The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1913-05-23
ABSTRACT OF STATEMENT


For the Yoar ENDING December 81,
A. D. 1912.
OF the condition and affairs of the
Minneapolis, Mimi, organized under the
laws Of Minnesota, made to the Com
missioner of Insurance. of the state Of
North Dakota, in pursuance of the laws
of said state. ..,. .'
President-Fred C. Van Dusen.
Vice President-J. D. Mcmillan.
Secretary-Alfred Stinson.
Principal Office-726 Security Bank
Building.
Attorney for Service of Process in
the State of North Dakota:
Name, Commissioner of Insurance.;
Location, Bismarck N. d. .......
Organized or Incorporated July ],
1902. H. r.
Commenced business July 2, 1902.
CAPITAL
Amount of capital stock paid
AssErs
Loans on bonds and mort
gages . ''$0SS'SS5'0 00
Bunk STOCKS .4U,oI0.UV
Cash on hand and in bank. sc, 952.S6
Interest due and ac~crued.... 6,948.24
Premiums in course of col
lection and transmission. 13,S91.83
Dividends On stocks accrued 475.OO
Unidentified assets, agents
balances past due ........ 2S2.00
Total assets SASS, 655.4s
LIABILITIES
Gross claims for
losses adjusted .-.
and unpaid ....$12,S23.14
Total gross amount
of claims for
losses ........s l2,oz5.44
Net amount of I'M
paid losses ...... 12,S23.14
Amount of Enearn-
ed premiums on
all outstanding
Ali other liabilities,
return premiums
n reinsurance
p d, S452.21;
) a. expenses accounts .
accrued, $125.22;
taxes a d, a##
. (state), $l.972.97. .a.-. 2,560.40
Total liabilities. S 87,521.22
RECEIPTS
Premiums received during
the year in cash .........$ 36,88S.02
Interest and dividends re-
ceived during the year.. 24,8S7.10
Amount received from all
other sources $50. 44,144.s1
Total receipts sos, s15.os
DISBURSEMENTS
Losses paid during the years 96,723.1s
year . ................... 100000
Paid for salaries, fees and
ps Gthf fer e fs. ! :::: :::::: s 1885,
bursements ............ $3.50
Total disbursements .$172,41s.55
NORTH DAKOTA BUSINESS
Total risks taken during
year
Total premiums received
during the year ........ 15,665.25
Total losses incurred DUR ~
ing tn year ....... lO,6Z1.6B
Total amount of losses paid
during the year... 1l,56l.SS
STATE OF NORTH DAKOTA,
Office of Commissioner of Insurance..
l.. w. C. Taylor, Commissioners Of in
surance of the state or North Dakota,
a true abstract of the original state
ment now on file in this office.
In testimony whereof, have here
unto set my. hand and affixed h seal
of this office at Bismarck the LIST day
SsEAL5 w. G. TAYLOR,
Commissioners OF Insurance..
STATE OF NORTH DAKOTA,
Office of Commissioners of Insurance.
CoMPANY's GERTIFIcATEs OF AU-
THORITY.
Whereas, the Minneapolis. Fire & Ma
rims ms. Co, a corporation organized
under the laws Of Minnesota, has
filed In this office a sworn state
ment exhibiting it's condition and bust
ness Tor Ine year endlIg DeceHlDST ID,
1912, sc~onformable to the requirements
Of the laws Of this state, regulating
the business of insurance, and,
Whereas, the said company has fled
In this office a duly certified copy Of its
charter with certificate&of ~organiza-.
ton in compliance with the require.
ments of the insurance laws aforesaid.
Now. therefore, I. w. O.. Taylor, Com
missioner of Insurance Of the State OF
North Dakota, pursuant to the provis-
ions Of said laws, do hereby certify
that h above named company is fully
empowered. through Its authorized
agents to transact its appropriate
business of Fire and Marine Insurance.
In this state according to the laws
thereof, until the 31st day OF March,
A. ID. 1914.
In testimony whereof, i have here
unto set my hand I'M seal at Bismarck.
this 1st day of April, "A, ID. 1913.
S{SEAL1 w 20. TAYLOR,
Commissioners Of Insurance.
(May I6-23-30.D
Perhaps the millennium awaits %tlls
discovery OF q serum against old are.