Sioux County pioneer. (Fort Yates, Sioux County, N.D.) 1914-1929, 1917-06-07
ABSTRACT OF STATEMENT.
eOr the Year Ending December n.

ABSTRACT OF STATEMENT.
For the Year Ending December n.
A. ID. 1915.
OF the condition and affairs of The
Twin City Fire Insurance Company. Of
Minneapolis, Mimi, organized under the
to the Commissioner of Insurance OF
the state of North Dakota, in pur-
su anee,s Of the Fla laws of said State,
Vice President. NJ. II. Schussler.
Secretary. W: A. Gordon.
Principal Office. 627 End Ave. Soutl.
Attorney for Service of Process in
the State of North Dakota:
Name. Commissioner. nf Insurance.
Location, Bismarck, N. u.
Organized or Incorporated, July 10.
1910.
Commenced business. April 8. 1913.
Amount of Capital Stock
paid up in full. 5 100000 90
Loans on Bonds, Mort
cages and Collateral
Stocks and Bonds. 1850. ' $500 90
Bank :................ 2e2.671.eo
Interest due and accrued S,466.49
Premiums in course or
collection and trans
Bills receivable. not ma
tured. taken for risks 307.66
Due from reinsurance
companies ............ 7,35O.41
School warrants .. 1922
Unidentified Assets 5.0s6.75
Total Assets ..... 7735(O %
LIABlLlTiEs
Gross G la ms
for Losses
I'M Il djuSted,
adjusted and
unpaid .....$ 3O.7O3.43
Total gross
IN CUNT of
claims for
n1 Losses .:.s so,7os,4s
Surance and
Sa lva ge
claims there
Net amount of unpaid
Amount of unearned Pre-
ins risks 80 ...:; 175.oe:ss
Due for unpaid Divi-
dends. Commissions
and Brokerage ...... s.752G2
Accrued taxes ......... 5l2lO
po,;cv so,,ou.. .,,,, 2ol,1s5.7o
folicy holders surplus. 572.425.24
Total Liabilities ..S 773.56O.y4
RECEIPTS
Premiums received dur
ing the year i'm Cash. 32J552 "a
Interest, Rents and Divi-
dcnds received during
the year ............ 3212e.44
Total RECEIPTS ;:;:::s 1861 .6sl.ls
Losses paid during the
Dividends. commissions 2"'''S4s
and brokerage paid
during the year ...... 2G1S5.9O
Paid for Salaries. Foes
Taxes and % r
charges .............. 14G11e37
Total Disbursements. 4s, ,2Ss.oO
Total risks taken during
ro fne H Eear ,c;s;voi $ '.'s'eo1eo
during the year ...... 2s4,73254
Total Losses incurred
during the year 800. 293,276.77
Iotal amount of Losses
paid during the year 800. 404. 20
STATE OF NORTH DAKOTA
ohlce of Commissioner of Insurance
o, L. L.. ;. A. oisness: conmissioner OF In
90 hereby certify that the foregoing is
a true abstract Of the original state
mGmt now on file in this ONCE.
In testimony whereof, | have here
unto set my hand ana a1ixth the seal
of this Office at Bismarck the ist dav
OF April, a. d. 1917.
tSEAD S. a. o1.sNEss.
STATT; OF NORTH DAKOTA.
Office of Commissioner of Insurance.
COMPANIES CERTIFICATE OF
AUTHORITY.
Whereas, The Twin City Fire 1nsur-
ahce Company, corporation organ
lied under the laws of Minnesota has
hied in this Office a sworn statement
exhibiting it's condition and business
for the year ending December 81. 1916.
con1ormahc to the requirements of the
laws of this state, regulating the bust
ness Of Insurance. and.
whereas. The said Company has fled
In this office a duly certified COPY of
It's charter with certificate of organiza-
ton i'm compliance with the rcuuirc-
ments of the Insurance laws aforesaid.
Now. therefore, ]. $. a. Olsness. Com
r,'ssioncr of Insurance of the Stare of
North Dakota. pursuant to the provi-
slons OF said laws. do hereby certify
that the above named COMPANY Is
fully empowered through its authorized
agents. to transact it's appropriate
business of Authorized TnsIrance in
this state according to the laws there
Of. until the 31st day Of March,
A. u. 1918.
In testimony whereof, 7 have here
unto set my hand and seal at Ris-
marck. this LIST day of April, A. ID. 1917.
\SEAL) S. A. OI.SNESS
Commissioner of Insurance.