The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-05-30
ABSTRACT OF STATEN

For the Year Ending December 81,
A. D. 1912.
OF the condition and affairs of the
Union Marine ms, Co., Ltd, of Liver
pool, organized under the laws Of Eng
land. made to the Commissioner of In
Of the state of North Dakota,
in pursuance of the laws of said state
F. Hermann & Co., u. S. Managers.
Principal Office in u. S.-S7 Wall ST.,
New York.
Attorney for Service of Process iu
the State of North Dakota:
Name. Commissioner OF Insurance.:
LOCATION. Bismarck. N. D.
Organized or Incorporated, 1863.
Commenced business in u. S., N. Y.
Agency Oct IL 1p24 st.
Amount of capital stock paid
paid up In full ......... 5000. 100000
rrn;+ad s+s+es A s+onts ra NV
bonds. railroad bonds and
stocks, state. city, county
and other bonds, bank
stocks . 1871, s56.s7
Cash on hand and in bank. 39,099.43
Interest due and accrued. $4,000
Premiums in course of coll
lection and transmission. 279,761.87
Bills receivable. not matured,
land risks ..::........... s.ss4.so
Cash deposit with treasurer "
OF Mass. . ..s..sos..ss.. 445.S5
Sso1,17s.5
42,s36.l3
L1AB1LITTEs
Gross claims for
losses upon which .~-.
no action has ....-
been taken ;..,.$274.1%7.S2
Losses resisted by
tina Hnropan ii 9 nj q 90
Total gross amount
OF claims for
Deduct re-insur-
ance and salvage
thereon . ....-.. 130,267.bS
Net amount Of un-
paid losses .....$175, 893.03 lie, S93.03
Amount of unearn-
ed premiums on .
all outstanding
risks . ......-.. l67.777.7o
for commits ri gfa.,
sions and brok-
erage . .~-..... l0.$u2.2f
-" . ss54.07s.oo
All other liabili-
ties .....-... ,l24.752.76
Total liabilities. S47S. S26.7 6
... RECEIPTS
= oAAAh6
the year in cash ..........ss16.127.ss
ceived during the ear. 2s.B7s.7o
Agents profit charged off,. 812.s4
From home office .......... ~87,041.S6
Observation-Disclosures
Losses paid during the year. $545.S12.26
brokerage ..-.......... 154.2Ss.4B
other charges ............ s.721.7I
Paid for taxes .......... 2s.212.46
Amount of all other dis
bursements . ......... I1S.325.40
Total disbursements -. 1857, S5s.s 80
NORTH DAKOTA BUSINESS
Total risks taken during the
year . ...................s 75.4s5.0o
Total premiums received
during the year .... 1.S92.4S
Total losses incurred during
Total amount Of losses paid
during the year ..... s.68S.11
STATE OF NORTH DAKOTA.
Office OF Commissioners OF Insurance.
], w. c. Taylor, commissioner OF IN
surence of the state Of North Dakota,
do hereby certify that the foregoing Is
q true abstract of the original state
msnt now on file in this office:
unto set my hand end affixed III seal
Of this oface at Risua@gck the list day
OF April. A. y. 1913.
(sEAL) w. o.. TAYLOR,
Commissioners of Insurance..
STATE OF NORTH Dakota.
Office of Commissioner OF Insurance.
.COMPANY'S CERTIFICATE OF All
THORITY.
Whereas. the Union Marine ms. Co.
Ltd. a corporation organized under the
laws OF England, has filed in this office
q sworn statement exhibiting its con-
dition and business fer the yea ending
December 81. 1912, c ,nforrnable to the
requirements of the laws of this state.
regulating the business OF insurance,
and,
whereas, the said company has filed
In this office a duly certified copy OF
Its charter with certificate OF organ
ization in compliance with the require
ments OF the insurance laws aforesaid.
Now, therefore. i, w. G. Taylor, Conn
missioner OF Insurance of the State of
North Dakota. pursuant to the provis-
lens OF said laws, do hereby certify
that the above named company is fully