s17n57.13SS7
NoN-LwDGrn ASSETS
Interest due and accrued s. 232, 1862
Rents due and acc"iad $500
Market val-e IF real estate,
over book value 81 1882
premiums IN. :. ~. s56. 1857
Cross assets .s17s97 -4a as
DEDUCT ASSETS NOT Admitted.
Agents debit balances IS 452.S9t77
Bills receivable -. 800. Il, 993.03
Premium notes and loans
on policies and net prem
Book value of ledger assets
over market value 63,O93.A6
Total =. :. .....s ss3. 392. O5
Total admitted assets .s17,o6A,s51.43
v. LIABILITIES
Net reserve - S1h, nhh, I4I.nH
Present value Of amounts
not yet duo on supple
mentary life contracts
not involving life contin-
Liability on policies AN
Total policy claims -. 12S,SIf75
Due and unpaid on supple
mentary contracts not in
cies -. -. II. !. =. 100000
Premiums paid in advance,
ues so apnlied ), .... $4,000
Dividends left to accunnu-
Commissions due AGENTS . 1~s,694.11
Salaries. rents. Office. ex-
panses. taxes bills. ac-
counts. bonuses. commits
sfons. medical and legal
fees due or accrued 59,393.26
in advance i. -. =. 7s.sos.72
Dividends or other profits
due policy holders F.. II ,2a9St
Dividends aDportioned ASS. ESQ 81
Unassigned funds :. ...s 1.o03.656.a2
Total i'ah'uties .....s17.os4. a5rt%
VI, EXHIBIT OF CERTIFICATES.
Policies IN force December
81, lSot =. M"
Policies issued -. 6.635,s22.00
Ds;s s@ss ceased to be IN - 80 '. 80 %
policies in force Deem. oo....oo
souTH DAKOTA BUSINESS DURING
YEAR 1908.
Policies issued during the
year -. - 343. 214.n0
Premiums collected J. 2s.011.92
Expenses (. !. +. s.12a75
STATE OF SOUTH DAKOTA,
Department of Insurance.
Company's Certificate OF Authority:
IL n o.