The Wahpeton times. [volume] (Wahpeton, Richland County, Dakota [N.D.]) 1879-1919, 1912-05-30
(s5.)
Abstract % Statement

OF the condition and affairs of the Title
Guaranty and Surety Company of Scranton
organized under the laws of the State of Pen
nsylvania, made to the Commissioner Of In
surance of the State of North Dakota. in pur
suance of the laws of said state.
Presidential. A. Watres.
Vice Presidents-Henry A. Knapp. B. p
Heating, JOSEPH A. Sim.
secretary-J. H. Law.
Principal Cfice-Scranton. Pennsylvania.
Attorney for service Of process in the State
Of North Dakota:
Name. Commissioner Of Insurance; location,
Bismarck. N. D.
Organized or incorporated, February 20.
1901.
Commenced business April l, 1901.
CAPITAL.
Amount OF Capital Stock paid
up in Observation-Disclosures. go. . 7l2 $50 00
ASSETS.
Value of Real Estate Owned by
the company. ....."............ 120.2N 81
Loans on Bonds and Mortgages. $500 %
United States Stocks and Bonds
S5O,ss9.Ss; Railroad Bonds and
Stocks. a79o, l5s 60; State, City,
County and other bonds, esq.,
ACKNOWLEDGEMENTS. l.1ss. 6eo.ls
Cash on hand and in Bank ~ 81. $685. S
Interest due and accrued........ 11,20a.05
Premiums in recourse of collection
and transmission .......... so SO
Bills receivable. Advances on
Contracts. Real Estate, Mort.
cages and Judgment. 1s1. ss2. 90
All other sums due to the Com
pany, Advanced U. 8. Treasury
Dept. in Reexaminatlon Of
Unidentified Assets..... ......... 14,s54. OF
Total NEUTRALITY-SUSPICIOUS.. se,G1 ,s4l g
LIABILITIES.
Gross claims for Losses
adjusted and unpaid sl30,S10.49
Losses resisted by the
Company......... "a, 36121
Total gross amount of
claims for Losses.... .es76,171 no
Net amount of unpaid
Losses. 9 s7s.l71. 20
Amount of unearned
Premiums on all out.
standing risks 10000. 4Oa,O7a Os
Due for Commissions
and Brokerage........ s7.5s5.s7
s15.soa 60
All other Liabilities. 67.os7.7e
Total Liabilities. sss 80
RECEIPTS.
Premiums received during the
year In each. ........... ......... s 9ss, 800 70
Interest and Dividends received
during the year................. 51,12S IS
Rents received during the year. $500. 90
Amount received from all other
sources ............. ....... sOs.412 80
Total receipts..........,....... 9 1852, l.7e
DISBURSEMENTS.
Losses paid during the year ..... 500 a65 so
Dividends paid during the year.. $4,000 90
Paid for commissions and Brok.
erage. NEUTRALITY-SUSPICIOUS.. ia $780, 81
Paid for salaries, fees and other
charges. observation-disclosures. 95.oee.1s
RAID Tor Taxes ACKNOWLEDGEMENTS. 2l,16O49
Amount of all other disburse.
ments.- OBSERVATION-DISCLOSURES. 5eo,ss9 81
Total Disbursements........... s1.es5. sOs 90
NORTH DAKOTA BUSINESS.
Total risks taken during the year
Total Premiums received during
the year ........................ 1850 90
Total Losses incurred during the
year ...................".... 1854 10
Total amount Of Losses paid dur.
ing the year. .......... 11,199 81
STATE OF NORTH DAKOTA,
ONCE of Commissioner of Insurance.
NV. z. Taylor, Commissioner Of Insurance
of the State of North Dakota, do hereby Ger.
tify that the foregoing is true abstract of
the original statement now on file in this of.
fee.
In testimony whereof. have hereunto set