y
PACE SIX
Synopsis of tlio Annual Statement of the
Pacific States Fire Insurance
Company
of Portland, in tlio State of Oregon, on
tlio 31st flay of December, 1920, made to
the Insurance Commissioner of the State
of Oregon, pursuant to law:
, Capital.
Amount of capital Mock paid
,ip $ 299,510.00
Income. ,
Net premiums received dur
ing the year $ 300,703.32
Interest, dividends and rents
received during the year 44,920,29
Income from other sources
received during the year.. 0,744.77
Total Income $ 3.18,374.38
Disbursements.
Net losses paid during the
year including adjustment
expenses $ 117,873.30
DivldcndH paid on capital
Mock during the year 18,000.00
Commissions and salaries
paid during the year 03,893.00
Taxes, licensed and fees paid
during the year 13,581.98
Amount of all other expendi
tures 30.10t.lt
Total expenditures $ 282,450.05
Assets.
Value of real estate owned ,
(market value) $ 201,870.82
Value of stocks and bonds
owned (market value) . . 501,851.95
Loans en mortgages and col
lateral, etc 04,552.89
Cash in banks anil on hand 43,033.90
Premiums in course of col-
lection written since Sep
tember 30, 1920 94,780.59
Interest and rents due and
arcrued ... 12,317.92
Other admitted assets 11,280.00
Total admitted assets ....$1. 080,303.13
Llaballtles.
Oross claims for losses un
paid $ 28,282.11
Amount of unearned premi
ums on alt outstanding
risks .. 235,000.08
Mortgages on real estate 130,000.00,
All other liabilities 17,898.51
Reserve, for federal, state or
other taxes, ' .. 5,000.00
Total liabilities, exclusive
of capital stock $ 447,147.00
Business in Oregon for the Year.
Net premiums received dur
ing the yi-ar $ 159,125.19
Losses paid during the year 41,203,80
Losses incurred during the
year . .. 53,828.90
PACIFIC HTATKS FIRE INSURANCE
COMPANY
A. Ii. Averlll, President.
T. II. Williams, Secretary.
Blalulory resident attorney for service
A. O. Barber, Insurance Commissioner.
Minnesota Implement Mutual
Fire Insurance Company
of Owatonnn, in the Statu of Minnesota,
on the 31st day of December, 1920, madu
to tile Insurance Commissioner of the
State of Oregon, pursuant to law:
Income.
Net premiums received dur-
Ing the year $1, 347,855. 18
Interest, dividends and rents
received during the year 35,350,18
Income from other sources
received during the year 75,059.02
Total Income $1,158,870.08
Disbursements.
Net losses paid during- the
year including adjustment
expenses $ 369,581.10
Dividends paid policyholders
during the year 378,418,00
Commissions and salaries
paid during the year 231,078,85
Taxes, licenses and fees paid
during the year , 30,172.74
Amount of all other expendi
tures 06,431.70
Total expenditures $1,000,282,39
Assets.
Value of . real estate owned
(market value) $ 12,000,00
Value of stocks and bonds
owned (market value) 115,030.00
Loans on mortgages and col
lateral, etc 77.ri,.r)O0.OO
Cash in hanks and on hand 100,519,00
Premiums III course of col
lection written since Sep
tember 30, 1020 215,742.87
Interest and rents due and
accrued 25,077.70
Total admitted assets $1,250,470,20
Liabilities.
dross claims for losses un
paid :p .00,511,00
Amount of unearned premi
ums on all outstanding
risks 710,050.83
Due for rnmuilssUu and
biokernge 4,000,00
All other liabilities . 80,87,1.24
Total liabilities, exclusive
of surplus $3 19,139.53 .$ 901,330.7:1
, Buslnoss in Oregon for tlio Year
Net premium.; received dur
ing the year $ 17,000.25
Losses paid during the jenr 4,050.17
Losses incurred during the
year .. -t,rH7 74
MINNESOTA IMlM,i:.ti:.T MUTUAL
FlllE INSURANCE COMPANY
V. .1. Lake, Centre City, Minnesota,
President.
O. I. Buxton, Owiitonua, Minnesota,
Secretary.
Statutory resident attorney for service
P. I. Flnlcy, 810 Hoard of Trade
llldg., Portland, Oregon,
t
Synopsis of the' Annual Statement of
Tlio American Druggists' Fire
Ins, Co.
of Cincinnati, in the Stale of Ohio, on the
31st day of December, IU20 made to the
Insurance Commissioner of the Slate of
Oregon, piiisiiaut In law:
Capital,
Amount of capital stock puld
"I" .$ 300.000.00
Income,
Net premiums received dur-
Ing the year . $ 258,1108,73
Interest, dividends and rents
rccelud during the jcar 311,837.0.1
Income from other soutces
received during the )ear. 11,810,70
Total iniouie . . $ 2011,317.0(1
Disbursements,
Net losket paid during the
year including adjustment
cxj.ciues f 88,500.00
Dividends paid on capital
stock dililng'the cur 20,000.00
CouimUstons and salaries
paid during Hie year ... 55,110.30
I e, licenses ifud fee. paid
during the year . . .. 12,107.80
Amount of all other expend!-
ure 19,080.119
.Total expenditures
ASHHtK.
$ 225,558.75
Reinsurance due from Mer
chants rite Assurance
( orp n on loss . :
Value of real estate owned
(market value)
Vuliio of stocks and bonds
owned (market value)
Cash in luniks and on linud
Piemlmiik in course of col
lection written since Sep
tember 30. 1020 , .
Interest am) leuls due and
neeried
42.10
40,785.10
700,281.03
12,190.11
32,550.2 1
4,001.71
'I'otul admitted astets .$ 700 737 "5
LIbUtU).
Uiuss claims fur lotses un-
. i'M, 2 7,560.27
Amount of unearned premi
um mi ull outstanding
fl"k ... 130,710.00
Other liabilities . 24jl)4l.0a
Total liabilities, exclusive '
of 'plUl stork . ,$ 100,120 3'.'
Business in Oregon for the Year,
Nel premiums recehed dur-
In the yesr ... $ 8,375.83
Losses paid during the )ar 28.37
Losses inclined during die
y'r Ul.tiT
TIIK AM Kit I CAN DRUOHISTS' HKK
INS. CO.
Chas. II. Avery, President.
Frank l(, V'rerrlcks, Hecrelary.
ttlatutorv resident attorney for service
P. W, Wilson,
Synopsis of Mic Annual Statement of the
Northwestern Mutual Fire
Association
of Seattle, in the State of Washington, on
the 31st day of December, 1920, mado to
the Insurance Commissioner of the State
of Oregon, pursuant to law:
Income,
Net premiums received dur
ing the year $2,149,317.48
Interest, dividends and rents
received during the year 31,059.72
Income from oHier sources
received during the year.. 47,503.88
Total Income $2,231,511.08
' Disbursements.
Net losses paid during the.
year including adjustment
expenses $ 538,321.01
Dividends paid policy hold
ers during the year 519,308.00
Commissions and salaries
paid (luring the year . .. 409,541.40
Taxes, licenses and fees paid
during the year 25,607.51
Amount of all other expendi
tures 241,920.50
Total expenditures ...
$1,735,452.20
Assets.
Value of real estate owned
(market value) $
Value of stocks and bonds
owned (market value)
Loans un mortgages und col
lateral, etc
Cash in hanks and on hand
Premiums in course ofeol
lection written since ip-
097.83
,747.30
050.00
022.75
581.81
993
39,
248,
tembor 30, 1020 452,
interest anil rents uuo and
accrued
Due from reinsuring com
panies for losses paid
17,
340.08
587.03
Total admitted assets ....$1,703,434.33
Llaballtles.
Oross claims for losses un
paid $ 40,783.99
Amount of unearned premi
ums on all outstanding
risks 1,030,092.90
Due for commission and
brokdrago 18,711.94
All other liabilities 151,589.43
Total liabilities, exclusive
of capital stock . . $1,250,778.26
Business in Oregon for the Year.
Net premiums received dur
ing the year $ 100,005.17
Losses paid during the year 40,089.44
Losses incurred during the
year 39,892.24
NORTHWESTERN MUTUAL FIRE
ASSOCIATION
P. ,T. Martin, President.
M. D. L. Rhodes, Secretary.
Statutorv resident attorney for service
V. I. Flnley.
Svnopsls of the Annual Statement of the
Fidelity Phenix Fire Insurance
Company
of New York, In the State of New York,
on thn 31st day of December, 1920, made
to the Insurance Commissioner of the
State of Oregon, pursuant to law:
Capital.
Amount of capital stock paid ,
up $2,500,000,00
Incomo.
Net premiums received dur-
Ing the year .$17,041, 181.51
Interest, dividends and rsuits
received during the year 1,374,122,55
Income from other sources
received during the year 509,411,88
Total Income $18,985,015,04
Disbursements.
Net losses paid during thn
year including adjustment
expenses ....$7,021,307.39
Dividends paid on capital
stock during the year .. .. 750,000.00
Commissions and salaries '
paid during tho year 5,320,092.84
laxeh, licenses -and fees puid
. during tho year 408,979.80
Amount of all other expendi
tures 3,345,189.73
Total expenditures .. ..'...$10,849,529.70
Value of stocks and bonds
owned (market value) . ..22,595,010,50
Loans on mortgages and col
lateral, etc 489,231.10
Cash in banks and on liund 2,275,0 I8I99
Premiums in course of col
lection written sinco Sep-
tember 30, 1020 2,340,004.01
Interest and rents duo and
, accrued 120,803.47
Amount recoverable for re
insurance on paid losses 29,053.32
Total oifmlttcd assets ..$27,803,408,38
Llaballtles.
Oross claims for losses tin-
, !ht . .. . ... J $1,038,882.22
Amount of unearned premi
ums on nil outstanding
risks 10,757,533.00
Due for commission und
brokerage . . .... 01,721,35
All other liabilities 89l)jl22!oj
Total liabilities, exclusive
of capital solck of $2,-
v500.0lltl.00 $19,077,200.18
Business lu Orogon for the Year.
Net premiums received dur-
ing the year .$ 81,010,03
Losses paid during the vear 2 1,310.11
Losses Incurred during the
Vt"r 20 099 03
I'IDELITYPIIEXIX Finn INS, CO. OF
N, Y. '
O. It. Street. President.
F.rncHt Sturm, Secretary.
Statutorv resident attorney for 'service
I' . . D. Hangs,
Sjnopsls of the Annual Statement of the
Oregon Life Insurance
Company
of Portland, in the 'State of Oregon, on
the !Ut dav of December, 1020, made Jo
the lnsmnncK Commissioner of the State
of Oregon, pursuant to law:
Capital.
Amount of capital stock paid
'l $ 100,000.00
Income,
total premium Income for
, l'1" nr $ 708,238.07
Interest, dividends and rents
received during the ear 115,025.02
Income fiom other sources
received during tho year 1,819.15
Total Income . . . ; 885,083. 1 1
Disbursements, '
Paid for losses, endowments,
annuities and surrender .
,v,v"!1,, $ 00,531.03
Dividends nald to olieyhold-
eis during the year . .. 21,072.14
Dividends paid on capital
stock during the year 7,000.00
Commissions nnd salaries .
paid during the year-.... 171.700.09
loxek. licenses snd fees paid
during the year . . . 0,150.09
Amount of ull other expend!-
'"res . . . 09.010.77
Total expenditures ... .J 311,537 02
... , , Assets,
uliie of re.il estate owned
(market xalue) $ 10,0000
atuo of stocks and bonds
owned t market or amor-
tiled value) 1,102,813.81
l.oaijs on mortgage and col- '
tersl, etc. 702,878.89
Premium notes and policy
loans 3in.079.0t
Cash In banks and on hand 27.830 08
Ni l uncollected and deferred
premiums . .. 47,053,59
ImeicM nnd rents due and
accrued 30,000.83
Other uxkets (net) , 1,553.71
Total admitted assets . $3,033,370.84
Liabilities.
tn Ti",,ru', ... . .J2.270.748.00
Alt other liabilities 45,131.11
Total liabilities, exclusive
of capital stock 3,32l, 880.10
Buslneii lu Oregon for the Year,
tiros premiums received
during the year ... V08.238.07
Premiums and dividends re
turned during the year . 31,073 14
l.ossrs paid during the ysr (10,531.03
OREGON LIFE INSURANCE
COMPANY
A. L. Mills. President.
Sanford Smith, Secretary.
Statutory resident attorney for service
Oregon Life losuraucc Company.
THE DALLES DAILY CHRONIC'-.,
Trr- -
Synopsis of the Annual Statement of the
Niagara Fire Insurance.
Company
of New York, in the State of New York,
on the 31st day of December, 1920, made
to the Insuranco Commissioner of the
State of Oregon, pursuant to law:
Capital.
Amount of capital stock paid
up - : $2,000,000.00
Income,
Net premiums received dur
ing the year $10,008,279,80
Interest, dividends and rents
received during the year 019,852.07
Income from othfer sources
received during the year.. 24,456.20
Total income $10,712,588.13
Disbursements.
Net losses paid during tho
year including adjustment ,
expenses ..: $4,184,027.13
Dividends paid on capital
stock during the year . ... 250,000.00
Commissions and salaries
paid during the year 2,084,770.17
Taxes, licenses and fees paid
. during tlio year 326,910.80
Amount of all other expendi
tures 017,473.04
Total expenditures $8,303t81.14
Assets.
Losses and loss expenses rc-
coverable on paid losses 140,326.45
Value of stocks and bonds
owned (market valuo) ..12,150,261.00
Loans on mortgages and col
lateral, etc 90,000.00
Cash In banks nnd on hand.. 1,123,419.25
Premiums in course of col
lection written since Sep
tember 30, 1920 1,585,363.98
Interest and rents due and
accrued 02,470.14
Hills receivable 5,045,98
Total admitted assets .. .$15,192,886.90
Liabilities.
Gross claims for losses un
paid $1,219,919.00
Amount of unearned premi
ums on all outstanding
risks .'. 7,677,533.70
All other liabilities 537,200.00
Total liabilities, exclusive
of rmital stock $9,434,052.70
Bui.'ness in Oregon for tho Year
Net premiums received do
ing th- ye.ir $ 90,022.85
Losses p.x'd durinr the y-ir 21,714.31
Losses f i'urrcd during tho
year 21,304.51
NIAGARA FIRH INSURANCE
COMPANY
Otha E. Lane, President.
Chas. A. Lung, Secretary.
Statutory resident attorney for -sorvlcc
II. W. Randall, Portland, Oregon.
Synopsis of tho Annual Statement of the
Home Life Insurance Company
of New York, in the Stato of New York,
on the 31st day of December, 192Qt made
to the Insurance Commissioner of tho
State of Oregon, pursunnt to law:
Income.
Total premium income for
the year $0,094,401.76
Interest, dividends and'rents
received during the year 1,949,612.95
Income from other sources
received during the year 274,108.05
Total income $8,918,242.70
Disbursements..
Paid for losses, endowments,
annuities and surrender
values $3,002,170.24
Dividends paid to policyhold
ers during the year 053,958.54
Commissions and salaries
paid during the year 1,234,000.59
Taxes, licenses nnd fees paid
during the year 165,521.98
Amount of 'all other expendi
tures 579,777.02
Total expenditures $0,295,497.37
Assets,
Value of ,renl estate owned
(market value) .....$1,500,000.00
nine of stocks nnd bonds
owned (market or amor-
tized value) 23,004,916.00
Loans on mortgages and col-
lateral, etc 7,592,805.00
Premium notes and policy
'nuns . ' 0,830,004.75
Cash in banks and on hand 302,898,00
Net uncollected and deforred
premiums 823,280.19
Interest and rents due and
accrued 3 10,230.79
Other assets (net) 4,473.21-
Total admitted assets ...$10,405,508.30
Liabilities.
Net reserves $38,450,740.00
Oroxs clam's and losses un
paid .... 244 711 42
Dividends apportioned to '
annual dividend policy
holders during 1021 500,000.00,
All other liabilities includ
ing $0 17,757.33 surplus.... 1,270,050.88
Total liabilities, exclusive
of capital stock ...$10,105,508.30
Business In Oregon for the Year,
OrosB premiums received
during the year nnd prem
ium abatements not col
lected $ 4,011.9(1
Dividends .returned during
tho year 420 OS
Losses paid during the year 50o!oi.
HOME LIFE INSURANCE COMPANY
William A. Marshall, President.
N illiam S. Oaylord, Secretary.
Matntnry resident attorney for service
I ion A. C. Barber, Insurance Com
missioner. Synopsis of the Annual Statement of tho
Detroit Fire & Marine
. Insurance Company
of Detroit, in the State of Michigan, on
tho 3lst day of December, 1920, mado to
the Insurance Commissioner of the State
of Oregon,, pursuant to law:
Capital.
Amount of capital stock paid
l ' $ 500,000,00
Incomo.
Net premiums received dur-
ing the year $1,300,311,80
Interest, dividends and rents
received during the year 137,140,10
Income from other sources
received during tho year 8,200.98
Total Income $1,511,754,97
Disbursements.
Net losses paid during the
year Including adjustment
I'M"'"?1' , $ 001,901,79
Dividends paid on capital
stock during the year . ... 70,000,00
t ommlsslons and salaries
paid during the year . . 409,074.58
luxes, licenses nnd fees paid
during the year f . 30,089.08
Amount of all other expendi
ture 82,154,06
Total expenditures . .fl, 203, 120.11
Assets.
aluo of real estate owiwd
(market value) $ 140,603.25
slue of stocks and bonds
owned, (market value . 11 1,323.28
Loans on mortgages and col
lateral, etc 883,512 20
Cash In banks and on hand 110.910.05
Premiums in course of col
lection written since Sep
tember 30, 1030 243,285.00
Interest and rent due and
accrued 31,2 12. 04
Total admitted assets $3,204,973.08
Gross claims for lusse un
paid $ 149,732.02
Amount of unearned premi
um on all outstanding
, rlV 1,280,035.38
Due for commission and
brokerage 10.000,00
All other llabllltiei . . 30,000.00
' Total llanllitlea. exeluilv'e "
of capital atock of $501V '
000,00 1.40fl.657,31
Builimi in Ot?on for th Year
Net premium received dur-
Ing the year 10,370.40
Losses paid during, the year 860,08
I, ones Incurred during the
yi-ar 1.137.08
DrrruoiT kihk a marine ins, co
K. II. Holler. President.
Cl-ss , ReeVIo, Se-rtr.rv.
Ftf ( - ..,.... .Vvi..
Uasrrj Y. l5-uii.il, Po.lUnd, Orejou-
MONDAY, APRIL 11, 1921.
fojuwifl ui me jimiuai oiaieinem ui uiu
r A 1 m m 1,
QnnH.l. - . 1 , f 1 J . 1 . .
national uasuaiiy uompany
of Detroit, In the State of Michigan, on
the 31st day of December, 1920, made to
the Insurance Commissioner of the State
of Oregon, pursuant to law:
Capital.
Amount of capital stock paid
up $ 200,000.00
Incomo.
Net premiums received dur
ing tho year , $ 890,081.18 '
Interest, dividends and rents
received during the year 1C.G40.97
Income from other sources
received during the year.. 29,552.87
Total Income .'. $942,881.02
Disbursements.
Net losses paid during the , ,
year including adjustment
expenses $ 310,782.98
Dividends paid on capital
stock during the year 10,000.00
Co'mmissious and salaries
paid during the Tear 391,904.72
Taxes, licenses nnd fees paid
during the year 30,201.48
Amount of all other expendi
tures 120,403.51
Total expenditures $ 899,352.09
Assets.
Value of stocks and bonds .
owned (market value) ....$ 321,658.59
Loans on mortgages and col-
lateral, etc ;.. 45,250.00
Cash In banks and on hand 65,832.72
Premiums in course of col-
. lection written since Sep-
tember 30, 1920 r.. 11,805.00
Interest und rents due and
accrued , 5,941,14
Other assets 2,150,44
Total admitted assets $ 452,097.89
Llabllltiei.
Gross claims for losses un
paid , $ 18,991.37
Amount of unearned premi
ums on all outstanding
risks 83,244.44
Due for commission and
brokerage 2,200.00
All other liabilities, taxes
and fees 16,700.00
Total liabilities, exclusive
of captlal stock $ 121,185.81
Business In Oregon for the Year
Net premiums received dur
ing the vear ? 0,100.22
Losses paid during the jear 2,530.26
Losses incurred during the
year 2,580.26
NATIONAL CASUALTY COMPANY
W. G. Curtis, President.
E. A. Orant, Secretary.
Statutory resident attorney for service
E. P. Bristow, Portland,- Oregon.
Synopsis of the Annual Statement of the
American Automobile
Insurance Company
of St. Louis, in the State of Missouri, on
tho 31st day of December, 1920, made to
the Insurance Commissioner of the State
of Oregon, pursuant to law:
Capital.
Amount of capital stock paid
up .$ 300,000.00
Income.
Net premiums recolved dur-
the. year $2,918,535.29
Interest, dividends and rents
received during the year 70,090.95
Income from other sources '
received during the year 22G.C54.04
Disbursements.
Total incomo $3,221,280.28
Net losses paid during the
year including adjustment
expenses $1,807,479.94
Dividends paid on capital
stock during the year, 12,000.00
Commissions and salaries
paid during tho yeur 824,322.25
Tuxes, licenses nnd fees paid
difring the year 93,475.83
Amount of all other expendi
tures 105,120.16
Total expenditures $2,842,308.18
Assets.
Value of stocks nnd bonds
owned (market value) -....$1,755,690.00
Cosh in banks and on hand 207,370.95
Premiums in course of col
lection written since Sep
tember 30, 192.0 015,302.80
Interest and rents due and
accrued 21,048.10
Other admitted assets 150,079.50
Total admitted assets $2,815,551.47
Liabilities.
Gross claims for losses un
paid $ 742,054.04
Amount of unearned premi
ums 011 ull outstanding
risks 1,257,446.08
Due for commission and
brokerage 184,762,10
All other liabilities, 60,000.00
Total liabilities, exclusive .
1 of capital stock $2,244,203.22
Buslnoss in Oregon for the Year
Net premiums received dur-
ing the year $ 32,425.80
Losses paid during tho year 15,593.15
AMERICAN AUTOMOBILE. INSURANCE
COMPANY
Chas. W. Disbrow, President.
P. R. Ryan, Secretary.
Statutory resident attorney for service
Harrison Allen.
Synopsis of the Annual Statement of the
Equitable Life Insurance
Company
of Dcs Moines, in tho State of Iowa, on
the 31st day of December, 1920, made to
the Insurance Commissioner of the State
of Oregon, pursuant to law:
Capital.
Amount of cnpltal stock paid '
up $ 500,000.00
Income.
Total premium incomo for
the year , $7,904,052.12
Interest, dividends mid rents
received during the year.. 1,580,850.20
Income from other sources
received during the year.. 00,309.00
Total income .:. $9,011,301.98
Disbursements.
Paid for losses, endowments,
annuities and surrender
values $2,013',207.23
Dividends paid to policyhold
ers during tho year 708,705.80
Dividends paid on capital
atock during the year . ... 31,500.00
Commissions and salaries
paid during the year 1,697,715.50
Taxes. licenses and fees paid
during the year 187,798,85
Amount of all other expendi
tures 485,715.47
Total expenditure $5,121,702.85
Asset.
Value of real estate owned
(market value) $ 800,000,00
Value of stock nnd bond
owned (market or amor
Hied value) 2,737,110.75
Loans on mortgages and col
lateral, etc 25,421,070.49
Premium notes and policy
loans 3,004,713.38
Cash in bank and on hand 214,313.60
Net uncollected and deferred
premiums 655,349.30
Interest aud rents due and
accrued , j865,357.54
Otherasset (net) 11,819.50
1
Total admitted assets ....133,076,094.26
Liabilities.
Net reserves $29,679,440.00
Gross claim for loases un
paid 123,096.30
All other liabilities ... 3,373,551.90
Total liabilities, exclusive
of capital stork of
500.000 ,.. 33,176.094.S
Business la Oregon for tta Tear.
Gross premium received
during the year ... 96,290.87
Premium and dividends re-
turosst during the year. 6,033.54
Losses paid during the year 7,500.00
EQUITABLE LIVE INSURANCE
COMPANY OF IOWA
r. C. HubblU Pmistoat. ,
B, V. Hadlev, Secretary. '
Rial it I ap Aaltt-tnt BllArnwr r .rwm -
T J. llmJcr.
Synopsis of the Annual Statement of the
Synopsis of the Annual Statement of the
Security Life Insurance
' Company
of America, in the State of Virginia, on
the 31st day of December, 1920, made
to the Insurance Commissioner of tho
State of Oregon, .urtmant to law:
Amount of capital stock paid
up $ 220,000.00
Income.
Total premium income for
the year $1,068,024.68
Interest) dividends and rents
received during the .year.. 174,451.83
Income from other sources
received during the year.. 18,031.83
Total income ....$1,260,508.34
Disbursements.
Paid for losses, endowments,
annuities and surrender
.values $ 524,743.25
Guaranteed reductions paid
to" policyholders during
tho year 85.29
Commissions and salaries
paid during the year 390,154.28
Taxes, licenses and fees paid
during the year 19,524.83
Amount of all other expendi
tures 134,304.51
Total expenditures $1,074,812.10
Assets,
Value of real estate owned
(market aralue) $ 12,000.00
Vniuo of bonds owned (mar
ket value) .-. 1,313,043.04
Loans on mortgages and col
lateral, etc 1,403,772.08
Premium .notes and policy
loans k , 890,171.78
Cash in banks and on hand 71,031.28
Net uncollected and deferred
premiums 86,805.80
Interest and rents due and
accrued , 62,292.23
Other assets (net) 27,579.08 .
Total admitted assets ....$3,920,695.89
Liabilities.
Net reserves ....$3,427,189.00
Gross claims for losses un
paid 57,954.56
All other liabilities 111,409.88
- Contingency reserve 6,000.00
Total liabilities, exclusive ,
of capital stock- of
$220,000.00 and sur-
Sins $104,142.45 $3,602,553.44
usiness in Oregon for the Year.
' Gross premiums received
during the .yeir $ 32,109.67
Losses paid during the year 5,500.00
SECURITY LIFE INSURANCE OF
AMERICA
O. W. Johnson, President.
J. Chas. Seitz, Secretary.
Statutory resident nttorney for service
C. II. Weston, Portland, Oregon.
Synopsis of the Annunl" Statement of the
Richmond Insurance Co.
of N. Y.
of West New Brighton, in the State of
New York, on the 31st day of December,
1920, made to the Iusurnnco Commission
er of the State of Oregon, pursuant to.
law: . .
Capital.
Amount of capital stock paid
, Up $ 200,000.00
Income.
Net premiums received dur
ing the year $ 990,721.12
Interest, dividends nnd rents
received during the year 03,360.43
Income from other, .sources
received during the year 275.13
Total Income $1,054,302.68
Disbursements.
Net losses paid during the
year including adjustment
expenses $ 431,098.77
Dividends paid on capital
stock during the year .. 20,000.00
Commissions and salaries
paid during the year 335,90,. 03
Taxes, licenses and fees paid
during the year 52,957.78
Amount of all other expendi
tures 30,166.71
Total expenditures $ 873,790.89
, Assets.
Value of real estate owned
(market value) $ 3,500.00
Value of stocks and bonds
owned (market value) .... 1,047,170.88
Loans sn mortgages and col
lateral, etc 217.750.00
Cosh in banks and on hand 155.31j.70
Premiums In course of col
lection written since Sep
tember 30, 1020 113,017.38
Interest and rents due nnd
accrued 7,089.32
Total admitted assets $1,544,443.28
Liabilities.
Gross claims for losses un
paid $ 180,728,22
Ar'ount of unearned premi
ums on all outstanding
risks 6C8'"2-Si
All other liabilities 28,500.00
Total liabilities, exclusive
of capital stoclP $ 883,800.83
Business in Oregon for the Year
Not premiums received dur-
ing the year $ 12,180.00
Losses paid during the year 7,097.04
Losses incurred during the. .
year . 7.910.29
RICHMOND INSURANCE CO. OF N. Y.
J, F, Smith. President.
David O. Wakeman, Secretary.
Statutory resident nttorney for service
Frank E. Dooley. '
Svnopsis of tho Annual Statement of
The Metropolitan Casualty
Insurance Cp. of N. Y.
of New York, in the State of New York,
on the 31st day of December, 1920,
made to the Insurance Commissioner of
the State of Oregon, pursuant to law:
Capital. ,
Amount of capitul stock paid
up $ yio.ooo.oo
Income.
Net premiums received dur
ing the yenr $1,522,431.16
Interest, 'dividends and rents
received during the year.. 3t.384.93
Income from other sources
received during the year 15.62
Total incomo ' $1,556,831.71
pisbursements.
Net losses paid during the
year including adjustment
expenses $ 815,875.18
Dividends paid on capital
stock during the year 10,000.00
Commissions and Salaries
paid during the year 581,766.40
Taxes, licenses and fees paid
during the yenr 43,284.86
Amount of all other expendi
ture 58,141.36
Total expenditures $1,509,007.80
Assets.
Value of stocks and bonds
owned (market value) 071,972.50
Cash in banks and on hand.. 80,013.30
Premium in course of col
lection written since Sep
tember 30, 1920 ... 337,619.90
Interest and rents due and
accrued - 6,855,67
Other aet U3.50
Total admitted aset $1,097,203.77
LlaMsltlts.
Gross claims for lottes un
paid $ . 46,377.64
Amount of unearned premi
um on all outstanding
riska . 721.375.83
Due for rommUalon and
brokerage 105,732.71
All other llabllltiei ...r...' 31,305.10
Total liabilities, exclusive
of capital atock -.. 894,691.38
Buinisi U Ortfta for th Tiar
Net premiums received 4ur-
4ng the year , - 3,783.95
Loss patd during the year 1,776.48
Loaaea incurred during thi
Tar . 5.030.65
THE METROPOLITAN OA8UAI.TY
INSURANCE CO. OF Jf, V.
Eugene-N. Window, President.
H. Whi. Burton. 8ertary. .
Rlstotorv resident Mn or fr service
T. B. JIannrr. IV.-tliu !, Oreca.
Synopsis of the Annual Statement of-the
. American Alliance Insurance
Company
of New York City, In the State of New
Yorkf on the 31st days of December,"
1920, made to the Insurance Commis
sioner of the State of Oregon, pursuant
to law: - '
Capital. .
Amount of capital stock paid
up $1,000,000.00
Income.
Net premiums received dur
ing the year $1,404,000.71
Interest, dividends and rents
received during the year 175,335.58
Income from other sources
received during tho year 3,708.87
Total income $1,073,011.16
Disbursements.
Net losses paid during the
year including adjustment
expenses $ 604,210.10
Dividends paid on capital
stock during the year 200,000.00
Commissions and salaries
paid during the year 473,560.70
Taxes, licenses and fees paid.
during the year 83,070.24
Amount of all other expend!-
tures 157,707.08
Total expenditures $1,519,148.12
Assets.
Value of stocks nnd bonds
owned (market vauc) 3,170,042.00
Cash in banks and on 'hand 99,021.30
Premiums In course of col
lection written 3inco Sep
tember 30, 1920 155,421.85
Interest and rents due and
accrued 31,692.00
Total admitted assets $3,456,177.15
Liabilities.
Gross claims for losses un
paid . $ 106,734.00
Amount of unearned premi
ums on all outstanding
risks 1,284,895.07
AIL other liabilities 45,000.00
Total llabiities, exclusive
of capital stock of $1,-
000. 000.00 $1,496,629.67
Business in Ore;on for the Year
Net premiums received dur
ing the year $ 14,330.24
Losses paid durin? tho year 3,691.68
Losses incurred during the
yesr 3,148.68
AMERICAN ALLIANCE INSURANCE
. CO.
Charles O. Smith, President.
Edward M. Cragln nnd Alex
ander R. Phillips, Secretary.
Statutory resident attorney for service
1. S. Watson. j
Synopsis of the Annual Statement of the
American Central Life
Insurance Company
of Indianapolis, in the State of Indiana,
on the 31st day of December, 1920, made
to the Insurance Commissioner of the
State of Oregon, pursunnt to law:
. Capital. '
Amount of capital stock paid
up $ 137,000.00
Income.
Total premium income for
the yenr $2,194,808.82
Interest, dividends and rents
received during the year 464,840,42
Income from other sources
received during the year 77,602.13
Total incomo $2,737,250.87
Disbursements.
Paid for losses, endowments,
annuities and surrender'
values r $ 719,492.84'
Dividends paid to policyhold
ers during the year 40,809.88
Dividends paid on capital
stock during the year .. 10,960.00
Commissions and salaries
paid during the year 857,680.54
Taxes, licenses and fees paid
during the year 37,191.99
Amount ot all other expendi
tures 281.300.fc3
Total expenditures ..
Assets.
$1,947,442.08
$ 500,477.83
Value of real estato owned
(market value)
Value of stocks and bonds
owned (market or amor
tized value)
Loans on mortgages and col
lateral, etc
Premium notes and policy
loans ..
Cash in banks and on hand
Net uncollected nnd deforred
premiums
Interest nnd rents duo 'and
accrued
Other uss'ets (net)
948,650.00
4,509,857.50
Hk78,450.80
139,793.00
197,487.58
125,183.30
25,895.15
Total admitted assets $7,074,004.92
Liabilities.
Net resorves $7,004,744.32
Gross, claims for losses un
paid 29,455.05
All other liabilities 280,450.08
Total liabilities, exclusive"1
of capital, stock of
$137,000.00 -...$7,314,050,65
Business in Oregon for the Year.
Oross premiums received
during the year , $ 68,813,42
Losses nald d'iring Mm vear 1 520,20
AMERICAN CENTRAL LIFE
INSURANCE COMPANY
Herbert M. Woollen, President.
Edward A. Mever, Secretary.
Statuorv resident attorney for service
Judd Lowrey, Portland.
Synopsis of the Annual Statement of the ,
Union Mutual Life Insurance
Company
of Portland. In the State of Maine, on the
31st day of December, 1920, made to the
Insurance Commissioner of the State of
Oregon, pursuant to law:
Income, .
Total premium income for
the year $2,480,390.99
Interest, dividends and rents
received during the year 913,957,68
Income from other sources
received during the year 51,493,77
Total income $3,115,842.44
Disbursements,
Paid for losses, endowments,
annuities and "surrender
. values $2,355,866.83
Dividend paid to pol icy hold-
, era during the year 382,616.60
Commissions and salaries
paid during the year 337,675,24
Taxes, licenses and fees paid
during the year . ' 65,981,03
Amount ot all other expend!-
tures 480,183.33
Total expenditures $3,522,323.13
Assets.
Value of real estate owned
(market value) $ 516,168.95
alue of stock and bonds
owned (market or amor
tised value) 14,262,273.77
Loans on mortgages and col-
lateral, etc 831,218.16
Premium note and policy
loan ., 3,922 170 22
Paah' in hank and on hand 145,'800,'37
.Net uncollected and deferred
premium .....v........ 307,917.15
Interest and rent due and
accrued . .... 232,814.95
Other assets (net) ..- 7,121.58
Total admitted asset .;..fl9,125,55.15
Net reserve ... ' 17,938,f69.00
Uro claims for Ioiim un
paid . . ..,..... on, 487.70
All other liabilities ,........ 337,533 85
Burplui . 638,375:54
Total liabilities, exeluilve-
of capital atock ......19,125.545.15
BntlniH 1b Ongon for Ui Year.
Gross premiums received
during b yer ..... $ 46,377.40
Premlaasa and divideadi re
turned during the year ... 6.533.08
Losses paid during the year 33.728.33
UNION MUTUAL LIFE INSURANCE
Arthur L. Batea, President.
. 8yWan B. Phlllipi, Secretary.
Statutorv resident attorney for ervlcv
T. H. McAllU, Portland. Oregon.