Newspapers / The Carolinian (Raleigh, N.C.) / Sept. 3, 1949, edition 1 / Page 7
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WEBiC ENDING SAT UK DA V SEPTEMBER 8, 1949 JONES WINS ’TROPHY IN LOCAL BOXING MEET ———M« —-iiiiiwwa —l———mm •■we ft-Ilf iwW.miwni■ AT THE RINGSIDE BY LUIX VIRGIL OVERBID SUGAR RAY $ li anyone liar: -lay duubt a# to Hay (Sugar) Robinson'* future in the middleweight division he should check on what happened to Steve Belloise last Wodpesdo.v "ight at Yankee stadium Bello se recognized as No. 1 challenger tor the ltlii pound title and Considered one ot the hardest punchers in his division, hud come r.o the r.ng vowing to knock out Robinson by the end of the .seventh round He opened up from the first round oh r gainst the wc-ltherwejgnt tjir.g in the.i scheduled 10 round coat. At the end of the seventh round a man had been kavoed alright but it was not Robinson. It was Steve who could not answer the bell ior the eighth round Robinson had battered h:m into helplessness, and at the same time had weather ed Beiioisc s best blows us the tight Fans were on their feet through put the fight, ana could do nothing but cheer until they got hoarse Ray Robb.sun will surely 1 ccorne middle we.gin chump,, ».t the world whencvei he fact s the wi ner of the Marcel C* dan-Jake LaMott; Septemb i 28 fight tor the 160 pound crown LLVkuta prob ably will whip Ce.-Jan again and then Ray will take him toi trie fifth time Rev tier. Ahum many fans Hit h«ct slipped, especially alter they heard that In* had been fleet ed m his training sessions, is st 11 in his prime He is undoubtedly one of the g*eat ring generals t f:ii time at any weight SUPER CARD In Chicago Ntpro promote! Fred Irvin probably round d • one vs the most lucrative card.- ever scheduled in ring history Not only a a he Tihe up six worlds chain-' piens to appear in four-round ex- I hibition bouts, out he al-o had a' fCutuie 10-found attraction v.-h,r-rs alone would be an excellent taic! in any ci'v He lined up Haroid Dade former car.tamweig-u chan. 1:10:1 of »..<• world to face Sandy Saddler, ex ffathet weight king Both 01 these lighters are sill! young and are on then way up. nc.i down Both arc {dike in that tiny lit !d the r title? only a few month.-, losing them to the men from whom thev won them A third feature of tins card was thi t Joe Leu:lk Bi v. ;■ Bomb.- returned t>> the n g not .>- t fighter but a refer- > He was the third man in tin ring when Erzard Charles his successor to 'iit heavyweight championship squar ed oil with Joe Mndzelle of New Kensington. P. u: four-round . I I *1.95 ' m it Fifth* "X- t*****‘ 86 Pta&f rut trttwtr wHtsxm rot tw» rioooct tM 4 n*M at Stoat ou». »»«E *«»tow» vmim, *m% N«vr«M tmm ennui* PISH OCkIK. I mmm 1 «w« tsrif*. mut turn a* Mini. iiMur.iwKi.mii r-, ht.-.tm-. * * . S4J4O$ 4 J40 * fl|t e G*w if • seven s 2n. jm ii STAB Msk |j Sfendnd whlfkay. "th» ' I tfroipM whlski#* or* 4 I l9*W / h ye«« or mere oid. 37'4% m % J S£Vf^j r / c Mrolgkt whiskey *214% ilil I / neutral spirit* dhtliNd Ww ffi S J » from ®rain, 15% *tr«i»k* f' * « *"*?’, j whltkey 4 y*«r» old t. 18% rtraifht wh»*k**v 5 I ytar* alii. 7Vi% #tr«lt»ht iRWI -n !-' whiskey & year* eld-" t'WiP j s i»D*SI»*IIMAM It WORTS IIMITIO, MORIA, lillHOlt t ' exhibition The other chain) ions in the line up at tile Chicago stadium Friday night were: 9 ivliddluveight king Juk* La.Viot'.a vs Clare ice Wilkerson of New York: welterweight Ray Robinson vs. Charley Dcxtscn r.t St Louis; ' Lightweight Ik. William* vs. Arth ur King. Kr tish empire champion .of Toronto. Canada: feather weight ; Willie Pep vs. Miguel Acevedo Oi I Cuba, and bantamweight Manuel j Ortis vs Chuck Wilkerson of Los Angeles Admission' prices ranged from $2.60 to $6.75. The champions used 3 2 ounce i gloyes in their bouts: (eight ounce gloves are used in icgular matches lin Illinois.) Each round lasts d : three m. nines. Each champ receiv ed $2,000 except LaMotta who 1 got $3,000 because he broke train j ing camp for four days to make, ■ the date. He meet? Marcel Cerdun ! September 28 in New Yi.rk A FEW G» It KIH ' Freddii Dawson who continues : ht>. tireless quest tot a lightwt ight title boat will face George <Sugar) 1C - :-t:u r in Philadelphia. Septem ber 21. La-'t week Dawson took cure !of D> tig. Rat ford to eliminate an other pesky lightweight challeng"*.' In Cn.tner Dawson tviil meet 5 . man otter, mentioned as welter weight title material. However, i Cost net was once kayoed in one , riuno by H--> Robinson during the w .11. The In^nnat. until Boxing dub 1: j meeting quite a bit of opposition in : Chicago from the promoters it ousted from the Chicago stadium Tie IBC however ’.old the lib: op Athletic commission at . conference which included th« <-x-stadi>irn men. lrv Set) enwald and Jack Bc -•un. that if all it.- requested date.-, are not approved Chicago stands to lust ,-ome lucrative light- during the indoor season Under the IBC setup, fights from Chicago will be televised and bi adeast coa.-.t to 1. a.t Th, t Fred Irvin presentation s for the bt-netil of the Associated Charities The Rtv Louis Rawls pastor. Tabernacle Baptist Church is chairman LEAGUE BRIEFS NEGRO AMERICAN LEAGUE STANDING EASTERN DIVISION W I. Pet New York 6 3 CO" Baltimore ,17 11 .607 Philadtlph.a .6 5 .545 ! idianapulis 4 18 182 WESTERN DIVISION W I Pet K. nsas City !7 12 .385 Chicago 9 7 .563! Birmingham .12 12 .500; Hmi-'on . . y S .506 Memphis. Vi 16 44$ BATTING AB K II Pel Dads Bit 266 59 305 .395 Be yd Mem 254 53 97 .382 Rigs. Ind 198 22 75 379! Brown. XC 283 65 107 .378 \ Lomax Davis, Bai 246 •»;, 87 .383: Formenttel. Mem 268 53 97 . 362 IN DIVIDE'A I. I.E A DEU S Double- Neil. Ind. 26. Triples Formentha, Mem and uilliatn. Balt. ! 1 Horne Runs Brow. KC, For i.ienthal. Mem,, and J. I):.vs. Hou. 12 Runs Batted In Brown KC‘. 82. Runs ■ Gilliam. Balt 73. Hits Brown KC, 107. Stolen Bases Sorrell. KC. 13 } itching Byrd Balt 10-2 Strikeouts - Collins, KC. 131. LEAGUE BRIEFS Viper Dm; of the Birmingham Flack Barons is mairitalhih,.-, toe hot a pace t < the other batsmen in the league He raised his aver age three points to 395 and 13 points ahead of Bob Boyd's .382 Davi; is also tied for second place in double:- and tied for second in hits and tim'd in total bases. Most of the other batting honors gc to Willard Brown of the Kansas Group Attends First Negro Open Boxing Feature In Capital BY CLARENCE H. HUNTER A crowd of nearly r thousand witnessed the first city Negro Omni Boxing Tournament held at Me morial Auditorium on Honda v evening The- bouts wove sponsored by the Raleigh Recreation Department and directed by George Mitchell, Negro Recreation supervisor. Each bom was of three two-minute rounds duration. Silas Jones 1161 > of Vtake For rest and Herbert Lewis <H4t of Raleigh were the principal- in the Las; light of the evening. Jones was the better fighter from the beginning of the first round. After sur-essive blows to the body of Lewis lone* had him in trouble. It; the third round Jones fed ,1 germs of lefts and rights to the body and head of Lewis to tloo* him for a conn: of nine Lewis got up and fought buck and the hell saved him from being knocked out. KG In the other crowd thnlie . James Johns (158- of Raleigh was knocked out by Daniel Brown 1161 i of Durham in two minute" and 57 seconds 01 the third round. At the opening of the first round Brown rushed from his corner and began slugging. As the fightey rimveci inward the renter of the ring. Johns took command of the fight and bis consistent jabbing and lightning- like punching kept him ahead for the first two rounds As tht third round drew to a < lose, Johns was tracked into s net ’ral cornu by Brown and when h dropped hi- guard, Brown eatu'it' him with a smashing' right on the 1 bin. SfULES DECISION’S JONES The b o u 1 featuring Ciei. Buries (16s 1 <>f Raleigh and Isiah Jones 11721 cii Wake Forrest was another match popului with th ■ ■ crowd Jones wa,-, the aggressor through out and the better fighter. He had Fish Bowl Classic Seen As Sizzler NORFOLK. V a Hampton's Pirates defending their ’4B Fish Bowl championship here on Fcre iii.-a; Fade. tbe Shviner-sponsored ela-.-ie on Saturday night, St-ptFiv.- t e.t 24 will lace a Shaw Unlvi <'si t> tlevti , out to i-egatii the '47 laur »ls which It lost last year. Although tne Pirates up-, t the i.-twhite CIAA ch; -ps 14-0 in the lb -vbson opener. there is reason to beli.ve that Coach Harry R • Bi- Jett Jefferson will face a tartar in h - liest syirt a- Hamp ton mentor For Coach Brutus Wil c* iu Bears are prts«'iiting a lim ir. of three and loiu-yeai veterans this year Last yeai the men who v. •*, cnampionphip a- sophomore- and ; ireshrnen in ’47 may hav* been I overconfident This >en< these bai ;t!« -scarred veterans v Ui t... st.i.v (.■a tor success. SHAW vn \( K Spearheading the Shaw attack ■ cce more i All-CIAA Tv.iliie ■Zebra 1 Bellamy. 197-pound naif tack e ft -e runner and pass re ce vet. Chunking the passes again will be "J 1. " Jackson and driv ing hard fron the fullback position again will be the hard-plunging William (Hawki Wallace. Captain James A. Joyner, senior end front Raleigh and a great de fensive player, will lead the vet eran line, ably abetted by such sen iors as Charles -Kentucky) Lee. a. real mainstay at center; Leroy Way. i.-11-CIAA guard; and Bill ■f a;-non Bail) Cannon a v-werful! tackle The loss of Everett I.attirnore at end is the only , • ally damaging ut sti action from the '4B Bear j lineup -i (c Charles England the Cits M> .arcus He leads in ti total b;i:(V arid runs butted ill; is tier lev . 1 home runs, ~t c-ieo in runs scared tied for second in doubles and third in triples At the same tin ; h«- is one of the !o cue's best fielding outer gardeners. Blown -onic day hopes to get a second shot at the major leagues. In 1947 he spent a month with the St. L; u s Browns but did not have k-.ig enough to prove nimself. Young Gene Richardson seems to be about the best all around pitch er in the- league. He is second in wen-lost average second in strike- ' outs, aod has one of the lowest earned run records in the league One of the better pvt ntial pitch ers is Gere Collins of the same term ;Richardson, the Manarchs, Collins leads the league in strike outs, but also leads the league in 1 free passes wlh 80. In 117 innings he has allowed only 37 hits but hi- wildness hat allowed 56 runs to score, leaving him a record of 3-9 fc-r the seaso n He also leads the league In wild pitches with eight. With good control lie should be come one of the league's best hurl ers. , CLASS Os LEAGUE The Kansas City Monarchs arid the Baltimore Elite Giants art ap parently the class of the league. Although at various stretches of the race another team may be hotter ' than either of these two, no other team plays as consistently as either. buries in trouble early in the se cond round but d'dn't press tot a i K.O. j The crowd yelled 1 taeli hoars- . 1 for a knockout in the third round, j but Suries was unable to deliver | bees hue of his continuous back ! tracking and watching his seconds He won the unanimous decision oi i the judges. OTHER RESULTS The results of the other chant pionship bouts follow: David Bridges 1124) decisioned lames Wiggins (126); Albert Lit ; as 1133) decisioned Robert Sear. 11 oroogh (126): George Bilker ! ( 136) decisioned Leroy Bennett j 1139 - and Raymond Burnet (173) idecisioned Emanuel Crump (226) Flyweight -Richard Bennett, de cision*: d Carl Baker: Eugene Willi ■ decisioned Charles Dunnigcn ot Durham. Welterweight- James Horton tie cisioned Herbert S*mitli; Billy Wil Hams decisioned Benny Moore. Middle we i gh; — J H en ry We idot 1 d e cisioned Milton Cole. Sam Logan and Clinton Charles fought a no decision exhibition TROPHY WINNER Silas Jones of Wake Fores! won the best all.remind boxing fremit? presented by Smith Mtllville Dai ties. Winners in the championship bouts received golden solves: the losers, silver gloves. Winners and losers in ihe consolation division were awarded buttons. John Scott. brother of Governoi Scott and local manager oi Smith Melville Dairies, presented the trophy, gloves and buttons to the fighters. All awards were give® by Smith Melville Dairies. James Stevenson of Shaw Uni vi raity and Roy !> Moore of St. Augustine's College were referee; The judo -- were Lester McNeil and Robert S. Turner. John Winters A the boxing instructor and arranged the bouts. only missing mu nstay has several ether quarterback; ready t- more ;han till his shoes. PIRATE WILLING Hampton has lost its top two ground g a triers. Bill' Lovett and Cocky Payton and two oi it- best linemen, Ray Stiles at end and Torn Kiah at tackle, among others But the pirate:- have a spehl all : around athlet.- in aII-CIAA Soap 1 i vis veteran end, wiOlhoi all t Uhei Gut dull, of Norfolk, A guaid; Captain Bill Corbin at tack le win .ninenow missed newspap er honors last year but won the Townsend Trophy v tire team's "most valuable " playct, David Red" WIB a ms. u line center: ; Malachi Allen, a highly promisiri.’ : sophomore (r.d; several other vet eran linemen, ar.d quite .j lev. : fackfic-ld men who saw service last year competing for almost "wide ope 1" spots behind ’he line. 1 Leading th« array are James Dillard, a tire iumter and passer, and John t Khaki 1 Carroll, a fast any halfback Theft then are : Lloyd Poolr. who plunged very ef fectively against Shaw last yea,: (James Brysc.'i and Arnold Thur mond two of the heroes of the 20- .19 Fish Bowl upset over Wilber* force lust year; Dick Williams, an ; ether jackrabbit back; and nth* who might supersede ary of these Hampton'- lineup isn't as predic ' table as Shaw’s, but there is enough DatbiiU on hand to promise anoth er iz/I}ne battle between the. two i teams in the second Shrine Fish ’ Bowl. The football classes, moved this ! year from a post-season spot to 4 "Ma opener of the CIAA football 1 season, as sponsored by Norfolk's! Arabia Temple No 12, with Hei man Harris as the chairman for tht event, tor the benefit of the Shrin* I ers Tuberculosis and Cancer Re sea 1 eh Fuundation PIGSKIN HUDDLE 1 (Continued from page t; 1 making gooc at Butler. Last year ' Jhe was captain of the school s freshman -iquad. Back Bill Willis is returning to the Minor squad this year ' VIRGINIA STATE SCHEDULE Virginia State has scheduled j eight came.- lor the 1849 season ! l it will open October .1 at Blue- • Held State in BUiefield, W. V(*. Oth- I er games are: Shaw at. Petersburg ,Va.„ Oct. 8; ’ :'N(:rth Carolina college at Durham, 1 !N. C , Oct 15; Hampton al Hump- ( Hon. Oc: 22; Virginia Union Li j j homecoming game- ut Petersburg, j Oct. 28; West Virginia State as Pe . ‘ersburg. Nov 5; A. St T. at Peters burg Nov. 12, and Morgan at Bal-1 t more Tlianksgiying Day Nov. 24 Frankie 'Sugar Chile Robinson starts making d’sks for Capital re cords during the month tSeptem i fcer) that make* ycur reporter oar year older. THE OAROMNIAPr LEGAL NOTICE STATEMENT BANKER’S FIRE INSURANCE COMPANY, DURHAM. N. C. ONMTION DECEMBER 31, 1918. AS SHOWN BY STATEMENT FILED Amount of Cn-pltal paid <lll cash I 200,000.00 Amount Ledger Assets, Dec. 31-st. previous year. $290,252.66 Increase paid up Capital, •$- —* , ... Total, i 290,252.66 Incc-tno--From Polloyyh’rs. $165.30 Alls {5159,6(10.24; Tot.. $ 159,731.54 DL-.burscm'i '! Policyh'rs. $ -; Mis., $169,045.95; Tot, $ 159.045.95 I Fire Preniiums— Written or ren'w'd Our yr,, siv In Force, $ All Other Prenis, Written or renewed Out yr.. SO. In Force. $ ! SQRt$ i 'value oi Real Estate «. .$ 73,•126.61 - Mortgage Loans on Heal Estate . # 21,52 k V, , Loans on other than first lien $ | Loans secured by pledge of Bonds, sttUe-k, or other collateral $ ; Value of Bunds nnd Stocks $ 126,280.01 i Cash in Company's Office $ 1,651.11 \ D«i>- »n Trust Companies and Banks not ou Interest * 19,321.31 i Deposited in Trust Companies and Banks on interest $ 1,000.00 I Agents’ bal . representing bus. written stibseq’t to Oct, 1, ’4B $ 27,199,00 Agents' bal.. representing bus. vrrlnen prior to Oct. 1 'lB $ 502.47 ; Deduct Ceded Reinsurance Balances PayabU 4 : Bills receivable, taken for Premiums $ 7,842,30 | Interest ami Rents due and accrued $ 1,052.87 j All other Assets, as detailed in statement $ 12,698.58 Total $ 292,200 66 Less Asset- not admitted $ 3,801.44 Ik'tal admitted Assets s 288 399.22 U.IBI UTIEZ Net amount ot unpaid lot-se: and Haim> % Unearned premiums $ Salaries, rents expenses, bills acc’ts, fees due ut acrued $ 53...0 Estimated amt payable for Federal, State. county and municipal taxes due or accrued $ 7,187. cm Contingent comm Ist one. or other charges dm or accrued t | Reinsurance and return -prams, due other companies 8,064 53 1 All other liabilities. ;u? deiallod in statement 7H7.62 Tptfil amount of all liabilities except Capital V 16 072 79 Special surplus fund • ( apita) paid up . . $200,00u.00 tnasig-ned funds (surplus) g -o 326 48 Surplus as regards Policyholders * 272,326 4-3 Total Liabilities 2SS 304 ‘i 1 * BUSIE.9SS IN NORTH CAROLINA DURING I*4B trire Premiums received $ 8$ 00 ■All Os her Premiums received $ 30 00 < [ Bicuie.rd--Fire 5 ; Paid » i - U3S ' l ; inc 11 rerd - All other $ p aid 1.-»• Kennedy; Secretary R.’ N. Harris Tn ..sm>! l e ick Hun.* Oflict 707 Fayetteville St Durham N C. Ationiev u • <- onintisloner of Insurance. Raleigh. N. r 2. S,atf ° f No,th ° Broina . Insurance De-partment Raleigh. July I. .Waldo C. cheek CommisstoHer of Insurance, do hereby certify Rankers ’T <?"* ' r,rret '' abpt,act ‘»’ statement of the . , 1 ~ e lnM,ra ' ir *’ ( ompany of Durham, N C filed with this De • i'Weinber. eondUio * of *** Company, on the 31st day of 'A ALIX) <7 CHEEK, Commissioner of insy-om-e v STATEMENT --Ddih CAROLINA MUTUAL LIFE I.VSURUANTF. COMPANY DURHAM, N. C < Lvcemiier 31, 1948, as Shown by Statement Filed v < r:pitul paid up in cash ■Amt. of 1 cil go 1 Assets Dec 3j st oi f, !r vi T yeHr U 9 ,72 ' 4n: Increase of Capital during ' ' T ofa ! j 19 ilf 438 35 Premium iinome $5,358,613.19, Miss . $1.120,032.73: Total f 9 4,'8 646.92 Disbursement- To Policyholders, $2 270 036 63 Miscellaneous. $4,235,947 87; Total'. $ (-.565 984* , bus writ,,-m during yr N- of Policies 181,367; Amt. 5 53.364h33(D ■ us ' 1,1 for at end ot yi No. Policies $615,574 Amt » 139 868 226 00 assets sciu*- ot Hi!-.; Estate (ies amount of encumbrances) » usit ,'24 7' Mortgage Loans on Real Estate $ 3 7,70237 f*6 Loans sc 11 red by pledge of Bonds, Stocks, other collateral j 5 996'0n I.Dari- made to Policyholders on this Company’s Policies .-“signed a*, collateral * sn , 1-1 -1: Net Value of Stuck# $ :iC DfcM Net Nairn *>t Ronds * j, jr ;84 84,1,08 ■ Prtnrum notes u*. Rcli('ies m force * *9 734 <e, ' 1 i 920,971.5.) and Rrntsdue and accrued * 152,668.(it Pieniiurns niicolle,:,*a and deferred 5 698,203.49 l otai | 28.043,159.03 Less As, tx riot admitted $ 81,829 6 Total admitted Asset# » 23.0il 329 1.: LIABILITIES Net Reserve, including Dtsabilitv Provision . $ 18.073,63*.-to Present talue of 'tmounts not yet due on. Suppiemen tan Contracts etc ,$ 4.924 76 ' IN,hey Claims $ 243.113 24 nivuivudk left with Company at interest . ; 16,902 43 Premiums paid in advam-e *, 116.28fi.22 Commissions dm to Agents v utl.Vf.i 2$ l in-a-m'd Lsteres* and Hen! paid in advance $’ 3.719 (11 Estimated Amt payable for Federal. S*afe. other Taxr. $ 152.068 14 Amount due Stockholders $ Dividends due Poll. yl< kiers $ 66.0.88.83 4mount.* set apart for future dividends i 70.297.86 Nil other Liabilities, as detailed Hi f-.t.<tcms®t > 612,966.45 Total aint. or all Liabilities, except Capital $ 19 490.852 71 Itbse rv fee: • Capital paid up iu Cash $1.52-., 470.42 Cnasigned funds f surplus i $2.;>00,000.0u > $ SH« 476 *.i Total Liabilities f 23.011 329 13 BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1941 Policies on 'he iivos of citizens of said State in December 31st ORDINARY group industrial AY- Amount No. A tut So. Arnt. 1 *,f prey yr 15 406 11.114 811 00 1532 512.00 140 871 $26 091.536 00 ! Policies on the i lives of * itf/en*- oi said State issued during >bf yi 1.433 $ 1,506,750.00 1 SIBB 45 666 45.688 $ 9,996.173 00 Total 16,M# $12,621,061.00 i $715,867 00 186 559 $30,087,709,00 Deduct ceased to be in force dsiring the vr 501 $ 1 049,691 Ot, $ 34,686 $ 7.641,442 00 Policies in force Dec 31a* 16.31$ i 11.571.370.00 1 $715,167.06 151.878 $22,246,867 00 ixmse#,. Claims unpaid Dec. 31st • f previous yr. i $ 500 •$ 2 $ 303,00 i.osSM, Claims : Incurred dur. yr. Cl 1 46,551,00 i $ 2,600.00 209 $ 146.574.00 Total 62 i 49,051.00 1 $ 2,800.00 sll $ 148 677.00 Losses. Claims settled during it;.. in full $200,300 Iby compromise. $0; jby rejection SO. 62 $ 49.051.00 $ *ll $ 148,61, OU , Losses, Claims | unpaid De-. 31 $ 1 * 2.800.00 $ Premium Income Ord. $489,686.54:; Group, $12,916.61; Ind. $929,189.18; Total 1.431,6*1.35 President: c. C Spaulding; Secretary. W J. Kennedy, Jr.; Tragsurfe; E. R. Merrick: Actuary. A T. Spaulding. Home Offl<4; 114 TV. Parrisu jSfc, Durham N. (’.Attorney for Service: Coramisloner ot lifßUranca, I Ralftigh, N. C. FT ATE OF NORTH CAROLINA I\sURU ANt ’ B DKI *A R TiV *EIN t’ Raleigh, June 1, 1949: (genii 1 william P. Hod gee Contmisloner <>f Insurance do hereby 1 i certify that Ihe above •« a true and correct abstract of the start-mem vs the North Carolina Mutual Life Insurance Company, of Dufham >. ' ' j filed -vith thi- De.pai'tnvent,.showing the condition of -aid t ompany m* ; the 81tw dav ut Dwcm-ber. 1946, , • \ WHnest my hand and official seal, the day and year abort wrhttw , ■ WALDO C.'CKSEK. <tom»'A**tenfr vs trtmrttnee LEGAL NOTICE S'TATIOM MNT SOUTHERN El DELI TV MUTUAL INSURANCE COMPANY nv nha m . n. u. CONDITION DEC. 31, 1918. AS SHOWN BY STATEMENT FILED Amount of Capital paid up in. caoh I 39.000.60 Amount ot Ledger Assets D« •. 31st of previous year, sv6.2 H 9.BN Inn ease of Capital during year . $ —; Total, $ 85.2*9.87 Income - Krom PoHcyh'ers.sNo,fisl.3s; Alls * 2,670.45;:T0t . $ 83.322 10 Disbuds -To PolleyVere, $26,881.86, Mis. 861,764-92; lot t 77.439. TS ASSETS Value of Real Estate { IS a11.62 Mortgage Loans on Real Estate $ 9.952.78 I-<-ans secured by pledge ot Bonds, Etoeks. oi other cullat'l 1 15.45 Value of Bonds and Stocks % 55.336.80 Carl! in Company’s Office V 1.i00.J" Deposit in Trust Companies and Banks not on interest $ 6.014.0$ Deposits in Trust Companies and Banks' on inverast 8 Premiums in course oi Collection 8 2.689.71 Bills Receivable $ ; Intere 1 1 and' Kents due and accrued $ lu-I.Si) - All other Assets-, as detailed in statement $ 6,84J.f1$ Total t 96.594.0? : Less Assets not admitted 8 9X6.02 Total admitted Assets 8 95 675.05 l.i ABILITIES i Unpaid Claims 9 3.10515 Expense, Investigation, and Adjustment of Claim* f ' Unearned Premiums 2 9.406 24 Commission, Brokerage-, and other charge; due * 109.59 Salaries Rents, Exp'se« Bills, Ae’ts. Fees. etc., due or arc'd 4 88.ij Estimated amount of Fed’! State Co. and municipal taxes r 2.753 49 Return Premiums 9 • Funds held under veins-urarice unities 8 Advance Premiums 2 All other Liabilities as detailed in statement j 1.195 78 Total amount of all LibalitUs except Capital 8 15.998 87 Reserves $ 8.316.98 Cupltal paid up $ 36.000.00 Surplus over all Liabilities $ 35.159.20 Surplus as regards Policyholders $ 78.676.18 Total I.lbalit ......... 8 »5 675.05 BUSINESS IN NORTH CAROLINA DURING 194'- Accident and Health $ 67,982.00 $ 22.244-00 Fidelity $10,927.00 $ 3,841.00 Surer- 4 1 743 00 $ TOTALS $ 80.652.00 $ 25.856.tT President. J. C- Scarborough Sr.: Secretsry^Treuaprer. Wat J. Walker j Jr. Home Office 527 S. Eim Strvt. Durham N. C. Attorney ior service: WM P HODGES Commlsstoaer cf Insurance- Raleigh. North Carolina. STATE OK NORTH CAROLINA INSURANTE DEPARTMENT Raleigh. February 22nd. 1»49 i. WM. P HODGES. Commissioner of Insurance do hereby certify jin at :he above i- a true and correct abstract »-i the -'tatement ot the i Smuhen Pindelity Mutual Insurance Company, ot Dutham, N C filed v ifli i his Depart no ft. shoeing the i-oodit i-m aut tami-am on rt»“ Slst day of December, 1946. Wittiest" my hand and otficiai sea; th-> day and year above written WM. P. HODGES t .mm ToWf a. -a'.< t STATEMENT WINvSi’GN MUTUAI LIFE INSURANCE COMPANY WINSTON SAI.EM N V CONDITION DEC 31, lev AS -MOWN BY STATEMENT FILED Amount of Capital paid up it* • a-ti 9 Amount ot LedfH Asset- >'.*•< IP; of previous ve-ai $1,254.56 -s i li, ; - j - ot capita! during year. % r-tal $ L 254.553.44 1 Ternium Income. $567.63 vil- ssi-.-3t4 3n Total $ 676,944.83 ; iJlstb't-s--To Policyh'rs #t- :. 06.62; MU 4305 991,58 Tot. $ 439,498.29 Business written dtirint via No. ot Poljci-s 13.088, Amt 8 022.946 oft Bn in force at end ot Yi No. is Policies -IT :■* Amt 6 * 688.19.4 96 assets Value oi Real Kent- c- - --moeM- of et.cm.tbrar.--es *’ i Mortgage Loans on Real Estate 4 hiSJtt.'v l oans secured bv pledge of Bonds SP-c.kr or other colla ; $ 1 ,-,ans mad ■ to PoliVis on Hit- Co - poi Is a-stenert as coll i $ '-.854 89 Premium note; -m Poline in fores- tof which $ is tor first year's premium t $ Not Vat tie of Bonds * 5;U.000,m.i ' Net Value of Stock* 2->.n>)4 0* Cash * 12 HSIH a in! Fit-Tit s tluf &ud accrued iremiums uncollected and deferred $ J*’ 8 !!’!! i All other A -sets, as detailed in statement $ 16.1*6. :5 TOT 4) I 1.580,093.46 Lees' Assets not admitted * 35,908 66 Total admitted As.-;, t- $ 1.494,1-^6.49 LIABILITIES Net. Reserve, including Disability Provision $ 1,129 319 ub Present vat of amtm. out yet due on Sopplom'y OwM'ts. etc. $ p< iicy Cihimr ■■■•■■■■* H Dividends left with Company at Interest f '•■J”-** Premiums paid "a advance * Unearned Tut erf u and Rent f- d in advance $ "'onunissiuiiS diie to Aget.:-. $ *'■ ' * ' Estimated Amt payable f<u F.-d’l State, and other ’I axes $ Amount due Stockholders | Dividends dt»e Polr vhold* c Amount set apart fw future dividend * All otic t I.iabtli'tes a- detail! d it. uUfi -u f " f '' *: Total amount of all Liabliitns except U.ipv.as $ 1 liiSbi.SH he-'i-l Vc Captial paid up in Fash * . .. ,I’nassignWi funds ( surplus » 200, not'b>. $ 36t Total l.iabUUi'-s - S-l’- H -'ft'** BUSINES IN THE ST a I E OF NORTH CAROLINA DUJIIN4B IM* Uulkie.y on the lives of eitilehf 01 said State i. force Dt". 31« t , ORDINARY GROUP •iMnsIHIAI .No. Amount -Vn. a nit Vo. A.»U. prhlon* year 1,225 $ 79 6 382.66 i ** $( .869:971)9 Policies on the lives of citizens ®* of .-aid State issued during vr 3n 4 24 3.000 $ l mm » 3 "9,946 Mb Total 1 566 $1042.682 «5 $ 62. 53 $11.1)49.683.69 Deduct ceased t he to force , ~.. ~ ~ <, during yen 1 264 $ 2u2.29u.28 $ $ - 6021 ■ ll Policies in - : force 'Dec. 31st l 302 $ 840 598.37 # 50,676 $ ».047.51?.5« i.ofses and Cialihp unpaid ia-c 3151 of 4 600-92 previous yt-ar 4 * Losses ana Claims Incut red , . „ ,q duiug year n $ f-956 49 $ JUIJ. Total ~ 14 * -e.956.49 $ ?05 6 85.5-47 15 Kbft«4M a-tal Ulalinr. settlwi dnHng the ytar. In full. rejection l * - - 14 $ 0.956*3 V ?«* $ UlMl Torses and ..« * w nary 1 *Ts!b42.4o Group $ ; Indus. $644,088.13: Tot. $ President J. W. Hill; Secretary, £ F- Hill: Treasurer, A. P limistoU- Actuary. N H Betmrn, Jr., Home Os Ice 1100 E. Uth. UnttO^ "’vlinln'tiNSSm: WILLIAM P. HODfiKS Oonri»<M«' <* »• OAR.-MNW INSDRaNCL Bh’PARTIViB-NT ■ Jtole-t.h. -lunr 2»tS I^*9 i WU.UAM f- HO DOBS CotpmDslnner ot Insurance dc ”.c,«hy certify thi; ’.he nkve m a -.rue and cortec-r of the Wfnatou-MuDml Life Insurance. Cwip-nv, bt - f l, t -d with this DeparDnetit. showing the . oncHtioi. of said Coir.f-i.iy -n the Jl«t day of Deeetrtbef, 1948 , . . t .. _ mi httfcd tad official seal the day «u * date «Wre wriuen. w P HODCS-E®, temnissloner e; /fisuHtouaw PAGE SEVEN
The Carolinian (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 3, 1949, edition 1
7
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