Courier Democrat. (Langdon, N.D.) 1891-1920, 1919-06-05
ABSTRACT OF STATEMENT.
Fer the Year Ending december 81,
A. II. 1919.

"a W 1O1Se
Of the condition and affairs Of the
Boston insurance Company, of 81 Kilby
st.. Boston, Massachusetts, organized
under the laws of the State Of Massa-
2husetts, made to the Commissioner of
State.
President. William R. Hedge.
ry r. Hedge, Ward Williams.
Secretary, Freeman Nickerson.
PRINCIPAL Office, 81 Kilby St.. Boston,
Massachusetts,.
Attorney for Service of Process in the
State of North Dakota:
Name, S. A. Olsness.
Location, Bismarck.
1873.
Commenced business Jan. 20, 1874. -
CAPITAL.
A mount of
c a i t a
up in full u1Iu S 900, 100000
Amount of ledger as
December 81 Of pre-.
VlouS year ........... $9,477,490.7e
Value of Real Estate
owned by the Company $5O6,55S.3o
Loans on Bonds, Mort
cages and Collateral
Stocks and Bonds: s,o4S,9i7.Ss
Cash on hand and in
Bank 736,766.9a
Interest due and accrued 72,079.7A
Premiums in course Of
collection and trans
Bills receivable, not ma
tured, taken for fire,
marine and inland risks 79,243.64
ALI other sums due to the
Company ............. 1ss,ss2.oo
Gross Assets ......... $1,000, 67s.se
Unadmitted Assets ..... 153,O32.75
Total Assets ......... s11,o27,s 4e.s 81
LIABILITIES.
Gross claims =
for Losses ~ =
ana 5s}ssta ;S2 f.. !
ed and I'M :
paid ...:...s2,447,e s6.15
Losses resist Z
ed by the !
Company 55,971.17
Total gross {,
amount of
claims for
Deduct Re-
inSur a n
and salvage
c ! a j m S
MI thereon =: 7l2,ols;4S
losses :..:::.:;:i.:. 1.7s1,e47.ss
miums on all outstand-
Due for unpaid Divi-
dends, Commissions
and Brokerage ....... 1872, 500. 90
able for federal, state
and other taxes based
upon the business Of
ment 1s1. 2oe.ot
rine Reinsurance 800. SO, 900. ot
All other niaDil,ti.s..... ' i,,ssa,,S fss: Is
Total Liabilities ...... $11,047, 646.64
RECEIPTS.
Premiums received dur
ing the year in Cash.. $7,565,251.44
Interest, Rents and Divi-
dends received during
the year ....:.:....." 3e7.421.2s
other sources ......... 1S,105.Sa
Total Receipts ........ $3.50, 1855
DISBURSEMENTS.
Losses paid during the
Dividends. COMMISSIONS
and Brokerage paid
Pa ddri foF y ysnl ier: Taxes. 1'4S2'Sso'11
Fees and other
Amount of all other Dis
LASuIS ....s...sssssss flO,S1l.1o
Total Disbursements. s6,45O,e 45.31
NORTH DAKOTA BUSINESS.
Total risks taken during
ro Sai Ysar ii;i;' received '1'so4'771'oo
Total Losses incurred
during the year ...... 5,798.82
Total amount of Losses
paid during the year.. 5,979.63
STATE OF NORTH DAKOTA,
Office Of Commissioner of Insurance.
I, S. A. Olsness, Commissioner Of In
surance, Of he State Of North Dakota,
a true abstract Of the original staate-
ment now o file in this office.
In Testimony Whereof, | have here;
Of this Office at Bismarck the First day
(sEAL) S. A.. oLsNEss,
Commissioner of Insurance
STATE OF NORTH DAKOTA,
Once Of Commissioner Of Insurance,
AGTHoRITY.
Whereas, The Boston ms. Co., a cor.
poration organized under the laws OF
a sworn statement exhibiting it's condi-
ton and business for the year ending
December 81, 1918, c~onformable to the
requirements of the laws of this state
regulating the business Of Insurance.
and,
Whereas, The said Company has filed
In this office a duly certified copy of it's
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 to the provi-
sions of said laws. do hereby certify
that the above named Company Is fully
empowered. through it's authorized
agents. to transact It's appropriate bust
ness Of Authorized Insurance in this
state according to the laws thereof
until the 3lst day Of March, A. ID. 1920
In Testimony Whereof, l have here.
unto set my hand and seal at Bismarck
this First Day OF April, A. ID. 1919.
(SEAL) S. A. OLSNIcSS,
Commissioner Of Insurance