Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1910-09-29
ANNUAL. STATEMENT
For the Year Ending December 31st,


Dakota pursuant to the laws OF said
State. President Eugene II. Winslow,
Vice President Daniel D. Whitney;
atcd April % 1874; Commenced bust
ness April %, 1874; Principal office,
AZ Cedar St. New York, N. Y.
I. CAPITAL STOCK.
Capital stock paid up in
Net saS ledger assets, Deem ;;ias 200'O0000
IL. INCoM:l DURING YEAR
Net cash actually received
r for premiums sea1s3o q
Profit on ledger assets sold
during the year, over
Income from all other
sources ......... TOO
Total income ...s GS1,269.sl
III. DlsRuRsEMENIs DURING THE
Net paid pclicy holders. ...s 211,641.72
To stockholders for inter
terest on dividends ..... 100000
Commission to agents So. 217,092.S1
Salaries. travelling and all
expenses of agents and
agencies not on commits
sion account .........- 14,74e.s1
Medical examiners fees, SAL
aries and Inspections. 1,32605
Salaries and all other COM
pensation of officers and
home Office employees. 69,151.S9
Taxes, insurance departm't
fees licenses ......... 14,43734
Rent legal and real estate
expenses and taxes on
Furniture, tixtures, adver-
Using, general printing
and stationery ........ 4,sos9a
Losses on ledger assets
sold under cost ....... 1S,954.oo
All other items .......... 5,49S.12
Total disbursements rs 597.926. so
Balance ...... ........$ 67s,O75.2o
Book value of bonds and
stocks owned .........s 595,75e.2o
Cash in company's Office. 2,933.95
Cash deposited in banks. 74,3S5.14
Total ledger assets ..s 673,o75.29
Total outstanding inter
est ...... ...,.......... 4,2G9.15
Premiums in course of COL
Market value of bonds and -
stocks over book value. 2S,363.S0
Gross assets .... ...$ Sl4276.14
Premiums in course of col
lection ......... ...... 612.7o
Total admitted assets IS S13,663.44
V. LIABILITIES
es ...... ...........s s63O7.99
Total unearned premiums 3oS,369.17
Commissions, brokerage,
Due and accrued for salar-
| les, rent, advertising,
| agency and other eXpen-
ses ,....... ............. 1899
State. city, county or other
! taxes and assessments. 5,774.40
| Reinsurance 1850. ...... 564.16
| Other items ..... ..... 100000
Total amount OF all la
! bilities except capital
Joint stock canitai actual 'VN0'N
ly paid up in cash $50. 20o,oOo.0o
Surplus beyond capital and
other liabilities ....-.. 2o5,659.s2
Risks outstanding at the
date of preceding state
ment ...... ...........s 691.s35.5s
since preceding state
! =1nenL f2b,ibU.ol
Total risks ...........s 1918, ss5. SO
Risks cancelled and expir-
ed during the year. 7o1.265s1
RISKS re-insured during
j tne year ............... o3l, 10
BusINEss IN THE STATE OF SOUTH
DAKOTA DURING THE YEAR 1909
Premiums ena1 MS, received 2 2Ssd 81 81
Expenses incurred ...... 1851
|
Department of Insurance.
Company's Certificate of Authority.
Whereas. The Metropolitan Casual
ty Company, a corporation organ
ICED under the laws Of New York, has
filed in this Office sworn statement
exhibiting it's condition and business
for the year ending December 81, 1909
conformable to the requirements of the
laws of this state regulating the bust.
ness Of insurance; and,
Whereas. The said company has filed
in this office a duly certified copy Of
its charter, with certificate of organi-
cation, in compliance with the require.
ments of the insurance law aforesaid
Now. Therefore, !, Q. s. Basford
Commissioner of Insurance of the STATE
of South Dakota pursuant to the pro
visions Of said laws, do hereby GER
tify that the above named company Il
fully empowered through its author
lied agents, to transact it's appropri
ate business of accident and plat
Glass Insurance. in this state. &C
cordins to the laws thereof until tn
2Sth day of February, A. D., 1911.
In testimony whereof, I have here
unto set my hand and official seal a
Pierre, this 18th day of February. a
(SeaD o. s. BASFoRD.