SEPTEMBER 5, 1935
notice ok foreclosure salt
ok land
State of North Carolina, County ol
Watauga. The Federal Land Bank
of Columbia vs. A. W. Phillips
John E. Brown, Trustee. A. C
Swift and wife, Maggie Swift, tht
Bank of Blowing Rock. Peoples Industrial
Bank and Watauga County
Bank.
Pursuant to a judgment entered hi
above entitled civil action on the 29th
.lav of JuJv. 3935. in
. , _ - - ? , -I ?- """ UUI/C4 XVI
Court of said county by the Clerk,
I will, on the 9th day of September,
1935, at 12 o'clock m., at the courthouse
door in said county, sell at public
auction to the highest bidder
therefor the following described lands,
situated in said county and State
in Laurel Creek Township, comprising
71 acres, more or less, and bounded
and described as follows:
All of two certain pieces, parcels
or tracts of land, containing, both inclusive.
71 acres, more or less, situate,
lying and being on the Phillips
Branch Road, about 12 miles west
from the Town of Boone, in Laurel
Creek Township, County of Watauga,
State of North Carolina, having
such shape, metes, courses and distances
as will more fully appear by
reference to a plat thereof made by
Smith Hagaman, Surveyor, June.
191S, the first tract, containing 41
acres, being bounded on the north by
jj BILIOUSNESS ^
STATEMENT?PAUL. HEVEKE
Worcester, Mass., Condition December
Amount of Capital paid up in cash
Amount of Lodger Assets Dec. 31st ot
Premium Income, $206,127.06; 1
Total
Disbursements?To Policyholders, ?2C
$530,806.47, Total
Business written during year. No. To
Business in force at end of year?No
ASS
Mortgage Loans on Real Estate
Loans made to Policyholders on this
signed as collateral
Net Value of Bonds and Stocks
Cash
Interest and Rents due and accrued
premiums uncollected and deferred .
All other Assets, as detailed in stater
Total
Less Assets not admitted
Total admitted Assets
LXABXI
Net Reserve, including Disability Pro\
Present value of amounts not yet due
tracts, etc
Policy Claims
Premiums paid in advance
Unearned Interest and Rent paid in adi
Estimated Amount payable for Fcdera
Accident and Health Department
All other Liabilities, as detailed in stc
Total amount of all Liabilities, ex
Capital paid up In Cash
Unassigned funds (surplus)
Total Liabilities
BUSINESS IN THE STATE OF N
Ordinary Life
Policies on tlie lives of citizens of sail
December 31st of previous year
Policies on the lives of citizens of said
ring the year
Total
Deduct ceased to be in force during y
Policies in force December 31st
premium Income?Ordinary
President, Charles A. Harrington;
surer, Frank C. Harrington; Actuarj
Chestnut Street, Worcester, Mass.; At
surance Commissioner, Raleigh, N. C.
den & McNabb, Asheville, N. C.
(Seal STATE OF NORTH CAP
I DJUN C. HON5Y- Insurance >
the above is a true and correct abstr
vere Life Insurance Company, of Wot
ment, showing the condition of said
ber, 1934.
Witness my hand and official 3e?l
DAN
STATEMENT?PROTECTIVE I
Birmingham, Ala., Condition Dec. 31,
Amount of Capital paid up in cash
Amount of Ledger Assets December ?.
Premium Income, ?1,452,907.97; Mi
Total
Disbursements?To Policyholders, $91
5683,001.97; Total
Business written during year?No. Po
Business in force at end of year?No.
ASS
Value of Real Estate (less amount of
Mortgage Loans on Real Estate
Loans secured by Pledge of Bonds, S
Loans made to Policyholders on this
signed as collateral
Premium notes on Policies in force
first year's premiums)
Net Value of Bonds and Stocks
Cash
Interest and Rents due and accrued
Premiums uncollected and deferred..
/ITSM
(OLD 08.
THE
H ofse Sr
HAZARDS 4":':
* red "
g ^
Mac Arthur
a the lands of Amos Adams; on the east
I by the lands of Smith Hagaman, on
l the south bv the lands of Os?rar PHiit|Upla;Toii
thp. wpct
i?.T me liinus Ot tjr.
, L. Phillips; second tract, containing
. | 30 acres, being bounded on the north
! by the land3 of G. L Phillips: on the
, west by the lands or Oscar Phillips;
en the south by the lands of Oscar
! Phillips; on the west by the lands
t of A. P. Warcl and J. R. Phillips,
. these being the same tracts of land
: heretofore conveyed to the said A. W.
, t Phillips by J. P. Phillips and wife.
S. A. Phillips, by deed dated August
to, 1917, and recorded in the office
; of the Register of Deeds for Watauga
, County in Rook 22, at Page 46S.
| The terms of sale are an follows:
. One-third of the accepted bid to be
i paid into court in cash, and the balj
ance on credit payable in three equal
annual installments, with interest
: thereon from date of sale at the rate
of six per cent, per annum, to be secured
by a mortgage over the premises.
All bids will be received subject
to rejection or confirmation by the
Clerk of Said Superior Court and no
bid will be accepted or reported unless
its maker shall deposit with the
said Clerk at the close of the bidding
the sum of THREE HUNDRED
11X3LI,A RS as a forfeit and guaranty
!of compliance with his bid, the same
to be credited on his bid when accepted.
Notice is now given that said |
! Sands will be resold at the same place |
j and upon the same terms at two o'|
clock p. m. of the same day unless j
! solid deposit is sooner made, and every
deposit not forfeited or accepted I
! w5jU ?*
ivturiiea 10 me ma- !
ker.
Tliis the 9th day of August, 1935.
J. E. HOLSHOUSER,
8-15-4e Commissioner.
LIFE INSURANCE COMPANY,
31, 1934 as Shown by Statement Filed.
' $ 400,000.00
previous year. 797.033.13
iiscellani'ous, $559,6S9.57
765,810.03
1.225.02: Miscellaneous,
551.031.49
licics, 5,372; Amount 5,303,275.00
. Policies, 7,'JIO; Amount 8.126.044.00
Errs
8 10.250.00
Company's Policies as
4.608.01
691,633.52
29S.274.55
9,154.71
62.410.25
nent 7,052.19
S 1,083,383.23
... 24,271.54
.$ 1.059,111.69
-ITIES
/ision $ 277,485.00
on Supplementary Con
249.00
6,090.00
4,107.36
/ancc 133.88
1, State and other Taxes 5,473.00
jai.aai. < ( |
dement 13,774.65
cept Capital $ 492,304.66
$400,000.00
166,807.03 566,807.03
$ 1,059,111.69
ORTH CAROLINA DURING 1934
Number Amount
1 State in force
193 203,500.00
State issued du
166 190,059.00
359 393,559.00
Pat ?- 84 76,474.00
275 317,085.00
$7,197.51
Secretary, Lemuel G. Hodgkins; Trea',
Will C. Johnson; Home Office, 18
torney for Service, Dan C. Boney, In;
Manager for North Carolina, MaultOLINA?Insurance
Department
Raieigh, August 5th, 1935
IcmmLesionsr,herehy rertifv that!
act of the statement of tfie Paul Re cester,
Mass., filed with this DepartCompany
on the 31st day of DecemI
the day and date above written.
C. BONEY, Insurance Commissioner.
JFE INSURANCE COMPANY,
1931, as Shown by Statement Filed.
$ 1,000.000.00
1st of previous year 7,744,429.27
Iscellaneous, $406,335.08;
1,859,243.05
16,229.12; Miscellaneous,
1,669,230.99
licies, 4,622; Amount 10,103,962.00
Policies, 25,697; Amount 61,391,068.00
ETS
encumbrances)- - $ 1.939,180.59
1,975,194.79
tocks or other collateral 5,624.89
Company's Policies as
? 2,012,580.34
(of which $222.03 is for
452,266.73
- 1,240,342.19
? 258,409.72
181.841.06
? 206,405.00
1000 THING MA'S GETTING "1 VP THE OH
S0WE.TH!MS,SHE NEVER. | [ ISN'T AS A
. THESE BURNED POTS 1 \ SHE USED
SHE GETS HOfAE FROfft^JI \JTH8HK 69
WATAUGA DEMOCRAT?EVERY THURSDAY?BOONE, N. (
=?-??? ~~~7 1
| All other Assets, as detailed in statement 513-159.84
Toiai .5 S.iSP.OOO.lb
Less assets not admitted 77,006.81
Total admitted Assets S 3,707,998.81
LIABILITIES M'ttm
Net Reserve, including Disability Provision . .S 6.541.483.00,
Present value of amounts not yet due on Supplementary Contracts.
etc. ? 171.017.00
: Policy Claims 60,324.00
j Dividends left with Company at interest 34,266.30
Premiums paid in advance - ? 6,686.62
1 Unearned Interest and Rent paid in advance
I
jSl.4Zl.20
.-.uuimissions duo to Agents 7,267.081
' Estimated Amount payable for Federal. State and other Taxes 27,237.00!
j Dividends due Policyholders 4,635.00 j
Amount set apart for future dividends 15.760.00 i
; All other Liabilities, as detailed in Statement 287,871.08 ]
Total amount of ail Liabilities, except Capital $ 7,207,998.34
! Capital Paid up in Cash $1,000,000.00
Unassigned funds (surplus) 500,000.00 1,500,000.00
j Total Liabilities .$ 8 707,998.34
BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1934
Ordinary Life Number Amount
: Policies on the lives of citizens of said State in force
December 31st of previous year 95 $209,910.00
, Policies on the lives of citizens of said State issued
; during the year 226 446,306.00
| Total 321 $656,216.00
| Deduct ceased to be in force during the year 16 21.771.00
I ?
Policies in force December 31st 305 634,445.00
Losses and Claims incurred during year 2 2,000.00
; Losses and Claims settled during the year in full 2 2,000.00
Premium Income?Ordinary $14,046.70 j
President, S. F. Clabaugii; Secretary. A. L. Faisley; Treasurer, John C. j
Persons; Actuary, Alex C. Wellman; Home Office, 2029 First Avenue, Sir-1
mingharn, Ala.: Attorney for Service, Dan C. Boney, Insurance Commission
er, Raleigh, N. C.; Manager for North Carolina, Home Office.
i Seal1 STATS OF NORTH CAROLINA?Insurance Department
Raleigh, A^ugust 5th. 1935
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that the
above is a true and correct abstract of the statement of the Protective Life
Insurance Company, of Birmingham, Ala., filed with this Department, showing
the condition of said Company on the 31st day of December, 1934.
Witness my hand and official sea! the day and date above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT?OHIO NATIONAL LIFE INSURANCE COMPANY,
Cincinnati, Ohio, Condition December 31; 1934, as Shown by Statement Filed.
Amount of Capital Paid up in cash. .. $ 82S,730.00 j
Amount of Ledger Assets Dec ai?t nf
, .v.u.7 jvcLi )i,troZ|7.tjD.d7 |
Premium Income, $5,249,946.33: Miscellaneous. $2,238,211,80
Total 7,548.1558.131
Disbursements?-To Policyholders, S5,123,254.36; Miscellaneous,
$2,838,109.43; Total 7,961,363.79!
Business writcn during- year?Number Policies 11,658
Amount 23,074,982.00
Business in force al end of year Number Policies 96,404
Amount 178,319,888.00
ASSETS
Value of Real Estate (less amount of encumbrances) $ 4,199,560.65
Mortgage Loans on Real Estate 8,453,627.49
Loans made to Policyholders on this Company's Policies assigned
as collateral - 8,362,123.76
Premium notes on Policies in force (of which $207.68 is for
first year's premiums) 163,433.03
Net Value of Bonds and Stocks 14,648,179.05
Cash 777.40G.37
Interest and Rents due and accrued 682,366.45 I
Premiums uncollected and deferred 794,298.18 j
Due from other companies - ? a?d claims reviewed 3,529.90
All other Assets as detailed in statec-enl 45,228.35
Total $38,129,753.23
Less Assets not admitted 323,464.69
Total admitted Assets $37,806,288.54
LIABILITIES
Net Reserve, including Disability Provision. $32,313,541.00
Present value of amounts not yet due on Supplementary Contracts.
etc 170,419.00
Policy Claims 165,150.93
Dividends left with Company at interest 762,679.38
Premiums paid in advance - 114,434.54
Unearned Interest, and Rent paid in advance 216,704.34
Commissions due to Agents 40,512.10
Estimated Amount payable for Federal, State and other Taxes 150,000.00
Dividends due Policyholders 13,287.00
Amnimf enl ?r?ovfr
u\,v U)-mi K- J.KJL LUIUIC UIV1UCI1U9 82,198.00
All other Liabilities, as detailed in Statement 1,648,611.25
Total amount of all Liabilities, except Capital $35,977,558.54
Capital paid up in Cash $ 825,730.00
Unassigncd funds (surplus) 1,000,000.00 1,828,730.00
Total Liabilities _... $37,806,288.54
BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1934
Ordinary Life Number Amount
Pc!:? "" the lives of citizens oi said State in force
December 3l3t of previov- year 1,732 $3.017,064.00
Policies on the lives of citizens of said State issued
during the year 833 1,242,461.00
Total 2,565 $4,259,525.00
Deduct ceased to be in force during the year ? 418 853,182.00
Poliices in force December 31st 2,147 3,406.343.00
Losses and Claims unpaid Dec. 31st of previous year.... 0 0
Losses and Claims incurred during year 14 33,368.00
Total 14 33,368.00
Losses and ciaims settled during year in full $27,868.00
By rejection 12 27,868.00
Losses and Claims unpaid Dec. 31st 2 5,500.00
Premium Income ?Ordinary $94,185.66
President, T. W. Appleby; Secretary, S. J. Blashill; Treasurer .George
A. Dietecle; Actuary, W. H. Harrison; Home Office, 2400 Reading Road,
Cincinnati, Ohio; Attorney for Service: Dan C. Boney, Insurance Commissioner,
Raleigh, N. C.: Maanger for North Carolina, Home Office.
(Seal) STATE OF NORTH CAROLINA?Insurance Department
Raleigh, August 3rd, 1935.
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that the
above is a true and correct abstract of the statement of the Ohio National
Life, Insurance Company of Cincinnati, Ohio, filed with this Department,
showing the condition of said Company on the 31st day of December, 1934.
Witness my hand and official seal the day and date above written.
DAN C. BONEY, Insurance Commissioner.
iai s
I v ?= ! I if" f MT OARUNG ATTEMPTS
OBHESS) X> , Tt ^ 0R0^ *<jME HIS OVOH CONCEPT lOfi i
' PAGE SEVEN
STATEMENT?OJLl> REFCBIJC CREDIT l.lfT IXSI R.writ rmirivv
Chicago, III., Condition December 31, 1934, as Shown bj Statement Filed.
Amount cf Capital paid up in ca3li $ 200,000.00
Amount of Ledger Assets December 31st of previous year,
$671,874.58; No Increase of Capital during year; total 671.37i.5S
Premium Income. $136,426.71; Miscellaneous, $29,627.09: Total 166,054.30
Disbursements?To Policyholders. S54.45S08; Miscellaneous,
$117,483.23; Total 171.941.31
Business written during year?No. Policies. 43.615; Amount. 9.541.147.00
Business in force at end of year?No. Policies, 41.823; Amount 12,917,848.00
ASSETS
Value of Real Estate Hess amount of encumbrances) $ 141,909.14
Mortgage L< ins on Real Estate 119,733.62
Loans made to Policyholders on tiiis Company's Policies assigned
as collateral -- - 21.100.53
Laons secured by pledge of Bonds, Stocks or other collateral. 315.85
Net Value of Bonds and Stocks 251,439.43
Cash - 97,488.73
Interest and Rents due and accrued - 7,851.26
Premiums uncollected and deferred 20,933.72
Total - S 972,799.15
Less Assets not admitted 143.440.76
Total admitted Assets S 829,358.39
LIABILITIES
Net Reserve, including Disability Provision S i93.25-l.0jj
Policy Claims ? - - 2.248 00
Coupons left with Company at interest 1,449.52
*. I *-iniiuLin in auviuive - 2,098.53
Unearned Interest and Rent paid in advance 576.04
Commissions duo to Agents 202.90
Estimated Amount payable for Federal State and other Taxes 5,000.00
All other Liabilities, as detailed ""a statement 324,528.60
Total amount of all Liabilit except Capital 529,358.29
Capital paid up ill Cash 8200.000.00
Unassigned funds (surplus) ... 100,000.00 300,000.00
Total Liabilities S 829.358.29
BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1934
Ordinary Life Number Amount
Policies on lives of citizens ill force previous year 0 0
Policies on lives of citizens issued during year 1,338 S128.192.00
Total .... 1,338 S128.192.00
Deduct ceased to be in force during the year 107 5.342.00
Policies in force Dec. 31st 1.231 $122,850.00
Losses and Claims unpaid Dee. 31st of previous j ir 0 0
Losses and Claims incurred during year 5 1,420.00
Total g 1.120.00
Losses and Claims settled during- the year in full . 5 1,420.00
Premium Income?Ordinary $ 1.6.10.46
President anil Treasurer, C. J. Driver; Secretary, N. A. Nelson Jr.;
Home Office, 221 North LaSalle Street, Chicago, 111.; Attorney for Service,
Dan C. Boney, Insurance Commissioner* Raleigh, N. C.; Manager for North
Carolina, Home Office.
(Seal) STATE OF NORTH CAROLINA- insurance Department
Raleigh. August 5th, 1935
I, DAN C. BONNY, Insurance Commissioner, do hereby ceitify that the
atiove is a true and correct abstract of the statement of the Old Republic
Credit Life Insurance Company, of Chicago, III., filed with this Department,
showing the condition of said Company on the 31st day of December, 1934.
Witness my hand and official seal the day and date above written.
DAN C. BONEY, Insurance Commissioner
STATEMENT?OHIO STATE LIFE INSURANCE COMPANY,
Columhus, Ohio, Condition December 31, 1931, as Shown by Statement Filed.
Amount of Capital paid up in cash ....$ 500,000.00
Amount of Ledger Assets Dec. 31st of previous year 14,586,111.93
Premium Income, $$,297,068.16; Miscellaneous, $1,128,948.13
Total 3,426,016.20
Disbursements?to Policyholders, $1,631,017.61; Miscellaneous,
$1,242,234.42; Total 2,873,252.03
Business written during year?-Number of Policies 8,656
Amount 13,899,657.71
Business in force at end of year?Number of Policies 19,000
Amount 81,767,691.40
ASSETS
Value of Real Estate (less amount of encumbrances) S 1,649,472.24
Mortgage Loans on Real Estate 6,484,159.07
Loans made to Policyholders on this Company's Policies assigned
as collateral 2,993,862.77
Premium notes on Policies in force 102,633.57
Net Value of Bonds and Stocks 3,335,117.00
Cash - 155,818.17
Interest and Rents due and accrued 133,545.82
Premiums uncollected and deferred 263,414.05
All other Assets, as detailed in statement 117,813.37
Total $15,535,836.06
I-ess Assets not admitted , 84,155.01
Total admitted Assets $15,451,681.05
LIABILITIES
Net Reserve, including Disability Provision ..$12,388,297.00
Present value of amounts not yet due on Supplementary Contracts,
etc. - 442,936.00
Policy Claims 29,659.00
Dividends left with Company at interest 224,201.00
Premiums paid in advance 104,854.41
Unearned Interest and Rents paid in advance 65,285.10
Commissions due to Agents - 11,814.51
Estimated Amount payable for Federal State and Other Taxes 44,35u.u6
Dividends due Policyholders 10,571.44
Amount set apart for future dividends ......? 136,000.00
Total amount of all Liabilities, except Capital $14,093,154.10
Capital paid up in Cash $500,000.00
Unassigned funds (surplus) - 858,226.95 1,358,226.95
Total Liabilities $15,451,681.05
BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1934
Ordinary Life Number Amount
Policies on lives of citizens issued during year 206 $312,600.00
Policies in force December 31st 206 312,600.00
Premium Income?Ordinary 4,436.25
President, U. S. Brandt; Secretary-Treasurer, Jos. K. Bye; Actuary,
Harry C. Fetsch; Home Office, 366 E. Broad St., Columbus, Ohio; Attorney
for Service, Dan C. Boney, Insurance Commissioner, Raleigh, N. C.; ManaI
ger for North Carolina, Home Office.
(Seal) STATE OF NORTH CAROLINA?Insurance Department
Raleigh, August 5th, 1935
I, DAN C. BONEY, Insurance Commissioner, do hereby certify that the
above i3 a true and correct abstract of the statement of the Ohio State Life
Insurance Company, of Columbus, Ohio, filed with this Department, showing
the condition of said Company on the 31st day of December, 1934.
Witness my hand and official seal the day and date above written. y
DAN C. BONEY, Insurance Commissioner.
ms HELT \ L V , kC fML WEEK BEFORE^
4TUHT is WHAT \ MUilVyi WE conve HOIAE IS WHEN ,
HE CALLS OLD HE'LL BAKE MACARONI-/
FASHION PUDDING-! THAT IAEAHS A f~^
THAT ALWATS COSTS) HEW PIECE Of J
^MEA DOUBLEy
V . /" :y'^Sv -