Newspapers / The Perquimans Weekly (Hertford, … / Jan. 17, 1974, edition 1 / Page 2
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Page 2-The Perquimans Weekly, Hertford, N. C, Thursday, January 17, 1974 Boy Comes Home One North Carolina boy has disproved Thomas Wolfe's claim that you can't go home again. Hal England ; did - by way of his role in one of the most extensive marketing campaigns ever planned by a bank in North ' Carolina. , When Wachovia Bank and Trust Company was looking for a spokesman for their Personal Banker television commercials which would be run in a heavy schedule ; : throughout the state, Hal got a call in his Los Angeles apartment form his talent agency. He was asked to audition for the series, .along with a number of other actors. He reported at the appointed hour and read his lines like the pro he is. this professionalism and his evident sincerity made the perfect combination. For Hal is a man who is believable, with a straight forwardness that would be so important in presenting the bank's new Personal Banker service. Hal was selected for the series. The fact then came to light that he is a native North Carolinian Years before, he had grown up in western North Carolina, never dreaming he would some day be selected ,for a role like this. He was surprised and pleased to be returning to his native state. Bu the route he had taken was a circuitious one. From Kings Mountain, his birthplace, to Asheville, to Chapel Hill and Manteo, and finally the bright lights of stardom in New York and Hollywood. That's the route Hal Took. The son of an ; insurance executive for Southern Life Insurance Company now living in Camden, South Carolina, Hal worked during his high school days at part-time jobs in department stores, record shops, and drive-ins. Summer meant the beach -Myrtle Beach and more work for Hal, usually jobs in the restaurants there. : But it was his job as a floor sweeper in a cotton mill that caused him to raise his sights. "I hated that job," he says now. He became convinced, however, that there had to be more "out there" than what he had pushing a broom. This experience gave him a driving ambition that he's never lost. And that ambition, plus a lot of hard work, helped Hal England rise to stardom on the New .York and Los Angeles stage, in national traveling companies, and in countless television shows and commercials. Hal graduated from Kings Mountain High School in Kings Mountain and spent the following year in Mars MONEY FOR SCHOLARSHIPS Since 1962, the Z. Smith Reynolds Foundation of Winston-Salem has given the University of North Carolina at Greensboro $822,800 to support the Katharine Smith Reynolds Scholarship Program. The scholarships are for women, and now range in value from $500 to $1,650 per year. The awards are renewable for three years of study beyond tho freshman year. . The Perquimans Weekly Court House Square HERTFORD, N.C. 27944 Entered at second dan matter November 15, 1934 at Pott Office in Hertford, N.C. ' RAY WARD General Manager FRANCINE SAWYER . News Editor OFFICE HR& 9 A.M. to 5 P.M. Monday-Friday PHOJJE 426-5728 . " Carelina , SUBSCRIPTION RATES . ONE YEAR '5.00 Published by Dear Publication INCOME TAX PREPARED WILL BE LOCATED AT . ' 303 BLOCK OF MA3XET ST. (Rctertssn's Old Laundromat Eldg.) P.O. COX 3 HERTFORD, N.C. Hill Junior College near Asheville. The next year he transferred to the University of North Carolina at Chapel Hill as a pre-law student. ( During his years there he worked as usual as a soda jerk, cashier in the university cafeteria, bus boy, and whatever else he could find. He looks back on this time as a happy experience, however. "I was very normal," is the way he sumes it up. "I didn't have much money, but neither did anyone else I knew. So it never occured to me that I was missing anything." . During this : relatively care-free period ; he appeared in his first play. And that did it. "I realized this was the thing I enjoyed most," he recalls. "I had never known an actor or anything about how to become one. But the thought stuck in my mind that if I didn't have the guts to try it, some day I would look back and say 'Coward.'" Once the theater bug had bitten him, Hal's life changed considerably. His summer months were spent as an apprentice at Flat Rock Playhouse outside Asheville. There he had a few bit parts but mostly he parked cars and held down the tent during thunderstorms. He was also an extra one summer in "The Lost Colony," the well known outdoor drama at Manteo. Following graduation from UNC, he hitchhiked to Washington, D.C., and from there caught a bus to New York, the mecca for all aspiring actors. He arrived with $32 in his pocket the courage of the very young. The second day he went to work. He got a job at Schrafft's on Fifth Avenue. And as luck would have it, "The Seven Year Itch" with Marilyn Monroe was being filmed outside the store window. Hal was overwhelmed. After meeting Marilyn during the filming, he later became friends with her while they were working together with Lee Strausberg at the Actor's Studio. As it happened, there were a lot of Southern plays being cast in New York at that time, and within six weeks Hal landed his first professional role. That of a Southerner. But it didn't come easy Nothing did. When he read three lines on the audition for that play, the producer literally screamed with laughter. No one had laughed at Hal in North Carolina, so he really wasn't aware that he had that much of an accent. But two years later when he was playing Shakespeare they had stopped laughing. He went on after the first role to appear in five Broadway plays, starring in two, before he made the trek to California, where he now lives! The years that followed found him playing in stock with Don Ameche, Bille DeWolfe, Paulette Goddard, and others. He starred in the national company of "How to Succeed in Business Without Really Trying," which brought him back to North Carolina briefly for appearances in Charlotte and Greensboro. He's also done over 200 on-camera television commericals and over 50 television shows, including "The Lucy Show," Sanford & Son," "Cannon," and . "Mod Squad." Motion pictures claimed him for "Hang 'Em High" and "Wilder Rider." He's currently starring in a new play at the Los Angeles Music Center, 4 ; All this is a far way from Kings Mountain, North Carolina. How did England gel there? He says luck and hard work. And when Wachovia's television commercials bring Hal back all over his native state as the bank's Personal Banker spokesman, we take our hats off to a , young man who's proven once again' that you can go home again! ROLLING ON THE RIVER Even on a cool winter morning, this gentleman enjoys the scenic Perquimans River as he leisurely rows by. (Marren Photo) A Look Backwards By VIRGINIA WHITE. TRANSEAU ENLARGE UNIT PUBLIC WELFARE FOR COUNTY: An enlarged county unit of public welfare is in process of being set up this week in Perquimans, in accordance with a State wide plan, with Miss Ruth Davenport, of Elizabeth City, in charge as case worker, under the County Supt. of Public Welfare F.T. Johnson. HERTFORD POST OFFICE IS AGAIN RETURNED TO SECOND CLASS: The Hertford Post office becomes a second class office on July 1, after having for the past five years been third class. J.E. Morris, who has held the position of postmaster in Hertford since July 1, 1934, announced this week that once more the business of the office has increased to the extent that on July first it again becomes second class PREPARING BUILDING FOR NEW ROSE STORE: Workmen are engaged in making over the store formerly occupied by the Grocery Sales Co. and owned by Mrs. J.H. Towe, Sr.,? which will be occupied by Rose's Five, Ten and Twenty-five Cent Store. The Rose people, with eighty stores in five southern states, have leased the building from Mrs, Towe and have their crew of mechanics at work there. In addition to considerable repairing, which will probably include re-roofing the building and other major repairs, the front will be changed, with specially arranged show windows, and other improvements will be made. It will probably be several weeks before the building will be in condition for the store to open. SECRETARY WALLACE CALLS FOR MEETING OF LEADERS: Secretary Henry A. Wallace has called a meeting of 70 agricultural leaders in Washington on Friday and Saturday of this week to discuss new plans in reference to the situation brought about by the collapse of the Triple A PEOPLE OF LIST YOUR TAXES AT THE COURTHOUSE IN PERQUIMANS COUNTY List ovory day except Wednesdays & Holidays during tho month of January, 1 974 from 9 A.M. to 5 PJX Failure to list will subject you to a ( penalty of ton (10) per cent cf total taxes duo. . program when the Supreme Court pronounced the AAA unconstitutional. HERTFORD DRUGG IST POSSESSOR OF 94 YEAR OLD NEWSPAPER: One of the decisions handed down by the Supreme 'Court of North Carolina in 1842 was that in the case of Nixon vs Cof field, from Chowan County. This and other interesting items appear in the ninety-four-year old copy of the "Hillsborough Reader", No. 1139, Vol. 22 published at Hillsborough and dated September 1,1842, which is the property of J.G. Roberson, Hertford druggist. Mr. Roberson's mother preserved the old newspaper which was found in the effects of her father, Mangum Cate, of Hillsborough, many years ago. Mr. Roberson treasurers the old newspaper, which carries advertisements for runaway slaves and numerous in teresting legal ad vertisements, as well as listing for sale many Farmers Need Fuel There is reassurance for area farmers in the views expressed recently by fuel and agriculture leaders in Washington, according to W. T. Reece, State Executive Director of the Agricultural Stabilization and Conservation Service (ASCS). Saying that it is vital that farm producers get the fuel they need during the present crisis were Earl L. Butz, Secretary of Agriculture, and Administrator William E. Simon, who recently was appointed by President Nixon to head the new Federal Energy Office. In his mid-December remarks Secretary Butz" said; "We at USDA will continue to do everything in our power to see that far mers get the fuel they need to accomplish the important farm production needed and expected. The Federal Energy Office .understands," continued Butz, "that, when farmers need fuel, they TO PERQUIMANS COUNTY 1 I varieties of fine bombazine, challies, and other materials in vogue a hun dred years ago. That everybody did not pay their newspaper subscription price in advance in those days is evinced by a notice which sets forth that the subscription price is three dollars per year, two and a half dollars if paid in ad vance. EGGLESS COOKIES: With eggs almost anat tainable, and priced so high, the following recipe is gladly welcomed. Cream Ms cup butter; And 1 cup brown sugar and cream together. Add 2 tablespoons un sweetened chocolate (melted), I teaspoon vanilla extract, and 1 cup of nut meats (chopped), and blend together. Mix together and sift 1V4 cups bread flour and 2 teaspoon soda and add the mixture alternately with 1-3 cup milk, beating well after each addition. Dry by teaspoonfuls on a greased cookie sheet and back in a moderate oven (350 deg.) 10 to 12 minutes. generally need it right now. -Yesterday it.was too wet to i work, and tomorrow it may be raining again. The 'average' day, or season, or year never arrives in . agriculture." Stressing efficient use of fuel, Butz said: "A massive USDA campaign is well underway to help farmers find good ways to save fuel in an energy management program. Fuel con servation, if not a passion, has become the hot action program of the Depart ment." ;:":.; :.J Energy leader Simon also affirmed the importance of the farm fuel situation. He said, "I can assure you that we are very much aware of the great contribution agriculture is making to the American economy, and we will make evtry effort to provide farmers the fuel ; supplies they need. There is no question that .farmers will hive to contribute to energy conservation, just like , other sectors of the corjomv, Sam Ervin Says . WASHINGTON The U. S. Department of Agriculture's proposed rule to increase or terminate the national marketing quota and acreage allotment for flue cured tobacco for the 19741975 marketing year has caused great con sternation among ' North Carolina farmers. I have advised Agriculture Secretary Earl L. Butz that I am unalterably opposed to any change in our tobacco -program and believe that any suspension of flue cured tobacco quotas would lead to an economic disaster. The changes being con sidered by the Department ignore the essential fact that the level of prices is based upon the quota system and is necessary in order for farmers to produce this commodity. Farmers are ' already suffering from skyrocketing costs for fuel and fertilizer, and have . enough problems without the additional worry over the future of the acreage poundage tobacco control program. There is .considerable speculation that the Department is threatening to terminate national marketing and acreage allotment for flue cured tobacco in the hope of getting agreement to in crease the quota. Some segments of the tobacco industry have been ad vocating an increase in the quota for 1974. Such action, however, would be a serious mistake and could have a far reaching effect 'upon the entire tobacco industry. The 1974 marketing quota for flue cured tobacco was set last July at 1,179 million pounds, the same as in 1973, and ten percent above 1972. It appears though that there may be a carry over of about SO million pounds . from 1973 and that this ' would provide and effective quota of about 1,229 million pounds for 1974. The law permits an excess of 10 percent of quotas to be marketed without penalty. So there is already the possibility of marketings of 1,347 million pounds in 1974 under the existing quota. If there is another ten percent increase in the quota that would add the possibility of 118 million pounds of marketings for a grand total of 1,465 million pounds in 1974. It is this latter ten percent increase in the quota that could have severe consequences if it is ap proved by the Department. Marketings of this amount would greatly depress tobacco prices. This comes at a time when interest rates, taxes.and wages are jumping to all-time highs. Furthermore, there is no indication that inflation will abate. Indeed, the prices of farming machinery,' equipment, and supplies are -increasing faster than farmers can finance them. : ' STATEMENT, MICHIGAN MUTUAL " LIABILITY COMPANY . ASSETS Bonds " . r S12S.774.721 12 Stocks 36,303,337.69 Real estate 4,S60,SS0.4t Cash and bank deposits 3.395.110 10 Agents' balances or un collected premiums, net 15,137.51.61 Funds held by or . . deposited with ceding reinsurers. " Reinsurance recoverable on loss payments S34.456.57 Interest, dividends and real estate income due and accrued All other assets - as detailed in statement TotalAssets: 2,023,417.16 401,43149 $191,211407 .16 LIABILITIES, SURPLUS AND OTHER FUNDS Losses S93.l56.tW 34 Loss adlustment expenses Contlnqent commissions I3.I77.77S.02 : and ofritr similar charges . Other expenses (excluding taxes, licenses and fees) Taxes, licenses and tees (excluding Federal Income ' - taxes) Federal income taxes (137,110.90) 776.7SS.64 132,111.35 134,000.00 Unearned premiums 15,1H.92S.56 Dividends declared and unpaid: (ai stockholders . ., (bl Policyholders 2,136,976 71 Funds held by com- panyunderreinsurance treaties 1,386 00 Amounts withheld or , retained by com- p any for accounts of of hers 137,845.17 All other liabilities, esdefailedinstatemenf '3,903. 36063 Total Liabilities $150,349,424 41 - Special surplus 1iids: J? 000,000 00 Guaranty Fund I.OOO.uuO 00 Unassigned funds (si-mot) 37,731,471.45 Sw ! ,s as reqards P , ,---S in 711.471 45 Ti" !, 21,17 6 Direct Premiums Written; Direct Losses Incurred. . Flr . $30,657.1t; S1.MS.1S. Allied linn $9,917.26; 81,310.39. -Homeowners multiple peril . $140,620.03; $4t.S41.22. Commercial multiple peril . $83,119.73; ; $6,471.44. . Inland marine . $33,396.60; $3,537.11. ' Workmen compensation , $349,715.65; $1S9.723.84. Liability other than auto I147.M0.7S; 'tss.30e.oi Private passenger auto liability VU 355 05, ilt.m x. i Commercial auto liability . $161416.91; $163,220.73. Private passenger auto physical damage 44,074.41; $12,411.51. - Commercial aura physical damage S67.V24.6S; $32,776. IS. ' Fidelity S3.2ve.65; S1.W0.O0 ', Giau tiaa.66; $92.75. Burglary and melt . $3,685.35; Sl.S2l.63. Totals S1.14I.I20.04; tS13.tM.S6. President Ralph J. Ladd ' Treasurer W.B. Rough Secretary Elliott Pox Km Home Office 2t West Adams Avenue, Detroit, Michigan 4I2M Attorney for service: John Randolph Ingram, Commissioner of Insurance, Raleigh. N.C. . NORTH CAROLINA DEPARTMENT OF INSURANCE Raleigh, October 16, 1971. ' I, John-. Randolph Ingram, Commissioner of Insurance, do hereby . certify that the above Is a true and correct abstract of the statement of the Michlgen Mutual Liability Company filed with this Department, showing the condition of said Company on the 31st day ol December, 1972. Witness my hand and Official seal, the day and data above written. (SEAL) . .. - John Randolph Intrant , Commissioner of insurance ' STATEMENT ' CIMARRON INSURANCE COMPANY, INC. , ASSETS Bonds , , - 03,679,042.53 Stocks 3,016.651.56 Mortgage loans on real estate 33,760.71 'Cash and ' bank deposits Agents' balances or un collected premiums, net Bills receivable, taken ' for premiums - Reinsurance recoverable on loss payments . 2,907,471.36 565,765.17 5.70 57,533.04 Interest, dividends and real estate income due and accrued All. other assets as . 33,434 49 detailed Instalment 109.349 34 Total Assets: 51,593,314.66 LIABILITIES.SURPLUS ANDOTHER FUNDS Losses S693,SS6.09 Loss ad lustment expenses 173 61931 Contigent commissions and other similar charges Other expenses (excluding . taxes,llcensesandfees) Taxes, licenses and fees (excluding Federal income 'taxes) Federal income taxes Unearned premiums Borrowed money . Amounts wltheld or retained 143,186.16 27,780 tO 131,613.01 120,029.95 2,639,572.01 47.137.34 bycompanyfor account of others 6.350.55 Excess of liability and compensation statutory and voluntary reserves over . case basis and loss expense reserves 309,177.13 All other liabilities as detailed in statement (104,072.53) Total Liabilities 54,075,970.16 Capital paid up $1,000.00040 Gross paid in ' and contributed surplus ' 1,319,761.46 Unassigned funds r (surplus) M36.4t3.34 Surplus asregards policyholders 3,716,343.00 Total 51,593,314.66 BUSINESS IN NORTH CAROLINA DURING 1972 The following are Line Business; Direct Premiums Written; Direct Losses Incurred; Fire S6.577.30; S3.31S.9S. Allied Hne-SlS6,4$0.70i S64.32l.76. TolalsJ-$l63,05t.00; 566,447.71. President Leigh Warner Treasurer L.W. Alvit Secretary Sidney Warner . Home Office Main Street, Cimarron, Kansas 67535. Attorney for service: John Randolph Ingram. Commissioner of Insurance, Raleigh, N.C. NORTH CAROLINA ' OEPARTMBNTOP INSURANCE ' Raleigh, October I, 1973. "I. John . Randolph Ingram, Commissioner of Insurance, do hereby certify that the above it a true and correct abstract of the statement of the Cimarron Insurance Company, Inc. filed with this Department, showing the condition of said Company on the 31st day of December, 1972. Witness my hand and Official seal, the . day and date above written. (SEAL) . John Randolph Ingram : r Commissioner ofInsurance mmmmmmimm due or accrued 47,746.00 General expenses due . STATEMENT Or accrued 160,556.65 . . Taxes, licenses and CIM INSURANCE CORPORATION lees due or accrued (Excluding Federal Income ASSETS Taxes) 104,469 53 . Federal Income Taxes Bonds S449t.27l.31 Due or Accrued 150,000.00 Stocks 1,600,787.50 Remittances and items ' Cash and bank nol allocated . 71,462.93 deposits 55,055.95 Mandatory securities Agents' balances or un- valuation reserve 116,956.25 collectedpremlums.'not (1,419,79.72) All other liabilities .: -Reinsurance recoverable . (es detailed in on loss payments 1,737,19197 annual statement) . 793,791.65 Interest, dividends and : . Total Liabilities (except real estate income due Capital) $20,176.457 10 and accrued : 65,133.51 Capital paid up - $1,000,000 00 All other assets as Gross paid in and detailed In statement ' 1,316,094.01 contributed surplus ' 1,500,00000 Total Assets: $7,972,741.52 Special surplus LIABILITIES.SURPLUS ANDOTHER FUNDS Losses ' $389,331.40 Loss adlustment expenses 65,116.01 Other expenses (excluding taxes, licenses and fees) 1,466.65 Taxes, licenses and fees (excluding Federal income taxes) - 64,173.91 Unearned premiums 1,113.065.59 Amounts withheld or retained by company for account of others All other liabilities, as 2,197.17 detailed In statement 15,574.02 Total Liabilities $3,351,135.75 Special surplus funds: $1,030,270.10 Capital paid up 1400400.00 Gross paid in and . ' . contributed surplus 500,000.00 ' Unassigned funds (surplus) 3,014,352.47 Surplus as regards ' policyholders 5,614,633.77 $7,973,741.52 Total , BUSINESS IN NORTH :i CAROLINA DURINO 1972 The following are LINE OF BUSINESS! Direct Premiums Written; Direct Losses ' Incurred. "..-.,.. Private passenger auto physical damage-,637,S00.3l; 1,911,336 96. Tota!s-$3,637,500.31 ; $1,91 1,336.9$. President F. A. Mingle . Tresurer Robert C. Lake Secretary Edward A. ffuclllo Home Office 767 Fifth Avenue, New York, New York 10023 -Attorney tor service: John Randolph '. Ingram, Commissioner of Insurance,. Raleigh, N.C. . NORTH CAROLINA DEPARTMENT OF INSURANCE Raleigh, October t. 1971. . I. John Randolph Ingram, Commissioner of Insurance, do hereby certify that the above is a true and correct abstract of the statement of the CIM insurance corporation filed with this Department, showing the condition of said Company on tho 31st day of December, 1973. Witness my hand and Official teal, the day and data above written. (SEAL) John Randolph Ingram Commissioner ot Insurance STATEMENT FEDERAL LIFE INSURANCE COMPANY (MUTUAL) ASSETS Bonds Stocks " Vorfgaoe loans on real estate Real estate Policy loans Cash and bank deposit! S31.103.M6 40 3,077,599.13 31,050,78463 1.173,783 06 S,S46.99 27 551,840.47 "nvronce premiums and annuity consider at ions deterred and uncollected 1,403.514 97 Atcio.it and health premiums d'W,dut nid 135.715 40 Total Assets S75.650.J33.17 LIABILITIES, SURPLUS AND OTHER FUNDS Aggregate reserve for lite policies andcontracts S54.S5S.S69 00 Aggregate reserve for accident and health policies 1431,161.94 Supplementary contracts without lifecontmgonclet . - 601,616.46 Lite ' 44S.431.4t Accident and health ' 351,063 3S Policyholder's dividend accumulations 4,475,J05.S4 Provision tor policyholder's . dividends payable the following calendar year 601,756.00 Premiums and annuity consideration received in advance . 52,174.05 Commission to agents duo or accrued 64,401.55 Taxes, licenses and fees due or accrued (Excluding Federal Income Taxes) 124,035 34 Federal Income Taxes . Due or Accrued 64,000.00 Remittances and Items , not allocated 265,694.56 Borrowed money and . tso.ooo.oo Mandatory securities valuation reserve 701,352.14 All other liabilities (as detailed in annual statement) 5,351,301.34 Total Liabilities (except Capital) S70,65,7t5.13 Unassigned fundi S4.96S.03I.74 Total . 575.650,123.57 BUSINESS IN THE STATE OP NORTH CAROLINA .. .. DURING 1972 Direct premiums and annuity considerations (Excluding Reinsurance ' Accepted and without Deduction of Reinsurance Ceded); Ordinary; Total are the following; Life Insurance; 19,365.96; 19,385.96. Totals; 19,3)5.96; 19,315.96. The fallowing are Policy Exhibit and Ordinary; in force December 31 of previous year No. 794; Amount 1,571,063. Ceased to be in force during year (Net) No. 21; Amount 113,724. In force December 31 of current year No. 773; Amount 1,464, 159, ' Direct Death Benefits and Matured Endowments Incurred (Excluding Reinsurance Accepted and without Deduction of Reinsurance Ceded) Ordinary and total are the following Incurred during current year No. Amount 14,040.27; No 13 Amount 14440. Settled .during current year; a. By payment In full No. 11 Amount4'1 11.040.37, No. 11 Amount 11,040.37 g-Vi' Total paid No. 11 Amount 13,040.37; No. ll , Amount 13.040.37; V Total settlements No. 11 Amount 11,040.27 ' No. 11 Amount 13,040.37 Unpaid Dec. 31, current year No. 1 Amount Accident I Health Premiums 510,599.192 Accident 4 Health Losses Incurred S3.613.SS President A.G.. WiMiamton Treasurer Joseph N. Warga Secretary Alfred J. Sepkowskl Heme Office 4100 North Cicero Avenue, Chicago. Illinois 60646. Attorney for servte: John Randolph Ingram, Commissioner of Insurance, Raleigh, N.C. NORTH CAROLINA DEPARTMENT OP INSURANCE Raleigh, November 9, 1973 (SEAL) ' I,. John Randolph Ingram, Commissioner of Insurance, do hereby certify that the above is a true and correct abstract of the statement of the Federal Life Insurance Company (Mutual) tiled with this Department, showing the condition of said Company on the list day of December, 1972. Witness my hand and Official seat the day and date above written. - -John Randolph Ingram ' Commissioner of Insurance i,iw.w ho. i Amount i.ow.uu STATEMENT FEDERATED LIFE INSURANCE COMPANY , ASSETS S1S.16S.663.1S Stocks 4,711,431.30 Mortgage loans on real estate '., Policy loans Cash and bank deposits ... Lite insurance premiums and annuity considerations deferred and un., collected Accident and health v premiums due and unpaid ; All other assets ' (as deteiled in annual - statement) , . 1S0.S47.12 727,969.45 674,609.64 ; : 1,103,259.71 1,171.22 6.493.411 55 Total Assets 529.065.373.34 LIABILITIES, SURPLUS ANDOTHER FUNDS Aggregate reserve for life policies and . contracts ' " ; Aggregate reserve for accident and health policies Supplementary contracts without life . contingencies Life Accident and health Premiums and annuity consideration received In advance . Commission to agents $13,007,317.00 . 9U.997.00 15,191.00 39t.3S5.00 4,355,447.00 27,110.09 funds S4SO.SO0.O0 Unassigned funds $5,901415.34 . . $$,$$1415.34 Total $39,065,373.14 BUSINESS IN THE STATE OP NORTH CAROLINA DURING 1971 DIRECT PREMIUMS AND ANNUITY CONSIDERATIONS (Excluding Reinsurance Accepted and without Deduction of Reinsurance ' Ceded) ORDINARY; GROUP; TOTAL are the following. Life Insurance - S150,311.12; $122445.29; $272,427.11. Annuity considerations $15,902.02; Total $15,902.02. Totals - $164,283.14; $133,045.29; nautili The fallowing are POLICY EXHIBIT; jft. ORDINARY; GROUP. , ' I 4 - In force December 31 ot previous year I ; V No. SOS. Amount, 9,396.183; Number of i ill Policies, t. Amount, 19.603,197. . ! , Issued during yaar . No. 60, Amount. 1 $36,051. Ceased. to be in force durlngvear (Net) w NO. 57, Amount 1,363,360; Number ot Policies, t, 1,310,111. ' In force December 11 of current year K No. Ill, Amount $,160,674! Number of f Policies. 7, Amount, 16,373.076. Si DIRECT DEATH- BENEFITS AND I MATURED ENDOWMENTS INCURRED (Excluding Reinsurance Accepted and without Deduction of Reinsurance Ceded) ORDINARY; GROUP; TOTAL are the following. . , : .r Unpaid December 31, previous year . No. I. Amount 5400.00TOTAL, No. 1, Amount 5.000.000. Incurred during current year No. 9, Amount 52,783.44; No. of Certlft.. 17, . Amount 33,130.00. Total No. 46, Amount $85,902.44. Settled during current year: - A. By payment in full - No., t, Amount, $51,93200: No. of'Certlfs., 17, Amount $33,120.00; Total No. 45, Amount $15,052.00. c. Total paid - No. $, Amount Sl.932.00, No. of Certiti., 17, Amount 11,110.00. Total No. 45, Amount $15,051.00. - ' I. Total settlements No. I. Amount $51 ,932.00, No. of Certlts. S7;' Amount $33,130.00. No. 45, Amount Ml 053 oo ..- Unpaid Dec. 11, current year - No. , Amount $5150.44; Total No. 2; Amount $5,150.44. Accident $ Health Premiums $5,578.20 President C.I. Buxton II Treasurer Paul Ottesen " , Secretory James B.Hamilton Home Office 129 East Broadway. Owatonna, Minnesota 55060 Attorney for service: John Randolph Ingram, Commissioner f insurance, Raleigh, N.C. (SEAL) J NORTH CAROLINA DEPARTMENT OF INSURANCE .1 Raleigh, November 9, 1973. ' I, John Randolph tnoram, " Commissioner of Insurance, do hereby ' j certify that the above is a true and correct j abstract of the statemenl ot the tr-"rared j Lite Insurance Company fi d w -n this , Of partment, showing The cui 'i not said ( " 3'5' a"v 01 D"rm ' day and dmc a .v -- 7 i 'J 1 f) 4 v - i 3 ; 7 S ' i b i 9 1 3 I. 1 : ' 3d 7r 'f. t, ,'J fc -rr 'ti ll -t, 0 ip nv ' , ) it ) a e L e t"-t p ll o
The Perquimans Weekly (Hertford, N.C.)
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Jan. 17, 1974, edition 1
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