Thomson's manual of Pacific Northwest finance

Bibliographic data

Monograph

Identifikator:: 1838857176

URN:: urn:nbn:de:zbw-retromon-229226

Document type:: Monograph

Title:: Thomson's manual of Pacific Northwest finance

Place of publication:: Seattle

Publisher:: Thomson's Statistical Service

Year of publication:: 1930

Scope:: XXX, 487 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Section III. Insurance companies

Collection:: Economics Books

'NSURANCE COMPANTT: UNITED PACIFIC FIRE INSURANCE COMPANY HOME OFFICE: Exchange Bldg. Seattle, Wash. BRANCH OFFICES: Tacoma and Spokane, Wash.; Portland, Ore. CONTROL: United National Co., Seattle, Wash., owns all but directors qualifying shares. HISTORY: Incorporated under laws of Washington Oct. 7, 1929. Company was launched without promotion expense, and is a running mate to the United Pacific Casualty Insurance Co. KIND OF INSURANCE: Company writes fire, earthquake, inland marine, hail, rain, tornado, sprinkler leakage, explosion and riot insurance. TERRITORY: Company licensed in Washington, Oregon and Idaho. DFFICERS: R. M. Drumheller, Chairman; J. W. Reynolds, Pres.; B. B. Ehrlich- man, Vice Pres.; Frederick A. Wing, Vice Pres.; J. E. Nestor, Treas.: W. H. Tuesley, Asst. Treas.; Charles T. Hutson, Secy.; George H. Boldt, Asst. Secv. DIRECTORS: Ben B. Ehrlichman, J. W. Reynolds, R. I. Ehrlichman, Charles T Hutson, R. M. Drumheller. Fiscal Year Ends: Dec. 31. Annal Meeting: Last Monday in January. CAPITALIZATION, As of Dee. 31, 1929 Par Value Authorized Outstanding eee 8100 £100,000 $400,000 STATEMENT, As of March 31, 1930 1LIABILITIES— Sundry Accts. Payable..................y 5.532 Jommission Accrued 2,938 Contingent Reserve ...................... 189.645 Capital Stock ... eteeenerrnanneeeae 400,000 surplus . cree. 400000 CAPITAL STOCK ... ASSETS— Cash on Hand and in Banks......§ Premium Accounts Receivable [‘'nited General Agency.. Bonds ..... Stocks... [ncrease Mkt. V-lue Accrued Interest _... TOTAL ee RNR 115 WASHINGTON TITLE INSURANCE COMPANY HOME OFFICE: 114 Columbia St., Seattle, Wash. HISTORY: Incorporated under laws of Washington, April 26, 1911. Operates ander state insurance code. BUSINESS: Company. issues policies of title insurance, handles real estate escrows, provides tax registration service and, through subsidiary companies. issues abstracts of title. SUBSIDIARY COMPANIES: Company maintains the following subsidiary com- panies as living corporations to provide for agencies in accordance with the Insurance Code of the State of Washington: Chelan County Abstract Co., Clallam County Abstract Co., Longview Title Co., Osborne, Tremper & Co., Inc. Seattle Title Co., Skagit County Abstract Co., Sno- homish County Abstract Co., Wenatchee Abstract Co., Whatcom County Abstract Co., Whitman Abstract Co., and Yakima Abstract & Title Co., all in State of Washington. OFFICERS: Worrall Wilson, Pres.; L. 8S. Booth, Vice-Pres. and Treas.: E .C. Oggel, Vice-Pres.; H. 3. Tremper, Vice-Pres.; C. K. Poe, Vice-Pres.: Charlton L. Hall, Sec.-Mgr. DIRECTORS: I. 8S. Booth, Charlton L. Hall, Paul C. Harper, Earle R. Jenner, E. C. Oggel, Reginald H. Parsons, C. K. Poe, E. L. Skeel, H. S. Tremper, Worrall Wilson. Fiscal Year Ends: December 31. Annual Meeting: Second Tuesday in Januarv Number of Employees: 167. PIM ALIZATION, Dec. 31, 1929 Par Value Authorized Outstanding 1. 6% Class “A” Stock........ eeeeeeeee $100 7,500 Shs. 7.500 Shs. 2, Common Stock ......... eens eee. $100 6.000 Shs. 6.000 Shs. NOTE: In 1926 Company issued a 209% stock dividend pavable in common stock increasing capital to $600,000. In 1929 capital increased from $600,000 to $1,350,000 and “Class A Participating Stock” in the sum of $750,000 authorized. $600,000 of this was issued to common stockholders as a 100% stock dividend. Remaining $150,000 of the “Class A” stock was sold for cash at par. and proceeds used to acqguire subsidiarv companies TOTAL .... QR 1 D 1. CLASS “A” PARTICIPATING STOCK. Provisions: Holders entitled to pref- in additional dividends. erence as to dividends in amount of 69% In case of dissolution, Class “A” per annum. After common stockholders Stock is entitled to preference as to have received a like amount, two assets to extent of $110 per share. classes participate equally, share for After common stockholders in the fur- share, in any additional dividends until ther distribution of assets receive $100 total dividend paid to holders of Class per share, remaining assets to be dis- “A” stock equals 109%, after which the tributed ratably, share for share, to “lass “A” stock no longer participates hath classes of stock until Clase YA"

Access restriction

Copyright

fullscreen: Thomson's manual of Pacific Northwest finance

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation