Sherman County observer., April 12, 1929, Image 2

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The Sherman Cöütoty Observer, Moro, Oregon. Friday April 12, 1929-
Synopsis of O>*f Agni
of t r :
St
A m ount of eapUsJ*sto^i p a id .
. 81.000.000. 88
. u r x n c ? C o m m ls á to n e r of the «tate ol
i/'re s o n . pursuant
CA<
stock
Amount
of
capi
t J.000.000 '9
p * i4 op
IN C O M E
s. receive«
received d u r -^
Met premiums»
i A cömb
received dur
J&5J09S8
received durlns the year
Incom e fro m other sources
16483.94
received during the year.
T o ta l income ....................... »3.739.273 31
' » D IS B U R S E M E N T S
Met losses, paid during the
Justment
year including
51.417.898-81
ex:
______
, , _ f t , on " capital
D iv
i
180.000 00
s to c k d u r in g the year . . . .
ja u n is s i o n s
and
telarles 1327.281.53
paid during the r
__„_____ naes and fees paid
Taxes.
139.015 88
" d u rln s th e year ................. • •
A m ount o f a ll oth er expendi­
284.895 33
tures . ...............— ........................................
O «
IM O
1 .1 . MW O
T n t» i income ...................«18.882.08 5 98
D TSB UR 8KM B N T8
Net toase« w»¡d d u r in g tb e
ju sUnent
re a r ioolu«
t 6.538.603 23
Dividends paid on c ap ita l
798-003 00
stock d u r in g the re a r . .
CT . 7 d % i ; n , . • , « t S f ' i « M .1 O M
...« 7 C
Am ount of
penditures
aU other ex-
............................
Total expendJ^ ^ L ' 8 ..........53.316.491.3S
> » i t « CO
Value o f stocks and bonds
owned ( m ark e t v alu e ) . . . , . 14.904 890 00
T o ta l expenditures ...... I14.J29.2X4 83
ASSETS
Value of real estate owned
(market van a) . . v........ . 8 l 965 104 83
Value of stocks and bond»
owned (m a rk e t value! . . . >''.143.91.4 4
Loans on m or tas ages and
c ollateral. etc
, «g
in bunk* and on hand 1.279.X... - /
emlums in course of col-
le c tio n w ritte n since Sept-
3.1« 1 *7
nber JO. 19JX
: ‘3
r.
O th e r assai*
I n t e r e s t and d rents due and
1
(
7
1
8‘.
' 7
accrued
i : r 1! • ‘ 37 73
T o ta l a
Oro&s
paid .............................
Am ount of unearned prc-
ml urns on a ll outstanding
risks .....................
Due
for
»6.713.678 43
T o ta l adm itted assets
L IA B
F ” IL IT IE S
losses u
Gross
claims
for
P ^ d C“ “ “ . .‘ W. •
» » « O « •«
A m ount of unearned pre-
jjW ju .n a r o u f U n i l n .
■ T r o t i ? « . CO“ “ “
898 953 55
T o ta l liab ilities, exclu­
sive of c ap ital stock of
53.oos.ooo L09 7 ......... »1 7 . i y .433 C2
BUSINBBB W O R EO O N F O R T H E Y EA R
Net premiums received du r-
»41.361 49
lns the re a r ...... , ............
11.104 71
Losses paid during the re a r
L o sses in curred durlns the
......
rea
...............................
__ 4 .4 1 j 1
re
a r ...........................
■ ■ ■ , . . .
* -
--------- N EW A M S TE R D A M
c V M E8S E R O LE . President.
H B L A M Y J fc . Becretgry.
S ta tu to ry resident sttorney for eervlce.
Insurance Com missioner, Salem . O r.
4
Synopsis of A nnual Statem ent of the
P A C IF IC IN D E M N IT Y C O M PA N Y
of Los Angeles, in th e state ^ C a l i f o r ­
nia. on the Slst day of December, lj928.
m a d e to the Insurance c °m irl i»*loiier of
the state of O r^ l{i'jT ^ r *UBnt 1 “ W*
Name of President
J. A R T H U R N EL-
BON
_
Name of Sec :re ta rr-T re a s u re r: S IF F O K D
PFARRE
a tto rn e r for service:
S Ita
ta tfito
tftto r rr r * resident
rei
J A T ft. M O L T Z N E R . Portland. Oregon
A m ount of cap ita l stock paid¡|hM 0>000 00
V
IN C O M E
Met premium s received <’ ur t ,
, 10 M
Ins the year
........ .. • ¿ j . . 5J.8aa.uiv.»*
In te re s t, dividends and rents
recetved du rlns the y e a r _
38«.4J2 13
Incom e from
• ouroe# n i m i n i
received durlns the y e a r .. 1X.534 01
Synopsis of A nnual Statem ent of the
H A R M O N IA P IR E IN S U R A N C E CO.
of B u'falo. in the state of New York en
the t h lr t r - f lr s t day of December. 18..8.
—«de to the Insurance Commission .
£ w the State of Oregon, pursuant to
income ................... 54 S«0.9«« ««
D IS B U R S E M E N T S
M et
P *ld . du
y
e ? p loxse«
U e n«ClUd^
” rln
,. " ? ™ th ?
l 83.003.400 88
T o ta l
C A P IT A L
Am ount
up .
*
»1.020.000 00
IN C O M E
N et premium s received dur-
ins the
year . . . . . . . . . . . . 552.587 82
In tere s t, dividends and rents
received
during the re a r
90.712 5«
Income from other sources
r e c e iv e d
during the year 1.085.008 41
Cotnm lM ion«
salarle»
paid durlns the yexr . . . . . . 1.048.60« «5
Taxes, licenses ana fees pala
75.171 08
durlns the year ..............
•
A m ount of a ll other expendl-
313.422 12
t urea .........................................
ÎL Î3 9 .9 0 0 95
* ■ T o ta l expendlturea . . .
4
ASSETS
V alu e of rea l estate owned
550.000 00
(m a rk e t value) .......... • •
« -7 S ,S S “ “ “ " “ „
T o ta l
Income ...................... * 1.728 306 86
D IS B U R S E M E N T S
losses paid
N et
Dividends paid on c ap ita l
stock during the year . . . .
and
salaries
paid during the re a r
Taxes,
licenses
and
fees
paid durlns j the r e a r ........
other expen-
Amount
di turea
(
T o ta l expenditures . . . .
70.000 00
Commissions
180.570 82
351
9.459 27
lection w ritte n since Deo-
tern be r SO, 1928 . ........... 1.038.445 14
In te re s t and rents due and
t ShC.CrrUa ^ i t t e d a ^ e t . ' :.' i "
1 ^ 4 0 27
O th er
T o ta l adm itted asseta . .»6.226.349 68
L I A B IL IT IE S
° r o u e U 'rn . lo . mm J M - ,
M
paid
moui
m ks
1.815.116 31
Due
for
com m isi‘
* and
“ '*
178.462 48
brokerage
315.255 00
A ll other liab ilitie s
19.235 90
442.61X71
ASSETS
T
,s s u «
« » .» « » >
mortgages
and
¿ and ¿» h in d 1.399, l f i ) H
.emlums la courts of col
fc i£ 5
In tere s t and rents due a n d
accrued ...............................
T o ta l
» • » «
M
90.451 00
7
5
Du*
fo r
T o ta l
liab ilitie s
ilM X l'S ß »
»4.031.013.74
adm itted
°
« •« ” «
A ll other liab ilitie s . . . . . . . . .
T o ta l liab ilitie s , exclusive
of
c a p ita l
stock
of
51.000.000 00 ......................... 53.«92.«87 31
B USINESS IN O R EG O N FO R T H E Y EA R
Met premiums received durlns
th e y; Y ld d u n n i- t h < "
:
’ «6 3
I ^ p r R i l^ R iN c l^ C O M P A N Y
6 65.4-' ■
1.532.285 13
"•c'ïWkSV'ffildPÎÎÏ
°° • ■
174.400.00
8.203 r>~P
—
u a b in tie i : : : : : : :
Voluntare reserve for cca-
unge&cles ...........................
54.488 75
14.168 76
accrued ........... . . . . .................
8.3C3 : 37.28
and
commission
978.785 07
Reins, due on paid losses-----
’ "1
" T iis k w a
e la lm s n
(o r lo sse s un­
635.750 00
537.815 84
la te ra L etc. ................. i
Cash in banks and on hand
prem ium s in course of collec­
tio n w ritte n since Septem ­
ber 30. 1928 . . . . . . . . . . . . • ,
In te re s t and rente due and
d
commission
owned (m ark e t v a l u e ) ... . 114.
Cash In banks and on hand
Prem ium s In course of col­
lection w ritte n since Sep­
te m b e r 30, 1 9 3 8 ............. .. 1.573.503 46
In te re s t and rents due and
157.911 33
accrued ............................
Rems recoverable on paid
36.737 44
iossea ..................* .................
exclusive
U S IN B 8S IN O R B O O N FO R T H E YEA R
preaüum a received d u r-
Àla« t * a "
J S . t____
’ “ « o . im
in curred du
M eu „
Losses
„ ..„ M
.
and
.
« e t
« « U4 00
-
' M
i B
M
T o ta l
admt_tted_ assets*
»16.635.089 97
L ÌA B IL IT IE S
oases un-
Gross claims for loi
paid ............................
. I 1-166.531 00
Am ount of u n * * ” 1«*® prem l-
r lik . ° n . ? . ° U
n
« 713.470. S3
a * "
JAM ES E M c IN E R N Y . Secretary
S ta tu to ry resident attorney fo r serveie.
C LA R E A. L E E
118 O F A N N U A L 8 T A 7 ^ 4 ï l î y . „
nauranee oCf ° ? h Ä l ° p U hei h ^
ivanla. „
.
wivanla. on the th irty -
of Pennsylvania.
» u in m e jj ?£»oo» eon
N et prem ium s
received dur-
a
Losses
in cu rred
during the
j JJX X4
tory
S ta tu to
ry resident a ttorney
R. Rasmussen.
fo r
service.
— ----------
hew Y o rx , in the etate of New Y o rk ,
the 21at day of December. 1926, made
the Insurance eommlaaioner ot the
s tate of Ora**S i» K M X .*V n t to *, w :
A m o u n t o f c a p i t a l s to c k p a X - . _
UP ................... ’ 4 8,000,000.00
„
Met prem ium s rweefveft ftur-
1ns the year ....................... 511.335.104.12
In tere a t. dividends and rente
r e c e iv e d d u r l n s th e y e a r .. 1,112.506 94
I n c o m e fr o m other eouroes
eeeel red du rlns the y e a r..
35«. 120 08
p u r,u * c k i ’ rrA ar
c ap ita l stock
A m ount of capi
up
Due for
commission
and
» K S r U iu u «
::::::::
ooo.ooo «
316.300 M
c
51.061.509 33
R S ÏM E N T R
d u r in g t h e
N et losaea PI
adjustm ent
year including
Inc
«1.227.342.94
Div’ dZndV p a id . o n
cap ita l
119.996 11
atock durln« the
Com m lM lona
and
aalartea
833.681.4C
paid du rlns the y e a r . . . . . .
'axes, ltcenaea
license« and leea paid
Taxea.
82.417 05
durln« ^ h e .y e a r
A m ount oi aM other expendl-
turea ..........................................
i i a . w ■■
T o ta l ^ U R S E M E N T 8 U a -W 5 ’7 M M
expenditure« ----- »2.438.222 2«
A 88ET8
Met losses p a i d du rlns the
year, includlns s4buatment
oxaoBftsa ................. t 5 6.809.933 07
n v iftH a fta paid on cap ita l
stock du rlns the y e a r . . . .
'T S iS T S t 5 5 ;» ^ " “
700.000 00
Loans on m o ru a ae a and col-
« S T f t a S t t and on KaAd '•
A m ount of a ll other expen-
dlturaa ...................................
_____ __
«38 278 1«
Prem lum a In course of col-
lecMon w ritte n since Sep­
833.161 16
tember 10 1 9 2 8 . . . . . . . . ••■ i
In tere s t and rents due and
48.274 87
accrued ................... .................._
»7496.734 13
T o u l “ ‘^ 1 1 5 ™
•
T7 is » ;<s r ; ^ ' i ^ . p*'d.
T o ta l expenditures .......... .... .511.308.131.90
A 8 flF i 8
Value of stocks and bonds
owned 'm e r k r l
value) ...................................... 521.394.447 00
I x a i u on m ortsasea and col-
lateral, ate ................................. 299.813 50
C a i h in b a n k s and on hand 4.635.560 51
Prem lum a la course of roi
lection w ritte n since Sep­
tem ber 10, 1938 ................... 1.883.507 00
In te re s t and rente due and
a o e r a o f t ..................................
83.089 00
“» r t s s . I « . , « «
JJ8.J74.87t 43
Total admit
un-
Oroaa clak
..5 1,884.504.00
P a id ................................
A m ount of unearned pre­
m lum a on a ll outstandins
risks ................... ............... 10.870.393. «0
Due
for
commission
and
brokeraso ...............................
190.1
.00
00
835.
AU other Ba b ill ties . . . . . . . . .
T o ta l liab ilities, exclusive of
c a p ita l stock of
55.000.000W) ................. .. . 513.500.008 00
in oreoon por the year
R e uamaaa
t p r e m iu m s received du r­
ing the year ................. . . I
105.538 0«
L o s s e s p a id d u r l n s the y ear.
■TS:
46.156 37
““
IM ..U .7
“WR»°!.cT”<eia<»i!V'OARA
a tn i of president, O th o E. Lane,
ame of secretary, James O. M aconachy.
S
l taS '7 k X ! ? iU E 5 T i , r°'
t o f the
of Boston,
in the State of Massachusetts,
Beste
on
n Ul
the l i s t day of December. 1928.
the Insurance commissioner of
of Oregon, pursuant to law :
IN O O M B
T o ta l prem ium income fo r
Iniere«E*dlTldends
.and
In te re
41
10.488.879 96
1.308.71668
the year,
ou ree
year
Income
recall
147.788.429 99
Total Income
Paid f o r __
endowments,
annuities and surrende
------------ . . . . »14.040 09? T
values
D iv id e n d s
_ h o ld e r s A
C o m m is sio n s
and
s a la r ie s
paid durtog the y e a r . . . . . 4.874.794 89
it. t ì g : « » .« . ».
Tares,
uoensss
and
fees
paid d u r in g the re a r . . .
A m o u n t of a ll oth er ex­
penditures .............................
T o ta l
S
Ä
Cash
expend
.830.147.371 08
real estate owned
valus) . . . . . . . . I 1.142.080 00
and bonds
. .
valus or
value) ............ 111.478.837 00
J S mortgagee
W
i Ä and
i
88.8>2.008 77
In
banks ' and
on
“ " ■ V e r r ^ S oiiected and ft»-
■M
M .......
In tere s t at
rente due and
•t
<2
772.408 71
1.918.972 22
r
a s s e ts
(n e t).
iO S nts
dise
fro a
- com panies)........ ~
T o ta l
87.388.982 74
2.11X190 28
2.544.239 78
1.237.590 82
6.000 00
8319.838.980 19
reserves
.......
c la im »
fo r
M-
.1187.981.836 98
O ru e s
e f B S T ü íii- : : : : : : :
„WHS
t « . a l RaMUttea. exclu-
'
•fve o f c ap ite l stock 5304.181.830 73
ÏU B IN E B 8 IN OR B OON FOR T H E YEA R
Oiwssa premiums received dui
Ftetelteiae ' o i d dlvlfteade r >
- ' H
’ass a
Knslaad M u -
Æ r tîr x 'Æ ^ y e v :
"«■te, j f . eçgapsmy.
New
F
335.494 9C
88.
p j’ M S. K _ M
i : i ro
y
anager.
H. 1.
Total B
T o ta l
Oroaa claims
A,X
Dt o Î
for
losaea
» • »»• 5i
un-^
334.424 34
“a’î f ^ i t Œ
« '
commission
and
2.595.677 41
M noo w
AU o ih e W a b iiiu e . : : : : : : : : : :
7 8 2 .5 5 ^
D u e * for
T o ta l U abllltlea. exclusive
n 000 000l “Ô
f »3 7«5.«57 3i
B USINESS IN ^O R EO O N FOR T H E YEAR
N et premium s received d u r ,n ,, 54 8eg os
Losses’ pa^d 'during the y e a r'
20.878
^ n c u r r e id u r t n x th e y ea r
N a m . Of Company:
C<Name To(°f President* ?)uatevua
Ice: John H
B uraard.
wburance ’ com M
y
of New Y o r iP In Vhe stateKof New York,
on the 31«t day of December. >®28'
to the Insurance Commissioner of the
state of O re t0 ,VM^ j £ i ,/ n t 10 ,w :
»
In tere s t.
dividends
and
51«
tl,g S f * . ,P Ì u , ' ! n h. " . h T T " ,
4 i.n i.iM »
« .« » .I» »
T0U1 > » « U O B « Â IÎH T Î’ - ' “ ’ " " ”
s. en d o w *
F a ld
/o r
menta, annu ities and aur­
render values
.........
5 71.437 681 «3
ati!
Dividends paid to policy­
year 39.980 439 1C
n holders
o ia e r s n durina
u m i » the
.
and
salaries
Oom missions
17.475.183 59
paid during the year . . .
ea, licenses s
and feas
Taxea,
3.712 313 53
paid during the year ..
Am ount of a ll other ex­
pendlturea ......................... 13.400.9C9 45
-T o ta l e ^ d l t u g i ^ . . .
*« > ♦ »
Block................510.6<1 l i o
¿ R E O O N FOR T H X YEA R
b u s in e s s L . -------,— . , „
et premium« received du r­
H< ili«
U pr»$i?‘
e2ar recel’
..3 150.358
14
tne year
ng
the
. .........................»
. . . iL ed
._ .-------
78.544 11
t s s : Ä r i ? i n3 Ä ’ ; ü :
68.701 11
■ ß l™
¿ . M K C A» T IL E
H et prem lum a receive« during
received
td during the year
j&Movies
Nina Pinkerton, press correspondent.
There is no “sure sign" of sprint,
The Mtffo Woman’s Club met last
but sprint should be ft “»ure situ ”
Friday,
with a good attendance.
FAMOUS CROOK PLAY HERE
of the arrival of that time for t h e
There was a long business meeting,
community to clean up. There ift h °
AS HAINES’ PICTURE
with much important work taken
superstition or prophesying about
care of.
this clean-up sign.
Good screen plots, like good stories
An invitation to the Club from the
When warm weather has come to
or plays, do not age, but are certain Wasco Study Club, was read and
stay (until cold weather returns in to win the same commendations from
accepted; the meeting to be at the
the autum) every owner of property
audiences of thé future as those of Wasco Fraternity Hall, the afternoon
and tenant should instinctively feel
today, in the opinion of Jack Conway of April 19, with Mrs. G. J. Frankel,
it his duty to remove the evidences director of “Alias Jimmy Valentine,’
state president of O. F. W. C. as
of winter’s ravages and to aid and
which will open at the Moro theatre speaker.
augment nature in her work of
Saturday.
This being the regular meeting
rebeautification.
Sustained popularity of striking date of the Moro Club, it was decided
Every spring clean-up program
or unuaal dramatic themes is proved to change their date to April 26,
should include disposal of winter’s
by efforts of picture companies to Friday afternoon, at which Mrs.
accumulation of litter and decayed
make successive versioha of the same Margaret Peetz will be director.
vegetation, repairing and repainting
story, Conway declared. H e pointed
On May 4, at Moro, will be held a
of buildings, and landscape garden­
to “Camille,” “Madame X” and “Anna District Federation Institute, with
ing. Landscape gardening is no
Karenina” as stock Illustrations.
the Moro Woman’s Club as hostess,
longer associated with large estates
William Haines, whose forte, as delegates will come from five
alone.
all picture fans are aware, has been counties, and it will be an all-day
Cleanliness about the person or
a series of light comedy dramas on meeting. Mrs. Collis Moore is presi­
the home costs nothing. A community
the order of “West Point” and dent for this district and will preside
clean-up need involve no expense,
“Telling the World,” turns to a dif at the meetings. Various committees
except of a moderate amount of
ferent type of role in “Alias Jimmy were appointed by the preside^ o(/ ;
labor on the part of the householders.
Valentine.” -In donning before the the Moro Woman’s Club, to hare
If there ever were excuses for un­
camera the mantle worn by H. B charge of the arrangements.
cleanliness they were removed long
Warner in l»10, when that celebrated
Preparations will begin for the
ago.
actor made Jimmy Valentine a stage annual Mothers and Daughters
What is the compensation; of a
tradition, Haines renounces — for Banquet, to be held sometime near
community-wide clean-up campaign?
the nonce, at least — the athletic Mothers’ Day. Mrs. J. L. Searcy,
It improves the general health of the
hero part which “Brown of Harvard Mrs. T. S. Reese and Mrs. Harry
community by removing deposits that
instigated. Leila Hyams has the Pinkerton are the arrangement com­
are breeding places of disease germa
chief feminine role, the part played at mittee.
and disease carrying insects. A clean
the old Wallack’s Theatre in 1910 by
The Art Department had charge
tpwn is. a better place in which to
Laurette Taylor. Jack Conway, who of the program, with Mrs. T. S. Reese
live than one that is unsanitary and
made “W’hile the City Sleeps,” is the as director. Mrs. Collis Moore gave
unsightly. And the best community
director.
a very interesting talk on the life
advertising is the appearance of
The bare fundamental theme of and paintings of Rembrandt, Mrs.
beign “cleaned-up, painted-up and
‘Alias Jimmy Valentine’ has the Tom Fraser told of Titian and his
planted-up.”
same appeal for dramatic audienoes well known pairftings. Mrs. Marlon
today as it had fifteen years ago, McKee gave a talk on the Bok sing­
Haines plays the part of a gay, care­ ing tower and bird sanctuary, re­
I'sls r-r i ’" “ nnunl 8* stem ent of the
free crook who outwits the fofees of cently presented to the American
u f lf r S t C .'« n . r> CH IN N 8 O R C TH O . B U R M IT IT IS E H D A
law until he finally robs the bank of public by Edward Bok and dedicated
of 159 V /Iil am street. In the state of
N«w Y o rk on the 3 is t day of December.
the father of the girl he loves — then by President Coolidge.
1928. mnde to the Insurance commis­
sioner of the state of Oregon, pursuent
seeks a way to atone for this error.
**
*'
C A P IT A L
Roll call was responded to by each
The revival of so many pioneer member showing and telling about
Amount
of c ap ital
stock
p a id u p .................. .............. t
«00.000 08
successes in the picture field, nota­ some cherished heirloom or treasure
IN C O IZK ,
Net
p r e m l u i
received
bly ‘Broken Blossoms,’ ‘Dr. Jekyll belonging to her family.
during the year ............ .5 9.132.43« 80
Many
In tere s t.
dividends
and
and Mr. Hyde’ and early Barrymore beautiful old articles were displayed.
rents received durlns the
592.28« 07
year ............ ..........................
and Barthelmess films, is pretty con­
Income from other sources
•
The committee to prepare the pro­
received during the r e a r _____ 3.113.07
vincing evidence, that the public gram for next year were named as
T o ta l Income . -
8.727.84«.74
DISBURSEMENTS
market is a steady one in so far as follows: Mrs. W. C. Bryant, Mre. T.
N et losses paid during the
the classic plots are concerned. It’s Reese, Mrs. J. L. Searcy, Mrs. Roy
year
Including
adju st-
m ent expenses ........ ..
•* 4.373.134 35
the same way on the stage, where Powell, and Mrs. D. E. Stephens.
Commissions
and
salaries
3.854.409 IS
paid during the year . . . .
Taxes,
licenses
and
fees
every season sees a new presentation
433.837 75
Mrs. O. A. Ramsey and Mrs. E. E.
paid during the y e a r. . . .
Amount of a ll other expen-
of plays that have won favor any­ Barzee were the hostess for the
dltures ................................... 1.543.834 91
where from ten to several hundred afternoon.
_
eg ........ 1 9.20fl.3«fl 19
T o ta l expenditures
A SR F IR
years ago.
Value of stock and bond»
on th e l i s t day o rD ec em b er^ im . » nade
« ta te ‘ of ¿ re s on. pursuant to law:
Paul aireet.
Moro Woman’s Club
Clean Up!
ftynopaia of tha Annual Statement of the
»144.998.917 29
Value of real e«tate owned
(m ark«» value) . . . . . . . . . » 9 217.737 14
Value of s to c k * and bond«
owned (m a rk e t or am or­
525.537.743 59
tised value)
L o n s on mortgage« and
240.867 »13 33
co In trra L etc. . . . . .
Prem ium notea and ’ v ‘o l-
„
31.3*7.813 Si
«3
lev loan« . . . . . . .
3.918.931 7«
Caen In bank« and on hand
N et uncollected and de­
11.888.676
72
ferred premium s ■ • • • < •
In te re s t
and
rent«
due
13.8'.«
77«
P4
and accrued ....................
15.217 69
O th er assets (n e t) .............
Net reserve« ......................... »763.65«..369 C3
O ro e s c la lm» for losses un-
6.803 241 09
AlRthev ilab liltie s -------- 96.758.69’ 75
Fund fo r depreciation of
• —c ilp tle a
and
«en eial
, « »m » •<>
-contingencies ..................... 81.106.973 e«
T o ts l
liab ilities, . « f l u -
give Jt. c ap ita l atock ..8927.317.279 62
BUSINBBB IN O R EO O N FOR T H E YEAR
O rosi premiums received
1.726.038 S3
durina the re a r . . . . . . . »
Premiums
anu
dlvtuc.ids
he v’ i t f
' I n . ’j W
retu rn ed durtne the
fxsiscs paid d u rln — *he v**«*
T H E 6 f t n n 4 L I 7FE T*U>> ■’ A -C a C O M ­
NY Q i U'EW YORK.
----DAVID PA
F —K ^ W - O N . President
P r e s id e n t
W i L ij A M I trwd KW’CK ” IK and O I L
L IA M I
B n.tP F TX . r r-r g tr r tc «
B taiu tc rv r " •*■•:»*
' f< r »-rr.ee.
ALMA D. K A T .’.. X'ort i r t l .
Celery stalks stuffed with Roque­
fort cheese or cream cheese blended
with crushed pineapple may be
served instead of plain celery.
_rv’ ec:
SMITH.
i # i ? doh «i œ
Of
London.
w U 1 « IR X m 'Ò
Ì^
r A
X N n C E
IN S
UR
lu °°th e L'lDnKdom of O re s t
B rita in , on the 31st day of December,
1928. made to the lnaurance commis­
sioner of the state of Oregon, pursuant
“
C A P IT A L
1U
A m ount of cap ita l stock paid
UP premium
....................................
N et
s received d u /^
IN O Q M B
received
53.627.027 88
ln« the year v . . .i .------- - ■ »3.
In te re s t, dividends and rents
>6*281 43
received during the 9*88*
Incom e from other
sources
MO
received during the y e a r ...
22.483.32
54.028.872 42
T o ta l Income
D I8 B U
N et losses paid during tha
year Including adjustm ent
______ »1.489.488 47
expense« . . . . . . .
and s a la r lea
Commissions
gnd
paid du rln« Dte year . . . 1,073.60« 4Q
Taxes, licenses and fees paid
,
during the year ...................
>33.430 5«
A m ount of a ll other ex-
penditures ............................... 1.125.857 47
T o ta l expenditures
...........83.931.184 54
Value of stocks and honda
owned (m ark e t value) . . . . 5 « .^ 2 .963
C a s h In b a n k s and on hand. 1.420.186
Prem ium s In course of collec­
tio n w ritte n since Beptem-
ber 30. 1928............ ................
937.761
In te re s t and rente due and
accrued . . . — ...............
78.883
Reinsurance due from other
companies on paid losses.
11.010
T o ta l
adm it
eta
,
50
58
88
9«
20
...59.310.805 10.
- -
Gross claims fo r losses un-
paid ........................ ...............8 398.193 87
Am ount of unearned prem l­
uma
on » aU outstanding
t» ------ j .
4.303.600 OS
rlaka
-------
and
Due
for
commission
¡0.500 00
brokerage .....................
405Ì 671 60
A ll other liab ilitie s . . . .
T o t^ l lla b llltte a . exclusive
55.036.946 42
or cap ital stock
B U S IN E S S IN ORBOON FOR T H E YEA R
N et premiums received du r-
lnx the year .......................5
asses paid during the year,
Loss
sees Incurred during the
Los»
34.131 6«
T ¿ r
LO ND O N A LA N C A SH IR E IN 8 .
CO . L T D
H ENR Y W O R A Y . U nited States M a r
Its tu to ry resident attorney fc or service,
pu idle
d le y O. Allen, P ortland . Or.
ynopsla
nnu
Statem
ent of the
fORPK S H of
I R l A IN
S U al
RAN
C E OOMPAN
f Y o rk . In the state of England. • »
the 3le t «*•» ®< December, 1928. made
to the Insurance commissioner of »he
B tate pf O rc g o n .^ u ra u a n t to law:
2
A m ount of c au dal stock Paid
UP ................ ............................... 1300.000 00
ti«66U
E
received dur-
N et premium s
Ins
in
c the re a r ...........................82.663.933 94
lvldends and rents
In te re s t, dlv
during the r e a r ..
179.870 96
received d
_____ e from
other sources
Incom
froi
received durina the r e a r ..
70.169 45
T o ta l
« •» « •» 7 3 .3 6
N et losses .p a id during the
r e a r Including adjustm ent
expense! ....................... .
»1.442.618 02
Commissions
and
salaries
p a id aurlng the r e a r ........ ..
971.168 97
Taxea. licenses and fees paid
during the re a r r . . . . . . . . .
117.148 83
A m ount of a ll other expendi­
tures ........................................
312.614 4«
T o ta l expenditures
Afifirto
........ $2.744.550 27
Value of stocks and bonds
owned (m ark e t value ........ »3.831.440 00
Loans on mortaaaes and col-
10.000 00
la te ra l, etc. . . . . . . . . . . . . .
335.083 2»
ash In banks and on hand,
3.668 58
lx ir
iw . . .
ax
r e iu
f u iiu
n d , . Bta»v
state u»
of v Ohio
em lum * In course of col-
lection w ritte n since Sep­
459.351 33
tem ber 30. 1928.....................
R einsurance
collectible
on
79.768 85
M id I oa s t« ....... ..............
In te re s t and rents due and
37.928 18
accrued . . . . . ..................
g
»4.756.228 S3
T o ta l adm itted asseta
L ÌA B IL IT IE S
O ro s i claims for
fc
losses un-
M id
..
. . . . . . . .......... , 9 388.317 06
A m ount of unearned Prem l-
*
urns on
a ll
outstanding j
>15 »96 43
risks ...........................................3.»*5
96.389 67
A ll other liab ilitie s ..........
T o ta l llab llltlea. exclu­
ir » of
cap ita l stock' of
give
or _ ci
»3.798.503 99
>300.000 00
UBINBBS IN O R EO O N FO R T H E YEAR
et premiums received during
the re a r
..
..................*33-907 40
Losses paid durina the » « a r ... 26.61181
omcs Incurred during the
-
. . . . . . . . . . . 26.030 . I
»ear ........
Marne pf rom pan». Yorkshire Insurance
M ar. Ltd
W J B O I*. U
M a n a g e r!
jt u t a r r reM d *»t attorney for service.
In su rance Commissioner of Oregon.
8
L
Word« of Appreciation
Oratorical Conte«t Friday
A« a private citizen and city
The district oratorical contest on
marshal, interested in the appear- j
“The Constitution of the United
ance of our city, I wish to thank
States,” a part of the National Bar
Louis L. Peetz for the inception of a
association, will be held at Pendleton
“clean-up” day. I am sure I voice,
Friday evening, with contestants
the sentiment of the city council and
from Hood River, Wasco, Sherman,
citizens of Moro when I state that we
Gilliam, Wheeler, Morrow and Uma
all appreciate what was done.
tilla county eligible for entry.
The commercial club is to be con­
The state bar association, as a part
gratulated for the very efficient
of the national organization, is spon­
manner in which the various com­
soring the contest which is in no way
mittees, sponsored by them, re­
connected with the school déclama
sponded, and this illustrates what
tory contests now being held.
can be done by thorough organi­
The contest is nation-wide and
zation and cooperation.
contestants write orginal essays
Personally, I wish to thank the
which must be judged worthy of pre-
committee of which I was chairman,
sentatihn before the right to enter
for the enthusiasm shown by those
the oratorical contest la given. Win who participated on this occasion, as
ners at the contest at Pendleton will did also all the committees. .
compete in the state contest. Follow
The thanks of the city are also due
ing this, the Western district con­ to the ladies who participated in pro­
test will be held and finally the na viding and serving a splendid lunch
tional contest. ' A trip to South at noon in the basement dining room
America is the prize for the national of the Presbyterian church.
winner.
We would not be forgetful of those
The presiding officer Friday will who furnished and operated trucks
be S. D. Peterson, president of the for this occasion.
Umatilla County Bar association and
George A. Williams,
the judges will be W. C. Bryant,
City Marshal.
Moro, and C. L. Sweek of Heppner.
The third judge is not yet announced
A grater removes the burnt part
Timekeepers will be C. C. Proebstel
and A. C. McIntyre, Pendleton from bread or cake more easily and
orations are limited to 10 minutes. smoothly than a knife.
The contestants will be as follows
Manch E.„ Gadwa, Pendleton
We can fit all kinds of people^ Any
“The Constitution, Our Heritage.” size or weight. Crippled or deformed
Lucile F. George, Echo, “Amer feet. Wernmark’a Shoe Store, The
icanization.”
Dalles.
Iola Kimura, Hood River, “Liberty
and the Constitution.”
Ross Knotts, The fialles, “The Con
stitution, Our Priceless Heritage.
Emmajean Stephens, Moro, “Ofcr
Constitution.”
Clara Vanse, Milton - Freewater,
“A Masterpiece of Statesmanship.”
Richard Walter, Odell, “The Citi-
Made
Î zen, His Privileges j>nd His Duties
Under the Constitution.”
Hotel Moro
The House of Good Will
Owned by the City of Moro
Operated for the Benefit of the Traveling Public
and Sherman County Community
Under the Personal Management of
E. E. LARIMORE
Formerly of The Hotel Oregon, Portland
SPECIAL CHICKEN DINNER SUNDAYS 75c
DINING ROOM OPEN USUAL MEAL HOURS
Suddenly, out of a spring sky...
ll was well on the telephone front on April 27,1928.
Suddenly, out of a spring sky, rain began to fall, and
as night came on this turned into a furioua storm of
aleet, «now and wind. In 48 hour«, 3700 telephone
poles and 7000 miles of wire were down; 39 exchanges
were isolated; 11,000 telephones were silent.
A
Repair crews were instantly sent to the scene. In
record time 1000 men from five states were on the job.
Within 72 hours the isolated exchanges and tele­
phones were back in service.
In any crisis there are no state lines in the Bell
System. In all emergencies of flood or storm, as well
as in the daily tasks of extending and maintaining
the nation-wide network, is seen the wisdom of One
Policy, One System, Universal Service.
•‘T he T elephone B ooks are the D irectoby or the N ation ”
T he P acific T elephone A nd T elegraph C ompany
BELL SYSTEM
( h u P o lic y
- O»ft S y c t t m
• V n h r o n M S e r v ic e
D. J. BUTCHER, *
Manager The Dalles District
R e sta u r a n t
Shaniko, Oregon
On The Sherman Highway
Meals and Short Orders
All hours
Reasonable Prices
Regular Dinner 50c - Rooms 50c up
C ig a rs
and
T o b ac c o s
Soft Drinks and Confectionery
Dance Hall in Connection
Mr. and Mrs. H. Pullen, Proprietors
u n ttttttK tn tn tia w tim ttts im ttn u t
ADVANCE-RUMELÏ Combine Harvester
in 12-, 14-, 16- and 18- foot header
Federal Hay Superviaion
A few days ago a meeting of hay
dealers was held in the state market
agent’s office in Portland to consider
the question of having federal super­
vision of hay inspection established
for Oregon. E. C. Parke?, in charge
of hay stanardization and inspection
in the department of agriculture,
gave a complete and interesting
explanation of the system and of
the desirability of having such super­
vision in order to secure a uniformity
of standards and grades. w W. A.
Schoenfeldt, W. L. Close, A. F. Nel­
son, E. D. Gilman and B. W. Whit­
lock, all of the federal service, were
present, as were State Market Agent
Jones, Chief Grain Inspector Wright,
A. F. Tegart, N. Babcock, H. T.
Taube and G. T. Andrews of the
state inspection department and the
following dealers: J. E. Maylor, F. O.
Ziegler, W’m. Miller, C. E. Heitbrink,
W. G. Sumpter, Sam Winsler, T. L.
Sims. No decision was reached. >
No. 1 HILLSIDE ADVANCE - RUMELY COMBINE HARVESTER
Guaranteed to level up to 60% hillside grade
I am now ready to take orders for parts for machines in use in Sherman County
Has been proven a success in Sherman*County Harvest Fields by the pleased
results their owners Claim for it in Clean Threshing and Economy of operation
Office opposite Post Office, where larger room will this year permit me to
carry a Larger and More Complete Stock of Parts, Supplies, and Oil.
FOB . PRICES AND TERMS SEE
C. H. LA R SO N , M O R O , O REG O N
AGENT FOR SHERMAN COUNTY .
a
Folks needing shoe repairing leave
work with L. R. Conlee, agent, to be
Read the Observer for county news. Read and subscribe for the Observer. sent to M. L. Fritta at Grass VaUey.
T
it