The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1912-05-30
ABSTRACT or STATEMENT
For tho Year Ending December 81

ABSTRACT or STATEMENT
For tho Year Ending December 81,
A. D. 1911.
OF the condition and affairs OF the
Great West Life Assurance Company of
Winnipeg, organized under the laws of
the Dominion of Canada, made to the
Commissioner of Insurance Of the state
OF North Dakota, in pursuance of the
laws of said state.
President--Alexander Macdonald:
Vice presidents-G. II. Gait, r. r. Riley
and A. M. Nanton.
secretary-Arbuckle Jardine.
Principal {oaicemWinnipeg, Man.
State Of North Dakota:
Name. Commissioner of Insurance.; loca-
ton. Bismarck, N. d.
Organized or Incorporated, August 2Sth,
Commenced business August 18th, 1892.
CAPITAL
Amount of Capital Paid up.
IN cash AisssEi;rss' '4S''00' 90
Value of Real Estate own
ed by Company ..........$ sos, 119. SO
Loans secured by Deeds of
Trust or Mortgages on
Heal Estate .............. 7,446. 554.3 80
Premium Notes and Loans,
Loans or Policies ....... 1861, 301 SO
State, City, County and
other Bonds ........... 2G1. 354. AZ
Stocks 37G.772.G0
CaSn on hand and in Bank IL, 80 So
Interest due and accrued. 2S6. S2E. G3
Rents accrued .............. 5225. 90
Net amount of Deferred and
""te."'ing Premiums =. 500 900
Reversions .............. 1865
lo'A' assets LiAinii.ir1iEis 1895 IL 80
Policy claims in
process of adj
adjusted and
Total Policy claims ........s 121.s2s.s2
Net present value of all
cent 1862. 4s2. 90
Dividends due and unpaid. 1,941.o 90
Dividends left with Com
rany to accumulate at
Pa III advance: Premiums,
$9,114.36; Interest, $685.
Di VaSe1 to sharehoiders '4'6'''i'
declared but not due -. 41,137.5O
Investment Reserve, $685.
10000; Directors Fees.
$4,000: Auditors Fees.
Capital Stock and Share
holders Funds .......... 691,44 90
Present Value of Instate-
ment claims, 500, 1870. 90;
Liability on Policies laps
ed, sc, $3.50. 90 ......... 80, 966. 90
Due Banks on Investment
Account ................. ZUG,Ul4.Oo
Total Liabilities .........$ 9,o1a. 293. "a
New Premiums $ SOC, 412.26
Renewal Premi-
uins .......... 1852, 3O9.89
Total ........$ 50, 1853, 722.15
Deduct Premi-
ums paid for
Reinsurance 2S,1G7.6l
Total Premium Income ....$ 2,13O,554.54
ceived SOP, 4ss.s S
Rents received ............. 11,3i1.S8
Income from al; other
sources 22S,5"i.l9
Total Income ............s 1852. 1872. 4e
Paid for Losses and .\ddi-
ps .iu''I for N,aturcd i low: 1'01''
ments and Addition. 49,. IS, 900. 90
Paid to Annuitants ........ 10,1S7.72
cies 6o,s37.s5
holders .............. 49,. 51,s57.s3
holders 76,61s.14
Cash paid during the r
for Commissions and g.
Rents paid during the ye;r 14,41s.5s
Taxes paid during the year 19,437.4S
Cash paid for Advertising. 7,799.27
Cash Ea3,o paid dd M for , s%rre nini
dend Policies ............ 1922. o5
Amount of all other Cash
Expenditures 1873. 179. 80
Total Expenditures ......s 1,221,953.26
Whole number Of policies
written in North Dakota
during the year, $40 for..$ 594,5 90
Total Risks taken during
the year in North Dakota,
337 for ................. 577,57O.OO
Total Premiums received
Dakota 49, 1884,
Total Losses paid during
the year in North Dakota 1870
Total Losses incurred dur
ing the year in North Da-
STATE OF NojRTH DAKOTA.
Office Of Commissioner of Insurance.
l., W.. C.. Taylor, Commissioner of 1nsur-
ance Of the State of North Dakota, do
hereby certify that the foregoing is a true
abstract Of the original statement now on
file in this office.
In testimony whereof. I have hereunto
set my hand and affixed the seal Of this
Office at bismarck the LIST day of April,
A. d. 1912.
(SEAL) w. c. TAYLOR,
Commissioner Of Insurance.
STATE OF NORTH DAKOTA,
Office Of Commissioner OF Insurance..
COMPANY'S CERTIFICATE OF AU-
THORlTY.
Whereas, The Great West Life Assur-
ance Co. a cOrpOratiOn organized under