The herald-advance. (Milbank, S.D.) 1890-1922, 1911-07-21

CONDENSED FROM ANNUAL STATE.
MENT.
Fol the Year Ending December 31st,
1910.
OF the conditions of the
NATIONAL FIRE INSURANCE COM
PANY
OF the state of Connecticut mad to
the Commissioner of Insurance Of
thereof. President, James Nichols;
Secretary, b. r. Stjllman; Incorporated
June 4, 1863; Home Office, Hartford.
Conn.
Amount of capital paid up
In cash $1,000, OoO.O
Total ledger assets Deem
Der 81. 1909 900 7s2'4S
Total premium receipts. 7,13S,05S.68
Interest and rents........ 371,1Oo.O9
From all other sources. l2,977.49
va DIsRuiR;siEi:MiiE;SI;T;S
Net amount paid for losses 3,007, 437.77
Paid to OBSERVATION-DISCLOSURES. zoe, 600. 90
Commissions or brokerage 1,270,016.09
Salaries. fees and all other
charges of officers, clerks
agents and other en-
ployees ............... 753.124.94
All other disbursements. T45, 362. so
Total disbursements. -. Sc, 975, 941.60
LEDGER ssSFTs.
Book value of real estate
less membranes .... 644,103.43
Mortgage loans on real
estate, first liens........ 1,4T0,175. 90
Bonds or stocks owned and
loans on eollateral....... 7,194.3e1.4s
Cash in Office and banks.. 1913, 990.34
Other ledger assets....... S04,361.S sc
Total ledger ssets... .$1o,446, 992.11
NDN-i .EsI)f -. n AASr"IS
Interest and rents due and
accrued .............. s7,e17.5s
Market value of real estate
over book value........ 1s.6s7.2e
Market value of bonds and
stocks over book value. 269,1SS.56
Gross assets 7,135.49
DEDUCT ASSETS NOT ADMITTED.
Agents balances.......... 25,442.15
Total 25,442.15
Total admitted assets. $40, 1872, 2s3.34
LIABILITIES.
Net amour of unpaid
losses and claims...... 646.089.21
Premium 6,O75.29
All other liabilities ...... 42o, 10000
Total amount of all liza
bilities except capital. ..$7,146, 3S3.9s
Capital actually paid up
Surplus over all liabilities. 2,645,s oe. 81
Surplus as regards policy
holders .............. 3,645,sOS.3s
Total SO, 1872, 293. 81
In force on the 31st day Of.
December of previous
Net amount in force De-
cember 81. 1910. educt
ni lnS Es : 3; Y s6siru bxk6 ;dss' 's Eo q
WIYr vENAp 1
Premiums received ....... S8.413.5!
Expenses incurred ........ 23.776.s!
Losses paid ssSss.s'
STATE OF SOUTH DAKOTA.
Department of Insurance.
whereas. The National Fire In.
surance Company. q cornoration organ
Ned under the laws Of Connecticut hal
Aled IN this once : sworn statemen,
Ter the year ending December 81. 1910
comfortable to the requirements of thu
laws Of this state regulating the bust.
n'; wn 81 ,n:o Tse ::,d an Company h.. n,.t
In this ONCE . duly certified copy o.
its charter, with certificate Of organ
isation. in compliance with the require
Now, Therefore. I. o. s. Basford. Com.
missioner OF Insurance OF the State o.
South Dakota. pursuant to the provi'
eions OF said laws. do hereby certif,
that the above named company Is full!
empowered, through it, authorized
agents to transact Its appropriate bust
ness OF Fire. Tornado and Hail insur
ance in this tate. according to tn,
laws thereof. until the last day o.
February, A. d. 1912.
In Testimony whereof. I have here
unto set my hand and ofncial seal a
Pierre. this first day OF March A. d
1911.
tSeal) o. s. BASFORD,
Commissioners Of Insurance.