Kingsbury County independent. (DeSmet, Kingsbury County, S.D.) 1894-1929, 1910-10-21

ance Department Of the State Of
thereof. President, Sylvester c. Dun
ham; Secretary, Louis +. Butler; In
c~orporated June II, 1868; Commenced
Business July 1, 1866; Home office.
Hartford, Connecticut.
7. CAPITAL STOCK.
(a) Amount of ledger as
sets Gas per b~alance De-
cember 3lst Of previous
II. INCOME.
Tota! premium income ..s6, 676, 920.2
(c) Consideration for sup
Elementary contracts not
involving life contingent
st s,ss interest .i ana rent. s. ssss::.:s:i2
Increase in book value OF
ledger assets ......... 67,677,51
Profit on sale or maturity
from q ls stEsr s sssfsss ;. ::::: s sts,,sss:.:
Total Income .-., ,.t. 81 .b1s.2AS.7s
III. DISBURSEMENTS.
Net amount paid for losses
and matured endowmentsS3, 572, 929.7S
contingencies .....,.... 27.724.7s
Premium notes voided by
lapse ......... ........ 24S.72
Surrender values ......... 573, 429.72
Dividends to policy holders 54,S50.46
Paid fer claims on supple
fnentsry contracts not
cies ,.S,...:. ..:,.:,.. s25.1ss.ss
and settlement OF claims 1.447.s4
to agents ........,.... S93.4S7.5s
Discount or premiums paid
in advance ......,..... 1.ss4.oS
salartes and allowances for
agencies, managers, ag-
ents and clerks ........ 177,147.57
Agency supervision, trav-
cling and all other agen-
-cy expenses ............ 44,451.35
Medical examiners fees
and Inspection Of risks. s2,sss.5s
Salaries and all other COM
pensation OF officers and
home office employees. 1Ts,Is1.74
Rent. including amount for
company's own occupan-
Advertising, isgai expens-
es, printing and station
rs sTE aPe d R3s5sso and i;:: sat. Iii:sss5ss:ssss
Insurance, taxcc, licenses
and department fees, II2.1s2.27
Taxes, repairs and eXpens-
es on real estate ....,... 51.sos.ss
ledger assets ..~....-~ s~aa.asE25
Loss or sale or maturity Of
ledger assets .....,...o. 35,S64IS
Ali other disbursements. 62,715.72
Total Disbursements -. ss,ss5, 94o.77
BALANCES ........ ...... $50, All, 5s4.s2
". LEDGER ASSETS
Home office real estates $50. 10000
Book value of real estate
unincumbered ...... -. 225,Oa5.oo
tate, irst iiens........ 1~s.7oA424.4o
Loans mad to policy hold
ers on this companys
policies assigned as col
Premium notes on policies
in force .............. ss4.1s
stocks ...S... ,....... .25,s5s.s24.2o
est ....."... ....",... 51s,5s7.5s
Bills receivable, net...... 4,245.74
Total ledger assets. s52.271,5S4.ss
NON-LEDGER ASSETS
Interest due and accrueds 659,740.54
Market value OF bonds and
stocks over book value. 529,GcT.S0
Net amount Of unsolicited
ana deferred pccG!u::=.. Ss3S?osa
Gross assets .......... $54. $40. SsS. SO
DEDUCT ASSETS NOT ADMITTED
Bills receivable, net ......$ 4,245.74
Total admitted assets. ,s54,SS6,343.2 %
Net reserve 1870. ...... .$46, 522, 497.oo
Present value of amounts
not yet due on supple
mentary contracts not In
volvinF life contingencies 1922, $1,000
Total policy claims...... 139, 1894
Due and unpaid on supple
mentary contracts not In
vOlving life contingencies 1888
Premiums paid in advance,
i ues SO applied, ,..,,,. 7s,22s.ss
ceIIed .,..., -. 10000 90
paid in advance ........ l63,112.7o.
Salaries, rents, ofice ex-
penses, taxes, bills, &C
counts, bonuses, commits
Kions, medical and legal
fees due or accrued. ..... 127,456.00
Amount set apart. ....... S4,S66.00
holders ...... ..,.....,. 25O,Ooo.oo
due policy holders'..... 49c5.84
Dividends apporthoned -. 52,742.s3
Other liabilities .......... 2,155.76
Reserve. special or sur
U]aga 5ss a"@pS funds i16ar. ,Y''Yo'Y'
pius) ..'s...'. '..'..'''. o,fSi,IVS.o4
Total liabilities ....... s54.S3c,S4S.9s
vi. EXHIBIT OF CERTIFICATES
Policies in force December
81, Of previous year .... 195,767,455
Policies issued and revived
during the year......... 23,1S9.S81
Dsdd0atosti ceased ;dt to be in ZSS''o"''''
force during the year. 1s,8cs,5ss
Policies IN force Deem
BUSINESS IN THE STATE or SOUTH
DAKOTA DURING THE YEAR 1908
Policies on the lives OF Cit
liens OF said state Issued
during the year ......,.S 56,f1S.00
Losses and claims incurred
during the year ......, 2.111.5S
Losses and claims settled
Turing the year ......... 2,111.5S
Premiums collected .....s 10,513.1l
STATE OF SOUTH DAKOTA,
Department OF Insurance.
C~ompany's Certificate OF Authority.
Whereas, The Travellers ms. Com
pany. a corporation organized under
the laws of Connecticut has filed In
his Office a sworn statement exhibit
ing it's condition and business for the
year ending December 81. 1909, con-
formable to the requirements of the
laws OF this state regulating the bust
ness OF insurance; and,
Whereas, The said mpan has filed
in this office a duly certified copy of
its charter, with certificate OF orgsni-
cation, in compliance with the require
ments OF the insurance law aforesaid;
Now, Therefore, I, o.. s. Basford,
Commissioners of Insurance OF the State
of South Dakota, pursuant 70 the pro-
visions OF said laws, do hereby certi-