Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1912-11-06
FINE RECORD OF CENTRAL LIFE

The Central Life examined during the months Of July and
Insurance Department September 5th| 1912
We take pleasure in submitting to the people of Wmar and
kandyohi County abstract report showing the total ad
mtted assets and insurance in force June 3o 1912 reported
by the Examiner.
Des Monssss, Iowa. Sept. IS, 1872
The Hon. John l.. Bleakly, !
Auditor of State,
Des Moines Iowa.
Sir In accordance with instructions have
animation of the Central Life Society A.
located Des Moes Iowa. being by Spen
Bleaky C. covered the
period from June 3o 19o8 the Of departmental
animation, to June 30th, 1912.
BOOKS AND ACCOUNTS.
The books found balance kept though
from examiners standpoint smpfcaton
acceptable. Outside Of expenses
ments are made by voucher-cheques.
ANNUAL REPORTS.
The reports submitted Department the last
examination found agree with the ledger
however, were included under headings not conformity with the
usual but these Importance
tempt made this late date change
reported Entries being made the basis
Financial Statement June 3Oh 1872
of The total insurance force ao 1872
$23209, ,66350
SECURITIES
Securities the of ST. 1884 held deposit
with Department June &c. 1912 The balance of the Com
pany holdings consisted Of $3.50 Of mortgage loans
of policy loans $9o57 of municipal paving certificates
stocks and $64855 Of These
$6222 evidenced by certificates furnished by
banks due allowance being made for outstanding cheques
amounts in course of remittance.
AGENCY SYSTEM.
very complete agency kept commission
allowed and the ratio favorable considering
size of the Company and the business we'll and shows
cephona1ly good mortality.
POLICY FORMS
The policy forms clearly worded the values
allowed are favorable.
DEATH CLAIMS AND SURRENDERED POLICIES.
All death endowments since
last examination inspected and found have been paid
promptly and in accordance with the policy In certain
where the policy did provide for cash Values
values granted including allowance
Paed profits before the accumulation period had expired
Payments evidenced by detailed
allowable and by cancelled cheques.
REAL ESTATE
In 1911 the Company purchased block land square,
the northwest corner High Streets Mones
the intention erecting Office building thereon the future
The 0oo Valuations of the property
elusive of the buildings thereon obtained from several
agement preferred the conservative Of
oook vaue of market value has been credited
CONCLUSION.
As will be from foregoing and from the
reports OF the Company it rapidly and yet without
methods and altogether the outlook is
decidedly bright Acknowledgement ready
sance rendered the officers and staff during the examination
Respectfully submitted
Actuary and Insurance Examiner.
The above report Of the Central Life Assurance Society,"
which has Its State Office Wma and represented by the fol-
T ;s s?ntcn >;as@s sss %assss sss psue Cashier Anton Ba
car ored spicer n cke|son New London A. syse Sum-
urg August Norman svea; johnson, Pennock; Harry NJ
Ay Raymond and egy~o other agents located in the differ
with the good showing the COMPANY making; with the advs-
why they should not get Tie fe Insurance business Of VIII
mar and kandyoh county7 Remember that Is always policy
> help the people that are helping you.