Sherman County observer., April 19, 1929, Image 2

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The Sherman County Observer, Moro, Oregon, Friday A p rill$ , 1929.
9
— -v r
We Lead The World
C ITA TIO N
Open ftiver’ Started
O.S.C. Co-ed Debaters Argue That
Science Is Aid to Faith in God
Now is the tim e
to fix up your
MODEL T FORD
In the County Court of the Statt of
Oregon for Sherman County.
Columbia Valley Association
Arthur J. Decker, Plaintiff, vb .
(Continued from page one)
John Edwin Decker; Alvah Newton
The moot question ol acient«
Votes $50,000 for Study
Decker; Arlie Ingraham and John
and
religion
which
has
enlivened
Jay Decker, and all persona unnamed only by Mr. Ford’s subsequent use of
of Two Rivers
discussions in all manner of group»
or unknown having or claiming to it in his advertising campaign but
from the "hot stove council to
have any interest in the estate of also by the fact that the horse popu­
state legislatures and high courts,
Cecil E. Decker, deceased, as an heir
lation of the United States has drop­
has now come in for consideration
or distributee,
Defendants.
A budget fund of $50,000 to be
To John Edwin Decker, Alvah ped from 19 million in 1921 to about
by college coed debaters, f
used
in launching thorough study of
Newton Decker and Arlie Ingraham 14 million in 1928, a decrease of
Arguing the negative of the
navigation possibilities on the upper
IN THE NAME OF THE STATE iround 25%.
question, “Resolved, that modern
—
Columbia river and on the Snake
OF OREGON: You, and each of you,
science tends to destroy theistir
RIGHT now , a fte r w in ter lay-ups and w in ter d rivin g , is
Since
1921
has
come
the
combine
are hereby cited to appear in the
river,
has been voted by the Colum­
faith.”
two
members
of
the
Oregon
the tim e to go over your M odel T and find out ju st w hat
with
its
wonderful
labor-saving
and
courtroom of the County Court of
bia Valley association, an organiza­
State college coed debate squad
it needs in the way o f replacem ent parts and adjustments.
the State of Oregon for Sherman cost-reducing effects. In reference
tion of business men drawn from all
have lust Invaded California and
County, in the courthouse at Moro, to this Mr. Mount made the following
F o r a very sm all cost, you may be able to protect and
states tributary to the two rivers.
met teams there from the (ollrge
in Sherman County, Oregon, on Wed­ statement; last year
m ain tain yo u r investment in the car ana get thousands
of the Pacific at Stockton. I Inn er
nesday, the 7th day of August, 1929,
The Columbia Valley association was
o
f m iles o f ad d itio n al service. — ».... .^,2—>—
‘‘The
farmer
of
T928
will
be
pay-
-
aity
Of
California
at
Berkeley
und.
at ten o’clock in the forenoon of said
formed to determine the-feasibility
T o help you get the fullest use fro m yo u r car, the
day, and then and there appear be­ ing for a combine and a tractor
Mills college at Oakland
of navigation on the upper rivers.
fore this court and show cause, if any whether he buys them or not. And
F o rd M o to r Com pany is still devoting a considerable
Mamie Erickson of Bend, an.l
The association met at Portland
there be, why the facts should not he will now be paying a heavier
Opal Smith of Monmouth are the
section o f its plants to the m an u factu re o f M odel T parts
April
11, with Clyde E. Lewis, Port­
be found and the rights of heirship
two Oregon girls who maintain
>nd w ill continue to do so as long as they are needed
and distribution to the estate of Cecil penalty for his inefficiency than he
land, taking the office Of president.
that
science
and
faith
in
God
are
by F o rd owners.
paid in 1921.”
E. Decker, deceased, be decreed
Six vice presidents, previously
not In conflict but actually helpful
These parts are q u ickly available through F o rd deal­
set forth and prayed in the pej»tioi|
Already 15 different states out­
elected will compose the executive
One to the other. Science withmtt
of Arthur J. Decker on fue with the side of the hard winter wheat belt
ers in every section o f the country. Note tne low prices
faith, they say, obviously would tie
committee. They are: H. S. Rogers,'
clerk in this proceeding and with the are making official combine studies
in the p a rtia l list given below:
c o m t'l curse, but science dmni
clerk of this court, namely, for a
Corvallis; B. F. Stone, Astoria; E. A.
Piston and p i n .................................... ............................................ • } - J ®
through
their
agricultural
experiment
nated
by
the
spirit
of
religion
is
decree of this court aacerta.mng and
Cox, Lewiston, Idaho; James E. A key,
Connecting rod •
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the key to progress and the hope,
declaring the rights of all persons to stations. During the last four years
Pendleton, and Phil Jackson, Port­
Crankshaft -
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said estate and all interest t.ierein, exports in combines has increased in
of the future.
C
ylin
der
h
e
a
d
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land.
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and a decree as to who are the heir.’ '\cess of 85%. From $23,200,000 in
The Oregon team quoted M»
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legatees and devisees of the estate ox
Seventeen
directors
Will
guide
the
chael Pupln, the noted phvsicnt
Time g e a r .........................................................................
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the said Cecil E. Decker, and direct­ 1924 to around $45,000,000 in 1928.
destinies of the association. These
saying. “My beliefs as a s c i e n t i s t
■j.-—
»», ing
. 'lim e gear cover
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to whom distribution of the estate
American farmers have for years
(
r
a
n
k
r
.
s
e
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do not cdfitradict a single el«m nt
directors are:
of the said Cecil E. Decker shall be been the greatest producers per man j
M
agneto
eoil
a
s
s
e
m
b
l
y
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of
the
religious
beliefs
whi<
h
mi
One year term; A. M. J. Crabb,
made, and for such other and further
Fly wheel
*3 .0 0
mother and the people of he» na
order, as to the court may seem employed. We have been producing
Clarkston, Wash.; O. L. Price, Port­
Transm ission gear shaft
tire village held when I wa« a hov
five times as much as the average
land; F. R. Brown, Vanvouver Wash.;
Transm ission c o v e r ........................................................................
PrAND IN THE NAME OF THE throughout the world. This has been
Science has simply brought me to
Clutch pedal
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a
Truman
Butler,
Hood
River;
Henry
a higher, broiler view -of th e
STATE OF OREGON: You, and due to our ready adoption of labor-
Steering gear assembly (leas wheel and b ra c k e t) •
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8
Reed, Portland.
each of you, are further required to saving farm machinery. But this
Creator." ’
S tarter d rive
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Two year term : H. S. Rogers, Cor­
appear before this court at the time
Wherever science has explored
> G e n e r a t o r ....................................................................... ........
and place above specified and file showing is not good enough. Our
the universe, the Oregon girls said,
vallis; Clyde E. Lewis, Portland;
Battery
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answers setting up and exhibiting farmers have not kept pace with
C arb ureto r -
it has found unchangeable oidei
Phil
Jackson,
Portland;
James
E-
your respective claim of heirship, urban industry io labor-saving me­
V a p o rize r assembly (w ith f i t t i n g s ) .................................... V.OU
and law. This, they said, leaves no
Akey, Pendleton; H. R. Richards,
ownership or interest in the estate of chanical equipment. Great as our
R ear ax le sh aft
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«no
escape
from
the
conclusion
that
D iffe re n tia l drive g e a r .................................... 3 . 0 0
The Dalles.
the said Cecil E. Decker.
back
of
everything
there
is
a
deft
progress
has
been
in
agriculture,
it
This citation is served upon you,
Universal Jo in t assembly •
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Three year term: R. E. Shepherd,
nite guiding principle. Either thia
D rive sh aft p in io n
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and each of you, by publication there­ has been even greater in urban indus­
Jerome,
Idaho;
B.
F.
Stone,
Astoria;
law and order is the result ol hap
F ro nt a x le
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of once each week for six consecutive try. While the American farmer has
E. A. Cox, Lewiston, Idaho; Wesley
S p in d le connecting rod
hazard happenings o rJt is »he re
weeks in the Sherman County been unable successfully to meet
Vandercook, Longview; Frank L.
F ro n t radius rod
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suit of divine intelligence
1 he
Observer, a newspaper of general
R ^ d ia t o i^ f e M shell ( 1 9 1 7 - 2 3 ) .............................................
circulation published at Moro, in foreign competition in the sale of his
Schull, Portland.
Mamie Erickson, Bend, (above) most distinguished scientists them
Sherman County, Oregon, by order surplus in world markets, the Amer­
An effort will be made to obtain
R a d iato r— less shell ( 1 9 2 3 - 2 7 ) .............................................I * - ™
and Opal Smith Monmouth. Ora selves accept tha latter as far more
of the Honorable E. D. McKee, Judge ican manufacturer of farm machinery
reasonable.
the
services
of
Major
General
Edgar
gon
State
college
debater*
H
ood .....................................................................................................
of the County Court of the State of
Hood ( 1 9 2 6 - 2 7 ) b l a c k ..............................................................
Jadwin, chief of United States en­
Oregon for Sherman County, made has been able to compete success-
Gasoline ta n k
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gineers, as consulting expert for the
and entered on the 1st day of April, fully with the foreign manufacturers.
F ro n t fen d ers ( 1 9 1 7 -1 9 2 5 ) e a c h .............................................
This
has
been
true,
though
foreign
a pound and a 10-foot combine re-
F ro n t fe n d e r. ( 1 9 2 6 -1 9 2 7 ) e a c h ........................................................5 .0 0
association. General Jadwin is to
1929.
Witness, the Honorable E. D. I
eg are much lower than they are tails at 2 3 ^ c a pound, that both
R e a r fe n d e r. ( 1 9 2 2 -1 9 2 5 ) e a c h ....................................................... 3.75
retire from active army service in
R e a r fe n d e r. ( 1 9 2 6 -1 9 2 7 ) e a c h ............................................. <
McKee, Judge of the County Court
America Steel and other raw machines have fine high duty motors
June.
of the State of Oregon for the County in America, owei
R u n nin g b o a r d ............................................. *
¡-t?
of Sherman, with the seal of said materials are lower in foreign coun- and are ball-bearing throughout and Jos. Sanders W as An Early
Federal and state aid will be
H o rn (b a tte ry t y p e ) .............................................. ........
1.30
court affixed this 3d day of April, tries than in the United States. then compare the -cheapest automo­
sought by the association in event
H e sd la m p assembly ( 1 9 1 & 2 * ) ...............................................
T o u rin g ear top (1 9 1 5 - 2 5 ) com plete -
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2 7 .0 0
1929.
I America itself is the greatest market bile at 26 ^ c a pound, you get some
Settler In Sherman
private interests cannot be induced
T o u rin g ear top ( ( 1 9 2 6 - 2 7 ) com plete, includes c u rta in .
Attest:
for farm machinery in the w.orld. idea of what the farm machinery in
to undertake development of the two
County
Seal.
and cu rtain r o d s .......................................................... ........
G. C. AKERS, Clerk. I It is a free and open market. There dustry has done toward helping solve
rivers, the association said.
These prices are fo r parts only, but the charge fo r
is no
on farm machinery to ¡the agricultural problem. Even milk
_ 7 tariff
...
The sum of $50,000 to be used in
lab
o r is equally low. I t is b illed at a flat rate so you may
NOTICE
OF
FINAL
SETTLEMENT
|
protect
the
American
manufacturers.
cang
gen
at
29
^
c
a
pound,
a
lawn
-
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study
of
navigation
possibilities
will
N U I l V t v r r ir a e e s -
> a»a-a»*»a® . i p r o t e c t t n e A m iT i< .n n Iitoi»ux«avv—
know in advance what the job w ill cost.
by
aggocjation through
In the County Court of the State of There has been no tariff to protect mower at 30c, and an ordinary ash ’ Jos. Sanders, a resident of Moro
______ A « for
PzxnwIiT
I
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Oregon
Sherman County.
farm machinery
manufacturers
for can retails at the same price per for more than 30 years died iMt memberBhip dueg and gubscriptions.
In the m atter of the Estate of 25 years. They pay more for our pound as a combine harvester.
| Saturday morning at the Mid-Co
Approximately $82,500 will be spent
Tmma F. Hoskinson, deceased.
^ Notice
ia
hereby
given
that
the
I
raw
materials,
yet
achieve
cost
Consider
the
relation
of
tool
equip-
bia
hospitel
at
the
age
thll
year
a
Notice is hereby given that the
undersigned has filed in the above which keeps out competition. A ny-!ment to total investment in other- Funeral services under
entitled court his final report and body can compete without handicap industries. In the farm machinery of Zell Funeral Home were conducted
account of his administration of said
certainly Germany, France, Eng- ) ;n(justrv $2 00 is invested in tools for J from the Methodist church at Arling-
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K C r ' o H o S I toMl^taiy, all maiiui«*turil>g nation®»!
inverted in fac to ry , ton Sunday afteriBon foUowed b ,
a. m. of said day has been by the never needed business more than j buildings and land, yet the American graveside services con uc
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order of the court appointed as the they need ¡t now, yet they do not farTner jn J924 was spending less Arlington Masonic No. 88 of whicn
Mr. Sanders was a member. Active Oregon W heat Field» Are
ini
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,-n — e— au« »»-
t i —
m e and
__ the county court room
6 n as
I comPe^e- Excepting the product of than 3c out of every dollar for the
the court house at Moro, Ore of sa?d | a company in Canada, which operates tools of his trade. During the last pallbearers, from Moro, were S. P.
Reported Under Ten
the place for the hearing o. —.
,
report and acoount, the objections both a Canadian and American plant, three years, he has been spending Brisbine, J. C. Freeman,
Year Average
F. Cody,
thereto, if any, and the settlement of I no f arm machinery of any conse- more money on labor-saving equip­ Young, J. C. Hockman,
and
G.
A.
Williams,
members
of
the said estate.
quence of foreign make is sold in ment, and bis condition has been im­
Moro lodge 113 I. O. O. F., of which
listed and first published At Moro, I
Qtuto« Fvpn with lower
The farm market bulletin issued by
O uron, thia 6th day of April, 1929. the Umted SU U .. Even with lower proving, but it is not yet enough. Mr. Sanders was also a member. In­
The
total
income
of
the
people
of
the state market agent under date of
GUY L. HOSKINSON, Executor of wages, the failure of European
R. H. McKean, Manager, Wasco, Oregon
the Estate of Emma F. Hoskinson, I manufacturers to equip their plants the United States in 1926 amounted terment was in the family plot at April 16 states that reports received
Arlington,
beside
his
wife
and
two
Deceased. .
with American labor-saving machin- to 90 billions of dollars. This is
from the Umatilla wheat belt is that
Iaast publication, May 3, 1929.
ery, and get low cost mass produc greater than the total wealth of the sons.
considerable acreage of fall - sown
W. C. Bryant, attorney.
DEALERS IN »
Mr. Sanders leaves three daughters, wheat will have to be reseeded, but
tion,
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n, prevents
prcvciivo getting their costs United States 30 years ago. The
Mrs.
Grace
L.
Crum
of
Olex,
Mrs.
NOTICE OF FINAL SETTLEMENT I down where they can meet us. Not farm er-is not getting his full share
the general condition is said to prom
Lime, Plaster, Cement, Cedar Posts, Builders
In the County Court of the State of onjy do tbey not compete with us in „___
_ _ way is open fpr Frances Scott, address unknown, ise a good wheat crop. The state of
of this ________
income. The
Oregon for Sh®I7?an„C‘)u" t y-- .
the ope/i and unprotected American him to get it. He can get it in direct Mrs. Berth« Sagawe of Moro and the wheat crop in the states of the
Supplies, Lumber, Wood, Coal and Hay
K Axtell “dlSilsid.
m arket/ but we climb' over their proportion as he lowers his costs, and one son, Arthur L. Sanders, also of northwest, also in the country at
Notice’is hereby given that the un- tariff walls, and compete with them a8 his costs go down, his net goes up Moro.
large, the beginning of April this year,
MANUFACTURERS OF
dersigned has filed in the above enti- L n their own countries. American and the net is the thing that counts,
also last year snd the average for ten
tied court her final report and account farm macbinery is sold in every | The future of the farmer rests
years 1« »h own by the per centagea
C ard o f Thank»
i n d ^ i a V M o n d ^ t h e ^ g ^ d ^ o f country on the habitable globe. And largely in his own hands, just as the
following
We wish to extend our thanks and
April, 1929, at the* hour of 10 o’clock be it understood, that the American future of our own industry rests in
1929 1928 10-yr. Aver.
a. m. of said day has been by order of gens at no lower price abroad than Our hands. I have full faith in his appreciation to everyone, and espe­ Oregon
91.0
93.0
-86.0
the court appointed as the time and be feljg jn tbe United States. Low ability
......
and in his willingness to cially the Masonic and Odd Fellow Wash.,
83.0
m m m nxnm nntnantnntum nnnxnnxaunm m m nm utm nm m nm nm m nx«»
94.0
75.0
f o 'u ^ o 'r o ^ O ^ o n . «
X “ Production co.«. I. the r c o n .
profit by the lessons of the past, and* lodges and Mrs. Pyle, for their kind­ Idaho
92.0
89.0
90.0
80.9 -
68.8
82.7
for the hearing of the said report and
This is why today American farm to improve his methods in the future. nesses and assistance during the ill­ U. S.
C. V. Belknap, Proprietor
account, the objections thereto, if machinery is today selling at a lower He is entering 1929 in better con­ ness and passing of our father and
any, and the settlement of the said prjce both here and abroad than any dition than at any time in seven years. grandfather.
In cooking asparagus it is well to
Mrs. Bertha Sagawe and family.
«•tRt«.
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I other make of machinery, that it is I look with full confidence into the
Dated and first published at Moro,
tie it in small bunches, cooking the
Mrs
Gracie
L.
Crum
and
family.
future,
in
the
firm
belief
that
the
Moro, Oregon
Oregon, this 29th day of March, 1929 [ selling at a price lower than auto­
lower stocks in boiling water
Arthur L. Sanders and family.,
mobiles, lower relatively than any American farmer will take and con­
Last publication, April 26, 1929.
tender and then the heads for three
tinue to hold his rightful place as the
Ladies and Children’s Hair
BESSIE AXTELL, Administratrix of other factory product in America.
or four minute«- This makes it easy
the Estate of Ira K. Axtell, deceased.
When you consider that a 3-plow most efficient food producer of all
Cutting and Shingle Bobbing
W. C. Bryant, attorney for adminis-
•— C. H. Larson. Moro. Read and subscribe for the Observer. to arrange them for serving.
5tm29a26 30 horsepower tractor retails at 20c time.
tratrix.
O-
Death Calls Pioneer
F ord M otor C ompany
Mu«l ReSeed Fields
j
W.
*
A, M
-
Independent Warehouse
& Milling Co.
M IL L FE E D A N D F LO U R
Moro Hotel Barber Shop
KO
vo. 7«
Syxopsls of ths Annual Ststcm ent of Tne
S a n k « » R sservt Life Company of O'“*“*-
In tks Slate of Nsbraakn, on tbs thtrty-
ttrst day of December, i ”2/ , ____ __ - ***0
Jneursnoe C om m ik elon er of tbs S tits of
Oregon, pnrausnt to law:
CAPITAL -
Amount of capital stock paid .p ,
1100,000.00
_
‘ INCOME
Total premium ineome for tbs year,
85» 28.
b tarn st, dividends and rents received
daring tks year, fl8 4 ,2 0 5 .7 8 .
T o ta l income, 55,000,003.84.
DISBURSEMENT#
Paid for loasea. endowments, snnuities
snd snrrender vslues, S035.1S4.07.
Dividends paid to policyholder» daring
tks year, S430,308.8S.
Dividend» paid on capital stock during
Ike year, S 10.000.00.
.
Commissions snd salaries paid during
U s y».r, tSM .SSS.M .
Taxes, lleeneee and fees paid during
the year, SI 14 317.OT.
Amount of all oluer expenditure», 5*.-
S04.074.05.
Total expenditures, SS.047.287.4S.
ASSkTS
▼alse of real eatate owned (market
rslns^, $850.216.24
____ of stocks snd bonds owned (mar­
ket or amortiaod value).
Ix>ans on mortgages snd collateral, otc..
S LS4d.480.00.
________
Frenai am notes and policy loans. 8>.-
787,174.81.
<jask in banks and on hand 8512,858,92
Vat uncollected and deferred p rem iu m s.
8261,188.86.
I n te r e s t and reals due and accrued,
6168,805.30.
Tesai admitted esaeta. 820,027.245.80.
L IA B IL IT IlS
KaS reevves. 616.682.046.00.
Oresa claims for loste» m
anpi i d . 876.
«18.86.
All «A ot llehllltlea. 615.070.118.70.
K lp l liabilities, exclusive of capital
steefr eT 6100,000—«16.415,876.85.
BUSEM RS IV ORÉOON
. « FOR THE TEAR
«rea» premiarne received luring the
peer. 888,836.75.
Prim*T— sad dividends returned dur
A e year, 68.828 82.
I paid during the year, 624.240.86
__ e f company— Tha Bankers Re-
as 700
L. S ^ b .
VMM
af aecretary— I .
L. Dean.
NO
OS
Synopsi» of Ih» Annual Statement of lb«-
Springfield Fire A Marine Insurance Co..-
o f Springfield, in the State of Maaaachu»
ott», on the thirty first day of December,
1028 made to tbs Insurance Commiaaion-
er of the State of Oregon, purausut to
UW:
CAPITAL
Amount of capital stock paid up,
84,500,00000.
____
INCOME
premiums received during tks year.
. Nat
. . . pferaiumi
SI«,005,»»»r»<».
—-
, .
Interest, dividends end rents received
during the year, 81,229,271.63.
Income from other sources received
during tha year. 8221,820.28.
T<,“ ‘
-
Net losses paid during the
*“<■'“d‘
ing adjustment expenses, S M 80.744.25.
Dividends paid on capital stock during
the year. 8859,000.00.
Commissions snd salaries paid during
the year, 85,244,802.20
Taxes, licenses and feea paid during
tha year. 8670.102.88.
Amount of all other expenditure», SI.-
482,004 06.
.............. . . . . .
Total expenditures, 816,576,144.38.
\8SKTB
Vain» of real estata owned (market
value), 8368.655.08.
Value of stocks and bond» owned (mar-
ket value), 820.868,420.50.
l.o.ma on ■lortgagos and collateral, ate.,
81.718.WO.OO.
.....
Caah in bank and on kaad. 83.038.-
1’ premium» In eourae of collection writ-
ton ainea Sept. 30, 1028, 82.814.155.45.
All other asset», 8172.485.56.
Interest and rente due and accrued.
8228,471.87.
B ills receirabla. 615.653 33.
Total admitted assets. 687,088.868.67.
LIABILITIES
•
Gross claims for losses unpaid, 61.-
726.687.37.
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t
„
Amonnt of unearned p rem in ms on an
outstanding risks, 816,113,650.48.
Dus for commiaaion and brokerage.
880 000.00.
,
All otker llablllUee. 62.188,000,00.
Total liabilities, axelualva o f cupltml
stock ef 64.600,000.00—«20.007,137.75.
B U H IV kps IV OREGON
FOR THE TEAR
Vet ^raealuMe received during tha year,
’ 'boasea paid durlur tha year. 864,410 18
Leasee incurred dnring the year, 873,-
265.37.
Mama e f Company— Springfield Eire «
Marine Insurance <3e.
• ~
,
Name of president— Oeorre O. Bulkley
Name of secretary— E. Hi Hildreth.
Statutory resident atterney for aervlca
—A. f .
B o Id ea ,
tt.
C seetltx f i uaderwrltera ef the Spring
field V. A X . le e . Oe.
Vet p reaaiu aA $10.10t.8e.
I » • • • « p a id , 61.512 87.
¡iSS V c k
8U
o..„
17
Synopsis of the Annual Statem ent of
ituiail HardWaie M utual Fire insuren
Company of Minnnapotia, in the State o
Minnesota on the thirty-first day o f De­
cember, 1928, made to the Insurance
Commissioner of the State of Oregon, pur-
N 0 81
.
Synopsis of Annual Statement of The suant to law :
Homeland Insurance Company of America,
CAPITAL
of New York, in the State of New York
Amount of capital stock paid up,
on the th irty ftrst day of December, 192H none.
made to the Insurance Commissioner of
INCOME
the State of 0 re^ p
r f 1 ** ***=
Net premiums received during the year,
83,247.500.17.
Amount of capital stock paid up. 8000,
In te r e st, d iv id en d s and rents recolvedi
during the year, 8 1 9 3 ,3 6 0 .9 3 .
000.00.
INCOME
Income from other sources received
Net premiums received during the year, during the year, 24,869.89.
T otal incom e, $¿¡.445,750.99.
8405,144.81,
.
. ,
Interest, dividends and rents received
D IS B U R S E M E N T S
during the year, 839.972.42.
N ej le ss e i paid during the year includ-
Income from other sources received
ig adjuatniei.t expenses, 690 3 ,2 5 3 .8 7 .
during the year, 82,258.39.
Dividends paid during the year. 8k.-
Total income. 2»47,376.12.
291,178.87.
.
,
DISBURSEMENTS
Commissions and salaries paid during
Net losses paid during the year indue- the year, 8411,367.50.
ag adjustment expenses, 866,575.52.
Taxes, licenses and feel paid during
%
• ' paid
' ■ on
---------
J " stock during the year. 853.159.80.
_ividendr
capital
Amount of all other expenditure»,
V 8 8 « t Au
tie
_ w ,
the P J year,
Nil.
Commissions and salariea paid during $163,872.90.
Total expenditures, $2.822.627.94.
the year. 6107,664.14.
Taxes, lieenaea and fee» P»>d during
ASSETS
Value of real estate owned (market
the year, 815,860.80.
Amount of all other expenditures. value), $306,596.50.
“ Value of bonds owned (market value).
$ Total expenditures. 8240,557.53.
$3 320.918.95.
A88ETS
Due from Reinsuring companies (Sched­
Value of real eatata owned (m arket ule E), $1.524.67,
Cash in banks and on hand. $286,-
value), Nil
Value of stocks and bonds owned (mar­ 172.44.
ket va'lusT. 81.018.742.00.
Premiums in course of collection writ­
Loans on mortgages ant, collateral, etc.. ten since Sept. 80, 1928, $466,159.61.
Interest and rents due snd arcrusd,
Nil
Cash In hanks and on hand 884,870.07. $60.515.39.
Premiums iu course of collection writ
Total admitted assets. $4,441,887.56.
LIABILITIES
ten since Sept. 80, 1928, 8147,575.89.
Interest and rente due and accrued,
Gross claim» for losses unpaid, $16L-
811,855.85.
.
008.09.
„
Reinsurance recoverable on paid losses.
Amount of unearned premiums on all
outstanding
risks,
$2,050,196.80.
*2T^tal admitted assets, 81.264,412.31.
Due for commission and brokeragsi
LIABILITIES
oa(T 815,436.60.
Gross claims for losses ihjpsid. 827,387. * All ether liabilities, 869.983.88.
Total liabilities, exclusive of surplul
Amount of unearned praa»iums on all
of 82,140.268.89— 82.801.618.87.
outatanding risks, 8368,769.88,
Due for commiaaion and brokerage,
BUSINESS IN OREGON
FOR THE TEAR
82 025.00.
Net premiums received during the year
All other liabilities. 815.929.87.
Total liabilities, ax<luaiva of capital $23,311.72.
-
■ _
stock of 6 6 0 0 ,0 0 0 .0 ^ -8 4 0 9 .1 0 1 .6 7 .
Losses paid dnrinr the year. 84.858.31
___________OREGON
" Ixissea incurred during tha year, «4»
BUSINESS
IN <
FOR THE TEAR
397 21.
*
Name ef company— Retail Hsrdwart
Nat premiums received during tba year
Mutual
Fire
Insuarnca
,company.
81.846.18, * _
,
.
...
Name of president—Ohaa. F. I s d nee.
LoaeeS paid during tba year, 641.18.
"
e
of
secretary—Thoa.
<?. McCh-sahal
lo s s e s Incurred daring the year, 61.
Na
ildent. attorney for ear
749.18.
_
•
. . .
rti«r'Portland,
Oregon.
°,7. Marti
Name ot company— Tha Homeland In vies
auranee Company of America.
ams o f p r .a id e n t — C. F. ShSllcrosa.
ami ef aecretary— Robert Newboult.
S u tatory reeideat atterney for service
—H. R. Smith. Portland, Ora.
S
People who use the advertising columns
of the Sherman County Observer invari­
ably say that they get the very best of
results.
NO. 84
S tatem ent —
B
J D O p iI i
iiu u u i
Synopsis
of n Annual
Transcontinental In iu ra n ceC o m ^ a n j
New York, in the State of New
th« thirty first day of December. 19
made to the Insurance Commissioner
e
NO. 69
tha State of Oregon, pursuant to law:
pels of the Annual Statement of the
CAPITAL
American
Credit
Indemnity Company of
Amount of capital stock paid up.
New York of St. Louis, in the State of
8800.000.00.
Missouri,
on
the
tiiirty-fitst day of De­
’
INCOME
Net premiums received during the year, cember, 1928, made to th« Insurance
Commissioner
of
the
State of Oregon, pur­
8707,408.81.
A
.
T Interest, dividends, and rents received suant to law:
CAPITAL
during th . yAtr, 8«feu« 23
.
Amount of capital stock paid op.
Incoaaa^; fr«»P other source, received
$1,000,000.00,
during the year, $1,314.00.
INCOME
T ...I
Net premium» received during the yosr.
N«t losses paid dur.ng ‘he year includ $2.212.628.61,
Interest, dividend» and rent« received
lag adjustment expense
$423.790 49.
,
Dividends paid on c. Hal atock dur­ during the year, $184,184.11,
Income from other sources received
ing the year. None.
paid during during the year, $11,153.98.
Commituons and
Total income, 62,407,966.70.
tha year. $242,599.38
DISBURSEMENTS
Taxes, licensee and feos paid during
Net losses paid during fhe year includ­
ah» year, $7,446.70.
ing
adjustment
expenses, $1,066,350.73.
Amount of all other expenditures. $99,
Dividends paid on «apita 1 stock during
f*T otal expenditures. $773.634.72
the year, $160,000.00. -
Commissions and salaries paid during
Value of stocks and bouts owned <mar
the year. $765,213.72.
ket value, $734,820.00.
Taxes, licenses and fees paid during
• Value of real estate ow net (market
the year. $¿9.231.90.
valu e), non«.
Amount of all other expenditures.
Loans on mortgages snd collateral.
$448,377.61.
Total
expenditures, $2,499,173.96.
A88ETS
A8SET8
>
Cash ln banks and on hand, $469,-
Value of stocks and bonds owned (mar­
793.93.
‘
’ Premiums In course of collection writ­ ket value). $3.709.560.00.
Cash in banks and on hrnd $294,579.65
ten sin e. Sept. 80. 1928. $239 007.48.
Premiums in course of collection writ­
Interest and rents due and accrued
pud reinsuranse recoverable on paid loasea ten since Sept. 80, 1928, $222 594.00.
Interest and rents due and accrued.
* 2TotaTaa<i»Hted assets, $1.406.084 68.
$54 398.88.
,
Total admitted assets, $4,281,132 5$.
T
LIA B IL IT IE S-
LIABILITIES
Gross claim» for lorses unpaid, $125.
Gross alaims fpr losses unpaid, $858,-
#07.05.
„ *
Amount of unearned premiutps on all 999.88.
Additional reserve for losses, $400,000.
outstanding risk..
Amount
of
unearned premiumh on all
Due for commission and brokerage.
o u tsta y in g risks, $1,11 ft‘,588.99.
All other liabilities, $162.584.18.
B°A li other liabilities. $88,000.00.
Total liabilities, exclusive of capital
Total liabilitie». exclusive of capital
stock of $1.000,000— $2,477,167.65.
atock of 1 3 0 0 0£0— $655,024.05.
¿U SIN fcaS IN OREGON
BUSINESS IN OREGON
FOR THE YEAR
FOR THE YEAR
Net
premiums
received during tha yoar
Nat premiums received during the year
$24,546.08.
SI 70S 23
Losses
paid
during
the year, $17,082.96
* L oom » incurred during tbe year $7 50
Loss«» Incurred during the year, 617,-
Losses paid during the year. Nil.
4
_ .
- Name «f company— Transcontinental 082.96.
Name of company— American Credit
Insurance Company.
Nirni o i ▼»«••pretidesl— P ^D . Layton. Indemnity Company of New York.
Nime of prefldent— J. F. McFacdoa.
Kama of aoerotary— C. B. Raulet.
Name of aecretary— L. J. Nouss
Statutory roaldent attorney for aarvtce
Statutory
resident attorney for as
— L. 8. Ilopfield, Wilcox Bldg-. Portland.
vies— W. £ Marsh.
Oregon.
BATHS
NO. 77
Synopsis of Annual Statement of the
U. $. Bxuun h Suu
O ttU* Ltd.,
of London, in the Kingdom of Great Brit-
i and Ireland, on the thirty-first day
of December, 1928, made to the Insur­
ance Commissioner of the State of Ore­
gon, pursuant to law:
,
CAPITAL
Amount of Statutory Deposit paid up,
$400.000.00.
INCOME
Net premiums received during the year,
$4,562,919.15.
Interest»’ dividends and rente received
during the year, $299,215.82.
Income from other sources received
during the year, $1,105,821,43,
Total income, $5,967,956.42.
1
DISBURSEMENTS
Net losses paid during the year includ­
ing adjustment expenses, $2,123,315.07
Commissions and salaries paid during
the year. $1,414.514.06.
Taxes, licenses and fees paid during
the year, $189.392.17.
Amount of all other expenditures. $2.-
132,283.26.
Total expenditures, $5,859.504.56
ASSETS
Value of stocks and bonds owned (mar­
ket value), $6.729.038.15.
Cash in banks and on hand, $561,-
17* a«. _
■“ Premiums in course of collection writ­
ten since Sept. 30, 1928, $943,638.15.
Interest and rents due and accrued.
$72,101.37.
Other assets. $34,249.28.
Total admitted assets. $8.840.205.29.
LIABILITIES
Gross claims for losses unpaid. $696,
031.00.
Amount of unearned premiums on all
outstanding risk», $4,611,786 08.
- .«
Due for commission and brokerage.
$21,000.00.
All other liabilities, $275,833.79.
Total liabilities, exclusive of statutory
deposit o f $400.000— $5.604,150.82.
B U 8IN E 88 IN OREGON
FOR THE Y E A m
Net premiums received during th . yoar.
$37,951.94.
•
Losses paid dnring the year $20,490 48.
Losses Incurred during the year, $20,-
787 99.
Name of company— U. S. Branch Sun
Insurance Office Ltd.
Name of president— 0 . Tregaskis.
Name of secretary— Elliott Middleton.
Statutory resident attorney for service
— Insurance Commissioner.
NO. 1
Synopsis ef tbe Anti« .1 Statement of the
Oregon Life Insurance Company of Port­
land in the State o: Oregon on the thirty-
first day of December, 1928, made to
the Insurance Commissioner of the 8tate
ot Oregon, pursuant to law:
. '
-------------- CAPITAL———•--------
Amount of
$100,000.00.
capital
slock
paid
np
INCOME
Total premium income for tha year,
$1,680,101.01.
Interest, dividends and rents received
during the veer, $421,502.09.
Income from other sources received
during the year, $173,502.27.
Total income. $2,275,105.87,
,
■ DISBURSEMENTS
Paid for losses, endowments, annuities
and surrender values, $584,709.48.
Dividends paid to policyholders during
the year, $238,072.86.
Dividends paid on capital stock daring
the year, $7,000.00.
Commissions and salaries paid dnring
the year, $310,978.06.
Taxes, licenses and tecs paid daring
the j year, $31,943.55.
mount of all other expenditures»
Am
1,562.54.
$171.
Total expenditures, $1,844,265.94.
A8SETS
.Value of real estata owned (market
value), $197,717.71.
Value-of stocks and bonds owned (mar­
ket or amortised value), $5,206,310.85.
Loans on mortgages and collateral, ate.,
81J01S,802.87.
t>
Premium notes and policy- loans,- $1,*
981.144.95.
Cash in banks and on hand, $44,598118
Net uncollected and deferred pramlnmg,
$217,820.96.
Interest and rent» due and accrued,
$98.880.61,
Other assets (n e t), $1,978V)0.
Total admitted assets, $8,706,192.87,
LIABILITIES
Net reserves, $6,959,140.00.
Gross claims for losses unpaid, $15,880.
All other liabilitlaa, 8809.058.91.
Dividends apportioned to polieyholderg
payable ln 1929, $981,104.5(1.
Total liabilities, exclusive ef capital
stock of $100.000.00. $8.109,576.41.
BONINESS IN OREGON
.O O R R THE
YEAR
F
----------------
Gross premiums received during the
year. $1,855,486.91.
Premiums and dividends returned dnr
ing fhe year. $196.116.89.
Losses oaid durlnf the year $908,188,
Name or eompaay— Oregon Life laser-
anca company.
Name of president— C. F. Adams
Ñame of Secretary— W. P. Stalaakar.
- Statutory resident attorney for servie« <
— Teal, Winfraa, McCulloch A Shale«.