The Washburn leader. [volume] (Washburn, McLean County, N.D.) 1890-1986, 1914-05-22
ABSTRACT OF STATEMENT
For the Year Ending December 81.

~ 49, ~:
A. D. 1918,
OF the condition aud affairs of the North.
western Trust Co. of Grand Forks, n. D.,
organised under the law Of the State Of
North Dakota, made to the COMMISSIONS
Of Insurance Of the State Of North ia.
state. -at
P~resldent-Frcd l.. Goodman.
Vice Presidents-E. Y. Sarles: O.. q.
secfetary-M. c. Bachelor.
Principal Ofice-Grand Forks, n. d
Attorney for Service Of Process in the
State Of North Dakota:
Name, Commissioner OF Insurance. 10
cation, Bismarck, n. D. +
CAPITAL.
Amount Of capital stock paid
F.. up In full ................$ OO.OUO.OO
ASSETS.
Value of real estate owned by
Loans on bonds and mort. ~
state ssses city, s.e; county me other ''s''''''''
bonds, warrants $500. 1s.477.27
Cash on hand and In bank. 32.2O3. -
Interest due and accrued. -. 4,989.29
ton and transmission. ..... 1880
Unidentified assets, furn, tx.
and overdraft ............. 3.1J2.36
Total assets ...............$ 2G4,59O.11
LIABILITIES.
Amount Of unearned premiums
on all outstanding risks..:$ 1s,172.9s
Due for commissions and
nt sss7sri fss taxes ;;;:: ESTIMATED: 2, Sz3:s
Deposits 12o.s24.21
Interest accrued, ............. l.6OO.35
Total liabilities incomes 142, 900. Is
RECEIPTS.
Premiums received during the
year In cash ..............$ 55.34O.d9
Interest and dividends receiv-
ed during the year....... 1G,6O3.3a
-" pisBuRsEMENTs..
Losses paid during the years. 226.s:
Dividends paid during the year 6,OOO.W
brokerage ............... e,412.G
other charges ............. II, 173.ss
Paid for taxes ......... 1,6s1.J 81,
Amount of all other disburse-
ments, interest paid out and
misc. 5,43G.91
Total disbursements ......s so.e4o.755
NORTH DAKOTA BUSINESS. (
Total risks taken during the
Total premiums received dur
ing the year metz ......... 33,14O.74
Total losses incurred during
Total amount. of losses paid
during the year .....s.... Z26.S2
STATE OF NORTH DAKOTA,
Office Of Commissioner of Insurance.
I, w. G. Taylor, Commissioner of In
surance of the State of North Dakota. do
hereby certify that the foregoing is a true
abstract of the original statement now on
file in this office.
In testimony whereof, l have hereunto
set my .hand and affixed the seal of this
Office at Bismarck the LIST day of April,
SEAL W.. c. TAYLOR, 4,
Commissioner. of Insurance.
STATE OF NORTH DAKOTA.
Office of Commissioner of Insurance.
COMPANY's CERTIFICATE OF AU-
THORITY.
Whereas. the Northwestern Trust Co., q
corporation organized under the laws of
office a sworn statement exhibiting Its
condition and business for the year end
ing December 81, 1913, conformable to the
requirements Of the avs of this state,
regulating the business. OF insurance. and,
Whereas. the said company has filed in
ter with certificate of. organization in COM
pliance with the requirements of the in
surance laws aforesaid.
Now. therefore,, !. W.. c. Taylor. Com
missioner OF Insurance Of the State Of
North Dakota, pursuant to the prSvisio ons
above named company. IL. fully empower
ed. through its authorized agents, to
transact its appropriate business OF, au-
thOriZed insurance In this state according
to the laws thereof, until the 31st day Of
March. a. ID. 1915.
set my hand and seal at Bismarck, this
Let day of April, A. n J; 1914; 40
Commissioner of Insurance.