The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1918-06-14

General Noble will be named as his
successor. go.
CNo. 1s.) ri.
ABSTRACT OF STATEMENT.
For the Year Ending December 81,
A. ID. 1917.
OF the conditions and affairs OF the
Equitable Life ms. Co. of Iowa, or
ganized under the laws Of the State
of Iowa, made to the Commissioner
of Insurance of the State Of North
Dakota, in pursuance of the laws OF
said State.
President, ]. C. Cummins.
Vice President, H. s. Nellen.
s9gGfrpeettaagy' o 2; F. aad 1eyino.
ATTORNEY for. Service of Process in
the State Of North Dakota:
Name, Commissioner of Insurance.
Location, Bismarck.
1857 Organized or Incorporated January
Commenced business March, 1857.
Amount of Capital Paid
up IN Cash XssB ;T;ss'S 100000 90
Value of Real 0f Estate
owned by Company. $ 467,000. 90
Loans secured by Deeds
cages on Real Estate 1887, s22. 65
Loans ........:.:. .o67,6S7. %
Bank, ............... 1918. 80
crued ............... 62s,S1o. IS
iums -; -: - s52.S85.76
Agents net balances 94,247.7
Gross Assets ...,....s 22,67S,OSs 90
Unidentified Assets:
ses snoes . D@ ss.sss.s7
Hi able t ...... so,84s.45
Total I'm
admitted Assets .....$ 1855. AZ
Admitted Assets ....S 22,56o.4O2 SO
LIABILITIES.
Total Policy Claims..S 42,3S1. sc
Net present value of all
ooQtstanding policies
cent, 0' and nd American
cent :......... :. =. 1s,Oss,5ss .os
paid, and apportioned SS2,216. "a.
Taxes Accrued ;....:.. 10000 90
abilities ............ 7S9,930 1T
Total liabilities .....s 2O,871, Os6. 40
New Premi-
. ums :; ,$1.o6s.s7S.s2
FG in@s p ~. s,87s,4s2.1s
Disability Ben
fits s...... T141.6S
Total .s4.444.476.6s
Deduct Prem
iums. paid
for Rein
surance .... 7492.S2
Total Premium INCOME 4.4ss.s88 rs
IL r ref I''1 ............ 1.o2s,447. ~
Rents received ,....... 76,S00 81
Income from all other
sources .....''.''''' fS''0o'So
Total Income ......s 5,622,O68 .64
Hd 5S I : oSSSs 90" B5s.sss so
lions ton ' ............$.. 165.6so 80
Paid to Annuitants. -. 1868 .1S
4 Policies les . su..eG 879.5sO .7s
Cash surrender values
fPeIdiG rs p ..!.....:. 1864
Dividends paid to Pol
icyholders ...:....... 667,S25.10
stocKRolders ........ $1,000 90
Cash paid during the
s9d Salaries JAZZ 5lt ....... S5s,447. 90
Year ................ 41,757 so
CASH sfAr paid for : Atd;v;er;tia- ao,o -
Ca inr Pom cocmm E 49,. 1000 90
nf all other --r...r.
Am csSl5 tEXXp 6 dit 824,s92 ~
Total Expenditures. S,187,19o. 81
NORTH DAKOTA BUSINESS.
Whole number. of poll
cies written in North
Dakota during the
total Ss1' Risks taken dur
ing the year in North coz az
Total Asf Premiums re-
ceiyad d ur ing the
year in North Dakota 21,17o 81
Total Losses paid dur
ing the year In North
Total Losses incurred
during the year None
STATE OF NORTH DAKOTA,
Office of Commissioner of Insur-
liG A. o1sness, Commissioners of
r,,s,,rance. Of the State of North Da-
'icota. do hereby certify that the fore
Going is a true abstract of the orig
fnal statement now on file IN THIS
office. 49,
INTO set my hand and affixed the seal
of this Office at Bismarck, the First
d 5sEES e Aprlb a = s. 4. oLsNEss,
Commissioner of insurance.
STATE OF NORTH Dakota,
office Of Commissioners Of 1nsur-
anes- r7yss .c,ERTIFIcATH or
AUTHORITY.
whereas, The Equitable Life In
al1rance COMPANY, a corporation or
eganigsd under the laws of Iowa, mas
filed in this office q sworn statement
49, hifine It's condition and business
for the year ending December 81,
19i7 conforrnable to the requirements
~ fhe laws OF this state, regulating
the business of Insurance, and,
whereas, The said company has
filed in this office duly certified
aanv IF IFS charter with certificate
81 organization in compliance with
the requirements of the Insurance
laws aforesaid.
Now. Therefore, I, s. A. Olsness,
Commissioners of Insurance of the
State Of North Dakota, pursuant to
fine provisions OF said laws, do hers
IN certify that the above named
cson1Darly IFS fully empowered through
ifs authorized agents, to transact it's
appropriate business of Authorized
Insurance. in this state according to
The laws thereof, until the 3Ist day
In Testimony Whereof, have here
INTO set my hand and seal at Bis
marck, this first day Of April. a. p.
1sF1I,9 S. "A. oI4sNEss,
Commissioners OF Insurance.
~ Zs-T a. II Qf8 ~