Newspapers / The News-Journal (Raeford, N.C.) / Sept. 1, 1949, edition 1 / Page 9
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'S.T J-- TAGS more about JULY TRAFFIC ’ auto collisions cost the lives of two persons. Eighteen have died in tlie first seven months of this year from this cause. Four bi cyclists killed by motor vehicles brought to 20 the number killed through July. One person was killed when his car jirashed into a fixed object. Twenty-nine died when their vehicles ran off the roadway. Two were killed when their vehicles overturned in the road. Of 3,171 drivers involved in all accidents in July. 1,667 were city residents and 1,320 lived in rural areas. A total of 2,300 drivers in volved in accidents were residing within 23 miles of the accident location. •It Pays To Advertise statement PR^EaiRED MUTUAL FIRE INSURANCE COMPAl^ L NEW BERLIN, N. Y. Condition December 31, 1948, As Shown By Statement Filed. Amount Ledger Assets, Dec. 31st previous year. $2,032,046.72; Increase paid up Capital, Total, $2,032,046.72 Income—E^’om Folicyholders, ^ $933,969.32;- Miscellan eous, $54,429.27; — Total $ 988,398.58 Disbursemerits—To Policyholders.' $301,639.58; Miscellan eous, $491,047.68; * Total, $ 792,687.26 Fire Pj-emiums—Written or renewed during year, $954,410.71 - In Force, $1,990,298.00 All Other Premiums—Written or renewed during year, $448,304.05 In Force, $ 644,840.00 Surplus as regards ASSETS Value of Real Estate - •—$ 139,875.60 Mortgage Loans oh Real Estate $ 49,152.00 Value of Bonds and Stocks $1,423,625.98 Cash in Companys Office $ 15,024.66 Deposited in Trust Companies and Banks not on interest $ 341,711.31 Deposited in Trust Companies and Banks on Interest $ 100,000.00 Agents’ balances, representing business written subse $ I I I I m I i I A MAYTAG quent to October 1, 1948 ;...; - 5 173,729.59 Agents’ balances, representing business written prior to October 1, 1948 - $ 1,433.32 Deduct Ceded Reinsurance Balances Payable - $ - 32,299.24 Interest and Rents due and atcrued $ 8,808.23 All other Assets, as detailed in statement $ 26,271.32 Total - - $2,247,332.77 Less Assets not admitted - $ 39,333.51 Total admitted Assets ; ; ^ $2,207,999.26 LIABILITIES Net amount of unpaid losses and claims $ 61,557.30 Unearned premiums Salaries, rents, expenses, bills, accounts, fees, due • or^ accrued —- 1 Estimated amount payable for Federal, State, county an municipal taxes due or accrued - d’R9fi*n'> Contingent commissions, or other charges due or acc^ed $ Reinsurance and return premiums due other companies $ - ' All other liabiUties, as detailed in statement Total amount of all Uabilities except Capital $1,090,143.91 Unassigned funds -surplus) - $1,117,855-35 ..$ 923,062.90 2,062.27 Losses ^incurred—Fire 8 28,889'4*aid f 324121,' Losses Incurred—All other $ 10,586; Paid-—,—-f WJSdA* President Frederick F. Hoadley Secretary B. R, Hbadley Home Office New Berlin, N. Y. Attorney for service: WM. P. HODGES, Commission^ o£ Insurane^^ Ralei^, N. C. state of NORTH CAROLINA, INSURANCE DEPARTMENT, Raleiih, June 7th, 1949 I, WM. P. HODGES, Commissioner of Insurance, do hereby certi^ that the above is a true and correct abstract of the statement of Preferred Mutual Fire Insurance Company of New Berlin, N. Y. men with this Department, showing the condition of said Company, on the 31st day of December, 1948. , i Witness my hand and official seal, the day and year above written.* WM. P. HODGES, Commissioner of Insurance. ^ u'Vj ”' - ...$1,117,855.35 , $2,207,999.26 Total Liabilities ^ ’ business IN NORTH CAROLINA DURING 1948 Fire Premiums received ^ All Other Premiums received ? 41,30“!, OF WASHING I I Three models, priced for any budget, $124.95 to$17§.95. Easyterms —liberal trade-in. Let us show you the spe cial advantages of a quality Maytag. Come in today for a demon stration. New shipment just arrived. IMMEDIATE f DELIVERY! The conventional type with reverse- | Action Agitator that really cl^ns | clothes! With most powerful Wnng- | er of any washing machine of the | wringer type. This is the real leader | of this type washer. Sales | FIVE MILLION of them PROVE their LEADERSHIP all over the United States! This washer can be used anywhere; with or without run ning water. EASY SPINDRIER $'199^ EASY TERMS Come in and see this BIG-VALUE EASY Spindrier in action today. Only the new EASY has Automatic Spin-rinse with double-rinsing action . . . built-in "Clean- flow” Water Filter for cleanest washing and rinsing . . . Handy Swing Faucets. Does your week’s wash in less than one hour! New ahipfnent just arrived, ■ IMMEDIATE DELIVERY! This Washer has patented SPIRA- | LATOR reverse - action Agitator | which provides a constant suction- k like action among the clothes being | washed, and cleans them,*" I shortest possible time. This Washer I* has two tubs; one for washing; the | other for rinsing and drying. You | only handle the clothes from washer | tub to rinsing and drying^ tub, | then hang them on the line. Both | tubs can be operated at the | time. DOES MORE OF THE ^ WORK THAN ANY WRINGER- TYPE WASHER. A COMPLETE washing is done in h^f THE USUAL TIME REQUIRED! Free demonstration in our store at any time! statement PILOT LIFE INSURANCE COMPANY Greensboro, N. C. Condition Dec. 31, 1948, As Shown By Statement FUed Amount of Capital paid up in cash S 1.000,000.00 Amount of Lcdaer Assets Dec. 31st of previous year, * $56,604,337.10; Total 3.56,604,337JI) Premium Income, 313,354,904.84; Miscellaneous, $3,234,677.47; Total , : ...316.339,532.31 Disbimsements—To Policyholders, $4,564,589.40; Miscel laneous, 35,075,592.38; Total $ 9,640,131.73 Business written during year—Number ■, of Policies 163,207; Amount, :.....$117,979.754.00 Business in force at end of year—Number of Policies 645,013; Amount $448,389,088.00 ASSETS Value of Real Estate .(less amount of encumbrances ....$ 1,371,308.83 Mortgage Loans on Real Estate i..$ 31,172,700.57 Loans secured by pledge of Bonds, Stocks, or other col- 'lateral $ 232,500.00 Loans made to Policyholders on this Company’s Policies assigned as collateral i S 3,153,910.62 Net Value of Bonds . 3 21,526,135.54 Net Value of Stocks 3 4,3i7,333.70 ' Cash / $ 1,224.787.54 Interest and Rents due and accrued 3 366,462.55 Premiums uncollected and deferred ....i..... S 1,264.697.33 All other Assets, as detail in statement ' 3 63,105.07 Total S 65,193.443.90 Less, Assets not admitted S 340,659.29 Total admitted Assets , $ 64,S52,"34.61 LIABILITIES Net Reserve, including Disability Provision $ 50,327,435.00 Present value of amounts not yet due on Supplement ary Contracts, etc S 2,044,232.00 Policy Claims $ 328(ife6.39 Dividends left with Company at interest $ 1,379,142.00 Premiums paid in advance S 1,069,816.53 Unearned Interest and Rent paid in advance , $ 19,635.27 Commissions due to Agents $ 4,300.00 Estimated Amount payable for Federal, -State and other Taxes, .$ 183,283.00 Dividends due Policyholders $ 30,122.28 Amounts set apart for future divends $ 477,205;00 All other Liabilities, as detailed in statement $ 788,624.94. Total amount of all Liabilities, except Capital $ 56,632,784.61 Reserve - .... $700,000.00 Capital paid up in Cash $1,000,000.00 Unassigned funds (surplus) $6,500,000.; $8,200,000. * Total Liabilities $ 64.852,734.61 BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1948 ORDINARY 'C Mm TBE.! makes wash-ddy ^ w Q cinch! x ^ ?(,//] FRIGIDAIRE AUTOMATIC $ PRICI! New shipment just arrived. IMMEDIATE DELIVERY! Ask Oboiif '•beral the t9rm new THIS WASHING MACHIl^ IS PERFECTION ITSELF! Just lift the top-lid; put clothes and washing poWder in; flip the switch. Clothes are gently washed with churn-like vacuum action; and are | spotlessly clean in 10 minutes! Then | they are automatically rinsed thru | two waters, and all soap and wash- | water completely removed. They g are then rapidly whirled for a short | time, and are ready to remove, aL | most dry! Complete operation; 2954 | TH’/ r^SHER IS ADMITTEDLY THl^ iNEST FULLY AUTOMA- ^ TIC WASHER MADE! $ £asy to install; no bolting down; NO VIBRATION! Free demonstration in our store at > any time! EASY TERMS ON ANY OF $ THESE WASHERS, IF DESIRED. ^ No. Policies on the lives of citizens of said State in force Dec. 31st of previous year .54,^4 Policies on the lives of citizens of said State issued during the year 5,796 • Total - 60,020 Deduct ceaked to be in force during year .... 3,626 Policies in force December 31st, ...56,394 Losses and Claims unpaid Dec. 31st of .... previous year 23 Losses and Claims during year 295 Total .: , 313 . * No. ■Policies on the lives of citizens of said State in force Dec. 31st of previous year 171 Policies on the lives of citizens of said State issued during the year - i Total 232 Deduct ceased to be in force during the year - 28 Policies in force December 31st 204 Losses and Claims unpaid December 31st of pre vious year : —-1 2 Losses and Claims incurred during year 209 Total : 211 Amount $106,726,755. $ 15,005.642. _ $121,732,397. $ 7,754,869. $113,977,528. $ 84,962. $ 707,590. $ 792,552. GROUP •Amount $40,975,069. $17,047,350. $58,022,419. $ 2,696.144. $55,326,275. $ 1,250. 176,940 178,190 INDUSTRIAL Policies on the lives of citizens of said State in force Dec. 31st of previous year 405,266 Policies on the lives of citizens of said State is sued during the year — 39,210 . Total 494,476 Deduct ceased to be in force during the year 74,905 Policies in force December 31st 419,571 Losses and Claims unpaid December 31st of orevious vear 165 Amount $121,705,701 $ 37,963,427. $159,669,128 $ 33,137 945 $126,531,133. APPLIANCE I Hoke County’s only EXCLUSIVE Electric Appliance Store. PHONE 322-1 RAEFORD, N. C. $ 36,460 Losses and Claims incurred during-year 2,751 S 621,290 Total 2.916 S 657,750. Losses and Claims settled, during the year, in fu’.i. .?1.484,d32.: oy compren'ise. $13,278.; by rejection. $22,894.; Ordntary. 293: 5,14,449.; Group. 203; $166,415; Industrial, 2,746: $617.990., Losses apd Cl.iims unpaid December 31st Ordinary. 20: $51,103.; Group. S: $11,775.: Industrial, 170: $39,760. ; Premium! Ltco'.r.e—Ordinary, S3.2S6.052'.99;. Group, $510.944.2,; In dustrial. $4,190,547.40; Total $7 937.544.66.. President 0. F. Stafford Secretary L. L. McAlister Treasurer T. H. Lind Actuary C. H. Ber.soa Home Qffice Greensboro, X. C. Attorney for Service: WM. P. HODGES. Commissio.ner of Insurance, Raleigh, X. C. STATE OF XORTH CAROLIXA INSURANCE l^PARTMENT Raleigbr-June 2ri6, 1949 I, WM. P. HODGES, Commissioner of Insurance, do hereby certify that the above is a true and correct abstract of the statement of the Pilot Life Insurance Company of Greensboro, N. C. filed with this Department, showing the condition of said Company oa the 31st day of December, 1948. Witness my hand and official seal the day and date above writtao. Wm. P. Hodges, Commissioner of lnsuranca> ■■■ r'v "a ' y- 1-
The News-Journal (Raeford, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Sept. 1, 1949, edition 1
9
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