The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-06-07
(No. 49,
ABSTRACT OF STATEMENT.
+ or the Year Ending December 81,
A, ID. 1917.

A. ID. I0lY..
or the conditions and affairs of the
ganiZed under the laws OF the State
or Iowa, made to the Commissioner
Of Insurance of the State of North
Dakota, in pursuance of the laws Of
said State.
President, J. c. Cummins.
Vice President, H. S. Nellen.
Secretary, B. F. Hadley.
Principal office, Des Moines, Ia
Attorney for Service of Process in
the State OF North Dakota:
Name, Commissioner of Insurance.
Location, Bismarck.
1857. N 60 ''''' ,
Commenced business March, 1867.
Amount Of Capital pH6lF Pad
up IN Cash 'iAis:SE4;r;s;'S 100000 90
Value of Rea 4'f Estate
owned by Company..$ $1,000. 90
Loans secured by Deeds
Of Trust or Mort
cages on Real Estate 18,357,922. l. SIS
Premium Notes and
Cash GAt on hand and in S'O'''0''' "a
Bank .;.......:..... 1919. so
crued ..:...;.':..... 629,S1O IS
ipms ...:..;;..!....: 352,S35. 7S
Bills receivable ana
Agents net balances s4.247.78
Gross Assets ........S 22,678, OS9 90
Unidentified Assets:
Ag snoes .'.s ss,sss,s7
Bills receiv-
able 900. 3O,S46.45
Total I'm
admitted Assets ....S 1885. ~
Admitted Assets IS 22,56O, 400. IS
Total Policy Claims..$ 42,381. sc
Net present value of all
outstanding, policies
cent, and American
cent .,...........,.. 1s,Os6,56 O3
paid, and apportioned S82,215.94
Taxes Accrued ......:. 10000. 90
abilities ............ 7s9,9So II
Total liabilities .S 2O.S71, O96. 40
New Prem!- .N1n
R5 HmS IS Prs s1,o5S'S7s.Ss
iums -, 3,37S.462.13
Disability Ben
fits ....... 714l. 63
Total ...$4.444.476.5S
Deduct Prem
iums paid
for Rein
suranoe .... 7,492.S2
Total Premium Income 4,436, 9S3 76
Interest and dividends
received ...s.....s.. 1,USS,44l.I u
Rents received ,......, $4,000. 81
Income from all other
sources ...'''''.'''' fS,ISO' 80
10'a' EXP E%PBNDITuREs. ''''''V'
Paid for Losses and
Paid for Matured En-
lions s'''. ,... ' 165,58o. 90
Paid to Annuitants. 1,06S.1S
Policies .,......:.,. s79,5SO. rs
Premi1ms .:......:. Is,56s.44
icyhoiders ,......... 667,S2B, 10
stockholders ........ $1,000. 90
Cash paid during the
year for Commissions
and Salaries ....... S5S,447. 90
Year ..........:..... 41,757. so
Year ........!.s...., 94,14S. 81
Ing p .... ~. 7,O42. 70
Cash paid for oommut-
ing commissions 80. 1000, 90
cash Expenditures =. S34,892. 70
Total Expenditures. S,l87.19O. 81
NORTH DAKOTA BUSINESS.
Whole number of poll
cies written in North
Dakota during the
year ..ss1lS
ing thelyear in North -. car =.
total 1aNo'F Premiums re-
Sear in + North 9 t ! Dakota s1,17s.sl
Total Losses paid dur
ing the year in North ..
Total Losses incurred
during the year None
STATE OF NORTH DAKOTA,
office of Commissioners OF Insur-
s. A. olsnesg, Commissioner of
Insurance of the State of North Da-
iCota, DO hereby certify that the fore
inal statement now on file in this
" In testimony whereof. I. have here
unto set my hand and affixed the seal
Of this OFFICE at Bis 5ale the First
9 9sgg& 81 ApRAi' a. 1, <. oLsNEss,
Commissioners Of Insurance
STATE OBJ NORTH DAKOTA,
OfPice OF Commissioners of Insur-
SoMIPANYs CERTIFICATE OF
AUTHORITY.
Whereas, The Equitable Life In
surance Company, a corporation or
ganizad under the laws of Iowa, has
filed in this office a sworn statement
exhibiting It's condition and business
for the year ending December 81,
|1917, conformable TO the requirements
Of the laws of this state, regulating
the business of Insurance, and,
whereas, The said company has
filed in this office a duly certified
copy Of it's charter with certificate
OF organization in compliance with
the requirements of the insurance
laws aforesaid.
Now, Therefore, /, s. A. Olsness,
Commissioner Of Insurance OF the
State of North Dakota, pursuant to
the provisions OF said laws, 10 here
by certify that the above named
Company Is fully empowered through
it's authorized agents, to transact It's
appropriats business OF Authorized
Insurance in this state according to
the laws thereof, until the SIBt day
OF March, a. ID. 1919.
In Testimony Whereof, I nave here-
unto set my hand and seal at Bis
marcK, this first day of April. "a, 70.
1918.
(SEAL) S. a. 01at1HS5s,
Commissioner OF Insurance,
(1Gay 81 june 7-l4s 1880