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About The Hermiston herald. (Hermiston, Or.) 19??-1984 | View Entire Issue (April 22, 1943)
(Continued from page 5) Commis. & brokerage due 491,042.96 Other liabilities 10.100,889.66 Total liab. except capital 42,917.057.34 Surplus over liab. 7,000,000.00 7,000,000.00 Policyholders surplus 49,917,057.34 Total 1942 BUSINESS IN OREGON 6.603.44 Premiums reed. 15,121.57 Losses paid Lumbermen’s Mutual Casualty Co., James S. Kemper, Pres., H. G. Kem per, Sec.. B. L. Hefler, Atty, for Ser vice. Synopsis of Annual Statement of the HARDWARE MUTUAL CASUAL TY COMPANY of Stevens Point, in the State of Wis consin on the 31st day of December, 1942, made to the Insurance Commis sioner of the State of Oregon, pur suant to law: INCOME FOR 1942 12,902,478.40 Premiums reed. Int., divids. & rents reed. 333,541.57 24,455.46 From other sources 13,260,475.43 Total income DISBURSEMENTS FOR 1942 Losses & adjust, exp. pd. 5,879,922.09 2,074,442.42 Commis. & salaries 278.974.34 Taxes, licenses & fees Divids. pd. policyholders 2.569,632 34 857,892.79 Other expenses 11,660,863.98 Total expenditures ADMITTED ASSETS 578,167.32 Realty Mkt. val. 33,393.00 * Mortg. & collat. loans 13,827,404.68 Bonds. Amortz. val. Cash in banks & on hand 2,167,369.00 Premiums in collection 828,314.82 Int. & rents due & acerd. 39,936.14 Other assets 92.459.08 Total admitted assets 17,567,046.04 LIABILITIES 6.462,632.70 Claims unpaid 5,130,984.73 Unearned premiums 34.96 Commis. & brokerage due 1,676.655.48 Other liabilities 690,000.00 Gen. voluntary reserve Total liab. except Guar. 13,960,307.87 Fund 500.000.00 Guaranty fund Surplus over liabil. 3,106,738.17 3.605,738.17 Policyholders surplus 17.567.046.04 Total 1942 BUSINESS IN OREGON 106,764.61 Premiums received 38.835.02 Losses paid Hardware Mutual Casualty Co., Carl N. Jacobs, Pres., Joseph B. Beach. Sec., Atty, for Service Ins. Comm’r. Synopsis of Annual Statement of the AMERICAN MOTORISTS INSUR ANCE COMPANY of Chicago in the State of Illinois on the 31st day of December, 1942, made to the Insurance Commissioner of the State of Oregon, pursuant to law 750,000.00 Paid-up capital INCOME FOR 1942 Premiums reed. 11,144,782.62 Int., divids & rents reed. 61.828.44 From other sources 41,203.01 Total income 11,247.814.07 DISBURSEMENTS FOR 1942 Losses * adjust, expenses 4,581,264.92 paid 2,186.329.56 Commis. & salaries 195.471.16 Taxes, licenses & fees 60.000.00 Stock divids, paid 1,789.515.33 Other expenses 8.812.580.97 Total expenditures ADMITTED ASSETS 109,198.03 Realty Book value 92,069.70 Mortg. loans 8,750.334.89 Bonds Amort, val. 378,300.00 Stocks, mkt. val. Cash in banks * on hand I 3.030.598.24 419,274.36 Premiums in collection 17,402.31 Int. & rents due & acerd. 10.528.06 Other assets (net) 12,807,705.59 Total admitted assets LIABILITIES Claims unpaid 5,779.327.19 Unearned premiums 2.536,188.00 Commis. & brokerage due 77,533.63 Other liabilities 2.164.656.77 Total liabil. except cap- 10,557,705.59 Capital Stock 750,000.00 Surplus over liabil. 1,500.000.00 Policyholders surplus 2,250,000.00 Total 12.807.705.59 1942 BUSINESS IN OREGON Premiums reed. 5.254.23 Losses paid 776.39 American Motorists Insurance Co., James S. Kemper. Pres., H. G. Kem per, Sec., B. L. Hefler, Atty, for Ser vice. _ ______ Losses & adjust, expenses 319,769.04 paid 314.337.04 | Commis. & salaries pd. 29.790-34 Taxes, licenses & fees 217,925.76 Divid. pd. policyholders 82,658.58 Other expenses 964,480.76 | Total expenditures ADMITTED ASSETS 96,000.00 Realty Mkt. value 3.200,589.13 Bonds, Amort, val. 314,033.00 Stocks Mkt. val. , 230,958.71 1 Cash in bank & on hand 106,936.15 Premiums in collection 24,068.96 Other assets 3,972,585.95 Total admitted assets LIABILITIES 99.656.08 Claims unpaid 797,056.44 Unearned premiums 28,500.00 Commis. * brokerage due 431,601.44 Other liabilities Total liabil. except cap. 1,356,813.96 250.000.00 Guaranty Fund Surplus over liabil. 2,365.771.99 2,615,771.99 Policyholders surplus 3,972,585.95 Total 1942 BUSINESS IN OREGON 13,005.23 Premiums reed. 1.358.46 Losses paid Pennsylvania Millers Mutual Fire Ins. Co., John Hoffa, Pres., Ira J. Milligan, Sec., Comm’r. of Ins., Salem, Ore. 19,152.94 Divid. paid policyholders 18.000.00 Stock divids, paid 155,442.95 Commis. & salaries 38,788.87 Taxes, licenses & fees 245.422.20 Other expenses 781,410.55 Total expenditures ADMITTED ASSETS Realty (market value) 1,261,065.97 Mortg. & collateral, etc. loans 1,085,486.51 Bonds, ( amortized ) 2,876,693.19 240.00 Stocks, (Book value) Prem, notes & policy loans 885,890.47 Cash in banks & on hand 415.597.01 Int., rents due & accrud. 48,637.89 Uncollected & deferred premiums 106,372.82 183.14 Other assets (net) 6,677,800.72 Total admitted assets LIABILITIES 4,933,240.88 Net reserves 17,495.05 Claims unpaid 549,379.72 Other liabilities Total liabili., except cap. 5,500,115.65 300.000.00 Capital paid up 877,685.07 Surplus over liabili. 1,177,685.07 Policyholders surplus 6,677,800.72 Total 1942 BUSINESS IN OREGON Premiums & annuities reed. 6,365.66 Dividends paid 25.16 Losses, claims, endow, etc. pd. 53.00 Midland National Life Ins. Co., J. Synopsis of Annual Statement of the J. Bell, Pres., F. L. Bramble, Sec.. MIDLAND NATIONAL LIFE INS. Commr. of Ins., Atty for Service. CO. NOTICE OF LAND SALE of Watertown, in the State of South Dakota, on Dec. 31, 1942, made to the NOTICE IS HEREBY GIVEN. Ins. Commr. of the State of Oregon, That the undersigned. Sheriff of prusuant to law: 300,000.00 Umatilla County, Oregon, by virtue Capital stock INCOME FOR 1942 of an order duly made and entered 726,749.00 herein by the County Court of Uma Premium income 322.419.06 tilla County, Oregon, on the 16th day Int., divids. & rents 72,460.00 of April, 1943, will, on the 25th day From other sources 1,121,628.06 of May, 1943. at the hour of 10:00 Total income 1942 DISBURSEMENTS FOR 1 o’clock in the forenoon, sell to the 304,603.59 highest bidder for cash at the front Losses, endow., etc. paid I door of the Umatilla County Court j House, Pendleton, Oregon, subject to | a minimum price of $15.00 therefor, to be paid in cash, at the time of sale; the following described parcel of land. heretofore by Umatilla County, Ore- gon, acquired for delinquent taxes, to- wit: Lots 8, 9 & 10, Block 7, Newport’s Addition to City at Hermiston, Umatilla County, Oregon. R. E. GOAD, Sheriff of Umatilla County. (April 22-May 20) NOTICE OF MEETING OF THE COUNTY BOARD OF EQUALIZATION Notice is hereby given that the County board of equalization of Uma tilla County, Oregon, will meet at the County Court House on Monday, May 10, 1943, and continue in session for thirty days. Petitions for adjustment of assessments must be presented not later than fifteen days after the con vening of the board. D. W. DAVIS, County Assessor. (April 19-26-May 3) NOTICE OF SALE Carl NOTICE OF FINAL HEARING Notice is hereby given that F. B. Pennock, executor of the estate of Harriet J. Pennock, has filed his final account in said estate in the County Court of the State of Oregon for Umatilla County, and said court has fixed Monday ++7 .1— 22.1 2— ‘ April, 1943. at 10 o’clock a. m. of said day as the time, and the county court room in the county court house, Pen- dleton, Oregon, as the place for hear ing objections to said final account and the settlement thereof, at which time any persons interested in said estate may file objections to said final account or to any item thereof and contest the same. Dated March 24, 1943. F. B. PENNOCK, Executor. C. C. PROEBSTEL Attorney for Executor. (March 25-April 22) OVER THE TOP i)7 FOR VICTORY y/ with E UNITED STATES WAR V BONDS-STAMPS advertisements about the men who manage PP&L business in Oregon and Washington e WILLIAM HOMER BEALE, (left), PP&L’s District Manager at Pendleton, looks over a "Round-Up” horse with Lester Hamley, President of the famed cowboy outfitting company. Homer, a native of the Northwest and graduate of Washington State, started in with PP&L 22 years ago as a lineman’s helper in Pomeroy; worked his way up as meter tester and local agent, becoming Manager at Goldendale, where he served 6 years before moving to his present job. > • % . .27. . . -4. ... pendlet • There’s quite a piece of country in our Pendleton District. It stretches across the wheat lands and over the hills to Heppner, Lexington and Ione. Then there’s Hermiston, Umatilla, Stanfield, Echo, Pilot Rock, Helix, Adams, Rieth. And, it takes a lot of “know how” to meet all the differ ent electric service problems to be found in such an ara. But, the PP&L organization is accustomed to meeting all kinds of problems, and has the system resources to back up every one of its 12 operating districts. It’s a team organization, tested by experience and full of resourcefulness. And when some unusual problem arises, the key men know that expert advice and help is no farther away than the telephone. This has a lot to do with the fact that your electric service goes on, with out your thinking about it, 24 hours a day, and 365 days a year. It’s one of the things you don’t have to worry about—and one of the few things that isn’t costing more money. In fact, PP&L’s average residential rate today is less than half of what it was 15 years ago— exactly 43% below the present low U. S. national average! Every visitor who ever has seen Pendleton at “Round-Up" time is sure to carry away a colorful picture of that world-famous four-day celebration. But that is only a part of the Pendle ton story. The year around, this area presents a pageant of productivity—against the deep and stirring backdrop of the Blue Mountains. Wheat, cattle, sheep, timber, hay, saddles, and cow ponies! They're all a part of the economic picture. In the W. ecy: Synopsis of Annual Statement of the PENNSYLVANIA MILLERS MU TUAL FIRE INS. CO. of Wilkes-Barre in the State of Penn- sylvania on the 31st day of December 1942 made to the Insurance Commis- sioner of the State of Oregon, pur- • uant to law: INCOME FOR 1942 Prems, reed. 1,109.223-71 Int., divida. * rents reed. 141.939.94 700.00 From other sources Total income 1.261 868.65 DISBURSEMENTS FOR 1942 NOTICE OF LAND SALE House, Pendleton, Oregon, subject to a minimum price of $60.00 therefore, to be paid in cash, at the time of sale; the following described parcel of land, heretofore by Umatilla County, ac quired for delinquent taxes, to-wit: Lots 11 and 12, Block D, First Ad dition to City of Hermiston, Uma tilla County, Oregon. R. E. GOAD, Sheriff of Umatilla County. (April 1-29) ____________ NOTICE IS HEREBY GIVEN, | IN THE COUNTY COURT OF THE That the undersigned, Sheriff of STATE OF OREGON FOR Umatilla County, Oregon, by virtue UMATILLA COUNTY of an order duly made and entered herein by the County Court of Uma In the Matter of the Estate of Pet tilla County. Oregon, on the 30th day er S. Neadeau, Deceased. of March, 1943, will, on the 4th day Notice is hereby given that the un of May, 1943, at the hour of 10:00 dersigned. as executrix of the estate o’clock in the forenoon, sell to the of Peter S. Neadeau, deceased, has highest bidder for cash at the front been authorized, licensed and directed door of the Umatilla County Court Western Millers Mutual Fire Ins. M. Rogers. Fres., by the County Court of Umatilla County, Oregon, to sell all of the right, title, estate and interest of said Peter S. Neadeau and his estate in and to the following described real property located in Umatilla County. Oregon, to-wit: The Northeast Quarter of the Southwest Quarter and the South Half of the Northwest. Quarter of the Southwest Quarter of Section 12, Township 4 North. Range 28. All being East of the Willamette Meridian, in the County of Uma tilla and State of Oregon. Said lands being subject to sell for cash upon confirmation and approval by the Court. Notice is further given that from, and after the 26th day of April, 1943, at the hour of 10:00 o’clock A. M. of said day, at the office of C. C- Proeb- stel in Pendleton. Oregon, this execu trix will proceed to sell the herein above described real property at pri vate sale, in one parcel for cash. Dated this 24th day’of March, A.D. 1943. ROSE I. WATSON, Executrix of the estate of Peter S. Neadeau, deceased C. C. PROEBSTEL, Attorney for Estate, Pendleton, Oregon. (March 25-April 22) One of a series of twelve Synopsis of Annual Statement of the WESTERN MILLERS MUTUAL FIRE INSURANCE CO.. of Kansas City, in the State of Mis souri, on the 31st day of December, 1942. made to the Insurance Commis sioner of the State of Oregon, pur suant to law. INCOME FOR 1942 850,146.37 Premiums reed. 29.294.01 Interest, divid. & rents 4,470.23 From other sources 883,910.61 Total income DISBURSEMENTS FOR 1942 306.423.23 | Losses paid 310.350.07 I Commis. & salaries 26.477.75 i Taxes, licenses & fees 137.390.97 I Stock divid. paid 50,480.07 Other expenses Total expenditures ADMITTED ASSETS 743.894.87 | Bonds, Mkt. value 123,951.04 Stocks. Mkt. value 86,988.52 | Cash in bank & on hand 87.675.20 Prems, in collection 4,135.34 I Int. & rents due & acerd. 17.947.35 Other assets (net) 1.064,592.32 Total admitted assets LIABILITIES 63.666 89 Unpaid claims 625.226 80 Unearned premiums 28.479.18 Other liabilities Total liab. except capital 717.372.87 Surplus over liab. 347.219.45 Policyholders surplus 347.219.45 ata 1,064.592.32 1942 BUSINESS IN OREGON Premiums reed. 11,263-28 Losses paid .2.462.87 Co., R THURSDAY. APRIL 22, 1943. THE HERMISTON HERALD, HERMISTON, OREGON. PAGE SIX BUSIN POWER & LIGHT V COMPANY ) same way, the much more widely diversified ac tivities of all 12 PP&L operating districts make fora rugged,dependable electric system. Because PP&L serves a complete cross-section of the great Columbia Basin, users all over the system have their electric service protected against local adversities. Through the years they have found benefits of this business-managed system opera tion consistently reflected in lower rates.
