Kingsbury County independent. (DeSmet, Kingsbury County, S.D.) 1894-1929, 1910-08-12
CAPITAL STOCK.

L. CAPITAL STOCK.
kmouat of Capital paid up
AMOUNT of Ledger Assets
Gas per b~alance) Decem-
Der 3tst of previous
II. INCOME.
Total premium income :. S53, 49, s4.4S
Consideration for supple
nlentary contracts not
involving life contingent
ledger assets, other than
premiums, received from
sumins their risks ..... $4,000
company to accumulate. 4o.50O.s7
Ledger assets ........ 2ss,se4.oo
iross interest and rent. 20,s3S,4 O3.6o
sroft on sale or maturity
Of led ger assets ........ 581.2SS.O0
From other sources ....... 4sl,s2O.1s
Total Income SITS, S4s, os1.sl
III. DISBURSEMENTS.
Set amount paid for losses
and matured ndow-
ror ~annuities involving
life contingencies ...... 1,124,S37.e1
and settlement of claims. 17,oo6.4s
'urrender values .... l4,SsS,613.o6
dividends to policy hold
NAo = . . . ="
Paid for claims on supple
mentary contracts not
cies -. .......',... 1so.S14.41
Paid stockholders for in
terest or dividends. ..... 100000
to agents .............. 4,5S1,s51.s4
missions -. -. 2Ss,1s4.35
~talaries and allowances for
agencies. ag-
ents and clerks 800. 1O5,5S5.7 2
kgency supervision, travel
ing and all other agency
expenses ........ ...... l,44o,ooi'Vl
Medical examiners fees and
inspection of risks ...... 2l,2S7.75
ialaries and all other COM
pensation OF officers and
home office employees -. 1,454,55O.S3
Rent, including amount for
company's own occupan-
Advertising. legal expen~es.
printing and statiolery,
and postage ........... 34l,0l3.24
safe 49,. -. 29,s15.72
and department fees .... 6S7, 500. IS
I on real estate ........e. 7o5.sss.44
LEDGER Assets ..... 1o,47S.oo
LEDGE Assets -. $50, 851, 90
i'll other disbursements. 27S,b04.S3
Total Disbursements ..s62,5Ss,442.21
Balance mus. ...s475,S2s ,8s2.24
~. LEDGER ASSETS.
Sock value of real estate
unincumbered ...... .$27,32O,bI7.S4
tate first liens -. s7,5s2,64s.Os
Loans secured by pledge of
Collateral 49,. -. 1,O6s,5OO.OO
loans made to policy hold
ers on this company's
policies assigned as col
Cook value of bonds and
stocks ....... ohZie.Vo
jes and banks on interest 1O,5sS,8s 3.51
Fash in company's Office, 30,oI5.34
Fash In banks ............ 5lO,64S.gV
lash in transit ........... S42,SSS.io
bills receivable and agents
balances --.... '''''''. o'VV''4o''oo
Total ledger assets g.. SASS 2S, sS2.24
NON-LEDGER ASSETS.
'n accrued ana re".s Jus ....s 4,os1,75s.s5
ha over BOOK yaiue ..e"ae s2s.5oO.oo
Due from other companies
for losses or claims on
policies of this company
reinSured ...... .......- zVO,VVV'VV
Net amount OF unsolicited
and deferred premiums. 4,99o,s15.5o
Gross Assets ........ S4S6, O84,612.45
DEDUCT ASSETS NOT ADMITTED.
supplies, stationery, printed
matter, furniture, fix
lures and STE ..........$ 3O,27b.29
Ns Sebit balances .c......., 8,Os7,sss.oo
Bills receivable ........... 14,504.90
Book value of ledger assets
over market value ...... 3,O5l,f5U.05
Total .. .........s 6~,134,193.24
-----
Total Admitted Assets $+79, 800, 1927
V. LIABILITIES.
Net reserve .......... S39l,Zoo'osl.oo
Present value of amounts
not yet due on supple
mentary contracts not
involving life contingent
CleS ..-... ..,....-... 1pSog,JLl'VV
Total policy claims 49,. 3,196, 285.45
Due and unpaid on supple
mentary contracts not In
volving life contingencies 10000
Premiums paid in advance,
including surrender val
ues so applied .......... 29S,2S401
Commissions due agents. S4,262.7S
Liability o policies can
ccic5 ....... .......... oS,tv'"S'
Salaries, rents, office expen-
SEES, taxes, bills accounts,
bonuses. commissions,
medical and legal fees
due or accrued ......... s77,191.17
company to accumulate, 54,s77.4s
Unearned interest and rent
paid in dvanc ........ 1,55S,96S.9 81
Amounts set apart await
ing apportionment ... 59,S2o,266.oc
81