The weekly times-record. (Valley City, N.D.) 1912-1922, 1914-05-28
ABSTRACT OF Statement
For the Year Endina December s

For the year Ending DECEMBER 81
A. D. 1918.
! OF the condition and affairs Of the Da.
kota Trust Co. Of Fargo. N. D., organized
under the laws Of the State Of North Da.
kota. made to the Commissioner Of In.
pursuance OF the laws Of said state.
PreSidcnt--Max Stern.
Vice Presidents-First, r. 8. Lewis;
Second. James Kennedy.
Secretary--B V. Moore.
Principal otiice-No. 20 Broadway, Far
Attorney Cor Service Of Process In the
State Of North Dakota:
Name, Commissioner Of Insurance; To-
cation, Bismarck, n. D.
Commenced business January 2, 1909.
CAPITAL.
Amount Of capital stock paid
up IN 1ul! ..............$ AUV,UOO.VO
Surplus and reserve ......... 25,OOO.O
Net undivided profits over
losses, taxes and expenses
paid ................... Z4,olS.oO
ASSETS.
Value Of real estate owned BY
the company ............. 7,UOO.UO
cages ...................... 17e27e.4s
bonds ................ 2O.744.2S
Loans on collateral security. 136,S77.40
Cash on hand and In bank. 4.96.17
Premiums In course Of collec.
ton and transmission ..... 6,939.S7
Furniture and fixtures ....... 3,491.5l
Overdrafts ................. 5465O
Unidentified assets
Commission. mortgages and
accrued interest .......,... 11,7796S
Total assets ...............$ 42I 957.S4
LIABILITIES.
Amount OF unearncd premiums
on all outstanding risks...$ T,161.S
brokerage > ..........:....... 1,as7.97
Ali other liabilities, including
deposits ................ 10 1OS.V5
Total liabilities ...........$ 2S5,35S.2S
RECEIPTS.
Premiums received during the
year in cash ..............S 9,1l5.lS
Interest and dividends receiv-
ed during the year on invest
ed deposits and real estate
Interest on reserve, received
from banks ............ e@C.o4
Amount received from all 9th.
er sources, profit and loss. 40
Total receipts .............$. 54,47eo5
DISBURSEMENTS.
Losses paid during the years. 1,296.20
Dividends paid during the
PAID Sd"f for commissions and '
brokerage ................. 4,4o9.51
er charges s ..... . 49,. 7,2so.oo
Paid for taxes ............. 1,152.73
License fees and publishing in. .
surance reports ........... 562G5
Amount of all other disburse.
mentS: miscellaneous exp... 6,44OS5
Total disbursements ......$ 27,se2O0
NORTH DAKOTA BUSINESS.
Total risks taken during the
year 4,o0O,oo1UV
Total premiums received dur
Ing the year .............. @,115.1o
Total losses Incurred during
the year .................. 1,-So-O
Total amount Of losses paid
during the year .......... 1,296.2O
STATE OF NORTH DAKOTA,
Office of Commissioner Of Insurance.
ance Of the State Of North Dakota, do
hereby certify that the foregoing is true
abstract Of ris original statement now on
Gle in this Office
In testimony whereof | have hereunto
set my hand and affixed the seal of this
office at Bismarck the LIST day OF April,
lSEAD W. c. TAYLOR,
Commissioner Of Insurance.
STATE or NORTH DAKOTA,
Office Of Commissioner Of Insurance.
CERTIFICATE OF AU.
THORlTY.
Whereas, the Dakota Trust Co., cor
poration organized under the laws Of
North Dakota, has filed In this office
a sworn statement exhibiting Its condition
and business for the year ending Decem-
Der 81, 1913 conformable to the require
ments of the laws of this state. regulat-
ing the business OF insurance, and.
Whereas, the said company has filed in
this office duly certified copy Of its char
ter with certificate Of organization In COM
pliance with the requirements Of the insur-
ance laws aforesaid
Now, therefore, ], W. G. Taylor, Com
missioner of Insurance Of the State of
North Dakota, pursuant to the provisions
of said laws, do hereby certify that the
above named company is fully empowered,
through its authorized agents, to transact
its appropriate business Of authorized in
surance in this state according to the laws
thereof, until the 31st day Of March, A.
d. 1915.
In testimony whereof, have hereunto
set my hand and seal at Bismarck, this
LIST day of April, A. D. 1914.
SEAL) W. G. TAYLOR,
Commissioner Of Insurance.