AMERICAN RE-INSURANCE COMPANY
242 South 13th St., Philadelphia, Pa.
AMERICA'S FJRST AND ONLY STRICTLY
RE-INSURANCE COMPANY
Surplus to Treaty-Holders, $1,408,249.91
Assets
Bonds and Stock..... $3,275,583.75
Mortgage Loans on Real Estate 50,000.00
Home Office Property 42,500.00
Cash 119,342.23
Premiums not over 90 days 63,248.25
Accrued Interest on Bonds 29,74532
Total $3,580,419.55
Liabilities
Legal Loss Reserve $1,371,713.29
Reserve for Claims 131,880.43
Unearned Premium Reserve 408,582.92
Reserve for Taxes and Re-Insurance 60,000.00
Voluntary Catastrophe Reserve 200,000.00
Capital Stock 750,000.00
Surplus ..... 658,242.91
Total $3,580,419.55
HARRY BOULTON, President
OM. HANSEN, Vice-President H. B. SWOOPE, Vice-President
W. B. ATHEY, Secretary O. H. IRWIN, Treasurer
QD
D
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In none of the models of the Single
Six Series is the commanding beauty
of this Packard more outstand
ing than in the Sedan Limousine.
he Packard SinglcSix is deliber
ately designed and built to prove
a far better and a more saving
investment, in the long run, than
if its first cost were $1000 less.
PINEHURST GARAGE
Moore County Distributors
PACKARD
Have you tried
the Burke "30"?
T)ROVE for yourself that the qual-
ity of this ball, its endurance, and
its perfect behavior on fairway and
green is just what you have been
looking for.
Give the Burke "30? a fair test and
we know you will eliminate unneces
sary strokes from your score.
On sate where sporting goods are sold.
A ... ; VA- .1-4
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