The Hope pioneer. [volume] (Hope, N.D.) 1882-1964, 1917-05-31
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ABSTRACT OF STATEMENT
For the Year Ending December 81, A.
d. 1916
OF the condition and affairs Of the
Masonic Protective Association of
Worcester, Massachusetts,, organized
under the laws Of the State of Mass
made to the Commissioner OF
Insurance of the State of North Dakota.
in pursuance of the laws of said State.
President, Frances A. Harrington.
Vice President, Harvey Clark.
Secretary, Charles A. Harrington.
Name, Commissioner Of Insurance;
Bismarck, N. D.
Attorney for Service of Process in
the State Of North Dakota:
Principa! Office Is Franklin st. Wor-
ccster, Mass.
Organized or Incorporated June 10,
Commenced business June 20, 1895.
CAPITAL
Amount Of Capital Stock paid
up in full 100, 100000
n Bonds 457,115.00
Cash on hand and in Bank. 16S,672.22
Interest accrued .-"--. 7,912.57
6ss,s9s.7s
Cnadmitted Assets .-.".. 3,147.16
Total Assets $780, $50. ga
LIABILITIES
Gross claims for
Losses unadjust-
ed INC adjusted
and unpaid .....$1O9, 1857
Total gross
amount of claims
for Losses .-----. 100, 1857
Net amount of unpaid Losses 100, 1857
-Amouns of unearned Pre-
miums on all outstanding
risks -. 1s5,9s2.67
igation n adjustment
Of unpaid claims .......... 645.s4
Salaries rents. expenses, bills
accrued 2,s22.sO
payable for Federal, State
and other taxes 16.32782
s15,497.so
Total Liabilities $1,000. 315,497.so
RECEIPTS
Premiums received during the
year in Cash ;..:-----:...ss1e,s so.ss
Interest and Dividends receiv-
ed during the year .......... 23,199.15
Policy fees required or repre-
sented by application ..... 1s5,4s7.oo
Collections over remittances 1886
Total Receipts ...1, OO5, $780, rs
DISBURSEMENTS
lAoSStS paul uuEluS Tie year 4OS,lS(,4y
Dividends, Commissions and
Brokerage paid during
year =: 7s.575.21
Paid for Salaries. Taxes, Fees
and other charges .---~~.... sss,s5s.77
Total Disbursements -. 94o,716.47
DIRT DAKOTA BUSINESS
Iotal risks taken during the
year -! $1,000
Total Premiums received dur
ing the year 615.OO
Total Losses incurred during
the year $685. 10
Total amount of Losses paid
. curing the year 43S74
state of North Dakota. Office Of Com
missioner of Insurance.
!, $: "A. oLSNESs, Commissioner of
insurance of the State of North Dakota
is a ast truss e ebstrgct that at the foregoing
statement now on file in this OFFICES ""i
IN TESTIMONY WHERE0FR" iTi ~
hereunto set my hand ana aff;vad "d ahe
sea- or this Office at Bismarck the
nrSt Day of April A. D. 1917 II
(SEAL) i'A!
S. A. OLSNESS,
/cE,, commissioner of Insurance
State of North Dakota, Office of Com
missioner Of Insurance:
AUTHORITY
WHEREAS, The Masonic Protective
Association: a corporation organized
under the laws of Massachusetts, has
filed II this office a sworn statement
exhibiting its condition and business
10r the year ending December 81,
1916, conformable to the requirements
OF the laws Of this state, regulating the
business Of 1nsurace, and,
sly, MHEREAs The said Company has
nsed IN this office a duly certified COPY
u us charter with certificate Of or
sanlZatlon in compliance with the
aenulrements of the Insurance laws
NOW, THEREFORE,, I, S. A, OLs-
.taSS. Commissioner 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 empowered, through its
authorized agents, to transact it's ap-
propriate business of Authorized In
Surance in this state according to the
Jaws thereof, until the 31st day of
March, A. D.. 1918. ="
. IN TESTIMONY WHEREOF. I have
set my hand and seal at Bis
marck. this First Day Of April, A. d.
1917.
tSEAL)
S. A. OLSNESS,
Commissioner of Insurance