'fX.
PAGE TWO -
STATEMENT
COMMERCIAL CASUALTY INSURANCE COMPANY
Newark, N. J.
Condition Oeeember 31, 1940, At Shown By Statement Filed
Amount of Capital paid in cash $ 1,000,000.00
Amount of Ledger Assets Dee. 31st of previous year 10,601,072.60
Income From Policyholders, $9,112,394.05; Miscel
laneous, $232,867.80; Total 9,436,261.85
Disbursements To Policyholders, $3,666,976.01;
Miscellaneous, $4,910,772.29; Total 8,577,748.30
ASSETS
Value of Real Estate 260,757.77
Mo:tgage Loans on Real Estate 2,959,728.20
Value of Bonis and Stocks 5,947,110.79
Cash in Company's Office ---,.. 100.016.3S
Deposits in Trust Companies and Banks not on interest 561,820.22
Premiums in course of Collection 1,561,813.91
Interest and Rents due and accrued 54,992.58
Bills Receivable 43,449.57
All other Assets, as detailed in statement 4 1,15.". 63
Total 11,530,845.05
Less Assets not admitted 446,545.18
Total admitted Assets 11,084,299.87
LIABILITIES
Unpaid Claims $ 4,291,463.54
Expense, Investigation, and Adjustment of Claims 34.619.19
Unearned Premiums 3,548,226.37
Commission, Brokerage, and other charges due 313,710.40
Salaries, Rents, Expenses, Bills, Accounts, tees, etc.,
due or accrued 20,000.00
E-tlmated amount of Federal, State, county, and
municipal taxes 281,209.74
Ail other Liabilities, as detailed in statemnet 32,610.95
Total amount of all Liabilities except Capital? 8,521,840.19
Capital paid up $ 1,000.000.00
Surplus over all Liabilities 1,562,459.68
Susi es as regards Policyholders 2,562,459.68
Total Liabilities $11,084,290.87
BUSINESS IN NORTH CAROLINA DURING 1940
Prem. rec'd Losses pd.
Acci'-nt $18,232.00 $ 4,216.00
Hl,a 30,047.00 8,764.00
Autu'Libnky""---"":; 18,835.00 ?,fil2.00
LiaX-.ity other than auto 4,023.00 355.00
Woi, men's compensation 74C.00
v1(K;;ty 2,002.00
Suutv 28UM) -100.00
Plate glass 715.00 242.00
mirclary and theft 731.00 989.00
Auto property damage 4,716.00 2,810.00
Auto collision - 525.00 3S3.00
Property damage and collision other than
auto 27.00
Total $80,137.00 $20,147.00
'lesident: Howe S. Landers Secretary: E. A. Blendow
Treasurer: Chas. W. Payne
Home Office: 10 Talk Place, Newark, N. .1
Attorney for service: Dan C. Boney, Insurance Commissioner,
P.uleigh, N. C.
STATE OF NORTH CAROLINA,
INSURANCE DEPARTMENT,
Raleigh, Feb. 19, 1941.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify
.hat the above is a true and correct abstract of the statement of the
Commerce Casualty Insurance Company, of Newark, N. X, filed with
this Department, showing the condition of said Company on the 31st
day of December, 1940.
Witness my hand and official seal, the day and dace above written.
(Seal)-- DAN C. BONEY, Insurance Commissioner.
THE BEAUFORT NEWS BEAUFORT, N. C.
Thursday, August 2&, 194
ANSWERS
To Timely
Farm Questions
Question: What preparations
are necessary for pigs that are to
be farrowed within the next few
weeks?
Answer: Ellis Vestal, extension
swine specialist, says many pigs
will be farrowed soon. Before far
rowing time, the sow should be put
in a field that has been cultivated
since hogs ranged over it. Never
let the pigs go to old hog loU or
pens. Keep them on clean lani
until they weigh at least 100
pounds. Vestal also said a sow
worth feeding should have a good
farrowing house. County agent
have blueprints of these houses
which any grower may obtain free.
Question: When
and regefable be
fairs?
should fruits
selected for
Answer: September is the be
ginning of the annual season for
fairs, so farm families should be
gin now to get their horticultural
exhibits in readiness. Fruits to be
exhibited should be picked and
handled with extreme care. Keep
in mind the fact that the best fruit
for show purposes r found near
the top of the tree. Don't pick the
largest specimens but those which
are typical of the variety. Then
wrap each in paper and pack
snugly. Vegetables for show
should be free from blemishes,
clean, and fully matured.
Camp Davis Officer
Observes Barrage
Balloons In Britain
Question: How should tobacco
fields be handled after the crop is
harvested?
Answer: Jack Rowell, extension
entomologist, says tobacco field-?
should be plowed and planted to a
good cover crop to aid in the con
trol of tobacco insects. This will
prevent the development of tobac
co suckers which furnish a food
supply for hordes of flea beetles,
horn worms, bud worms, and other
pests until frost. Cotton, farmers;:
should follow the same practice to
fight weevils.
STATEMENT
CHRISTIANA GENERAL INSURANCE COMPANY
Oslo, Norway
Wheat
Production of American Spring
and Winter wheat this year will
reach 950,953,000 bushels, the Ui
S. Department of Agriculture reports.
The farm real estate market
throughout the nation has shown
great improvement during the first!
six months of 1941.
CAMP DAVIS, Aug. 21 Lieut.
Col. Robert D. Turley, Jr., execu
tive officer of the Barrage Balloon
Training Center at Camp Davis,
returned this week from an official
tour of the British Isles bearing
"valuable information" concerning
the use of barrage balloons as in
struments of defense against aer
ial bombardment.
The officer was sent to England
by the War Department to observe
barrage balloon tactics under act
ual wartime conditions. Hi. visit
he reported, was not confined to
London, hut took him to several
important cities in the island king
dom. He witnessed several Ger
man air raids, one of them lasting
two hours.
Although the information Col
onel Turley assembled n barrage
balloons was not disclosed, it is ex
pected to play an important part
in the development of this coun
try's barrage balloon trailing pro
gram. Colonel Turley is assistant
commandant of the Camp Davi
Barrage Balloon School, fir.-t and
only school of its Tdr-d in the Unit
ed States.-
In travefing through the British
Isles, Colonel Turley said, he was
especially impressed by the "be.iu
ty of the English countryside."
where virtually all available land
is under cultivation, Despite large
scale air attacks, nany ancient
castles and histori 'al landmark;
have escaped uwswathed, and Col--onel
Turley visited some of those.
Like other obseivers returning
from England, Colonel Turle;. was
enthusiastic abouf the morale of
the English people. In London, for
example, where m ist of the do
zens are forced to spend long
hours in air raid shi Iters, the spirit
of the people is hig'v,. he said.
Colonel Turley left the United
States June 22, foil w';ng the P -in-American
Clinner rvute to Bermu
da, the Azores and Lisbon, Portu
gal. From Portugal he fivw to
England in a Britis. plane. On the
return trip he followed same
route.
He was the first military obsurv
er authorized to visit England foi
the purpose of studying barrage
balloon tactics since die army of
ficially adopted the new aerial de
fense weapon last spring. The
army's only barrage balloon train
ing base is at Camp Davis.
MORE ABOUT
WATERFRONT
(Continued irc'm page 1)
for the establishment of which too
much credit cannot be given Linu
sey Warren, whose pioneer efforts
resulted in passage of the enabling
act by Congress in 1935, are incal
culable. IF ONLY a fraction of the num
ber of tourists visit the Seashore
Park that have already visited
North Carolina's other great Na
tional Park in the great Smokies,
the area would experience a tre
mendous boom.
AND WE EXPECT not a frac
tion," but as many, if not more
tourists to come here as to me
Smokies.
THAT IS A targe order, because
the Great SnuAy Mountains Na
tional Park now is the mo. pop
ular in all the American Part sys
tem, and last month alone, was vis
ited by 256 persoos in 74,44' ve
hicles. DURING THE 12 months ended
June 300, there were 516,117 vis
itors to the Great Smoky Moan
tains Park. That was 42 percent
sJiove- tee year before, and shows
how the public recreational bus
ntss is growing.
WITH OVERSEAS travel im
possible doe to war conditions and
hemispheric travel curtailed by
lack of ocean transportation facil
ities, Americans are seeiicg Amer
ica as they have never before.
TH'ET ARE turning by the hun
dreds of thousands to Roanoke Is
land, w here America was b'.irn, and
they will come on down th' Outer
Banks if it is possible for them to
do so in comfort.
CONDTTIO-VS are now ripe for
jrie establishment of this project
u; never before in our history, and
w-e shoufd. proceed with all. speed
to establish the park and invite the
world to visit it.
BUT WE MUST not make the
invitation too extensive before we
are ready for the world to come.
It would be tragic if guests came
beyond our facilities to care for
them. There is a great deal to be
done, but with the cooperation of
all it will be done and without un
due loss of time.
THE OUTER Banks have stood
as North Carolina's outposts since
the beginning of America. Even
more so than the mountains of the
west, natural barriers cut them off
from their fellow citizens. This,
in the past, seemed an unsurmount
able obstacle to development. Ac
tually it was responsible for pre
serving a primitive charm that to
day is a tremendous asset. With
the coming of highways and the
National Park, the Outer Banks
are on the threshold of a new era
beyond imaging even a decade ago.
NEWS and FACTS ... of Siatewidt trrtertst
PROTECTION JL
For over two years this Committee has waged
its "Clean Up or Close Up" campaign to pro
tect the legitimate beer retailing business by
eliminating those few undesirables who use
their beer licenses as a cloak for unlawful
activities.
Law enforcement agencies and the brewing
industry both recognize that no program can
be entirely successful without the approval
and active support of law-abiding citizens.
We ask your cooperation in this work. Please
do not patronize beer outlets that tolerate anti
social practices that compromise ethical con
duct. BREWERS AND NORTH CAROLINA
BEER DISTRIBUTORS COMMITTEE
EdrH. Bain, State Director, Suite 813-817 GommerciafBIdg. Raleigh
PiiSUSHED IK COOPERATION WITH THE UIIITED BREWERS INDUSTRIAL FOUNDATION
1
il
Judging From The Latest In Gasoline News
It Won't Be Long Now Until You
LL WEED A BICYCLE
Weeds
More than 1,000 different
kinds of European weeds have in
vaded this country irr the past
year.
Condition December 31, 1940, A. Shown By
Statement Filed
$ 250,000.0!)
S.TM.SU.OT
Amount of Capital Deposit
mount Ledger Assets, Dec. 31st previous year
:nconneFrom Policyholders, $801,531.80; Mis
cellaneous, $112,526.53; Total 914,058.30
Disbursements To Policyholders, $749,973.37; Mis
cellaneous. $930,078.88; Total 1,680,052.2a
Fire Premiums Written or renewed during year,
$1,718,174.36. In Force ... 2,45S,737.80
All Other Premiums Written or renewed during
vear, 8645,0911.59. In Force 499,538.72
ASSETS
Value of Bonds and Stocks - $1,466,204.44
Cash in Company's Office I00-00
Deposited in Trust Companies and Banks not on interest 1,461,792.51
Atrents' balances, representing business written
subsequent to October 1, 194U xi,v6o.o.,
Deduct Ceded Reinsurance Balances Payable 9,405.10
Interest and Rents due and accrued 6,077.03
Total $3,039,394.24
Less Assets not admitted - 467,851.19
STTKT ETWE N T
CENTURY INSURANCE COMPANY
Edinburgh, Scotland
Condition December 31,. RF40,. As SRown By Stateanmt Filed
Amount of Statutory Deposit $ 500,000.00
Amount Ledger Assets, Dec. 31st previous year 3,836,219.44
Income- From Policyholders, $2,165,193.11; Mis
cellaneous, $167,530.67; Total 2,332,723.78
Disbursements To Policyholders, $S3-T,035.97; Mis
cellaneous, $1,280,470.37; Total 2,112,506.31
Fire Premiums Written oi renewed during- year,
$2,153,72222. In FTrw- - SrS36201.33
All Other Premiums Written or renewed curing yearr,
$1,702,676.60. In Force 1 1.105,567.05
ASffiTS '
Value of Eondsand Stocks $-5l&4,014.89
Cash in Company's Office 500.00
Deposited in Trust Companies and Banks not on interest 542,375.31 I
Agents' balances, representing business written
subseqnt to Oc toiler ,. I'iW 293,824.6?;
Agents' balances, representing business written pj?iir
to October 1, 1940 43,722.63
Deduct Cmfed Reinsurance. Batlwxea Payable 34,839. iii.
Bills receivable, taken for fire risks . 3,226.71
Interest and Rents due and accrued -I 10,392.96
All other Assets, as detailed in statement 23,612.57
THERE MAYBE A SHORTAGE of BICYCLES TOO
So Select Yours Today
FROM OUR STOCK
If You Act Qtncfcly You May Buy A Bike On Conven
ient Weekly Terms
1
Western info Associate Store
CALVIN JONES, Owwr
Total admitted Assets ....$2,571,543.05
LIABILITIES
Net amount of unpaid losses and claims - $ 191,335.00
Unearned premiums
Salaries, rents, expenses, bills, accounts, etc.,
due or accrued
Estimated amount payable for Federal, State, county
and municipal taxes due or accrued
Contigent commissions, or other charges due or accrued
All other liabilities, as detailed in statement
1,210,814.91
2,347.52
y
BEAUFORT, N. C
Town Of Beaufort
"Total $4,066,823.84
Less Assets not adotitted . 249,317.05
...$3,817S22;.79
12,500.00
5,000.00
8,100.00
Total amount of all liabilities except Capital $1,439,097.46
Capital actually paid up in cash .$250,000.00
Surplus over all liabilities 882,445.59
Surplus as regards Policyholders - 1,132,445.59
Total Liabilities $2,571,543.05
BUSINESS IN NORTH CAROLINA DURING 1940
Fire Risks written $881,807.00; Premiums received $11,000.00
All Other Risks written $433,140.00; Premiums received -- 1,660.00
Losses incurred Fire $5,710.00; Paid 6,937.00
Losses incurred All other $330.00; Paid 364.00
U. S. Treasurer: J. W. Wellinstrom.
U. S. Home Office 102 Warden Lane, New York, N. Y.
Attorney for service: Dan C. Boney, Insurance Commissioner,
Raleigh, N. C.
STATE OF NORTH CAROLINA,
INSURANCE DEPARTMENT,
Raleigh, April 23, 1941.
I, DAN. C. BONEY, Insurance Commissioner, do hereby certify
that the above is.a true and correct abstract of the statement of the
Christiana General Insurance Company of Oslo, Norway, filed with
this Department, showing the condition of said Company, on the 31st
day of December, 1940.
Witness my hand and official seal, the day and year above written.
(Seal) ' DAN C. BONEY, Insurance Commissioner.
Total; admitfci Assets
LIABILITIES
Netamount of unpaid losses and claims , $ 4585,968.53
Unearned premiums 1,45,1,082,25
Salaries, rents, expenses, bills, accounts, &tfc&, etc,
due or accrued . . 3, 1 03.. SI
Estimated amount payable for Federal, State, county
and municipal taxes due or accrued. 98,449.47
Contingent commissions, or other charges due or accrued 50,688.0,0
All other liabilities, as detailed in statement 33,43.4.94
Total amount of all liabilities except Capital $&,099,785.60
Capital actually paid up in cash 500,000.00
Surplus over all liabilities 1,217,735.9ft
Surplus as regards Policyholders $1,717,733.99
Total Liabilities $3,817,522.79
BUSINESS, IN NORTH CAROLINA DURING 1940
Fire Risks written'$l,870,402.00; Premiums received $18,634.00
All Other Risks written $436,233.00; Premiums received ... 1,499.00
Losses incurred Fire $17,115.00; Paid 17,981.00
Losses incurred All other $613.00; Paid 532.00
U. S. Treasurer; Lawrence J. Tillman.
U. S. Home Office: 111 John St., New York, N. Y.
Attorney for service: Dan C. Boney, Insurance Commissioner,
Raleigh, N. C.
STATE OF NORTH CAROLINA,
INSURANCE DEPARTMENT,
Raleigh, April 23, 1941.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify
that the above is a true and correct abstract of the statement of the
Century Insurance Company of Edinburgh, Scotland, filed with this
Department, showing the condition of said Company, on the 31st day
of December, 1940.
Witness my hand and official seal, the day and year above written
(Seal) DAN C. BONEY, Insurance Commissioner.
F ALL PERSONS OWING TAXES TO THE TOWN
OF BEAUFORT ARE URGED TO
PAY SAME AT ONCE
Unpaid Municipal Taxes
Will Be Advertised On
September 1, 1941
PAY YOUR PAST DUE TAXES NOW AND
SAVE ADDITIONAL COSTS
T.
Murray
Th
omas
CITY TAX COLLECTOR
rv
' i