Its investments are of good character. The security valuations in this statement are those fixed by the Convention of Insurance Commissioners.
The mortgage loans are secured largely by improved farm property located in Minnesota and North and South Dakota.
Affiliations.— Western Union, Board of Fire Underwriters of the Pacific.
Classes of Business Written.—Fire, hail, registered mail and tornado insurance.
Territory.— It is licensed in Cal., Colo., Ill., Ia., Kan.. Md., Mass., Mich., Minn., Mo., Mont., Neb., N. J., N. Y., N. D., O., Okla., Ore., Pa., S. D., Tex., Wash. and Wis.
Dividends.— In 1905 it paid a dividend of 10%; in 1906. 10% in cash and a stock dividend of 25%, on $160,000 capital: 10% cash dividend each year since; total dividends paid since organization (stock), $40,000: (cash), $316,800.
Officers.— President, Fred C. Van Dusen; vice-president. J. D. McMillan; treasurer and secretary, Walter C. Leach; assistant secretary and treasurer. F. M. Merigold.
Directors.— (All of Minneapolis.)
Case, Chas. M., president Atlantic Elevator Co.
Crosby, John, president Washburn Crosby Co.
Douglas, H. F.. grain dealer.
Howe, P. L., president Imperial Elevator Co.
Leach. Walter C., secretary of company.
Mayfield. J. R., grain dealer.
McMillan, John D., president Osborne-McMillan Co. Sexton. Chas. W., general insurance.
Van Dusen, Fred C.. Van Dusen-Harrington, capitalist. 'Stockholders' Annual Meeting.— Second Wednesday in January. -
J. F. Magee, San Francisco. for California, Oregon and Washington.
Gross premiums written $2, 572, 223 95
Less reinsurance 1,061.075 24