Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1912-05-21

OUTSTANDING POllClCS oVVSoAcso
Dividends due and unpaid. 1912
Dividends left with the
company to accumulate
at interest and accrued
interest thereon ......... LOG,
Dividends apportioned pay
able to policy holders dur ,oo
Premiums paid in advance
including surrender val
ues so applied ......... $3.50
Amounts set apart, ap-
port oned. professionally
ascertained. calculated,
declared, or held await
ing apportiOnment upon
deferred dividend policies $1,000, Il
Reserve, special or surplus
funds not otherwise in
cluded in liabilities; War
risk fund. $501, $1,000; Sc
curity Flucuation and
General Contingency fund
$7,076.324 .32; Mortality
Punctuation fund, 100000;
Annual Dividend Equali-
zation funds, $757.756.O0.. $685.
Amount Of all other Liza.
bilities ........ .......... $685.
Total Liabilities ...... .$ss4,ss4,s
INCOME
New premiums $ 1886, $685.
Renewal Prem
iums ....... 73,954,744.3O
Total ....... $83,350, 1889
Deduct Prem
iums paid for
, Reinsurance. 95,919.14
Total Premium Income. IS 83,254,5
Interest Received .......... 27,829,a
Rents received ........... S44,s
Income from all other
| sources ........ ......... 1,518,
Total Income ............s11s,446,s
! DISBURSEMENTS
Paid for losses and Addi-
lions ............... ....9 14,o5o,l
Paid for matured endOW-
ments and Additions. $685.;
Paid to Annuitants .... 1888
cies .......:...:.....:... 1885,:
Cash surrendered values
applied in payment Of re-
newar premiums ........ 49,
Dividends paid to policy
holders .................. $685.
Paid for claims on supple
mentary contracts not in
volving life contingencies 216,(
Expense of investigation
and settlement Of policy
claims including S19,926.59
for legal expense ....... 25,(
Cash paid during the year
for commissions, salar-
les and branch office ex-
DenSGS 8.OlS.S
Paid agents under Nylic
Rents paid during the year SEX
paid during the year. 1.211.s
Cash paid for advertising ST.
Cash paid for committing
Medical examiners fees, -
$29s,s84.16; inspection of
risks, $76,385 Al ......... 1862
Gross loss on sale or ma
turity of ledger assets. S1,s
Gross decrease in book val
ue Of ledger assets. ..... ss7.5
Doubtful debts marked off A.
All other expenditures. 921,(
Total Expenditures .....s ss,s43.t
MISCELLANEOUS
Whole number of policies
written and paid for in
North Dakota during the
year, 40.
Total risks taken during
the year in North Dakota 5 S74,7
Total premiums received
during the year in North
Total losses and claims
paid during the year in
Total '" losses nes''a and claims 'S''
incurred during the year 55,4
STATE Or NORTH DAKOTA,
Office Of Commissioner Of Insurance
I, w. c. Taylor, Commissioner Of
surance Of the State of North Da
do hereby certify that the foregoir
a true abstract Of the original state
now on file in this office.
In testimony whereof, I have here
set my hand and affixed the Sea
this office at Bismarck the first da
April, A. D. 1912.
(SEAL) w. c. TAYLOR,
Commissioner of Insur.
STATE OF NORTH DAKOTA,
Office Of Commissioner of Insurance
COMPANY'S CERTIFICATE OF
THORITY.
Whereas, The New York Life II
ance Co.. corporation organized U
the laws Of New York, has filed in
office sworn statement exhibitinf
condition and business for the year
ing December 81, 1911, conformabl
the requirements Of the laws Of
state, regulating the business of II
ance, and,
Whereas, the said company has
in this office duly certified COPY o
charter with certificate Of organic.
in compliance with the requirement
the insurance laws Aforesaid.
Now, Therefore, I, w. c. Taylor. {
missioner Of Insurance Of the Stat
North Dakota, pursuant to the prov1s
Of said laws, do hereby certify that
above named company is fully emf
cred. through its authorized agents
transact its appropriate business
Life Insurance in this state accor
to the laws thereof, until the 31st da
March, A. D. 1913.
In testimony whereof, 1 have her
to set my hand and seal at Bisms
this first day Of April, A. D. 1912.
(SEAL) W. c. TAYLOR,
Commissioner Of Insurs