The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1910-07-08
Security Savings Bank
RAPID CITY. S. p.
Saving is the Secret to Wealth.
ANNUAL STATEMENT

ANNUAL STATEMENT
Fer the Year Ending December Slst,
OF the conditions and affairs Of the
oNr'H Entail p1 kSsuRANcE CON-
Organized under the laws Of the state
Of New York. made TO the Commits:
sioner Of Insurance Of the State OF
thereof. President. Henry Evans; Sec
rotary, ]. E. Lopez; Incorporated, jan
uary, 1853: Commenced business, jan
uary, 1853; Home Office 46 Cedar street,
Ne~ '0' /. c;AP1rA1 STOCK.
Amount Of capital paid up -
Ledger IA Assets tas per bal.
ance) December 31st Of
rota, prem IL; INCOME 'o9ssr
than perpetuals) .......$ 6.66S,SO2.62
Gross increase in book
value of Ledger Assets. 675.692.0O
Gross interest and rents
from companys' proper
ty. including amount for
company's own occu-
Of Ledger Assets -. 1.s1s,s41.oo
From all other sources. 1927
Total Income ..........s e,s72,s45.33
Amount i'd for losses...$ 2,970,14927
Expen = OF adjr %tment and
settle 1T Of losses. 104,282.S6
Paid stocr holders for inter-
est or dividends ........ $780, 100000
Scrip or certificate Of
profits redeemed in cash $500
Interest paid to scrip
co %S1an.s or brokerage 1.4a4,2ss:sss
Salaries, fees and all 9TH
er charges of officers.
clerks. agents and other
Rents, Including amount
for c%ompany's w occu-
pancy ............... e2'b66.2l
Repairs and expenses
(other than taxes) on
Taxes, licenses and insur-
ance department fees. 20S.694.48
Loss OF sale or maturity
of Ledger Assets $1,000. 64,504.00
Gross decrease in book
AS Ya n9s. Of d TjsSEer Asssss: s ss.1
Total Disbursements....3 6,s16,734.os
Balance ............ .s22.17e,sso.s5
Book value of real estate
unincumbered ..........3 1900, 100000
Mor'"ofe loans on real
estate, first liens....... 100000
Book value of bonds and
stocks excluding inter-
Cash in company's once. 2s.sss.os
Cash In bank ............ 3.918.070.S3
Agents balances ...... 79S.024.92
Bills receivable ......... 4s.s6l.T
Total ledger assets ....s22.17e,e sos5
Interest and rents due and
accrued ..............$ ZS,SUI.62
ro.., COO ooe 100 =,
Other non-ledser assets. i26.o47.2s
Gross Assets .;22,a s4.5a6.7s
Agents balances .........$ 1,74s.6s
Total ADMITTED Assets tz14 ss2. ss2'7s7.o4
Net amt of unpaid losses
and claims Observation-Disclosures AZ 5,536.s2
Tota unearned premiums. 7,426,028.24
Principal unpaid on scrip
or certificates Of profits
authorized or ordered to
Interest due or accrued. s,oss.4S
State. count and muni-
cipol taxes due or ac-
Reserve for CONTINGENCIES. 25o,"Ho.oo
Reinsurance premiums. 29.184.14
All other liabilities. .... 295.O0
Total amount Of all liza
bilities, except ca H.. S,2S7, 90S.40
in cash -. 1000. 900. 90
Surplus over all liabilities 1s.o44,s7s.s44
Surplus as regards policy
holders ............ .S14,044,S7s.S4
Total .,22.s82.7s7.o4
vi. RISKS AND PREMIUMS.
In force IN the 31st day
OF December of preyi-
written or renewed dur.
ing the year .......... sss.7e3.7so.oo
Total .,2.17s.s 80. 441.oo
and marked of as
terminated .......... 773,27c. 2ss.oo
In force st the n
Deduct amount re-
insured ............. 67.s22.s14.oo
pi Net msu NJ il %I fere sri s. ist o 81 z5 52s; @
DAKOTA DURING THE YEAR 1899
Prsns Mrat1 Tsceived 's'ss y S'S szs %
Expenses incurred ........ 23.025.34
Losses paid ............... 16,625.31
Losses incurred ......... ls,5e2.7a
s ATcTR OF e s sssG DAKOTA, l'4ss'sss'oo
Department OF Insurance.
Company,s Certificate Of Authority.
co Whereas, The cneno G=ont,men nrs.n nnsusa nce
der h laws Of New York. has filed
IN this ONCE q sworn statement exhib-
,ssaF a end fosdi necem nne og a. $685. sor ce ehe.
formable to the requirements Of the
laws OF this state regulating the husi-
ness Of insurance: and.
in his ONCE q duly certified copy Of
its charter. with certificate Of organ
ization. in compliance with the require
II Now, Therefore. /. o. s. Bas,ord,
Commissioners OF Insurance of the
the sprovisions OF said laws. do hereby
certify that tho above named com
par 10 fully empowered. through Its
nropriate business OF Fire, Tornado and
lightning Insurance in this state. ac-t
cording TO the laws thereof. until the
2Rth day of February, A. d. 1911.
49, IN Teatfmony whereof. I have here