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

secretary, n. n. GarrOW.
Principal Office, Is, 20 & % Front st.
East.
Organized or Incorporated February 18th,
1893.
Commenced business June 10th, 1885.
CAPITAL.
Amount Of capital stock paid
up in full, deposit capital. S 200, 000.0
Stocks and bonds ........... 81, CSC. 47O.S5
Cash on hand and in bank.. 3OS, 46S.01
Interest due and accrued.... %, 067.53
Premiums in course Of collec-
ton and transmission 49,. 2s4, 5s1.5s
All other sums due to the
company ................. A2S.o4
Gross assets .............. $2.2l4,S2I.01
Unidentified assets ......... 81, 653.S7
Total assets .............. 81, 1872, 1914
LIABILITIES.
Gross claims for
losses unadjust-
ed and adjust
ed and unpaid. 1896, 527.A
Losses resisted
ed by the COM
pany .......... 10. 1911. o.
Total gross
amount OF
claims for
Deduct %reinsur-
ance and
S n l v a 6 e
claims there
on ........... 140. 637.OO
Net amount of unpaid losses. S 267,081.A
Amount Of unearned premt-
ums on all outstanding
Due for unpaid dividends,
commissions and brokerage 100000
AL other liabilities. ...... %, 942. 53
Total liabilities .......... 81 ,419,245.79
RECEIPTS.
Premiums received during
the year in cash......... $1,396, 1904
received during the year. es,171.oe
other sources .........: 9s,5oo.oo
Total receipts ............ 81, 1862, s4o.r
DISBURSEMENTS.
Losses paid during the year. 5 62A,718.57
Dividends, commissions and
brokerage paid during year 1885,, 1851
Paid for salaries, taxes, fees
and other charges ........ l73, $500
Amount Of all other dis
DurSementS ............... 14Z,UV2.S4
Total disbursements ...... 1880, 1870
NORTH DAKOTA BUSINESS.
Total risks taken during the
year = I22,JUo.UV
Total premiums received dur
Ing the year ............ 4,l04.SO
Total losses incurred during
Total amount Of losses paid
during the year .......... 3,65S.6l
STATE OF NORTH DAKOTA,
Office of Commissioners Of Insurance.
ance Of the State of North Dakota, do
hereby certify that the foregoing is a true
abstract of the original statement now on
IN Testimonv Whereof 7 have herennto
set my hand and affixed the seal of this
office at Bismarck the First day of April,
(SEAL) S. A. OLSNESS,
COMMISSIONS 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
office a sworn statement exhibiting it's bus
mess for the year ending December 81,
1917, conformable to the requirements of
the laws of this state, regulating the bust
Whereas, The said Company has filed in
this Office a duly certified copy OF its
charter with certificate Of organization in
compliance with the requirements Of the
Insurance laws aforesaid.
Now. Therefore, I, S. A. Olsness. Com.
missioner of Insurance of the State OF
North dakota, pursuant 10 the provisions
of said laws, do hereby certify that the
| above named Company is fully empowered
through it's authorized agents, to transact
It's 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..