The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1913-05-22
mo. 22.)
ABSTRACT OF STATEMENT
the Year Ending December 81

" wv uSdU 6UuIUS OSIStuOCV SIi
A. o. 1912.
OF the condition and affairs Of the
Michigan Commercial Insurance Co, OF
lansing, Michigan, organized under the
laws OF the state of Michigan. made to
the Commissioner of Insurance of this
state, in pursuance of the laws of said
tate.
r~resident--F. n. Bennett.
Vice .Presidents-Iaobt. lIcnkel and y.
F.. Cooley.
Secretary-A. n. Baker.
Principal Ofice-Lansing, Michigan.
Attorney for Service of Process in the
State of North Dakota:
Name. Commissioner of Insurance; Lo-
cation. Bismarck, n. u.
Organized or Incorporated, December
Commenced business January /, 1905.
CAPITAL
Amount Of capital stock paid
up IN 1ull ,OOV.uu
ASSETS
value OF real estate owned by. -
the company ................S l4,loh-4'
Loans on bonds and mort
cages 49S. $500
bonds lao. oSo. 90
Cash on hand and in bank..... liz, ASS. %
interest due n accrued. II, 1884
Premiums in course of collec-
ton n transmission ....... 1880. AZ
Total assets 1885,, ot9.a IS
LlEAIpliLl lES
Gross claims for
losses adjusted and
unpaid . :.:.......s 1e.46s.A
Gross claims for
losses upon which
no action has been
taken . ....."...... 4s,S1477
Losses resisted by
the company ...... 11,9ss.4S
Total gross amount
of claims for losses. 5 so,041.Gi
Deduct reinsurance
and salvage claims
thereon . ......... e. 45.4o5.3i
Net amount of unpaid
Amount Of u%nearnei
premiums on all
outstanding risks . .56.0Sa.1o
Due for commissions
and brokerage ..... 4.s0O. 90
Taxes, salaries, cX-
penses. etc, due
and accrued 1000. 10. 500. 90
Total liabilities ...... S306, 125.4o
RECEIPTS
Premiums received during the
year in cash le.1oo.4 40
Interest and dividends received
during the year .............. o,10o,17
Rents received during the year. 1,o20.S0
Amount received from all other
sources . 1860
Total receipts $685. 1S.3
DISBURSEMENTS
Losses paid during the year....s4o ,s11.41
Paid for salaries. fees and other
charges . III $50. 65
Paid for taxes ................. 81 ,9c3.17
Amount of all other dishurse-
ments. Sc, 1924. 25
Total disbursements ......... $500. Sells
NORTH DAKOTA BUSINESS
Total risks taken during the
year .
Total losses incurred during the
Total amount Of losses paid
during the year .............. 5,5as.4a
STATE OF NORTH DAKOTA.
Office of Commissioner OF Insurance.
I. ". G: TAYLOR. commtssioner of in
surance Of the state of North Dakota.
a true abstract Of the original statement
now on file in this office.
In testimony whereof. I ave hereunto
set my HAND and affixed the seal of this
Office at Bismarck the LIST day of April,
A.. u. 1913.
lSFAL) w. G. TAYLOR.
Commissioner Of Insurance.
STATE OF NORTH DAKOTA.
Office of Commissioner of Insurance.
COMPANY'S CERTIFICATE OF AU-
Whereas. the Michigan Commercial In
eurance Co, a corporation organized I'M
der the laws of Michigan. has filed in this
ONCE a sworn statement exhibiting its
condition n business for the year end
ing December 81. 1912. conformahle to
the requirements of the laws of this
state. regulating the business of insur-
ance. and.
Whereas. the said company has filed
in this Office a duly certified copy of its
charter with certificate of organization
in compliance with the requirements of
the insurance laws aforesaid.
Now. therefore. I. w. G. Taylor. Com
missioner of Insurance Of the State Of
North Dakota pursuant to the provisions
above named company is fully emrow-
cred. through its authorized agents. to
transact its appropriate business of Fire
and Marine insurance in this state ac-
cording to the laws thereof, until the 31st
day Of March. A. D. 1914:
In testimony whereof. I have hereunto
set my hand n seal at Bismarck. this
LIST day of April. A. u. 1919.
(SEAL) w. C. TAYLOR,
Commissioner of Insurance.