Newspapers / The Enterprise (Williamston, N.C.) / Oct. 6, 1942, edition 1 / Page 2
Part of The Enterprise (Williamston, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
The Enterprise J Published Every Tuesday and Friday by the ENTERPRISE PUBLISHING CO. WILLIAMS TON, NORTH CAROLINA. W. C. MANNING Editor ? 1908-1938 SUBSCRIPTION RATES (Strictly Cash in Advance) IN MARTIN COUNTY One year $2.00 Six months v- 1.25 OUTSIDE MARTIN COUNTY One year - - $2.50 Six months 1.50 No Subscription Received Under 8 Months Advertising Rate Card Furnished Upon Request Entered at the post office in Williamston, N. C., as second-class matter under the act of Con gress of March 3, 1879. Address all communications to The Enterprise and not individual members of the firm. Tuesday, October 6. 19t2. Just A Reminder It has been several weeks since Bernard M. Baruch submitted his impartial report, portray ing the seriousness of the rubber shortage. When we have the urge to slip up on the situation and cheat, it will be well to remember some of Mr. Baruch's startling revelations: "Tires on civilian cars are wearing down at a rate eight times greater than they are being replaced. If this rate continues, by far the larger number of cars will be off the road next year, and in 1944 there will be an all but complete collapse of the 27,000,000 passenger cars in Am erica. "We are faced with certainties as to demands; with grave insecurity as to supply. Therefore this committee conceives its first duty to be the maintenance of a rubber reserve that will keep our armed forces fighting and our essential ci vilian wheels turning. This can best be done by 'bulling' through the present gigantic synthetic program and by safeguarding jealously every ounce of rubber in the country." Mr. Maruch, chairman of the impartial com mittee, adds: "Let there be no doubt that only actual needs, not fancied wants, can ,or should, be satisfied. To dissipate our stocks of rubber is to destroy one of our chief weapons of war. We have the choice. Discomfort or defeat. There is no middle course." Centralizing Centralization With some good folks for and some good folks against it, it would seem that the proposed "ed ucational amendment" to the State Constitution is both good and bad. The people back home are a bit confused, and even though there still exists an earnest and basic desire on their part to better education, they can't understand whv leaders are so di vided. As far as school policies, direction and control are concerned, the common people have been out of the picture so long that they are hardly expected to know what is going on up in Raleigh. Briefly stated, they look upon the proposal as a centralizing move in an already high state of centralization, or just another scrap within the centralized groups. There can be no serious objection to any plan that would advance the cause of common edu cation. Apparently the proposal now offered will only eliminate the various boards and agencies and consolidate control with represen tation going mainly to certain groups outside the educational field. d??igned Many Ta?k? It would seem that the task of winning the war is a big enough assignment within itself, but a carefree America has assigned its armed services other tasks, too. These extra-curricu lar tasks are certain to push the Army and Navy, and, yes, the Marine Corps, too, off their true course, but it is apparent that the services have got to do what a civilian economy failed to do in the way of health, education and religion. At one time, the services apparently decided it was not their job to rebuild human bodies and repair the damages caused by slovenly if not down-right bad habits. Now, the Army is taking men in the 1-B classification, and there is good reason to believe that many of those fellows will come nearer reflecting a picture of health when they return than they did when they entered the service. Offered illiterates in great numbers, the Army first turned down those selectees who could not write their names. Now, the Army is accepting them. In short, the Army is having to do what society failed to do. But that is not all, the Army is finding it necessary to remind its charges that there is a Supreme Being. And, according to reports, the Army and other branches of the service are doing an effective job. Eighty per cent and more of the men in the camps are finding their way to religious services, while back home a slovenly population turns out hardly more than 20 per cent strong in attendance upon relig ious services. These young men, the reports explain, are beginning to question the practices advanced and so completely followed after an ultra-modern fashion these past twenty years. Some of the young men did not recognize the empty meaning of the modern trend that steer ed them away from the Church until they reach ed the fox holes on B ataan, but a revival in those things possessing real spiritual values is sweeping through the Army. To those who have watched armies advance into battle depending solely upon their guns and material strength just to go down in defeat, recognize in the re vival a new power, a power far greater than Hit ler's panzer divisions and his stukas combined. While the Army moves to accept the chal lenge, America back home will do well to sup port the march to victory by mending its health, advancing education and recognizing those val ues inherent in humble religious worship. Three thousand, nine hundred and fifty-five dollars will buy 1 radio communication truck (without equipment). You and All Others Are, of Necessity, Spending More Time at Home These Days . . Then Why Not Make It More Livable, Cozy, Attractive As the weeks and months go by, and the eonliiiued restrictions on gasoline and rubber for civilian use make it more difficult to drive our cars, we are, of ne cessity, going to spend more time at borne ... if we're not already doing so. And . . . we're going to become more conscious of our home, especially as to what we really need to make it a place where we can really live, relux and get our needed recreation ami enjoyment during these trying days. And, too, being at home more you're going to think of inviting your friends, your neighbors, in for the afteroon or evening . . . and, of course, you'll want your home ot be as attractive and inviting as you possibly can make it. Now's the time to look around . . . you'll see plenty of things you really nred ... a new piece here, another there, new rugs, new lamps, etc. It's surprising how little it takes sometimes to brighten a home . . . make it so much more livable. We, as thousands of other furniture stores throughout the nation, are observ ing National Furniture Week , . . October 3rd to 10th. We u<ish to point out to you that there are no priorities on charm and comfort, tchich have made Am erica's homes the best furnished and the best-equipped in the tcorld. Visit our store and see the many fine values tee have to offer during National Furni lure Week. Woolaid Furniture Co. Seventeen pounds of kitchen tats saved will provide a pound and a half of glycerine, enough to fire 85 anti-tank shells. Notice of Service by Publication North Carolina. Martin County. In The Superior Court. John Rhines vs. Ada Rhines. The above named defendant will take notice that an action entitled as above has been commenced in the Superior Court of Martin County, North Carolina, to secure a divorce from the said defendant by the said plaintiff; and the said defendant will further take notice that she is re quired to appear at the office of the Clerk of the Superior Court of Mar tin County, at Williamston, N. C., within thirty days from the comple tion of this service, and answer or demur to the complaint of the plain tiff in said action, or the plaintiff will apply to the court for the relief demanded in the said complaint. This September 28, 1942. L .B. WYNNE, Clerk Superior Court of , s29-4t Martin County. To Believe of COLDS 666' Liquid?Tablets I Salve?Nom Coach Drops Try "RUB-MY-TISM" ? A Wonderful Liniment STATEMENT FEDERAL UNION INSURANCE COMPANY Chicago, Illinois Condition December 31, 1941, As Shown By Statement Filed. Amount of capital paid in cash $1,000,000.00 Amount ledger assets, Dec. 31st previous year 3,454,772.02 Income?From Policyholders, $1,275,424.00; Miscellaneous, $102,605.08; Total 1,378,029.08 Disbursements?To Policyholders, $419,542.39; Miscellaneous, $663,23597; Total 1,082,778.36 Fire Premiums?Written or renewed during yaer, $2,655,454 24; In Force 3,507,398.65 All Other Premiums?Written or renewed during year, $1,820.294 03; In Force 1,321,076.35 ASSETS Value of Bonds and Stocks $3,111,390.90 Deposited in Trust Companies and Banks not on interest 340,250.55 Agents' balances, representing business written subsequent to October 1, 1941 313,653.82 Agents' balances, representing business written prior to October 1. 1941 12,183.88 Deduct Ceded Reinsurance Balances Payable -46,737.84 Bills receivable, taken for fire risks 7,221.16 Bills receivable, taken for other risks 368.20 Interest and Rents due and accrued 12,900.94 All other Assets, as detailed in statement 22,093.47 Total $3,773,325.08 Less Assets not admitted 226,589.76 Total admitted Assets $3,546,735.32 LIABILITIES Net amount of unpaid losses and claims $ 300,694.50 Unearned premiums 946,416.11 Salaries, rents, expenses, bills, accounts, fees, due or accrued 3,833.80 Estimated amount payable for Federal, State, county and municipal taxes due or accrued 58,158.83 Contingent commissions, or other charges due or accrued 7,313.45 All other liabilities, as detailed in statement 77,663.98 Total amount of all liabilities except Capital $1,394,080.72 Capital actually paid up in cash $1,000,000.00 Surplus over all liabilities ? 1,152,654.60 Surplus as regards Policyholders 2,152,654.60 Total Liabilities $3,546,735.32 BUSINESS IN NORTH CAROLINA DURING 1941 Fire Risks written, $838,171; Premiums received $6,452 All Other Risks written, $497,796; Premiums received 6,814 Losses Incurred?Fire, $322; Paid . 267 Losses Incurred?All other, $3,575; Paid 3,855 President: Harold Warner. Secretary: C. F. Eickstaedt Home Office: 175 W. Jackson Blvd. Chicago, III. Attorney for service: Dan C. Boney, Insurance Commissioner, Raleigh, N.C. State of North Carolina. (Seal) Insurance Department. Raleigh, June 2nd, 1942. I. DAN C. BONEY, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the Federal Union Insurance Company of Chicago, III., filed with this Department, showing the condition of said Company, on the 31st day of December, 1941. Witness my hand and official seal, the day and year above written. DAN C. ^ONEY^^n^ranc^dommissione^^^^^ STATEMENT OCEAN MARINE INSURANCE COMPANY, LTD. I/Ondon, England. Condition December 31, 1941, As Shown By Statement Filed. Statutory Deposit $ 250,000 00 Amount Ledger Assets, Dec. 31st previous year 983,388.20 Income?From Policyholders. $518.210.13; Miscellaneous, $34,419.02; Total 552,629.15 Disbursements?To Policyholders, $122,804.83; Miscellaneous, $243,20675; Total 366,011.58 All Other Premiums?Written or renewed during year, $1,288,882.71. In Force 786,646.75 ASSETS Value of Bonds and Stocks $ 905,439.84 Deposited in Trust Companies and Banks not on interest 241,109.28 Agents' balances, representing business written subsequent to October 1, 1941 172,224.30 Agents' balances, representing business written prior to October 1, 1941 205 10 Deduct Ceded Reinsurance Balances Payable -153.504.69 Interest and Rents due and accrued 3,423.75 All other Assets, as detailed in statement 4,531.94 Total $1,173,429.52 Less Assets not admitted 34,804.63 Total admitted Assets $1,138,624.89 LIABILITIES Net amount of unpaid losses and claims $ 261,207.00 Unearned premiums 141,282.72 Salaries, rents, expenses, bills, accounts, fees, due or accrued 1,415.00 Estimated amount payable for Federal, State, county and municipal taxes due or accrued 35,700.00 Contingent commissions, or other charges due or accrued 14,700.00 All other liabilities, as detailed in statement 32,438.98 Total amount of all liabilities except Capital $ 486,743.70 Statutory deposit $250,000.00 Surplus over all liabilities 401,881.19 Surplus as regards Policyholders 651,881.19 Total Liabilities $1,138,624.89 Frank B. Zeller. U. S. Home Office: 150 William St., New York, N. Y. Attorney for service: Dan C. Boney, Insurance Commissioner, Raleigh, N.C. State of North Carolina. (Seal) Insurance Department. Raleigh, July 29th, 1942. I, DAN C. BONEY, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the Ocean Marine Insurance Company, Ltd., of London, England, filed with this Department, showing the condition of said Company, on the 31st day of December, 1941. Witness my hand and official seal, the day and year above written. DAN C. BONEY. Insurance Commissioner. STATEMENT NORTHWESTERN NATIONAL LIFE INSURANCE COMPANY Minneapolis, Minn. Condition December 31, 1941, As Shown By Statement Filed. Amount of Capital paid up in cash $ 1,650,000.00 Amount of Ledger Assets December 31st of previous year 78,080,572.99 Premium Income, $11,329,751.35; Miscellaneous, $5,492.844 56; Total 16,822,595.91 Disbursements?To Policyholders, $5,688,475.47; Miscellaneous, $4,632,660.21; Total 10,321,135.68 Business written during year?Number of Policies 18,558; Amount 67,538,944.00 Business in force at end of year?Number of Policies 155,830; Amount 481,197,511.00 ASSETS Value of Real Estate (less amount of encumbrances) $ 2,533,777.22 Mortgage Loans on Real Estate 10.491,993.34 Loans made to Policyholders on this Company's Policies assigned as collateral 9,229,751.52 Net Value of Bonds and Stocks 53,999,427.71 Cash 2,301.683.33 Interest and Rents due and accrued 549,009.25 Premiums uncollected and deferred 2,179,026.43 All other Assets, as detailed in statement 60,207.10 Total $87,344,875.90 Less Assets not admitted 615,793.20 ToUl admitted Assets $86,729,08X70 LIABILITIES Net Reserve, excluding Disability Provision $66,270,336.00 Present value of amounts not yet due on Supplementary Contracts, etc. 4,397,713.00 Policy Claims 234,627.76 Dividends left with Company at interest 2.752.355.27 Premiums paid in advance 33,268.65 Unearned Interest and Rent paid in advance 309,489.14 Commissions due to Agents 28,019 00 Estimated Amount payable for Federal, State and other Taxes 310,09066 Dividends due Policyholders 68,64X01 Amount set apart for future dividends __ 324,871.16 All other Liabilities, as detailed in statement ' 5,306,72X61 Total amount of all . eanaaataaaa Reserve $2,540,693.00 Capital paid up in Cash ... 1,650,000.00 Unassigned funds (surplus) 2,504,254.34 6,703,047.34 Total Liabilities $86,729,082.70 BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1041 Ordinary Group N< - ? Policies on the lives of citizens of said State in force Dec. 31st of previous year Policies on the lives of citizens of said State issued during the year No. Amount No. Amount 392 $1,028,488 1 $145,500 7 29,111 16,500 399 1 $1,057,599 2624 1 $162500 27,500 398 $1,054,975 $134,500 1 3 755.81 7,73212 3 4,500 Total Deduct ceased to be in force during the year Policies in force December 31st Losses and Claims unpaid December 31st of previous year Losses and Claims incurred during year Total ... . 4 $ 8,487.93 3 $ 4,500 Losses and Claims settled during the year, in full. $9,500 2 $ 5,000 3 $ 4,500 Losses and Claims unpaid Dec. 31st $ 3,487.93 Premium Income?Ordinary, $21,660 92; Group, $2,297.23; Total, $23,958.15 President: O. J. Arnold Secretary: G. W. Wells, Jr. Treasurer: JG. C. Holmberg Actuary: J. S. Hale Home Office: 430 Oak Grove St. Minneapolis, Minn. Attorney for service: Dan C Boney, Insurance Commissioner, Raleigh, N.C. State of North Carolina. (Seal) Insurance Department. Raleigh, Aug. 10, 1942. I, DAN C. BONEY, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the Northwest ern National Life Insurance Company, of Minneapolis, Minn., filed with this Department, showing the condition of said Company on the 31st day of December, 1941. Witness my hand and official seal, the day and year above written. DAN C. BONEY, Insurance Commissioner. STATE M E N T NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY Milwaukee, Wis. Condition December 31, 1911, As Shown By Statement Filed. Amount of Ledger Assets December Slst of previous year $1,369,469,990.14 Premium Income, $138,659,775.09; Miscellaneous, $89,553,276.78; Total 228,213,051.87 Disbursements?To Policyholders. $104,087,531.90; Miscel laneous, $44,933,004.34; Total 149,020,536.24 Business written during year?Number of Policies 64,805; Amount 251,087,632.00 Business in force at end of year?Number of Policies 1,092,393; Amount 4,044,674,863.00 ASSETS Value of Real Estate (less amount of encumbrances) $ 40,982,758.99 Mortgage Loans on Real Estate 291,940,380,42 Loans secured by pledge of Bonds, Stocks, or other collateral 2,355,439.89 Premium notes on Policies in force 15,571,326.90 Net Value of Bonds and Stocks 946,324,114.74 Cash 17,229,174.03 Interest and Rents due and accrued 17,039,825.35 Premiums uncollected and deferred 17,445,612.57 All other Assets, as detailed in statement 1,352,632.20 Total ._ $1,483,158,813.69 Less Assets not admitted .?. 43,268,823.86 Total admitted Assets $1,439,889,823.86 LIABILITIES Net Reserve, excluding Disability Provision $1,124,648,652.00 Present value of amounts not yet due on Supplementary Contracts, etc. 182,064,517.00 Policy Claims 6,081,114.23 Dividends left with Company at interest 7,449,172.97 Premiums paid in advance 719,837.99 Unearned Interest and Rent paid in advance 31,954.62 Commissions due to Agents 248,590.58 Estimated Amount payable for Federal, State and other Taxes 3,221,083.90 Dividends due Policyholders 1,227,797.89 Amount set apart for future dividends 34,430,533.00 All other Liabilities, as detailed in statement 1,352,632.20 Total amount of all Liabilities, except Capital $1,365,015,428.30 Unassigned funds (surplus) $ 74,874,395.56 Total Liabilities $1,439,889,823.86 BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1941 Ordinary Policies on the lives of citizens of said State in force December 31st of previous year Policies on lives of citizens of said State issued during the year Total Deduct ceased to be in force during the year Policies in force December 31st Losses and Claims unpaid Dec. 31st bf previous year Losses and Claims incurred during year Total Losses and Claims settled during the year, in full $267,568 by rejection 5,000 77 $ 272,568 Losses and Claims unpaid December 31st 14 34,869 Premium Income?Ordinary, $961,553.24; Total, $961,553.24. President: M. J. Cleary Secretary: G. L. Anderson Treasurer: J. E. Birkhaeuser Actuary: Percy H. Evans Home Office: 720 E. Wisconsin Ave. Milwaukee, Wis. Attorney for service: Dan C. Boney, Insurance Commissioner, Raleigh, N.C. State of North Carolina. (Seal) Insurance Department. Raleigh, Aug. 8th, 1942. I, DAN C. BONEY, Insurance Commissioner, do hereby certify that the above is a true and correct abstract of the statement of the Northwest ern Mutual Life Insurance Company, of Milwaukee, Wis., filed with this Department, showing the condition of said Company on the 31st day of December, 1941. Witness my hand and official seal, the day and year above written. DAN C BONEY. Insurance Commissioner. No. Amount 7,700 $30,795,412 623 2,728,996 8,323 $33,524,408 177 800,961 8,146 $32,723,447 7 13,794 84 293,643 91 $ 307,437 I Am My Family's Purchasing Agent Cobe is today and learn bow easy it la to open a cheeking ac count. If. the thrifty smart way to pay for all year purchase.! Run your household like a business . . . pay (or all your purchases by check. There are no twice-paid bills or danger of theft or loss when yon pay this economical way! The cancelled check acts as your receipt and gives a complete record of all household transactions. Branch Banking & Trust Co. WILUAMSTON, N. C "THE SAFE EXECUTOR"
The Enterprise (Williamston, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 6, 1942, edition 1
2
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75