1®
PAGE FOUR
TUF: COASTT.AXD TISIF.S, MANTEO, X. C.
FRIDAY, SEPTEMIER 13.
SENATOR
SAM ERVIN
«sm«
ENGELHARD PERSONALS
WAS■HI^'GTO^^ — Congic-ss,
is entering the eigth month of
the current session. With most .-inrl Jt.-s. Murel MarshnII
priority legi.$lation still pending, | and 1. l>. Watson spent Thursday
some assessment of what has!
been happening may be in order j Mr. and 31rs. Shaw Bonner of
A wide ninge of factors are in-j Green.’i'lo were vi.sitors here
volved in the judgment that Sunday, before returning to
committees have been e.xorcis-
ing, but three of those miglit bo
outlined as follows:
hU'-t, till.- M "N'O 'll,' Wi.
lie.-ised more I’re.'Uli'ii’ial legi.-.-
lative reque.sts than any otlicr
in recent years. Jioro than 4u0
of these requests of \aryi;ig
urgency have conn' to Ci>n,gres.s
for action. In addition, there are
as usual thousands of bills in
troduced by members of Con
gress ut the fir.st session. Ail
has produced a massive amount
of iegislalion for committees to
consider.
Second, most of the major
Mantco where Mr.s. Bonner is a
menibcu* of the school faculty.
Ali.s.s r.iruljn M ir'h.ill left
.Sii iil.iy for G ii'.ivilli, ubere
.-■I ( enteri il K t’. C.
.Mrs. Dennis Selby and son,
Shi-rwi'od visited Mr Selby at
the Belhuve.n hospital.
Mr. and Mrs. Ben .Midyettc
spent Thursday in 'Wa.shington
and visited M’s. Robona Arm-
•strong at ino Beaufort County
UospiUil.
Mrs. Inn Simmons of Fairfield
silent tile week end herc.
Jlr. and Mrs. Nortlian Mar-
.di.ill of Wilson spent Sunday
legislative piog-ams urged arci,
and have been for some lime ‘
Mr and Mrs. Max Hodges and
highly controversial. C o r.gvc.si.
has been asked at this session to
enact legislative measures on
transportation problems, aid to
education, national 'ilebt limi
tations, costly foreign as.sisi
ance, coercive civil right:
Mr. and Mrs. Carroll Hodges
vi.siled in Edenton last week.
■ Mrs. Helen Spencer, Mrs. Bosis
Litchfield and granddnughtor,
Lou Ann and Mi.ss Patty Neal
pj.Q-jwere Washington vi.sitors.
posals, and ta.s amendments, alii Hari-is is a piitiont .at
of which have raised the mosti^'"-’ Beaufort County Hospital,
serious issues. i Mrs. ilari is is in Washington
Third, the vast majority | "''S.stme.s Liicv Cox. .lanie
the reconimenaal.o!\5 for :i iiost'
THE AMERICAN fFAY
t^ual rij(Kt ot every
clti2.cn to the free c.vcrciac
of his rcHi'Ion, according’ to
the dictates of his conscience,
is held by the same tenure
with all our other ri^htst*
»
jAiaa UAOisoN
?n- c.. -.
ty.'-
Freedom Of Worahip
SRA HAGS WILL MEET
Meekins, V'r-!cl. voiions. Airs. Milliceiit Waits.! to this meeting.
v'.'h '•'V .
of new programs are niniung ,
• , .1 f.. .. n,. giina Miller, Inez han-ow, .lame secretary-treasurer road
into resis ance fr un the pub c Exadcll minute.s culled the rolls
which s beccuning leeij of m-_3(1 horn .and -Miss,.Mgggift,
creased Federal spe ding. Ihus, .chool *
a considerable number of Pro-, „,eeting in Columbia
posals have not caused any mt^- l Saturday afternoon,
sive public e.vpression in then
spent several davs in Raleigh.
The tax program which has Carina Gibbs. Mrs Ro-
been 111 ib.e process of study for ,iaugbtf'r. ?tair
many months is illitslralive of Wjus-hiiigton vi.-^itors Fri-
the prohltiiia ]ne»onttd to tins
Congress. Most members iiro^ oqo of Kngel-
amire of-the fact Uiat* present eiijuyoti a company tiip at
high tax iatos are in need of Leach last week end.
revision. At the same lime, ^hc were IJ) mem her?
tax reduction bill must be con
sidered in the light of what is
bVing urged'in the way of '-,iud Mrs. George O'Nral
ing. Here the bill cuts across the
b^.^lc •’(•‘tnonuc plitlo-^phy th.it it Cor tlnon S 'nd;i\
i- M>*t -imiid to 1 at luxt*.-. and in- p j j,*]-,, .. It
cleu^c spenuiiig m imns “f ici- N-.rftdk t.* f‘\ X
CIIUKCHWOMKN MEKT
AND FLAX ACnVITIES
The N. C. Sea Hags will meet
St. George's Episcopal chureb- at llu' poi’t Seplcm\)er IG at
women met Thursday, Sept. 5, TIiono who have fislied dur-
in the Pan.'^h house. ,iug Iho summer season and
In the absence of tlie prosi- have point.s n.s to .«ize .and
dent, Mr.'!. Marietta Schmitt, thelweiglit of fisli caught, are asked
v.ce-prosidcnt, Mrs. June l.ivov- to turn tlioih ni to Mr.'!. Joan
man, conducted the meeting fBender at Kill Devil Hill.'-:, be-
^Irs. Annie Crcdlc gave the;fore this meeting, or bring them
the
am)
gave - the treasurcr'Si.ycpprt.,,, ^
Plans were made for the visit
of Bishop Wright on Sept 29, at
Avhich time he will dedicate the
Pai’ish house. Homocoming will
be observed at that time, with
dinner smwed in the
hoti'ie. 'I’be public is invited to
ntlenil all of the.*!e
lug’nn.ng at 11 00.
be in: cJuirch school on that dav.
All members are urged to at
tend this meeting so a team can
be ,sel.ected^/or'4he,v;tptu'jiainpr.t
early'in October." ■ ■
STATEMENT
NORTH CAROLINA MUTUAL LITE INSURANCE COMPANY
ASSETS
Bond* $41,317.358.5-1
Siocki 5,531.834-56
A\orloogo loons on Rcol Evtotc ••• 20 843.093.70
Real Estate 1,686.925.13
Policy Loans ... 2,905,173.72
Collotorol Loons 14,747.37
Cosh ond ba.ik deposits .. - .. 2.054,393.4!
All other assets ,os detailed »p annual statement) 2.408.974.87
Total Assets .... .... $76,762,506.35
LIABILITIES, SURPLUS AND OTHER FUNDS
AggrcQalc reserve for life policies ond contracts .... $60,146,965-07
Aggrogulo reserve for Occident and heahh contracts .... .... .... 185,886.08
Supplementary controct* withowr life contingencies 67,44,$.39
4.1 Life - .. 776,992.68
4.2 Accident ond heoith .. 33,590.77
Policyholders' dividend accomulotions , .... .. 738,935.23
Policyholder's dividends due ond unpoid .... 82,793.55
Provision for pohcyholder's dividends payable the following
cniondor yoor .... 873,105.62
Pfcmums ond annuity consideration received In advance .... 295.777 45
Commission to agents doe or accrued .... 106,059.34
General expense ciuo or accrued 37,6)5.68
Taxes, license* and fees due or accrued 441,874.18
All other liabillttes fos defolled in annuo) sloloment) 3,287,107.54
Totol Liabilities (except Capfol) .... $67,076,194.58
Special Surplus Funds $4,136,3)1 77
Unassigned surplus $5,650,000.00
Total
S 9,686,311 77
$76,762,506,35
BUSINESS IN THE STATE OF NORTH CAROLINA DURING 1962
ORDINARY GROUP ‘
No. of
Amount Policies
No.
Amount
INDUSTRIAL
No. Amount
26.441
3.610
2.949
27,102
124
3),864 920
7,575.940
5,794.249
33.646.611
143,293
5 316 409
1 302.000
1.067.603
5,550,806
6,767
136 299
27,091
31,059
132.331
828
35 106.924
12 59) 934
12,829,924
34.868,937
170.472
124 ' 143,293
143,293
’6,767AS
6,767
826':-'i;.; 168.862,
1 ' -.300
1 1,110
828 170,472
1
350
in charge of the sale of Christ-
iiiais cards, and .Miss Maggie
, . , I Bndgmnn will handle fruit cake
1Lsali'b.
I'lalis wore nrsde la clean the
on
attending with Pratt Wdlinni-- ,
h .v-eivod in the Parish hoii.se.
- soi^, Jr, as Scout Coans'Mlur
Mrs. Milliccnt Waits wjll bclpi.ni-kc were present.
semccs. Church and Pai'sh hnu(
^ r' Friday, Sept. 27, at
A games parly was planned
Plans wore made for the an-jfor Oct. 7, al.S;00,'in the Parish
nu.il !>;izaar, which will be on hou.sv.
I Oft 19. with dinner and .supper, Miss Jlaggie Bridgman di;;
mi.scd the meeting witli prayer.
It w-us decided th.at all future' Mrs. Bettio Ballance,. .seryed
meeting would be held at 2.00,'refre.shmcnls. Mrs. OrpliTi Davis'
,the year around. 'Mis. June Liverman. M'ss Mag-
it-l Mrs Orphan Davis and Mrs jju' Bridgman, Mis. .Vnue
iKiz.ibeth (’larkc were appointed ('icdb . .Mis. .Mdln.nt J. :.m-l.
alive, prosnerity. Only a few jjew'il.iven f'uii , to vLsit hcr!^“ die caiirch checked for,Mrs. Bottle Bnii.mce, .Mrs. Janu
days ago, the President when and son-in-law, '‘'Pa'i’S- _ jFulford ami -tlrs. Eiizaboth
•.i.skcd by a reporler “wIiuU'.cr'ho-o,^jj' jii.;... ji,,) potts and to get
would cal! the economy good, acquainted with her jiew graJld-
siuggisli, or bad” is reported to Jlichcal PotU. .Mrs. Potts
have staled- ‘‘I’d .s.iy good”. The the former AHce Fay
general state of bu.sine.s.s may be ptficridge.
having a cnn.siderable effect on_ Bobby Davis ba." gone to
many of the proposals. Eli-zabeth City, where he win be
Commingled with a diffic-ult employed,
tax i.-4ue, Congres.4 faces civil: "The W. M. U. of the Bapti.st
rights iiropo.suU wliicli a-e sen- Clvi-cb v.d! it- meeting for
ously di.sturliing to vast numbers .September a* the Cbu'ch next
of c'ltir.ens who are questioning Tuc.sday night ot “•.qo o'clock,
the iit-ed for and the long range, yii-i. Viiginia. .Miller ha.? re-
eiiect of the broad powers'turned from a visit in R chmond,
sought to be coaveyed upon a Va.
nebulous Federal biivciuicr.acj. ith-. and Mr.s. H'lbcrt Guthrie
Congressional c o m ni 111 e os'of Mautco spent .Sunday hove,
have been studying the issue.? 1 AlUn Bii-ius
•and endeavoring to render from Wu.diingP-n, D. C., where
hones', judgments upon them. As ho .spent a few days.
POtlCr-,EXKIB|T
1 In force Dec. 31
of previous year
2 Ivvueci dj'ing yi*u»
3 Craved to bo in force
during >oor NeJ)
4. In force Dec. 31 of
current year
LOSSES AND CLAIMS
6. Incurred during
cur'cnt yoor
7 Settled during
current year:
a By payt'Wi\i »r> full
b. By comprontisc ..
c. By reicction
d Totals 124
9 Amount octuully poid on
coniprurnlscd claims
Premium lucome-'Ordlnary, $1,055,204.36; Group, $76,050.96; Industrial.
£1,665,144.55; Total $2,796,399,87; A 4 H Prem. 51.414,553,58; lossos $429,216.97.
Pros'clcnl, A. T, Spaulding; Secretary, j W Goodloc; Treosuror, V O, Turner;
Actuary# N, H, Sonnoft# Jr.; Home Office: 114 West Parrish Street, Durltant, N. v.
Attorney for service. Edwjn S. Innler, Commissioner of Insuronco, Raleigh, N. C.
NORTH CAROLINA INSURANCE DEPARTMENT __
Rolcigh, April 9. 1963
I, EDWIN S. LANIER, Commissioner of Insurance do hereby certify that t^e
above is o true ond correct obstroct of the statement of the North Corohtro
.Mutuol Life Insurance Campony, of Durham, N. C. filed with tins Deportment,
showing the conditioit of sold Compony on the 3Ist day of Decentber, 1962.
Witness my hand ond otflciol scol the day ond dote obovc wr-tten.
EDWIN S. LANIER, Commissioner of Insuroncc
No. Amount Policies Amount No. Amount
No cf
STATEMENT
CENTRAL SURETY AND INSURANCE CORPORATION
ASSETS
Bonds
Stocks
Cosh ond bank deposits
Agents' balances or uncollected premiums, net
Funds held by or deposited with ceding reinsurers
Blits receivable, taken for promiunrs
Reinsurance recoverable on loss poyntents
Interest, dividends and real estoto income due ond accrued
All otlicr assets os detailed in statement .... .... ~
Totot odmlttcd Assets.
DABILITiES, SURPLUS AND OTHER FUNDS
, 1. losses unpaid .... ...j...... .....
'2. Loss adlwstnrent oxoensos unpoid'. '.Ji
3 Contingent cornrtiissioris and other simllor chorges
4. Other expenses (excluding toxes, licenses ond foes)
5. Taxes, licenses and fees (excluding Foderol income taxes} ...-
10. Uncorned premium* ^
11 Dividends declared and unpaid:
'b) Policyholders ^ ...
12. Fund:, held by company under rciVsurancc treaties
13 Amounts withheld or retained by company for occount of others
l4o Unearned premiums on reinsurance in
unauthorized enmpames
l4b Rclnsurence on Doid losses $6,653 12 ond ori
unpaid lossuv $305,532 00 due from
unuuthonzod cornpo>»i»'s $312,185 12
14c lofol $641,106.92
15. Less funds held or retained by company for account
of such unauthorized companies ... .., .$452 980.84
STATEMENT
^ NATIONAL CASUALTY COMPANY -
ASSETS
1. Bonds
4 Root Estate
6 Cush and bank deposits
8, Agents* balonces or uncollected premiums, net
9 Funds held by or deposited with coding reinsurers
11. Reinsurance recoverable on loss payments
14. Interest, dividends ond real estate income due and ocerwed
17. All other assets as detailed In statement
Total admitted Assets:
LIABILITIES, SURPLUS AND OTHER FUNDS
1. losses unpaid
2. Loss ad|us1ment expenses unpoid ....
3. Contingent commissions and other similar charges
4. Other expenses (excluding taxes, licenses ond fees)
5. Taxes, licenses and (cos (excluding Fcderol income taxes)
6. Fcderol income tores
10. Unearned premiums -
12. Funds hold by company under relnsuronce treotles
13. Amounts withheld or rclolned by company for occount of others
I4a Unearned premiums on reinsurance ’m
unauthorized companies $ n,415.37
14b Reinsurance on paid losses $6,619.53 and on
unpO'H losses $95,433.75 duo from
unouihorized componics $102,053.2$
)4c Tatot $194,468.65
15. less funds held or retained by company for account
of such unauthorized companies $185,107.76 1
Ail other Ifabiiltles, os detailed In stotement
....$21,708,1
.... 16,032,4
146,8
2,860,1
208.r
86,j
220,5
165,4_ ,
$ 197,512.1
...$41,627,2484
. $13,125,330.1
577,806/
67,688.J
49,354/
... 677,149,1
80,000i
... 8.843,503.4
185,107J
14,007,4
9,360.8
187,832/
$33,117,151.1
17,810,0960
$41,627,248^
Torol Itoblllties
Specio) surplus funds: ...$10,810,096.95
Capital paid up 2.000,000.00
Unossigned funds (surplus) ...... 5,000,000.00
Surplus os regards policyholders
Totol ..
BUSINESS IN NORTH CAROLINA DURING 1862
Direct Premiums Direct Lossd
LINE OF BUSINESS Written Incurred f
11. Accident only tindividuol) .... $136,247.92 $ 32,215.0
12. Acedeni and hcolth (Indivlduol) ...» ' 61,831.21 18,063.5
13 Hospital and medical expense (Individual) 61,6^.84 33,563.r
)4. Group Occident and health 60,234.64 43,697.;
15. Non cone. acc. and health 748.55 38.3
31. Total ... $322,729.16 $127,578.3|
, President, Murroy 0. Lincoln; Secretary, M, L. Osktn; Treasurer, F. E. Oufpp
Home Office: 1100 Griswold Building, Detroit 26, Michigan ^ *’
Attorney for service: Edwin S. Lanier, Commissioner of Insurance, Raleigh, N.
NORTH CAROLINA INSURANCE DE9ARTMENT
Rolcigh, March 32, 196
I, EDWIN S. LANIER, Commixslonor of Insurance do hereby certify that tH
above Is a true ond correct abstract of the stoicmcnt of the Notional Co&u|
pity Company, of Pelro*t, Michioan, filed with this Deportment, thowiti
the condition of sold Compony on the 31st day of December, 1962.
Witness my hand ond official seal the doy and date obove written.
EDWIN S LANIER, Commissioner of Insuranco
- -$15,512,265.67
5.729,945.00
1,034,292.15
1.266,756 47
102 57
101,750.06
48,607.32
121,042 19
S 325.079.50
$24,140,041 93
... S 5.258,09? 00
:,ii •-.667,919.00
72,400.00
108,635.00
.. 287.700 00
.... 7,934,555 44
430 00
493.961 53
47,169 16
$328,921.80
185,136.08
2.000.000.00
7.031,046 72
,.,■....$15,053 W.21
9,031.046,*»2
$24,140,041.93
"Mr Mil Norwnrfd Glbb^
of Norfolk the week end
they \vei^?h thorn. tlv‘ logi-^lativo
rfU'ioG which tho late Speaker
Sam Rayburn gavv comc$ to h'-rn
jr,ii-,(l. He said once:‘-One of the i -Mr. and M'-s Russel.^ fkan-
vrn?iite?t sUiieniciUF; lhat wa^s chail atai Mr.-. Stoin Wnhani'*
f-VL‘i* FiMicie atiyboclv was: ‘Ju.st Xorfvilk vlsitotp-.
minute’." In mv judgment. thU Mis-'CJ Patty Xe.il, D.->nna Sel-
i, wkai Congress is saying be-‘by and Anita Fisher left Sunday
f„i-c it acts on many of the--; for Loumburg _ ‘"'’Rege. T ney
Icgisbitivc requests. It is idsowere aeeompaniod by ..Ir. and
wed to rememlier that It wii! Mr.^. Rovden Neal and Mrs.
fur better for Congress to defer j Huliort Selby. _
■action until it can write good j Mr. .-ind Mrs. George .MifcneU
il! be for it to en- 1 of K!i7ii)jeik l-.'.y and
STATIMENT .
N£W VOW tin INSUMANCE COMPANY
Bond,
5‘ock$ , ., * *
Mortgoge loons on Real Estote .....
Reol Estote
Policy loons
Cosh ond bonk deposits
All olhcr assets .os detoiled In onnea! stotement)
To»al Assets
tlASIllTIES. SURPLUS AND OTHER FUNDS
Aggregote reserve for hfe pohc»os ond contracts
Aggrogoto reserve for accident ond heohh controcts
Supplcmcntorv controcts without life contingencies
4 1 Ljfe
4 2 Accident ond ht'ohh
Policyholder! dividend occumu’otions
Policyholder s dividends due ar'd unpoid
Provision for po«'cyholder * dividends poyoblo the following
colondor year
Prenfums ond onnuity consldeiot^on received In odvance
Comnussion to agents due cr occfued
. - . Goneiol expense due or accrued
nil.'!! I'CtUl’IlCU j Toxes, lice.nse.s ©rtd fees doe or orcrued
Remittonces ond items not onocoted
All othe*^ liobllities (as detailed In onnuci statententi
_ . , . , Totol Uobllltics tcxcept Capita!)
Speriol Surplus funds $ 58.6O0,00Cr.0()
Uoo.slgned surplus S4BI,V53i37e.36
Totol
$3,871/05.494 8C
643.243.3D9.0(.
2.053,502.463.51
367.829.155 07
516,363.953 00
40.036 024 03
230 373.795 6/
$7,732,901 195.16
$5,696 374 04*' ('*;
22 999.600 03
408 016 135 03
25,568,49’? 11
12.984.493 00
5£6.941 ,024.00
3.374,583 35
157 377.3MOO
41,300,693 18
401.031.42
3,950,000 00
34.095,630.00
4,581,814 4?
194.376.955 25
$7,192,342,816.30
$ 540.568.378 36
$7,73 2 901.195 T6
BUSINESS IN THE STATE OF NORTH CAROLINA DUHISC 1962
OROiNARY GROUP
Totol liabilities
Capitol poid op
Ui*as>iyncrl funds 'surplus
Surplus as regards pol cyholdcrs ....
Total
BUSINESS IN NORTH CAROLINA OURirTG 1962
' - - - ... 5,^-., - Direct Premiurns Direit-Losscs
LINE or BUSINESS
Fire- ..
Evti'odofi ceverage
Ott‘»*r ailii'H l»''r*s
Mom-ov nri , mjliiplo p-'r I
Cenu «.-rc«o' nvolt'plc pen!
Inlond niorme
Accident only Individual'
Workmen's Compensotiori ..
Lrobitity other thon auto fS. I-) ......
liobilliy other thon ooto/P." Dl)“.'3r.
Auto liobHity IB. I 1
Au^o llub’Iity (P. D.)
21, Auto phys. clamugo
?3 Fidelity
*4 Surety
!5. Class
J6. Burglory and ihoft
(I. Totol
President. T B. Knileyi Secretoty, C F. C)as«, Treosurcr, 0, H
Ho.nu Office J737 McCee St . Kontoi City 41, Missouri
Attorney for service; Edwin S. Lanier, Comnilvsioner of Injumnce, Rolu-gh, N* C.
NORTH CAROLINA INSURANCE DEPARTMENT
Roleigh Morrh 14. 1963
I, EDWIN S lANlER, Comnnsiioner of tnsurantr do hrroby cMtify thot tht)
obove is o true and correct obstroct of the stotemert of IHe Central Sur
ety and >nsuronco Corp. of Konsos City, Mo., tiled with th.s OcpartntcHt, showing
lS» condition of said Coo»pony on the 3tAt Hoy Decentber, 1962
W»/noss my hand ond oHiciol seal the doy ond dote above wilt»u*>
EDV/J.sj S. LANIER ContmHslonvr of Insurance
Written
..$16/54.55
6 742 13
39 .17'
C 173 43
71? 03
7‘34.85
40 03
3.682 70
- 1,339.71
. 258,95
8.741 06
.. 3,337/6
.. 4.345.63
50 00
4,869 19
278.39
503.60
$59,938 94
incurred
$ 1,153-08
79 76
6 665 fO
9t81:
1,327 17
1,239.75
o.oisoB
2,873 26
904.22
149.87
117 20
Sir.447 72
Whitney
STATEMENT
NATIONAL BEN FRANKLIN INSURANCE COMfANY
ASSETS
1. Bonds ....
2. Slocks - .......
6‘. Co4h ond bank deposits .. * '* . '
8 Agents' balancr'S or uncollected premiums, net
10. Bills roccivablo, taken for premiums .. .
14. Interest, dividends and rcol estote Income due ond occrueci
17. All other assets os detoiled In statement ..
Total oomitted Assets: ... ....
LIABILITIES, SURPLUS AND OTHER FUNDS
I Lossos unpoid - - . 4,170,788.6]
2. Loss od|ustmen1 expenses unpaid ..... .. ....
3 Contingent commissions and other similar charges
4 Other expenses e.\cludlng taxes, licenses and fees)
5. Toxes, licenses and fees (excluding Federot Income toxes)
6. Fednroi Inconte toxes .. ........
ID. Uf'eurned premiums
n Dividends dvclorerf ond unpoid:
«b' Policyholders .......
13 Amounts withhold or retaincrl by company for occount of others
16. Excess of lloblllty ond compensation statutory and vcluniorv
reserves over cose basis ond loss expense reserves
18 All other liabilities, as detoiled in statement ....
23. Totol liobllties
24. Special surplus funds: ... ... ..-....$1,400,000.00
25. Capitol poid up 2,000,000.00
26. Unossigned funds (surplus) .. 7,406,186.28
27 Surplus os regord* policyholders „ .....
28. Total . ..
BUSINESS IN N08TH CAROLINA DURING 1962
Direct Premiums
LINE OF BUSINESS
1. Fire
2. Extended covorogc ..
3. Other allied lines
4 Homeowners multipio peril ....
.5 Cominoicial multiple peril
7. Hod growing oops only)
,9. Inicmd inaiirif
ly Auto hihlhfy {8. I ) ... ..
20. Auto (tobilily 'P. D.)
21 Auto phyi damage
)1 Total
Piov.dcnt Nothon H Wentworth; Secretary, Gcolfrey Ooncy; Treosurcr, Willorq
E. Uoncker; Honte Office 200 South Craig Street, Pittsburgh 13, Pennsylvonia
Attorney for seivire Edwin S. Lamer, Commissioner of Insurance, Raleigh, N. C|
NORTH CAROLINA INSURANCE DEPARTMENT "
Rolelqh. Marr.h 22, 196]
h EDWIN S. LANIER, Commissioner of (nsuronce do hereby certify rhot thJ
is o true ui^d cortoct obstrcict of the stotament of the National Ben Frankllil
f.'vo ou*' ^umpony of P»*tshwrgh Pennjylvonto. filed with this Department, showinJ
thv cn 4 * o” '>1 su*H Ci»nvpo«'y on the 31st doy of Oecomher. 1962
VV *''( .s iny bond ond offiC'ol scol the doy pnd dote obove written
EDWIN S. LANIER, Comrvtissioncr of Ir'suronce
$ 9.630,913.R]
.. . 9.815,711.01
20f.O47.3|
.... 1,040,456.31
61.483.6]
93,392.51
....$ 269.853.4i
$21,199,858.21
458.865.
24,285.0
13,845.0
160,972.T
12,155.0
5.257,810.8]
120,000.0
172,831.,'^
$10,393,671,91
10,806,186.:
1,858.:
$21,199,8
Written
$21,503.99
6,697.58
118.69
2,507 17
55.37
781.66
..... 3.654.03
.. 1.740.32
1,505.24
$38,554.07
Direct Lossel
Incurred
$ 1.911 7|
855.ia
2,568.2^
99]
1.364.4
73.16]
5,180.3]
2.609.21
909.9]
$16,140.51
S 6,438,169.1]
5,755,643.01
169.9X.2l
1,133,474.91
540,191>l|
U7.n
205.454.7]
39,848.1]
S 72.817.^
14,358,412.(1
$ 2 132,4851
183.092.1
29.600.4
27,141
145,341.]
2,849A04,]
11,842.1
laws than it wi
not luistliy coneoctiai bad legis
lation. , . .
Anni* Rno
Mrs.
of Fuirfield s)ior.l
4.
s.
MCKELS FOR KNOtV-HOtV
Policy EXHIBIT
In force 0*c- 31 of previous yeor
Issued during year ...v
Ceosod to be m force
during yeor (Net) ....... -
Irt. force Dec. 31 of current yeor
LOSSES AND CLAIMS
Unpaid Dee, 31, previous year
Incurred during current yeor ....
Settled during current yeor*
o. By pay,'nent In Ml
d. Totals
Unpaid Dec. 31. current year
15 plus 6 rntnos 7d)
Premium Income—Ordlnory, $6,539,268. Group, $381,619. ^utol $6 920 657
, Consifierotion for annuities, $48,401, A^H Prom $356,363 la^s*** S'»67,*45
SlllUlaV with Ml'n, I^JLUni riir-1 President, Dudley Powell; Sjeretury, Will lom f Young, 7r»’0‘urcr € 8oId-
' win, Jfsj Actuory* Lowell M. Dorn; Home Office, 51 Modison Av©., New York 10,
NeW York.
Attorney for service: Edwin S. Lonier, Comm'ssioncr of Insjrtirico, Rolcgh, N C.
NORTH CAROLINA INSURANCE OEPARTMCNT
Roletgh Apnl 10, 1963
), EDWIN S. LANIER, Cotttmlssioner of Insuronto do hereby certify ihot the
obove is a true ond correct obstroct of the stotemenf of the ^4ew Yo«’k Life
Irtsuronce Compony, of New York, N Y filed wtth th‘s Ocpo'"tmcnt, showing
the condition of sold Compony or. the 3»s' Coy cl Oecemncr, 1962
Witness my hand ond official ieol the Hoy ond esoto rrbove written
c EDWip; S lANitft. Commissioner of Insuronco
Mo
Amount
So of
^otlciet
Amtvnt
51J75
255,083.884
92
49,435.881
2,572
27,336^300
U
2.871,056
2.118
12.432.011
6
11,245,591
51.829
269,993.173
103
63,552,523
42
198,310
5
24,473
635
1.613.146
17S
309,671
651
1,742,348
177
307,727
651
1,742,348
179
307,722
25
69,113
4
26,447
.,$41,671,616.01
$ 8.962,273 50
.. 1,239^73.20
69,950 00
309,256 21
586,164 09
533,727.27
16,082,996 05
294.55
25,000 00
793:00
, ,$27,810,032.97
row,
Tlnv, nii'l M'"''- Uanfly Klrocl
of Wake Forest spent tbe week
crul bore. Rev. Kltvi'.I filleJ bi.«
regular appointment at the
Rap'.ist Chinch.
Mr, ami, .Mrs. .But;!,
Jlr.t Alma Neal anrl Mrs, Rtm-
tba Gibb.s .spent last Tuo.silay in
Wii.-ih'iigton
Mr. and .Mr.s. Edward Neal
‘eave retiraicd to their home in
Chc.sapenke, Va. after visiting
.AJr-s. Neal's father, S. D. Spen
cer.
K I' It A I, DEV EhOI ‘.M ENT
HAS FAMliy NIGHT
Many fiirmeiS aiready have
pat .away ilie hoe and. iis a re-
'suit of their use of chen-.icr.l
weed contiol measure.^-, have ir.e i
cleanest field? vf their farming
careers.
Re.search work corr'iicted be-
l\»'ecn 1949 and 1959 indicate'!
con.=iflerab!e proci.se- for com'im-
ed use of herbicides and tillage
for tiie contro' f weed.-- in ei op.^
The w'ji-k appeared proini-ing e-
nnugh to jn.-tify cspan.smn t)f
the pogram. Therelorc, Xickoi.-
for Kno'v-How money was u.-e 1
to expand and increa.-^u Ihi.* pro- , evening at G.30.
gram by .suppoiting a Hwenty famiHo.s were represent-
sludent a.ssistantship at North xight” of the
Cai-olina State. ^Rur.al Developmtnt program of
The iiuTcased efforts have j^-ake Landing. N''hra=ka corn-
been most productive. Techuieai .pmniiies, at Nebiiiska reereatiofi
know-how is now available for j (tenter for a buffet suiipcr.
controlling weed.s and climinat- Orville Ballanco welcomed the
lag use of the hoe. U will also j (.jiiidncn, youths nnd adults with
reduce hy half the number of . special welcome to "Senior
cullivation.s needed. > Citizens"
-North Carolina's m.my furin-1 The group was asked to con-
ers have benefited in this ami, tinue with lhe;r cleaning' up
many other arcu.s a.s a result of mound their premises inside and
riseareh and educational work outside their homes. At the next
carried out with the money they meeting, the second .Monday
' iiiul other- farmers contributed | evening in October, the coni-
tbrough Nickehs for Know-How.'mittees will give a preview of
Thevwiil vole .again MOV 19.; what has been done since the
on whether they want to con- luogram was organized.
tinue supporting rc.searcb and
education through the self-as- Tt i.s a worthier thing to d-'-
sessmeiit of a nickel a ton for serve lionor Mian to possess n.—
feed and fertilizer purchased. | Thomas Fuller.
STATE.'^JNr
THE CENTRAL NATIONAL INSURANCE COMPANY OF OMAHA
ASSETS
1. Bonds ...S 6,.UT,I43,43
2 SioOi .. - .... «.7t3j8093
4. R«al Esial, . .. ),3li,6»72
5. Collotcrol }aa>iv .... 12.622 46
6. Cosh ond bank deposils ^ .. 1,912,708.65
8. Agenls' boloncc* or uneoilected premiums, not 1,303,281 SO
II Rcinsuronco rccovcrob(« on loss payments >... .>•, 164 720.7/
14. Inturnst, dividonds ond real estote mcomo due ond octrued 69,376-37
17 All other assets as deto“cd «n statement $ 113,455 92
Total odmitted Assets $16 109.65i> 4$
LIABIliriES. SURPLUS AND OTHER FUNDS
1 losses unpoid . —
2. loss odjostment expenses unpoid
3. Contingent commisslens ond other simitar chorges
4 0*h».’f cxocnscs enctudlng to»es licenses ond reei'
5 Toios Mcen^es ond tees excluding Fsdorol income taxes
6 Federal income taxes
10. U.nearnod premiums ,
12. Funds held by company under rolnturance trentios
13. Amoursts withheld or retolned by company for occount of ormrs
14b Reinsurance on paid losses $73,357.10 $73,337 10
14c Totol $73,357.10
15. Loss funds held or retained by company for occount
of such unouthorl/cd companies $73,357.10
18. All other liobllities, os detoiled In slotcmont ....
23. Totol rioblltles
25. Copital poid up .... ....... .. 1,000,000.00
26. Unossigned funds (surplus) .... 4,287,366.31
27. Surplus os regords policyholders
28. Totol
BUSINESS IN NORTH CAROLINA DURING 1962
Direct Premiums
STATEMENT
THE CHARTER OAK FIRE INSURANCE COMPANY
ASSETS
1 Bonds .. .. $34,174.044 01
6 Cash ond boTik deposits ... 914,374.52
8 Agents hotonces or uncollected premiums, nut . 6,239,417.36
14. Interest, dividends ond real estate ireomo due and occrued 343,780 12
Totol odmitted Assets,
liABILITIES. SURPLUS AND OTHER FUNDS
1 Losses unpaid
2 Loss odiustmet't erponses uopemi
3 Contmge-t cornndts'ons and other simi^or chorges
4 O'her expenses excluding toxes II'en*eS ond foes
5 Toei uc^nsns ond fees excluding federal incoTne to,*i>s
6. Fooerul inceme tares
10. Unearned prem'vms
1 i Dividends declored onci unpaid:
• b, Pollcyhciders
16 Excess of liobdtty ond cempersation stotutcry ond vQJu»jtory
reserves over cose basis and iossj exfc?enr*e reserves
13- AH other liobIHtIcs, os detoued In itoten*,e.nt ..
23. Totol liabilities " ' .S'S'' '
25 Copitol poid up S 2,000.000.00
26 Unossigned funds *urplusl 11,861,583.04
27 Surptus os regorcfs pallcfho'dcrs 13,861,583.04
28. Total .... $41,671,616.01
BUSINESS IN NORTH CAROLINA DURING 1962
Direct .Prem.u/tis OIrcci losses
LINE OF BUSINESS Written Incurred
1 f:rc $ M6.42)
2, ExtonduH coveage (12.41) $3,025.00
9 Inland mcniAe , ^95-03'
1. Total Si28 83) $2,930.00
President, f Oovie OeWitt So'retury Joseph Wodsworfh.
Home Office: 700 Motn $t Hartford 15, Connecticut
Attarnoy for service Edwin S looier, Commisslon^f of Inturonco, Roloigh, N. C
NORTH CAROLINA INSURANCE DEPARTMENT
Roieigh. Match 14. 1963
f. EOV/IN 5 LANIER. Cemm •ss'Oner of Insuroice do hvmby certify tnot the
tibove IS o tfuo ond correrr ub\»'ac* of the s^otement of The Chorter Ook
Invoronce Compony, of Hartford. Conn f»(ed with ih\c Oeportmont, showing
the comi*tlon of said Company on the 3H? doy of Oevcmbcr, 1962.
V/{ines5 my bond ond pfbriol seol t**© dov ond eJoto above writren
EDWIN $. LANIER. Ccinmissfoner of Insuronto'''
$ 44,162.50
STATEMENT
THE CENTURY INSURANCE COMMNY; ilOf
assets'^'
1. Bonds „ v. I - . .
2. Stocks , „ ^ ^ .
3 Mortgage loons on rcol estote
6- Cosh and bonk deposit*
8. Agents' bolonces or uncollected premiums, not . . .
lO. Bills rccelvobitt. tokcr» for premiums ....
I! Relnsuronce rccoveroble on loss payments
14 (nterest dividends ond teal estote mccine due ond occrued
17 Alt other osso*s os detailed in stotement
Total odmitted Assets:
LIABlllTIES. SURPLUS AND OTHER FUNDS
1 Losses unpaid
2 Loss odiUStment c*pense% unpotd
3, Conf.*>gc'nt lomnussionv ond other similar charges
4 Other expenses «xclu%iing toxos, licenses ond feel)
5. Foxes Imc- os ond fees lexcludlnq Fcderol Income toxes)
10 Uneomsd premum$
13. Afn:»vnts wnhheld or reiolned by compony for account of others
l4a Uneornod prentiums on reinSuronce m
unoutnortzed companies
l4b Remsufcncc on poirl losses $2,943 38 and on
unpoid tosses $93,300.90 oue from unouthorized
cumpunu^s $ 96,244 28
l'*^ Totol ... $140,406.78
15. Less fur>ds heM or retolned by compony for account of
Such unouthorized companies 4,900.43
16 Excess of Itobibty and cempentathtt statutory ond vahntary
rcjBfvos over cose bosls 6r,d loss expense reserve ...... ....
18. AM other LInbllitIcs, os detoiled Ip statement
23. Total liabilities
Stotutory Deposit , $ 500,000.00
Unossigned funds (surplus) 8,319,453.09
Surplus 01 regordi policyholders
Totol -.
BUSINESS IN NORTH CAROLINA DURINO 1862
Direct Premium*
LINE OF BUSINESS Written
Fire .. S 26.74
Extended coverage 56.76
Inlond marine .... . 81.61
Total - . _ $165.11
U. S. Monogeri Roland H, C'rryn; Home Office: 111 John St., New York
N. Y.
Attorney for service; Edwin S. lonlor. Commissioner of Insuronce, Raleigh, nJ
NORTH CAROLINA INSURANCE DEPARTMENT 1
Raleigh, Moreh 14, ll
f, COWIN S. Lanier, Conimissloner of Insurortce do hereby certify fhot I
ohovo is a true ond correct abstract of the stotement of The Century InsurJ
Company of Nevv York, N. Y. fifed v/Jth this Oeparfment, showing the condil
of st»*d Company on the Slst day of Dt-cember, 1962. "
V/imt'Si my hgnd and officiol soo) the do>* ond dote obove written.
EOWIn S. LANIER, Commlsslor^er of Insyrorsa
135,5061
22,74pl
i,6in]
S S,533,9}3]
R,Sl»,4S8l
$14,338,4131
2.243,310.32
231,535.13
243,3l>7 22
32,340 C7
139,634 37
6,703 00
7,326,319,62
73.357 10
34,957 34
422.5'3 07
$10,822,290,14
5,237 J65.31
$16,109,656,45
IIN£ Of BUSINESS
Fire
Extordud coverogn
Homeowners multiple peril
Inlond morine
Auto liability 3. I
Auto lloblllty 'P D.)
Auto phys. demoge
Totol
Written
S 932.93
603.03
103.41
277 81
593 60
185 33
99.603 12
$32,101 83
Direct losses
tnt«jrrert
433 76
24.763.41
S25.202 17
President, Clarence L londen, Jr » Secretory, Mour ce E Smith Irensurer, John
L, landcn; Home Office: 700 South 72nd St., Omoho 'A Nebrasko
Attorney for service: Edwin S. lonler, Cemmisstor*er of Insuronce, Rolnigh. N. C.
NORTH CAROLINA INSURANCE DEPARTMENT
Raieigh, Morch 13, 1963
1, EDWIN S. LANIER. Commissioner of Inswronte Hn ‘'•'•rrby cvrf«Cy ,be
obevo is o t»ue ond correct obstruct of the stotement ot The Control Noi*onol j
Insurance Compony, of Omoho. Kebrosko. filed w th % Oepaftmcn», -.howing
the condition of sold Compony on the 31st doy of December, 1962 1
Witneu irty hand and officiol sed the doy and o'ote obo.'e v.rlttcn I
EDWIN S. lANIcR, Commissioner of Insuronce *
STATEMENT
CHEROKEE INSURANCE COMPANY
ASSETS
Bonds — .c ,, ...
Stock*
Rcol Estotu
Coh ond bonk deposits .,
Aoerjts’ bolonc.n or uncaliertrd premiums, nrt
Bills rfrccfvoble, token for premiums
Reinsvroncrt recoverohio on loss payments
Interest, dividends ond rcol citote income duo and occrucrl
All other O'.svt* Qv deicilted In statement
Totol odmitted Assets:
LIABILITIES. SURPLUS AND OTHER FUNDS
locses unpotd ...
lo.s odiostmrnt expenses unpoid
O ♦ nr oac'uding toxo*. iKenser ond fees
To4et lL,tfnsAS and fees Cx'ludlnq Fedctol Income toxes
Uneoined piemiutn*
Funds held by compony under reinsurance Irootres . - —
Amuunis wihhe!iJ or retoined by compoi>y for account of others ,
Total l-ab!!iei
Spodnl su'plus funds: $ 150.000.00
Coc.toi poid up 2,000,000.00
Unosstgned funds ^surplui) .... 4,133,459 17
Surolus as regards poUcyholderi
Totol
BUSINESS IN NORTH CAROLINA DURING 1962
Direct Prcniiums
LINE OF BUSINESS V/ritten
Fire $148,252.71
Extended eovc»ogo 41,476.39
Other ollied line* 82S 32
Homeowners mvlllplc port! 58,487 04
Commeremi mulitpio peril .... 5,152.3ft
Inlond n»Oftne .. , 9.739 47
Liobl/Ity other than "oufo 'B. 1} - 597 12
LiobllJty other than outer (P. D ) .. Ill 45
Auto phys. domoge .. 36,112 54
Gloss 372 41
But glory and theft 303 51
Tntnl ... $301,433 35
SFAIIMEN?
NEW ENOIAND MUTUAL ilFC INSURANCR COMPANY
ASSETS
Sor:ds „ .. ,.. .. . , .
Struck*
Mortgage Loons on Reo! Estate .. , ...... .
Reel Estote .... - . ,
Policy Loons
Cn&li ond bonk deposits - ... . .... .r,.^„
All other ossets 'as detoiled In onnuol stotement)
Totol Assets
LIABILITIES, SURPLUS AND OTHER FUNDS
Aggregote reserve for l.^e policies and contracts
52,)') 5,514.97 Aggrogot© reserve for occ.dent ond heolth eontratts
5,734,065.90 Supplemenlory controcts without life contingencies •••.
93.527.03 Life ,
266,345.50 Actident ond health ....
512,141 93 Policyholders' dividend accumulations
258.19 j Poll'^yholder's dividends doc and unpoid . ,.c
66,790 ' Pfovlsion for policyholder's dividends payable the following
27 144 66 I calendar yeor ..
S 20,679 77 i ond annuity consideration received In advance
58,634,468.44 I Cnmminion to ogents duo or occrued
I Cer.erot expense due or occrued
$ 266,314.00 licenses ond fee* due or occrued
24,232 001 Remittances ond Items not oHocoted
07 ; All rk*K«r CmKiUEIas. an. ,
39,63? 87 * AN olher tlobiNlioa ,oa detoilod in onnuol aloIcntR.nti
$l,19S.4S4,9a
22*.60S:3M
69S,96t,l4
77,7ir9fl
i4i.567ia
1S.I63,»
60,2I4.6a
.$2,4t(,S63,34|
$1,7SS,144.&i|
2.6S4,9
i5*,03e,m
11,700. W
1.074,3
11S.697.il
... . 46.301 ,M
3.730.II
• 530.M
. . 1,393,M
H).777,a
3,M1,ll
53.5'6 84 I .
2,123,544.50
30,224-90
3 544 16
$2,546,009,27
6,233,459 17
$8,334,468.44
Direct losses
Incurred
$ 73,z62 54
6.220.13
22 03
Sperlal Surplus funds
Unossigned Surplus
Totol Liabilities (except Capitol)
Totol
$18,475,300.00
$188,588,784.74
92,981,81
$2,234,7BiJ|
J
T83.8B4jil
$2,418,585 J|
BUSINESS IN TNI STAI8 OP NORTH CAROLINA OURINO 1988 ^
ORDINARY CROUP ^1
No. of
No Amount Policies
13,120
57 929 7ft 1 6.
E37 50,7
25,476.3x
31.906.43
51500
$196,170.25
Prcs1der»t, Oovld K. Wilson; Sotrefot'v, John M Ice. Jr ; Treosurcr, John M.
Jf^ Home pfficci' 4108 HUfsooro Rood, Noih«2l|e- 12, Tennessee^
Aitorney for service- Edwin S. lot ter. Commissioner of Insurance, Rulolgh, N C*
NORTH CAROLINA INSURANCE OrPART77.ENr
Raleigh, Morch 14, 1963
1, EDWIN S Lanier Commlciloeer of lesyronte lo hereby certify thot the
obovc IS o true ond o»r«l oosrrael ot ♦he s'otement of the Cht-rokeo •nsuronce j ahov* is a true ond correct obstrort of the stotement of the New EnqlonH
Company of Noihvi’Ie Teen filed w»>h rhit D'^oorrmont showing the concJition life Insuronce Compony of Boston Moss filed with this Deportment, 
' '' * the condition of sa»d Compony on the 31sf doy of December, 1962
Witness my hand ond official seol the doy and dote above written.
EDWIN I, LANIER, CMtimlMlorser of Ini
Lee,
of sold Cempony on the 31st doy of December, 1962
Witness my hor.d ond officiol s*ol the dov «nd dote oho*-* written
EDWts 5. LANIER, Commissioner of Insuionce
3.
POLICY EXHIBIT
In force Occ. 31 ef previous year
Issued during yeor
Coosed to be
In fo'co during yeor (Net)
In force Dec. 31 of eiirr*?nt yeor ,
LOSSES AND CLAIMS
Unpoid Occ 31, p.-’cvious year
irveurred during current year
Settled during current year;
o By poyment In full ....
Unpotd Dec. 31, current year
(5 plus 6 minus 7d)
1.248
13,320
8
163
158
158
13
Amount
102,194,941
14,455,682
10,194,148
106,456.475
17.002
094,762
879,954
•79,954
21
7
5
23
iFl
Amol
IIJM
3^
T, _
T2,lf|
'H
31.810
Premium lnccmo--Ordinary. $3,107,664.68; Group, $66,317 98: Total, $3,t78Jl
Conslrfe'otlon for onnultles. $114,511 22, A.&H From. $120.804 04, losses S108M
President. O. KcUey Anderson, Secretary, Philip C. Roye; Treasurer, W{|||||h
Kugler; Actuory, Ernest 1. Moorhead, Home Office: 501 Boylstren Rd., B«
Muss.
Attorney for service: Edwin S. Lonler, Commissioner of Insurance. R«te1a
NORTH CAROLINA IMSURAFKI DEPARTMENT
Raleigh, April 1
EDWIN S. LANIER, Commissioner of Insurance do hereby certify