Courier Democrat. (Langdon, N.D.) 1891-1920, 1918-06-13

President, w. b. Meikle.
Secretary. +. f. Garrow.
Principal Office, 10, % & % Front st.
East.
Organized or Incorporated February 18th,
1898.
Commenced business June 10th, 1885.
CAPITAL.
Amount of capital stock paid
up In full, deposit capital. S 200, 100000
ASSETS.
Stocks and bonds ........... 81, 656, 40. IS
Cash on hand and in bank. 3OS, 46S.0 OIL
Interest due and accrued. 5,0G7.5 SO
Premiums In course OF collec-
ton and transmission X. i. 2S4, 591. 5S
All other sums due to the
company ................. 229.u4
Gross assets ............ a. 27.o OF
Unidentified assets .......... S2,653.S7
Total assets .............. So 1872, 1914
LIABILITIES.
Gross claims for
losses unadjust-
ed and adjust
ed and unpaid. 1895, 527.A
Losses resisted
ed by the COM
pany ........... l2.lSl.W
Total gross
amount OF
claims for
losses .......SiOt,7lS.4
Deduct reinsur-
ance and
S wage
p claims there
y on ........... 140.637.W
Net amount of unpaid losses. $ 267,OS1.A
Amount of unearnel premi-
ums on all outstanding ~
Commissions and brokerage $4,000
All other liabilities. ....... 22, 942. So
Total liabilities .......... ST. AIS, 245.79
RECEIPTS.
Premiums received during
the year in cash. ......... $l,396,l69.O4
Interest, rents and dividends
received during the year. 6S,l11.06
other sources ........ es, 500. 90
Total receipts ............ 81, 562,S4O.1 10
DISBURSEMENTS.
Losses paid during the year. S 62S,718.57
Dividends, commissions and
brokerage paid during year 335, 1861
Paid for salaries. taxes, fees
and other charges ....... l73,66S.52
bursements ... 14o, ooo. "a
Total disbursements ...... 81, $50, 1890
NORTH DAKOTA BUSINESS.
Total risks taken during the
SSdA y
Total premiums received dur
ing the year ............. 4,l04.8O
Total losses incurred during
Total amount Of losses paid
during the year .......... 3,65S.6l
STATE OF NORTH DAKOTA,
Office of Commissioner of Insurance.
I, S. A.. .Olsness, Commissioner of lnsur-
hereby certify that the foregoing is a true
abstract of the original statement now on
file in this office.
In Testimony Whereof. 1 have hereunto
set nv hand and affixed the seal of this
office at Bismarck the First day of April,
ISEAL) S. A. OLSNESS,
Commissioner of Insurance.
STATE OF NORTH DAKOTA.
Office Of Commissioner of Insurance.
COMPANY'S CERTIFICATE OF
AUTHORITY.
Whereas. The British America Assurance
Co, a corporation organized under the laws
Of Dominion of Canada, has filed in this
mess for the year ending December 81,
1917. confOrmable to the requirements OF
| the laws of this state. regulating the bust
| ness of Insurance, and,
charter with certificate of organization in
compliance, with the requirements of the
Insurance laws aforesaid.
missioner 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 it's authorized agents, to transact
its appropriate business of Authorized In
surance in this state according to the
laws thereof, until the 31st day Of March
A.. D. 1919.
In Testimony Whereof, I have hereunto
set my hand and seal at Bismarck, this
First Day of April, A. D.. 1918.
| (SEAL) S. A. OLSNESS,
Commissioner of Insurance.