The Ward County independent. [volume] (Minot, Ward County, N.D.) 1902-1965, 1916-06-01
ABSTRACT OF STATGME EMIT
For the Year Ending December ~

For the Yea. End'n9 December ~.
o, the condition I'll r. ana ND affair. Of Tn.
American bankers Insurance Company.
II Chicago Illinois, organized under the
avs Of the State OF Illinois. made to tne
laws OF said state.
President. Ernest W. Spicer.
Vice President. James +. Whedon.
ssnspsY o s7%s' + ". MSs q n... Ohio
Attorney for Service Of Process in the
State OF North Da.,ota:
Name, Commissioner Of Insurance:
Location Bismarck. N. %.
Incorporated, April 80, 1909.
Commenced business. July q. 1919.
Amount OF Capital paid up
ASSETS;
Value OF Real Estate owned
Losn. 1 ssoureS by ;' Deed: Of
Trust or Mortgages on
Real Estate -........,..... sso.sSS.As
Loans secured by Collats-
r1 g; Note. ana io::: .ss:::tt: :: !:
s;::.:; IT, e.: e." ~ :.s:.!;
Net amount of deferred and
outstanding Premiums -. t1.796.9S
Accident Department ...... S37.T
Amount of all other admit
4! .:s 9i s:1:n::: ;:;;;: :; :;
Bills receivable ............ +.4S0.06
Amount Of all other unad.
4s %iiiss 4 SsSs:.msa; 1 III :: =:
Total Unidentified
Assets ........$ ~ ,22A.S4
' assets LiiAB;ii1TiEs '''''''
Policy claims due and un-
PAID O,bVO. "
Total Policy Claims. .......S 1880. 90
Net present value OF all out
accident s;s; B B:s ':::. s.
Amount OF all other La
OAAIAos .............. SSsVot .VS
Total Liabilities ....e 4ss.sss. Of
New Premiums ........,,.. 1891 81
Renewal Premiums ....,... 1865. ~
Extra Premiums ......,.... S14. -
Total ....................., 2s5. sll -
Total Premium Income. 49,, 2s5. ss1. 81
Interest and Dividends re-
rs sst:' $s::,vsi ::::::: 's 1855: 8:
Income from all other
sources .................. 25.4ss. 80
Total Income ............s s2s, $50 8,
Accident Department ...... 1887 sc
EXPENDITURES
Paid for Losses and Add
lions ................... 24.2s4. 81
Paid for surrendered Poll
Cash paid during the year
for Commissions and Sal
Rents paid during the year 5000 ,0G
Taxes paid during the year 1926 .29
Cash paid for Advertising. 1878 OF
Cash paid for committing
Commissions ............. SO 81
Amount Of all other cash
Expenditures ............ 51,470. Sc
Accident Department S2,065 II
i''1 No aSPfpf p%KorX BUsfNEss VI
written in North Dakota
during the year. ......... 1s'
Total Risks taken during
the year in North Dakota $500 .0(
Total Premiums received
+ during the year I'm North amaze. .,
STATE or HSo1KiTim DAKOTA.
Office OF Commissioner Of Insurance.
I. w. c. aylor, Commissioner Of In
hereby certify that the foregoing 10 8
now on file in this office.
set my hand and affixed the seal OF thii
Office at Bisr- arck the LIST day OF April
A. d. 1916.
(SEAL) ". c.. TAYLOR.
Commissioner Of Insurance
STATE OF NORTH DAKOTA.
Office Of Commissioner OF Insurance.
COMPANIES CERTIFICATE OF
AUTHORITY.
Whereas, The American Bankers 1nsur.
ance Company, a corporation organlzeC
under the laws Of Illinois, has filed IN thii
office q sworn statement exhibiting III
condition and business for the year end
ing December 81. 1915. conformable te
the requirements of the laws OF this
state. regulating the business OF 1nsur'
Whereas, The said Company has filed
in this office duly certified copy OF ita
charter with certificate OF organization
in compliance with the requirements OF
the Insurance laws aforesaid.
Now, therefore. l, w. {. 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 empoW-
cred, through it's authorized agents. &c
transact Its appropriate business OF
Authorized Insurance in this state 40.
cordtnR to the laws thereof, until tho 31st
day OF March, A. D. 1917.
In testimony whereof, l have hereunto
set my hand and seal at Bismarck. this
kst Day Of April. A. d; 1915 rAv,op
Commissioner of Insurance.