Kingsbury County independent. (DeSmet, Kingsbury County, S.D.) 1894-1929, 1910-07-29
L. CAPITAL STOCK.

broadway New fork ~. y; incors
BUSINESS Jul: July Is, 1859
|. /. CAPITAL STOCK.
AMOUNT of Capital paid up ~
AMOUNT of Ledger Assets
(as per balance) Deem
Der S1st of previous
year Iii ii. INCOME. ~ '
Total premium income. .S53,262, 994.43
nentary contracts not
cies ILL.,. ............ 3SS.O59.6S
ledger assets, other than
premiums, received from
sumins their risks 800. $4,000
Dividends left with the
company to accumulate. 40.500.S7
Increase in book value OF
ledger assets ........... 8 6,664.0O
iress interest and rent -. 20, 1888, 4O3.6o
'front.' on sale or maturity
from Of ls stFsF : .sssss;.:::::: fS1,sss sS:s 8
Total Income ........ SIS, 843, os1.s1
III. Observation-Disclosures.
Yet amount paid for losses
and matured endow-
For ]annuities involving
life contingencies 1920. 1,124,S37.91
Expense of investigation
and settlement Of claims. 17,006.4S
turrender values ......... 1885, 13.66
Dividends to policy hold
Paid for claims on supple
mentary contracts not
involving life contingent
cies 49,. 6O,S14.4I
Paid stockholders for in
terest or dividends.... 100000
to agents 4,581,S51.s4
Committing renewal COM
missions ......... ...... 2SS: 1888
t~alaries and allowances for
agencies, managers as-
ents and clerks ........ 1O5,535.73
agency supervision, travel
ing and all other agency
insrection of risks .,... 921,2s?.?s
b~alaries and all other com
p]ensation OF officers and
home office employees -. 1,454,550.S3
Rent, including amount for
cy .,,.,.... ...,...'.... 29AS6S.O3
Advertising, legal ex2en~es,
and postage ..,,......' 3N,O13.24
furniture, fixtures and
safe ..,... ..........., 29,s15.72
Insurance, taxes, licenses
and department fees . 8 7,560.35
On real estate ...,,,.... 700. 1854
loss on sale or maturity Of
Ledger Assets .......... 10,47S.00
Decrease in boo value Of
Ledger Assets ......... S62,S5l,OO
III other disbursements. 279,504.33
Total Disbursements 500 $50, 442.21
Balance ......... ...s475,S28, 3S2.24
". LEDGER AsSETs,
Book value of real estate
unincumbeTed ...... ...$ 27,72O,577.S4
Mortgage loans on real es-
tate, first liens .......... 97,532,64S.03
Loans secured by pledge of
Collateral ,.".. .,.... 1,O6s,5OO.O 90
loans made to policy hold
ers on this oompany's
policies assigned as col
lateral ......... ....... 59,9b4,933.lO
Cook value of bonds and
les and banks on interest 1O,598,3s8.51
Cash In cOmpany's Office. 30,673.84
FASH in ............ SlO,142.O OF
Lash in transit ........... SAC, S98.76
Bills receivable and agents
ALLIANCES $500. ,....... SUI $500
Total ledger assets. 49,. S475.S 28, 3S2.24
NON-LEDGER ASSETS.
accrued ,......., ..'...s 4,o91,756,S5
over book value ......... 92S,5OO.Oo
Due from other companies
for losses or claims on
policies of this company
r~einsured .... ........ 200, 900. 90
Net amoun of uncollected
and deferred premiums. 1890, 973. SO
Gross Assets ........$48 ,034,612.45
DEDUCT ASSETS NOT ADMITTED.
iupplies. stationery, printed
matter, furniture, fix
lures and STE ..........S 30,275.2 9
debit balances .......... 8,O376S8.oO
Bills receivable .......... 14,504. 80
Book value Of ledger assets
over market value ...... 3,051, 1905
Total ....... ........... 6,134,19 "a
Total Admitted Assets .$479, 900, 419. 81
Net reserve 1891, 265, $50
Present value of amounts
not yet due on supple
mentary contracts not
involving life contingent
CleS ...... ...... lr9o i,9l Luz
Tota policy claims ...... S,l96, 2S5.45
and unpaid on supple
mentary contracts not in
volving life contingencies 10000
Premiums paid in advance,
including surrender val
ues so applied .......... 29S,2S4.Ol
Commissions due agents. S4,262.7S
ceiIed 49,, ........... 5S,7O7.s7
Salaries, rents, office expen-
SEES, taxes. bills accounts,
bonuses, commissions,
medical and legal fees
due or accrued ......... s77.1s1.l7
Dividends left with the
company to accumulate. 64,977.43
Unearned interest and rent
paid in advance ........ 1855 sS.s7
Amounts set apart await