Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1911-07-20
CONDENSED FROM ANNUAL TA1-r.
MEcNT.
Yer the Year Ending December 81, 1910.
OF the conditions of the
NORTHWE WESTERN FIRE & MARINE

ger the Year Ending December 81, 1910,
OF the conditions of the
NORTHWESTERN FIR & MARINE
INSURANCE COMPANY
or the state of Minnesota. made to the
c"mmissi"ner of Insurance of South
Dakota pursuant to the laws thereof.
President. Walter G. Leach: Secretary.
7th. 1906; Home ONCE. Minneapolis.
linn
Amount of capital paid up
Total ledger assets Decem-
bcr 81, 1909. ............ 4SS,11O.53
INCOME.
Total premium receipts. 591.723.6e
interest and rents......... 1885, II
From all other sources... 2l,76O.01
Total income ........... S647.a go. 90
Net amount paid for
losses 233.57s.51
raid to stockholders... ... ~, oo0.o
commissions or brokerage. 104, 5O6.93
Salaries. fees and all other
charges of officers, clerks,
agents and other en-
.ployees ............... 52.S62.75
All other Disbursements. 5S.651.74
Total disbursements 49,. 1854, 500. 90
Balance ................ s673.731.44
Book value of real estate
less incumbrauces ..... %. 5OO.O 90
Mortgage loans on real
estate. first liens..... 90
Bonds or stocks owned and
loans on col]ateral..... 25,575.OO
Cash in office and banks... 18o,391.66
otNer ledger assets....... SS.3S9.1S
Total ledger assets...... s673,73l.44
NON LEDGER ASSETS
interest and ren.s due and
accrued ............... S.39s.4s
other non-ledEer aSsetS... 5000. 90
Gross assets . sss7.12a.s2
ASSET q ADMITTED
Agents balances and all
other n~on-admttted as
sets 1896
Total s7,17s.os
Total admitted assets. $679.95S.Se
LIABILITIES
Net amount of unpaid
losses and claims. ...... 1895 SO
Unearned premiums t64, 909. a
ALI other Liabilities. ...... 2O.6222s
Total amount of all liza
hilities except capital. $2n3. 4SS.54
Capital actually paid up i'm
cash 800 600 90
surplus over all liabilities. i7S,51s32
'urplns as regards policy
holders ............... 7s,51S.32
Total ss7s.e5s.se
In force on the 31st day of
December of previous
year 54,s14,se4.Oc
Net asn smcua Ct in ,s,d 5or Ss,l Ne
ing Reinsurance ........ 1909 0s. 90
BUSINESS IN SOUTH DAKOTA FOR
Risks written ............ 2,7s1,7os.o o
Premiums received $4,000. S7,222.43
Expenses incurred. ..... 22.337..i
Losses paid ............ S3,632.56
Losses incurred ....... 35,66O.O OF
STATE OF SOUTH DAKOTA.
Department of Insurance.
Company's Certificate of Authority.
Whereas. the Northwestern Fire &
Marine insurance Co, q corporation or
ganized under the laws of Minnesota.
has filed in this office a sworn state
nent exhibiting its condition and busi- |
ness for the year ending December 81. |
1910. conformable to the requirements
of the laws of this state regulating
the business of insurance.; and.
Whereas. The said has fled |
in this Office a duly certified COPY Of |
tts charter, with certificate of organ
in compliance with the require |
ments of the insurance law aforesaid: |
of Insurance Of the State OF
South Dakota, pursuant to the provi- |
stons OF said laws. do hereby certify
the above named company is fully
gents, to transact its appropriate bust
less, of Fire. Tornado and Hail insur. /
lnce in this state. according to the
thereof. until the last day of Feb
In Testimony whereof. I nave here
set my hand and oficial seal at
Pierre. This first day of March A. d.
1911.
SSeaD o. S. BASrORD,
Commissioner of Insurance.