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About The Monmouth herald. (Monmouth, Or.) 1908-1969 | View Entire Issue (April 2, 1920)
f VNOPIII Of THI ANNUAL ITATIMINT Of TKC Boston Insurance Company W Hoston, In lb Ntal (if Messschiisetle, on tin thirty December, III), nikila to Hit Insurance Cominlssluner of Orafuo, pursuant Ui lw: -CAPITAL Amount o capital stock paid up first day of tlu HUM of 11,000.000.00 INCOME Net premiuma reeelved durluK tha ymr .........,.... interest, dlrlilvmla anil rents rwlved cturlrif tha rw. ucoina (rum olliar sources received durum tha yar. Total Incam OIHUMCMINTI Nat loaaaa paid during tha year Including; adjustment eilM-nees ,....,.. Dividends paid on raultal stuck durliia tha yer. fnmmiasloiui and enlsrh-a paid during the yr Tuee, licensee and lees tiaid during the y" Amount of all other aipndllura , T.MMH M 476.115 M M.HO.tl S 7,7M.1.4 I 1,411,177.11 I4II.IHKI 141 . 1,011,241 SI . JiJr,l . lul,U0.44 Total OKpendlturea - . t,U?Mt-7 ASSITI Valua of real aatata owned (mvkat value) Valua of slurha and bonds owned (market value)... Lrwna on itinrtKaiti-B and collateral, ttCwMH. Cash In banka and on hand .. Premiums In court of eolloctloa wrlttan sine Hrptembor llttaraat and renta due and v"' , L i - tij.lno oo Sjimu w I4I.1H II 1,071,011.01 l,MT,IM.H ni.sll.M Total aaaata ...,...,.. . at apodal deposit In any slide (l( any thart b)- Total iiooti idmlttad Jn Ortgon ' ..lll.m.SMIT 7IIM ..1f,740.7 LIAIILITIII Omaa elalma for losses unpaid I I, Ml, 1(4 It Amount of unearned premiuma on all outstanding rliki 4,M!,f. II Duo for enmmtesion and ""f - , 11.171 ' All Olhor liabilltlma 4U.sM.uu Total llabllltlaa, sneluilve et capital atock . UIINIII IN OREOON 'OR THI VIAPI Not promluma received during Ilia year.. ljossca paid during tha - ., Losses Incurred during tha )'nr . 7,447,M7.4 Ir.i37.ii Ill 771 II lOjtl.U IIOHTON INHUIUNClii COatl-ANr William 71, llrdt. President. ' Freeman NIkron, Secretary. Statutory reeldent attorney for arrvlci C. A. Colvln, Portland, Orogon. SYNOPSIS OP THI ANNUAL STATEMENT OP THI American Surety Company of New York of N-w York, In tha Htato of New York, on I ho thirty -flr.t day of December. 1911, made to lhu. Insurance Commissioner of tha But of Oregon, purauant to law. CAPITAL Amount af capital itock paid up aiwimwwi INCOME Not premium received, during tho yrr .... 1,007.144.01 Intsrcst, dividends and rents received during tha year,. 79,tsl.ll luooma from other auurcoa received during tha veer . l'JI.IHtl Total Income ...I t,M,m.7S DISBURIIMENTS Not looses paid during tho year Including adjustment oiponara . 11,107,151.47 Dividends paid on capital alrxt during tha yt-Jr Sun.tioo im Commissions and salaries paid during lh year, 1,111,711 74 Tasee, llcenera and fere paid during tha year - 3M.s37.lt Amount of all olhor eapondlture.,,,,. 1.1I,?'.W Total aspendlturee ,73,I10.U ASSETS Valua of ral oatato owned (inarkot aluo).. Valua of alo'ka and bomta oatwd (market valuu) Ioana on moriitMr,a and collfiteral. otc.. t'aon in Bank ana cm nana ...., i, i2j.ani.it . 4.100.000 M MM.1II 00 nona I'reniiuma In couraa of collot-tlon written elnco Houtomtwr W. III! . . I91.I1I.M Intereet and rents duo and aoorucd.WWH....Hw H.41S H6 Other Udr Aeaeui . . . H7.H0.6K Total aasota : J. S117J,3. a apeolal depualt In any stale (if any titer betnot considered ' Total aweti admitted In Oregon.. II,7M,)6.S LIAOILITIES Omaa elalma for loaaoa unpaid. I 1.III.IM 0g , Amount of unnamed premiuma on all outaUndlng risks 1,117. 071. II l)ua fur eommieaion and twhffMK 141.691. W All other liabilities , M6.43I.I7 Total llabilltiei, encluilvi tf capital atock of H,ooo,oou.oo . 1,001,111.77 BUSINESS IN OREOON POP. THE YEAR Nt premiuma received during tha yor.- fossrs oaia auring ine yar . Illl.l47.il , 7.361 S 11,1 10.14 Loasea Inourrod during the yoar...M ..HW, AMKHICAN HUUOTr COMPANY Or NKW YOltK r. W. Ufrenta. 7rtjd'nt. Cliaa. W. Q.H tchlul. Treasurer. Statutory roddoiil atlornoy for service: William J, Lyons, MO Won Bldg., Portland, Oregon. ' ' SYNOPSIS OP THE ANNUAL STATEMENT OP The Provident Life & Trust Co. of Philadelphia of Philadelphia, In the Htnle of I'onneylvanla, on the thlrty-drat day of December, lull, ntnde to the Inaurauc Coimniselonor of tha Htala of Uregon, purauant tu law; CAPITAL Amount of capital atock paid up-, ,1 t.OOOWO.OO INCOME Total premium Income for the year.. WI.S07.130.I4 Interest, dividends and mils vecnlved during tha yer 4,mi,82!.il Income (mm other auurcea received during the year. )i7,008.14 Total Income t22,1&,K1.7 DISBURSEMENTS Paid for losses, endow men Is, annuities and surrender valura t l.lie.MS.ta Dividends paid to policyholders during the year I,4GI,I11.IS Dividends pnld on cnpltal stock during the year, none frotti Ineurane funds ...... w MH m.... none rommlMions and etlarii s paid during the yee I.B50.S3S 1 Tiuea, licenses and Ix's pnld during the year... 6I8.M6 66 Amount of all other eapendlturea - , t,M4,8SII.94 Total expendlturei ASSETS Value of real ealate owned (market value). Value of aliH'ka and bonds owned (market vulue). liaiia on mortgiuiea and collateral, elc...,... Premium notes and pulley Ioidlm...mmhkm. Cash in banks ana on nnnu... Net uniolleeted nud deferred premiuma... Interest ana rente aue ana acoruixi Other assets -(net) ., - ...20,171,517 ttS.MO.U es.sis.oji, 4u . I7,6!3,U1)5,7J Jl,l70,0II.OS 190,301.77 1,171. 621. U 1,421.379.91 17.Slil.lK) Total aueti Total aueti admitted In Oregon . v LIABILITIES Not reserves ...I07,I14,127.M Gross claims for losses unpaid.. All other iiuhiiitlea .- ,. 9I.MS,19S.OO 416.5H0. U5 4,117,109.11 1.018.825.68 UiuuMlgned funds (aurplua) , Total llabilltloi, oxcluilvo of capital itock of ,0O0,O0O ...$107,104,27.W BUSINESS IN OREGON FOR THE YEAR Gross premiums reeeiven uurinn ine year.. 4W48.77 . 8.721.91 . 11,719.11 Premiums and dividends returned during the your..... Losses paid during the yenr. THE PROVIDKNT LIFE AND TUUS't CO. OP PHILADELPHIA Asa B. Wing, President. lonord C. Aahton, ficretary. Statutory resident attorney for service: ; Dallaa J, Sldwall, Portland,. Oregon, SYNOPSIS OP THI ANNUAL 8TATEMENT.OP THE Old Colony Insurance Co. of Boston, In the RUto of Vluaaohusetta, on the thirty-first day of Deoembor, lilt, made to the Insurance Commissioner of the Stat of Orogon, pursuant to lapri CAPITAL Amount of oapltal atock paid up.. ; $1,000,000.00 INCOME Not premiuma received during die year $1,508,I0.M tntnrost, dlvldonda and renta reoelved during tle year 118.069.OJ Income from other aourcoa recolrtd during the, yoar 400,402.44 Total Income ..11,110,731.10 DISBURSEMENTS Nat losses paid during tha year lnchadlng adjuatment expenses Dlvldonda paid on capital atock during tha yoar.. Commissions and anlarlea pnld during the yoar... Taies. licenses and fees paid during the year... Amount of all othor eipundlturcs $ 746.778.51 .w IZ.IIOUUW 436,606.66 36.198.09 .. 178,781.10 Total expendlturei ...$1,440,261.30 ' ASSETS Valua of real citata owned (rntfrltot valuo) Value of atocki and bonds owned .(market value) Loans on mortgages and oollulMral,' etc. Cash In banka and on nana....-. Premiums In course of collection written ilnce Septem ber 10, 1911 Interest and renta du and accrued.. I.SS6, 141.50 16.000.00 237,169.15 I67J75.1I 18,393.14 Total assets Leas special deposits In tiny state (If any there be)... i Total aaaeti admitted In Oregon ...3,8t)4,70.08 LIABILITIES .1.1 J . - 1 ..., uross claims lor www unpaiu...... , 1,1,0, ell Amount of unearned promlumi n all out itandlng risks.... WlJ.'" "" Due roe enmml.nlon and brokrsjre ..... - 'uVO "S All other liabilities, state and federal taxs and feea i0,lto. ,..l3,EW,f70.0B Li 386,436.81 Total liabilities, exclusive of capital stock...-...-. - . BUSINESS TN OREGON FOR, THE, YEAR Net promluma received during tho year Losses nuld durlnrr the year . Losses Incurred during the year... A Brief Biography of Herbert Hoover H07.1H.27.Sit laa apeolal deposits In any stale (It any there Im) 6o.500.IHI ..$150,784.71 -16,736.58 J.no 1,664.8 OLD COLONY 1NSUUANCE 00. William R. Hedge, President. John P. Morgan, Secretary. Statutory resident attorney for service: ' Charlei A, Cotvln, Portland.jOregon.i 1874-Porn in West Branch, Iowa, ui Quaker parents 1880 At site of six, he was left sn orphan, Fur the next four years he lived with relatives in West Branch, 1886-When 12 years of age, he went to other relatives in Newberg, Oregon, where he assisted in farm work until he was fourteen. 1888 He left his relatives in Newberg and began life for him self in Falem and Portland, Ore gon, with the Oregon Land Compa ny. Part of the time he lived in I mall back room behind the office. There In his off hours he studied by himself, with some attendance at night school, with such effect that iti two years he was ready to at tempt college entrance examinations. 1891 Entered the University. Earned his board and lodgings and the funds necessary for books and other college expenses partly by doing work for the professors and partly by organizing a system for the collection and distribution of the laundry of college boys. Dur ing summer vscations Hoover work ed on Government surveys, getting the foundation for his future pro fession ss a mining engineer. 1895 - He graduated and went to the mining region of Grass Valley in the Sierras, where he became a miner with pick and shovel because he wanted practical experience to back up his bookknowledge. When he knew'enough about the job to be made "gang foreman", he decided to get into association with Louis Janin, the foremost mining engin eer in ttfat part of the world. When he presented himself at the Joftice, Mr. Janin told him that there was positively no place; he needed ro one, he said josingiy, except a clerk. "All right," said Hoover, "I'll take the place." The first real engineering job Mr. Janin gave young Hoover was In a law case respecting a mine in Grass Valley with which he had become acquainted in his Govern ment Survey days. 1897 Mr. Janin was asked to recommend to a London firm a min ing engineer who'could investigate and manage mining property Hoover was selected. The next eighteen months he spent in West Australia, a desert where the tern perature remains above 100 degrees for weeks in succession; where sur face water is discovered only every 50 or 60 miles. The job required resourcefulness, original research, and constructieve imagination When the technical problems were solved, organization and sound ad ministration were necessary to make the mines pay. He made good mines out of bad ones and de veloped many new ones. . 1899-Keturned to California in January and married Miss Lou Hen' ry, a graduate of his own Univer sity. In this year he became Chief Engineer of the Chinese Imperial Bureau of Mines, In his explora tions he visited communities prob ably never before visited by a for. eigner. He and Mrs. Hoover re mained in China through the Boxer Rebellion. 1900 Returned home to Califor nia by way of London and remamed a few months, atfer which he went back to China as manager of a coal mine. 1901 Returned to California and opened offices in San Francisco as a consulting engineer with a branch office in London. Estab lished partnership with his brother Theodore. Hoover gradually came to be known as the acknowledged leader of the mining engineering profession. He was appointed en gineer or director of mines and metallurgical work in Australia, Peru, China, Nicaragua, California, Mexico, Alaska, South Africa, Burma, Belgium, Borneo and Russia.' In Australia he developed a new zinc business. In Burma he constructed railways and ships as Iwell as smelters. In Rusisa he re- claimed an estate as large as Bel gium, where through bad manage ment of vast natural "resources the population had become demoralised and Impoverished. 1914 In the Spring of 1914 Mr, Hoover went to Europe from Cal ifornia on behalf of the Panama Pacific Exposition for the purpose of assisting his home town, San Francisco, in securing the partici pation of European Governments. He secured passage home again to the United States for the 15th of August but the declaration of war upset hi s pains. There were some thing like 200,000 Americana stranded in different parts of Eu rope, their letters of credit practi cally worthless", insufficient steam ers to get them home and a great variety of difficulties with passpoi ts even after they reached the various seaports. Mr. Hoover seemed by some natural selection to be the i . American in Europe to whom other Americans turned for help, an left bis own affairs for the greater usefulness to his countrymen. Get the Genuine' and Avoid Vaste. in Economy Every Ck IHakM I'M i in,) mi KM' ?..!. v,.1 V rf-.'jMft.rt..-.ie,l -'" v ere E ;j Ooxeio Kg! 00 -TO ON lOi ovwio- ltM-it.9 VR. - '"' ' , U; A o i".:t r:fMrMm' :- STbou' 'wrt isc'io win - h HOME Mfe5 ; SWEET ME p 1 HOME fyWl fjjlf 4 L T iM ONAt.O-MO! t0 tW WSnV' VrAH Hotl! t PONf lf 'tlf cfy I il LET'S STP IH HPE AND I l." td If 1W1 PPATICE Hapq Artt GET THOSE ViOLlM STRlNS I l- LtARH TO PLAY THt VKMJM TOU'VE BCEK-HOWUNS- t MUSIC wta.I LL 60V VOU ONE ', JJOME tscor rw w i-cno H 5TQggj or-THESE jgyowirf 1 NOPE'. PONT WANT IT? Jjj lb ll I AW JCK$- J I ft . n A v BUND AKD CRIPPLED THRONG MISSISSIPPI MIRACLE MAN The miracle man In the flesh is said to be performing wonderful feati of healing through faith and prayer along the lower Missis sippi. He is John Cudnejr, IS year old, who lives on a houseboat, and now tied up at Not Orleans. He prefers to be called "Brother Isaiah." Thousands have thronged the houseboat, some out ot curi osity, but mostly the. blind and crippled, who hoped to be healed. Many stories are told ot healings Police have .been forced to throw up rope lines and maintain order to keep the people from awir-ip-ing the little boat Cadney ttl accept no tee, accrediting.- the work to Divine Power. Politicians Must Take Stand Before Farmers , tTyy?M nSr-W l. SMsaaaaaa! I oQroai S V- v m? ill-, o jm ' ; : f K s"- tjT I""' t-r The American farmer is into politics at last Not along party lines, but in the open, where any party can have his support, if tbe men standing for that party prove they will give legislation toward progress of paramount agriculture questions Here is the committee appointed by the recent National Farm Board Congress at Washington, to interview. Investigate and report to the farmers of tbe nation (through their various organisations, the attitude and support that can. be expected from each candi date and party This is to Include candidates from president down to tbe humblest county position. I Those on the committee are, front row. left to right J B Houston, secretary Wisconsin Society of Equity; C. S Barrett of Georgia, president National Farmers Colon, chairman. R D Cooper. New York Dairymen's League, and Charles W Holman. Back row, left to right, Gittord Ptncnol. Pennsylvania, Rural Progress Association; T C Atkeson, W Vs.. National Orange. Maurice McAuliffe, president farm ers' Union, Kansas, and Charles A. Ljman.