Sioux County pioneer. (Fort Yates, Sioux County, N.D.) 1914-1929, 1918-06-13
ABSTRACT OF STATEMENT.
For the Year Ending December -,

ABSTRACT OF STATEMENT.
For the Year Ending December ~,
A. o. 1917.
OF the condition and Affairs Of the
Western Assurance Company OF Toronto,
organized under the laws of the Dominion
Of Canada. made to the Commissioner
kota, in pursuance of the laws Of said
State.
President, W. B. Meikle.
Principal Office, % wellington st. East,
Toronto
Attorney for service of process in the
state of North Dakota:
Name, Insurance Commissioners; Loca.
ton, Bismarck.
Organized or Incorporated. August. 1851.
Commenced business, August, 1851.
CAPITAL.
Amount of capital stock paid
up in full deposit Is i,rs 8 100000
Stocks and bonds .......... $1,000, 1929
Cash on hand and in bank. 1905, 2S7 f3
Interest due and accrued 80. S0,106S So
Premiums in course Of collec-
tion and transmission go. S10,71S.58
company .................. s,14ss2
Total ..................... s42l5, 52s17
value Of special deposits in
excess Of corresponding liza
bllities ................... 2o,e45.ss
Total assets .............. $4,1s4, 57s. "a
LIABILITIES.
Gross claims for
losses unadjusted
and adjusted and ~, ,oo..
Losses resisted by
the company 15,47S00
Total ros.
amount of
claims for loss
es ......... 81, 116, S70.64
Deduct re-insur- -
ance and SAL
wage claims
thereon 1861, 039.0O
Net amount Of unpaid losses s 755, ss1 "a
Amount of unearned premt-
ums on all outstanding
Due for unpaid dividends. -'0-'''0'''
commissions and brokerage 2,363.13
Accrued taxes .............. 81, 80,
Unpaid bills Observation-Disclosures. 100000
s2,52s, ss7 .e5
Deposit capital ........... 4oo.one. IN
Surplus Observation-Disclosures. 1861. 691 GO
Total liabilities ........... s4,ls4,57s.s
RECEIPTS ..r
Premiums received during
the year in cash .....::.... $s,e52, 1s5. IA
Interest rents and dividends
received during the year. 119, ass. 90
Amount received from all
other sources ............. 213.ss2.9s
Total receipts ............. $685., 476.19
DISBURSEMENTS.
Losses paid during tho year.. $1.636 S40.32
Dividends commissions and
brokerage paid during year S20,O4O.26
Paid for salaries taxes. fees
and other charges ........ 313, 81
Amount Of all other dsljurse-
mentS .................... 3O9.2O5.l III
Total disbursements 5000. s3.O7s. 740.35
NORTH DAKOTA BUSINESS.
Total risks taken during the
year 0fS, lo5.UU
Total premiums received dur
ing the wear ............! S.994.94
Total losses incurred during
Total amount Of losse. paid
during the year .......... 4,155.G
STATE OF NORTH DAKOTA.
Office OF Commissioner of Insurance.
I. S. A. Olsness. Commissioner of In
d 90 sereb % certify s that q the o Is
a true abstract Of the original state
ment now on file in this office.
In mo S.n Mher gd have the hs ses
Of this Office at bismarck. the LIST day
@sEA1, ~ - ''' s. A. oLsNEss.
SOHIIIlSStOtIcI va iISsuldApC0s
STATE OF NORTH DAKOTA.
Office Of Commissioner of Insurance.
COMPANIES CERTIFICATE OF
AUTHORITY.
Whereas. The Western Assurance Co..
a corporation organized under the laws Of
Dominion of Canada hns fled in this office
sworn statcm"rt exhibiting It's condition
md business for the year ending DerembeR
81. 1917. conforn,ahle to the requirements
nf the laws of this state. regulating the
business Of Insurance. and.
Whereas. The said COMPANY. has filed
in this office duly certified copy of
is charter with certificate Of organiza-
ton in compliance with the require
ments of the Insurance laws aforesaid.
Now. therefore. !. s. A. O'sness. Com.
missioner Of Insurance Of the. State OF
North Dakota, pursuant to the proy!-
sions of said laws. do hereby certify
that the above named Company Is fully
s sFents. to- transact transact its approprate
business of Authorized Insurance in this
state according to the laws thereof un-
til the 31st day of March. A. D. 1919.
In testimony whereof. have hereunto
set my hand and seal at Bismarck. this
LIST day Of April A. D. 1918.
(SEAL) S. A. OLSNESS.
Commissioner Of Insurance..