The weekly times-record. (Valley City, N.D.) 1912-1922, 1918-06-06

OUTSTANDING premiums lOO,USO.1l
Gross Assets ............$121,401 ,92S.48
Unidentified Assets:
Premium notes,
policy loans and
other policy as
sets in excess OF
net value and Of
other policy liza.
bilities on indi-
Book value Of
Bonds over mar
ket value (See
Schedule A. 100000
Total Unadmit-
ted Assets rs 2,480.95 2,48O.95
Total Assets ............. s121, 3ss, ~ 81
LIABILITIES.
Policy claims In
process OF ad-
justment, or ad-
justed and not
Policy claims re-
sisted by the
company ,...... 13, 46051
Total Policy Claims .....$ 3ss,51s.61
Net present value of all
! outstan!a!inF n polic csmt ana
American 31k per cent -. 9s,so9, 1880
Dividends due ............. 1S4,S69.44
Taxes due during 1918 49,. 31s,635. IL
191s ..................... 4,s44, SLIP
ally. on deferred dividend
AMOUNT nes of ali other iabiii. o''o4'o
ties .................... 1853, ss1.37
Total liabilities, less CAPT.
tai stock and surplus. IS 13, 81 .32467
Capital Stock and Surplus. 1858, 122S4
Total ................... .$121, sss, 447. 81
INCOME.
New Prem
iums ........$ 1926, 528.3S
Renewal Prem
iums ........ 1865, 949.S7
pe aT.ct Prem. s'''''''4'0'@'
iums paid for
reinsurance 600
Total Premium Income. IS 1871 1870
ceived .................... 1888, 1sO.71
Rents received ............ 356,s55.N
Income from all other
sources ................... s79,399.1o
Total Income ..........$ p, 1850 ,923 o5
'@.- EXPENDITURES.
Paid for Losses and Addi- -
me ments and Additions ~. s,ce2. ss5. g
Paid to Annuitants ........ 27,G74.T
cies .....:........... 2,791 1861
| Cash surrender values ap-
piled In payment Of Prem
Dividends paid to TO- Policy:
Dividends paid to Stock: a.n ... -.
Cash paid during the year
aries ..................... 1861, $50. 7e
Taxes paid during the year 39S, 225.27
Cash paid for Advertising,
| postage, telegraph. tele.
| phone. express and ex- .
Cash paid Tor committing
commissions 10000
Amount Of all other cash ex- =,
| pendttures ............... 1,65O, Dob. "
Total Expenditures ......$ 1886, 1854
NORTH DAKOTA BUSINESS.
Whole number of pol
icies writ ten in
| North Dakota dur
Total Risks taken during
the year in North Da-
total kofa Premiums received '0''''0'
during the year in North ,,- GOV o..
ro 9aF0' Losses paid during '''''''0
the year in North Dakota 4O,034. 16
Total Losses incurred dur
sTX t or NORTH DAKoTA.
| !, 8. A. Olsness. Commissioner of Insur-
Ance OF the State Of North Dakota. do
hereby certify that the foregoing Is true
abstract Of the original statement now on
In Testimony Whereof. have hereunto
Get my hand and affixed the seal Of this
Office at Bismarck the First day Of April,
iSEAD 8. A. OLsNEss.
(sEAL s. A. OLsNEss,
STATE OF NORTH DAKOTA.
Office of Commissioner Of Insurance.
| COMPANY's CERTIFICATE OF
AUTHORITY.
whereas, The Union Central Life In:
| surance Company, corporation organized
under the laws Of Ohio, has filed in this
\ office a sworn y statement. exhibiting its
condition and business for the year end
December 1sl7 III ths to eta the
regulating the business Of Insurance. and.
| Whereas, The said Company has filed IN
| this Office u 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.
missonev OF Insurance Of the State OF
North Dakota pursuant to the provisions
OF said laws, do hereby certify that the
above samed Company Is fully empowered:
/ through its 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, have hereunto
| First day Of April, A. D. 1918.
| iSEAIl s. A. OLSNESS.
! Commissioner of Insurance.
Efficient banking is good policy.
Efficient auctioneers mean the same
thing. Secure I. "A. Harris of Valley