Emmons County record. [volume] (Williamsport, D.T. [i.e. N.D.]) 1884-current, 1914-05-28

IL
raul, Minn. organized under the laws of
the state Of Minnesota, made to the Com.
missioner OF insurance of the State of
North Dakota, In pursuance Of the laws
Prcsident--E w. Randall.
Vice Iresidcnts--A. Ii. Lindekc and Don
cid s. Culver.
Principal oGice-st. Paul. MINI.
Attorney for Service of Process In the
state Of North Dakota:
Name, Commissioner of Insurance; Lo.
cation, bismarck. N. D.
organized or Incorporated August g.
lSsD ms the Bankers Association: rein
corporated 1901 MS the Minnesota Mutual
Life Insurance Co.
Commenced business August q, 1880.
Mutual
ASSETS.
Loans secured by deeds of
trust or mortgages on real
estate .....................S 2,HS, dO0.3
Premium notes and loans 80 S5S A87. 90
United States stocks and
bonds ..................... 211.31D.O 90
State, city, county and other
bonds i4,4G3.OU
Knllrond bonds ............. 1S1. 2J5. co
Cash on hand and In bank. T1,7i5.40
Interest due and accrued -. 7S,355.29
Net amount OF deferred and
outstanding premiums $3.50. 90
All other assets, bills rccciv-
able and agents balances. %. SS1. Ol
Total 4.114,9 $3.50. 95
Unidentified INSECTS
Agents balances ............S 0,G07 .tA
Hills receivable ............. 17,210.i7
Premium notes and loans on
policies In excess of the pol
Icy reserves ............... B1I.S3
Book value OF bonds In excess
OF market value ........... f7,1UJO0
Totnl unadmitted assets IS DISCO "a
Total assets ...............S 4023, III. IL
Policy claims In process of nd
justmcnt. or adjusted and
not due Neutrality-suspicious. 25,201OO
Policy claims resisted by the
company .................. 100000
Total policy claims .......s 27,20l0o
Net present value of ali out
standing policies - "Actun-
rics," per cent, and Amcrl-
can 3 10 per cent ....... 3.4ss, 1854
Dividends due and unpaid.... 7,12G.SS
Taxes due md unpaid ...... L., $1,000
All other liabilities, excluding
surplus ..:............: 5o.Gsl.so
and deferred dividend poll
cics ................... l32 444.s9
Unassigned surplus ......... 3O0,57441
Total liabilities ..,........$ 4,023. Hill
INCOME.
New premiums ..............S 162. 723.3l
Renewal premiums .......... G20,37l.79
Deduct premiums paid for re.
insurance ............ 10000
Total premium income Us S0,O94.sO
cd Observation-Disclosures. 102,925.o 90
Income from all other sources G,0S1.3
$ l000OG.43
Total income .........S 970, 101. %
EXPENDITURES.
Paid for losses and additions.s 237, 77o.55
Paid for surrendered policies. 16G,0G5.92
Cash surrender values applied
in payment of premiums -. 4G004
Dividends paid to policyhold-
crs ................... 35GO1.2a
commissions and salarica... l72OO9.5l
Rents paid during the year,. 6.12S.40
Taxes paid during the year.. II, 223 "A
Cash paid for advertising. -. 20S7.74
Amount OF all other cnsh cx-
pcnditurcs ................. 41,4GG.72
Total expenditures .......s G75, 732. IS
MISCELLANEOUS.
written In North Dakota
during the year, 800.
Total risks taken during the
year In North Dakota ....S 5TSG4G.OO
Total premiums received dur
Ink the year In North Dako-
Total losses paid during the '''''
year in North Dakota 1850. GOOO.OO
Total losses incurred during
the year OBSERVATION-DISCLOSURES. 10000
STATE OF NORTH DAKOTA,
Office of Commissioner OF Insurance.
!. W. c. Taylor, Commissioner OF lnsur-
ancc Of the State OF North Dakota do
hereby certify TINT the foregoing Is n true
abstract of the original statement now on
file in this office.
In testimony whereof, I have hcrcunto
set my hand and affixed the seal of this
office at Bismarck the LIST day OF April, A.
t s ALI W. c. TAYLOR
Commissioner of Insurance.
STATE OF NORTH DAKOTA,
Office of Commissioner OF Insurance.
COMPANIES CEnTIFICATE OF AU-
THORlTY.
Whereas, the Minnesota Mutual Life In
surance Co., corporation organized under
the laws OF Minnesota, has fled In this
Office sworn statement exhibiting its
ing December 81, 1913, conformnble to the
requirements of the laws OF this state
regulating the business OF insurance, and
Whereas. the said company has filed
In this office duly certified copy OF it's
charter with certificate of organization in
compliance. with the requirements of the
Insurance laws aforesaid.
Now. therefore, l. w. c, Taylor, Com
missioner of Insurance of the State of
North Dakota, pursuant 10 the provisions
Of said laws, do hereby certify TINT the
through its authorized agents. TO transact
its appropriate business of authorized In
snrance In this state according to the laws
thereof, until the 31st day of March A.
ID. 1915.
In testimony whereof, ! have hercunto
set my hand and seal Mt bismarck. this
1 1T Sly APRIL a. D. w. W. {. TAYLOR,
Commissioner of Insurance
ABSTRACT OF STATEMENT
For the Year Ending December 81,
A. D. 1918,
or the condition and affairs of the Massa.
chnsetts Bonding and Insurance Co. of
ioston, Mnss, organized under the laws
OF the State OF Massachusetts. made to the
Commissioner of Insurance of the State
OF North Dakota, In pursuance of the
laws of said state.
Presdent-T j. Fnney.
Secrctary-.Iohn 7. Burnett.
Principal Ohice--7I.S5 State Street. Bos-
ton Mass.
Attorney for Service of Process in the
State of North Dakotu
Name. Commissioner of insurance: I.o.=
cation, bismarck, N. D.
Organized or Incorporated July 20. 1907.
Commenced business November &c 1907.
CAPITAL.
Amount OF capital stock paid
up IN Iull .................$ 1000, 00O00
ASSETS.
Value of real estate owned by
the company ..............$ 100000
Railroad bonds and stocks. l.. $50, 75
state. city, county and other
bonds Observation-Disclosures. 1864, 1893 30
Bank stocks ................. 163, s1S42
Other corporation stocks..... 75,250O0
Cash on hand and In bank.. aO7 COZ 90
Interest due and accrued 49,. 24,440l9