Courier Democrat. (Langdon, N.D.) 1891-1920, 1918-06-20
ABSTRACT OF STATEMENT.
For the Year Ending December 81,


A. .. 1917.
OF the condition and affairs Of the Amer
ican Eagle Fire Insurance Co., of New
York, organized under the laws OF the
State of New York, made to the COMMITS
sioner Of Insurance of the State of North
Dakota, in pursuance of the laws Of said
State.
President. Henry Evans:
Vice President, F. w. Koechert.
Secretary, Ernest Sturm.
Principal Office. so Maiden Lane.
State of North Dakota:
name
Organized or incorporatcd August, i9i5.
Commenced business August, 1915.
Amount of Capital Stock
paid up in full ...........$ 1000, 000.0O
ASSETS.
Stocks and Bonds ...........$ 2.173, $3.50
Cash on hand and in Bank. 156.274. 10
Interest due and accrued 90. S,111.S7
Premiums In course of col
lection and transmission. 800, 729. SO
All other sums due to the
company ................. 1850 SO
- $ 2,7ss.2o7.ss
Unidentified Assets ......... 1,O40.6 "a
Total Assets .............$ 2,I22, 1861 "a
LIABILITIES.
Gross claims for
Losses %unadtuSt-
ed and adjusted
and unpaid ....$2JS, 923.3S
Losses resisted by
the Company . 10000
Total g o
s ses'l. .... 81
Deduct Rein
surance and
salvage claims
thereon ....... 2l7, $500
Net amount of unpaid Losses 41,527.1S
Amount of unearned Prem
iums on all outstanding
Due for unpaid Dividends,
Commissions and Broker
age 4,O20.Io
S 51o.:3 8 SO
All other Liabilities ........ 1893, S00.0 90
Total Liabilities ..........$ 904, 1879
RECEIPTS.
Premiums received during
the year In Cash..........$ 526, 100. 80
Interest, Rents, and Divi-
dends received during the
year 1so,451.7e
other sources ............. 1854 2s.o 90
Total Receipts ..........s 2,oo22,6 SO. so
DISBURSEMENTS.
Losses paid during the years 179, 93S.62
Dividends, Commissions and
Brokerage paid during Ine'
Paid for Salaries. Taxes,
Fees and other charges -. 81, 3S6.63
Amount of all other Dis
DurSementS ............... l,tOo, OUU.09
Total Disbursements .....S 2,195,7 TILT
NORTH DAKOTA BUSINESS.
Total risks taken during the
year 166, $500
Total Premiums received
during the year ...3....... 1,799.48
Total Losses incurred during
Total amount of Losses paid
during the year ........... 756.76
STATE OF NORTH DAKOTA.
I, s.. A. olsness. Commissioner Of In
surance of the State Of North Dakota.
10 hereby certify that the foregoing is
a true abstract of the original state
In testimony whereof. nave here
unto set my hand and affixed the seal
If this Office at Bismarck, the LIST day
II April. A. D. 1918.
Commissioner of Insurance.
STATE OF NORTH DAKOTA,
COMPANY'S CERTIFICATE OF
AUTHORITY.
Whereas, The American Eagle Fire ms.
Co., a corporation organized under the
laws of New York. has filed in this office
a sworn statement exhibiting it's condi
ton and business for the year ending De
cember 81. 1917, conformable to the re
quirements of the laws of this state. regu
lating the business of Insurance, and,
Whereas, The said Company has filed
in this office a duly certified cop OF
its charter with certificate Of organiza-
ton in compliance with the require
nents Of the Insurance laws aforesaid
Now, therefore. I, S. A. Olsness. Com
missioner of Insurance Of the State Of
North Dakota. pursuant to the provi-
sions of said laws, do hereby certify
that the above named Company is fully
empowered, through its authorized
agents. to transact its appropriate
business Of Authorized Insurance in this
state according to the laws thereof, I'm.
til the 31st day Of March. A. D. 1919.
In testimony whereof. I nave hereuntc
set my hand and seal at Bismarck, this
list day Of April. A.. D. 1918.
(SEAL) S. A. OLSNESS,
Commissioner of Insurance