The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1910-06-17
ABSTRACT OF STATEMENT
For the Year Ending December 81

30 Eaa.'ts
For the Year Ending December 81,
A. D. 1909
OF the condition and affairs of the Ger.
ms. Co. of New York or.
ganized under the laws of the state Of
New York, made to the Commissioners Of
pursuance Of the laws Of said state.
President-William N. Kremer.
Vice Iresident-Louis T. Dommerich.
Principal Ofice-1 Liberty ST., N. Y. City.
Attorney for Service of Process in the
State of North Dakota:
Name, Commissioner of Insurance; LOca-
tion, bismarck, N. d.
Organized or incorporated March, 1872.
Commenced business March, 1872.
CAPITAL.
Amount Of capital stock paid
:" ASSETS.
Value of real estate owned
by the company ...........$ 81 ,GS7 3S9. 8S
Loans on bonds and mortgages 167 100000
United States stocks and bonds 125,5OO.O
Railroad bonds and stocks 80. $685., $4,000
State. city, county and other
Dolds l,5G2, l46.OO
Bank stocks ................. Cos, 952.OO
Other corporation stocks ...... 932,s5O.0
Cash on hand and in bank.... 7N5 ,1O4.64
Interest due and accrued...... 81 ,349.90
Premiums in. course of collec-
tiOn and transmission ....... 1881, 944.25
Total ''''t' iiXRiIiTiE:s. s1S'1 1892 229.'s
Gross GAINS for
losses adjusted
and unpaid.......$ JOG, $4,000
Gross claims for
losses upon which
no action has /
been taken 500. 49, S6.OO
Losses resisted by
the company -. 7s,G27.M
Total gross amount j!
of claims for
losses ...........s 9G1,s $4,000
Deduct reinsurance
and salvage
claims thercOn... 2o2,9S1.O i
Net amount of unpaid losses. 7OS, SSS.48
Amount Of unearncd premiums
on all outstanding risks. 80. SIG, 995, 800 %
Due for commissions and
brokerage ................. 39,97s.54
S7.744. 100. 30
All other liabilities ........... All, S19.O2
Total liabilities ......... IS, 90, Oh 80
KECEiPTs.
Premiums received during the
year in cash ........... Sc, $50, 3o1.51
Interest and dividends received
diving the year ............ 11,949.22
Rents received during the year 113,GS9.2G
Amount received from all other
sources 29,39o.54
Total receipts 81, 541, :3s30.53
Losses paid during the year. $50. aO7. oo4.o5
paid during the year 5 100000
Paid for commissions and
Paid for salaries, fees and
Poi, St1f e., charges 4arss :::..:.:...:::: go, 5ss.2 e
Amount of all other disburse.
ments UO4,3lo.1o
Total disbursements ........ se,41s,2 1e.s 50
NORTH DAKOTA BUSINESS.
Total risks taken during the
wear 81. Nm j ~ M
Total premiums received during
rs TAI losses esss incurred during the 4'''-i'0'
Tsta: amount Of losses paid 49,
sa!anf 'n oF yes SoRrM DAKOTA: '''''''9
Office of Commissioner Of Insurance
!, E.. G. Cooper, commissioner OF insur-
ance Of the state of North Dakota, do here
by certify that the foregoing is a true alb
In this office. Z
In Testimony Whereof. l have hereunto
set my hand ami affixed the seal Of this
Commissioners of Insurance.
STATE OF NORTH DAKOTA,
Crice Of Commissioners Of Insurance
Company's Certificate Of Authority.
Whereas, The Germam-American Insur.
nrssni Company anye9 Of t New !, YORK Ms - 9 S sSrporYS esa'
" psaAA AAo nv 1""S VI u away q
has filed in this office a sworn statement
exhibiting it's condition and business for
the year ending December 81, 1903, con.
formable to the requirements Of the laws
of this state. regulating the business Of
insurance, and, 4
Whereas, Tie said Company has fled in
this office a duly certified copy Of Its chart.
err with certificate Of organization in conn.
pliance with the requirements of the insur.
ance laws aforesaid. \
Now, Therefore. /, f. G. Cooper, Com.
missioner Of Insurance Of the State Of
North Dakota, pursuant to the provisions
Of said laws, do hereby certify that the
through its authorized agents. to transact
its appropriate business Of Fire and
Tornado Insurance in this state according
to the laws thereof, until the 31st day Of
March. A. d. 1917. l
In Testimony Whereof. I have hereunto
set my hand and seal at Bismarck, this LIST
day Of April, A. d. 1916. 81
Commissioner Of Insurance.