Devils Lake inter-ocean. (Devils Lake, N.D.) 1909-1915, 1913-05-23

iDSTRAc1 or sTATEMEelTs5 y

~ X Ia III f5 n
\; ADSTR Ac Il; on. eTATE
Fer tho 1, \ ar EnSina 30,
5.s3s5 y u. 1Sf2. NJ
OF the conditian Il ana VI Ma
ssGlens Falls y 4 M. CO. OF "a
I N. q, organixed under the l
stats $iofS$ N eR y orlt, ! made IL
imfssi0ne IN of ! Insurance / OF II Il
4 North Dakota, I'M pNrsua Il
laws of said tate. \ N n 4 al
Pre8id en- 49, ~ +. n CunninKh
% Vice President Ri IA. lit,
81 Secretary wv wv eat. III n
81 Principal Office Glens Fa
Attorney for Service II OF n
the State Of North Dakota:
II II Name. Commissioner II of II
Location. Bismarck, ~ 10. l
!:s&s Organized or Incorporated
Commenced, business, Ill $50:
f'ff3i$! u sA.PITAL sstf N
Amount Of capital stock 4
paid up in full ig.l. y. .}.i. \. Il
}S5 . I, Il i%a SSETS ssiE 5i
Value of real estate owned Il
h by Hthe company Ss.i. I. =. 5 5
ALoans2Ton bonds and mort
cages WE :, y;!t I. !. 4. q
Cash on hand and in bank
j1nterestF:due. and accrue n. 4
Rents due#and "a ccrued .irit
Book value LOT - onds4 and 81
stocks 2. Il, y. ~. Y
Agents balance, repre- sent
ing, busine ss written sub \ II
sequent lto8Cct. IL, q 9l25.S.l.. "a
Agents balanc &c, represent-5253
! ing ~ business written \;
prior t6:Qct.3 IL s1912 a..Tss.. !
Cash deposit with Phila.5
:. IND. !..:..... =. .jg|
Unadnli ttedy:asse is 4, Y Il. IS
s%0 Lii&i ~ ,te' = A X Il N =. -
/ Total assets 5. III ri =. .i.s
Lila "a, I{i III ,,L:
Gross claims for 4 III Q. 4,
LOSSES Mdj1ls T. IN !f,,5 r 4 II. i
ed l5n nd u NJ V 5.ts5
I paid 4 :....hi.s43 I, 63S.19 n
Gross claims fbrif mi IA ss5ti.5
" 10 srsne S 1 upon :G'.i i IL i3,l u:
" whiGhS nos ac-i + 2 ;:3,s IA. I!
taken NM 9e,sso.so. i
Losses d 4 resisted &iE!S$3I,2$ Is &
81 by = the a'eom- M, 81
a.. pany ..s>, ::5.fs 26.75o.00@
T OF AL gro IS $5ti#tt- !
"a MO u Il t 80 f f9%: I, K :,5i
c Ia ian s 7%f r.. y ,i N S!5 III.
! losses. =. ,76ssos I
Deduct re -insur-2' ~ #, .j5t,St,
M ance and sal-,.!}A u (. ,t.i;5 VIZ;
: ":vaga nc la i m 81 4 -Jbid ai
T thereon; 3. ..I53,3osso9t (
Net amount Of '&%tt + i3'5i3I$$ !. III.
+ unpaitiilosses. ~ ,Sst Z, s
.tAmpunt ..pf ,un- ft.yfg $l$stl ai
j earned prem 7 I, ,,,77S
7 ium s. 0 n all 'sasi . s3E5 q \.
7: gu t $ 4 n ding .4f.E>. tt.a
risks =. ....... ,Gas I
Dues for unpaid zsE ~
. dividends ...,..', iI.'., tt,F ID.
Reserve for con- ~ '''S r.
tt rss II cy on ~ .s.E
81 mortgage loans l%eis$s,. NJ.
SEQ, G0G:: salary % II : .,li:. :.,
+ les, ren is and, p. x. i. 't 4, j jS};s,
exps. $4,000; IN a; ;=i,S.3 ,
. estimated amt. [ F$i.:i 3i5.5
spaya e for. i.5,.5 ,:5.j5,
taxes, $4,000; Il. Y:5.,s.. S I;
Reins.. Pre1nsy$ SS'tt, 4. ~ .5l s.$ \:
$l2.041.26 f${.s.. ~. d, y 5EIsij 4.
4. + ..... K Ri.
All other liabili-S WI
ties, capital ac- y. II Il.
tually paid up 4: q 81 II
in'"cash, s5O0.-4;s u ,l2s 55iS55..s. !,
,!t 900; Z. surplus, Z. S.l 3t;i. ,5,s 1,
over all. liabil- ".
. ittes,.s s2.4S6,- q n B.5} II
if1' 7o5.67 ... AZ 95isi !,
Total liza bilities
&5s%G t}Ss / ,i,.F B RECEIPTS s;i b; !;
Premiums received during {
the year in,cash. .i.i.l. ~. S
Interest and dividends re-
ceived during the, S-ear..;..
Rents received during the
year $50. =. .l.'.. 49,.
Gross profit on sale or ma
turity of bonds and
stocks ,.;g.:. -, .l.$...t
Gross increase by adj.! in J.
book value, Of bonds and
- stocks E.$.A..:5. s
Total receipts ,.,..:.....
!" -: DISBURSEMENTS
Losses paid during the!
Dividends paid during the !
year =. !. ~. .l:i.5a
Paid for commissions and
4 :, brokerage 5.%G.l. -. q. ..:.s.%
Paid for salaries, fees and Y
~ other charges j ~. +, 80 .5!
Paid for taxes .t . .S.}., : Il, !, /,
Decrease in liabilities on II
.'accountEof{ reins. treaties Il
Agents balance charged II
OH .i.i.9.2 =. hi 4
Amount Hof. all other dis
: bursements,. gross loss on
sale or maturity Of ledger h
assets 90. i =. 4. ~
Total disbursements z. S
NORTH! DAKOTA .BrJS1
Total risks taken during tn,
r Total premiums ! ;sreceives
during the year I. i vs.! G. u; i. I
Total losses incurred during
the year * .l {. s !. n
Total amount of Losses pait
during the year. . . . 4. i
! STATE OF NORTH DAKOT.
Office of Commissioners of Fl
+, W.. c! IT aylor, comnnfssit
surance of the: tate off Nor
do hereby certifynthat the e
a true d distract Of the orig
ment now on file in this o ca
: In testimony: whore col, Z i
unto set my nalld and afnxt
of this Office .sis ism ma. +
of AprlI, a AZ % y. S1 3. .5sl
l SEAIi) .ss s5;SIs 81 w. {. CT IA
u II c oIffsIi Ssi oner Of III
STATE OF NORTH DAKOT.
Office Of Commits sioner or II
COMPANIES * CERTIFICATE
RI n, .2i'sa' 5THORITY. u.
NJ Whereas, the. Giens Falls
corporations q rgani zed " lInIdel
OF New Y oflk. ila b filed in Il
sworn staternen t exhibiting.
ton and abu sine for the \ "
December s j, 19 4, conforlnf
requirements 81 the laws Of
reg alattng the business OF
and, Ss.ss II
Whereas, the said eompan
inthis office a. dull y certified /
Echa rter wi It'll Ge rti fica te of
ton In compliance with tt
mentS Of tho nsurance laws
n. AS Now, therefore, w. g. TIA
Inissf oner of insurance iof, II
! North pa ota. I,si s'uant 70