Slate Has Too Many
Boiler Explosions,
Commissioner Says
Labor Commissioner, For
rest Shuford Urges In
spection Be Made
Deaths and serious injury, not to
mention damage to personal proper
ty. from boiler explosions are far too
numerous in North Carolina and the
total must be reduced." Forrest H.
Shuford. State Commissioner of La
bor, stated today.
Mr. Shuford made known that two
persons had been killed and five others
seriously injured as a result of boiler
explosions which have occured within
the past sixty days. Total property
damage from these accidents amount
ed to more than ten thousand dol
lars.
In 1935 the General Assembly en
acted a Boiler Inspection Law whish
makes it a misdemeanor to operate
a steam boiler at a pressure in excess
of fifteen pounds, without an operat
ing certificate. Operating certificates
are issued by the Department of La
bor to owners of boilers which are
found in safe condition, following
rigid inspection by State-Commssion
ed Boiler Inspectors. Only inspectors
for insurance companies which ope
rate in this State, and State-employed
inspectors are commissioned inspec
tors, and these men are not issued a
commission until they prove their
competency by means of a rigid ex
amination and by experience in this
particular field. Had boilers which
have exploded been inspected, and
properly repaired in accordance with
the State Law, they probably would
not have exploded.
Because of the fact that the State
Department of Labor has only one
boiler inspector at the present time
it is impossible to ferret out every
boiler in the state as some of them
are located in isolated sections. In
spections are therefore dependent
upon incidental location ol the boil
ers, by the Inspector, or upon notifi
cation by the boiler owner of the lo
cation of their boiler. It frequently
happens that th first knowledge that
the Department has of the location of
a boiler is a newspaper report cover
ing an account of an explosion.
“We cannot positively guarantee
that an inspection will prevent an ex
plosion,” Mr. Shuford stated, “but we
do know that the chances of an ac
cident happening are greatly minim
ized by an inspection. It is interest
ing to note that not a single boiler in
spected by an authorized boiler in
spector has exploded since the es
tablishment of the Bureau of Boiler
Inspection by the General Assembly
of 1935.
“It is my earnest hope that every
boiler owner wil cooperate with the
State Department of Labor by noti
fying the Department of the location
of any uninspected boilers. If those
owning and operating such boilers
realize the tremendous danger which
they present to life and property,
however, I am sure that their cooper
ation will be forthcoming and that
they will realize that the inspection
fee of from seven to ten dollars pro
vided for by the law will be repaid
many times over by thep rotection af
forded.”
--
Whiiewash Advised
To Brighten Up and
Help Looks of Farm
--^
Several Formulas Given by
Miss Pauline Smith, Dis
trict Home Agent
-®
It’s :v-rticts, and that means
that Clean CTp! Rake Up! campaigns
are in progress. Miss Anne Pauline
Smith, district home agent of the
State College Extension Service, says
that whitewashing pays as big divi
dends in improving the appearance of
a farmstead as any sttriT;.? cleaning1
practice.
She recommends the following
whitewash for exteriors, such as out
buildings and fences, and says it is
waterproof: Slack 62 pounds (one
bushel) of quicklime with 12 gallons
of hot water. Pour into this a mix
ture of two pounds of common table
salt and one pound of sulphate of
zinc, dissolved in two gallons of hot
water. Finally add two gallons of
skimmed milk and mix thoroughly.
Another formula which is suitable
for either exterior or interior use fol
lows: Slake one-half bushel of quick
or lump lime with boiling water, keep
ing it covered during the process.
Strain it and add a pack of salt dis
solved in warm water, three pounds of
ground rice put in boiling water and
boiled to a thin paste, one-half pound
of powdered Spanish whiting, and a
pound of clear glue dissolved in warm
water. Mix these well together and
let the mixture stand for several days.
Keep the whitewash thus prepared in
a kettle or portable furnace and when
used put on as hot as possible with
painter’s whitewash brush.
Miss Smith advises that one ounce
of alum added for each gallon of
Whitewash increases its adhesive
quality: that a pint of molasses added
for each five gallons of whitewash
causes it to penetrate the wood or
plaster; and that a pound of cheap
bar soap dissolved in a gallon of boil
ing water, and added to five gallons
of thick whitewash will impart a gloss
like that of oil paint.
—-—<S>“
PLAINTS TREES
Walter R. Gibbs of Lake Landing,
Hyde County, has recently set 6,000
cypress seedlings, 2,000 slash pines
and 1,000 black locust seedlings. His
locust have survived 95 percent, his
slash pine 85 percent and his cypress
80 percent. Two years ago, Mr. Gibbs
planted three acres of pines that
ghow a 95 percent survival.
SCENE OF BOILER EXPLOSION
The above picture shows the scene of a recent boiler explosion at a
saw mill in Columbus County. One person was killed and seven others
barely managed to escape. The State Commissioner of Labor, Forrest
L. Shuford. urges that frequent inspections be made of all boilers in or
der to prevent repetition of such scenes as this.
Says Packers Will
Pay Premiums for
Parasite-Free Hogs
-®
Swine Raised Under Sani
tary Conditions Bring
Better Return
-9
Bv H. W. TAYLOR
Swine Specialist, State College
In response to requests from many
of our county agents that provision
be made to secure higher prices for
hogs raised under sanitary conditions
w! are forwarding this letter with
enclosures to all county agents.
For your information Kinghan and
Company. Richmond, Va., have of
fered to pay a premium of 25 cents
per 100 pounds for hogs grown in ac
cordance with an effective swine san
itation plan, the carcasses of such
hogs to show freedom from internal
parasites, when slaughtered. The
agreement covers a period of 12
months and during that time, the of
fer is restricted to growers who can
sell as many as 20 hogs at one time.
This is necessary because hogs sold
under this plan will have to be
NORTH BRITISH & MERCANTILE INSURANCE COMPANY LTD., LON
DON & EDINBOROUGH
Condition December 31, 1938, as Shown by Statement Filed
Amount of Capital paid in cash statutory deposit, $400,000.00.
Amount Ledger Assets, Dec. 31st previous year, $15,565,279.51; total, $15.
565,279.51.
Income—From Policyholders, $6,245,036.44; Miscellaneous, $663,245 56- To
tal. $6,908,282.00.
Disbursements—To Policyhodlc-rs, $2,831,220.85; Miscellaneous, $4,504 818 24
Total, $7,336,039.09.
Fire Premiums—Written or renewed during year, $7,522,981.50, In Force.
$13,262,659.23.
All Other Premiums—Written or renewed during year, $3,575,622.15, In
Force, $3,501,211.65.
ASSETS
Value of Bonds and Stocks_ $13,104 072 18
Cash in Company's Oifice_ 14,259.82
Deposited in Trust Companies and Banks not on interest_ 918471.24
Agents’ balances, representinfi business written subsequent to
October 1. 1938 _ 1.122,652.74
Agents' balances.representing business written prior to October
‘ 1. 1938 - 73,665.93
Deduct Ceded Reinsurance Balances Payable_ —196,043.09
Bills receivable, taken for fire risks_ 22,348.79
Interest and Rents due and accrued_ 97,358.75
All other Assets, as detailed in statement_ 288,982.63
, Total-$15,445,468.99
Less Assets not admitted_ 97,977.70
Total admitted Assets_$15,347,491.29
LIABILITIES
Net amount of unpaid losses and claims___$ 765,933.00
Unearned premiums_ 6.752,309.97
Salaries, rents, expenses, bills, accounts, fees, etc., due or ac
crued - 18,906.15
Estimated amount payable for Federal, State county and muni
cipal taxes due or accrued_ 307,315.01
Contingent commissions, or other charges due or accrued_ 60,942.44
All other liabilities, as detailed in statement_ 184,149.43
Total amount of all liabilities except Capital_$ 8,089,556.00
Capital actually paid up in cash_$ 400,000.00
Surplus over all liabilities_ 6,857,935.29
Surplus as regards Policyholders_ 7,257,935.29
Total Liabilities_$15,347,491.29
Business in North Carolina During 1938
Fire Risks written; Premiums received, $64,359.
All Olher Risks written; Premiums received. $16,177.
Losses incurred—Fire $26,372; Paid, $23,902.
Losses incurred—All other $4,930: Paid, $4,977.
U. S. Manager, Cecil F. Shallcross; Secretary, R. P. Stoekham.
U. S. Home Office, 150 William St. New York City.
Attorney for service: Dan C. Boney, Insurance Commissioner, Releigh, N. C.
Manager for North Carolina, New York Office.
STATE OF NORTH CAROLINA,
(Seal) INSURANCE DEPARTMENT,
Raleigh, February 20th 1939
T, Dan C. Boney, Insurance Commissioner, do hereby certify that the
above is a true and correct abstract of the statement of the North British
and Mercantile Insurance Company Ltd. of London and Edinborough filed
with this Department, showing the condition of said Company, on the 31st
day of December, 1938.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
NATIONAL RESERVE INSURANCE COMPANY, CHICAGO, ILL
Condition December 31, 1938. as Shown by Statement Filed
Amount of Capital paid in cash; $500,000.00
Amount Ledger Assets, Dec. 31 previous year, $2,691,120.89; total, $2,691,
120.69.
Income—From Policyholders, $1,318,085.43Miscellaneous, $260,034.11; to
tal $1 578,119.54.
Disbursements—To Policyholders, $549,092.67: Miscellaneuos, $829,871.53;
total, $1,378,964.20.
Fire Premiums—Written or renewed during year,$1,579,785.45 In Force, $2,
379,517.05.
All Other Premiums—Written or renewed during year, $541,827.63 In Force,
$612,424.20.
ASSETS
Value of Real Estate_$ 376,341.30
Mortgage Loans on Rea! Estate_ 2,800.00
Value of Bonds and Stocks-- 1,997,640.35
Cash in Company's Office- 34,214.61
Deposited in Trust Companies and Banks not on interest - 252,468.23
Agents’ balances, representing business written subsequent to
October 1. 1938 _ 190,018.29
Agent’s balances, repersenting business written prior to Octo
ber 1, 1938 48,038.14
Deduct Ceded Deinsuranee Balances Payable - -—22,146.33
Interest and Rents due and accrued -- 16,323.96
All other Assets, as detailed in statement- - 65,576.96
Total __$2,961,275.51
Less Assets not admitted_ 293,864.05
Total admitted Assets - --$2,667,411.46
LIABILITIES
Net amount of unpaid losses and claims - $ onS’iio’oo
Unearned premiums - - --
Salaries, rents, expenses, bills, accounts, fees.ete., due or accured 6,250.00
Estimated amount payable for Federal. State, county and muni
cipal taxes due or accrued-- - ’222’22
Contingent commissions, or other charges due or accrued - - 5,000.00
All other liabilities, a ; detailed in statement - 214,207.22
Total amount of all liabilities except Capital- $1,661,235.17
Capital actually paid up in cash-- -$->00,000.00
Surplus over all liabilities- 506,17b.29
Surplus as regards Policyholders __ 1,006,176.29
Total Liabilities _ -_ $2,667,411.46
Business in North Carolina During 1938
Fire Risks written $196,931; Premiums received. $2,392.
Ml other Risks written $43,653; Premiums received $93.
Losses incurred—Fire $857; Paid $898.
Losses incurred—All other $1; Paid $1.
President, C. J. Schrup; Secretary, S. F. Weiser.
Home Office 2007 A Insurance Exchange. _ . . . „ _
Attorney for service: Dan C. Boney, Insurance Commissioner, Raleigh, N. C.
Manager for North Carolina, Home Office.
STATE OF NORTH CAROLINA
(aeaD INSURANCE DEPARTMENT,
tbeal Raleigh, June 9th 1939.
I Dan C. Boney. Insurance Commissioner, do hereby certify that the
above is a true and correct abstract of the statement of the National Reserve
Insurance Company of Chicago, 111., filled with this Department showing
the condition of said Company, on the 31st day oi December, 1938
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
[slaughtered separately, and this will
mean extra work for the packer.
A grower who has 3 or 4 sows can
take advantage of this offer, it should
excite the interest of smaller growers;
and a genera’ adoption of an effec
tive swine sanitation practice should
eventually result in a higher price
to all of our growers. All of us to
gether can do a real piece of work in
an aducational way. with demonstra
tions in swine sanitation. We suggest
that you as county agent lead this
movement, enlisting the cooperation
of the teachers of agriculture and
the Farm Security Administration
superivsiors. We believe it would be
a good idea for the white county
agents to call together his teachers of
agriculture, his Farm Security super
visor and his negro county agent, for
a discussion of swine sanitation. Ask
each worker to conduct at least one
swine sanitation demonstration. En
courage the small growers to follow
the plan because it will pay them
good returns in the form of healthy
pigs that will require less feed per
100 pounds of gain.
No application for parasite inspec
tion is to be accepted by Kingan and
Co. unless it is approved by the coun
ty agent. In cases where the primary
responsibility for the conduct of the
demonstration is assumed by a tea
cher of agriculture, a Farm Security
Supervisor or the Negro County
Agent, that individual should sign the
application in the place provided.
Where the county agent supervises
a demonstration his signature is suf
ficient. Please send one copy of the
application to Kingan and Company,
and one copy to this office.
In order to meet the requirements
for approval a grower must:
1. Scrub the sows thoroughly with
soap and water, a few days before
I
Judges of Superior
Courts To Wear Silk
Robes in the Future
—
Conference of Judges Pro
poses To Add Dignity
To State Courts
Holding their first annual confer
ence near Asheville a short while
ago. North Carolina Superior Court
judges sought to slightly overhaul
the State Bench and add a certain
amount of dignity to the proceed
farrowing time, to remove dirt and
i worm eggs.
2. Before farrowing time, place the
[sows on land that has been cultivat
ed since hogs ranged on it. and keep
them there until the pigs are weaned
3. Tf farrowing houses are used,
they must be clean.
4. Keep other hogs away from this
pasture and keep the pigs away
from dirty hog lots.
5. Keep the pigs on clean land un
til they are at least 4 months old or
have attained an average weight of
100 pounds.
I believe this premium will be
quite an inducement to our growers
to adopt sanitation practices. I also
believe we should emphasize the fact
that the sanitation plan will bring
about additional returns in more
pigs weaned per litter, and larger
gains per 100 pounds of feed con
sumed. This increased return alone
is worth more than the cost of sani
tation. and when the 25 cents per 100
pounds is added it seems to be the
n1fl.fi shnillrl affrorfh/D
STATEMENT
NORTHWESTERN NATIONAL INSURANCE
WIS.
COMPANY, MILWAUKEE,
Condition December 31. 1938. as Shown bv Statement Filed
Amount of Capital paid in cash $2,000,000.00.
Amount Ledger Assets, Dec 31st previous year. $16,645,105.28; Total, $16
645.105.28.
Income—From Policyholders,$4,289,030.62; Miscellaneous, $690,069.47 Total
$4,979,100.09.
Disbursements.!—To Policyholders. $1,465,605.20; Miscellaneous, $3,263 -
887.29; Total, $4,729,492.49.
Fire Premiums—Written or renewed during year, $4,760 375 29 In
$10,713,012.10. ' ’
Force,
All OtheT Premiums—Written or renewed during year
$2,402,079.25.
$773,173.57, In Force.
ASSETS
Value of Real Estate_$ 1,304,111.61
Mortgage Loans on Real Estate_ _ 1 088 725 00
Value of Bonds and Stocks _ _ 12 958 680 36
Cash in Company’s Office _ ’ 5,245.64
Deposited in Trust Companies and Banks not on interest __ 417 749 32
Agents’ balances, representinfi business written subsequent to
October 1, 1938. - -- 814,235.97
Agents’ balances,representing business written prior to October
1, 1938 - 27,276.41
Deduct Ceded Reinsurance Balances Payable _ _ —47.325.40
Bills receivable, taken for fire risks_ 5^734.43
Bills, receivable, taken for other risks_ L585T4
Interest and Rents due and accrued_ 144.34L82
All other Assets, as detailed in statement__ 320,576'91
Total- -$17,040,937.21
Less Assets not admitted _ 1,656.653.29
Total admitted Assets $15,384,283 92
LIABILITIES
Net amount of unpaid losses and claims_$ 275.485.74
Unearned premiums_ 5,355,079.05
Salaries, rents, expenses, bills, accounts, fees, etc., due or ac
crued - 9,140.53
Estimated amount payable for Federal, State county and muni
cipal taxes due of accrued_ 330,000.00
Contingent commissions, or other charges due or accrued_ 97.259.88
All other liabilities, as detailed in statement_ 1.855,251.83
Total amount of all liabilities except Capital __..$ 7,922,217,03
Capital actually paid up in cash_$2,000,000.00
Surplus over all liabilities_ 5,462,066.89
Surplus as regards Policyholders
7,462,066.89
Total Liabilities _$15,384,283.92
Business in North Carolina During 1938
Fire Risks written $786,439: Premiums received, $6,392.
All Other Risks written $448,533; Premiums received, $651.
Losses incurred—Fire $975; Paid $1,921.
Losses incurred—All other$43: Paid $41.
President, Wm. D. Need; Secretary, Lubin M. Stuart.
Home Office Cor. East Wisconsin Ave. & N. Jackson St.
Attorney for service: Dan C. Boney, Insurance Commissioner, Releigh. N. C.
Manager for North Carolina, Home Office.
STATE OF NORTH CAROLINA,
(Seal) INSURANCE DEPARTMENT,
Raleigh, Feb. 14th 1939.
I, Dan C. Boney, Insurance Commissioner, do hereby certify that the
above is a true and correct abstract of the statement of the Northwestern
National Insurance Company of Milwaukee, Wis., filed with this Depart
ment, showing the condition of said Company, on the 31st, day of Decem
ber, 1938.
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.
STATEMENT
NORTH STAR INSURANCE COMPANY, NEW YORK CITY
Condition December 31, 1938, as Shown by Statement Filed.
Amount of Capital paid in cash $600,000.00.
Amount Ledger Assets, Dec. 31st previous year, $4,445,098 56: Total, $4,
445.098.56.
Income—From Policyholders, $2,249,184.91; Miscellaneous, $396,558.35: To
tal, $2,645,743.26.
Disbursements—To Policyholders, $1,026,645.14; Miscellaneous. $1 238,615.87:
Total, $2,265,261.01.
Fire Premiums- -Written or renewed during year, $2,843,671.74 In Force, $3,
116,998.80.
All Other Premiums—Written or renewed during year, $568,909.80 In Force,
$631,645.94.
ASSETS
Value of Real Estate- $
Mortgage Loans on Real Estate
Value of Bonds ami Stocks
Cash in Company’s Office- -
Deposited in Trust Companies and Banks not on interest
Agent's balances, representing business written subsequent to
October 1, 1938 - -
Agents’ balances, representing business written prior to October
1, 1938 -
Deduct Cedd Reinsurance Balances payable
Interests and Rents due and accrued . -
All other assets, as detailed in statement -
8,000.00
38,500.00
4,240,112.24
595.82
243.837.05
282.943.20
19.348 84
— 15.437.40
19.119.69
7.681.06
Total -
Less Assets not admitted
$4 844.700.50
131.825.96
Total admitted Assets__
LIABILITIES
$4,172,874 54
Net amount of unpaid losses and claims .. $
Unearned premiums -----
Salaries, rents, expenses, bills, accounts, fees, etc., due or accrued
Estimated amount payable for Federal. State, county and muni
Contingent commissions, or other charges due or accrued
cipal taxes due or accrued - -
All other liabilities, as detailed in statement
296,691.37
2.068.587.23
6.319.50
15.000. 00
15.000. 00
37.650.90
Total amount of all liabilities except Capital $2 439.249.00
Capital actually paid up in cash- - $ 600,000.00
Surplus over all liabilities- - 1,673,625.54
Surplus as regards Policyholders
2,273.625.54
$4,712,874 54
Total Liabilities
Business in North Carolina During 1938
Fire Risks written S2.234,762; Premiums received, $24,167
All other Risks written $550,966;Premiums received, $39,709
Losses incurred Fire $9,949; Paid $9,839.
Losses incurred All other $20,868; Paid $20,859.
President E H Boles; Secretary A R. Wm. Wang; Treasurer. C. E. Wilson.
Home Office. 90 John St.. New York City.
Attorney fdr service: Dan C. Boney, Insurance Commissioner. Raleigh. N. c
Manager for North Carolina, Home Office.
jVLandgei to. STATE OF NORTH CAROLINA
(opnl, INSURANCE DEPARTMENT.
Raleigh, June 12th 1939.
I Dan C Boney, Insurance Commissioner, do hereby certify that the
Qu„ '«„ „ .and correct abstract of the statement of the North Star In
suranceCompany of New York City, filed with this Department showing
the condition of said Company, on the 31st day of December 1938
Witness mv hand and official seal, the day and year above written.
wlln ’ DAN C. BONEY, Insurance Commissioner.
MORE BEEF
E H Crabtree, of Bahama, Route
1 has purchased 100 acres of his
father's farm and is starting a small
herd of quality beef cattle. The per
manent pasture on the farm will be
increased. Carl Woodard of Spring
: Hope, Route 1, has also selected beef
cattle for a 4-H club projct.
ings carried on at the bar of justice,
and to promote an impartial and
equal justice.
The objects of the conference, as
pointed out by the conference secre
tary are: To make of the courts a
place of exact and impartial and
equal justice: To ask a greater re
spect for law and for the courts, and
by uniform rules and procedure to
encourage greater dignity in the ad
ministration of justice; To encour
age the enactment of legislation in
futherance of justice and tending
to simplify and modernize the law.
That the dignity of the courts
might be enhanced, the conference
unanimously expressed itself in fa
vor of the use of robes by the judges
and mapped out plans of courtroom
proi .‘dure. The conference would
have the county commissioners com
ply with Consolated Statutes 7538
and immediately purchase a stan
dard of colors, preferably in silk, con
sisting of a United States Color and
a State of North Carolina color, each
with gold fringe tassels and poles up
on which is mounted a brass eagle,
and that upon receipt of the same
the sheriff of the county shall cause
jthe colors to be displayed upon the
I bench during each session of the Su
I perior court, the United States color
j to be placed on the right of the
‘bench and the North Carolina flag
I to be placed on the left of the bench.
The rules of procedure follow:
The sheriffs require all persons in
the court room to arise at each con
vening and each recess of a session of
the court.
The sheriff shall keep the space
within the bar open at all times for
officers of the court, attorneys and
litigants, and shall provide for the
use of jurors not in the box and wit
nesses in the case being tried front
seats in the court room, the jurors
and witnesses to be seated separate
ly.
That the sheriff and the clerk and
a competent deputy of each shall be
in attendance at all times while
court is in session.
That in so far as it is practicable
to do so each witness shall be sworn
individually as he is called to the
witness stand, and the clerk shall
stand during the administration of
the oath, and he shall administer it
in a clear audible, intelligent and
impressive manner.
That the clerk and the jury shall
stand when taking the verdict of the
jury.
Upon motion of Judge Wiliiam Hy
slop Summer Burgwyn, the confer
ence passed a resolution prohibiting
bystanders in the courtroom from
serving as talis jurors, to the end that
the use of so-called professional jur
ors will be decreased and. if possible
abolished.
In Force,
during year, $4,388,745.11, In
... STATEMENT
national union insurance company pittsburg pa
Condition December 31. 1938. as Shown bv Statement Filed*^'
Amount of Capital paid in cash, $1,100,000.00.
Amount^Ledger Assets, Dec.31 previous year, $19,826,873.15: Total. $19.
Income—FYum ^Policyholders. $7,141,658.61; Miscellaneous, $727,985.97: To
Disbursements—To Policyholders. $3,306,022.76; Miscellaneous, $4,227,563.09;
Fire P^miums—Written or renewed during year, $6,990,803.10
3>11 ,O42D.D04.o^ .
All Other Premiums—Written or renewed
Force, $4,004,454.97
„ , , ASSETS
Value of Real Estate ______ _ « ,
Mortgage Loans on Real Estate_ _
Cash in Company's office_
Deposited in Trust Companies and Banks not on interest 917!614.60
Deposited in Trust, Companies and Banks on interest __ 219 464 04
Agents’ balances, representinfi business written subsequent to
October 1,1938__ _____ _ 11738268H
Agents balances.representing business written prior to October
1, laoo - _ 03 O 1 O AO
Deduct Ceded Reinsurance Balances Payable __ _ _125 170 55
Bills receivable, taken for fire risks 1600991
Bills receivable, taken for other risks _ _' _ qqt9H
Interest and Rents due and accrued _I" 11668638
All other Assets, as detailed in statement_98 910 38
Less Assets not admitted-!!_I_$23 873’24984
Total admitted Assets_ _ __ _ jig 406 368 42
„ . , x LIABILITIES ’
Net amount of unpaid losses and claims _ _ * 040 079 64
Unearned premiums __' * " 7 096 417 99
Salaries, rents, expenses, bills, accounts, fees, etc., due or ac
Estimated amount payable for Federal, State county and muni
cipal taxes due or accrued_ 327 000 00
Contingent commissions, or other charges due or accrued_ 25 000 00
All other liabilities, as detailed in statement __ 1,288,502 80
, , Total amount of all liabilities except Capital_ $ 9,715,793.49
Capital actually paid up in cash__ $1 100 000 00
Surplus over all liabilities_ 5!59o]574'93
Surplus as regards Policyholders_ 6,690 574 93
Total Liabilities-$16,406,268 42
Business in North Carolina During 1938
Fire Risks written $8,140,320: Premiums received $74 960
All Other Risks written. $2,121,050: Premiums received $52 051
Losses incurred—Fire, $11,716; Paid. $15,599
Losses incurred -All other. $46,518: Paid. $49,107.
President, J W. Thomas; Secretary, F. J. Breen: Treasurer A W McEl
downey.
Home Office, 139 University Place, Pittsburg. Pa.
Attorney for service: Dan C. Boney, Insurance Commissioner, Releigh N C
Manager for North Carolina, Home Office. B
STATE OF NORTH CAROLINA,
ISeal) INSURANCE DEPARTMENT,
r ,, e* d t „ Raleigh, June 9th 1939.
I, Dan C. Boney. Insurance Commissioner, do hereby certify that the
above is a true and correct abstract of the statement of the National Union
Fire Insurance Company of Pittsburg. Pa., filed with this Department show
ing the condition of said Company, on the 31st day of December. 1938.
Witness my hand and official seal, the day and year above written
DAN C BONEY. Insurance Commissioner.
STATEMENT
NORTHWESTERN EIRE & MARINE INSURANCE COMPANY MINNEA
POLIS. MINN.
Condition December 31, 1938, as Shown bv Statement Filed
Amount of Capital paid in cash $1,000,000.00.
Amount Ledger Assets, Dec. 31st pre-'ious year, $2,997,996.37’ Total $2
997,996.37. '
Income—From Policyholders, $669,572.99; Miscellaneous, $163 338 64’ to
tal, $832,911.63.
Disbursements—To Policyholders, $295,135.56; Miscellaneous, $475 529 77
Total. $770,665.33. '
Fire Premiums—Written or renewed during year. $2,202,025.07 In Force, $3,
948,622.83.
All Other Premiums—Written or renewed during year. $1,561 815 44 In
Force, $1,261,106.25.
ASSETS
Value of Real Estate _
Mortgage Loans on Real Estate_ _"I
Value of Bonds and Stocks_
Casli in Company's Office _ _"""III
Deposited in Trust Companies and Banks not on interest
Agent’s balances, representing business written subsequent
October 1. 1938 _
$
2
to
Agent's balances, representing business written prior to October
1, 1938 __
Deduct Ceded Reinsurance Balances Payable
Bills receivable, taken for fire risks _
Bills receivable, taken for other risks _
Interest and Rents due and accrued
All other Assets, as detailed in statement _
295.424.49
136,938.57
.202,312.72
9.933.59
244.200.12
129.105.76
7.342.95
—1,491.51
9.465.44
18.075.13
24.193.62
60.082.34
r a t T?ta' --$3,135,583.22
Less Assets not admitted _ 164,420.14
Total admitted Assets _ _
LIABILITIES
$2,987,163.08
Net amount of unpaid losses and claims _ _ <
Unearned premiums __"III”.I
Salaries, rents, expenses, bills, accounts.fees, etc., due or accrued
Estimated amount payable for Federal, State, county and muni
cipal taxes due or accrued _ _
Contingent commission.’., or other charges due or accrued
Reinsurance and return premiums due other companies
All other liabilities, as detailed in statement ..
80.121.15
587,678.60
. 200.00
15,450.00
6,250.00
269,632.50
350.00
Total amount of all liabilities except Capital_ $ 959 682 25
Capital actually paid up in cash __ _ _$1,000 000 00
Surplus over all liabilities _ 1,011.480.83
Surplus as regards policyholders _ 2,011 480 83
Total Liabilities - $2,971 163 08
Business in North Carolina During 1938
Fire Risks written $1,003,087; Premiums received, $8,125
All Other Risks written $795,669: Premiums received, $1989
Losses incurred Fire $1,828. Paid $1811
Losses incurred—All other $834. Paid $645.
President, John H. Griffin; Secretary, Oscar J. Eastman; Treasurer C W
Hall.
Home Office 125 S Fifth SI Minneapolis, Minn
Attorney for service: Dan C. Boney, Insurance Commissioner. Raleigh, N. C.
Manager for North Carolina, Home Office.
STATE OF NORTH CAROLINA,
1 Seal) INSURANCE DEPARTMENT.
Raleigh, June 12th 1939.
1. Dan C. Boney. Insurance Commissioner, do hereby certify that the
above is a true and correct absetract of the statement of the Northwestern
Fire & Marine Insurance Company of Minneapolis, Minn . filed with this
department, showing the condition of said Company, on the 31st day of
December. 1938
Witness my hand and official seal, the day and year above written.
DAN C. BONEY, Insurance Commissioner.