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About The Bend bulletin. (Bend, Deschutes County, Or.) 1917-1963 | View Entire Issue (July 27, 1955)
1 000th Member Signed by Co-op - K-rl;iJ l Id.' Hultvlin I.AWNK The Midstate Kleeiri. (Vi''ialiv' st'i-vin purls of Unci comitiis, has announced the siun irK ils 1j0t Ii member, I'i Hawkins, of Crescent. This marks a imnvlh of 10 rnwiiht rs sine' lh animal meet nig of tin- couperu'ive in LaPim last March. At that time Sam Morehouse was announced us the 900th member of the cooperative Mnre numbers will be added when the power line now being ex tended to northern l,ake county )R completed. NO. IS-IB Svnopiii tf AiiiiLiii) Statement for l.e veui tiHlut December 31, 1954 U Tuc Minnesota Mutual Life ln "tiirance Ounpany of St. Paul. In Hie fi'.ute of .Minucwta. made to tht In m;jrne Comrnitsiontr of U.e State ol OiiS'"t. pJruaiit t" '.aw; ASSK1S EjiuIi. n5.2oa.2ie wi. . Stocks. J5.fcll.M0 00. Mortgage loans on real estate. 182. 2iV. 0.26. " li.al estate, $1.!3.175 69. ' Polity loans and premium notes, ty.1 6h. 1,25 65. . C'ah and bank deposits, $2,199,- 7jiiiilutn due and defined (lift and acildnt and health). $4.9i:i,- "l i litre ht and other Investment In. - con.e da and accrued. 11.JW.737.3B. Other ar-sets. 1235.525 09. 'JoUii asi-ct. ilh').(rlO.'J7l.2. UAniLITlKH. SURPLUS AND Ol'lIKR FUNDS Reserves tor life and accident and hHim pollcln, $IJ8.Sia.7I7'J2. Policy and coMtatl claim. $931,- 2BK 06. All Other liabilities, $33,808,203 flfl. - Total liabilities, except capital, 1113,360.21(1.64. Cipltal paid-up, none. Special surplus funds, none, liiasalgned surplus, $10,272,160.69. Surplus us regards policyholders, " l10,2V2,7filJ.W. Totu . Jll!;t,fl4O,07l.20. to SUMMARY OF OPERATIONS (Accrual liasls) Premiums mid annuity consldera- tlona. $2fl,(;!'2.6fJU87. Considerations for supplementary contracts, $.1,427,845.71. Net investment Income, $5,853,533. 63. Oilier Income items, $2,792.91. Total, $35,976,659.02. Policy benefits. 510.034.582 29. payments on supplementary con tnu'ti. dividend arcuinulatlons, and lnU-reft. $2,324,373 93. 1 iW.rJ in reserves. $12,182,409.08. Cummins Ions, claim and general In surance expenses ana taxes, sti.-iii, Other operating deductions, $109.. Dividends to policyholders, $2, J50.27U.76. Total. $34,020,131.77. Net gain from operations, $1,956. B27 15 Dividends to stork holders, none. - Other items affecting nurplus and surplus funds (net), $1,050,386.73. Total. $l.O50.38.73. Increase In surplus and special sur- 6lus fund, $WW.140 52. USINLSS IN OREGON FOR THE YKAH Gross premiums and annuity con I derations collected during Uie year. $2:14.214 .111 Dividends pnld or credited to pol icyholders dining the year. $21,445.23. dross benefit and claims. endow ments, surrenders, and annuities paid durlnK the year, $59 Principal of lice In Oregoi ar, saa.n-ju oo. ion, poruano. l v ' r ;i -- i ii i ffmianfi I in i "hi iii ii if (rt Madam Alexander DoISs Regular Sizes and Miniature Beautiful Clothes $100 - N.Mttrriftt'P. lsl Slwy nHwivt in rnikinK, miming Iwikintf. (!)od in ht tr it-ill drinkn. Kr lAitiri 100 .w 1000 tA9 totunoH 4 o: - .Hit lite in ditiU'lii aihII low-ciiliirio dift.. Aik ut Jor SinaniL Hnije Ikvk. . MAG.ll Open 8:30 a.m. to 8 p.m. 117 Oregon Phone 157 4o The Bend Bulletin, IV WW.- i.-iS5: NOT SO SHIPSHAPE That's tUe word for the rotting lifeboat on the deck of this ship returned by Kussia to the U.S. The Redj returned 62 small ships newly painted but reportedly In "seedy" condition. They were lend-leased lo Russia during World War 1L Photo above taken at Bremerhavtn, Germany. HT(1PIS nr AVMT'AI. RTATKMKVT .'or II.. ,t r..t ,J i.uib., Jl. I'l ut tit PEARL ASSURANCE COMPANY, 170. UNIIfO STATES BRANCH of N Vur.. lu U Ml I. ,u"; lii.uraiii. iofp.ivi... nunu.nl Ul ADMITTED ii J bank rkpo!!!.... l,il,HU-VJ iiiicollw il iiiniuiutni Ini.f.n. diMdwi'ii Imurii du tnd Kcruatl 4 Sal T) Otlur .iirU Tutil aJjullUMl UMU i iua.l'.ft in ;..! .siu.iSH.J LIABILITIES, SURPLUS AND OfHEH FUNDS 1 I A,,, .lluiillirDl MPWH . io r r tl.l Total lUli. HUM, 'rut raplial f It. uJi ,111.1" lrlH,tll . S tW.ubU uv 'I.V.'mIm.'! ,UUa S !T! 9 1 S3 mri.lut at ntirii iMlklioi(lr( t.T7! 9l S3 Tuial - !-M.I.l-Ji. TurtMENT Or INCOME rHnltimt tar-.-d I V.TT8.1TI.H DUrl InruirtMl lorurrrd Ulliar ufJfIIUfi( ioM I.MS.JII I', Tula I iirirlVmrltlni dvductlan Nn ui.tfritillliif la il I Oilu ajJ s 4I.3MT IT 440.liru.ll -!. SIT : 1S3.11T.31 24.T1T.T3 iffacln( I bimI lurplul ii Imrr inlktliu B08INEBB IN J,t tiralnlumi I ill It Ml paid. OREGON FOR THE YEAR icaliwl $ Mi. Hi at' , , , t.imtu I and up POSITIVE In a prescription you must have absolute accuracy. That is the foundation of our "lie liable' prescrip tion service. Skilled Registered Pharma cists double-check eiuh compounding step. So, for positive protection, briny; your Doctor's prescriptions here. mm Wednesday, July 27, 1955 ? wss&JftK.l I I'ATKNTKI) I First machine nun for rapid fir inn was invented by Richard Gat lintf, who obtained a U.S. patent on Nov. 4, 1KIJ2. The first gtin was made in Indianapolis and fired ZA) shots a minute. Gold was discovered in Califor nia on Jan. 2-1, 1WK. No. 15-15 Synopsli of Annual Statement for the year ended Deceinucr 31. 1954 of The Penn Mutual Life Insurance Company of Philadelphia, in the Slate of Pennsylvania, made lo the Insurance CoimnJbSiuner of the State of Oregun. pursuant to law: ASSBTS Bonds, $971,965,192 tilt. Stocks. $tjfl,yti2,0tL5 00. MortgaRe loans on real estate. $.'119 B8JJ.I2 03. lU-ul estate (less H. 127,634 20 en Cllirilirancesj, 52.912.2KI 55. piiticy loans and premium notes, pi3.1H-i ,510.-14. dsn, and bank deposits. $14,081,. BIT 15. A I'teinlums due nd deferred (life). 9i7.ai5.By.io. Interest and other investment In come due and accrued, $11.40ti, 582.78. Other asseU, $sou,700tll. Total assets. $1.519,fi7y.2CS 62. LIABILITIES. SURPLUS AND OTHER FUNDS Reserves for life policies, $1,121, 104.552 110. Pulley and contract claims, $4. UHi.220 48. All other liabilities. $310,493,851.17. Total liabilities, except cjplt.il, $1.4:iU.2I4,l2:i.lI5. Capital paid-up, none. Special surplus lunds, $33,464, BH4.j;. U unaligned surplus, none. Surplus as regard policyholders, none. Total. $1,519,679,208.(12. Surplus reserve far mortality fluctuation, asset fluctuation and other contingencies. SUMMARY OF OPERATIONS (Accrual Ba:s Premiums and annuity considera tions. St!!l. 4li0,ll8.48. Consideration, for supplementary contracts, $:(4,018.Mi2.27. Net Investment income, $49,130, 308.75. Other income Items. $4,833,435.56, Total, $187,452,445.06. Pulley beneflU. $61,513,462.14 Payments on supplementary con tracts dividend accumulations, and Interest. $2!.68B.12!t.25. Iiu re.ise in reserves, $49,830,549 57. Commissions, claim and Kciioral Insurance expenses and taxes, $24, 87(1,1.7 8. Mi- OUier operating deductions, $242, 97I.UH. Dividends to policyholders. $1, 001.777 16. Total. $182,216,067.09. Net gain from operations, $5,236, 377 117. Dividends to stockholders, none. Other Hems affectinK surplus and Surplus funds (netl. --$1,019.005 47. Total. --$1.1)19.60.1.47. , , Increase in surplus and special siirolus funds, $4.21i,772 50. UUS1NF2SS IN OIIHiON FOR THE YKAH Gross premiums and annuity con sliii iMtlons collected during the t'?ar, $!'!!!. HHt.44. Dividends paid or credited to pol icyholders during the year. y5.120 -52. Cross benefits and claims, endow ments, surrenders, and annuities paid dm mi! tiie year. $L5.!H)2 21. Principal office in Oregon, W W.ivuo Tcmplctiui. USt-Ca Cortwtt 1 llld't- . Portland 4, Oregon. No 11-H Synopsis of Annual Statement for the year ended December 31. 1954, ol the American Guaranty Life lu nula noe Company of 41 1 S K 3!Hli Avenue, Portland, in the State of Oregon, nude to the Insurance Com-niii-i.iner n( lie Sute ol Oietion, puisu.inl to law ASSKTS JlOf.i'ftl.UU. St..ks. lone Mortiiace loans on real etat ttM . 9.11 H8 Heat estate. $30 000 00. I'olicy loans and premium noti, $8 51. Cash and hank deposits. $37.23i f,2. I'reriiiunis due Aiui detei red ihfe and accident and henlthi, 120,101 Inteiest and other inveMiiient in come due and accrued, 11.345 JO. Other assets, $1,100 00. Toial aets. $.1.14 mil 27 LiAim.rrtK.s. si hplcs and OTHUl FUNDS Reserves for life ami accident and health poline-. $111.338 541 Pnlley and contract claims. $8 .716 19. All other liabilities. JLM.770 . Total liabilities, except capital, $1 i-l.lUH fi4 l aoital pnld-up. $l?9.n20OO. Sireciiil surplus funds, none. Unaligned surplus, $,W.4t2 63. Suiiius us regards polk) holders, $um:M2ti;i Total. $334,001 !7 SUMMARY UP OPERATIONS i Accrual Hasis) Premiums ai.it annuity consider a tiens. 2til. 5.1,1 13 lor supplemental y .t acts. noiu Net investment Income, $12,997 37. lmIht incon.r linns, none. Total. $l'T4 .v;.' Ml P -h. y benefits. $109 0rt9 0(1 pjvnients on suppli'iiientnry con- idena accumulation!, ana interest, none. liuTf.ne in wwrvM. $2f 049 14 l otumiMtons. claim nd general n- su: auce eiene and taxes. $150.- 61 !4 iMKer operating dwtuctlonji. none. Ui uteiuK to ih1ic holders, none. T'tai. :n5.:.44 o. Net gain from operations. $lt, 171 M Il.vidends to stnckholders. none. Ot'ier Iteiiis affrcting su: plus and sin phi tunds I netl. $.V30H!8 I'.'tat 5 .UVU !W Decreae in lurplus and (eclat sir- p'liv fmi.U. $5 8' So mMNf-SS IN tMtFOON FOR TIIF. V KA Gr. premiums and annuitv run B' ter.itunii collevted duilni the eai. $jrt S-;j u iv.v.deii.ls P'd or credited to pol- Kutei lit C.i belief it clai l.llX ntlt- l.fd 1 du rir.r. nnrr nEAitn Vi'inon Carlun. tliiel o the Bd lire dcparimenl. was speak it ut Ihc Kmailis elub luruheoil at the I'ine Tavern Monday, trae inn the development of lire fighting ,ttuiinent If out ancient duys lo ilie present and noting the part that insurance oivanialions have played in encouraging loss reduc tion. H ATI It RA(i(,t l) Forrest l.uias, lllfi Portland avenue, was drivitig along New port avenue with his little daugh ter .Saturday night. When he got near Uln street, wham, a water shed balloon flew inio his car and soaked his girl. The rase was re ported to the city police. No. 22-22 BynopiH of Annual Statement for the yeur ended December at iubj jf trie Carolina CaVu"?t7 Insurance S'y,r Burlington, in tr,e State oi rotth Carolina, made to tne In surance Commissioner of the State of Oregon, puriumt to Jaw ADMITTED. ASSETS Bonds. $2.WJ9,825 55. Va, and Sav. At Loan Accounts. $ul,h51 50. Mortgage loam on $6,150 AM. real estate. Heal estate. $73,487.50. C'Jkh and bank deposits. $232,363 22. AgenU" balances or uncollected premiums. $40J.WH 89. Interest, lividt-nds and real trstait Income due and accrued, $12.99238. Other assets. $09.50.17. Total admitted assets. 4. 652, 258 21. LlAUILITIFi. SURPLUS AND JX)iues, I. tl.4U2Z!5 37. aajUkOtit-nt Lout 15 h2. expenses, 1326,- Unearned premiums, $772,057.28. All other liabilities. $476,323.48. Total liabilities, except caultal. $2,977,261.75. ' Capital paid up. $783,699.00. Special surplus funds, none. Unasjigned funds (surplus), $891, 297 40 Surplus aa regards policyholders. Total. $4.652.258 21. STATEMENT OF INCOME Premiums earned, $4,253,961.80. Losses Incurred, $2,182,474.71. Loss expenses Incurred, $532,186 07. Other underwriting expenses in curred, $1. 4(18.327.92. Total underwriting deductions, $4, 122.9HB.70. Net underwriting ooln nr inaa $130,973.16. investment income. $117,171.41. Otlier Income, $6,143.41. Total, before federal Inram tavf $242,001.16. Federal Income lava innirrcrf 1116.146.76. net income. $125,854.40. Dividends to stockholders, none. Dividends to policyholders, none. Capital changes (net). $100.672 00. Other items afOetina mirnln. tnoll $3'j9,447.79. i utai capital and surplus items (net). $470,119.79. Icvholders. $595,974.1 . BUSINESS IN OREGON FOR THE Net premiums received. $1.155 00. Net losses paid, none. Dividends naiil or crrtlt(rl tn nnll- cy holders, non. K U friSll, STEP UP TO OLDS k ' v afe-?u. ts0-1 .IIZ2v Sup.r "88" Holiday Sedan, All this week is "Best-Deal Week to make it easier than ever for you to step tip to a "Rocket" Oldsmobile. Hut our generous appraisal policy isn't all. Look what tvr'rr talking about! The revolutionary new 4-Door Holiday Sedan! This scene -stealing beauty puts you alinul of the crowd in style and comfort with its hard top design and full, four -door convenience! And this Holiday Sedan is powered by those two famous running males , , . the "Rocket" 202 Kngine and Hydra-Matic Super Drive! So stop in this week. Take the wheel . . .'get our deal! Cet out of the ordinary and into an Olds! Opnwtl extra OLDSMOBI FOR COOl DRIVING COMFORT... 01 - AIR-CONDITIONED "ROCKET" OIDSM0IIUI S m ht AnKi mi twMgM psMwMi mm BRIDGING A GAP A portable bridge is unfolded by an Army M-48 tank to help it cross ditches at Fort Belvoir, Va. The bridge, which folds In half and is mounted on two wheels, was developed by the Army Engineers to provide tanks and other equipment with a means of crossing short gaps. Controlled from inside the tank, the bridge unfolds as it nears a ditch and cau span 40 feet ' He Thinks He Has the Answer PORTLAND (UP) A Portland cab driver and amateur archeolo- gist thinks he has the answer to day to a 12,000-year-old mystery. Jack Benson has been fascinated by a huge slab of basaltic rock in Portland city hall courtyard since he first saw it 35 years ago when he was a lad of 5. And off and on he has been, trying to decipher the hieroglyphics which cover its sur face. The rock markings were gener ally thought to be the work of early day Indians along the Co lumbia river between Wallula and (he Oregon border. The rock was found there in 1910. Never easier Dyer's Auto Service Phone DON'T Mill OlDSMOIIirt ITAR-ITUODIS "SMCTACUMR- "iVINORU - : J But Benson is now convinced the writing is Mayan. He thinks it tells the story of the sinking of the mother land and the coming of iii.iif t tu n,.t (; North America. From his Mayan studies, Benson has placed the age of the writing at about 12.000 years. He thinks he can recognize a picture of the Mayan priest Itazmna from a jaguar, which was the symbol of the tribe from which the priest came. Also on the rock is the floor plan of a temple which he believes was built in east or central Ore gon. VISIT THI "ROCKIT ROOM". . . AT YOUR Convicts Stabbed WALLA WALLA IUP- Wanlni Lawrence Delniore of Ihe Wash ington slate penitentiary today dis closed that two convicts were stabbed in two separate week end incidents at the recenlly riot shaken prison. i The warden identified the wounded prisoners as J. L. Nor gard. 46, and A. N. Knsenberger. 22. lie said both stabbings oc curred Saturday and both men were recovering from their wounds. ""We plan an investigation to find out who did the stabbings and Mo. 28-21 Synopiii of Annual Statement foi he eai en-td December 31. 1951. nj eniien Mutual lu suranc Company, of Indianapolis t., ...uiana. mace to th4 lmurance Commissioner of the Suit of. Oiegon, pursuant to law: ADMITTED ASSETS Bonds. $16,695,343.67. Stocks. $600,976.00. Mortgage loans on real estate, $7, 050 00. Real estate, $767,742.69. Cash and bank deposits, $1,574,. 060.W, Agents' balances or uncollected premiums. $1.447.893 51. Interest, dividends and real es tate income due and accrued. $152. 138 40. nth.f atwti 139812035. Total admitted assets. $21,543 325.61 LIABILITIES. SURPLUS AND OTHER FUNDS Losses. $2,327,208.00. Loss adj ustment expenses. $304. 616.05. Unearned premiums, $12,457,639.31. All other liabilities. $14708.97. Total liabilities, except capital. $1636.772.33. Capital paid up (Mutual). Special surplus funds. $350,000.00. Unassigned funds (surplus), $4, 856,553.28. , Surplus as regards policy holders, $5,206,553.28. Total, $21.543.325 61. STATEMENT OF INCOME Premiums earned. $14,589,647.50. Losses incurred. $6,279.219 58 Losses expenses Incurred. $Bt2.050 - 74 Other underwriting expenses In curred. $5,307,342.55. Total underwriting deductions, 112.- 448 612.87 Net underwriting gain, $2,141,034.63. Investment Income, $488,560.23. Other Income. $1,046.27. rSBiiJ Ieaerai ' Federai income taxes incurred, tl'l; RFU) no. Net income. 2.494.790.BL Dividends to stockholders, none. Dividends to policyholders, S2,3tfl. 806.27. Capital changes (net), none. Other Items affecting surplus (net), otai capital and urpluj items (net). $2,485,969.16. Increase in surplus as regards pol- ,C'hB0is'iN-Es1-1i'65ORECON FOR THE YEAR Net premiums received. $551,466.44. Net fosses paid. $22241 .09. Dividends paid or credited to pol icyholders. SS3.649.71. Principal office in Oregon, Fori- than now -to LOCAL DELIVERED PRICE Oldsmoblle "88" 2-Door Sedan 01 lew ai $256462 teieitra. Yawr prit dapMidi vpon cttelcs of model and body tfyla, optional quipmfil and acttorH. frit may vary tllchHy in adotnin communillat bcavt ol iMpplna chargtrt. All prk lubjact lo Chang withoul nohc. OLDSMOllll Of ALU'S 220 Greenwood Ave. 87 AN0 THI HONBr lATUtOAY, WIT 10 . UK-TV At Waiia Waiia why," Delmore said, "but with neither man willing to taiK, u s going to be difficult to find out just what did happen." The slabbing incidents were the first reported acts of actual vio lence since the penitentiary riot of July 53. All physicians and surgeons take the oalh of Hippocrates. ptoDoci or s . Oistiikd fiok mx cum atumt srititi It CUM SMUGS OlSTILtlMG COUPAIT CltlHOHT. IUll I L
