T
he
\ Phillip Grossmayer Co«, Résident Agents, W ilcox Building, Portland, O regon
O b s e rv e r
MORO. OREGON.
F R I D A Y .......
t
. May 28, 1920
The price oi The Observer b S l.S 0 per
year, 7§ cent« for »ix month», 50 cenu tor
lour month»—bur if ""«d >■ -dvance we
accept $2.50 in full ‘or 2 year».
Shorter
term» than one year 12 Mi cent» per month.
Blue Mark here will answer an in-
query, when entered upon our calendar,
giving 'he date •.5 »N- n-oer »’ he date at
« vh y ;
•
1 «’
A
U m *
o f O regon, p u rs u a n t to la w :
C A P IT A L
Amount of capital »tock paid up ...............- ............
* »
„
••And, D a vid !” N ancy called after
|ilin , “ be sure and try to get som e
sugar In town. I haven’t a bit.”
David cam e back to the gate. “Now,
look .here, N annie,” he exp ostu lated .
“If you can’t get any with your sw eet
sm ile, how do you suppose I’m going
to work It?”
7 “Scat, silly boy I” retorted Nannie,
laughing. “Fve got too much to do to
fool w ith you. D on’t dare-com e home
’ tonight without som e sugar." *•
David threw her a kiss, and went off
down the street w histling, and Nannie
looked after him with pride. He wus
a nice hoy. in sp ite o f his nonsense,
mid she did so hope he could get som e
sugar. H is birthday w as tomorrow,
and David hud a lw ays hud a birthday
cake.
She went Into the house with a little
sigh, and stopped long enough in the
parlor to peek through the window nt
the house next door. It had recently
been rented, and N annie w as curious
about the people In It. F irst o f all
there w as a girl about her own nge
or perhaps a little older— possibly 2*»
— then a young man who walked with
a limp. He wore a service button In
his coat, and ^Nannie admired him
- very much. David had com e through
S t. Mliiiel and a few other places
w ithout a scratch, hut this chap had
evid en tly had a hard tim e o f It. H e
w as thin and pale, and N annie s moth
erly heart yearned for him. L ast o f
a ll, there w as an elderly lady, and
from her devotion to the young man,
N an n ie Judged she w as h is mother.
But D avid's search for sugar w as
u n su ccessfu l. He cam e up the walk
thnt night, holding out his empty
hands, and'shrugged his shoulders.
- “N othing doing.” he called out cheer
fu lly. “C ouldn’t get a look-in any
» ’
Total Income
D IS B U R S E M E N T S
N e t lo»»e» p a id d u rin g th e y e a r InuLud. a d ju s t, e x p -----------1 1,879.813.86
209,986.00
D ivid en d » pa id on c a p ita l »tock d u " n g th e ye»r™™.™.™™~
Com m l»»lon», s a laries and
d u rin g th e y e a r 1,477.372.97
135.540.69
T a x e s , license» and fees p a id d u rin g th e y e a r --------------------
338.879.97
A m o u n t o f a ll o th e r e x p e n d itu r e s ----------------------
> 4,041,292.39
<
d o n ’t k n o w w h a t to s a y , B o b b y ,"
•
sh e sa id s o ftly .
“ Y o u Bee, I f It w e r e
Just
be
m y s e lf
to
considered,
why
th e n ------- "
•Y e s then?”
said B o b b y tenderly,
rapturing her hands.
••But you see, there’s David to be
thought about. W hatever would he do
without me?’
• J k n o w w h a t h e'd do, d u r ltn g .” w a s
th e a n s w e r.
" H e ’d <lo Just what I’m
d o in g ut th is p re -i-n t m u n c u t. n ’ »d I ’m
not su re b u l w h .it b e ’.« <h»ne It nl-
re o d y .“
A n d to h e r a s to n .s p in e n t.
B o b b y , 'lie > l.y , s ile n t B o b b y, p u t b o th
arm s
“ Now
h ro u n d
v»»u Just
s a id . Is -to r e
her
h im I
co m e
kissed
w ith
N a n n ie b a d
tim e
her.
m e .’’ be
to p r o
teaV,
T o g H l e r th e y tiptoed Into the ad
Joining lo o m und paused at the door.
Dora's voire was beard, softly ex
'
|s » s tu la tln g .
“Of course, David, if It were Just
m yself to l«e considered—put what
w o u ld Bobby do without tne?’’
N annie rou’ In’t help a moat u n ro
m antle laugh Just then, and Bobby
•tiouted :
“Oh. you w om en: What an exalte«,
opinion you have of yourselves 1 We
poor. ,i< I ideas men can’t get along
w ithout you. can we? D o r a , you
nernln't w«»rry about my future— I’m
w ell taken «"are of, and someh«»w or
Bther I'm thinking that Itavid won’t
be far »«eliliHl In the care, eith er!" „
», H e w as right--<jalte right, as every
• n e found out afterw ards. And aev
•r a l mfrtith» later there w as a double
w edding at the Uttla church.
A SSETS
‘
293.500.00
ow ned (m a r k e t v a l u e ) .... ....------------- *
bonds ow ned (m a r k e t v a lu e )------------- 7.414.875.26
78.944.89
and c o lla te ra l, e tc ------------- ----
146.085.46
on ha n d ........------- -------- '¿"'"T" •n'"” ««ii'a
800,742.26
o f colv w r itte n since Sept. 30. 1919.— .
9,054,147.84
0.00
B cs7speciar^?epo slts in an y s ta te <tf an y th e re b e )----------»
9.054,147.S4
T o ta l assets a d m itte d In O reg o n ------------------------------------- -
L IA B IL IT IE S
486.105.92
Gross c la im s fo r losses u n p a id ........ r ^ i ? i i ^ n d T i i r " r i s k a
4.209.637.00
A m o u n t of un earn e d prem iu m s on all o u ts ta n d in g risx»....
15.000.00
D ue fo r com m ission and b ro k e ra g e ---------------------------- - •
330,024.00
A ik o th e r lia b ilitie s --------------
3 5,040,760.92
T o ta l lia b ilitie s , excl. o f cap. stock of 31,500,000
---------------------
... O R E G O N F O R T H E Y E A R
B U S IN E S S IN
23.667.91
N e t prem iu m s received d u rin g th e y e a r-----------
-------
7.499.56
Bosses paid d u rin g th e y e a r ------ ---------------
■ - - -
11.613.68
B iases in c u rre d d u rin g th e ye ar..r ----- -™-----------------
N E W H A M P S H IR E F I R E IN S U R A N T E CO.
F r a n k W . S e rg e a n t. P re s id e n t
F r a n k E . M a r tin . S e c re ta ry
S ta tu to ry re s id e n t a tto rn e y fo r service:
P h ilip G rossm ayer, P o rtla n d , Oregon
o f P ro vid ence In th e H ta te o f R hode Is la n d , on th e t h ir t y - f ir s t da y o f
December. 1919, m ade to th e In s u ra n c e C o m m issio n er of th e S ta te of
O rego n, p u rs u a n t to la w :
C A P IT A L
Amount of capital stock ’ • ld|Nu<f t ^ j g — *
---------------- •
----- ------- 2 “ “**
In te r e s t, dividends and ren ts received d u rin g th e y e a r —
In c o m e fro m o th e r sources received d u rin g th e y e a r------
Total Incom e
- D IS B U R S E M E N T S
N e t losses paid d u rin g th e y e a r In clu d . a d ju s t, e x p .... >
D iv id e n d s paid on c a p ita l stock d u rin g th e y e a r-------------
C o m m issio n * and salaries paid d u rin g the y e a r
Taxes, licenses and fees p a id d u rin g th e y e a r
A m o u n t o f all o th e r ex p en d itu res — _ -----------------
T o ta l
• to la w :
CAPITAL
Amount of capital stock paid up.......— ... - .......
INCOME
Net premiums received during the year— .......
— — 31 ".490.130.29
In te re s t, divid e n d s and rents received during the year™.
484.871 82
>94,989.04
Incom from oilier sources received during the year--------
_»11(578,940.99
Total Incorna
DISBURSEMENT*
4.224.614.11
Net losses paid during the year includ. ad ju st axp.-
Divld' iids paid on capital stock during the year------
2.944.604.66
C om m ission» and salaries paid during the yaar.
697.M4.M
T«x< ». llceriM-s an d fees paid d u rin g th e y e a r .
.
1.757,096 38
Amount of all other expenditures-----------------
_• 9,909,100.09
T o ta l ex p e n d itu re s
ASSETS
1,490,000.90
V a lu e o f re a l e s ta te ow ned (m a r k e t v a lu e )---------
3,214.280.00
V a lu e o f s tic k s and bonds ow ned (m a r k e t v a lu e )
29,779.00
Lo an s on m o rtg a g es an d c o lla te ra l, e tc — ,™._™-.™.
2,796.729.13
Cash in banks an d on hand
1,881.799.10
P re m iu m s in course o f col. w r itte n since B epL 20, 1919..
210.872.78
In te re s t an d re n ts due and SkC. an d o th e r led g e r a s s e ts .
600,000.00
Net premiums received during the year.
12
94.610.1«
862.50
.3 1»738,969.14
649.350.94
62,500.00
523.912.68
121.978.06
86,622.41
9 1,442,264.09
e x p en d itu res
ASSETS
real es tate ow ned (m ark« t v a lu e )— ..... —a-------
0.00
Value of
Value of stocks and bonds owned (market value)—---- _ 2,064.093. 00
18,086.1#
other assets -------- ------------------------------------------------ --------------
266.298.99
C ash in banks and on h a n d
------------------ — -™.™™..~..™™
P re m lu m s In course o f col. w r itte n since S ept. 30, 1919...
In te r e s t an d rents due an d secured .
410.626.83
17.071.29
3 2,766,175.25
3
0.00
9 2,766,175.25
Total assets ----
Bess special d. poslts In an y s ta te ( If a n y th e re b e )„
itte d In O rego n------- --------------------
T Total
o ta l assets
aa»ets a d m ltte
L IA B IL IT IE S
G ross cla im s fo r losses u n p a i d ------ --—
---------»
A m o u n t o f unearned p rem iu m « on all o u ts ta n d in g risks .
D u e fo r com m ission and brokerage™..™....—— — ™.™™— ~™
A ll other lia b ilitie s ™.™.— — -.— -— -------------------------- — -----------
S u rp lu s
T o ta l assets ......---------------------------- -— ——
,
Less special deposits in an y s ta te ( i f a n y th e re b e ).
T o ta l assets a d m itte d In O reg a n ----------------------------------
165,834 67
1,278.(120 60
135.606.52
65,000.00
521.813.46
LIABILITIES
lla b llltle » , excl. o f cap. stock o f 3600,000.00 3 2,166,175.25
B U S IN
IN O R E G O N ----
F -----------
OR T H E YEA R
N E E S à S f ----------------------
17 316.50
N e t prem iu m s received d u rin g th e y e a r ----------------------------- 3
6.167.57
Leases paid
d u rin
g th
e -----------------------------------------
year
>siu u
nue
«.«•«
------ ----------
j
ncurred d u rin g th e year™ .............------------- --------------- e
R H O D E IS I^ A N D IN S U R A N C E CO.
G eo rg e I * Shepley, P re s id e n t
r
E m il G. P ie p e r. S e c re ta ry
S ta tu to r y resid en t a tto rn e y fo r se rvice:
Phrftlip G ro»»m ay«r, P o rtla n d , O regon
Total liabilities, exclusive of capital stock of— ----- «10.414JE7.40
BUSINESS IN OREGQN FOR THE YEAH
f
H. E. Parkhurst, 601 Wilcox Bid«., Portland, Orogon.
SYNOPSIS OF THE ANNUAL STATEMENT OF THE
U n it e d S ta t e * B r a n c h , S o n I n s u r a n c e O f f ic e
of Lond on. In th e K in g d o m o f G re a t B r ita in A Ir e la n d , on th e t h l r f
S Y N O P S IS O F T H E A N N U A L S T A T E M E N T O F T H E
SAFEG UARD
N A T I O N A L F IR E IN S . C O . O F H A R T F O R D
IN S U R A N C E C O M P A N Y
A m o u n t of c a p ita l stock
-------------
’
200,000 00
N e t p re m iu m s received d u rin g th e y e a r ..™.„™..........
dividends
ts receh ’^dl du„r »'£: the~ ' y. ..........
a r ..
In te re s t, a
iv ia e n a s and
hhu re
ir u n m
In co m e fro m o th e r souicea received du rin g the year.™......-
31.126.1U
$
D IS B U R S E M E N T S
$
N e t losses paid d u rin g th e y e a r In clud. a d ju s t. e x p ......... 3
D iv id e n d s paid on c a p ita l stock d u rin g th e y e a r ....................
C om m issions a id sa laries paid d u rin g th e venr..._........... ™
T a x e s licenses and fees paid d u rin g the y e a r ............
A m o u n t of a ll o th e r expenditures^........----------- -----— ...........
T o ta l
346,298.66
Incom e
78.501.27
0.0b
8*.587.77
15,817.91
16.200.73
. x p . n d l . u r . . ------------ ^ g e T S ------------------------ ------ ’
194,107.68
V a lu e o f real es tate ow ned (m a r k e t value).™ .— ------------ 3
V a lu e of stocks and bonds ow ned (m a r k e t v a lu e )...............
Lo an s o n 'm o rtg a g e » and c o lla te ra l, e tc............................. ........
0
673,450.00
0.00
TS2.4O3.87
75.377.31
.
46.71
9,058.94
Tout
P re n ilu m s In course o f col. w r itte n since Sept. 30, 1919™
R ein su ran ces due fro m o th e r com panies on paid losses—
In te r e s t and rents, due and a c c ru id .......................................... _
940.336.83
0.00
Less^ specla^ deposits In an y sta te ( if an y th e re b e )--------- 1
T o ta l a»sets a d m itte d In O r e : - v - ........... ..... ............»
940.336.83
LI ABI I.IT I t b
32.834.68
279,335.21
Gross cla im s fo r losses u n p a id ................................ ............— -.......3
A m o u n t of u n e a r n e d p r e m iu m s on all^ o u t s t a n d i n g r is k s ...
D u e fo r com m ission and b ro k e ra g e .........................- ............... -
A ll o th e r^ lia b iiitle s , salaries, re n ts , e tc ......................................
E s tim a te d a m o u n t p a yab le fo r ta jtea........................................— _
lv.000.00
2,000.00
16.000.00
340,169.89
T o ta l lia b ilitie s . exclu«ive of c a p ita l stock of
3
B U S IN E S S IN O R E G O N FO R T H L Y E A R .
N e t p re m iu m s received d u rin g , th e y e a r— .............................~3
Bosses paid d u rin g th e y e a r ........... .................. ............................-r
11.763.21
4 299.57
2.9C M I
A G M c llw a ln e , J r.. P re sid e n t
H e n ry \ \ . G ra y . J r., S e c re ta ry
S ta tu to ry resid en t a tto rn e y fo r service:
A . W . Glesy, P o r tla nd, Oregon
o f H a r tfo rd , In th e S ta te of C o n n e c tic u t on th e t h ir t y - f ir s t day o f D e
cember, 1919. m ad e to th e In s u ra n c e C om m issio ner o f th e S ta te of
cei
‘ regon,’ p u rs u a n t to la w :
C A P IT A L
Oi
In su ran ce C o m p a n y
of
P h il a d e lp h i a
of P h ila d e lp h ia , In th e S ta te of P e n n s y lv a n ia , on the t h ir t y - f ir s t day
o f D ece m b er, 1919, m ade to th e In s u ra n c e C om m issio ner o f th e S ta te
of O regon, p u irfu
rs u a n t to la w :
C A P IT A L
.3 750,000.00
A m o u n t of c a p ita l stock paid up
™.
I N O D m L
N e t p re m iu m « received d u rin g th e year. .. ...... ...................... 3 2,492,966.6
In te r e s t, divid e n d s and re n ts received d u rin g th e year.™
172,997.3
In co m e fro m o th e r sources received d u rin g th e y e a r........
2,688-91
..3 2,668,921.9
D IS B U R S E M E N T S
N e t losses paid d u rin g th e y e a r In d u d . a d ju s t, e x p ........... ...I
D iv id e n d s pa id on c a p ita l stock d u rin g th e y e a r -----------
C om m issions and sa laries paid d u rin g th e y e a r ..... — ......
T a x e s , licenses and fees paid d u rin g th e y e a r------------------ __
A m o u n t o f a ll o th e r e x p e n d itu re s ...............................................
f
T o ta l
s x p s n d lt u r ..
-----------........................ ..............
V a lu e of real « s ta te ow ned (m a r k e t v a lu e )..........................
V a lu e of stocks and bonds (m a r k e t v a lu e )— .M,™------ --------
B ills receivab le ------------ ------- ----------;
— ..............................
Lo an s on m o rtg a g es an d c o lla te ra l, e tc — .™----------------------
R eco verab le fo r re in s u ra n c e on losses p a id ....... ..................
Cash in banks and on h a n d .... ..............- ........« - - •
P re m iu m s in course o f col. w r itte n since 8« pt. 30, 1919-
In te re u t and re n ta due an d ac cru ed —.— —-—................
p
Hpeclal depoalt« In a n y Htate ( if an y th e re b e ).——
T o ta l assets a d m itte d
, A g^Jj!J.'|’j g ' “ ...................——
Gross cla im s fo r losses u n p a id ................................—■■■•
A m o u n t of un earn e d p re m iu m s on all o u ts ta n d in g risks..
D uo fo r com m ission and b ro k erag e .— ....... ..............................
A ll o th e r lia b ilitie s ............................................. ................ -.............
940.813.1
90,000.1
645.264.12
149,764.34
145,912.4
T o ta l Incom e
........ .................. ...................................---------------115,970,089.91
D IS B U R S E M E N T S
N e t losses pa id d u rin g th e y e a r includ . a d ju s t, e x p ......... 6.87I.436.CO
4O0.IIO0.0o
D iv id e n d s paid on c a p ita l stock d u rin g th e y e a r ----------------
1,842,609.29
C om m issions an d sa laries paid d u rin g th e y e a r ----------------
852.4 16.78
T a x e s , license» and fees paid d u rin g th e y e a r ------- -------------
A m o u n t of a ll o th e r e x p e n d itu re s ----------------------------------------- 1.19s. 183.11
Incom e ......................... ...........................................- ■ 1 ■
MMJ««.1
D IS B U R S E M E N T S
N e t losses pa id d u rin g th e y e a r in c lu d in g a d ju s t, exp— 3 «,199,100.8-.
D iv id e n d » pa id on c a p ita l stock d u rin g th e y e a r -------------
09.tk.
Commlss:(»ns and sa laries paid d u rin g th e y e a r.... ............... 1.342.844 0
T a x e s licenses and fees paid d u rin g th e y e a r--------------
298.461.1
A m o u n t of a ll o th e r ex p e n d itu re s -----------------------------------------
ST7,»w.«i
up
IN C O M E
N < t p re m iu m s received d u rin g th e year.™™.-----.....---------------•
In te re s t, divid e n d s and re n ts received d u rin g th e year.™
In co m e fro m o th e r sources received d u rin g th e y e a r ------
T o ta l
Total assets ----------- — -------------------- ------------------- 324, 723.963.1Ü
0 0"
Leas special deposits in a n y s ta te ( i f an y th e re b o ).... ...
>
T o ta l asseis a d m itte d In O reg o n ...................................... 324, 723,963.60
L IA B IL IT IE S
Gross cla im s fo r losses un p a id ™............— -----------------■■■■■■- .3 1. 720,245.48
A m o u n t of un earned p rem iu m s on a ll o u ts ta n d in g risks ... 13, ,440,413.33
0.00
D u e fo r cornvnssion and b rokerage..,.— ................................. ...
A il o th e r lia b ilitie s , reserve fo r expenses and taxes...™..... ™ 1,
5,G?G. 56
F u n d s held un d e r re in s u ran c e tre a tie s ....................................
R ese rv e fu nd s fo r all c o n tin g e n t lia b ilitie s ...........................
> E E l
d s
99
... .................... ...... r
----TT"------
T I o UtUI
ta l a
s C
e t l9
s ---------
Less Bpecial deposit» in a n y s ta le ( I f a n y th e re b e ).
T o ta l assets a d m itte d In Oregon.™ .---- -------------------
L IA B IL IT IE S
Gross cla im s fo r losses u n p a i d ....................................................
A m o u n t of un earn e d p re m iu m s on a ll o u ts ta n d in g r>sk»,..
D u e fo r com m ission and b ro k e ra g e .... .......................... ............. -
A ll o th e r l i a b i l i t i e s ------ -----------------------------------------------------------
8JS7.137.8
112.066.2)-
0.
6,287,137. (
669,705
4,097.476/
21.760 00
117,884.46
e f N e w Y o rk . In th e S ta te o f N ew Y o rk , on th e t h ir t y - f 'r s t day o f D e
cem b er. 1919. m ade to th e In s u ra n c e C om m issio ner o f the Btate <x
Oregon,' p u rs u a n t to la w :
•
C A P IT A L
«/vx xwx «vx
A m o u n t o f c a p ita l stock paid up
---
-------- —
3 w j . w w . ou
IN C O M B
-r-
N e t p re m iu m s received d u rin g th e y e ar.™ ------- -
------ 3 2.910,901.72
In te re s t, d ividends and re n ts received d u rin g th e y e a r —
152,369.71
In co m e fro m o th e r sources received during the year-----
211.1»
p u r
400,000.0«
T o ta l
incom e
T o ta l
T o ta l
ASSETS
V a lu e of re a l e s ta te ow ned (m a r k e t v a lu e ) ................—
V alu e of stocks and bonds ow ned (in r rk e t v a lu e )........
R ein su ran ce reco verab le on paid losses..... .......................
Cash In banks and on hand.................. — ------
P re m iu m » in cour»e o f col. w r itte n since Sept. 30. 1919.
In te re s t and re n ts due and ac cru ed ............................. ........
„ 3
..
0 00
3,090,081.10
37,421.28
690.103.05
686.4!»1 19
e x p e n d itu re »
_« 8,193,600.98
------------- --
ASSET«
V a lu e of reni es tate ow ned (m a r k e t v a lu e )-------- -----—
V a lu e of stocks and bonds (m a r k e t v a lu e )------ ---- -------------- ..
Lo an s oh m ort gag« » and c o lla te ra l, e tc --------------------------------
Cash In bank» and on h a n d
.........- — ™_™...— — ™.™™.~
P re m iu m s in course o f col. w r itte n since Sept. 30, 1919™.
In te re s t and re n ts due and a c c ru e d -..... - ......—................. ........
„..3 2,941,666.07
ex p e n d itu re s
Incom e
D IS B U R S E M E N T »
N e t loss»-» pa id d u rin g th e y e a r Inelud. a d ju s t, exp..
D iv id e n d s paid on c a p ita l stock d u rin g th e y e c r —
C om m issions and s a laries paid d u rin g th e year...™...
T a x e s , licens« s and fees pa id d u rin g th e y e a r ----------
A m o u n t o f a ll o th e r e x p en d itu res
__ 3 5,838,638.89
D IS B U R S E M E N T S
N e t 168ses paid d u rin g th e y e a r Includ. ad ju s t, exp. __ 3 1.087.885.3K
0.00
D ivid en d s paid on c a p ita l stock d u rin g th e y e a r .......
987,993.68
Com m issions and salaries paid d u rin g th e y e a r
™. — ™
0.00'
T a x e s , licenses and fees paid d u rin g th e y e a r...........—
865.7S7.O3
A m o u n t o f all o th e r e x p e n d it u r e s ------------------ -.............. -
970.439.20
9.99
697.729.46
107.669.2«
1.316,109 25
4,96rj54.39
9.768.29
2.104.901.20
235.560.00
180.404.16
437.910.07
38.604.69
4,00’.031.4«
3i;2 9 l.5 6
T o ta l assets
45 500.00
Less special «lepos'ts In a n y stat«’ ( i f an y th ere b e )..
3,9 j 5,531.40
T o ta l asset« a d m itte d In Oregon ----------- —
L IA B IL IT IE S
Gross claim s fo r losses u n p a id ---------- ---------------- -------- —-------- >
W1,»17.»7
A m o u n t of un earned p rem iu m s on all o u tstan d in g r sks ... 1,6(6,998.2#
Du«« fo r com m sslon and b ro k e ra g e -------------------------------------- —
“ •»’’’{•JY
3 4 ,423,3^8.18
T o ta l a s s e t s -------------------------- ---------------- -- --------- ------------
".00
Less special depo»lts In a n y s ta te ( if ntiy th « re b e )....... -i
T o ta l assets a d m itte d In O regon — .................................. 3 4 428,388.18
L IA B IL IT IE S
Groas claim s fo r losses u n p a id ............................................-- - - - $ 1 ,072.215.85
A m o u n t of u n earn e d p re m iu m s on a ll o u tstan d in g risks . 2 ,055,511.68
0.00
D ue fo r com m ission and b ro k e ra g e .....................- ------- ------------
75.646.64
A ll o th e r lia b ilitie s
------------------- — — ------------ -----------
S urplus as reg a rd s policyholders ---- ------ ------- ------ ----------- 1 ,225,"11."1
T o ta l liabilities, exclusive of c a p ita l stock o f .... — ...... 3 4 ,428.388.18
B U S IN E S S IN O R E G O N F O R T H E Y E A R
69 /9 7 .6 5
N e t prem iurps received d u rin g th e y e a r ..........................- .......3
32.59S.25
Losses paid d u rin g th e y e a r
-----►*—........ - ......- — ——---------
37,808.4"
Losses in c u rre d d u rin g th e y e a r................................... .................
U N IO N IN S U R A N C E S O C IE T Y O F C A N T O N
M a rsh & M c L e n n a n , U n ite d S ta te s M a n ag ers
S ta tu to ry re s id e n t a tto rn e y fo r service:
A . Cl B a rb e r, In su ran ce C om m issioner, S alem , O re.
T o ta l lia b ilitie s , exclusive of cap. stock ©J 375,000.00 3 2,233,215.86
O U S IN E S S IN O R E G O N F O R T H E Y E A R
29.589 "9
N e t p rem iu m s received d u rin g th e y e a r ................................ 3
13,664.27
Losses paid d u rin g tlie y e a r ..... — .................. ......- .........................
21.544 13
u»..-. ‘ ^ “ [ i ^ ^ ' r j S a b n A N c I i r c o o r p i i i i . M 'K , . ™ IA
S
e
c re ta ry
B e n ja m in Rush. P re s id e n t
John K re m e r
S ta tu to ry resid ent a tto rn e y fo r service:
__
W a lte r E . Bliss. 304 L e w 's B ldg., P o rtla n d , O regon
180.000
4,770,264.'
0.00
211,169.'
912,667.8L
U N IO N IN S U R A N C E S O C IE T Y , L T D .
T o ta l
535.2HO.00
1,572.762.40
12.000.00
113.263.46
V a lu e of re a l es tate ow ned (m a r k e t v a l u e ) ----------------------- 1
V a lu e of stocks and bonds ow ned (m a r k e t v a lu e )------ -------
I.o a l s on mortgage» and c o lla te ra l, e tc ------— ------------------—-
C a s h ’ In banks and on hand-------------------- -—--— ------- —-
P re rn lù n is in course o f col. w r itte n since 8 e p L 30,™— .™
In te r e s t and re n ts due and accru ed , 364,606.10 and o th e r
ite m s 317,451.18 ....... ..............— ................... ....................... .......
S Y N O P S I8 O P T H E A N N U A L S T A T E M E N T O F T H E
IN C O M E
N e t p rem iu m s received d u rin g th e y e a r--------- -------- .-............ 3 4.078,579.4"
In te re s t, dividends and re n ts received d u rin g th e y e a r .......
, .069.49
In co m e fro m o th e r sources received d u rin g th e y e a r ------ 1.6J"."«»"""
4.497.809.49
82.250.ii0
4.414.559.49
« 4,404,837 «
ASSETS
T h e C o m m o n w e a lt h Insura n c e C o . o f N e w Y o r k
Amount of d e p o s it ..................... ................................................. •
2. 633.33
381. 063.66
4"7. 697.11
49, 353.39
e x p e n d itu re s
S Y N O P 8 IS O F T H E A N N U A L S T A T E M E N T O r' T H E
o f H o n g ko n g , In C h in a , on th e t h lr y - f ir s t day o f D ecem b er.
m ade to the In s u ra n c e C o m m issio n er of th e S ta te of O regon,
s u a n t to la w :
C A P IT A L
",
8.
4JM J15J4
T o ta l lla b llltle » , exclu s ive o f c a p ita l stock o f------------
B U S IN E S S IN O R E G O N F O R T H E Y E A R
™
N e t p re m iu m s received d u rin g th e y e a r ---- -------------------------- 3
45,976.16
Losses paid d u ria g th e y e a r —
-----—------— ...™—
l» .« '
Losses in c u rre d d u rin g th e y e a r.—
,r'
U N I T E D S T A T E S B R A N C H . B U N IN S U R A N C E O F F IC E
S ta tu to iy re s id e n t a tto rn e y fo r service:
P. T. Kelsey, Manag*
________ E. R. T h o m p s on, W ile ox B u fld ln g , Portland, Oregon.
T o ta l lia b ilitie s , exclusive o f c a p ita l stock o f . ,
J16 ,666,385.37
B U S IN E S S IN O R E G O N F O R T H E Y E A R
88-.370.67
N e t p re m iu m s received d u rin g th e y e a r ......................... ......... 3
49,802.!» ■
t o assea paid d u rin g th e y e a r--------
45.241.01
VI d
vatss
u rin g the y e a r .... .................................. - -
Losses In cu rred
N A T IO N A L F I R E IN S . O F H A R T F O R D
H . A . S m ith . P re sid e n t
S. T . M a x w e ll, S ec re ta ry
S ta tu to ry re s id e n t a tto rn e y fo r service:
E. R. Th om pson, W ilc o x B ldg .. P o rtla n d . Oregon.
3.656.262.0"
800.00
1»
228.111
ais.svs.».
T o ta l
___ 312,167,672.«
ToTtal expenditures
A SSETS
V a lu e o f real es ta te ow ned (m a r k e t v a lu e )....... ................. 1 623.700.(h
16.300,023.98
V a lu e o f s to rks and bonds ow ned (m a r k e t v a lu e )............
L iai» t 50.Oo
Lo an s on m ortgages and c o lla te ra l, e tc -----------------------------
3.057,71 1.2»
Cash In banks and on h a n d ---------------- .....—.......................... .
2.93
1.35:». 17
P re m iu m s In course of col. w r itte n since S ept. 30, 1919....
218.517.19
In te r e s t an d te n ts due and a c cru ed ...................... ...................
O <
ron h l Tlic 1)61169 of ‘niehtu'd F alth an k s,
"for letters which are brought front
beyond the seas, or are to he sent
Brave Act of Kaplolanl, Daughter of thither."
Chief, R esulted in Establishing
In 1657 the Virginia assem bly pro
C hristianity There.
vlded for the “rapid tran sm ission ” of
official com m unications from planta
No longer <1o the fire lak es In the tion to plantation on penalty of one
great crater o f Kilauea carry terror to hogshead o f tobacco for each default.
the soul o f H aw aii as a mexs-uge from
Four years after the establishm ent
the dreaded Are g«wl, P ele. It 1« t’en* of the New Fork-Boston m onthly mall,
tury sin ce Kaplolanl, dnughtcr of K« a- the colonial court of M assachusetts
w lm anhlli, high ch ief of the district o f founded an official p«»stofflee In Boston,
Hilo, and w ife o f Noth«, high chief of with John Heyward as postm aster.
Kona, and the national orutor, defied
T he first parliam entary act for the
the fire goddess, and turned her peo estahllshlnent o f a ¡sislal syste^n In
ple from the Idolatry. Prior to that the English-Am erican colon ies was
tim e the superstition ran that w hen passed In 1002, and a royal patent
ever P ele stam ped her foot on the bot w as granted T hom as Neale, who was
tom Of the volcano Manna Loa, her authorized to transport “letters nt such
"H ouse o f E verlasting F ire,” there rates" as the planters should agree to
were earthquakes. If she becam e an give. N eale began operations In Vir
gered with hapless lovers, or any who ginia. and the oilier colon ies soon
failed to w orship her, sh e was credited
Joined In the movem ent, although the
with poring out torrents of lava and
system w as very Imperfect.
liquid flame. All who went near the
crater w ere expected to do so with hu
W hale's Breathlnq Apparatus.
m ility and sacrifice, and high priests
An emlimnt naturalist says concern
o f the goddess kept the people In awe.
People gave their dead to the volcano, ing the breathing apparatus of the
hoping they would becam e ghost gods w hale: "The w indpipe does not com
to aid them. Then K aplolanl, In 1820, m unicate with tli«' m outh; a hole Is,
after three years teaching at the feet ns It Were. h«»red right through the
of m issionaries, nccepte«! C hristianity, back of the h«»ad. Engtn«vrs would
1 did what Is recorded as one o f do well to Copy the n« tlon o f the valve
the greatest acts o f moral courage ever o f Ihe w h ale’s hh»w-hole; a nt«»re per
performed. She visited the volcano fect piece of structure It Is Im possible
against the Hdvlce o f her husband and to Imagine. Day and night, asleep or
friends, and hurled ston es Into the pit. awake, the w hale works Its breathing
and Hte of the en ch an ted berries near apparatus In such a manner that not
It. She defied the goddeoo. B efore go a drop of w ater ever g«*ts down into
ing up she left a m essage, saying that the lungs. Again, the w hale m ust o f
If she didn’t return, her people should n ecessity stay a much loriger period
continue to? worship P ele, hut If she under w ater than aeala; thia alone
did they should accept the new teach might possibly drown It, Inasmuch aa
ings. Her return sa fely banished the the lungs cannot have access to fresh
hold of Idolatry In Hawaii.
air. We find thnt this difficulty has
been anticipated and obviated by a pe
FIRST POST SERVICE CRUDE culiar reservoir In the venous system ,
which reservoir Is situate«) at the back
That Between New York and Boston, o f the lungs."
CAPITAL
A m o u n t o f c a p ita l stock paid
3 1,971,783.89
3
fir s t day of D ecem b er. 1919, m ade to th e In s u ra n c e Commission« r
th e h ta te Of O rego n, p u rs u a n t to la w :
•
A m o u n t of c a p ita l stock paid up. ..........
.......................—..... 3 2,000,000.00
IN C O M E
N e t p re m iu m s received d u rin g th e y e a r .................................. 315.147.347.05
In te r e s t, d ividend» and re n ts received d u rin g th e year....
81.»,6.16.3.1
In c o m e fro m o th e r sources received d u rin g the y e a r .......
7.204.53
-S Y N O P S IS O F T H E A N N U A L S T A T E M E N T O F T H E
< A llia n c e
1,448.974.2"
9.037,123.20
29,119.00
90),910.00
..« 103,416.02
N e t p re m iu m s receive«! d u rin g th e year.
40.744.10
L a s t's paid d u rin g th e year.™ —
___________
_____
_
-
24.108.81
L umscm in c u r re d d u rin g th e y e a r
C O M M E R C IA L U N IO N A S S U R A N C E C O ., L T D .
S ta tu to ry re s id e n t a tto rn e y fo r s e rvice:
A . H. Wray, U. 8. M g r,
___
o f N ew Y o rk , in th e S ta te of N ew Y o rk , on th e t h ir t y - f ir s t d a y o f D e
cem b er, 1919. m ade to the In s u ra n c e C om m issio ner of the S ta te o f
Oregon,’ p u rs u a n t to la w :
CAp ,y A L
H43S4321.70
I
0.90
I1MS1JE1.70
Gross c la im s fo r losses un p a id ........ ................... .......... —
A m o u n t of u n earn e d p re m iu m s on a ll o u ts ta n d in g r is k * . _
D u e fo r com m ission and b ro k erag e .— .— — —
...... — ™—
A li o th e r l i a b i l i t i e s -----------— —~ ™ -.... ............... —
T o ta l
S Y N O P S IS O F T H E A N N U A L S T A T E M E N T O F T H E
w h e r e .”
T w o hours later, when the dishes
w ere done, N annie w as curled up In a
corner o f a hamm ock on the porch,
and David sat on the top step, sm ok
ing his pipe .and w eaving sm oke
dream s, as every m an does once In a
w hile, even If he is 31 the n ext day.
P resen tly David sut up w ith a Jerk
“Say, N annie.” he w hispered, ex
cited ly , “th ey’re com ing over h ere!
Sure enough, their neighbors w ere
com ing through the gate und up the
path, and the girl spoke, a little shyly.
“You’ll forgive us, I know, for com
ing in on you like th is, hut— but I
happened to overhear you say you
hadn’t any sugar, und I’ve got plenty
o f It, so 1 thought perhaps you
w ouldn’t mind If I brought you over
som e.”
N annie Jumped out o f the hamm ock.
“Why, how perfectly dear of you,”
sh e said, cordially.
“T h a t’s lovely.
Do com e up and sit on the porch It ■
such a lovely evening."
“You see," w ent on the girl next
door, “If It’s y o u r husband's birthday
tom orrow ------ "
Both N annie and David burst Into
n peal of laughter. “But h e’s not my
husband, ” cried N annie m errily. “H e’s
my brother—D avid Maynard. W ere
not married nt a ll— but you are, aren t
you ?”
“G racious, n o !” It w as the other
girl s turn to luugh now. “T h is Is
Bobby W ayne, and I’m h is adopted
sister. My nam e’s Dora. And th a t’s
B obby’s m other In the house."
It dldu't tak e very long for any of
the four to l»ecoine real neighbors.
N annie, with her love o f nursing, ap
pointed h erself caretak er o f the In-
valid, and David sp en t hours reading
poetry to Dora's a tten tiv e ears. T he
sum m er sped by alm ost before they
knew It. and finally one night. In Sep
teinber, when the even in gs w ere cool,
Bo .by took bis courage in both hands
and asked the question he had been
bn ging to ask for w eeks. N annie w as
not surprised — oh, n o — but even
though her second sen se had told her
It wus coming she pretended It w as
e ll i. com plete surprise to her.
non 00
’
in c o m e
i4 tM iil.fl
N
in i» received
d u n rin
In e te t re p s re
t, n ih
d ividend»
and re
t» g th e y e a r.—
^ 1 « -----
® -------
th e ’ yci 'tl7
• - ’79,> J 72 g’ l t i r i
In com e fro m o th e r source» received d u rin g th e y e a r ------
_S 5,043,073.38
V a lu e o f re a l es ta te
V a lu e of stocks and
L o an s on m o rtgages
Cash in b a n ks and
P re m iu m s in course
SYNOPSIS OF THE ANNUAL STATEMENT OF T H I
C O M M E R C I A L U N I O N A S S U R A N C E C O ., L T D . .
of London, lq England, on tba thirty-first day of D ecem b er.,1319.
m ade to the Insurance Commissioner of the State of Oregon, p u rsuan t
R H O D E IS L A N D IN S U R A N C E C O
o f M a n r lie « t« r In
S ta te o f N e w H a m p s h ire , on th e t h lr t y - f ir » t d *X
of D eca m b er. 1919. m ade to the In .u r a n c e C onunlaaloner o f th e S ta te
Total expenditure»
/ Vv*- _ _
— „
tfc,. t»JS. by McC'Iurs N«w«p»p«r Syndicate.)
S Y N O P S IS O F T H E A N N U A L S T A T E M E N T O F T H E
NO PSI S OF THE ANNUAL STATEMENT OF THE
N e w H a m p s h ir e F ir e I n s u r a n c e C o .
All o t h e r l i a b i l i t i e s ......................................................................... ........ 73.4»».w
T o ta l lia b ilitie s , exc. of cap. stock of 35OO.OOO.OO .... 3 1,8«.a,26O.J^
B U S IN E S S IN O R E G O N F O R T H E Y E A R
N e t p re m iu m s received d u rin g th e y e a r ....... ............................ 3
W.o»» w
Ix»fs< .» paid d u rin g th e y e a r ---------------------------------------------------
¿7« is
Ix)ae»e m eu rre d d u rin g th e y e a r.... — -- ----------------------------------
lw .eix.*»
T H E C O M M O N W E A L T H IN S U R A N C E CO. O F N E W Y O R K
C. F. Shallcrcss. P re s id e n t
R~ P B a rb o u r. S e c re ta ry
S ta tu to ry re s .d e n t a tto rn e y fo r service:
H . E . S m ith , P o rtla n d , Oregon.
ENDED IDOLATRY IN HAWAII
However, W as the Beginning
of Great System.
•
The first regular postal service he
tw een two American c llles was estnte
llshed D edluiher 10, 1072, when the
government of New York Inaugurate«)
a regular monthly |s»st to Boston. •
Rome "thlrtyt'hree years before that
a poet office had been opened In Bos-
Atrocious, Indeed.
One of the most fam ous— ns well as
one o f the w orst—puns of history w as
perpetrated by King Jam es I of Eng
land. when Sir W alter R aleigh, whom
for political reafons he disliked, w as
presented to him. Raid th e king, fix
ing Raleigh with his cold-enough eye,
“R awly I Rawly p T rue enough, for I
think of thee very Rawly, moo I”
W E C A N D E L IV E R
a
“ 490” o r “ B a b y G ra n d ”
CHEVROLET
A N Y T IM E
DELCO-LIGHT j
Increases Farm Efficiency J
Fifty thousand Delco-Light plants in opera
tion on AnMifcan farm» are saving at the
m ost conasm ttive estimate, an hour a day
each— or over-18,000,000 work hours a year
I
ROADS ARE BETTER EACH DAY
TTUrf is e q u a l to a n a r m y o f 6 0 ,0 0 0 m en
W orking ten h o u rt a d a y fo r a fu ll m onth.
*
Delco-Light is a complete electric light
and power plant for farms and suburban
homes.
It furnishes an abundance of clean, safe,
economical light, and operates pump,
churn, cream separator, washing machine
and other appliances.
M ORROW
It is also lighting rural »tores, garages,
churches, schools, army cam |» an d rail
way stations.
W A SC O ,
HULCRY BROS.
M o ro
-
- .
TS«
M«, Okk*
BosiMMtn« CMn»enT, Par«««,
O re g o n
\S
O A ’ L I T T L E M IS S IO N A R Y W O R K IN Y O U R
id le d a y « .b y t e llin g y » u r n e ig h b o r» o f th e good
D
(■ualitiee o f T h e O b se rve r.
I f y o u c a n ’t get t h e ir eub-
w r ip lio n e , eend _us th e ir addreeHes and we w ill send
th e m «am ple copiee. W e , p a y fo r «»I ..» b o ltin g V»«« 1«
iu th e In la u d E m p ire .
OREGON
Sherman County Agents for Chevrolet Automobiles
O v e r 5 0 0 0 0 DELCO-LIGHT P la n ts in Actual Uso
S u b scrib e fo r T h e O b server.
BRO S.
Best W e k lv p u b lis h e d
E v e ry o n e leads it.
A
“W ANT” ad in T he M oro
I
O bserver will reach more
people in Sherman County than
- > by' any other - medium available.
Oood Stationary, nicely printed la one of the first
requirment» of a Rood buaine»». We can supply
you.