Emmons County record. [volume] (Williamsport, D.T. [i.e. N.D.]) 1884-current, 1914-05-21
Abstract OF STATEMENT
For tho Year Ending December 81,

~. -. tSlo. 1
or the condition and affairs Of the Frank.
lin Fire Insurance Co. OF Philadelphia
Ia. organized under the laws OF the
state OF Pennsylvania, male To the Com.
missioner %! Insurance OF the State OF
North Dakota. In pursuance of the laws
of said state.
President Office vacant
Vice Prcsdcnt--Gcorgc Jalcs Baker.
Sccrctary-E Edgar T. Luce
Principal Oticc-42l Walnut Street,
Philadelphia. PA.
Attorney for Service OF Process In the
state Of North Dakota:
Name, Commissioner OF Insurance; La.
cation. bismarck. y. u.
Organized or Incorporated April 22. 1890. !
Commenced business June, lS21. !
CAPITAL.
Amount OF capital stock paid
paid up In full. 5DO.WD.0O
ASSETS.
Value of real cstnte owned by
the company ..............S 1904. 90
Lonhs on bonds and mort
cages NEUTRALITY-SUSPICIOUS.. 20ls1.oO
Railroad bonds and stocks... l55.ii7. 90
Stntc. city, county and other
bonds Observation-Disclosures. Ie,, i2D.uO
Bank stocks ................. H. go
Other corporation stocks..... T5a.D.D
Cash on hand and In bank. -. !7sD3.S7
Interest due and accrued go. aU2GD. 20
Premiums In course Of colIcc.
ton ana transmission ... 80 .np5. 10
All other sums due TO the com
pany NEUTRALITY-SUSPICIOUS.. l.Ao20l5.D2
Total nsscts ..........s 3;,JT OJG 80
Book value OF ledger assets
rcnl estate, SS.9ii53: agents
balances over market vainc,
stocks and bonds so, GJo.G2
prior to Oct. ], SIO.oS2.78.. il.32D. "a
3,245, 1870 90
LIABILITIES.
Gross claims for losses nd.
j,iscd and unpaid ........S 222DSJ. 60
Gross claims for losses upon
which II" action has been
Losses resisted by the com.
pany ..................... ls.445.22
Total gross amount OF claims
10" lO5ScS .................S lUD, gDU..D
Deduct reinsurance md snl.
wage clnins thereon ..... 2G,43G.47
Net amount Of unpaid iosacs.$ i2.s2D.9 o. |
Amount OF uncarnrh premiums
on all outstanding risks. 80. l,D7j.2.oi.35
Dues Tor unpaid dividends. 1850
Due for commissions md
brokerage ................. 3O.A23.2O
$2.14s.52 %
All other liabilities
Salaries. etc, S2.lil.GS: taxes.
$li.DTO.7l: return premiums.
SEJOS711: rcinsur prems.
SiGo10.9l: capital. $4,000:
surplus Sais.67o.GS ........ 1,O07,2l3.UJ
Total liabilities ............s a.245. 1856 90
RECEIPTS.
Premiums received during tho
yeAr In cash ..............$ l,4l2.270.GJ
Interest and dividends rccciy.
cd during the year ...... 1889 IA
Rents received during the year 1910. 20
Amount received from NIL 9th.
er sources. transfer fees.
$G395O: gross profit on sale
OF bonds, s2,4s2.G3 .,....... 3.1o2.la
Total receipts .............s 1872. 1882
DISBURSEMENTS.
LOSSES paid during the year 8 sJO,47l.Ol
Dividends paid during the
Paid for commissions and
brokerage ..:..............: 2os, 702. "a
Paid for salaries. fees aud
other charges ............. 155s77.s7
Amount OF all other dishurse-
ihciits observation-disclosures. 15O.a 4G.5i
Total disbursements .......$ 1851. 752 II
NORTH DAKOTA BUSINESS
Total risks taken during the
Total premiums received dur. 49,
Ing the year ............. 2.BGG24
Total losses incurred during
Total amount OF losses paid
during the year ........... 1.62117
STATE OF NORTH DAKOTA.
Office of Commissioner OF Insurance
I. W. c. Taylor Commissioner Of In.
snrnnce OF the State OF North Dakota, do
hereby certify TINT tho foregoing Is n true
abstract Of the original statement now on
iile In this Office.
In Testimony whereof. have hcreunto
SGT my hnnd and affixed the seal Of this
office at Bismarck the lat day OF April.
fsEAL) W. C. TAYLOR.
Commissioner of Insurance.
STATE OF NORTH DAKOTA,
Office OF Commissioner OF Insurance.
cOMPANY's CEnrITICATE OF Au-
THORlTY.
~ an. rSt...