STATEMENTS OF South Dakota Mutual Fire and Hail Insurance Companies AND Fraternal Life Insurance Orders For the Year Ending December 31, 1903. ANNUAL STATEMENT For the Year Ending December 31, A. D. 1903 Of the condition of the Ancient Order of United Workmen of South Dakota, organized under the laws of the State of South Dakota, made to the Commissioner of Insurance of the State of South Dakota, pursuant to the laws of said State. President, T. M. Simmons. Principal office Aberdeen, S. Dak. Secretary, J. D. Lavin. Commenced business August 21, 1889. I. BALANCE SHEET Amount of net or invested assets December 31st of previous year.. II. INCOME DURING YEAR 1903 Gross Amount paid by members to the Association or its agents without deduction for commissions or other expenses as follows: Gross amount of membership fees required or represented by application, without deductions, including Grand Medical Examiner's fee.. Assessments, mortuary. Cash received from other sources, viz: Supplies sold Subordinate Lodges.... Per capita tax received from Subordinate Lodges. Total income.. Total net resources.. III. DISBURSEMENTS DURING YEAR 1903 Paid for organizing new Lodges.. $169,000 00 862 27 3,811 99 3,200 00 945 00 Salaries and other compensation of office employes.. Medical Examiner's fees, whether paid direct by members or otherwise 745 00 597 31 Rent, $180.00; advertising and printing $3,301.22.. 3,481 22 All other items, viz: Guaranty fund paid Supreme Lodge. Postage $362.11; express, telegraph and phone $62.16; expenses of Grand Master $824.67. 17,112 42 1,248 94 Finance Committee's monthly meetings $510.06; Grand 5,167 68 Per capita tax paid Supreme Lodge $2,889.50; State Insurance Com. $86.00; surety bonds $30.00. *Policies or certificates issued during the year 1903, including annulled reinstated. Total.... 15,511 $29,602,000 00 Deduct number and amount which have ceased to be in force during 1903... Total policies or certificates in force December 31, 1903... 14,441 $27,659,000 00 Losses and claims on policies or certificates unpaid December 31, 1903. Losses and claims on policies or certificates prior to December 31, 1903, unpaid December 31, 1903. 8,000 00 Losses and claims on policies or certificates incurred during the year 1903. Total... 91 $171,852 00 Losses and claims on policies or certificates paid during the year 1903.. Policies or certificates terminated by death during 1903. Policies or certificates terminated by lapse during 1903.. Total receipts in the state of South Dakota, during the year for membership fees, annual dues and assessments, without any deductions for losses, commissions or other expenses... |