Blowing Rock Artist
Also Likes Ski Slope
By GARY DALTON
It isn't easy to make your
living by painting pictures, but 1
John Brady of Blowing Rock
is one individual who does just
that.
John, who makes his perman
ent home here, began painting
for a living in 1953. That was
when be put on his first one
man show at the Hickory Mus
eum of Arts.
Since then he has put on
over 30 one-man shows from
New England to Florida. He has
taught art in 23 North or South
Carolina towns.
John has been coming to
Blowing Rock as a summer resi
dent since 1954. Last year he
and wife Jane decided to spend
the winter here and "loved it."
It was last year that John
first tried to ski. The experi
ence left him "thrilled, just
thrilled," he said. Although
this winter John and the fam
ily will spend from January to
May at Wilmington on a paint
er's vacation, John has his leg
al residence here.
Legal Notice
NOTICE OF
ADMINISTRATION
Having qualified as the ad
ministratrix of the estate of
Fredrick MacDonald Blair, late
of the county of Watauga, State
of North Carolina, this is to
notify those having claims
against the estate of the said
deceased to present them to me
within six months of the date
hereof, or this notice will be
pleaded in bar of their recov
ery. Those indebted to the es
tate are asked to make imme
diate payment. This Sept. ltfth,
1?#3? Annie 1). Blair, RFD 1,
Vlias, N. C. 9-llMp
NOTICE
Having qualified as the exe
cutrix oi the estate of John
Mitchell Justice, late of the
County of Watauga, North Car
olina, this is to notify all those
having claims against the es
tate of the said deceased to pre
sent them to the undersigned
executrix in Boone, North Caro
lina, within 6 months of the
date hereof or this notice will
be pleaded in bar of their re
covery. Thoae indebted to the
said estate are asked to make
immediate payment to the un
dersigned executrix.
This the 25th day of Septem
ber, 1963. ? LLA T. JUSTICE,
Executrix of the Estate of
John Mitchell Justice. 9-26-4C
STATEMENT HEm iRKI) BSr[
THE ACT OF AUGUTT
1912, AS AMENDED BY THE
ACTS OF MABCH 3, 1933,
JULY t, 1946 AND JUNE
11, I960 (74 STAT. 208)
SHOWING THE OWNER
SHIP, MANAGEMENT, AND
CIRCULATION OF
Watauga Democrat published
weekly at Boone, North Caro
lina for October 1, 1963.
1. The names and addresses
of the publisher, editor, manag
ing editor, and business mana
gers are:
Publisher, R. C. Rivers,
Boone, N. C.
Editor, R. C. Rivers ? Jean
L. Rivers
Managing editor, R. C. Rivers
Business manager, R C.
Rivers.
2. The owner is: (If owned
by a corporation, its name and
address must be stated and al
so immediately thereunder the
names and addresses of stock
holders owning or holding 1
percent or more of total amount
of stock. If not owned by a
corporation, the names and ad
dresses of the individual own
ers must be given. If owned by
a partnership or other unincor
porated firm, its name and ad
dress, as well as that of each
individual member, must be
given.)
Rivers Printing Co., Inc.,
Boone, N. C.
R C. Rivers, Boone, N. C.
Jean L. Rivers, Boone, N. C.
Jane Rivers Krida, Chatta
nooga, Tenn.
Rachel Rivers, Boone, N. C.
3. The known bondholders,
mortgagees, and other security
holders owning or holding 1
percent or more of total amount
of bond?, mortages, or other
securities are: (If there are
none, so state.)
mere are nunc.
4. Paragraphs 2 and 3 in
clude, in cases where the stock
holder or security holder ap
pears upon the books of the
company as trustee or in any
other fiduciary relation, the
name of the person or corpora
tion for whom such trustee is
acting; also the statements in
the two paragraphs show the
affiant's full knowledge and be
lief as to the circumstances
and conditions under which
stockholders and security hold
ers who do not appear upon the
books of the company as trust
ees, hold stock and securities in
a capacity other than that of a
bona fide owner.
9. The average number of
copies of each issue of this
publication sold or distributed,
through the mails or otherwise,
to paid subscribers during the
12 months precding the date
above was: (This information
is required by the act of June
11, 1M0 to be included in all
statement* regardless of fre
quency of iiaue.) 4,990.
R. C. Rivers, Publisher
Sworn to and subscribed be
fore me this 1st day of October,
1063.
W. E. Rush, Notary Public
(My commission expires Oct.
20, IBM.)
|
JOHN BRADY
He said he wouldn't leave
until January because be "want
ed to stay for part of the ski
season. We will probably make
weekend trips up," he said. "I
love it here in the winter."
As a painter, John calls him
self a romantic expressionist.
"Others pick a technique and
then find something to say,"
he said. "I get the spirit of the
subject rather than get a style
of painting.
"It is up to the viewer to In
terpret it in his own way and
not try to analyze what the
artist thought. Some people
think all the creativity is put
in by the artist. I think possib
ly the most creative part of
painting is viewing. For ex
ample, probably everyone who
sees the Mona Lisa gets a dif
ferent meaning."
When asked how he choose
a subject for painting, John
said, "The subject chooses me.
I've got to paint it. I don't study
it out. I approach it directly. I
seldom make preliminary
sketches."
It may take him. anywhere
from "30 minutes to months" to
complete a painting. "I work
on several at the time. You
have to let them dry before you
can do the next thing." As a
result, "I may finish the pic
ture in a different mood" from
that of the beginning.
, John remember when
Jfe djdn't want to be a painter.
He enrolled at a professional
art school at the age of 11. He
attended art schools about 12
years.
Now John is the teacher in
stead of the student. He holds
classes at his Lenoir Highway
studio during the summer from
two to nine weeks. His students
have come here from 30 states
for the summer courses. He al
so teaches once a week in Bur
lington and once a week in
Hickory.
In the near future, he has
showings scheduled in States
ville, Hickory, Newton and
.Greensboro. John and Jane
have three children ? Jo Ann,
3; Jamie, 8, and John Jr., 11.
Health And
Beauty j
Self-confidence could be de
scribed as the basis of good
health and beauty. Ibis is recog
nized by doctors everywhere. A
happy , healthy mmd, with a nor
mal outlook on life, is essential.
Millions of doUars are being
spent on research and treatment
in this field each year. A happy
home life, starting from the time
a baby is born, is the most im
portant single contributing factor.
Some personalities require
more understanding and love
than others. If you have an
over-sensitive child, and feel that
this quality k making bim un
happy, consult a child psycholo
gist. This will save the parent
and child years of worry and un
happiness.
X??C OJII ipiVflllO VI VVC1-9CUHUVC
ness are of ten-times hard for ?
layman to detect. One couple
with an oversensitive son were
told that the boy was mentally
regarded and would remain so.
Because they are unwilling to ac
cept the situation, they went to
expense and trouble to take the
child to one of the outstanding
child psychologists in the country.
This psychologist, after exten
sive examinations, told the couple
that the boy bad mirror vision
which made it impossible for him
to learn m the other children in
his class did. Also, probably be
cause of this condition, be had a
terrific case of over-sensitive
ness.
They were told to give the
child treatment for his mirror
vision end to lavish love and at
tention on him. ?
Today the boy is on his way to
becoming a healthy, normal and
confident person.
Washington Comments
Washington, D. C. ? So?*"
thing of a mystery was caused
in the U. S. Senate ^tiy
when the Majority Leader made
fstfong speech about Vietnam.
The mystery was caused b?
CIUM Mansfield didn't come out
in the open and really say all,
about.
He called for u^ty
fi s agencies in South Viet
SJ \e said he would be
to face with disaster if Amteas^
sador Hency C. Lodge did not
get the full cooperation of all
U S. agencies in Vietnam. But
he didn't teUth.Ml.toryeHe
didn't really say what the ?n
side conflict was. (And his
speech coincide* with the
by Mrs. Ngo Uhu that
leaves U. S. officials in Saigon
were "little soldiers of
tU The 5 American people are en
titled to the facts. They luve
not been given all the facts
the row over the South
nam and the most distressing
thing is that the United State*
has, lately, had no policy in
South Vietnam.
The inside story is that when
Roman Catholic government
fe.ders in charge of things in
South Vietnam (? coun?* J**
dominantly Buddhist) , be?? ?
on the Buddnisis,
crackdown on u. l ton
the reaction ? ? ""7 . .
was initially strong. Included
^ong those who were reput
ed at this behavior was Presi
dent John F. Kennedy.
The United States quietly
?,nt about an effort then to en
courage the Vietnam military
re coup d'eut and at
lout Bet rid of President Ngo
Diem's brother. But that failed
Next Ambassador Henry Lo ge
wL sent to straighten up the
Tt first Lodge was to hw?
instrucUons to put an ulUma
? t0 Diem ? aid would be
7 unl^s certain repressive
anti-democratic Po"ciel
discontinued. But the rowjn
Side government, and in
ington, became so hot Lodg
didnt have that power when
he got to S*1*0?" n eld's
Then came Mansn
?i>eech Mansfield being * Ro
^Tcatholic. The question was
whether Mansfield was warning
?lm down or whether he was
doing the revert* ? in abort,
just what waa he saying and
what ia his position?
Meanwhile, u the myatery
continued, the fight in the U.
S. Government continued also.
President Kennedy waa on re
cord aa favoring a tough line
and demanda that religioua in
tolerance and persecution and
anti-democratic methods be
ended in Vietnam or else. On
the military aide he dispatched
hia higheat defense officiala to
the apot to learn it the war was
being won, lost, or just what the
atory la.
There la ? general auaplcion
In Washington that any joint U.
S.-Rusaian moon project, or
any cooperation even in the
moat limited way, will be the
aignal for reduced crash apend
ing on the Apollo Project, the
effort to get somebody on the
aurface of the m,oon in the six
tiea.
This program will become in
creaaingly expensive. Already
it calls for between four and
five billions a year. If the Rus
aiana Join in some form of a
joint effort, perhapa there will
be no preatige necessity for the
U. S. to live up to its goal ? a
successful landing in the six
ties.
But the Russian press was
strangely silent on thia. propos
al, even though other pointa in
the President's U. N. speech
were reported in detail to the
Soviet people. Meanwhile, all is
not full confidence on Capitol
Hill concerning the manage
ment of the moon-ahot program,
or the funds requested, and to
be requested.
Senator Barry Goldwater ia
beginning to frighten both Re
publicans and Democrats in his
march toward the Republican
nomination. A great many
Southern Democrats wonder
wsether they can hold their
own against the Republicans,
led by Goldwater, in the South.
More liberal Republicans, in the
North, fear they will be engulf
ed and defeated by the Demo
crats in November, 1964, if
Goldwater is the GOP nominee,
heading their ticket Both have
good reason for their fears. A
Goldwater nomination would In
deed have revoluntionary ef
fects in both major parties.
STATEMENT
CONTINENTAL CASUALTY COMPANY
Bonds - $284,999,929.81
Stocks 233,074,072.53
Real Estate : 21,725,399.63
Cash and bank deposits 37,034,830.73
Agents' balances or uncollected premiums, net .... 25,756,629.85
Bills receivable, taken for premiums 614.01
Reinsurance recoverable on loss payments 5,783,353.28
Interest, dividends and real estate income due
and accrued 3,434,673.43
All other assets as detailed in statement 9 3,859,839.15
Total admitted Assets $615,669,342.42
Liabilities, Surplus and Other Funds
Losses unpaid ? ? $194,327,210.71
Loss adjustment expenses unpaid 14,330,000.00
Contingent commissions and other similar
cnarges 815,000.00
Other expenses (excluding taxes, licenses and
and tees) - 808,800.00
Taxes, licenses and fees (excluding Federal
income taxes) ? 7,912,400.00
Federal income taxes , - 3,167,256.46
Unearned premiums 115,141,094.07
Dividends declared and unpaid:
Policyholders 870,901.72
Funds held by company under reinsurance
treaties 6,071,519.08
Amounts withheld or retained by company
for accounts of others 1,012,058.35
Unearned premiums on reinsurance
in unauthorized companies $ 390,412.50
Reinsurance on paid losses $186,
035.83 and on unpaid losses
$572,777.48 due from unauth
orized companies $ 758,813.31
Total , $1,149,225.81
Less funds held or retained by com
pany for account of such un
authorized companies .... $ 625,840.37$ 523,385.44
All other Liabilities, as detailed in statement 3,169,438.32
Total liabilities $348,149,064.15
Special surplus funds: $101,866,659.66
Capital paid up 37,065,000.00
Unassigned funds (surplus) 128,588,618.61
Surplus as regards policyholders 267,520,278.27
Total $615,669,342.42
Line of business
Fire
Extended coverage ...
Inland marine
Bnsineas in North Carolina During 1962
Direct Premiums Direct Losses
Written
(.90)
(.36)
? 1,871.40
Accident only (Individual) 78,196.12
Accident and health (Individual) 615,986.61
Hospital and medical expense
(Individual) _ 360,730.81
Group accident and health 704,501.77
Non.-canc. acc. and health 10,579.06
Workman's Compensation 206,053.23
Liability other than auto (B.I.) 233,990.95
Liability other than auto (P.D.) 78,504.74
Auto liability (B.I.) 216,700.07
Auto liability (P.D.) 102,381.39
Auto phys. damage 26,401.49
Fidelity 13,819.94
Surety 225,618.53
Incurred
(17,066.43)
13,901.35
443,667.63
78,833.96
404,213.63
1346.42
101,439.52
252,423.49
59,296.99
81,971.03
37,358.44
15,624.13
14,071.25
413,744.09
40.07
161.90
Glass 60.84
Burglary and theft 1,468.41
Export Credit 264.20
Total $2,876,637.39 $1,901,507.07
President Edwin H. Fofkel, secretary Willard M. Boy den,
treasurer Boyd N. Everett. Home office 810 South Michigan
Avenue, Chicago 4, 111.
Attorney lor aervice: Edwin S. Lanier, Commissioner of
Insurance, Raleigh, N. C.
NORTH CAROLINA INSURANCE DEPARTMENT
Raleigh, March 14, 1963.
I, Edwin S. Lanier, Commissioner of Insurance, do hereby
certify that the above is a true and correct abstract of the
statement of the Continental Casualty Company, of Chicago, Ill
inois, filed with this Department, showing the condition of said
Company on the 31st day of December, 1962.
Witness my hand pnd official seal, the day and date above
written.
EDWIN S. LANIER, Commissioner of Insurance.
Shirelles, Zodiacs Head
Autumn Entertainment
THE 8HIEKU.E8
The Shirellee, a toritftt, young
singing group of Negro girls, will
present a Friday night concert
at the Health-Physical Eduoatlon
Building at t p.m. on October 18.
jober 18. IMS.
la concert with the Shlrelle*
will be Maorice Williams aad the
Zodiacs. The two groups will
prcseat a program of piiwlai
songs aad mask from 8:M until
11:00 with a JO- minute intermis
sioa.
The Shlrelles have catered the
wsnderfal world s I fame aad for
tine eaUed success- Their met
eoric rise has resalted in the
sale ti over two aad a half mil
lion records.
These four ctarmkxg and vers
atile young ladies met while still
in junior high. Discovering that
they had music in common and
a way to mate harmony together,
they sang together at every op
portunity. One day, while in high
school, they heard of a talent
show and deckled to enter it.
This was the start of the Shirel
les because sitting in the audi
ence was ? eliminate who ?u
the daughter of the president 01
Scepter Music The group m
auditioned and that was it. The
rest m history.
Respectively they are: Shiriey
Alston, Doris Keener, Midti Har
ris. and Beverly Lee. The Shir
elie name is ? derivative of Shir
ley, spokesman for the croup.
Their babbles are waste,
wntchlag T. V., and haying
riding are at the tsp el their
these thiags when aad U they
eaa find time between the*
heavy commitments, snch aa:
radio, T .V., aad theatre appear
ances. Sees they will be appear
tag hi ether eeaatrles.
During the October U program,
the Shlrehes will probably stag
same el their hit ta<i, such as
"This Is Dedlenled to the Om
We Love," "Soldier Boy," Ev
erybody Loves a Lover," "Baby,
It's Yea." "Big John, Won't Yea
Come Home," aad "Tonight's
the Night."
The Zodiacs have appeared on
our campus in the past. They
played for the Homecoming
Dance in 1M2. Maurice Williams
has enjoyed great popularity
among youqg people for a long
time. One of his hits, "Stay,"
is still enjoyed by many.
The October IS eeoeert el pop
ular music Is sponsored by the
Popular Programs Committee,
which Is In Ms second yenr at
A6TC. The aim el the committee
is to present musical programs
that appeal to the student body
aa a whole. Last year It spon
sored the Letlermea and the
Journeymen.
Sponsors for the Popular Pro
grams Committee are Or. Max
Dixon and Mr. Ronnie Brooks.
Committee members for 1963-64
STATEMENT
CONFEDERATE ACCIDENT AND HEALTH INSURANCE
COMPANY
Aiwti
Cash apd bank deposits $200,568.14
Agents' balances or uncollected premiums, net 73.44
Interest, dividends and real estate income due and
accrued 223.74
Total admitted Assets - - $200,665.32
Liabilities, Surplus and Other Funds
Other expenses (excluding taxes, licenses and fees) ... $ 7,500.00
Taxes, licenses and fees (excluding Federal in- _Q
come taxes) ????? - -SiJ'ZS
Federal income taxes ?
All other Liabilities, as detailed in statement ? * 25,131.09
Total liabilities ....$ 35,618.60
Special surplus funds:
Capital paid up ^ $100,000.00
Unassigned funds (surplus) 65,246.72
Surplus as regards policyholders 165,246.72
Total - $200,865.32
Business in North Carolina During 1962
Direct Premiums Direct Losses
Line of Business Written Incurred
Accident and health (Individual) $42,248.95 ($30,584.78)
Total $42,248.95 ($30,584.78)
President C. W. Bailey, secretary John W. Lewis, treasurer
John W. Lewis. Home otfice Walnut Shopping Center, Rocky
Mount, N. C.
Attorney for service: Edwin S. Lanier, Commissioner of
Insurance, Raleigh, N. C.
NORTH CAROLINA INSURANCE DEPARTMENT
Raleigh, March 18, 1963.
I, Edwin S. Lanier, Commissioner of Insurance, do hereby
certify that the above is a true and correct abstract of the state
ment of the Confederate Accident and Health Insurance Com
pany, of Rocky Mount, filed with this Department, showing the
condition of said Company on the 31st day of December, 1962.
EDWIN 3. LANIER, Commissioner of Insurance.
Witness my hand and official seal the day and date above
written.
STATEMENT
THE CONNECTICUT INDEMNITY COMPANY
Assets
Bonds $15,486,814.76
Stocks 3,293,747.00
Cash and bank deposits _ 302,925.22
Agents' balances or uncollected premiums, net .... 637,513.36
Interest, dividends and real estate income due
and accrued : 165,364.85
All other assets as detailed in statement $ 26,938.03
Total admitted Assets - - $19,913,303.22
Liabilities, Surplus and Other Funds
Losses unpaid $ 4,362,269.39
Loss adjustment expenses unpaid 768,101.64
Contingent commissions and other similar
charges - - 54,750.00
Other expenses (excluding taxes, licenses and fees) 32,765.00
Taxes, licenses and fees (excluding Federal in
come taxes) 305,038.67
Unearned premiums 6,546,607.29
Dividends declared and unpaid:
(a) Stockholders 120,000.00
(b) Policyholders 762.75
Excess of liability and compensation statutory
and voluntary reserves over case basis and
loss expense reserves 810,112.73
ToUl liabilities $13,000,407.47
Capital paid up $1,500,000.00
Unassigned funds (surplus) 5,412,895.75
Surplus as regards policyholders - 6,912,895.75
Total ? ;. $19,913,303.22
Business la North Carolina During 1962
Direct Premiums Direct Losses
Line of Business- Written Incurred
Workman's Compensation $8,113.31 $460.47
Liability other than auto (B.I.) 12.82
Liability other than auto (P.D.) 15.80
Auto liability (B.I.) 30.00
Auto liability (P.D.) 14.00
Auto phys. damage -J. 5.30
Total $5,186.02 $465.77
President E. Clayton Gengras, secretary William R. Heckles,
treasurer E. Clayton Gengras. Home office 175 Whitney Avenue,
New Haven 5, Conn.
Attorney for service: Edwin S. Lanier, Commissioner of In
surance, Raleigh, N. C.
NORTH CAROLINA INSURANCE DEPARTMENT
Raleigh, March 15, 1963.
I, Edwin S. Lanier, Commissoner of Insurance, do hereby
certify that the above is a true and correct abstract of the state
ment of the Connecticut Indemnity Company, of New Haven.
Conn., filed with this Department, showing the condition of said
Company on the 31st day of December, 1962.
Witness my hand and official seal, the day and date above
wHtten.
I. EDWIN S. LANIER, Commissioner of Insurant*.
Carelessness Costs Lives
Of Young Children In Fires
Children love to phgr with fire.
MMueoow it Mems to imciniita
them. Many young live* have
been mulled out on account of
the carelessness of parents and
caretaker*.
in Kvere - ourns, even when
theie u recovery, it i? preceded
by many months of suffering,
and followed by permanent scar
ring and disfigurements.
Little children should not bo
left alone in rooms where there
are open fires, lighted candles
within reach, or vessels of hot
water upon stoves or upon the
floor. _ Many children have been
severely scalded by tipping and
falling Into hot liquids, or by
dragging vessels containing them
from tables or stove*.
Numbers of children fall vic
tims each year, to explosions
from fire-crackers, or other so
called toy* of ? dangerous na
ture.
It i* well to Uiach children that
the most effective way of extin
guishing a fire is by smothering
it, or Cjy pouring water on it.
The Utter cannot always be ob
are Clarence Chapman, Presi
dent; Gerald Andrews, Wallace
Hill, Thurman Hollar, Ohet Hill,
Fred Beofleld, Charles McLean,
and Frank Durham.
tained.
Illustrate this to Uem by
kindling a little tire in the yard
when no water is convenient, and
putting it out by throwng dirt or
sand upon it. Explain to them
that lire can't breathe without
fail; that if deprived of it, it will
instantly die. This knowledge may
save 4 frightful catastrope.
Some accidents will happen at
tknes, and very serious results
will follow unless people general
ly learn how to give first aid.
A fire can be put out by roll
ing the person in a quilt, carpet,
blanket or any. material that is
thick and strong.
Wrap the body in hot blankets.
Leave the clothing alone. Ex
posed parts may be covered with
clean cloths saturaten with baking
soda. A slight burn may be coat
ed with clean vaseline or boric
acid ointment.
When the physician arrives, he
will give opiates for pain. H*
wiH probably apply wet (fress
ings or spray solution upon the
area.
As healing progresses some
times skin-grafting has to i* re
sorted to. The skillful physician
must meet the emergencies as
they arise.
STATEMENT
COMMONWEALTH INSURANCE COMPANY
Asseta
Bonds .......... $ 9,713,627.50
Stocks - 7,863,386.00
Cash and bank deposits 621,900.30
Agents' balances or uncollected premiums, net 950,358.66
Funds held by or deposited with ceding reinsurers 184.41
Bills receivable, taken for premiums 76,312.55
Reinsurabie recoverable on loss payments 36,846.64
Interest, dividends and real estate income due
and accrued 74,431.43
All other assets as detailed in statement $ 247,300.01
Total admitted Assets ..._ $19,586,547.50
Liabilities, Surpluses and Other Funds
Losses unpaid $ 3,996,790.00
Loss adjustment expenses unpaid 503,424.00
Contingent commissions and other similar charges 54,300.00
Other expenses (excluding taxes, licenses and fees 81,555.00
Taxes, licenses and fees (excluding Federal in
come taxes) 216,400.00
Unearned premiums 5,965,359.26
Dividends declared and unpaid: Policyholders 323.00
Funds held by company under reinsurance treaties 374,272.52
Amounts withheld or retained by company for
account of others 33,142.50
Unearned premiums or reinsurance in
unauthorized companies $247,290.94
Reinsurance on paid losses $4,797.88
and on unpaid losses $249,480.00
due from unauthorized companies $254,277.88
Total $301,568.82
Less funds held or retained by
company for account of such un
authorized companies $343,391.89 $ 158,176.93
Total liabilities ..$11,385,743.21
Capital paid up $1,000,000.00
Unassigned funds (surplus) .... 7,200,804.29
Surplus as regards policyholders $ 8,200,804.29
Total $19,586,547.50
Business in North Carolina During 1962
Direct Premiums Direct Losses
Line of Business Written Incurred
Fire ? ? $11,370.80 $1,684.37
Extended coverage ? 2,604.33 609.35
Other allied lines 41.74
Homeowners multiple peril 4,971.01 1,199.31
Inland marine 440.68 40.00
Liability other than auto (B.I.) >(10.41)
Surety 37.50
Burglary and theft <17.26) 70.50
Total $19,438.39 $3,603.53
President T. B. Kelley; secretary C. F. Class; home office
200 Park Avenue, New York 17, N. Y.
Attorney for service: Edwin S. Lanier Commissioner of In
surance, Raleigh, N. C.
NORTH CAROLINA INSURANCE DEPARTMENT
Raleigh, March 15, 1963.
I, Edwin S. Lanier, Commissioner of Insurance, do hereby
certify that the above is a true and correct abstract of the state
ment of the Commonwealth Insurance Company of New York, N.
Y., filed with this Department, showing the condition of said
Company on the 31st day of December, 1962.
Witness my hand and official seal, the day and date above
written.
Edwin S. Lanier, Commissioner of Insurance.
STATEMENT
COMMONWEALTH LAND TITLE INSURANCE COMPANY
Assets
Bonds $ 3,032,286.49
Stocks 6,772,325.71
Mortgage loans on real estate 792,455.51
Real Estate 1,378,978.46
Collateral loans 40,000.00
Cash and bank deposits 743,830.50
Interest, dividends and real estate income due
and accrued 74,342.27
All other assets as detailed in statement $ 7,508,834.36
Total admitted Assets $20,343,053.30
Liabilities, Surplus and Other Funds
Other expenses (exluding taxes, licenses and fees) $ 1,572.78
Taxes, licenses and fees (excluding Federal in
come taxes) _.. 76,011.02
Federal income taxes 616,447.83
Amounts withheld or retained by company for
account of others 5,054,129.13
All other Liabilities, as detailed in statement $ 2,282,659.14
Total liabilities $ 8,030,819.90
Special surnMTTtinds $4,370,092.67
Capital paid up - 2,001,290.00
Unassign^l funds (surplus) 5,940,850.73
Surplus as regards policyholders $12,312,233.40
Total JR.- $20,343,053.30
Business in North Carolina Do ring 1962
Direct Premiums Direct Losses
Line of Business Written Incurred
Title
Total - $1,342.38
President John B. Waltz, secretary Edward S. Schmidt,
treasurer H. James Sheet*. Home office 1510 Walnut St., Phila
delphia 2, Pa.
Attorney for service: Edwin S. Lanier, Commissioner of
Insurance, Raleigh, N. C.
NORTH CAROLINA INSURANCE DEPARTMENT
Raleigh, March 15, 1963.
I, Edwin S. Lanier, Commissioner of Insurance, do hereby
certify that the above is a true acid correct abstract of the
statement of the Commonwealth Land Title Insurance Company,
of Philadelphia, Pa., filed with this Department, showing the
condition of said Company on the 31st day of December, 1962.
Witness my hand and eiiicial seal, the day and date above
written. to id)
EDWIN S. LANIER, Commissioner of Insurance.