? vtmii*
Sri&Ebcyho,<* :::::::::: z?E?=*??jK
Total ? _... $4, 202,104 .04
K Disbursements ? To policyholders Jl,073, 782.58
Miscellaneous -L^Z. - 2,217.100 18
P' ToUl : $3,880, 901.74
?assets
I. Bonds $4*117040
1 Stock* 2.242,850.00
4. Real Eatate 4M.730.00
Cash and bank deposits - 700,854.88
(Caah and invested asteta, cum of
items 1 to 7 inclusive $8,489. 405.23)
6. Agents' balances or uncollected
premiums 783,915.70
Less ceded re Insurant balances
payable ..... 145,900.89
10. Bills receivable, taken for premiums _ 23,400.80
II. Reinsurance recoverable on losa payment* - 9,800.92
14. Interest, dividends and real estate Income due and
accrued ___ 31.809.00
TOTAL ADMITTED ASSETS - .$#,203,780.78
LIABILITIES. SURPLUS AMD OTHER FUNDS
1. Loaaea unpaid $ 589.804.00
2. Loss adjustment .expenses unpaid 33,138.00
/ 3. Contingent commissions and other similar charges .... 21,875.00
4. Other expenses (excluding taxes, licenses *
and fee*) Underwriting ...$15,000.00 15,000.00
5. Taxes, licenses and fees (excluding
Federal income taxes) Underwriting $118,200.00 1 18,200.00
8. Federal income taxea 215,000.00
10. Unearned premiums 4,258,202.04
12. Funds held by company under reinsurance treaties 34,997.80
13. Amounts withheld or retained by company for
account of others ... 15.44
14. Unearned premiums on reinsurance in unauthoriz
ed companies 191,302.00
23. ToUl liabilities _ 5,455,334.14
24. Special surplus funds: X 87,250.00
25. Capital paid up 1,000.000.00
20. U reassigned funds (surplus) 2,881,198.82
27. Surplus as regards policyholders 3,748,440.02
28. ToUl : $9,203,780.78
BUSINESS IN NORTH CAROLINA DURING 1952
Line of Business Net Premiums Net Losses
i Incurred
Fire _ $10,019 $4,518
Extended coverage 1,873 1,125
Torn., *ind, eye., hail (except growing
crops) 2
Sprinkler and water damage 5 523
Inland marine 3,905 778
Personal property floater 1,107 241
Auto phys. damage 1,301
TOTAL $18,212 $7,181
President F. H. Spencer; Secretary H. B. McGuire; Home office 315
Montgomery St., San Francisco 4, Calif.
Attorney for service: WALDO C. CHEEK, Commissioner of Insur
ance, Raleigh, N. C.
STATE OF NORTH CAROLINA
INSURANCE DEPARTMENT
Raleigh, May 4th, 1953
I, WALDO C. CHEEK, Commissioner of Insurance, do hereby certify
that the above is a true and correct abstract of the statement of the
California Insurance Company, of San Francisco, Calif., filed with
this Department, showing the condition of said Company on the 31st
day of December, 1952.
Witness my hand and official seal, the day and date above written.
WALDO C. CHEEK
Commissioner of Insurance
Fire and-or Casualty Abstract ? ' , . ' ?
statement
CHURCH FIRE INSURANCE COMPANY? New York. N. Y.
Condition December 31, 19S2, at Shown by Statement Filed
Income ? From policyholder! . 1105,147 .92
Miscellaneous 53,718.39
Total $158,86991
Disbursements ? To policyholders $ 42,703.97
Miscellaneous 94,011,07
Total - ? - 4 96,755.04
? ASSETS
1. Bonds $1,208,452.56
2. Stocks 392,500.00
6. Cash and bank deposits 103,652.90
(Cash and invested assets, sum of
items 1 to 7 inclusive .....$1,704,605.46)
8. Agents' balances or uncollected
premiums 103,631.88
Less ceded reinsurance balances
payable 35,963.29
11. Reinsurance recoverable on loss payments - 92.019.59
14. Interest, dividends and real estate Income due and
accrued ?. 10,729.31
TOTAL ADMITTED ASSETS: $1,835,422.95
LIABILITIES. SURPLUS AND OTHER FUNDS
1. Losses unpaid $ 8,400.00
2. Loss adjustment expenses unpaid 500.00
4. Other expenses (excluding taxes,
licenses and fees) Underwriti
iting $4,600.00
Investment 500.00 5,100.00
5. Taxes, licenses and fees (excluding
Federal income taxes) Underwriting .* 9,400.00 9,400.00
10. Unearned premiums - 65,409.94
12. Funds held by' company under reinsurance treaties 110.919.74
14. Unearned premiums on reinsurance in unauth
orized companies 83,222.77
23. Total liabilities 282,992.49
25. Capital paid up $ 900,000.00
26. Unassigned funds (surplus) 1,092,470.90
27. Surplus as regards policyholders.. . . 1,952,470.50
28. Total - $1,835,422.95
BUSINESS IN NORTH CAROLINA DURING 1952
Line of Business Net Premiums Net Losses
Incurred
Fire - $108 $865
Extended coverage -46 15
Torn., wind, eye., hail (except growing
crops) 49 ________
TOTAL :.. $112 $880
Attorney for service: WALDO C. CHEEK, Commissioner of Insur
ance, Raleigh, N. C. -
STATE OF NORTH CAROLINA
INSURANCE DEPARTMENT
Raleigh. May 4th, 1953.
I. WALDO C. CHEEK, Commissioner of Insurance, do hereby certify
that the above is a true and correct abstract of the statement of the
Church Fire Insurance Company, of -New York, N. Y., filed with
this department, showing the condition of said Company on the 31jt
day of December, 1952.
Witness my hand and official seal, the day and date above written.
WALDO C. CHEEK
Commissioner of Insurance.
Fire and-or Casualty Abstract
TOYS
REDUCED
Large Assortment of Toys Reduced
% Price ?
WE CARRY THE LARGEST
SELECTIONS OF TOYS AND GIFTS
If* BOONE
SOUTHERN SALES CO.
Across from Postoffice
Highway Perils
Greater During
Holiday Season
Boston, Dec 7 ? You art 22 per
cent, mora likely to be Injured in
?n auto accident during the ten
day period from December 24
through January 3 than at any
other aeaaon of the year.
This figure is given by the
American Mutual Liability Insur
ance Company's Institute tor Saf
er Living, which predicts more
than 1 1 AO fatalities resulting
from Christmas holiday season
driving. This is 200 more auto
deaths than during the eight-day
holiday period last year.
Principal factors responsible
for this seasonal increase will be
bad weather conditions in many
areas, increased holiday travel.
Increased social activity and gen
erally poor visibility. The two
long holiday weekends will again
increase driving exposure this
year according to the Institute.
To be sure that you are not
counted among this year's crop
of Christmas fatalities, DON't . . .
1 ? drive any more than is
necessary. ,
2? drive on long trips if a train
or bus or other transportation is
convenient.
S? drive home from parties af
ter drinking.
4? drive without lights when
visibility is poor.
5? drive without chains when
roads are iced or slippery.
8 ? allow younger drivers to
use the family car unless you are
certain that they are responsible
and experienced enough to meet
the season's increased hazards.
Former Boone
Minister Dies
The Rev. Walter San/ord Good
night of Vale, formerly of Wa
tauga county, died in a Morgan
ton hospital Sunday, November
29, at the age of 73 year*.
Rev. Mr. Goodnight wai a bro
ther of the late Mr. J. L. Good
night of Perkinsville, and owned
a home in that aection before
going into the miniitry At one
time he owned and operated a
(hoc repair shop in Boone.
Funeral rites were conducted
in the chapel of the Hickory Fun
eral Home at 2 p. m., Nov. 30, with
the Rev. A. M. Yoder of Whitnel
and the Rev. J. C. Honeycutt of
Albemarle officiating. He was
buried in Oakwood cemetery, in
Hickory.
The Rev. Mr. Goodnight was of
the Church of God faith, travel
ing about the couhtry for approxi
mately a quarter of a century lec
turing on the "Revelations." His
travels took him through the
South and the Southwest. He re
tired about a year ago because of
failing health.
The deceased was born in Lin
coln county February 20, 1878,
son of the late Joseph N. and
Harriette Rhoney Goodnight. His
wife, the former Miss Nora Boggs,
died June 17, 1951.
Surviving the minister are two
sisters, Mrs. J. P. Chapman of
Hickory and Mrs. J. L. Yount of
Vale.
Covered Dish
Supper Is Held
Fifty-three people- met Friday
evening at 7:00 p. m. on Decem
ber 4, at the Cove Creek High
school for a covered dish supper
and meeting for all ot the test
demonstration farm families in
the county. This group enjoyed a.
very delicious covered dish sup
per, followed by a business meet
ing.
The group voted to continue
their anual farm and home tours
next summer. Plans were made
for some changes in the judging
of the farms and homes on the
tour. Special plans are being
made for a tour of all the homes
along with the farms. The home
which has made the most im
provement during 1954 will be
selected on the tour, also the
farm which has , Improved moat
and in addition to this the farm
and home combined that has im
proved most as a whole will be
selected.
After the business session the
entire group enjoyed an hour ot
recreation led by Mrs. W. R.
Vines, the home and county
agent.
The committee responsible for
the supper were Mrs. W. R. Vines
of Bethel and Mr. Howard Ed
misten of Cove Creek.
UVIlA COSTS
For the fifth consecutive month,
living coats edged up a bit in the
month ending in mid-October.
The Increase of two- tenths of
one per cent during the month
brought the index of the Bureau
of Labor Statistics to another
record high ? 11.15 per cent of the
1M7-49 average, or 1.1 per cent
above a year ago.
Decorations To
Be judged Here
Plans for the annual Home Dec
orations Contest, sponsored Joint
ly by the Boone Junior Woman's
Club, the Blue Ridge Garden
Club and the Home and Garden
Department of the Worthwhile
Women's Club were announced
this week.
The Blue Ridge Garden Club
sponsors the contest for Lawn
Displays and roof 'decoration*..
The Junior Woman's Club spon
sors the Door Decorations divi
lion. The Horn* and Garden
group will sponsor the Window
Decoration Contest. Thia include*
decorations which can been aeen
from the itreet through the win
dow.
Firat prize, of $5, second prize
of $3, third prize, and honorable
mention will be given in each of
the three divisions. Honorable
mention also will be given to dis
plays made by clubs or groups.
The date for judging will be
decided upon next week.
For variety ? Try cooking cer
eals in milk instead of water for
extra flavor and food value.
Craven Announces
New Televisions
Craven Furniture Company of
Boone annuonce* the addition of
the new Hoffman line of home
televiiion sets to the stock of top
quality furniture and appliance*
they have been assembling at
their new store ever since the big
fire last Christmas Day forced a
change of location.
"Hoffman brings a new concep
tion of television enjoyment,"
said Clifford Craven, owner of
the s^ore in the Cvmon building
on West Kins Street, "with new
high fidelity sound and Hoff
man's Easy -Vision picture. You
have to see it to believe and ap
preciate it," he added.
'ROUND THE CLOCK
Prescription
Service ?
By Registered Pharmacist
Harris Rexall Drug Store
Main St BLOWING ROCK, N. C. Phone 2*10
# WE EXTEND A CORDIAL WELCOME TO ALL FARMER SAND CHRISTMAS SHOPPERS TO
Boone? Yocir Best Selling and Trading Center
Special Purchase? Special Price!
STUDIO COUCH
Solid Oak Frame Construction
A-l Grade Upholstering
? Regular $85.00 Value
Platform Rocker
TO MATCH
Regular $47.50 Value
THESE TWO PIECES USUALLY SELL
? ?
FOR $132.50
NOW BOTH FOR ONLY
$85.00
Couch Alone $55.00
Chair Alone $30.00
May We Suggest
Also:
Maytag Washers
Westinghouse Refrigerators
Westinghouse TV Sets
Westinghouse Ranges
Water Heaters
Radios
Lamps ? Pictures
Occasional Chairs
Coffee Tables
Eqd Tables
Cotttplfete Suites
Dinettes
and many other gift items
ALL MERCHANDISE IN STORE IS MARKED DOWN ACCORDINGLY
Joines Furniture Co.
King St. Boone, N. C. Phone 195
, a , ?? j ?. ;-t . ? *
Andrews .C hevrolet, Inc.
TEI<EPHONES X7 AND 29 NORTH DEPOT STREET or