The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1910-07-22
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..r Ending December 31st,
A.. ID. 1909
OF the Condition and afralrS OF tne
NATIONAL UNION FIRE INSURANCE
Organized under the laws of the State
of Pennsylvania, made to the COM
South Dakota pursuant TO the laws
thereof. President, e. b.. Cole; Score
tary,, =, D. Cole; ln caa 6rinas reG MancS
/, 1901; Home office, 401 Wood street.
1. CAPITAL STOCK
Amount of capital paid up
ledger Assets $ per ball
ance) Decem' er 31st OF
previous year ........... 2,564,4 i9.52
Increase of paid up capital
during the year ......... 150,O0O.0O
II. i ONE
Total Premiums (oti. II than
perpetuals) Observation-Disclosures
Interest received .......... llo,94i.9I
Profit on sale or maturity
of Ledger Assets ........ 27,11n5O
From ali other sources.... 76,S94.99
Total Income 4,621, O39.92
III. Observation-Disclosures
Net amo mt paid for losses.$ SOO,046.46
Paid stockholders for inter-
est or dividends ........ 66,000.0O
Commissions or brokerage 3SS,0IS.23
Salaries, fees and all other
charges Of officers, clerks
pioyes 171,s1s.a
Rents. including amount for
company's own occupancy l0,793.76
Taxes, licenses and insur-
ance department fees.... 7S,S30.11
Loss on sale or maturity
Of Ledger Assets ........ 1915
All other disbursements q. 1875, 1850
Total Disbursements ....s1,591 ,261.68
Balance sa,O29,77s.24
Mortgage loans on real eS-
tate. first liens .........$ 0 S,972.0o
Loans secured by pledge Of
bonds, stocks or other
BOOK sSt'as va1ae of bonds and '''000'O0
stocks excluding interest. 1.672,966.sS
Cash in c~ompany's Offices. 26,490. 90
Cash in bank ........... 2'2.241.6S
Agents b. 'ances ,......... 323.015.14
Bills receivable ........... 2O,091.56
Total ledger assets ....s3.o2e.77s.2
NON-LEDGER ASSETS
Interest due and accrued...$ 22,241.60
Total .ss,o52,o1sa
stocks over book value. 2S,341.12
6EDye Srs AssnTs NOT A i:ssi11Si%s!',a
Agents balances ..........$ 1862
Bills receivable, past due,
taken for fire risks..... 4,742.54
Total 12.199.46
Total Admitted s3,06S, 161.5O
V. LIABILITIES
Net amount OF unpaid losses
Total unearned premiums. 1,563,l95.1S
Taxes, due or accrued ..... 100000 90
Total amnrnt Of all lia-
bilities, except capital. ..$1,732,923.84
CAPITAL actually paid up in
Surplus over all liabilities. sSS,SsY.Ss
Surplus as regards policy
holders ,237.66
Total .s3.oeS161.5o
vi. RISKS AND PREMIUMS
In force on the 31st day
OF December of previ-
Gus year 793,347.o0
Written or renew dur
Ing the year ......... 216,614,9 96. 90
Deduct those expired and
marked off as termin-
ated 18O.1l1,l6O.OO
In force ut the end Of the
Deduct amount re-insurcd 57,4S2,ss1.oo
BUSINESS IN THE STATE OF soUTH
DAKOTA DURING THE YEAR 1909
Rlsks written VIZ t ni:....ss77,s1l.
Expenses incurred ......... G.G35.s6
Losses paid ............... 6,66S.19
Losses incurred .......... 6,O67.9 90
Amount at risk .............9 69, 916.0 90
STATE OF SOUTH DAKOTA,
Department of Insurance.
COmpany's Certificate of Authority.
Whereas, The National Union Fire
Insurance Company, a corporation or
ganized under the laws Of Pennsyl-
vania, has filed in this office a sworn
statement exhibiting it's condition and
business for the year ending Deem
Der 81, 1908. conformable to the re-
state regulating the business Of insur-
ance; and
Whereas. The said company has filed
in his office a duly certified copy Of
its charter, with certificate of or
ganization, In compliance with the re-
1nirements of the insurance law afore-
Now. Therefore, I. o. S. Basford.
Commissioner of Insurance Of the State
visions of said laws, do hereby certify
that the above named compan is fully
empowered, through it's authorized
agents, to transact its appropriate bust
ness OF Fire and Tornado Insurance
in this state. according to the laws
thereof, until the 2Sth day Of February,
A. d. 1911.
unto set my hand and oficiai seal
at Pierre, this 18th day Of February,
A. D. 1910.
tSeal) O. S. RASFORD.
Commissioner of Insurance
Notice for Publication.
DEPARTMENT OF THE INTERIOR
g loud ntSoo p...y ~.