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 (
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