Devils Lake weekly world. (Devils Lake, N.D.) 1911-1914, 1912-06-14

claims for
Losses .........$295, 031.96
S. ecial reserve
for unpaid H.
ability losses 967,Sl5.OO
$l,262, s46.e6
Amount of unearned pre-
miums on all outstand-
ing risks ...................$ 1856, 1872 3D. %
Taxes, ETC., accrued $685.
321.14; accounts, etc,
accrued, $s,052.77; re-
insurance, $2,ll6.25... 95,49O.16
Due for Commissions and
Brokerage ....................,... 2e,o4s.46
Contingent reserve for un-
adjusted claims ............ 100,00o.oo
S 4,O43,ll5.Sn
All other Liabilities. cap.
ital, $1,000 100000, sur
plue $l,276,6Ss.OO........... 2,276,63S.0O
Total Liabilities ..$ 6,319, 1880
RECEIPTS.
Premiums received during
the year ...........$ 5,031, s1o.93
Interest and Dividends re.
ceived during the year 1S9,35s.6l
Rents received during the
year .................................. 4o,1l7.so
Gross profit on sale Of Sc
curities ............................ 6,472.5o
Gross increase i'll book
value Of securities ......,. 42,5e2.s so
To. al Receipts ...............$ 5,31o,a2l II
DISBURSEMENTS.
Losses paid during the
year, including adjust
ment expenses. etc. IS 2,3l0,049.10
Dividends paid during the
year :................ 175,ooo.oo
Paid for Commissions and
Brokerage ..................... 1929, 19s.ol
Paid for salaries, fees &
other charges ............... 423, l14.5l
Paid for Taxes .............-.... l41,92l.97
Gross loss on sale of Sc
curltleS ACKNOWLEDGEMENTS. 42.JO
Gross decrease in Book
value of securities 13,799.43
Amount Of all other Dis
bursements ...................... e95,s45.55
Total Disbursements IS 1894, 966.o7
NORTH DAKOTA BUSINESS.
Total risks taken during
the year ..............-..........S 4Sl .S0O.OU
Total Premiums received
during the year ....... 10,067.6l
Total Losses incurred dur
ing the year ................ 9S5.S7
Total amount of Losses
paid during the year. 1,SS19G
STATE OF NORTH DAKOTA,
Office of Commissioner of Insurance.
7. w. c. Taylor, Commissioner of In.
surance of the State Of North Dakota
do hereby certify that the foregoing i:
true abstract of the original state.
ment now on file in this office.
In testimony whereof I have hereun
to set my hand and affixed the seal OF
this Office at Bcmarck the 1st day of
April, A. D. 1912.
(SEAL) w. C. TAYLOR,
Commissioner of Insurance.
STATE OF NORTH DAKOTA.
Office of Commissioner Of Insurance.
COMPNAY'S CERTIFICATE OF AL
THORITY.
Whereas, the Maryland Casualty Co.
a corporation organized under the laws
Of Maryland, has filed in this Office q
sworn statement exhibiting its condi
ton and business for the year ending
December 81, 1911, conformable to the
requirements of the laws of this state
regulating the business Of Insurance
and
Whereas, The said Company has FLEE
in this office a duly certified copy OF
its charter with certificate Of organ
cation in compliance with the require
ments of the Insurance laws aforesaid
Now, therefore. I, w. c. Taylor, Com
missioner Of Insurance Of the State OF
North Dakota. pursuant to the provis
ions of said laws, do hereby cert;
that the above named Company is full
ly empowered, through its authorized
agents, to transact its appropriate bust
ness of Accident, Health, Liability
Plate Glass, Steam Boiler, Burglar,
and Theft, Property Damage, Work
mems Collective, Phys. Defense Insur
ance in this state according to the laws
thereof, until the S1st day Of March, A
D. 1918.
In testimony whereof I have hereun
to set my hand and seal at Bismarck
this LIST day Of April, A. D. 1912.
(SEAL) w. c. TAYLOR.
22-3t Commissioner of Insurance