(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.