I
TH E TU R N E R TRIB U NE
SAVINGS PASSBOOKS
SOUGHT BY CROOKS
llae Them to Steal Money by
Forged Slips — Should C?
Guarded as CarefuHy as Cash.
Continued vigilante in safeguarding
savings pass books, as well as blaiA
and cancelled «.hecks, against theft by
crooks, who use this material la for
gery operations, is urged on bank cue
tomere by James E. Baum. Deputy
Manager of the American Bankers
Association, In charge of Its Protec
tive Department. This dspartmeot is
continually vigilant
la
promoting
means, both among bankers sad the
general public, to thwart the operation
of bank crooks. It annually Investi
gates hundreds of crimes against
banks and Is responsible tor the m.i
Jorlty of arrests among this cl*.** ut
criminals.
“Is a large majority of cases of
forgeries on checks or savings with
drawal orders Investigated by the
American Bankcra Association, stolen
blank checks or savings pass books
were the forgers' chief stock in trade."
Mr. Baum says.
"In may Instances
the temptation presented through the
Vn
K I
Synopsis «»' A imkin Statement *-t lite
Southern Kir»* Inaurxnre Company of
York tu lh** Slat«* o f N p » York on ih«*
thirty firw» ili\ of Ite*e***nil*er I P i i t -i»i-t
to f *ie lfl»l|rg||i»r
nn.-r of Use*
State of Mr« .mi »»••»«••¡ant |«t
;
c a p it a l
A m ount #»f c a p ita l
< Ofl.iMlO.uo.
up
U.
I NT« IM K
Net prr n iiun « n r e i t n l «1 ring Ihn
%*nvk
*-iv
• I . T I T M il 99
In ie rn *
d 'v ilf«i<|«
imui
an '
•Hr-nt? » ‘to o*»r. $lH*i,7AA 21
Inborn*-
fr*-m
during »hr v e » r
Total
inrfimi*
oil«»*»
su» *»-**«
r r r n « vs!
$»24.469 1 ».
>1 *»fij.7wy ’ *»
D IS B U R S E M E N T S
Net (-‘KM»« paid d u n n r thr r e « r »n
rill«!? ns «d jiu lm e in rtpe nsn« $¿98 ¿6«» 82
D’ f id e n d » ’ *ai on raoital atnrk d*ir*ng
»h r r e í r . il.
Cor
*«#*n« «nd «alarie« oaul during
t he c a í r $5*2 >9.7 21.
Taxe*. »tren «•*« «nd fee« nai#l diir-ng
lb** vear $ *4 163 17
\ moon » of all
ex net» i f ii res
other
* *38 240 .43.
í l . c » i ■ ST r.1
T#?al t-Ipa’i ■M ur .,
ASSKTS
Value of real estate ow ned (market
▼ a lii r '. 0
Y a ’tir of «tn rk i and hnnde owned ¡mar
erl «*iue> $2.352.983 00.
l<oana on mortgages and collateral, etc
0
Ca*n in banks and on hand. $545.963.
25.
Premiums in course of collection writ
ten since September 30. 1930 $171 3115
84
Interest and rents due and accrued.
• 17.624 00.
A ll other. $7.345 16.
Total admitted assets. $3.295.283.25.
LIABILITIES
Gross claims for losses unoaid. $125.-
9 11.00
Amount of unearned premiums on all
outstanding risks. $887.536.00.
line for commission and brokerage. 0.
All other 'labilities. $153.824 94
Total liabilities, exclusive of capital
. atock of 8 1 .000.00(1.. $1 169.321 »4
B U S I N E S S IN OREG ON
FOR T H E Y E A R
Net premiums received during »he rear.
$8.053.30
Losses paid during the year $1.42
Losses incurred during the rear. $1 42
Name of Tampan r Southern F:re In
auraoce C o m p in t of Sew York.
Name of President Wilfred Kfirth.
Name of Secretary Ashhv E Hill
Statutory resident attorney ' o r service.
N\ . B. Raamosen.
No. 64
Synopsis of Annual Statement o f the
* nickerbocker Insurance Company. of
New York, .n the State o f New York on
t‘ .e thirty first day o f l>ecember. 193«».
f^ade to the Insurance Commissioner of
the State o f Oregon pursuant to law:
C A P IT A L
Amount o f capital stock paid up, $1.
» 'Mr.000.00.
IN C O M E
Net premium« received during the year
$195.446.78
In te re s t dividends and rents received
during the vear. $165 486.63.
Income from other sources received
during the vesr. $840.036.18.
Total income $1.200.969.59.
D ISB U R SE M E N T S
Net losses paid during the year nclud
ing adjustment expenses. $943.805.36
Dividends paid on capila] stork during
vear $ 1 85.00o.oo.
Commissions and salaries paid during
I ’ .* year $27.885.08
Taxes, license* and fees paid during
»♦• vear $96.906.46.
Amount o f ail other expenditure«, $1,
4<»5.299.68.
Total expenditures. $2.603,216.47.
ARPETB
Value of real estate owned < market
va lue), 0.
Value o f *tor k « and bond« owned 'mar
» • t value). $2.134.187 00
Loans on mortgages and collateral etc .
ti
C^sb in banks and on hand. $283.018-
05.
Premium* in course o f collection writ
1 since September 30. 1930. $ 286.903
54.
Ii terest and rents due and accrued
- .’ 87.459 08.
T » f « l admitted a«set«, $2.971,517.67.
L IA B IL IT IE S
Grn*« claims for losses unpaid. $206.
27 7 86.
Amount of unearned premiums on all
• s t a n d in g risk«. $»85.002.47.
Due for c.i • mission snd brokerage. —
All other liabilities. $815.989 37
Total liabilities, exclusive of cap tal
•'•k of $1.000.000 00. $1207. 269.70
BU SY NE SS IN OR EGON
FOR T H E Y E A R
Net premium« received during the vesr.
075.82
Losses paid during the year. $4.402 I I .
-usees incurred during the vear. $*<35.
Nome of Company Knick erb ock er In
.nee Company.
Nat»# o ' President, R. A. Corroon
Nume o f Secretary. A. E. Hostin
At itntnrv resident attorney for serv»<e
r n t e r d e n t of Insurance.
c* *r$le$s hi ml! in* by ri*po»ltoni of iati-
c$lltd or blank checks or past books
•o that thty fell into the hands of
others was the immediate stimulus for
hitherto honest people to commit their
first criminal offense."
■ • Banks should educate their deposi
tors to exert the same degree of oar*
in handling the*# Instruments aud to
•▼old leaving them about unguarded
as they exercise in respect to actuil
money because they represent money,
he declares
For dealing with the bmk rubber)
situation. Mr. Bau: i rec o m m i ts the
use of electrical alarms actualod bv
any tampering with the wires or mcch
anlsm and a’to wld r adopt! »r of
i the plan of state police forces now cm
ployed In a few states, declaring that
last year in seven eastern state« where
state police forces were tua!nut!tied
there were only 20 bank holdups as
against 164 similar attacks perpetrated
against banks In five states In the
♦entral and far west, where bank« are
denied the advantages of the speed?
and coordinated action given by stale
wide police fortes.
"The records of the American Hank
ers Association Protective Department
reveal that for many years the odd* In
favor of state police protection have
been aj least 8 to 1. when measured bi
Healthy Chick Program
Brings Higher Returns
Om- o f the nohlcat o f th«>ni- old aay-
inK* hinted that if a man went to bed
at ditrk and crawled out o f the hay
before .sun-up, he would become
healthy, wealthy and wise without
full. This Kuidintc principle, together
with the one about the "early bird"
were instilled into the minds o f ull
growing youth during the gay nine
ties. Their authenticity was never
(|Ucstionrd ami il a diligent disciple
failed to attain the prises held out by
each, he blamed the hand o f fate hut
not the wisdom o f the proverbs.
llt-nlth Ulckii to cloni» chlcl;*! By
followIni; four *lui|>lc point* lu liro.nl.
Inj; poultrynu-ii cun u v e 1*1 |»-r coni
of tlioir clilck*. Not only more clilck.
will I h * mi ve.I hut they will ho moro
prout it hie hlrUa to keep a* layers anil
breeder*, »¡row them clean, mid Ite ■ It li
and vicor w-dl ko wit ti them ti» ronco
life.
The four points In the Kan*;i*
"healthy chick" protraiti calls for
demi house*, denti ground, mid clean
food
At the time, all such teachings were
lly follow In» these four simple rule*
i‘KK production Uns been Increased .'«• to the good. Sine«- hog-tullow candles
t-KK* per bird In furm tWk*. This and smoky coal oil lamps were the
Increase at 23 cent* per dozen men ns only methods o f illumination, the busi
an nddllfonal return of »K» cents per ness o f staying up lute was a weari
ben.
some proposition und often called for
more strength o f character than was
possessed by the average human. It
whs easier to turn in than stick it out
until 11 o ’clock by a sputtery hall
light which was little better than
nothing.
Purin.T thè ohi copy hoo!: era,
r'cx.m s unti proverb* intcndetl t > im-
l>re<* thè pla*tic mimi of youth and
n- I in it correct principici ot l»v-
.n.i, were tra ceti in u fin.- ponceri.»n
Since th«- bodily organism can use
hand ut thè top o f each p::K-' for
crnnìpi-d finger» to copy ¡ah . 10 usiy only so much sleep, one nuturully
t!u ¡n-r lite daily writlng lesion.
awakened early und got up. Simple
as unything. Karly to bed und early
No. 69
Synopsis of the Annual S i» ?-ment ••(
the Am erican M '» to n » t« Insurant** < «'m
pan« of Chicago. in the State of lllitmta
on I bo rhirty first «1st of t*-rei»il»er. |93i*
mad*« »«» thr Insurance fonintissiimei of
thr Siau* ol Oreg-m. pursuant to law .
C A PIT A L
Amount ut capital stork :»ad up.
000.00
iN tx m ic
Net premiums received during the %e«r
$-'». h J.oi'2 62
Interest dividend« an
r»*n»« rrc -ixed
during ih** year. $79.640.24.
I nroiur f r»»«U oth er
re « received
cl ring II*-* vear. $6.494.?«*
Total imumr. $3.169.1.(7 24.
IMSRI K S E M K N T S
Net Ins»»-« paid d or ng t'»e jr .tr in« lu*»
ing »•Ijultmrnl **xpeo«e« * 1.6 t » 86* 67.
Diviilrn«!* p a d on «apita» kto k during
Ihr » r a r $ I5.IHKMN).
Commission* HO.I salaries paid during
thr * rar. *37.5.91.V39.
T ax e». license« and fee» r»Aid during
th«- vrar. $6 696 3 1
A'ftoiim of m I i
«»'.hrr
r X|»enditurr»
$4 40.801.91.
Total r x n rn iii ln rr«
$'2.529 3*?2.2H
A S S E TS
Aalur o f rral estate owtird ( Hiarkrl
tal* r i. I»
\ alur of stock« and h o »d * u « m il mar
krt t a lu r ) $1 875.640.50
Loan« #«n mortgugr» and roifatrral. rt«*
$360.300.00.
» ‘a*h in bank« and on hand. $7-54.048
89
Premiums in course o f eollartmn writ
ton since September 30. 1930. $246.563 -
22 .
Interest and rrnta due and accrued.
$28.859 15 $140,2o2.01.
Total admitted »»sets. $3.414,013.77.
L IA B IL IT IE S
Gros* claims for louses unpaid. $1.300.
889.00.
Amount of unearned premiums on all
outstanding risks. $699.903.93.
Due for commission
and
brokerage,
$65.504.64.
All other liabilities. $337.529.01.
Total liabilities, exclusive o f capital
Stock of $500.000. $2.403.826.58.
B U S I N E S S IN OR EGON
FOR T H E Y E A R
Net premiums received during the vear.
$50.178 06.
Lo-ses paid during the year. $21.-
454.21.
Losses Incurred during the year. $26.-
250.09.
Name of Company, American Motorists
Insurance Company.
Name of President. -lames S Kemper
Name of Secretary Edwin E. Hooper.
Statutory resident attorney for service,
-I. Gordon Baker. McMinnville. Oregon.
No 58
Synopsis of the Annual Statement of
The Fidelity
Mutual
L if e
Insurance
Company o f Philadelphia in the State of
Pennsylvania on the thirty first dav of
Deeember 1930 made to the Insurance
Commissioner o f the State of Oregon,
pursuant to t a w :
C A P IT A L
Amount of capital stock pa d up. None.
IN C O M E
T o t a l premium income for the vear.
$14.624.502 37.
Interest
dividends and rents -eeeiv
ed during the vear $5.310.425 45
Income from other source« received
during the v*-ar $748.310.67.
To*a! income. $20.683.238 49.
D ISBU RSEM ENTS
Paid f o r *ox«e*. endowment*, annuities
and surrender values $9,091,120.55
Div idend* p* d to policy holder« iltinnr
the year. $3 048.47.1 62
D iv iden d« p a d *»n capital «to»-k dur
m g the vear. — —
Commission* and salaries paid during
the v-ar. $2.327 927 80
Taxes
license« and fee t paid during
ti e vear. $372.88 <47
Amoun* o f all other expenditure« $1
4 15.174 22.
Total expenditure«. $ 16. 283.379'-O
ASSET«
Value of real estate owned » m .rk e f
value
$3.203 9 6 21
Market ••«hie o f stocks and mnort **•<|
value o f bo» ds owned $28.534.275 26.
l o a n « on mortgage« $39.436.453.92
Premium notes and nolicv loan« v » 8
1 5 1.068 .79
Cash in banks and on hand * !7^ <*9u
04
Net nttcollecfed and deferred premium«
etc $2.257.780.85.
Intere«» -ind rents due and accrued
f t »78 914 17
(» th e« a*«e t« f net ) - — » .
T o ’ al admitted a»«e ts $93.513 I ’*« -4
L I A R l L I T I KB
Net reserves. $76.067.339.00
<»ross Hnlma for lo**es unpaid $ %o6
1.71 84
All other liabilities. $1 1.742 4 1 1 ?H
Total liabilities
excfnsive nr capita'
• :ock.
f 8 « 7 »6 113 22
B U S I N E S S IN OK EM>N
FOR T H E Y E A R
U r o « « premiums received during the
je a r. $122 470.25.
Dividends returned during the vear
*18 719.38
Losses naid during the vear $39 6 «3
40
Name o f Tompany. T ba Fidelity Mutua'
L if e I nan rane*. Company
Name o f President W a lt er I«eMar Tal
bot.
Name of Secretary K.
Tull
Sta tutory resident attorney for s e r v e r
T .1 M*-ndenhfl!|. Portland. Ore.
\o. 1H
Synopsis of the Annua Statement o'
thr Horn«* Fire ana Marine Jn»uranr*-
rottipaitv of San Erantisco in :hc 8t*t,.
• lit• r ’• »
-ii tfe# Hn rt y f i m
- •»
Ihrcrmbcr 1930
uid* to «he |n*u « n r *
Cumin is uontT of fh* Hi »tc ut O r r f o n
Uhratiaul In .aw
C A P IT A L
Vmount ot capital stock paid up $1.
coo.ooo.oo.
No. Aé
Mvnnptlt of Anntial Mtatrmrnt of Ihe
Hun Onde rw ri te r» Inaurane#* Company of
New York
in Ihr 8 lat#* of N-w V-»fk
on Ihe thirtv f l r t l dav of l>efrotb*r |9*(»
nia»l<* to thè Imurane«* Cnm»rtis»)«»n#-r of
Ihe Stata o f Orcguo t»itr«ttanf •#* itiw
C A P IT A I.
At” ount o f capita» «torli pau| up f o n o
00»» OO
IN C O M E
Na»» prarnlum» rt-raivad dunng tba va«r.
$679.767.07
Intaraat. »!ivb|rn»f« and r#-nt« reaalvad
during iha vear. $ 11 0 0 2 29
Incoro.- fr»»m othar
sonrc#*« rrcetvrd
during thè v»ar. $575 00
Tota» Incoine $724.344 56
DISMI K S E M E N |*S
Net l o « « e « pnid during thè year Inehid
Ing 4 »l)n»lment <*tnr n »e», * 1 5 2 26* 26
D'VÌden«la i » » « »1 oo* capitai » 1 « m *I» during
thè vear. 0
C o iw m u i' o n i and « a U H e « oa»-l during
th#- vear 6169.372 68
T a t a « . | -r*«*n«e» i n <J f a n n » i j during
INCOME
Not premium« r«-crivcd
during
th-
J rxr a : 72 ' «»*»9.1 8
In • i *t d .v id r n o » and rents rvr** ve*l
durina »hr i»*«r. $ J 1 1 . 660 .22
i * « t a » r tfuir other lu u r tc i rrr e » v < l
during *b.- w a r *23 « 3 0 >o
T o: - loco*’ »• $7 059 218 70.
D IS B U R S E M E X T s
X *t .oases f»-«id dtir'fig 1 1* *- w a r
n
<•’ i J i n ; idju*tmvnt expense*. -I 4 77 U ‘4
9 :
D m l end « Haul on rnpita! st»»-k h r ng
the vear *2 00 000.00.
(■ un rn w ion * and « a la rie »
• i»l dur
mg I i* v*?ar *1 02C 816.76.
Taxes
licence» and fe e « paid dur n
t »• » « r *!•• » 241 40.
\uwuf-t
of »11 o her
expenditure«
$2 » 0 *8 f»|
T " » . t ’ expru lif '»r-s $3.019.329.! 7.
ASSETS
\ »t ie n# re«, estate nwn*d
iu»»k»*t
r il' el
Value of «»■»■ W» and bond« owned t».*r
ket v p u e i ?4 996.780.50
Loan« on mortgages snd co lst**r*il - t r
$106.902.89
Cash in bank» and on nand. $ 4 4 6 ’.#**
99
Premiums in course of eollertion writ
lea a
1110.
I
31.
Interes: and rents doe and a<*rnie<f.
A r i »»unt #»f all oth#-r expenditure*. $%t
146 61
T»*<al expenditure« *412 014.72.
588ETS
Vaine of reai rata te oWned 'market
vaine). 0
Vaiti«- o f «Ir», ka »m i »»onda nwned (mar
Ita? vain e»
$1.120 750 op
Loan» « n mortgagea and r o t l i l r f i l et#*
0
Caah In hanka an«1 ni» hand $a* 770 %o
Premium» in ronrae of .-ollerf All t r » t
ten «ig e a Aeptanibar 30. IJI.lO f a n a», 9
07.
Inf»*re*t gnd re n i« due and areni*-«!
$ IO 456 2$
Othar ••-»». $ 1 7 8 6 9.5
Tota l adtnttfed n»aef«. • ! 297 62 5 *•*
L I A III I. I T I E 8
firoa« d a in i» for ln »»e t unpaid. $32
656.00
Amount o f uneamed premium* «*n all
out »tanding riak« $7 56 008 «5
Due 'o r m m in iu m n and brokerage. $5.
l o o no
All »»ther Habtfille« $23 4 17 t)0.
Total liabilitie*
eieluftive #»f rapirai
•toek #»f 8 #'lift imo uri t | l 7 19*» 8.5.
B U S I N E S S IN OR EG ON
FOR T H E V E A R
Net premium* r n # i v r d during lite ve»r
oli
L o « « e » paid durine thè vear. nil.
L o « « e » incurred during thè vear. ni*
N’ ama nf Company, Sun U n d e r « r» ie ri
Inaorance C#»rnp«nv
Nsmr of Pre«ident. O T r a f i l i l i «
LIABILITIES
Gross claims for losses unpaid. $34 1
104.62.
Amount o f unearned premiums on all
outstanding risks $2.791.705.68.
Due f o r commission
and
brokerage.
$118.816.70
Alt other liabilities. « 1 0 323.1$.
Total liabilities, exclusive of capital •
stock o f 68 259.450.13.
B U S I N E S S IN OR EGON
FOR T H E Y E A R
Net premiums received during the year
$35.875 61
lo s s e s paid during the year. 829 642
39.
lo s s e s ineurred during the year. $29.-
664.39.
Name of Company. Home Eire A Mar
ine Insurance company.
Name o f President ./ B I.eviton.
Name of Secretary. If P. Blanchard
Statutory resident attorney f o r ser
No 63
Synopsis of Annual Statement o f the
M ulliga n Eire A Murine In*. Co. of De
troit. in the State of Michigan, on the
thirty first day of December. 1930 made
to the Insurance Uommissioner o f the
State ol Oregon. pur«uant to law:
C A PIT A L
Amount o f capital stock paid op. $1.
000.000 O0.
IN C O M E •
Net premiums received during the year.
$1.321.881 10
Interest, dividends and rents reeeived
dur ng the vear $175.242 19.
Income from other «ourres received
during the v»-ar. $769.80.
Total incoe e * I 697 896.09.
|>ISI(C RSE M E N T S
Net In««#*»» r*.iid «luring the vear ineliid
ing adjustment expenses $719,358.55.
Dividen.Is ?.»»•/' on capital «fo rk during
the year $.(.*» 000.00
Commiss;nn> an»I salaries paid during
the »ear $164.8.14.35
Taxes
license« and fees paid during
I l e year $79.064.50
Amount t-f «II other expenditure* $1
4 16 229 47.
ASSETS
Value of real estate owned »marke?
value). None.
Value of stock« and honda owned »mar
ket value) $2.632.344 On
l oans on mortgages and collateral. e?c
$641 43| 39
Cafch in banks and on band. $ 100,883
II
Premiums in course o f roMect on writ
ten sine*. September 30. 1930. $264.“ 3 1 .
55.
Interest and rent« due and accrued,
$39.21 3 95
Reinsurance Batanees $16.367.16.
Total admitted assets. $4.015.074 76
L IA B IL IT IE S
Gros« c.aims for Inas«-« unpaid. $165.
613.09
Amount of unearned premiums on all
• •lit«ran«hng risk« $|.688.n|( (2.
Du»* for eoumiUainn and brokerage $6.
50A 00
All «ither liabilities. $90,0.70.13.
T»»#al liabilities, exelusive o f capital
stock n< $1,000 OOO.00
$ 1 9 5 0 / 8 7 61
B U S I N E S S IN O R EG O N
FOR T H E Y E A R
Net premium« received »luring the v»*ar.
$12.370.32
l osses paid during tIi*- year. $4,354.21.
Losses incurred during thr year, $4
4 55 56.
Name ->f Company. Michigan Eire A
Marine Inaurane* Co.
Name of President. George G. liulkley
Name o f Secretary. W T Benallack.
Statutory resident attorney for ervic
#
Inaurane#- Comm fax ¡oner. Salem
Santa
nf
H ecretarv,
Ellinft
i
(*«» * rn '» « i| » n a l
0
T*ti«i
expenditure» $6|M.3$7.8rt
A 644 E T 6
Valli* nf reai e « t * l * «»wned 1 market
ta l l i r ) , None.
Vaine of *tn« k* and h«*nda nwned u n ir
. .
|l.9 f A
f.nnii» ut» m o rlg a gr» md c#*i»a»**ra), eie .
Nn»ie
Uaah in b»nk* and un hand $ 1 2 » l o «
33
Premimi»* in r e t ir ir n' coMa(»!l<in wr«i
leu KtV9< Mapie obef "• 1686 $ 11 658 1
tn !e rc »i and retila due «fui aerfHMl.
$24 700 9 V
Total s<nn l i n i a»*etk $ 7 .1 I 8 29 1 IO
l. f A B I L I T I E6
Orna« « Uirtik tur in»«#-» un pali!, $4 7.
$27 32
Amnunt of unearned premium« nn alt
notatand ug riaka, $4<»i).752 8u
Due (or roaitni»»lon and brnkaraga.
$25.30(1 00
Ali o l h e f Oabllitlaa $96.000 00.
T n la l Itabllllie*
aaelu »ive o f capitai
»t*»ck of Norie M u t u a l ) . $570.08(1 12
IIP HINE MX IN DK EO ON
Et IR T H E V E A R
Net premi ima rereived during (he year.
$4.718 32
l •#•»*-» t#ai#l during Ihe vear. $1 6 17.
11
Lni-kea tncurred durine thè vear. $ |,-
M ! I
M ld d * e t « * n
No. 62
S yn o p «!« o f Arfntiul Sfntem-mt of the I
S. Branch Hup Inaurarne Offu-e I t#| u9
I ondnn m the Kinzdo m of («re <t Brifatn
k
Ireland
*»n the thirty f*n»; dav #tf
r>ecember. 1970 made «o th#« Insurance
( »>rnm»ssi(in«-r of the State of Orwgon,
pursuant to law :
C A P IT A L
Amount o f cap'tfll »l o ck paid up. $400.
000.00
IN C O M E
Net premium« received riur ny the vear.
$7.398.949 34
Interest dividam i« and rent« received
during the year. $296.742.33.
Income from other «curerà received
during the ve»r. $1,035.999 01.
Total income. $4 986.690.68,
D ISBU RSEM ENTS
Vet fosse« paid during the y- nr indud
«r»Z fidju «» meni «»apenara $2. * 87,768 01.
Dividends p.-i’d on capital stock during
the vear. (#.
Commission« an»l «ala rle» nani during
ft,,. v»*ar. $1.267,752.05.
Trtxe». Iirer.se* anrl fe«*s naiil during
the vear $242 267 96
Amount of all other expenditure«. $2.
173.083 03
Total expenditu re«
$5.820.891.07.
ASSETS
Value o f real estate owned ( m i r ket
value ) 0.
Value of »took» and bond« owned 'm ar
krl t a l n O $5,716.158.66
Lnana on mortgage« and collateral, efc ,
0
Cash in banka and on hand. $ »5 1 .(5 7
39
Prem ium» in ennrae o f collection writ
I*-n since Hepteiubor 30, 1930. $739. <47
I
Amount '»f uneam#-d premium» un al»
»»nf standing risks. $4.045.037.84
Due for rommlaaion
and
brokerage
$ 22.0 00 no
All other liabilitlea, $238.460.11.
Total liabilities
exclusive »if Deposit
o f 8 (Or# OOD OO. $5 026 064 25
B U S I N E S S IN OR EG ON
FOR T H E Y E A R
Net premiums received during the * , » r
• :i* A i f . 65
Lo »# e« paid during the rear $16.126.
1 ( 6 .
L o « ’ .*» incurrerl during ihe vear. $20
•*5| 56.
N 1 »» • ol f'oinpnnv U. M Brand». So<
1 ••«»irjMire Offi c e Ltd
Name 0 » fi H Attorney. O Tr#-g-ski«
N mm #*r Sec re tarv F ' ljo ft MMdlefor»
tatutorv r#*al»1e»'t «»(»• rnev for $©rvlc»
r-'i'-w ( ’ »»mmistiooer, Salem.
1
Vaine nf «'ompnny IVnua) Ira n i» Miti
er» Mutua» ( » r e lr<*nranee Uompany
v * ••• «il Preaolenl ».* »
M u»-r.
5 Iti. ,,f «i.-er.-l r», ,I ii | i ti I 9 «s f f •
Bia’ utnrv rcalde<»l altnrney tur a#rv»ee.
Uotnuiiaainner nf Inaorance Salem. *»te
fon.
1e »»
Interest and rents due and a err -td,
$57.506.40.
Other « « s e t « . $78.632 51
T o t « I a»lmitted assets. $6.949.103 62
L IA B IL IT IE S
Gross claim» for loase» unpaid. $*00
With th*- invention o f electricity,
however .things underwent u change.
Folks hi-gun tu dread going to tx-il for
fear o f toning out on some ot tin-
interesting things Just getting under
way when, according to the old pro
verb, it was time to go beddy-bye.
Thu final straw was added when it
became fully appurent that early to
bed meant missing the most interest
ing people.
Instinctive colonial ideals die hard,
however, and long ufter the "early
to bed” sentiment had begun to slip,
the "eury bird" superstitution still
hovered around the outer edges of the
nutionul consicence. The two were so
indelibly associated in the national
mind, however, that a means wus
.-.ought whereby it might be possible
to reconcile disregard o f one proverb
with strict observance o f the other.
Finally a lucky flash cleared it all up,
making it beautifully apparent that
the early birii gets the worm all right,
but in these days o f lively competition
lie may have to sta> up all night to
do it!
» H »6 64 t 3 t
St.»r»t|#»rv re*»»#le#»t af|nrrt#-v #or aerate»-
I» «t|i;«n#*e
fe m l.
Ma. T0
rt>f>op*i» t»f A ’ hum St «tetti «'Ut of (he
iVnuayl vati • M iller » Mutual E ire luaur
ant e Un
rtf W ll k r a Barre, iu Ihe Ht«te
of Penney 'vanta, nn Ihe thirtv f»rat »1 «y
#•( Deceiubfr, 1930. m«Ue I#» lite ln»ur
ani*- ( ‘ «immiaalnner #»( Ihe Blata ut »»re
K'tn. (»uraliani In i « a
C A P IT A L
Amount nf capitai «tock paitl up. klu
lual.
1NUOMK
Net premium* re«*ivr«| .lurtng th» vear.
$65 f.671 III.
Dite#e»l
«Mvi<t#*n#l» mu) re ni« r«- r i »
*-<l lunt ig ihr * e « r $84,929 02.
Incoine fr«»m otber ftnurrra facalvcd
tliir »¡z 1 he » e » r.
T ata ! Incoine. $737,6t»2 18
DlHHI K 8 E M E N T 6
Net Ina»«- a (•«• •«( «luriha thè f r » f Inclini
• ng »rtjuà*meni etm-nae*. $299 2**4 8.1
I •• % nle#i «| a palli («oliey Ito irte ra
.lurtng
U h « .r 1 - » « U \rte*
*am| » « l i n r i Paul «l«»M»tf
(he vear. $ 11876 30
T u r»
licenee» and fee« nani durin£
(he n « r
$1 1 a I <• 34
Amount nf « I l
ntlter
axpendilura«.
thè vear $ 6 227 I 7
Reinsurance
Recove rable
U n p s 1 d
Losses. $1 1 743 21
Total admitted a»»ets. $ 6 . 2 8 1 .4 6 0 06.
to rio«— popular with the nniwn t><
cause there wa* nothing better of-
j
No. 60
Avnopata of Annual Statement o f Th<*
NVw Brunawtck Eire Inatirance C«» «#f
New llrunawick In the Stale nf Naw Jer
*e y. on the thirty firal day nf December.
1930 made to the ln*urance Commia»i»n
*»r of the State o f Oregon, pursuant to
law :
C A PIT A L
Amount nf capital atock paid up. $1.-
»•no nut» no
IN c o m E
Net premium« received during the yaar.
«1 07 956 99.
Internet, dividends and rants received
dur ng Ihe vear. $217.440 86.
Inutma from other eoureas received
luring the year. $137,771.16.
Tula» Income. $1.863.171.01.
DISB U RSE M E N TS
Net |«»«*e* paid during llte year indud
• ng t»1jn«tment expeua«*a. $721,611 66
Dividends paid #»n capital stock dur
ing the v e » r $ | .5 0.000 00.
< «»mmiaainna and aatariea paid during
the » a i r $506.347.60.
T*xe»
lirenxe» and fee» paid during
»lie v*-a r 8 14 3 I 6.62.
5 » mini of all other expenditures. $t*J
I 24 «»7
l u rtl eapefiiliture*. $ 1.466.4»M .97
ASSETS
Value nf real estate owned (ma»k»-*
vwlue). *2 50 1)00.00
Value of htnrka arul lionda owned ( m u
k .t value) $7.520.133.00.
Loans nn rmirtgagea and collateral. * »«•
•rt.Nrt •••»(( on
Uaali in hank« and nn hand. $463 .591
t I
Premium« in Course nf toflcgftloft writ
ten alnce September 30. 1930. $267.601
77.
Iniereiit and renta due ami nerru.-d
$ I 937 OO.
Total admitted »»«xeta, *4 914.556 M
L IA B IL IT IE S
Gross claim« for loxaea unpaid. $ to «
967.00
Amount of unearned premium« on «• *»
niit«fandtng rlak». *1,530.080.00.
Due for rummi««ion and brokerage
•
AH other liabilitlea $790.788 26
Total liabilities, exclaslve of cap«» •!
«loek. «¿.629.4 51 26.
H U H IN E S S IN OR EG ON
FO R T H E Y E A R
Net premium« rereived during Ihe v-ar
$2,363.66
f.o««ea paid during Ihe vear. *3.111 . *
l.o«««-« incurred during Ihe vear * »
149 72
Name nf Uotnpanv The New l i m n * « irk
Eire In « u m o re Company
Name #*f PreaMent. W ilfred Kurtli
Name #»f Serret arv Vincent P Wv i l t
Strttntnrv resident nMornev for xerv«ce.
5V It R««m u «en