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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (March 8, 1941)
page i.th: im - '.h OREGON STATESMAN, Stxloxn. Oregon. Saturday Morning, March ft. 1941 - No. S-7 SynopsU of Annual Statement of the American Bonding Company of Balti more, Of Baltimore, in the State of Maryland, on the thirty -first day of December. 1940. made to the Insurance Commissioner of the Stale of Oregon, pursu-wt to law: 1 Amount of capital stock paid up. $1,600,060.00. income Net premiums received d urine the year, None. Interest, dividends and rents received during; -the year. ft44.MS.28. Income from other sources received during the year. $370,753.52. , Total income. lftlS.23S.80. -i DISBURSEMENTS . Net losses paid during the year in--" eluding adjustment expenses. None. ' Comraf ssions and salaries paid dur ing the year. $413,422.29. Taxes, licenses and fees paid during the year. $1641.73. Dividends paid on capital stock dur ing tne year. None. - Amount of ail other expenditures. $113,103.99 Total expenditures, fS93.HS.01. ADMITTED ASSETS XT.lliA m1 ,1 I .rk value). None. - Loans on mortgage and collateral, etc.. $17400.09. Value of bonds owned -(amortized), $1,513,19 .23. . Value of stocks owned (market val ue). $ 109.100.00. Cah in banks and on hand, ft 134. 42948. :. . .v: . . Premiums in - course of collection written since September 30. 140. 8224, 22140. Interest and rents due and accrued. S6.BZZ-U- Other assets (net). $10,374.30. Total admitted assets, 82.09U4642. . LIABILITIES Cross claims for losses unoaid. None. Amount of unearned premiums on all outstanding risks. None. Due for commission and brokerage. All other liabilities. 3185.72041. ' Total liabilities, except capital. $239,- oa.ai. , Capital mid no. $1,000,000.00. Surplus over all liabilities. SS51.SSS.41. Surplus as regards . policyholders. SI .tiSl.tiiS 1. Total. $2,601,146.92-' - BUSINESS IN OREGON FOB ? THE YEAR Net premiums - received during the year. None. Net losses paid during the year. None. Name of campany, American Bond in Company of Baltimore. Name of President. D. Claude Handy. name or secretary, Robert s. Hart. Statutory resident attorney for ser vice. -Jack Godfrey, railing Building. - xorciana. Oregon. . Gar Weed. Jr. Carairenient of June PreUser. screen starlet, and Gar Wood, U, sob Of Gar Wood, tfao well-known Detroit motorboat racer, has been Honywood. Miss roles in Got Hungry, rJ? w- V 1:V A graphic stndy la the cannibal baMU of the average pike Is , bere pte" rl-Z. vltZ. c. aw Eur Ladai im tb more scientific mind- eel, has that smnip, under bis midsection beeasoo he ate a lar pje at the departaent of eomnwrce aquarium in WasWnfUn. DC. The iv. .MnAWMd u laxrer than the one picture helsw him. It was his wife! Italian War " ' . from irewa the W Beit true? tetes "tntol ' No. J4-5 . Svnomis of Annual Statement of the Farmers Mutual Fire insurance Ass'n. Inc., of - Washington - County, in the State uf Oregon, on the thirty-first day of December. 1940. made to the Insur ance Commissioner of the Stat of Ore gon, pursuant to law: t ' Amount ot capital stock paid up. None t-v - -i 1 . . INCOME .. ' : 5 .. Net premiums received during the year. $2,997.01. ? - interest, dividends ana rents received during the year, $2,859.79. . ,; J Incom v from other sources received during the year. $23.46646. ; I 8otaI income, szaiM3.JO. ; f ? DISBURSEMENTS ' ' Net losses naid during the year, in cluding adjustment expenses. $10,391.83. commissions ana salaries pew taur ine the year. $4,331.52. 4 Taxes, licenses and fees paid during the-ysar. $332.82. Dividends paid on capital stock: dur ing the year. None. . Amount ot au outer expenditures. $1,517 JS 1 Total expenditures. $18373.27. : 1 ADMITTED ASSETS I t Value of real estate owned (book value), $3432.78. i ' Loans on mortgages and collateral, etc, $34,350.00. i Value of bonds owned (book)J $21. 878 05. . 1 . Value of stocks owned (market val ue). Njoe. ; Cash tn banks and on hand,? $17, 31747. I Premiums in course of collection written since September 30. 1940, None. ' Interest and rents due and accrued, 81.099.20. J Other assets (net). None. 1 Total admitted assets. $77.47340. LIABILITIES Gross claims for losses unpaid. 8830.08. i Amount of unearned premiums on all Outstanding risks. Hone. f Duo for commission and brokerage. None. i All other liabilities. $131.28. f Total liabilities, except capital, $781.- 28. f Capital paid up. None. ' Surplus over all liabilities. $78,894.04 Surplus as regards policyholders. S7S.694.04. , I Total. $77,475.30. - - S BUSINESS IN OREGON FOR THE YEAR I Net premiums received during the year, gz.W7.oi. I Net losses paid during the year, 810.342.43. I Name of Company, Farmers Mutual Fire Int. Ass'n. Inc.. of Washington County. t Name of President. E. E. Goerber. Name of Secretary, G. E. Montgom ery- ? i ! Frelsaer PreJsser Has bad several aancing; the films. so Ate Wife ' ' Prisoners Transported to India ii L.- in'ifler arrival from North aVCdcs urhexo thej EnmamV 1 Wetotsnd through ,T4W,, i No. 38-4 Svnonsts rf Annual Statement of the Farmers Fire Relief Association of Butteville. Oregon, of Donald, m the State of Oregon, on the thirty-first day: of December. 1940, made to the Insur ance commissioner ot the state ot Ore gon, pursuant to law: : ' ; CAPITAL i Amount of capital stock paid VP. Hone. ;: . i i,: , '' - INCOME Net premiums received during the year." $60,843.07. interest, dividends and rents received during the year. $2.48349. Inco.ne from other sources received during the year. $2,050.00. . - Total Income. S71.17S.2S. ' DISBURSEMENTS Net losses paid during the year, in cluding adjustment expenses. $45,429.99. - Commissions and salaries paid dur ing the year. $18,204.10. Taxes licenses and fees paid during the year $771.75. Dividends paid on capital stock dur ing the year. None. Amount of all other expenditures, $3,228.81. ,:.!! Total expenditures. $65,832.48. ADMITTED ASSETS Value of real estate owned (market value). S2.944.8S. Loans oa mortgages and collateral. etc. None. Value o! bonds owned (book), 844,- 102.53.. ! Value oT ue). None.; stocks owned (market val- Cash in i banks and on hand, $48, 744.40. i Premiums in course of collection written since September SO. 1940. None. Interest and rents due and accrued. None. Other assets (net), furniture and fix tures. 81.432.18. Total admitted assets. $97,223.14. LIABILITIES Gross claims for losses unpaid. None. Amount of unearned premiums on ail outstanding risks. None. Due for commission and brokerage. None. AU other liabilities, accrued taxes, $510.84. Total liabilities, except capital $510. 84. Capital paid up. None. Surplus over all liabilities, $98,712.50. Surplus as regards policyholders. $98,713.50. Total. $97,223.14. BUSINESS IN OREGON FOR THE YEAR Net premiums received during the year. $68,843.07. Net losses paid during the year, $44,337.51. V ; Name of Company, Farmers' Fire Re lief Association of Butteville. Oregon. Nimes of President. George S. Berg. Name of Secretary. Lyman H. Shorcy. No. 11-2 Synopsis of Annual Statement of the Hep Growers' Fire Relief Association of Butteville, Oregon, of Donald, in the State of Oregon, on the thirty-first day of December, 1940; made to the In surance Commissioner of the State of Oregon, pursuant to law: CAPITAL Amount of capital stock paid ud. None. INCOME Net premiums received durine the year, $14,838.58. : Interest, dividends and rents received during the year, $1,577.96. Income from other sources received during the yearj None. Total income. Slo.41S.54. DISBURSEMENTS Net leases paid during the year in cluding adjustment expenses. 84.058.18. commissions ana salaries paid dur in the year. $2,910.15. Taxes licenses and fees paid during uie y?ar, isz.dz. Dividends paid on capital stock dur ing the year. None. Amount of all other expenditures $737.63. Total expenditures, S7.83S.46. ADMITTED ASSETS Value of real estate owned (market value). S873.73. . Loans on mortgages and collateral. etc.. None. Value of bonds owned (book), $25,- S04.00. Value of stocks owned (market val ue). None. Caih in banks and on hand. $38,188.05. Premiums In course of collection written smce September 30. 1940. None Interest and rents due and accrued. none. . , Other assets (net). None.' Total admitted assets. S63.Ot0.7S. LIABILITIES Gross claims for losses unoaid. None. Amount of unearned premiums on au outstanding . risks. None. Due for commission and brokerage. none. AU other liabiUties. 8107.08. Total liabilities, except capital. SIU7.P0. Capital paid up. None. Surplus over all liabilities. $32,903 72 Surplus as regards policyholders. SOZ.5KAJ.YZ Total. $63,010.78. BUSINESS IN OREGON FOR THE YEAR Net premiums received during the year. $14,838.58. Net losses . paid during the year. as.va.i. Name of Company. Hop Growers' Fire Relief Association of .Butteville. Name Of President. Fred Den tel. Name of Secretary. Lyman H. Shorey. Shows in Portland 1 7 Don Budge, national professional tennis champion, will be seen la action at i the Coliseum la Portland tonight against BUI TUden. Alice Marble and Mary Hardwkk also are on the tear. A by the British. I , , l , : .. , ' ! - ; S No. S-15 i . ! ; ' Synopsis of Annual Statement of -th Northwestern Mutual Fire Association of Seattle, in the SUte of Washington, on the thirjr-first day of December, 1940, made to the Insurance Commis sioner of te State of Oregon pursu ant to law: j - - f ' CAPITAL Amount of capital stock paid up. Mutual Company. , - , J INCOME Net premiums received during the year. $7,542,941.42. ' Interest oividends and rents received during the year. $235,862.82. ; f income xrom other sources recetvea during the year, $11,606.50. Total income. $7,79010.74. DISBURSEMENTS , Net losses said during the year in cluding adjustment expenses. : $2-527,-009.08. . - : Commissions and salaries paid dur ing the year. 82410.567.S3. Taxes.. licenses and fees paid during the year. S217.U7.SB. i Di .dends paid during the year to policyholders, $1,463489.60. Amount ox .-Ui otner . expenairures, S876.744.7L xotai expenditures, sajno.iua-eo. 1 ' ADMITTED ASSETS Value of real estate owned (market value). $1121349. ' : Loan, on mortgages. $742,147.4S. Value of bonds owned (amortired). $4,444,133.41. i value ot stocks owned (market val ue). $1454.558.21. Cash in banks and on hand, $2,- 32S.6S1.6S. Premiums i in course ' of collection written since September 30. 19408796,- 007 J7. : - Interest and rents due and accrued. $56,464.42. Other assets (net). $49,941.76. Total admitted assets. 89.80239848. LIABILITIES Gross claims for losses unpaid. $500,- 98643. Amount of unearned premiums on all outstanding risks. $6,436,805.29. Due for commission and brokerage. $30,000.00. All other liabilities. $380,S690. Total liabilities, except capital. 87.- 34646142. Capital paid up. Mutual Company. Surpluk over aU liabiUties. $2,454.- 536.84. Surplus as regards nollcyholders. $2.434436.4. Total, 89.002.8986. BUSINESS IN OREGON FOR THE YEAR Net premiums received during the year. 273.892.81. -Net losses paid during the .year, $123.049.45,. ' J Nam? of Company. Northwestern Mutual Fire Association. Name of President, M. D. L. Rhodes. Name of Secretary, L. D. Brill. Statutory resident attorney for ser vice. Insurance Commissioner of Ore gon. No. 22-9 SynoiiSis of Annual Statement of the Expressmen's Mutual Life Insurance Company of 212 E. 43rd Street, Mew York, in the State of New York, on the thirty-first day of December. 1940, made to the Insurance Commissioner of the State ot Oregon, pursuant to law; CAPITAL Amount of capital stock paid up, None. INCOME Total premium income for the year, $812,755.48. interest, dividends and rents received during the year. $390,380.64. Income from other sources received during the year, $36410.98. Total income, $149447.10. DISBURSEMENTS Paid for losses, endowments, annui ties and surrender values. $412431.19. Dividends paid to policyholders dur ing the year. $226499.88. Dividends paid on capital stock dur ing the year. None. Com-Tiissions and salaries paid during the year, 890477.04. Taxei, licenses and fees paid during the year. $24,753.40. Amount of all other expenditures, $106,528.62. Total expenditures. $861,490.13. ASSETS Value of real estate owned (market value). None. . Loans on mortgages and collateral, etc., None. i Value of bonds owned (amortized), $7,654,711.92. Vain) of stocks owned (market val ve). None. Premium notes and policy loans, $2, 543.41543. Cash ir. banks and on hand, $276, 137.31. Interest and rents due and accrued, $84,827 17. Net uncollected and deferred premi ums, $47,182.44. Other assets (net). $302.50. Total admitted assets. $1049647747. LIABILITIES Net reserves. 88,685481.00. Gross claims for looses unpaid, $40, 000.00. All other liabilities. $282,988.77. Total liabilities, except capital, $. 008.967.77. Capital paid up. None. Surplus over all liabilities, $1487, 609.60. Surplus as regards policyholders, si.atri,auw.ao. Total. $10.596,57747. BUSINESS IN OREGON FOR THE YEAR Net premiums and annuities received aurtng tne year. so.3ZU.tz. Dividends paid during the year, $1479.69. I Net losses and claims, endowments, surrenders, and annuities paid during tne year, sz.zzo.34. Name of Company, Expressmen's Mutual Life insurance company. Name of President, H. D. Freeman. Name Of Secretary-Treasurer,! E. W Zmsande. Statutory -resident attorney for ser vice, H. E.-Brown, 226 S.W. Broadway, Portland. Oregon. i No. 44-t Synopsis of Annual Statement of the National Casualty Company of JJetroit in the State of Michigan, on the thirty- first day of December, 1940, made to the Insurance Commissioner of tne SUte ot Oregon, pursuant to law: CAPITAL i Amount of. capital stock paid up, S73U.OUO.UU. t INCOME Net premiums received during the year. 84.778.037.43. Interest, dividends and rents received during the year. $122,741.18. t Income from other sources received during the year, $13,784.75. i . Total income. $441248348. f DISBURSEMENTS I Net losses paid during the year tn cludi'ig adjustment expenses, $2438,- 03341. 1 Commissions and salaries paid dur the vear. S1.651.192.3. f axes, licenses and fees paid : during the year. $169464.14. Dividends paid on capital stock dur ing the year. $75,000.00. Amnunt of all other expenditures. $336.489 31. Total expenditures, $4.770479 .$1. ADMTTTXD ASSETS i Value of real estate owned (book val ui Sll 77701. ft Loans on mortgages and collateral, etc.. None. l Value of bonds owned (amortised) S3 079 070 8e. Vahie of stocks owned (market val ue). $478434.00. . j - Cash In banks and on hand, $774,' eiana Premiums in course ot collection written since September SO, 1940 $818. $1740. ' Intel est and rents due and accrued. $2141048. ; Other assets (net). $238,870.78. Total admitted assets, $5424,14640. LIABILITTES i . Gross claims for losses unpaid.. $L aaa 7i M i - Amount of unearned premiums on aU outstanding: risks, $1438.684.0. I Due for. commission and brokerage. $23344448. l-'-i1 rXll other liabiUties, $14314344. Total liaoUitics, except capital, $4, T74.146.S0. - - 1 ' ..-j i . rni'1 nakl tin S7S0.ftM.oa. I Surplus over all liabiUties, $1400, 000 00. , i; j- j - Surphis as regards policyholders. Total. $842444840: if ' j BUSINESS IN OREGON FOB THE YEAR ) Net prenfluma received during the year. fie.ziT.Z7. ! Net losses paid during the . year, ea ma as - .U . i I . Name of Company. National Casualty Company i Hum VimUhL W. C. fUTti. - Name of Secretary. W. C. Butterfield. Btatutorv resM-jnt attorney xor.scr Ivtee. K. K. Daws. Portland, Oregosu No. S- , j ' Synopsis ot Annual Statement Of the State Farm Fire Insurance Company of Blooming ton. in the State of Illinois, on tlie thirty -first day of December, 1940, made to the Insurance Commul sionjr of the State of Oregon, pursu ant to law: I -'. . CAPITAL " I Amount ; of capital stock paid. up. 82S0.00J.00. s - INCOME i Net premiums received during the year. $52842247. . In truest, dividends and rents received during the year, $14.7364L Income from other sources received during the year, $2054L Total income. $54046449. DISBURSEMENTS Net losses paid during the year, in cluding adjustment expenses, - $187. 627.19. Commissions and salaries paid dur ing the year. $182,482.74. i Taxes, licenses and Sees paid during the year. $28427.96. i Dividends paid on capital stock dur ing ine" year. None. . i Amount of all other expenditures. Total expenditures, $44944048. ADMITTED ASSETS Value of real estate owned (market value). None. Loans on mortgages and collateral. etc.. None. Value of bonds owned (amortized). $683,000.65. . . j - - Value of stocks owned (market val ue). None. I Cash in banks and on handJ 899.713 - 99 Premiums in course of collection written since September 30. 1940, $66,- 6ZB.3S. Interest and rents due and accrued. $3.66645. : , - otner assets (net), si3.zz3.zz. Total admitted assets, $86643440. . LIABHJTD2S . Gross claims for losses unpaid. $23,- 741.00. I Amount of unearned premiums on all outstanding risks. $37846543. Due for commission and brokerage, $28,694.13. i All otner uaouiues, sz9.7jw. Total liabilities, except capital. 8459.- 2737. Capital paid up. $250,000.00. Surplus over all liabilities. $158,959.63. Surplus as regards policyholders, SWB.1KUI.OJ. Total, $868434.90. BUSINESS IN OREGON FOR THE YEAR i Net premiums received during the year. $9,254.32. j Net losses paid during the year, $1,165.12 .i Name of Company, state Farm Fire Insurance Company. Name of President, G. J. Mecherle. Name of Secretary, T. F. Campbell. Statutory resident attorney for ser vice. Paul Knaupp. j No. 7-16 Synopsis of Annual Statement of the Northwest Casualty Company; ot Seat tle, in the State of Washington, on the thirty-first day of December, ito. made to the Insurance Commissioner of the State of Oregon, pursuant to aw: CAPITAL Amount of capital stock .paid up. $400,000.00. INCOME Net premiums received during the year. $2.459431.76. Intel est and rents received during the year. $69,605.35. Income from other sources received during the year, $17405.27. Total income. S3.34e.74z.3S. DISBURSEMENTS ; Net losses paid during the year in cluding adjustment expenses, ; 950.818-- 73 Commissions and salaries paid during the year (Included with "Other Expen ditures") Taxes, licenses and fees paid during the year. $58,669.87. Dividends paid on capital stock aur- ing the year, $24,000)00. Amount el au otner expenditures. $967,740.66. Total expenditures, sz.ouiwe. ADMITTED ASSETS Value of real estate owned (market value). S3O.000.00. 1 ixuni oit mortgages ana eo water ai. etc.. None.. Value of bonds owned (amortized). 82.469.903.43. ' value of stocxs owned imarxet val ue). Nor.e. Cash in banks and on hand. $365,- 627.83. Premiums in course of collection written since September 30. 1940. $216402.58. Interest and rents due and accrued. $19407.14. Other assets 'net). None. Total admitted assets. $3,10144302. LIABILITIES Gross claims for losses unpaid, S9 22-2 19 38. Amount of unearned premiums on all outstanding risk, si.zvl.ee9.ia. Due for commission and brokerage. None. All ether liabilities. $1004204$. Total liabilities, except capital, $2,- 314W3.B1. Capital paid up. 8400.000.80. ' Surplus over all liabilities. $387.03741. Surplus as regards . policy-holders. 77 tai SI ! xotai. sa.ioi.z43.uz. : BUSINESS IN OREGON FOR THE YEAR Net premiums received during the year. $238,704.08. Net loeaes paid during tne year, sos,- 178.67. , 1- Name of Company. Northwest Cas ualty Ccmmnv. Name of President. M. D. l. Rhodes. Name of Secretary. L. D. Brill. Statutory resident attorney tot ser vice. Insurance Commissioner of Ore gon. No. 4S-13 Synopsis of Annual Statement of the Atlas Life insurance Company of Tui sa, in the State of Oklahoma, on the thirty-first day of December. 1940. made to the Insurance Commissioner of the State of Oregon, pursuant to law: CAPITAL Amount of capital stock paid up. $307460 90. INCOME Total premium income fori the year, S7(M.-i82.o Interest, dividends and rents received during the year. 8282426.11. i Income from other sources received during the year, $125.54741. Total Income, $1.092456.08. DISBURSEMENTS Paid for 1 oases, endowments, annui ties and surrender values and coupons. S33.lS.f. Dividends paid to policyholders dur ing the year. $817,69, Dividends paid on capital stock dur Ing the year, $30,726.00. Commissions and salaries paid dur ins- the rear. 8141.310.4. I Taxes, licenses and fees paid during the year. 830.163.87. Amount of all other expenditures. $3Z4,B8S.aQ. Total expenditures, $88343443 ASSETS : I Value of real estate owned (market l Value). SLI3Z.B3I.42. . jLoana on mortgages and collateral, etc.. $1 100.68743. Value-of bonds owned (amortized). ST37.ns.ss. Valu- of stocks owned (Book value), $362,18041. t . - Premium notes and policy loans, S7S4.700 1. Cash In banks and on hand. $133,' 45046. Interest and rents due and accrued. s&cmz it f . t Net uncollected and deferred praorvl urns. $16846743. Oth-r assets (net). $349340. ' Total admitted assets, $4.455 .872.7Z. i UABTUTTES' j Net reserves. $349047740. ! Groaa claim for kisses unpaid. $9,- AU other liabilities, $38483.81. ' Total liabilities, except capital. $3, $58,463.8?. -- - Capital naid ud. $407480.60. Surplus ever all liabiUties. $18.14840. " Surplus as - regards " policyholders. B4VI.WOVU. - .5 .' Total. $4.455472.72. . BUSINESS TN OREGON FOR rt THE YEAR t . - Net premiums and annuities received aunng tne year. S53.osi.eft. . Dividends paid during the year. None: coupons paid, aunng year, ai leas. .; - r,. t ... Net losses and claims, endowments. surrenders, and annuities paud during the year. $3544540,. I Name of Company. Atlas Life Insur ance Com Denv. . i t Name of President. Johnson D. HilL -; Name of Secretary, Donald S. Rosa. - Statutory resident attorney for ser vtco. rranxua r. jonnsoo. No. tf-n Synopsis of Annual Statement of the Mill : Owners Mutual Fire Insurance Company of Iowa, of Des Moines. lows, in the State of Iowa, on the.tbirty-first day of December, 1940. made to the In surance Commissioner of the State of Oregon, pursuant to law: : : ! ' ' CAPITAL ' Amount of capital stock paid up. Mutual. INCOME Net premiums received during the year, $2418,43148. Interest dividends and rents received during the year. $121,17345- Incotne from other sources received during the year. $2141242. Total Income. $2460,717.45. DISBURSEMENTS Net losses paid during the rear in cluding adjustment expenses, $745,699.- 20, Commissions and salaries paid during the year. $659417.78. Taxes, licenses and foes paid during the year. $75427-70. Dividends paid on capital stock dur ing th year. None. Amount of all other expenditures, $709.77948. Total expenditures, azsoaejea. ' . - ADMITTED ASSETS I Value of real estate owned (market value). S67541LJL . 1 ' j . Loans on mortgages and collateral, etc, $56,400.00. . i Value of bonds owned (amortired), $1.473.62045. Value of stocks owned (market: val ue). $17146340. - cash in banks ana on nana, sxw, 1S546. Premiums In course of collection written since September 30, 1940, $214.- 372.79. Interest and rents due and accrued. $38473.06. other assets (net). ,Y30-vz. Total admitted assets. $2466.48848. LIABILITIES Gross claims for losses unpaid. $9948357. Amount of unearned premiums on all outstanding risk. $146744040, Due for commission and brokerage, $6,493.77. au otner liaDUiues. ssa.izjMM. Total liabilities, except capital. $2,- 058,15347. Capital paid up, Kutual. Surplus over all liabilities. $908,- 33S42. Surplus as regards policyholders. $90843542. VOtal. SZJWOylSB.BS. BUSINESS IN. OREGON FOR THE YEAR Net premiums received during the year, $13427.46. Net losses paid during the year, $20,563.67. Name of Company. Mill Owners Mu tual Fire Insurance Company of Iowa. Name of President, xl. a. carson. Name of Secretary, L. K. Sharp. Stautorv resident attorney for ser vice, T. E. Larson, Portland, Oregon. No. 1S-J . Synopsis of Annual Statement ot the Minnesota Implement Mutual Fire In surance Company of Owatonna. In the State of Minnesota, on the thirty-first day ot December, 1940, made to the Insurance Commissioner of tne State of Oregon, pursuant to law: CAPITAL Amount of capital stock paid up. None. INCOME Net premiums received during the year. $5497447.06. interest, dividend!: and rents received during the year, $217,099.59. Income from other sources received during the year, $5.62747. Total income, S3.azu.S74.uz. DISBURSEMENTS Net losses paid during the year in cluding adjustment expenses, $1438,- 721.36. Commissions and salaries paid dur ing the year, $823,105.89. Taxes, licenses and lees paid our ma the year. 8137.734.74. Dividends paid ounng tne year xo policyholders. $1,694,055.23. Amount ot au ouier expenditures, $743495.15. Total expenditures, so.z37.e1z.37. ADMITTED ASSETS Value of real estate owned (market valuer ;$468J346. m), Loans on mortgages and collateral. etc.; $3,000.00. Value of bopds owned (amortised). $3,422,503.46. value 01 stocxs owned imarxet val ue). None. Cash in banks aid on hand, $788,- 348.24. Premiums in course of collection written since September 30, 1940. 8426. 640.45. Interest and rents due and accrued. S43.03748. outer assets tneu, sz3.zwi.bo. Total admitted ameU. $7,174400.48. LIABILITIES Grois claims for losses unpaid, $294.- 948.00. Amount of unearned premiums on all outstanding risks, $4,437,036.16. Due lor commission ana brokerage. $19.16640. All other liabilities, $601442.30. Total liabilities, except capital. $5,- 352.693.56. Capital paid up. None. -Surplus over all liabilities. $1422.208 93 surplus as regards policyholders. $1.82240643. TOUtl, $7.174400.49. BUSINESS IN OREGON FOR THE YEAR Net premiums received during the year. S2a.65S.36. Net losses paid a urine tne year. $26,014.59. Name of company. Minnesota imple ment Mutual Fire insurance Company. Name of President, John A. Buxton. Name of Secretary, F. Keen Young. Statutory resident attorney for ser vice. G. H. Altnow. Portland. Oregon. No. 14-1 SynopsU of Annual Statement of the Employers Reinsurance Corporation of Kansas City, .n the State of Missouri, on the thirty -first day of December. 1940. made to the Insurance Commis sioner of the State of Oregon, pursu ant to taw: CAPITAL Amount of capital stock paid ud. $1,500,000.00. INCOME Net premiums received durinar the year, n f . Interest, dividends and rents received during the year. $49443741. Income from other sources received during the year, $170465 67. Total Income. $7468,922.73. DISBURSEMENTS Net losses paid durina the year ln- ciuaing aajusxmeni expenses. SWS, 303.08. Commissions and salaries paid d ur ine tne year, su14.123.43. Taxes, licenses and fees paid during the year. $37140344. Dividends paid en capital stock dur ing the year. $340400.00. Amount of all other expenditures. sems.siy.y-t. Total expenditures, $6430.54941. ADMITTED ASSETS Value of real estate owned (market value). 1100.700.00. Loans on mortgages and collateral. etc.. ssc Jue.78. Value of bonds owned (amortized). SIZ.IZJ.VJU.VU. Value of stocks owned (market val ue). $1.899487.05. Cash in banks and on hand, $2405,- 366.03. Premiums in course of collection written since September 30, 1940, $960. 244.93. Interest and rents due and accrued. S111.B34 .Z3. Other assets (net). None. Total admitted assets. $18411,45943. LIABILITIES 4 . Gross churns for losses unpaid. $7,' 175.46244. Amount of unearned premiums on au outstanding risks. S3.599.977.7L Due for commission and brokerage. yj Jg.ax Ms. '-- AU ether liabilities, 6148344549. -Voluntary Special Reserve, $2419.' 979.16. Total liabilities, except capital,' $14.- Bii.ue.sy. - - Capital paid up. fl.S00.OM40. -'' Surplus ever all liabiUties. : $2,500,' 000.00. Surplus as regards policyholders, $440)400.60. . ' Total. S1S.SII.43S.BS. BUSINESS IN OREGON FOR THE YEAR Net premiums received during the year, ai7j.ua. i. -Net losses paid during the year, Name ef Company, Employers Rein surance Corporation. : Name of President. Howard FlafC. Nanw of Secretary, S. L Stebbins. Statutory resident attorney for aer , vice. W. H- Morrison. Portland. Oregon. . r-. ' ' Ne.4i-W. .j Synopsis of Annual Statement of The American Druggists' Fire Ins Co. of Cincinnati, in the SUte of Ohio, en the thirty-first day of -December . 1940, made to. the": Insurance Commissioner of The . state of Oregon, pursuant to : - v,- j CAPITAL ! Amount, of capital stock paid up, $750,000.00. , j INCOME - j Net premiums received during the year. $8849041. - - 4 Interest, dividends and rents received during the year. $13448249. I Income from other sources received during the year. $13.75240. X - Total income. $549.12640. -j ' . ' DISBURSEMENTS "'':: Net losses paid during the year In cluding adjustment t expenses. $173, $52.43. . : -. . Commissions and' salaries paid dur ing the year. $90413.71. . -i- - Taaes, bcenses and fees paid during the year. 848444.63. . . Dividends paid on capital stock dur ing the year 490.000.00. , .--j - - Amount of all other expenditures, $159.49149.,. '' . i ., Total expenditures. $560,70146. ADMITTED ASSETS Value of real estate owned j (market value). $73341843. ' I . - Loans on mortgages and collateral, etc. None. -. - Value of bonds owned (amortized). $1404.15346. . j r Value of stocks owned (market val ue). $4448540. . i Cash in banks and on hand. $136, $40.68.. j " , Premiums In course of collection written since September 30. 1940, $62. 358.74. - . , . j Interest and rents due and accrued; $9,45243. - j Other assets (net). $25,480.14. Total admitted, assets. $243348848. LIABILITIES i f - Gross claims for losses unpaid, $12. 54146. j Amount of unearned premiums on all outstanding risks. $223401.03. j Due for commission and brokerage. None. ' I. All other liabilities. $75,495.47. "otal liabilities, except capital. $311.- Capital paid up. $750.000.00.. 750 12T 1U Ver UabulUe- $1,174,- Surplus as regards policj-holders, $1424,750.12. ToUI, $2.23548848. - BUSINESS IN OREGON FOR " THE YEAR Net premiums received during year, $4444.46. , j the Net losses paid during the $1,113.00. i year. Name of Company, The American Druggists' Fire Ins. Co. i Name of President. J. H. BeaL Name of Secretary, frank H. Free- 1KU. Statutory resident attorney vice. N orris L. Rogers. for ser No. 42-10 - j - Synopsis of Annual Statement of the Lutheiar Mutual Life Insurance Com pany of Waverly. in the State of Iowa. ?n.the thlrty-f rst day of December, 1940, made to the Insurance Commis sioner of the Stat nf OrMim Wiimi.n. " -- jf . W Ml W CAPITAL Amount-of capiUl stock paid up. lNrnntr TotaT premium income for the year. Interests H i vlH rtH. ml .n, during the year. $466,733.17. income xrom otner sources ! received ounng ine year, XZ33.4ZS.89. xouii income. sz.buo,34J, DISBlTJrsrs,rri Paid for In, mw!aimi. ties and surrender values. $360,169.49. vKMeuai paia to policyholders dur ig the year. $367453.03. Dividends naiH nn nt.l Ak in . ,. mr uw- ing the year. None. . . ' . m ma u UI - Ing the year. $25748744. iaxes. u censes and fees paid during the year $30,158.33. : JvLmouni u other expenditures, SZOB13.00. .1 lotal expenditures, $1421.481.79. . . ASSETS j- value). $4647l42. , - . . uns on mortgages. S6,B0918 20. . V.llim n9 . Vnn. , . 1 S44S4464.42. """ -Value of stocks owned (market val ue). None. j Premium natM mnA nniio. iA.n. i 088.3S249. , . ' ' r" 1?Cm in banks and on hand. $376.- $146J0.71. 1 "ncoIlected snd deferred premi ums. $383452.90. j Other asseU (net). $6443. ! Total aamitted assets. $12483,49341 LIABILITIES Net reserves. SS.675.067.68. Gross rlslmi 4nr 1 1, ,. n n. . , . 971.70. " AU other liabilities, $1435.83944. Contingent reserve. $518,454.78. Total liahilittM .nt . Capital paid up. None. I Surplus over all liabiUties. None. Surnltie Shss vnear( i -a $SO4:i60.0b. -. era. Total, 812.263.493.31. ! BUSINESS IN OREGON FOR THE YEAR j Net nimiam miH nm,;i . inntcu during the year. $9497.08. 1 .Dividends paid during, the year. $1,373.18. - 1 Net losses and claims, endowments, surrenders, and annuities paid during U1C HOT. UJUU Najn of romniiiv T titv.p,. ....-! r j , ..wm.u. wie insurance company. name 01 rrestaent. J. E. Hegg. Nam of Wr.t.rv w,li r Statutory resident .tlnrnv 'fn, mwl tkc insurance commissioner, No. 21-11 Synopsis Of AnnUal Statement nf Th MUlers Mutual Fire Insurance' Com pany 4f Texas, of Fort Worth. Texas, in the State of Texas, an th thtrtv. lira,, amy 01 ueramoer, Jarto, made to xne insurance Commissioner of the state of Oregon, pursuant to law: CAPITAL Amount of ciDital stock paid up, MutuaL INCOME Net premiums received dtirina- h year $1,136,544.88. interest, dividends and rents received during the year. $81468.23. Income from other sources received aunng tne year. $13.73147. Total income. $1431444.18. - ; DISBURSEMENTS Net loeaes naid durine the vear in eluding adjustment expenses, $395.' 78841. . Commissions and salariM naid riur ing the . year. 8336497.03. I Taxes, licenses and fees paid during "ie year, SMso.ee. , Diidends paid policyholders, $258, 887.61. i Amount of all other exoenditure. . Total expenditures, $1,153,444.84. i ADMITTED ASSETS - Value of real estate owned (market value). $190400.00. Loans on mortgages and collateral. etc.. $331469.43.- Value of bonds owned , (amortized). l.VV . I - ... value of stocks owned (market val ue). $263,852.00. - - Cash in banks and on bend.' $244,' 67.45. ' . Premiums in course of ! collection written since September 30. 1940, $141, 85840. , I Interest and rente due and accrued. s Other assets (net). $44004. Total admitted assets, 82437.062.77. LIABTLITrES - i Cross claims for losses unpaid. $33, 36747. - - - . ' t- ... - Amount of unearned premiums on an outstanding risks. S872.058.S7. Due foe commission and brokerage. All other liabilities, unpaid expense Voluntary, and special reserves, $148, 175.00. -: . . . . I Total UabiliUes, except capital, tl. Capital paid no. Mutual - Surplus over all liabilities, $U80.- Surplus as - regards policyholders. Total. $2437.082 77. ! - BUSINESS IN OREGON FOR THE YEAR : titt premiums received during the year, ai.aua.za. Net loeaes 18043. paid during the; year. $28.- Name of Company, The MlBers Mu tual Fnre Ins, Co. ef Texas. Name ot President. Ed. K. Collet t. Name of Secretary. J. B, Knight. - Statutory resident attorney lor set- vice, insurance commissioner. . No. 19-1S ., Synopsis of Annual Statement of The . ' Lincoln National Life 'Insurance Com- panv of Fort. Wayne, la the SUte f Indiana, en the thirty-first day of De cember, 1840. made to the Insurance 1 Commissioner of the State of Oregon, pursuant to law:' CAPITAL Amount of capital stock paid up. $2400.000.00. 1 , . 1 INCOME Total premium Income for 'the year. $27407,78940. Interest, dividends and rents received during the year, $6463.73043. income xrom otner sources rcceivea -:, during the year, $9.76143243. Total income. $43,733,8516. r - ' DISBURSEMENTS :.- : Paid for losses, endowments, annul- r' ties and surrender values. 813.729.663x3. 1 Dividends paid to policyholders dur-. . , tag the year. $8940844. . " Dividends -paid on eaDital stock dur- ' ing the year. $350.00040. - . . , Co.nrruasions and salaries paid d ur ine the year. $4454407 -SO. i . . Taxes, licenses ana fees paid during -the year. $722.71846- Amount of au outer exDendituraa. " $11456.65742. t .. , Total expenditures. $30,602455.44. "1 ASSETS ' - Value of real estate owned f market value). $12461408.60. Loans on mortgages and collateraL etc.. 85240647545. value of bonds owned (amortized). ; $62,383,795.00 i - vaiue 01 stocxs owned imarxet val-' ue). $2433.49840. , 1 Premium notes and Policy loans. $21480.64745, '- : - cash in banks and on hand. 82462.- ; 32545. - f ! . Interest' and rents due and accrued.' $1,1908248. Net uncollected and deferred preml- 1 urns. $547444447. . Other assets (net), $7417.013.10. ToUI admitted assets. $168,640,194.46. ! LIABrLTTTES ' " Net reserves, $149.78343740. -r- Gross claims .for losses unpaid. 21.- - 237.74140.1 i . i . au otrer iiaouiues, ST.sss.Z80.os. Total liabilities, except camtal. S13A. -1 CapiU! paid Up. $2,500,000.00. . -! Surplus over, all liabilities. . S7LS3A.- . 33S487 -: : ' ' Surplus as regards bolicv -holders. $10,030435.58. .1 , 1 Total. $168,640,194.46. : BUSINESS IN OREGON FOR " ! THE YEAR Net premiums and annuities received . during the year. S2O3.70O.07. - Dividends paid during the year,'1 $671.73. i '.'! Net losses and claims, endowmenta. uie year, ao,iMu.oo. i Name of Company. The Lincoln Na-i tional Life Insurance Company. ra.ne or resident. A. J. McAndleas. Name of Secretary. S. C. Kartell. , Statutory resident attorney for serw '" vice. Insurance .Commissioner, Salens, Oregon. !( I No. 24-17 ; hvhk va, muiue.1 oMiimili VI Mis , Order ot Railway Employees of San Francisco, in the SUte of California, on ' the thirty-first day of December. 1940, made to the Insurance Commissioner of the State of Oregon, pursuant to'" law: ;!.- - CAPITAL ' . Amount of rami,! slrw-lr iuM .m'' None. !!'. '. , . . . .-..v ' ' ". INCOME .. ; Met nvmiumt iwrivMt Hnrin, a year, $547408.84. ' Inteet. rl I vlHnH. mrA ,.nti , ed during the year. $20,28249. income xrom -otner sources received during the year. $22344. .-is iviai income. aooa.ui.Z7. , f DISBURSEMENTS , ' chiding adjustment expenses, szvijtu,, 90. ., Commissions and salaries paid during' the year. $160.86248. ' . vi. taxes, licenses ana fees paid during, the year. $17,703.79.1 r- Dividtnd paid on capital stock during! the year. None. Amount I of all other expenditures,'' $25447.0. . .-)..,,.;,..,., Toiai expenditures. $495,724.11, , ' J t J ADMITTED ASSETS ' value). None... . . i ; : .. -.. -n , , Loans on martum inrf mtllataml etc. None. ; i . - . Value of . bonds owned (smortisedL. i $S37.45240. i Valu3 of stocks owned (market val ' ue).. $56242. j . - Cash in banks ud nn hnul aiAi - S27.9S. - ' ' ' Premiums in course -ot collection written aincat Sentemh r an 1 un mn - ' 79540. ' T " Interest and rents du. aiwt Kj.rua : $6,760 14. otner assets (net), $14,713.08. . Total admitted asset. $80441140. LIABILITIES Gross claims for itmmrm 801.17. ' m.T ' Amount of unearruwf nr.mlnm. mJL . all out5 tending risks. $2,78348. , i Due for commission ana brokerage. $943148, l , -I-... ; - , AU other liabilities, 188.995 22. ' Total liabilltisa. k--k niui.i aM'. . 611JS. .... . ' TT Guarantee and Emergency Reserve ' Funds. $300,000.00. F surplus over all liabilities. $302400.44... Surplus mm rrnnii nnhm.h,.M. ' $602,300.44." r."- ' ToUL $804.911.79J 3USINESS IN OREGON FOR ti THE YEAR ' ' Not Crerrtilinrisi raroiua j4(.i.a avsv . ---v . v aV UU1 as IB BjSSJSW - year, $3149548. j i -, Name of Comrianv. flraer nrn,ii..: way Employees, i, name or nesident. C. W. LiUinger. ' , Name of Secretary, A. E. Davis. .,. No. 51-20 Synopsis of Annual Statement of ih Hartford Live Stock Insurance Com-, pany of New York, in the state of New York, on the thirty-first day of December. 1IHO, made- to the Insur ance Commissioner of the State of Ore- gon, imrsuant to law: , CAPITAL 1 1 f ' f Amount ot capital stock paid up. $SOO.OO.00. ' Net premiums received during the year. StS3,45SJl. I interest, oividends ana rents received" during the year, $46.63041. income from other sources received during the year. $4,136.4.,-' . -jv . Total income. $00426.61. . DISBURSEMENTS .' Net losses paid . during the year in- ' eluding. adjustment expenses. $355,707.-.. 89. - 1 . Commissions and salaries naid dur- tag the jear. $109.00848. laxes, licenses ana fees Paid during the year $35425.17. Div.denos paid on capital Stock dur ing the year. None. Amount of aU other expenditures. ' 867453.90. I . , . Total expenditures. $56749244. ' ADMITTED ASSETS " Value of real estate owned (market value). None. ' Loans on mortgages and collateraL etc.. None.----'- 1 . value of bonds owned I amortized). $575,496.00. I value of stocks 'owned (market val- ue). $391,130.00. Cash lr banks and en hand. 8416.- 843 60. , Premiums in course of collection - written smce September 30. 1940, $76,-' 461J7. T Interest and rents due and accrued. $8426.19. 1 otner assets (net). $17410.79. Total admitted assets, $1.483487.7$. . " LIABrLlTTES Cross claims for losses unoaid. B3S 180 44. : " ' Amount of unearned nremiuma an all outstanding risks, $2S7.663AS. " Due for commission and brokerage., $1445042. . AU ther UabiliUes, $46,500.00. ' 1 ' Total - liabuiUes. except . capiUl.": $35485 CI. . Surplus over .all liabilities, $f28.872 74. 1 Surplus as regards policyholders. $1,- 1 126.672.74. TotaL 81.483567.75. . . '?... BUSINESS IN OREGON ' FOR THE YEAR ' Net premiums received during the year. $2,74145. Net losses paid during the year. Name of Company, Hartford Live Stock Insurance Company. Name of President; rmY E;eIL ' ' Name of Secretary, Clyde P. iim.m. Statutory resident attorney for serv ice. Commissioner of Insurance State of Oregon.
