The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1910-06-17
ANNUAL STATEMENT

ANNUAL STATEMENT
1or the Year Endink December 31st,
A. ID. 1909
OF the condition and affairs Of the
NATIONAL FIRE INSURANCE CON-
Organized under the laws OF the State
of Connecticut. made to the Commits.
sioner OF gins, Insurance OF the State OF
thereof President James Nichols: Sec
Rotary. B. r. Stllman; Incorporated
June 1. 1869: Commenced Business Dec.
!. 1871. Home office. 95 Pearl street,
/. capital STOCK.
Amount of Capital paid up ana ~
Ledger Assets las per ball
ance December slst Of
previous Y year MOO "SSs'sSo' 10
Total Premiums Co. ~r than
perpetuals) 49,: ......... o,6os,s25.ol
Gross interest and rents 335,5S26S
Profit on sale or maturity
of Ledger Assets ........ 51,ol722
From all other sources... S,42ll0
iii. Observation-Disclosures
Net amount paid for losses s2.GSO,sl5.53
Paid stockholders for inter-
est or dividends ......... l3o 10000
Commissions or brokerage. 9S2.32S70
Salaries, fees and all other
charr IS OF officers. clerks.
agents and other en-
Rents, including amount for
cOmpany's own occupancy 12.26669
Repairs and expenses (other
than taxes) on real cs-
Taxes. licenses and insur-
ance department fees.... 201.244.S3
Loss on sale or maturity
of Ledger Assets ........ 17.1S625
All other disbursements. 2iS.0O351
Total Disbursements =. .;4.s 55.SS36
Balance IS. 900, 79245
Book value OF real estate
unincumbered ...........$ A60,o3S9S
Mortgage loans on real es
tate. first liens .......... 662,66S.O0
Book value of bonds and
stocks excluding Interest 6.5S7.S9020
Cash In company's Office. l.540l1
1 1sen, - e snnh . essa77ss
Total ledger assets SIS, 9oo,79245
Market value of real estate,
Over book value .........$ 101,14S.S9
Market value of bonds and
. stocks over book value. S49,927.s0
DEDUCT Asserts NOT ADMlTTED
Agents balances ..........$ 2S,161.39
Total .......J..........s 23,161.30
Total Admitted Assets. .S9,32S,70725
v. LIABILITIES
Net amount OF unpaid losses
E ana claims 5O2,S3b.y6
Total unearned premiums. 4.6S5,577.
All other liabilities ........ 900, 100000
Total amount of all liza
bilities. except capital. 5,4SS,413.24
Capital actually paid up in
Surplus over ali liabilities. !. 2,S4o,2s4oi
surplus as regards policy
S.S4
Total 9,s2S. 1925
vi. RISKS AND PREMIUMS.
In force on the 31st day
Of December OF previous
Written or renewed dur
Ing the year ........ 7o1.206,S74.00
Deduct those expired and '0'''''1 '''00
marked on as termin-
In. force a. the end Of 'l0'l's'siO'0O
Deduct amount rein t'0'i'1's'sss'0O
sured ................. 2lo.2es, $4,000
.i Net ameunt in forge. & s2l,o2s,sss;oo
DAKOTA DURING THE YEAR 1908
Premiums received ........ 73.l69.95
Expenses incurred ........ 18,934.01
Losses incurred ........... 27,654.7s
Amount at risk ............4.47s.l22.oo
STATE OF SOUTH DAKOTA.
Department of Insurance.
Company's Certificate of Authority.
Whereas The National Insurance
Company. q corporation organized un-
der the laws of Connecticut. has filed
lnfth!s ONCE sworn statement exhibit
Ing its csEdition and business for the
yeaf ending December ~. 1909. con-
formable to the requirements of the
the laws Of this stnte regulating the
business Of insurance.; and,
Whereas. The said company has flied
duly certified copy Of Its charter,
with certificate OF organisation. in COM
pliance with the requirements of the
4 Insurance laws aforesaid;
Now. Therefor6.I o. s. Basford, Com
missioner of InSurancs of the State OF
South Dakota. pursuant to the provi-
sions Of said laws. do hereby certify
that the shove named company IL fully
empowered. through its authorized
y. agents, to transact ttS appropriate busi-
meas OF Fire. Tornado and Hail IN
svfance In this state, according to the
la1s thereof, until the 2Sth day OF
february, A. %. 1911. -
unto set my hand and oflicinf seal a
Pierre. this 3rd day Of February, A. b
lSaaD o. 8 Rasford,
Commissioners Of Insurance