Sherman County observer., April 05, 1929, Image 2

r
-
Th« Shernton County Observer, Moro, Oregon, Friday April, 8, 1920.
* 0 . B4
. » .K
« rh A ba la af iho A aàaal 8 t*M B * k t of 4k«
Î C u d s u u . B to o k < r f
Ä
Casapaay a f Toronto, Ostarla, ta
oa tke tk irty -
Case
tk« D e n ia l« « « Canada,
kev. 1828. mads ta tke
firet day « f Daoem sbar,
inaurane«
Coatwtoatoo*« •» Ike State of
l’
nan
Oregon.
„ ■ 8 © 'stack paid np Bta-
s . S
r i ^ § s - T " ,‘ I “ ~ “
pinne^t^y:
s“
,
B&rfeSttr^eiKkf• £
,.
.,
i& C i'xS iH *»
of nil atkar • xP«?4 i* ; T* , PU 7
. ? “ „ ? *•
” •
*
& & > %
T ,t* l
«»peadiUre« ------ ,8 ,5 2 8 .-* 8 8*
jm fiP T s
▼alae of real aetata owned (market ral
^ a L e ’ iT a to ck a and ¿ «¡4a • ? ? • * ( “ “ r
i t u l Pace
Lino« 4 i2 4 .e - i7
6 --------
■** T
raiae;
^»«o 4.
• . .............4
.J 7 5 .0 0
t ^ . . . OB mortgagee and collateral, etc,
O u T la b a n b
and on ^and
Pag
4
- • « .t a
dymoptis of Ike Annual f
iy t e p s i. a f .U a ^ A » « a l S U W h e n t^ f U .
British A Foreign Ma Hue
Bankers L ife Company
of Nuur York, in the s U at«
U * Mew York
« » .-i« »
in the 8tate of Iawa, on the th irty -flrrt
ef Doceru oa the th irty first day of December, 193 L
■gland
on
the
tk
irty-
day of Deoombm, 1038. made to th« In ­ ber. 1928Í made to th« Insurance Commis­ made to the Insuraa«« Couiml««l6M» W
s u r e n ee ( ommisatonor of the 8tat« ol
Irago^. p u n a a n i th« State of Or^ p TT’^ ,r* u* a* * * b W ‘
sioner of the Stata kf Oi
Orogoa. paranant to law :
ta law:
XIAPRAL
Amount ef capital stock paid «B*
CJAPITAL
Amount of .«6»Kal > «xk paid up. nens
Amount af espilai stock paid up. 8200,000,00.
INCOME
Total premium income for the year.
330,988.230^58. .
.
.
.
. .
IntereH, dividends end rents received
during tka year, 05,208,088.61.
Total premium income far tbs year, L.
Income from other sources received dur­
286.118.98.
,
. . ing the year, f|,8 4 1 ,9 4 5 .4 1 .
dividhsnds and rents received
Total income, 087.538,215.55.
yoar. L. 35, 91,906,206.98.
D IS B U R S E M E N T S
from other sources received
P sid for losses, endowments, annuities
during Ike year, L. 21A, 22A, 38, 40, 48, sad surrender values, 813.512,996.90.
*4, 32.625,098.41.
Dividends paid to policyholders during
Total income. 814,769,679.84.
the year, 08,510,200.81.
disbursem ents
Dividends paid an capital stock daring
the year, none.
.
Commissioaa and salaries paid during
tka year, 34.858,956.85.
Taxes, licenses and fees paid during
year. 3771,734.04.
Dividend« paid on capital stock during the Amount
of nil other sxpenditurvs, <1,-
the year. L. 19, none.
844.150.78.
C«»miaaiona and salaries paid during
Total expenditures. 823,498,029.38.
the Thar. L. 20, 21, 23. 23. 24. 35, 36,
ASSETS
31,720,718.60.
. .
Veins ef real estate owned (market
Taxes, licenses and fees paid -raring value), 38,157,033.10.
, ,
the year L. 82. 33. 34. 85, 88. 8337.687.50
Value of stocks and bonds owned (mai
Amount of all other expenditures. L. ket or amortised value), 318,787,566.81.
16, 17, 18. 2" -8 29 80, 43, 4«, 46A,
Loans on mortgages and collateral, ete.,
47, 48’ 3599.CS2.07.
872,894,520.8«.
Total expenditures 88.030.565.69.
Premium notes and policy loans, 815,-
A88ETS
,
joa
Value of real estate owned (market 308,018.01.
Cask in banks and on band, 31,488,
value). L. 1, none.
381A1.
Value o.' stocks and bonds owned (mar­
Net uncontrolled and deferred prem
ket or a . art’.led value), L. 6, >31,900,- turns. 34,728,905.06.
879.85.
Interest and rents due and accrued,
3200.000.00.
Met nreminm* received during the year.
IN C O M E
Net premiums received during the year.
3583,780.88.
Interest,
during tba
Income
during the
•
^ii'Ure«4 dividend«
DISBURSEMENTS
_ _
Net losses paid daring the year includ­
ing adjuxtmont expenses, 8288,523.60.
Dividends paid on capital stock during
the yoar, none.
Commissions and salaries paid daring
the yoar, 3185,803.81.
. . .
Taxes, licenses sn<* fees paid during
the year, 335,473.87.
Amount of all other expenditures, 891,
other
$ 4 .0 0 0 .0 0 ,
Premiums In course of collection Wrii>
tea slae« Sept. 30. 1928, 3226,8l8.w4.
R e le v a n c e recoverable on pt»d losses,
interest and rente daa and accrued,
TotaVadmitted assets, 33,088,144.53.
lia bilities
Gross ejsima for losses unpaid, 3498,-
713.00.
Asneunt
31,
’ t - •
S ta tu to ry
r e s id e n t., a tto r n e y
fo r
se rvice— in s u ra n c e C om m toaioner. S a -
Oregon.
VI oro
ad in T he M
O bserver will reach more
pcopi l e in S h e rm a n C o u n ty th a n
by any o th e r m ed iu m av ailab le.
AND KEEP INFORMED
the ""*'"
NEWS AND DEVELOPMENT OF THE COUNTY
'" 'o r
A A
4k
.A c -tao-
*
The House of Good Will
131451.790.73
. 2 4
O w ned by the City of M oro
O p erated fo r th e Benefit of the T rav elin g P ublic
and Sherm an C ounty C om m unity
1J08.008.08
13.08L795.83
1.587.17703
Amount of all other expen­
dí turca ....................
Total expenditures ..
1458.118.78
»40.43847830
ASSETS
_____ 1 « to t« owu~.
iaaa.BTr.34
Under the Personal Management of
E. E. LARIMORE
Formerly of The Hotel Oregon, Portland
re fUs V D<J 5L52244742
Loans on mortgage« and
C O T ? r ‘- h e.^ n d ¿n h itid
_ inms in course of col-
U 432M
3.52148800
’ UîflSS
accrued
du. « .a
*50.071 «
...............................____
SPECIAL CHICKEN DINNER SUNDAYS 75c
Total admitted asseto ...887.872.813»
liabilities
claims for losses un-
. .819.691.886 *3
„
nil
A
W ANT”
3856.735.23
à ' ‘¿n èânitni
■ sa.
DINING ROOM OPEN USUAL MEAL HOURS
17.934.384.71
Due for’ ‘ ¿¿mi missi on
A Í rX r“ ñabiutie.
sind
lîîiliîîî
« f j a s f l  ' S ’î ï ™ .
How Long
Oreson. pursuant
* K ? i ‘ UP of
CAPITAL
capital steck J 18.606.000 00
Would It Take?
dur-
pet premiums receive--------
3,835453.45
Income from other sources
received during the rear. 5476.898 I I
.619,030,524.1$
Totw tnooms
Met
y«M,
for an investigating committee to swing into action if an
executive department of the Government should include
in its budget a section like the following:
6 «.716.687 61
g.799.646 50
a and salariea
during tb« year . . . 2,494.882 19
license»
fees
T v ¡ a Suring lbs and
329.358 00
year
Amount of all other ex-
040.974 90
penditarea . ■
«TJ51
M0. 60
~ NO. 83
Synoprig of th« Annual Statement at the
Synopsis of Annual Statement of the
NO. 61
, .
* 0 92
.
Synopsis of A ssual Stetem est of the Albany Insurance Company at Albany in Synopsis of the Annual Statement of The Detroit Fire
Mar‘"e J .“ h l « « ’ oa
- **-
the Synopsis » f t M J » w u ll JHataaeent at the
New York Indemnity Company of NSW ths State of New York, on the thirty- New Jsracy Fidelity A P iste Gla«a Inanr- troit, in the Stata of Mtohlgan.
York City, in the State of New kork. firs« day »f Itoeewlmr. 1928 made to ance company, of- Newark, In the state thirty-first day of December 1928 m .de Queensland Inauiunce Cempany, Ltd., ef
tba
Inaurane«
Commie»ioner
*^f
th«
the
Insurance
Cosim
isvoncr
of
the
State
on ths thirty-first day of December. 19.H
of New Jersey, on the thirty-fir»» ¿ay of
60 Beaver Street.
J*«
J*
nrsuant to tow:
State of
made to the Iaturanee Commissioner o! of Oregon, pursuant to law :
December.
132«.
made
to
ths
Insurance
State ef New Y ark an tha thirty, « re t day
CAPITAL
the State of Oregon, pursuant to law.
Commissioner of the State of Oregon, pur­
of December, 1020. made to the Inanr-
Amount
of
capital
stock
paid
up
$250.-
j
Amount
of
capital
»lock
paid
up,
CAFTTAL
ance Commissioner ef the Stale of Ora-
| suant to law: CAPITAL
ooo.ooo.oo.
in c o M E
Amount of cap.tai stock paid up. »1.- 000.00.
INCOME
|
r ...
Amovnt
of
cap.
ta i
«tock
paid
np.
000,009.00,
Net premium« received during the year,
Net prentluma received during the
INCOME
Amount af capital atocn deposit, >400.-
$800,000,00.
31 695 082.10.
. .
Not premiums received during the yesr. year 17). $705,037.26.
INCOME
Interest, dividend« and rent« received 000.00.
ln tereit, dividomls snd rent« received
>7,831,748.15.
Net
premium«
received
during
tbs
year,
INCOME
during th« year, 204.867.18.
Interest, dividends and rents received during the year ( 2 7 ), $97.330.58.
Net premiums received during the year,
Income from ether souree* received $*.303.828.47.
Income iron« other source« received
during the year, >820,614.54.'
Interest,
dividends
and
rents
received
Interee£° dividends and rente received
during tha y6ar,
Income from other sources received during the yesr (36) $3.393,75,
during the year. 0 280,184 61.
Total income, (3 7 ). $810.761.50,
Total income, >1,900.644 05.
during the year, >570.490 50.
Income from other rourrea received
during the year. 005,000.80.
___
DISBURSEMENTS
,
,
DISBURPEMENTS
Total income. >8.287,053.20.
Income from
. •®*r_c** reeolved
Not loaa«o paid during the
,nc’ud
Net losse* paid during the yesr tnelnd during th« gear, $24.495.32.
disbursem ents
Total incorn«. >3,008.008.40.
during
tha
7«nr,
•
¿
f
o
’
/o
a
a
l’
ing
adjustment
expem
es
(13
15),
$332,-
ing
adjustment
expense«.
>773,201-®3-
Kot losses paid during <>»•/?•* ‘j ' 1® !
DISBURSEMRNTR
T .I .!
Dividend« paid on capital atock during
155 55.
log adjustment expenses. 84.899,769.3-
Net loaae« pa'd during the year *a- the year. 3UO.OOO 00.
'91
Dividend* ptid nn fap'tal Block durinj
Dividends paid oa espital stock during
laclud-
■lud’ng adjustment svpen«ea, 81.073,-
Net losses F *ld during the ear 'i*?’*
Commiaaiona
a>*
»atone» paid during
the
yesr
(3
5
)
$57.500
00.
the yoar, none.
ing
a4jnatmant
expenses, $395,535.00.
250.95
„
.
Commission» and satoriex p*:d during
the
year,
3302,395,10,
a«.*««
Commitaione and salari«» paid during
Dto.denJ« ns Id cn capital »tock during
Taxes, li««n«e« and f««» Pa,0 durvng ■-p ieid am d a paid p« repltol atock during
the year 10 17 ’ 8s 191. $233.316 11.
th« year. $1.414.199 50.
Taxes license« snd foes paid during the year, $52,C00 00.
the year. 85,215.45.
th oZmmldKms and salaries paid during
Taxes license* and fees pa d during the
Com
minioni
and
««lane«
paid
during
Amount of all other expenditure»,
the yesr (24 2 5 ). $20.733 .62.
yoar. 1189,068 21.
the year. $1.055 202.31.
tha ysarj ijte » ® 2®-2 *« .
Amount
of
all
ether
expenditures
(18b-
Amount of all other expenditures. >1,-
^Total expenditure». >1,673.998.05.
license» and fee» paid during
Taxes, M 8M99 0 sad fee« P*ld during
e-?0 21 22 23-26 27-28 - 2 9 . 3 8 - 39, $73,- the Taxes,
159,000.58.
year (items 37 to 4 3 ), »67.227.51
• y tir, J34.087.10.
assets
299 54.
Ataouafc^irf all ether « p a a d lta ra ^
Total expenditure*. $7.712,037.61.
Amount
of
all
other
expenditure»
(32-
Total expend trr-» 9717.009.8-.
Value of real eitato owned ( market
ASSET8
33 I t 44 45 40 47 55 5«, $120.847.85.
ASSETS
valne). >422.39».48.
Value of real estate owned (market
* 1 TotoV expendl tnree^ ^3704.124.11.
Total
expenditure«.
$2.907,537.62.
Reinsurance epe on Paid Losses and
Value of stock» and bond« owned (mar­
valne). $83 000.00.
ASSETS
valne), >1,178,476.50
•
Value of stocks and bonds owned (mar­ Deposit Philadelphia Uoderwriters Asto
Value of real estate owned (market ket Loans
Vnlna of re«U aatate owned (markeS
on mortgages and collateral, et«.,
elation.
$11,742
87,
ks* v ein s), $5,562.908.00.
$6,457.74.
Value of stock* «nd band» owned mar ve.lne),
V riu e’ aFatoeks and bonds owned (mam
32.469,253.18.
_
Loans on mortgages snd collateral, etc.,
Valne
of
stock«
and
bonds
owned
(mar­
Cash in bank* and on band, 01a<«
ket value). ( 4 2 6 ) . $1,720,224.50.
0700.000.00.
ket value), »i.i00.»«O -<»-
_
yal«*’ - $3.983.919.00
Ixiam on mortvsge» and collateral. 9t<- ket Ixim
Cask Is hacks and on hand, $359,-
i on mortgage» and collateral, etc., 5° Premium» in course of collection writ­
Loans « • mortgages and collateral, eta .
(2-3) >291,275.00.
243.56.
,
. ■ ..
___
aince Sept. 80, 1928, 3273.168.16. *
Cash in banks and ou hand, (5 7), $1.013,150.00.
Premiums in eouras of coTtoctioa wriV
Cash la hanhs and on hand, gl7.057.00.
Cash in bank* and on band $380.143 40 ten Interest
end rents due and accrued,
Un since Kept. 40. 192*. $ 1.505.1 <5.!9. $75.305 55.
Premium« In eonr«e of enlleetion wrl(
Other asset*.
Premiums
In
course
of
collection
writ­
Interest and rents due snd accrued,
Premiums In eouree o f
J ’ 1* ’
^
T
o
tr
i
admitted
aseete,
34,520,105.54.
ten
»Ince
Sept.
80.
192«.
8633.290.00.
ten since Sept. 30, 1928 (8 ) $135.111.12.
ten sine* SapA 50, 1028. glO8.05T ^ U
080,717.76.
Interest «nd rent« du« and accru«c.
Interest snd rents due and accrued
LIABILITIES
Other saeeto, $387.051.16.
♦ 83.517.18.
t
Interdat *ft£ r « * * *M
(2 4 ). $21.141.65.
Gross atolma for losses uapaid, 3109.-
Total admitted assets. 38,507,665.45.
Deposit» on bond» pureh»*o0, 0660 OO.
Total admitted «»set». 82,263,800 r 9.
LIABILITIES
996 86.
,
,
Total admitted »«vet*. $6,950,145 88.
LIABIIJTIES
Amount
of
unearned
preminms
on
«11
Gres« claims for tosses nspsid. >8,-
LIABILITIES
Gres« claims for losses unpaid (1 4 ),
outstanding rlaks, 01,807,689.89.
141 648 49
Gross elaim* fa * toa*«» unpaid, 073^
Are«» elaim« for lo»«e» unpaid,
Deo for eommisston and brokerage,
Amount of unearned preasimss on «11 >w«.oow.an.
$94.659.6«.
,
„ 048.943.86.
610 55
g. *
,
am
remium« on al!
Amount of unearned premi
«■«standing risks. >3.045.809.20
$0.500.00.
Amonn»
*
*•
all
Amount
of
unearre*
nreminm»
on
,
All other llabillttoa. >08,500.00.
Due for commission and brokerage, •ntatsnding ytojt* (1 8 ), 8776,< 633 68.
outstanding riaka, P587,d0BjBv . ___
out-tanding rl«k». 91.739.259 54.
brokerage
'2
7
)
!>-•
for
row-ei
Kvion
and
broli
Total
liabilities,
exclusive
of
capital
3806,488.78.
--------'m ien and h rek arw A
Due for coram i»«ion andr brokerage, stock of >1.000.000— >2.104.688.70.
Due -
41b.347.90.
All oth«v BsbiUti««. 0793.741.04.
2 D 20.
nane.
• .
BUSINESS IN OREGON
All «tkar liabilities (13 73 26) $88.- ' *163
Total UahiUttoa.
«xrint.vs of ««nitol
ItohiUt
AH other llabllitie»
(»4 31 32 46).
All oiAfT KaklltotoW
FOR THE YEAR
• f 01,000.1
01,000,000 00 and surplus, 80T».- 001.10.
.
, ,
Tatal
Total Msbilities, saclutive of cspitsl $568.233.20.
Net preminms received during the yegr
Tot«l HabiHttoa. «xe’n t’ve of eapttal
.1
stock
OREGON
stock • f $250.000 00 (3 8 ) — $919 902.32. »lock of 6800.000.00—>4.519.052.60.
$2.071.32.
_ .
..
Ixissea paid during the year. 0050.84.
BU B IN rSS IN OREGON
FOR T H E Y E A R '
BUSINESS
IN
OREGON
leases
incurred
during
the
year,
01,
PGR THE YEAR
N e t p rem iu m s received d u rin g th«k
FOR THE TEAR
Met premiums received daring the yesr,
y e a r. $28.305 01.
Net «»reTiiura» received during the year ,4 Nsme of company— Detroit Fire * Ma
$4,426.28.
l» w w s p a id d u rin g th e ye ar. >20.
Loss*« paid during the year, > 445.8). ' ‘».098.60.
In»., Co.,
...
.72 42
Ixtvsei paid during th? year >13,100 93 rinn
Losses Incurred during ths year,
Name of president— E. H . Butler died
Losses In cu rre d d u rin g th e y e a r.
Txvsgf» Ineurred during the year, >13,
200.89.
,»-•
__ - I«.«-. »___*
0048.61.
Dee.
39,
192$.
.
„
„
<27.476 98
.
.
,
Mams ef eom piny— Albany Insurance IOO t M.
Name pf v.ca president— A. H. MeDen
N a m e of co m p an y— N e w Y o r k In -’
N -m - n* eomoany— N'-w Jersey FL.e
el<Nnase of secretary—Charlea A: Reekie.
,»
c -’ - ' re«’»’"• res Company,
d o m n lty C om pany.
t. M srtS
.'••me of p-r
— ° C Hn«g!»nd.
Nsune o f p re s id e n t—B peneer W e i
■ 'I'ngford.
Statutory resident attorney for »«rviee
Nam« of Secretary— W. D. Ward.
to n.
• i* -? o r-c .
'-.r rer
Harrr W. Randall. P o rtlan d
Nam e
of
s e c re ta ry — H e r b e r t
tuukioavr. Salem. Or.
H e w itt.
READ THE
—
SHERM AN COUNTY OBSERVER
Hotel Moro
......... 647 A31.833.44
J**year lnclu
S"
>2.-
s ï 7 i »"; îs ?
Total income
d :
..
of unearned premiums on
ontsUnding risks,
Loan, c.'v . •c’ tgage and collateral, etc.,
pretnlama In coarse of collection written
All
ether
liabilities, 368,812.00.
L. 3. 8. 8 4 , 7 9 4 7 . 5 9 .,
• -
6 » u 60, 1 .2 » . h e
'total liahilitiss, sxeluslva of capital
Premium n o..« s'id policy loans, L. 4,
stock
ef
$200,000.00—
0828,981.38.
I atorasi and rants due and accrued, Pg. 38.942.601.98.
BUSINESS IK OREGON - v
Cash in bauLa a c l on band, L. 9,
4 L u . 24 _____ - __ _______ >123,100.83.
FOR
THE
YEAR
82.372.98.
Aooounto payable Pago K
Net e r i ’niums received during the yen*
Ket uncollected and deferred preminms
Total admitted asset« ....$13,69 ’,919.00 L. 29. S3, 31.890,924 89.
Losses paid during the year, >14,617.46.
Interest and rents duo and accrued
L IA B IL IT IIS
Losses incurred during the year, 014,-
Gross claims far losses unpaid
5 j L. 21, 3492,585.19.
047.88.
„
„ , , v
.Other assets (net) L. 24. 43. none.
Line« Id A 15 ------ ------- ;-----• * ? , , V L n .2
j^ireiga
Name <LB«ompany— British *
Total admitted assets, 843,025,812 39.
amount of unearned premium» on all_ouV
Marine W sSenee Co., Ltd
LIABILITIES
stfi"4*ag risks Pg. 5, L. 18 $6,129,855 96
Name of president— G. B. Heyworth.
Net reserve«. L. 7. 8. 9. 237.127,919.00.
Daa 1kr oommissioa “nd<brI° ‘t*, * <i 7 4t . '
Name of secretary— Frank Lloyd
Gross claims for losses unpaid, L. 20,
Statntery resident attorney for ssrvics
* - L » t S « *••<>• 3875,597.12.
—J ). W. L. MscCrcgor.
All other liabilities. L. 10, 21, 22, 28,
24. 29, 30, 34, 35, 86, 87, 89, $3,673.-
bu sin ess in orfoon for tub
456 11.
TEAR
Total liabilities, exclusive of capital
Mat premium» received dorinl g ^ T ^ , 4
stock of >250.000.00— 241,176.972.23.
BUSINESS IN OREGON
Lawses psid daring the year ....¿20, 287.47
FOR THE YEAR
Loises in«orred during the y , , J g ^ g g '24
Grosg premiums received during the
jear, 394.759.07.
Kerne of Company— General Exchange In
Premiums and dividends returned dur
surance Corporation.
ing the yoar, 89,226.77.
Kam« of Pre «»dent— Livingston I Short.
Losses psid during the year, 38,000.00.
Ksine of Secretary— George H Bart ho le
Name of company— Canada Lifs Aasur
sues Company.
Statutory resident attorney for aerei’
Name or president— Leighton McCarthy.
H. Máier. 130 Sixth St., Portland, Oregon.
Nemo of aecretary—Charles R. Acres.
Statutory resident attorney for service
— Insurance Commissioner of State of
Oregon.
« 0 . 59
No. 13
. -n
Synopsis of the Annual Statement of the
Synopaia of the Annual Statement of The
Hartford Steam Boiler Inspection and ln-
Coat+nental Casualty Company of Ham
43
.
aursnae company of Hartford, Conn., in
m ild , in the State of Indiana on the
o p sto of the Annual Statement of The
the Stale of Connecticut, on the thirty
thirty-first day of Deeemb«r. 1928. made
Aee'ient ’ nenranee Company of
»
s
New YorU on
first day of December, 1923, made to the
to the Insuranos Q>mmlsaoncy of tl'e Zew’ v ^ Vn U . St»’*
NO. 8
, .
NO. 31
Inanranoe Commissioner of the State o. Synops.e of the Annual Statement of the Synopaia of the Annual Statement of the State of Oregon, pursuant to l>Vi —
the thirty first day of December, 1«. «
Oregon, pursuant to law;
capital
made tp ths Insurance Commissioner of
Great Western Insurance Company of Virginia Fire and Marine Inanranc« Com­
CAPITAL
Amount of capital stock psid up. 3$. th e State of Oregon, pursuant to law
Dee Moines, in the 8tate of low s, on the pany of Richmond, in the State of Vir­
Amount a f capital stock paid up, P. thirty-first day of I>oeewber, 1928, made ginia, on the tbirty flrat day of Decem 000,000.00.
CAHIT Ala
INCOME
Amount of espital stock paid up. >>.«
2, la <7. 23,000,000.00.
to the Insurance Commissioner of the ber 1928, mad« to tb« Insurance Corn
JKOOME
*
•
State
of
Oregon,
pur-
Net
premiums
received
during
the
year,
miasioner of the
State of Oregon, pursuert to law:
50900000
INCOME
Net premiums received during the year.
$15.389,629.76,
„
. .
CAPITAL
suant to lawY
P 1, L. 20, >5.374,70644.
, .
Interest, dividend« and rente reseivsd
Net pr—niums received during the year,
C A P IT A L
Amount
of
cspitsl
stock
paid
op,
Interest, dividends and rent a receive«,
30— >5,628 149
.
. .
Amount of capitol stock paid up. during the year, 3784,809.86,
,
during U s year, P. 2, L. 30, g. 59.6 8 4 1 . 3250.060.00.
Income from other sources reesi»«*1
Interest, dividend» and rent« received
>500.000.00.
INCOME
Income from other sources received dur­
INCOME
daring the yesr, 3379.029.40,
during the year, 30— 3540,792.08.
Total premium income for the year,
ing the yoar, P. 2, L. 22 31-37 39, 5144,- $285,001.52.
Income from other source« received
Total income, 210,553.468.58,
Net premium« received during the year,
, J
DISBURSEMENTS
\
J dnr'ng the year, 8«— $9.292.7«
044 02.
. . ..« a .
.
Interest, dividends and rents receded $1,317,217.66.
T o U l Income P. 2, L. 40. >6,7*8,460 » . during the year, >11.796 76.
interest, dividends and rents received
Net losses paid during the year Inplud
Total Income. 40— $6,078.-34 66.
D1SBUBSBMENTS
•—g adjustment expenees, 36.490,6t7 24.
1
disbursem ents
Income from other sources received during the year. 3150.542.01.
Ket loaae. paid daring the year in vad ­
Iricome from other source» receivec
Dividends paid on capital stock during
Net l**»e» Tsid during ths year
the year, > 926,88441.
ing adjustment expenses, g805,366.65, P. during
the
year.
>480,000.00.
mg
adjustment
expenses, 17 snd 22, 9*.’
during
the
year,
I
3-8..2?
71
Total income. 81.224.588.19.
Total income, >1,477,082.78.
Commissions and aalariea paid during
8, L. »*•
• ,
DISBURSEMENTS
^ ip r id J u d s paid on espital stock Air­
DI8BUR8EM
ENT8
Dividends paid on capital stock dur.ng
the
year.
34,021.062.39
Psid for losses, endowments, annuities
Net lo««e« paid during ‘ke y a r includ­
r, 2990,000.00 P. 8, L. 48.
Taxes, ileensea and fees pa d during ing ths year. 48—>420 000.00.
year.
Hn_*__
surrender values, >38,575.51.
aaions and salaries paid during and Dividends
Consnisvions and «alar;«» paid during
the year, >407,578.80.
paid to policyholders dur.ng ing adiu«tment expense«. 1674.042JJ6.
23 to 31. * •.8 7 9 .8 1 9 .’ 8
Dividends paid on capital stock during
Uw year, 21,855,805.40, P. 8, L. 28 29-30. the year. $2.818 64.
Amount «f all other expenditures, 33.,- the y“
Taxes, licenses and fees paid during the
Tax«», license* and fee» paid du.ing the
400.502.34.
Dividend» jtoid on espital stock during the year. >90.000.00,
Commieaiona and «stories P»ld during
Total expenditures. $14,8-9,820.77.
year. 2880.881.33, P. 8. L. 43.
veer 43* $180.075.93.
year, none.
,
Amount of all other expenditures. 91,- the Commissions
ASSETS
Amount of ail other expenditures. S3
_
and salaries paid during the yesr, 8458,826.98,
Taxes, Heeniea and fee« pe'd during
Value of real estate owned (msrkht ,o . f £ d 44 to 4 7 -0 1 0 2 .8 8 0 .3 5 ^
848,165.90, all the rest.
year, >115,381 68.
Total expenditure«. P. 8, L. 58. $8.- the Taxes,
Total
exoenditnres 58— $5,889.4 jb 25.
th«
year.
>59.393
82.
value),
>488,678.40.
»
licenses and fees paid during the
Amount of sll other expenditures.
ASSETS"
Value of stocks and bond« owned (mar­
849.1S9.1L
year, $6,210.80.
assets
Value
ef real estate owned (market
ket ralue), $14.859,816.74.
Amount of all other expenditure«, ’ Total expenditure«. >1,407,797.80.
Valne of real estate owned (market
Lnam
on
mortgages
»nd
e«*totsrsl,
etc.
value),
none.
3004.369.49.
ASSETS
value), 2800.423.66, P. 4. L. 1x39.
Value of stock« snd bond* owned (mar­
$1,942,416.76.
Total expenditure«. $1,061,856.12.
Value of Teal estate owned (market
Talus ot atocka end bonds owned (mar
Cask in banks and on hand, yb*)»’ ket veto«), 4 and 40— >9,293,732.00. _
ASSETS
kot valne), 217,475,629.38. P. 4 L. 4x40.
$120.000.00.
Loans on mortgage« and collateral, ete..
286.30. ,
.
Value of real estate owned (market value),
Value of stocks and bonds owned (mar­
1 —n r * en mortgages and collateral, etc.,
Premiums in course of eolloction w rtf ?— 0 t ,000.83000.
j -
v sloe), $251,257.79.
ket
value),
$2.976,5.22
00
81.38C 826.75. P. 4 b. 3.
ten
sines
September
80,
1928,
$5.411,-
O
a « in banks and on hand, 7 — 01,-
Value of stoeks’ snd bonds owned (mar­
Loans on mortgages end collateral, etc.. 109.61.
Cask In hanks and on hand, $599,- ket or amortised value), $509,2 9.78.
*
,
, 057,874,7»,
.
„ ..
..
Interest snd rente due sod secrued
Prom!«ms (a ssnrse af
, *"
WM.1L P. 4. L. 6x7.
Loan» on mortgages and collateral, etc.,
Cask in banks and on hand $189,740.79 and other assets. >207,505 23
P vm U ubb in court» of eoUoclioB writ- $255.245.64.
ten «In«« September 30, 1928, 25-1
.
Premium« in course of collection writ­
Total admitted assets, >2j,596 3 ... 04 $860.618.83,
tern «toco Sept. 80. 1928. 31,288.819.44.
.
Premium netee and policy loans, 017,- ten since Sept. 30. 1928 $242 820.56.
LIABILITIES
Interest «nd rents due and accrued,
P. 4, 1* 35.
080.20.
Interest
end
rents
due
and
secrued,
Intereet and rents do« and acernsd and
Grass claims for losses unpa d, 34.08a,* 38— $113, 351.46.
Cash In banka and on hand 940,850 IB. $23,308 91.
_ .. 217.17.
Reiniuraare recoverable on pa d losses.
other **»•<«, 2169,838.17, P. 4. L. 80 88.
,
..
Not uncollected and deferred premiums,
Re Insurance Recoverable on
r«m
on all 2»__s if l 890 76.
Tstal admitted assets, P. 4, L. 68.
Amount of unearned premium«
prei
858,818.57.
Less««.
$991
70.
.
TotslI
admitted assets. $12.840.812 83. ‘
outstanding
risks,
37,407,733.35.
281,1 » ,3 9 0 .5 8 .
Interest and rent! due and accrued,
Total admitted asset*. $8.603,478.96.
LIABILITIES
LIABltTffitS
Due for commission and brokerage.
$24.320.42.
_
—
•
M
A
W
L
IT
IE
B
Great tlaltta for Io«««» unpaid. 19 and
O te ai claims for iosaes unpaid, P. 6,
U
Other assets (n et), 81,071.64
- Gross claim» for to»»es unpaid. $155, >894,880.52.
24—
82,684,928.88.
Voluntary
reserve,
>1,110,465
15.
L, 18. 9977.242.80.
Tbtsl admitted «»»eta. $1,248.853 46 043.63.
all
,
Amount of unearned premiums on all
Amount of unearned premium»
AH other liabilities, >752,016.85.
LIABILITIES
Amount of unearned premium« an
c a te r e d ug risks. P. 5. L. 25. 28,019.
Total liabilities exclusive of « P 1'» 1 ontstanding risks, 25— $2,612,606.07.
Net
re«ervea,
8305,044.80
outstanding risk», $1,352,263.41,
Due for commission snd brokerage. 80
.: 9 f e . —
—
. ,
stock Of $3 6Q0,000.00— 015,096,813.04
Oroaa claim« for losae» unpaid. $4,000
Due fof" commission and brokerage,
Due for commission and brokerage, P.
BU s /NERS IN OREGON
— $242,487.06.
All other liahilitlet, $508.708.66.
$10.000.00.
All other lisbilities, 31 to 46— $813.-
L L. 30. 3257,763 89
FOR T H « T B 4 R
v
Total liahiUtioa. exclusive of .capital
All other liabilities Page 5, Ttems >•«.
All other liabilities, all the rest, 31, stock of 8250,000.00— $098.653.46.
Met premiums received during tfcg y»ax, 811.94.
.
. . .
i*.i
15
24.
25,
26
and
30,
>260,250.00.
Total
liabilities exelusiys of espital
‘ 921,994 46
BUSINESS IN OREGON
Total liabilities, exclusive of capital $ 129,996.65.
stock
of
08,5000,000.00,
<7—
$6.808,-
Total liabilities, exclusive of capital
b
o
n
es
paid
during
the
year
871.635,59
FOR THE YEAR
stock of 3500,000.00— >1,777.367.04.
Of)
stock of 93.000,000, P. 5. L. 47, 910,
Losses incurred during th« ye»r. >68,•
Oro»s nremiuma received during the
B U 8IN ES8 IN OREGON
’ B U SIN E S S IN OREGON
891,09098.
007.13.
, _
,
year,
$337
87,
OR THE YEAR
. .
FOR THE YEAR
Name
of
company—
Contmenial
Casual­
BUSINTBB IK OREGON
Premiums and dividends returned dur­
Net
premiums
received
during
the
year,
Net
premiums received during the year,
POE THE YEAH
ty company.
the year. non«.
$890 88.
521,415
007
'
t
. . . . . ..
Net premium» received during the year, ing I.oasea
Nr.me
of
president—
H.
A.
Behrens.
paid during tha year. none.
Losses psid during the year, none.
I.o»aea paid daring ths year, $4,796.14.
P. 7, U 62. 855.667.84.
Name of secretary— E. G. Timme.
Name of company— Great Wester« In­
Losses incurred during tnaw ear 231.00
L
o
is
e
a
incurred
during
ths
year,
011.-
Losses psid during the year, P. 7, L. surance Company.
Statutory resident attorney for service
Name of company— Virginia Fire and
-Jas. Me. I. Wood, Portland, Oregon.
83. 00,066 89.
Kama of president— W. Q. Tallman.
Murine
Inauranre
company.
Name
ot
company—
Ths
Preferred
Ac­
Losses Incurred during the year. $3
Name of president— Fred'k E. Nolting.
Name of eecretary— E. H. Grot«.
cident Insurance Company of New YojA
807.09.
Statutory resident attorney for service
Name of Secretary— B, O. Lewis. Jr.
Nande «f «resident— KtaabsU 0 .
Name ef company—The Hartford Steam — Insurance Commissioner and hit auc-
Rtatctorv resident attorney for service
Name of »«eret«»T— Wilfrid C. Fottor.
Boiler Inspection and Insurance Company.
— Jas. 8. heed, Sherlosk Bldg , Portland,
Statutory resident attorney for service,
Name of president— Wa. R. 0. Carson. eesior in offire.
Oregon,
Name af secretary— L. F. Middlebrook.
lyhlthse Portland.
H . E. Whi
Mm«B«ery resident attorney for scrvtew
E a s T v . Lively.
fo».T“
L891.572.75
**»■«” « 3 «
expenditure*
3354,831.79
T a la l opendituraa, d l,482,4oo Bo
a ssets
•
Value ef stocks and bond« owned (mai»
Total expenditures, 8541,063.80.
kot value), 32,565,330.00.
Chsk In bank and on hand, 033L 104.7L
Á8SKT8
s - . Trt».n Marino Inc. Hull 8 y n d lc a t*
Value of real estate owned (market
value), none.
.
, ,
Vninc of stocks and bonds owned (mar
ket value). 3994,867.60.
Loans on mortgages and collateral, etc.,
none. • *
.
Cash In banks and on hand 8147,715.52
Premiums in course of collection writ­
ten since September 30, 864,”90.40.
Interest and rents due and accrued,
38,746.75.
Other assets. >559.66.
Total admitted assets, 31,215,979.93.
LIABILITIES
Gross claims for losses unpaid, 877,-
22.804,157.92.
Other aaseU (net) less non admitted as 235.00.
,
,
„
Amount of unearned promiums on all
sets minus 8658,182.07.
Total admitted asseta. 8118,410,417.04. outstanding risks, 8463,199.28.
LIABILITIES
All other liabilities, 319.780 2 1 .-
T otal liabilities, exclusive of cspitsl
Net reserves, 1108,105,120.50.
' Cioss claims for losses unpaid, 31,125,- stock of 3200,000.00—0600.214.49.
B U SIN E S S IN OREGON
698.00.
FOR THE YEAR
AU other liabilities, 89,557,517.83.
Net premiums received during the year,
Contingency Reserve, 04,623,080.71.
Total liabilities, exclusive of capital 37.5M .46
stock of Nona-Mutual Co., 8118,410,-
L ou es psid during the year. >2.504.98.
Losses incurred * during the year, 04
417.04.
B U 8 IN E 8 S IN OREGON
101-03.
.
,
,
Name of company— London A Provin
FOR T H E Y E A R
Gross premiums received during the einl Marino A General Insurance Com
psny, Ltd.
year. 3429.966 81.
Premiums and dividends returned dur
ing the year, 839,771.52.
lo s s e s paid during the year, >115.477.
Name of company— Bankers Lifs Com
pony.
Name of president— G. 8. Nollen
Name of Secretary— B. N. Mills.
Statutory resident attorney lor service
—F. L. Emery.
" li.J T ffS S I
* ^ - â
Net tosses psid daring the 7 « « delude
ta r a d iu tm e n i expanse*.
«
Oommisr ms and sslari«« p « l* dnriug
lh T ¿ S Í , l 1c í í ] 4 5sndOfee, paid during th«
XeAmount4 * o f " all
!
and «wuU received
!ih £
dividends and rents received d'*u c ,o - i ’ C
yoar, 243?118.93.
from other sources received d u r iS T th . y r . 0«V?7?X °.#-
year, 374,888.55.
I b T isb u r 8 eme . nts
To tal income, 8650,788.88.
......*....... »tin...........1 1 11........ .................................. H i il i in i.............. I mun I I
.......
■«. 41
ML 40
For finding out why a flag waves
Fur chasing rainbows
Incidental expenses in connection
with above items
Contingencies (same)
.617.99L40643
Total expenditures.
ASSETS
o
Value Of real estai« owne<^
1.757 90
slimV -• .
imxrkst »si
r t i ~»alu«>
and bonds
V ownrdf (tnarket
31.210.780 80
irket val
■S:ffi:ÎÎSÎ?
Oaah In banka and on band.
Frsmluma 1» course o{ owl-
lection written sines Sep­
1.905.808 47
tember 30, 1930, . . . . , , .
Interest
and rents due and
__rrcst an
130.343 M
accrued
142.533.163.40
Total admitted assets
LIABILITIES
i
Ol£rid
1.230.435 00
Amount of unearned prenal-
°n
9,917.131.33
AU o.her" "usbliltiss ............
»Q* 000 00
91,000.000.00
91,000,000.00
Total 94,000,000.00
Sounds Silly, doesn’t it?
Well, it isn’t. The scientific research necessary to find
out why steam turbines above a certain sixe might blow
up, involved chasing rainbow* and finding out why flags
wave, and it cost millions of dollar*. Greater efficiency,
with safety, was the result.
»tai
Total
liabilities. « « t o l» »
oóoo¿opU Surplus
»30*-
H IP * * ?
O Jæ iÔ B j o » ' ™
Mat Premiums received dur-
91,000.000.00
91,000,000.00
_
This U one reason why the cost of generating electricity
with steam plant* has been held down, and why the aver­
age unit cost of electricity has decreased.
tbs
Pacific Power &
Light Company
ber. 1928. made to the Insurance Com­
missioner of tb« State of Oregon, pur­
suant to tow:
c eY 2S & *
paid
Amount of capital
6 800.000 00
up
dur­
Met premiums
»U.114.878.83
ine the yesr
vldends and rento
Interest, dlvldei
002.013.28
year
the )r
received during
durii ths
am <
other sourcas
Income from
104413 42
received during tbs year..
58
Total % M B L h t e o « ir f g »14.132.202
’
Met losses paid during
rear.
*•* • Including adjust-
............. z .» 7.194.069 00
ment ex
on espitad
Dividend«
ie re a r___
743.019,76
atock di
Commiaalonj f & S . K “ " “ « 1 7 . « * «
paid d u r in e
A LW A Y S A T YOUR SERVICE
uto
Taxes,
axes, licei
licenses snd 1
a tm s ü s ts n tttm tK
3 o o c o c e c 9 o o o 9 o o o o o o o o o so o c o Q O o o c o o co G c o G o o o o o o o o o e o o o
M M M .M
A Ä o f tiT X ’
. T T ? ? * .1 « .« 1 « 1
itures .....................
.»15473,751.00
Total expenditu r e ^ ^ .
’Ï Ï L 2 * Â .
.s
Loans on mortgagee and col-
In d e p e n d e n t W a r e h o u se
& M illing Co,
m,.« *.
R. H. M cKean, M anager, W asco, O regon
M3 fl«
Caxh^in banìu and dn hiind
Premiums In course of col-
Interest nd rento due and
accrue
Other ai d tied asseto
Total admitted
«.«.«.n
DEALERS IN
.110.700.000.08
Lime, P laster, Cem ent, C edar Posts, B uilders
Supplies, Lum ber, W ood, Coal an d H ay
Oross claims
.» 7,131.157.84
paid . i u ., . .
unearned premi­
Amount of UQ
urns on ali outstanding
8.711440.28*
Due for commission and
brokerage .. .......................
n ia is
All other Habt 11 tie« ..............
voluntary reserve for con­
tingencies ............................
Btatutorr resident attorney
< L. McDougal. Portland.
M A N U FA CTU RERS O F
1.000.000 00
Total liabilities, exclu
capital stock of t8(
BU3INfeSS IN OREGON
Vet premiums received
ins the year..........
lo-tses paid during the year • 1 0 1 : 8
Losses Incurred during the
year .................................. ..
06.187 50
fame of Company, united state«
Bran. eh of _ The
_ _ Ocean
_
Accident dt Gu*t-
ante? Corp . Ltd.
Manccer and Attorney, Ghar)e« M
Mrew
M IL L
TJ!*' ® v BURSEMÊNT8 »3.783470.88
Id during the I
t. looses P*l_
>>«nr Including adjust itment
-XP nses ...... ..................V (1,457.188.92
/'d-nds paid on capital
180.000.00
s o?k during the y e a r . , . , . ,
^trniias on» „ and
antoriea
1.108.804.00
pe.d daring the year,
r-- w. licenses and fees yá id
108.843 44
d r‘.ig the year---- -
'mount of all other expendi­
104.050.32
ture« ....................................i
33.343.039.54
'T o to ’ expendltg r e ^ .
C. V. Belknap,, P ro p rieto r
M o ro H o tel Barber Shop
M oro, O reg o n
L adies an d C hildren’s H air
C utting an d Shingle Bobbing
BATHS
: m : n c K u n : : :: r .: i:m u :i: :: : :: n :: u n :: : i;: w r 4 « u : w ;u n r 4 iu m a n a « u m u n m r a
«HnniniHtnnnnnttKattininnniKW MW gft a ttttttttttttttKiHtnntnntnnnfflnntt
S h e rm a n R e sta u r a n t
S h a n ik o , O r e g o n
/alu e of real eetate owned
None
im ark-t value) . . . .
id i bonds
Valu? Oi stocks and
owned (market value) . . . . (5.063.490 32
On The Sherman Highway
M eals
Lor^.5 oil t^ortxaae» and col-
C m '. i in banxi and on han3.
Pr — uins In couree of eollec-
t < wrimen since Septem-
f
to. W M ...................*
In f r r s t
aha rente due and
an d
S hort
O rders
AU hours
Reasonable Prices
Regular Dinner 50c - Rooms 50c up
003.302.71
1«8
Cigars
• ecru-d ...................................
flelmt. d ie on paid losses . . .
Tela) admitted asseto - . .30.476.363.33
aad
Tobacco«
Soft Drinks artd Confectionery
Dance Hall in Conneptiop
Mr. and Mrs. H. Pullen, Proprietors
on
Cross plaints
.» 8 0 1 6 6 « «
odd
A’ronnt
“.‘I 1 outstanding
“5 & 0 0 ......................
8.560.700.07
D- e for commlaaioa and
hioheraae ...................
AU o'her liabilities . . .
Total Habllltiaa. e«clnalve
B H S IN ^ T lN O R M d tu e PGR TtlV'TltoR
. r m ’.im s re c e iv e d during
FLO U R
th
•
SYNOPSIS OF ANNUAL STATEMENT
A N D
ooeooocC'OooocoocoGoocoooooooooooooooooooooooeoooooooe
far sarvla*.
BANKERS * SHIPPERS INSURANCE
COMPANY OF NEW YORK
in the State af New York, on the thlrty-
firat day oi D-rccmber. 1028 made to the)
C o m m is sio n
Insurance Commissioner
of the State or
Otasen, pursuant^ to^lnw:
Amount of capila! «tock padd
T v ,.» 1.000.000
IN
N’t premiums received dur­
ing the year . . . . . . . . . . . . . . 1 »2498.481.27
intove»* dividend» and rents
370.475.53
received during the year,
other source*
rom ot
-to n e from
113.804.19
rt rctoc d daring the y e a r ...
FEED
A
valuable knowledge of the re lia b ility
and in te g rity of businesses is the rew ard
of the steady reader of advertisements.