The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1910-10-07


Organized under the laws OF the State
Of New Jersey. made to the 1nsur..
ance Department of the State OF
South Dakota pursuant to the laws
thereof. President. John F. Dry
den; Secretary, Edward Gray; 1ncor-
perated 1873; Commenced Business.
1876; Home Office Newark. New Jer-
sey.
l. CAPITAL STOCK.
Amount Of Capital paid VI. i, mn nm M
taS Amount Of ledger as
sets Gas per balance) De-
cember 31st of previous
A ii. 1NicoME.
Total premium income. .S5S, $50, 451. 80
(c) Consideration for sup
Elementary contracts not
involving life contingent
Gross Gro interest and rent. .s,osa,o2oss
Profit on sale or maturity
of ledger assets ........ 122S77.
1o'a' III h'0l D1sBURsEMESTs. . : > .
Net amount paid for losses
and matured endow-
For annuities involving
life contingencies ...... 69,4a5.5o
Expense of Investigation
and settlement of claims 22.o1S. JIG
Surrender values oS9SalT.o %
Dividends to policy holders $3.50, s71.o9
Paid for claims on supple
volving life contingencies 77,413.72
Paid stockholders for in
terest or dividends. 2oo,ooo.oo
to agents .lo.esS, e5e.7s
missions 80. ........ 1o,s14ss
Salaries and allowances for
agencies, managers. ag-
ents and clerks ......... 4,1S4, 1888
Agency supervision, travel
ing and all other agen-
Medical examiners fees
and inspection Of risks eos,134sl
Salaries and all other COM
nensatioo OF officers and
home office employees. -. s,3SS,454.s6
Rent. Including amount for
cy ......... ........... sel,1os.sc
Advertising, legal exnenses.
printing and stationery,
Fnr rd nss fixtures and '''a-'.s'
Insurance.. taxes. licenses.
and department fees. 1.2SS.946.4S
Taxes. rerairs and expens-
es on real estate -. 44s.17s5o
Loss on sale or maturity
CT ledger assets ....... So.ss242
All other disbursements. o15.01Ss5
Total disbursements. s4a, az. oe2. 2s
". LEDGER ASSETS
Book value Of real estate
unincumhered .S13, 663,657.
Mortgage loans on real es-
tate. frst liens 49,. .s7.s54.7251s
Loans secured by pledge Of
bonds. stocks or other coll
Loans made TO policy hold
ers on this companv's
policies assigned as collat-
Premium notes on policies
Book value of bonds and
Deposited in trust compan-
les and banks on interest 9.Sn2S'e.ae
Cash in company's office. 1n1S9.ST
Cash in banks .......... Ts1 T2s. AZ
Cash In transit ........... 1S7HA0.a'
Agents balances ........ 1,4S4.56
Total ledger aseets. $40. 7e1. e2e.l1
NON-LEDGER ASSETS
Interest and rents due and
accrued ...... .......... 81. soo,545.41
stocks over book value. S77.529.3S
Net amount of nncollected
and deferred premiums. 4,1Sa.5s1
All other assets ......... 66,S75es
pnDnc4 4'. sssETs Nor 's ADMfr4Sb
Law libraries ...........$ 6,S75.63
Supplies. stationery. print
ed matter, furniture, fix
lures and safe .-........ 100000
Agents debit balances -. 1.4S4.56
Total admitted assets. $500, 1sso77ss
v. LIABILITIES
Present value Of amounts si'''''-' f''V0
not yet due on supple
mentary contracts not
involving life contingent
Total policy claims '. ....... soS,sss.ss
Due and unpaid on supple
involving life contingent
cies ...... :.:.......... 2.24775
including surrender val
ues SO applied .s......... 575,033.2O
Commissions due agents
on premium notes when
LIABILITY on policies can. cam -'''0'''
celled $500. ......:...... 44s.41ooo
penses. taxes, bills, ac-
counts, bonuses, commits
sions. medical and legal
fees due or accrued ..... 1,406,55633
Unearned interest and rent
paid in advance ........ 3OS,9O1S4
Amounts set apart or
awaiting superintendent. 2o,2ss,574. 20
Special reserve ...4....... 1000, 10000
Dividends or other profits
due policy holders 1880. 157,771.36
Other liabilities .......... sos,514.oo
Capital stock ............ 100000. 90
Unassigned funds isur- Y00'000'00
plus) ............ 1s,oSs.ss5.s5
4
Total Liabilities s200.15s, 077.92
VI EXHIBIT OF CERTIFICATES
Policies in force December
81 OF previous year g 1.434.551.s47
Policies issued during the
year ...... ......9...... 5oo.12e, 1928
Total ...... l.s34,s77,s75
force during the year 4. 24s,s1s, 500
Policies in force Decem-
her 81 S168496O 8Oe
BUSINESS IN THE STATE OF SOuTH
DAKOTA DURING THE YEAR 1908
Policies on the lives OF cit
ixens OF said state issued
during the year .......$ S65,136OO
LOsses and claims incurred
during the year ........ 100000
Losses and claims unpaid
December 81 .....,...... 1000. 90
Premiums collected ....... 24,67630
Expenses in South Dakota
during the year ...... .. 6,oo5.4o
STATE OF SOUTH DAKOTA,
Department of Insurance.
Company's Certificate OF Authority.
Whereas, the Prudential Insur.
ance CO.. corporation organised UNI
der the laws of New Jersey, has fiied in
this .ofiice q sworn statement exhibit
Ing Its condition and business for the
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