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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (April 1, 1906)
THE OMAHA DAILY HTTnt SUNDAY. Ari.IL 1. 100fi. 7 th ANNUAL STATEMENT iCondaaiesi yEtna Life Insurance Company, HARTFORD, CONN. MORGAN U. BUL.KELBY, President. The) tifiHUng Insurance Company in w England, and tli Inreet in th World Writing Mfe, Accident, Liabil ity, and Healtli Inntiranrr. Assefg, Jan. 1, 1906.. 79,247.304.32 Premium receipts In 105 13.728.619.fll Interest and other re ceipts In 1905. . . . : Total receipts In 1905. Payments to policy holders In 1905 . . .3.231.830.90 10,960,470.31 .7,700,180.17 Lgai Keserve on Policies, and all Claims 03.930,781.31 Special Reserve In ad dition to Reserve above given Life Insurance issued, revived and paid for in 1905 Life Insurance In force Jan. 1, 1906. Guarantee Fund In ex cess or I term Ire ment by Com pany's Standard. . . Guarantee Fund In excess of Legal Itc qulrements 2,215,316.00 30,277,698.00 230,838,315.00 7,075,400.81 9,290,722.81 Paid Policy Holders Since Organization, $153,700,407.33. Gains in IliiNiness During I0O.V Increase In Assets.... 8,351,323.31 Increase In Guarantee Fun over Reaulre- mentg 319,700.16 Increase in Premium Income, 83l),96.84 Increase In Total In come 1,028,913.75 Increase In Life In- surance In force. . . . 13,533,376.00 Increase In Accident Insurance In Force.. 7,861,854.00 JOHN DALE, Manager, 810 IUmge Hlock, Omaha. Equitable Life CERTIFICATE OF PUBLICATION. T.A,TI5.J?F NBHRA8KA, OFFICE OF AUDITOR OF PUBLIC ACCOUNTS. t . LINCOLN. Feb. 1, 1906. vI?i.I,I,?SEB.Y CKRTIFIEI). Tfiat th. Equitable Life Assurance Hoclety of New York, In the state of New York, has com piled with the Insurance law of thin state, applicable to such companies, and la there fore authorized to continue the business of life Inaurance In this state for the current year ending- January 31at. 1907. Nummary of report tiled for the year ending- December 31st, 1906: INCOME. Premiums 61.8TD.149.il All other sources... Zi.Z2i.ll0M Total t 89.10S,'.19.7J Tt I s r I t n R w. vr ir- jir b Paid policy holders.! 41.159.674.49 All other payments 23,602.177.70 Total Admitted assets . ,. LIABILITIES. Net reserv 34n.Ml,i."J.no $ 64,;.752.1 $413,615,722.70 Met policy claims.. 3,!i6. 491.96 All other liabilities Capital stock paid up Surplus beyond capital stock and other liabilities... 3.u9,&!.7o $362,418.5 ti 100.000.00 O.OW.lM.Oo 61,199,164.05 Total 1143.615,71170 Witness my hand and seal of the Auditor of Publio Accounts, the day and year first above written. E. M. SEARLK. Jr., 81.) Auditor of PudIIc Accounts. JOHN L. PIERCE. Deputy. II. D. liEELY, Manager. WM. KEKRI BROWN, Cashier. 404 Merchants National Bank Building. CERTIFICATE OF PUBLICATION. . STATE OF NEBRASKA. OFFICE OF AUDITOR OF PUBLIC ACCOUNTS. LINCOLN, Feb. 1. 19u. IT IS HEREBY CERTIFIED, That the Security Mutual Life Inaurance Company of Blnghamton. In the State of New York, has complied with the insurance law of this state applicable to such companies and is therefore authorised to continue the ' business of life Insurance In this state for tii current year ending January 81st, 1907. SUMMARY OF REPORT FILED FOR . THU YEAR ENDING DEC. MOT, lliOo: INCOME. Premiums ' S1,M2.263. Ail other sources lo,41s.47 Tola! $1,788,681.76 DISBURSEMENTS. Paid policy holders.... $ 6W,13.48 . All oiner payments... tus.iai.s: Total I1.344.0WI.70 ADMITTED ASSETS. $3.37,Kf.itl LIABILITIES. . Net reserve ir.K,y.iu.ov .nui policy claim o,t.i4 ' All oilier llahlluies... loO,t4.00 $3,lltf,SG3.74 feurpiu oeyuiiu capi tal sloe ana outer liabilities iM.HM.Tl 620,14.72 Total eS.thii.sjti.tii Witness my hand and tue seai oi me Auuilur of t'ubiio Account tne day una year lirsl above written. E. M. 8BARLB, JR., Auditur of t uuiio Accounts. ' tfieal) JoHN l. I'lbKLt, Deputy. For Particulars Apply to James A. Woodman Manager Northeastern Nebraska Dept. 4IS McCafueJJldf. OMAHA. Northwestern Mutual Life Insurance Cu. CERTIFICATE OF PUBLICATION. ETATR OF NKHltASKA, OFFICE OF AL DlluH UK rtUlc Al CUL. I'S. Ll.stui,.;, reo. i, i-,ii. IT 13 HKKEin c.m le Ir.u. Inai tus . KorOiwesiurn Aiuluui l.nu iiikuruncu Coin puny of Mliaui,i'i', in lui- Male vl ivlncun tut: lias complied witn uiu uikutance law ui litis stale applicable to sucu companies anu ia therefore autlioriitcd to wniirme tue business of lite Insurance In tills state for Hie current year timing January 3lsi, 1)7. SUMMARY" OF REPORT FILED FOR TH! YEAR ENDlNO DEC. ll. . 1m: INCOME. Premiums '...$ju,m1 .27 . All other sources 9,iu,a4u.sa Tola! $3V,S,23$UJ DISBURSEMENTS. Paid policy holders. .I.o.iis.: 67 All otiur payments., b.cu.ih 41 Total 3.n.74SE ADMITTED ASSETS. LIABILITIES. ' Net reserve $172.111, UltlU , Net policy nanus. at All other liabilities ii.4.., ,.i--l(.."..Tu3.14 ' (surplus beyond wluer liabilities.. SSs.l14 ,3i.136.U Total K'.iJ,M J Witness my hand und the seal of inv Auditor of public Accounts the day and iwr Oral above written. E. M. SEARLE. Jit . Auditor of Public Aivounls. (.Seal) JOHN U PI ERI E, Deputy. John Steel GENERAL AGENT Bee Buildlnr, OMAHA. 56 SURETY BUSINESS NOT SURE General Oouditioiu Not Such as Allurs Pros pective Investors. COMPANIES LACK CLASS ORGANIZATION Rrlnsr Beat Returns en Money vested let the Uaslneas. That surety underwriters generally, and especially the moat conservative and ex. perlenced, are not well satisfied with the conditions now obtaining la Illustrated by the movements recently Inaugurated by the two opposite, but co-operating forces of every company, the management and agencies. The recent and sudden death of Robert S. Branen of Denver, a moat enterprising surety man. 'who had suc cessfully organised the fire underwriters Into a mutually beneficial association, threatens to prevent the formation of a national association of surety and casualty agents, which many believe would have been of great help In ameliorating the con ditions now exlsttng. There has also been considerable talk lately of approaching conferences between the enecutlves of all the surety companies, the United Auditing and Adjusting asaoclatlon of New York having failed In Its mission becauee It was In pnrt improperly conceived and In. capably executed. Three of the largest and most active companies, Fidelity and Deposit, the American SUrety and Ameri can Bonding, declined to Join, and the association was soon anandoned. very largely because of Jealousy and rivalry between the presidents of two of the constituent companies. These are merely mentioned as straws which show how the wind blows. There were no fail ures In 1905, but the companies only did fairly well. That the present situation Is a de plorable one, due largely to Ignorance and Inadequate rates. Is painfully apparent to every surety manager. Opinions as to tho proper remedies may differ, but the writer humbly believes that educatlpn not merely of the applicant or principal, but of the agent, and even of the management, through acquaintance with history and adequate rates will serve as a panacea. The pursuance by executive of a policy of conservative underwriting, judicious co-insurance and re-Insurance, which latter Is of recent growth In surety clrrles, and re quirements of Joint con t ml and oollateral security would avail much. . Mistaken Idea Preralent. , There seems to be a popular mlsimpres sion that surety companies pay few losses and that their returns, especially to stock holders, are large.. JOven to question this might seem futile, ul as facts and figures aro not to be disputed, a few which even the layman can understand will be pre sented bearing out the writer's contention that under the present conditions surety companies generally do not make money. The business Is conducted on a nearly cash basis, but even this does not avert losses. Take th figure In. the issue of March 8. 1906, of The Spectator, which has compiled its data from the most favorable sources reports of tho companies themselves. Ont of the seventeen surety companies, new and old (although it is almost universally conceded that surety companies do not be gin to "catch" losses until about the fifth year of their existence) doing an active business In the United States In 1995, only sis paid dividends. Let us see what divi dends thsy paid. One of the oldest and largest paid CSO.000, or 14 per cent on a capital of 12,000,000, but nut because of the great profit In Its underwriting, although tt was conservative, but because, although Its premium receipts were only tl.S64.lgi. Its Income from other sources was oi (2.512, nearly enough to pay Its losses, which were 1571.369. This case Is taken as a fair ex ample because of prunt-nt management, the age of the company sixteen years Its policy, which Is liberal In scope, and its widely extended territory. Two other com panies showed greater dividends 16 and 17 per rent but they failed to ndd to their surplus, such an amotmc as experience shows may be quickly exhausted If any unusual losses occur, uf these one. hns not even entered Nebraska and haa total assets of only 1430.773. while the other was only organised In 1901. ; The fourth hlgheiU revenue producer, which paid a dividend of 10 per cent, was another new company, having been formed In Mil, while a com pany which follows a policy very similar o the first paid a dividend of 8 per cent, due. as in the first case, to profitable Invest ment of Its assets. , Laws An eel Baelneaa. The unfavorable tendency of legislation Is, In addition to the low rates o' premium received, a distinct snd very present cause 4"or alarm to the wftiker companies. On the other hand, they are being forced to put up large amounts of money in securities and cash as deposits for the protection of grantees of their bond" or are beig re quired to confine themselves to one parti cular line of business. For Instance, up to January J. 19flf out of twelve actively competing companies, only six were doing a strictly surety and lldelity bUKlnes. The other vlx were doing everything ele from a banking business to burglary underwrit ing, and It Is confidentially avserted that one of the so-called "big" companies last year Just suceeded In paying off Ioskcs and giving 3 per cent dividend to xtorkholdcrs by reason of the profits from Us burglary department. While the exict figures a to Its burglary, premiums are not ut hand, few references to Its general statements will suffice. It wrote S?.:30.881 In premiums on a capital stock of I1.7'),orfl, a premium Increuse over 19C4 of $M,6ol, while Its lossea, which are J083.42S, Increased 373.0l9 during the same period. 8o great were Its manage ment expenses, in ltddltion to Its lussvs. that It was only enabled to pay its stock holders dividends of Ic9.'i00, for its net sur plus had only Increased S10.C43. Srparatloaa la Proposed. On this point the letter udi.lress.ed to Gov ernor Pennypacker of Pennsylvania, upon the subject of more thoroughly null-guarding state deposits ill bunking institutions, i by State Senator Charles L. Brown, is per tinent . It rays In part: Is it just that truct companies may legally take the money rieponiird by indi viduals and pay It out fur luie susiainej as guarantor oil bonds? Wuuld not a law demanding the separation of the surety businrk from the banking bunines be more equitable? Should ft clu's of trust ci l.i panles be empowered by law to Jeopardize deposits by Die lasuiiiK of surely bonus by iheir concern? Should rot the law be so ainsuded as to p'ace further protection around the funds placed In thete fiscal InMitutlon foi safekeeping? The legislation vuxtiestrd by you Is In mv liununo jiidKineni. wiw. yet 1 uak vou. with due respect. Is not the welfare of the Individual depositor, the fund of the widow, orphan, charitable Institution, etc., of egual imuortaiil to the stale I und Pennsvvania i needs banking laws thai will give mole protection to the depositors or-1 lie trust companies and banking institution. Such laws. I ani convinced, will be equally as welcome to the people as personal regis tration and Hie ninor commendable re forms vou suagettt for the consideration of the legislature I rlm i lelv trust that you a III not con sider this as criticising your able d.xu inent. I desire to assure you thai my soia i.bvect in addresnhiK vou t!ns Is to have I tn evil mentioned takuu up by the pt-oplu for general discussion, looking toward Its speedy remedy. The Chronicle coinmrnls aa follow. Ix-rislallon along the lines proposed by I Senator Brown has long been urged by saret lueu, luvugU tbsir lurturn. lu leg-, Islatlve matters wss never sufficiently strung to force Its adoption. Two Phllsd'l phla companies t he l nlon Surety and th City Trust transacting both a surety and a banking huines f.illed disastrously, within the past two years, and It was thought their collnpee would have induced the desired lKlia'lon. Regularly erifAnlsed and well conducted surety companies nnd It most difficult to transact general business In the Keystone Slate because of the competition of local trust companies, many of whom grant In demnity bonds to customers for a nominal fe, or no fee at all. In this respect the Pittsburg Institutions are particular of fenders. Business !4ot mm AllnrlnaT Owe. It Is a mystery to discerning underwrit ers why capitalists at the present time will allow themselves to be persuaded Into put ting their money Into new surety compan ies, for, If they would only make an In vestigation for themselves, as they do into other lines of Investment, and not rely upon the seductive assurances of promot ers, they would certainly hesitate. Can anything be more convincing than tha official facts shown by the Insurance re ports of the New York state In a table pub lished last August by The Chronlole of New York? Out of twelve companies writ ing the bulk of the business In America, only six had earned any surplus- since or ganisation. One company, although Incor porated aa far back as 1K9S. had lost If) sur plus $423,177 and has not paid a dividend during the past year. Co-exlatent with the popular fallacy that surety companies rarely lose money Is the popular belief that all bonds are good: and. In very much the same way as all mining stock, Just so the certificates are nicely en graved, la eagerly bought by the ignorant and unsuspecting, so the bonds of some companies are accepted, regardless of their true security. It Is to be regretted that education does not here enter the surety world In the form of advice or warning from Insurance commissioners, for future developments may make the officials, who are sworn to protect the Interests of the people, feel vry remorseful. Bonds Are Needed. It may be easily shown that surety bonds are needed and that they are re quired. According to figures collected by the Fidelity and Casualty company of New York there were embeizlements In the United States In 1905 amounting to over $12,00O,0CO as against 110,000,000 In 1904. Deputy Auditor Plerce'i preliminary re port, which will soon make Its appear ance, will show that a totul of over $120,000 was received In surety and fidelity premiums In Nebraska last year. Bearing out statements previously made, the fig ures show that the losses, while only about 16 per cent to premiums received, were paid almost entirely by the older companies. After carefully digesting these figures the reader can scarcely fall to agree with the, writer In his opinion that only educa tion and adequate rates at the' present time ends "devoutly to be wished" can Improve a business which should stand beside the banking line and pay as fair returns, but which now occupies a place as "side-line" in many big Insurance agencies throughout the country. If In vestors, Instead of putting their money into new companies, conducted In a man ner contrary tt all the dictates of experi ence and reason, would buy stock in older companies which have withstood many' a hard shock, the fraternity would be much benefited. This conclusion may seem somewhat beside the point, but the con clusion is that according to present con ditions surety companies are not making money and Investors should beware of the formation of new surety companies. HARRY S. BYRNE. BUSINESS OF LIFE COMPANIES Last. Year One of Marked. Prosperity Despite the t:nhenval la New1 York. The Spectator In Its Issue of March 15 presents an Important tabulation, giving the figures on the business of the life In surance companies for the year 19)6. Ntnety-nlne companies are Included In tho report, comprising all but two or thre unlmpbrtant companies doing business In the United States. It Is the first complete showing of the figure for 19nS, and indicates that the public has not 'lost confidence In life Insurance, despite the upheaval In New York during the year. As a matter of fuct. only one of the big companies, the Equitable shows a loss of business. The Equitable reports ut the close of the year, $30,419.tf6 1" Insurance In force than at the beginning: its total of Insurance 'n force on December 31. 1905, being $1,464,123. 436, The other member of the "big three," shows a decided gain for the year, th New York Life having Increased its In surance in force by $i:,9M.578, Its total In force being $2,061.593.6. The Mutual re ports a gain or $41,937, 80S. with a total In force of $1,&89.&49.468. Commenting on the figures, the Spectator says: "The financial strength of the companies shows no dlinunltlon, for the total assets lncreasi-d during 19"j by $207,996,437, bringing the total up to the tremendous amount of $2,714,962,316. The surplus funds held for the absolute protection of the contracts, and also as the fund for dividends to policy holders, also increased during the year and now stands at $337.S41,1. The Increase in this Item for the year was $-1 09S.onj, and while that amount is small compared with the previous year, it ia to be remembered that one company alone showed a decrease of nearly $18.0fu.0u0 In surplus, owk.ir to a re-adjustment lu values, and the Urge In crease in 1?"4 was caused mainly by the sharp recovery In the value of stocks and bonds during that year. ' "Policy holders paid to these companies in 19o5 the sum of $jl3,525.252 In premiums, and the total Income from all sources was $S41. 052,106. In both thexe Items the gains were wi ll maintained as compared with recent years. The payment on policy, holders- account were the largest in the history of the business, reaching $264,802,211, of which approximately $1.i0.oC).ooO were dis bursed to widows und orphans In the shape of death claims and the remainder went to living policyholders In various forms some JUit.iMi.ijoo in the form of . dividends. In addition to the amounts paid on policy holder.' account there was laid by from the Income for their future protection the sum of $22o.l36.63. The Insurance uccount shows that while the new business written was less by $-.-672,996 than lu the previous year, neverthe less a majority of the companies wrote g larger amount than at any previous time, the decrease being amply accounted 'for In the statement of three companies. The United States life Insurance companies now carry contracts of ordinary Insurance aggregating $11,006 241.594, while the indus trial policies amount to $2.304, S.t,490, making a grand total of life Insurance protection of fl3.36v.l9s.Cttl which is $S23.069.29$ more I thaa was carried a year ago. The system has been on trial as to its methods of management, but the facts prove that there can be no question as to the value of life Insurance, itn safety- and Its ben.. IKient work." Alasost All. "None of these will do," said the shop per. who was looking for half-hose for her husband. "I'm sorry, ma'am." replied the weary saWaivutn. "Well." said she, peering over the coun ter, "are you sure I've seen all you liv In thest ?" 'All except tlie pair I have on, n'm." repird the salesman. blushing-Philadelphia Pr. JOHN R. WEBSTER I INSURANCE; The highest recommendation we can offer, is the very large list of clients whom we have represented continuously for more than twenty years. Points That Appeal to the Insurer We understand our business thoroughly. We issue up-to-date policy forms. We know when your rate is correct, and, if it is not, we see that it is made so. We represent companies having assets of more than $60,000,000. We adjust our own losses. Certificate of "Publication. STAT M OC NEBRASKA, OFFICE OK AL"LITOR OK rntbii. AUOfNTB. UNl'OL.V, Feb. 1, lsv. IT IS HERKBI Ch.it it hi Kb, That tue Employers Uablllty Assurance Corpora tion of I-ondon. In the State of KugianU, has compiled with the Insurance Isw of this state, applicable to sucn companies, and is therefore authorised to continue tne busi ness of accident, employers liability, healtli and fidelity, burglary and steam holler In surance In this state for the current year ending January list, 1907. SUMMARY OF ItKFORT FILKD FOR THIS YluUt ENulNU LEC. 31ST, 1906. INCOME. Premiums iiW,379.T9 All- other sources 7K.i96.S7 Total $J,J74,TTi.ti6 DISBURSEMENTS. Paid policy holders $ X6J,8H6.63 All other payments... l.(4.1i!W Total $1,930,993.49 ADMITTED ASSETS. $J.073,711.2E LIABILITIES. Unpaid claims and ex penses $1,.1M.364.9Z Unearned premiums... 1.'U9.k4.1& Ail other liabilities.... )H, 641.K-l.,,4K,7s.'.17 Capital stock paid up.. SO.ucO.OO Surplus beyond capital stuck and 'Other lia bilities 390.9:9.0s S90,9.08 Total $3.07X711.tt Witness mv hand und the seal of the Auditor of Public Accounts the day and year first above written. B. M. SEARLE. JR.. Auditor of i'ubllj Accounts. JOHN L. PIERCE, Deputy. (Seal) ft til We are SUite Agents for the Employers Liability Assurance Corpora tion, of London, and issue for them the best Liability, Personal Accident and Health Policies on the market today. I 1 o o INCORPORATED 10OO CERTIFICATE OF PUBLICATION. STATE OF NEBRASKA. OFFICE OF AUDITOR OF PUBLIC AC COUNTS. LINCOLN. Feb. 1. 1906. IT IS HEREBY CERTIFIED. That the Maryland Casuslty Company, of Baltimore, In the state of Maryland, has complied with the Insurance law of this state, applicable to such com panies, and Is therefore authorised to continue the business of Accident, Employer's, Liability. Burglary, Health, Plate Glass. Steam Boiler and Sprinkler Insurance In this state for the current year ending January Slat, 1H7. Summary of report filed for the year ending December Jlst. 19o6: INCOME. Premiums $ 2.107.1.1 All other sources U3.47i.73 Total $ :,$31,iW4.91 DISBURSEMENTS Paid policy hold ers 83.9381$ All other pay ments 1.211.364.41 Total $ 1.117.302.W $ J.4W.7M.M Admitted assets. LIABILITIES. Unreld claims and expenses..! Unearned pre miums All other liabil ities Capital stock paid up Surplus beyond capital stock and other lia bilities na.sot.9 M9.3SS.I9 !6. 467.4$ $ l,t.166.Sl 760,000.00 ' 903.694.64 $ 1.661.694.64 Total $ J.4K2.769.96 Witness my hand and the seal of the Auditor of Public Accounts the day and year first above written. E. M. SEARLE. JR. (Seal.) Auditur of Public Accounts. JOHN I,. flEKCE, Deputy. JKIEWT OF Ample Capital Conservative Carefully Selected and Widely Scattered Risks Fair and Liberal Ad justment of Losses I Solicit Your Fire and Tornado Insurance ALFRED C. KENNEDY, 209 First National Bank Building. V V" C"i ''i WM. E. Webster, Howard L Bee Building:, Omaha Certificate of Publication. STATE OF NEBRASKA, OFFICE OF AUDITOR OF PUBLIC ACCOUNTS. LINCOLN. Feb. 1, 1906. IT 18 HEREBY CERTIFIED, That the St. Paul i-Ire and Marine Insurance Com pany of St. Puiil, in the State of Minne sota, has complied with the insurance law of thia state applicable to such companies and is therefore authorised to continue tne businexs i t hre anu ugntnlng anu nail insurance In tnis state for the current year ending January 31st, 1907. Witness my hand and the seal of the Auditor of I'ublic Accounts the duy and year ntst above written. E. M. SEARLE, JR.. Auditor of fuoilc Accounts. (Seal) JOHN L. PlKRt E. Deputy. Certificate of Publication. STATE OF NEBRASKA. OFFICE OF AUDITOR OF PUBLIC ACCOUNTS. LINCOLN, Feb. I, 1906. IT IS HEREBY CERTIFIED. That the American Insurance Company of Newark, In the State of isew Jersey, has comonea with the. Insurance law of this slate appli cable to such companies und is therefore authorised to continue the business 6f tire and Hahming Insurance in this state for the current year ending January 31st, 1907. Witness my hand and tne seal of the Auditor of Public Accounts the day and year first above written. I E. M. SEARLE, JR.. Auditor of I'ublic Accounts. (Seal) , JOHN L. PIERCE. Deputy. General Insurance Agents LICENSED BROKERS CERTIFICATE OF PUBLICATION'. STATE OF NEBRASKA. OFFICE OF AUDITOR OF PUBLIC AC COUNTS. LINCOLN. Feb. J, 1906. IT IS HEREBY CERTIFIED, That the Oerman-Amerlean Insurance Co., nf New York, In the state of New York, has complied with the Insurance law of this state, applicable to such companies, and, is therefore authorised to continue tlr business of Fire and Lightning Insurance In this state for the current year ending January 31st, Witness my hand and the seal of the Auditor of Public Accounts the day and year first above written. E. M. SEARLE. JR. (Seal.) Auditor of Public Accounts. JOHN L. PIERCE, Deputy. CERTIFICATB OF PUBLICATION. STATE OF NEBRASKA. OFF1CB OF AUDITOR OF PUBLIC AC COUNTS. LINCOLN. Feb. t. 1906. IT IS HEREBY CERTIFIED. That the Hartford Fire Insurance Co., of Hartford, in the state of Connecticut, has complied with the insurance law of this state, applicable to such com panies, and Is therefore authorised to continue the business of Fire and Lightning Insurance in this state for the current year ending January 31st, 1907. Witness my hand and the seal of the Auditor of Public Accounts - the day and year first above written. E. M. SEARLE, JR., (Seal.) Auditor of Public Accounts. JOHN U PIERCE. Deputy. "'IWSURARI HARTFORD, CONN. Up-to-Date f HITCHCOCK Certificate of Publication. 8TATE OF NEBRASKA. OFFICE OF AUDITOR OF PUBLIC ACCOUNTS. IJNCOLN. Fob. 1. 19H6. IT 19 HEREBY CERTIFIED. That the Liverpool and London and Ulnhe Insurance Company of Llverpol. in the State of Eng land, has compiled with the Insurance law of this state applicable to sucn companies and Is therefore authorised to continue the buslnet.8 of tire and lightning Insurance In this state fur the current yeur ending Jan uary 3lHt, 1907. Witness my hand and the seal of the Auditor of Public Accounts the day and year first above written. E. M. SEARLE, JR., . Auditor of Public Accounts. iSeal) JOHN L. PIERCE. Deputy. Certificate of Publication. STATE OF NEBRASKA, OFFICE OV AUDITOR OF PUBLIC ACCOUNTS. LINCOLN, Feb. 1, 1906. IT 18 HEREBY CERTIFIED, That the Insurance Company of North America of Philadelphia. In the State of Pennsylvania, has complied with the Insurance law of this state applicable to such companies and Is therefore authorised to continue the business of fire and lightning Insurance In this state for the current year ending Jan uary 31st, 19o7. Witness my hand and the seal of the Auditor of Public Accounts tho day and year first above written. E. . M. SEARLE. JR.. Auditor of Public Accounts (Seal) JOHN L. PIERCE. Depuiy. EXCLUSIVELY HO 1231 FARNAM ST. CERTIFICATE OF PUBLICATION. STATE OF NEBRASKA. OFFICE OK AUDITOR OF PUBLIC AC COUNTS. LINCOLN, Feb. 1. 1906. IT IS iHEREBY CERTIFIED. That the Palatine Insure nee Co., of Lon don, In the stale of England, has com piled with the Insurance law of this state, applicable to such companies, and Is therefore authorised to con tinue the business of Fire and Light ning Insurance In this state for the current year ending January $lat, 1907. ' Witness my hand and the seal ot tha Auditor of Public Accounts the day and year first above written. E. M. SEARLE, JR. (Seal.) Auditor of Public Accounts. JOHN L. PIERCE, Deputy. CERTIFICATE OF PUBLICATION. STATE OF NEBRASKA. OFFICE OF AUDITOR OF PUBLIC AC COUNTS. LINCOLN. Feb. 1. 1906. IT IB HEREBY CERTIFIED, That the Providence-Washington Insurance Co., of Providence, in the state Rhode Island, has complied with the insurance law of this state, applicable to such companies, and Is therefore authorised to continue the business ot Fire and Lightning Insurance In this state for the current year ending January 31st. 1907. ' Witness my hand and the seal of the Auditor of Public Accounts the day and year first above written. E. M. SEARLE. JR. (Seat) Auditor of Public Accounts. JOHN L. PIERCE, Deputy. T Co) Certificate of Publication STATE OF NEBRASKA. OFFICE OF AUDITOR OF PUBLIC ACCOUNTS. LINCOLN, Feb. 1, IMS. IT IS HEREBY CERTIFIED. That tb Orient Insurance Co. of Hartford. In the state of Connecticut, has complied with the Insurance law of this slate, applica ble to such companies and ia therefore authorised to continue the business of Fire and Lightning Insurance In tnis atate for the current year ending January 3iet. lw7 Witness my hand and the seal of the Auditor of Public Acoouns the day and year first above written. E. M. SEA RLE, Jr.. (Seal.) Auditor of Public Accounts. JOHN L. PIERCE, Deputy. Sole Agent Telephone 722 JOHN C, HOWARD II Go 0 1 1 tm if I I m I I Certificate of Publication. STATE OF NEBRASKA, OFFICE OK AUDITOR OF PUBLIC ACCOUNTS. LINCOLN. Feb. 1, liMi. IT IS HEREBY CERTIFIED. That the Hanover i-lrc Insurance company ot New York, In the State of New York, has cotn-l piled with the Insurance law of this state applicable to such coiupatues and i iiiatt, lore authorised in continue the business of fire and ligritnlng insurance In tins state for the currcut year enning January j.st, 1Wi7. WltniHS my hand and the seal of the Auditor of public Accounts the day and year first above written. E. M. SEARLE, JR., Auditor of Puollo Accounts. tSeal) JOHN 1.. PIERCE. 1 p'y- Certificate of Publication. STATE OF NEBRASKA. OFFICE OF AUDITOR OK PUBLIC ACCOUNTS. LINCOLN. Feb. 1, 1906. IT 18 HEREBY CERTIFIED. That the. Scottish Union and National Insurance Company of Edinburgh. In the State of Rcouund. has complied with the Insutancu laws nf this suite applicable to such com panies and is therefore authorized to con tinue the business of tire and lightning In surance In this state ror tho current year ending January 31st, 111(7. Witness my hand und the seal of the Auditor of Public Accounts the duy und ear Hist above written. E. M. SEARLE. JR.. Auditor of Public Accounts. (Seal) JOHN L. PIERCE. lputy. . I MUJIS"IJ "l ESTABLISHED ISftt d. r 1 CERTIFICATE OF PUBLICATION STATE OF NEBRASKA. OFFICE OF AUDITOR OF PUBLIC AC COUNTS. . LINCOLN, Feb. 1, 1906. IT IS HEREBY CERTIFIED. That the United States Fluellty and Guar anty Company, of Baltimore, In the state of Maryland, has compiled with the Insurance law of this stale, appli cable to such companies, and la mere fore authorised to continue the busi ness of Burglary, Surety and Fidelity Insurance In this atate for tha current yesr ending January flat. )'. Summary of report filed (or the yeir ending December 31st. 19u INCOME. Premiums $ S, $10. Ml. It Ail other source IM.19.94 Total $ J.357.0O2.u V DISBURSEMENTS. Paid policy hold era $ 93,427.11 All other pay ment I.a6.722.64 Total Admitted assets LIABILITIES. Unpaid claims and expenses... $ 311.397 66 $ 3,379. ISO X $ $,49s,l3.e$ Unearned prem- lmums . 1.163.66$ All other liabll- Itlee Capital stock M.4M.t2-$1.660.bK01 paid up 1,700.00000 Surplus beyond capital stock and other lia bilities a7.t&7.$6- - l.37. 667.36 Total $3.W,163.W Witness my hand and the seal of the Auditor of public Accounts th day and year first above whltten. E. M. SKA RLE. JR., (Seal.) Auditor ef Public Accounts, v JOHN L. PIEKCB. Deputy. Hartford Steam Boiler Inspection & Insurance Company HAKTRHU), COXX. CERTIFICATE OK Pl'BLICATJOX BTATE OF NEBRASKA. OFFICE OF AUDITOR OK PUBLIC ACCOl M8. LINCOLN. Feb. 1st. 19mi. IT IB HF-REBt Ce.U'i 1F1U1. 'I'nat t.. Hartford bleam boiler Inspection and In surance urupany of ll irtiord. ut inn state of Connecticut, has compiled with the Insurance law of this state, appilcub.e to such companies, und Is therein re an. thorlu-d to continuu the business of Mleaiu Boiler insurance In tnis slate lor i ne car rent year ending January Tint. l'J7. nummary of report tiled lor Ihe yeur ending December 41st, 19iti: INCUMb Premiums $l,:'.f .221.60 All other source 1BV.4H.du Total 1.41o,c;j.JS DISBURSEMENT Paid policy holders.... $ 86.4'.5 51 All other payments.. 1.071, 1MJ6 Totsl ... $l.l.'yi.S Xii ADMITTED APHKT8 $3.MUH,iJ LIABILITIES Unaid Claims and Expenses $ $4.1114. 94 Unearned Premiums l,K61.7t-34 All other liabilities 4-'.i.j.t4 l,.ti.t C.Sl Capital stock neid up buu.iuu.ixt Surplus beyond Capital . block and other lia bilities l.'.l,43i( W l,7tn.V9i Totul $3.3MU4 60 ' Witness mv hand and the s.-al uf tne Auditor of Public Accounts the day and year lirsl above written. K. M. BEARLE. Jr.. iHeal) Auditor of Puhn Accounts. JOHN L. PIERCE. Depuiy. WM. K. Cl KTlfi. Kperial Ageut KiKinii 3J.VSOti Mc Catfue Bid., Oiuah