The Washburn leader., 1916-06-09

ABSTRACT OF STATEMENT:
For the Year End'ng December ~.
o, tn. condition III o. .ns a.. AFFAIR. of n.
Old Colony Insurance Company. OF Bos-
ton: organized under the laws Of the state
OF Massachusetts,; made to the Comnais.
sioner OF Insurance OF the State Of Noeth
Dakota. In pursuance Of the laws Of said
state. ,lf
President. Ransom 3. Fuller.
Vice Presidents. William r. Hedge. =
winchester.
ofss Sssst: = z R,s1 H4dEs, s;s:<
state OF North Dakota. 80 -
Name. Commissions Of tnsuraaos:
Location. Bismarck, N. D.
Organized or Incorporated, Juns l.
Commenced business. June 2. 1905.
Amount Of Capital Stock
paid up IN full. .......... 200, ,ooe 20
Loans on Bonds. Mortgages
and Collateral Security. 4l.0o0 %
Stocks and BoEds. ......... l.z02.s4o.00
Cash on hand and in bank 121, ,762 ~
Interest due and accrued. b,45s. Is
Premiums in course of COL
lection and transmission. ll3.247 ~
tured. taken for Marine
Cash deposited with Barring '''
Bros l. Co. Ltd. London $3.50. 90
Total Assets ............. 5 l.4S4.b4s. u
Gross claims for
Losses unad-
justed, ADJUST
ed and unpaid 5 l25. 800. .oS
Losses resisted IL
by the Com -
pany ......... 1s.s5o.os
n., ~A&,
amount OF .:;;sl
claims for = g.
n.d,,cf Losses Rein. 'l's'zl''e
surance and
salvage claims
thereon ...... 1875 Al loS, ,4y0. ~
Amount Of unearned Pre-
miums on all outstanding
Due for unpaid Dividends.
Commissions and Broker
age ...................... l.5ss.3s
8 ss5. .s16 80
All other Liabilities. . 1875 SO
Tota, Liabilities ........ go. .7s1. SO
REcEiPTs
Premiums received during
the year in Cash. ........3 742.lOl 30
Interest, Rents and Divi-
year ..................... 40 @ s2.46z .ol
other sources ........... 1926
Total KefeiR5s DiiRsBuR;sE5MEi;Nrs ''''''''''
Losses paid during the year 369.5S0.H
Dividends. Commissions and
Brokerage paid during the
Paid % for Salaries. Fees. '''
Taxes and other charges. 73.6l5 "a
Amount of all other Dis
bursements 7.I30 W
Total P!ssursements SIS ,a,,f:ss $500 g
Total risks taken during the
rStai sadr Premiums received ''''''
Total Losses incurred dur
retai 5ns sne amoynt yntr of Losses paid
sTATE ra5lRs OF 5Re NyoRrH yefri DAKOTA. ''''
Office Of Commissioner of Insurance.
surance OF the State of North Dakota, do
hereby certify that the foregoing is true
abstract Of the original statement now on
die 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,
6 cSEAL1 ~ w. c. TAYLOR.
Commissioner Of Insurance.
STATE OF NORTH DAKOTA.
Office Of commissionsr Of 1nsTrsncS: mrs e.
AUTHORITY.
Whereas. The Old Colony Insurance
Company. q corporation organized under
the laws Of Massachusetts. has filed IN
this office sworn statement exhibiting
It's condition and business for the year
ending December 81. 1915. conformable to
the requirements Of the laws Of this
state. regulating the business Of 1nsur.
Whereas. The said Company has nled in
this office a duly certified copy Of its is
compliance with the requirements Of the
Insurance laws aforesaid.
missioner Of Insurance Of the State Of
81 said laws. do hereby certify that the
above named Company is fully empow-
transact its appropriate business Of Au-
thorized Insurance in this state according
to tho laws thereof. until the s1st day OF
March, A. d. 1917.
In testimony whereof. l have hereunto
set my hand and seal 1t Bismarck. this
ist day Of April. A. D. 1919 r.v,op
Commissioner Of Insurance.