The Dickinson press., 1917-03-31
PETITION

Company OF North Dakota by The
pa"s. p'.;e'" pE4'H?on G7t'fGoi Life Insurance CON-
Company Of North Dakota; Petitioner.
Life, and files WITH the Insurance COM
missioner Of North Dakota this, it's Pc
tition for Approval of the Contract for
Fenser LIE by the Lneoin Satiena %
ignated as The Lincoln National Life:
tract for such proposed reinsurance are
5s 91SSl @ BY eaa sstwesa q
and e existing % Under the laws Of the State
Of N0th aane Rsfeta aS St The RPEH tHSsen Te
and The Lincoln National Life Insurance
Company Of Fort Wayne, 1ndiana, a cor
a%s Of he STATE aof nds
Lincoln National Life. WiTNEssETH.
said Fri The Lincoln National Life ali Of its
life insurance business and all of its
and have all of its policy contracts re
insured with, anad its outstanding obli-
cations of every nature now accrued or
hereafter to accrue, assumed by said The
AND. WHEREAs, said The Lincoln
National Life desires to reinsure. take
ness Of said The Pioneer Life together
with all outstanding obligations of said
of the premises and Of the mutual coven-
ants and agreements herein contained, it
The eefG1S Eneon an Hatonal 1e upon the
approval of this contract by the Auditor
of the State of Indiana and by the Com
mission, established and acting under the
T 0f
of reinsurance contracts upon petition
filed with the Insurance Commissioner of
North Dakota, does hereby u1nderoWritet.
the insurance policies and contracts of
said The Pioneer Life in force at the
date ct such be at
such approval of this contract. assume
sndggE ana fa Pe al esa Of ead
The Pioneer Life as of March 31st, 1917,
and covenants and agrees to and with
of dhf The %oders s of he pees
ferred to and to and with the benef1ciar-
les thereof and their legal representatives
ths sSSEa eSgafons % Of o The S Poneer @
Life contained in the policies herein re-
ferred to, and covenants and agrees to
odean 1depsndent asSe Certificates ia @ Of Xssumption
as of March 31st, 1917, to be attached to
each such policy reinsuring the same
eonditiens Conditions ald thereof; % provided, however.
assumed sssu 1lea by The Lincoln National Life
eos eoanterciams ssSa and Offsets Which are or
might hereafter become available to The
Pioneer Life: .eo .oo, ,ouo,,, ,,,o,,
the ns c s hs eSs sefee 9s
Commission and by the Auditor of the
State Of Indians Se asSgn
al Of its right title and interest I a. as of Of
policy contracts issued on or prior to
whether such policies are issued at such
time or thereafter.
g. The Pioneer Lite fs, does hereby upon 1s9
Iineoln asi1i' Natienai ] Life as Of March sist:
1917. al Of the assets and property Of
ances and other evidences Of debt or
credit. furniture, fixtures. and all prop
pssy possessed e 'fSy by The Pioneer Life at such
time wherever situated, excepting. a suf-
ficient amount in value OF such cash,
tai l'I and ~ admitted surplus Of said The
Pioneer Life as shown by e report g. OF
determined by the Insurance Department
of North Dakota. To such amount of
capital and admitted surplus shai be
auch securities Covering capitai and ad-
mitted surplus from March 31st, 1917.
4. Upon such approval of this contract,
all receipts and disbursements of The
Pioneer Life on and after March 3lst,
1917, relating to and connected with the
property, securities or policies hereby
transferred to The Lincoln National Life,
shall be and become the receipts and dis
bursements of The Lincoln National
Life and shall be accounted for by The
Pioneer Life to The Lincoln National
Life.
S. Provided this contract is approved by
the Auditor of the State of Indiana and
said Commission, said The Lincoln Ma
tional Life shall pay to said The Pioneer
Life, it's successors or assigns: CON.
mission of five. (5) pei. cent of each Of
the cash premiums falling due on and
after March 31st, 1917 which shall be OBJ
tanned, collected, paid to and accepted
by The Lincoln National Life on and
insurance herein referred to and nd as as
period of five (5) years from March
I'm IN W1TNEss WHEREOF, the parties
hereto have caused this agreement to be
executed by their respective officers, duly
authorized, and their corporate seals to
be affixed this - day Of March, 1917:
COMPANY OF NORTH DAKOTA.
< It's President.
sURANCE COMPANY.
It's President.
Your Petitioner prays for the approval
of said contract of reinsurance, or any