Full text: Thomson's manual of Pacific Northwest finance

NSURANCE COMPAYT 
COMPARATIVE BALANCE SHEET, As of Dec. 31 
1929 1928 
21 203,667 
20,751 
© R27 
at 
ASSETS 
Bonds .... 
Cash et een 
Agents’ Balances ..... 
A. & H. Dept. ...._. ee emmetceene imeem emmemenemeans 
Accrued Interest 
Premiums Due ..... ee . 
192. 
87,17 
30 
2h 
GROSS ASSETS ......... 
Deduct Non-Admitted Assets... 
TOTAL ADMITTED ASSETS... 
LIABILITIES 
Reserve for Life Losses....... 
Accident & Health Reserve... 
Unsettled Claims ......oooooeee oiieein © eon. 
Coupons Accrued & Other Liabilities... 
Reserve for Taxes ... 
Capital ..........._. 
Surnlus ... 
( 
04 
00 
oC 
TOTAL LIABILITIES ........ 
$250.0 
NATIONAL UNION LIFE INSURANC 
HOME OFFICE: 315 Symons, Bldg. Spokane. 
HISTORY: Incorporated under laws of Washington, Apr. 18, 1928. Commenced 
business Nov. 2, 1928. Original shares were sold for $150, of which $50 was ap- 
plied to surplus. There was no promotion expense. 
KIND OF BUSINESS: Company writes non-participating, old line life insurance. 
IFERRITORY: Washington. 
OFFICERS: G. I. Toevs, Pres.; H. H. Herbert, Vice Pres.; J. W. Burgan, Vice 
Pres.; F. E. Dunton, Secy.; O. R. Wagner, Treas.; A. T. R. Cunningham, Med. Di- 
rector; C. E. Wagner, Asst. Secy.; R. H. Horne, Sup. of Agents. 
DIRECTORS: Dr. T. M. Ahlquist, H. M. Blakeley, J. W. Burgan, Arthur W. Da- 
vis, Roy R. Gill, H. H. Herbert, W. P. Hopkins, R. Insinger, Maurice Lindholm, 
T. F. McCollough, Geo. A. Phillips, R. J. Stevens, W. H. Thompson, G. I. Toevs, 
S. P. Weaver 
CAPITALIZATION, As of Dec. 31, 1929 
Par Valuc Authorized Outstanding 
$100 $250.000 100.000 
OREGON MUTUAL LIFE INSURANCE COMPANY 
Capital Stock ....... 
HOME OFFICE: Alder at Eleventh Street, Portland, Ore. 
GENERAL AGENCIES: Portland, Salem, and Marshfield, Ore.; Seattle, Spokane, 
Tacoma and Yakima, Wash.: Oakland. San Francisco, Los Angeles and San Diego. 
Calif. 
HISTORY: Incorporated under laws of Oregon, Feb. 24, 1906. Started business 
on April 12, 1906, under the name Oregon Life Insurance Company. In 1929, after 
the law permitting mutual life insurance companies to operate in Oregon was 
passed, company was mutualized with the approval of both stock and policy 
holders. Prior to retirement in 1929, company had outstanding $100,000, of $1,000 
par stock, on which dividends were limited to 7% per annum. Charter provided 
that majority of policyholders or company could purchase this stock at par and 
continue as mutual company. 
KIND OF INSURANCE: Has both participating and non-participating policles 
on the books, but all policies written as non-participating are, since mutualiza- 
tion, eligible for dividends. 
TERRITORY: California, Idaho, Oregon and Washington. 
DFFICERS: C. F. Adams, Pres.; Adolphe Wolfe, Vice Pres.; Louis G. Clarke, Vice 
Pres.; Wm. Pollman, Vice Pres.; W. C. Schuppel, Exec. Vice Pres.; W. P. Stal- 
naker, Sec.; Edward H. Geary, Treas.; Raymond R. Brown, Actuary and Asst. 
Sec.; A. J. Giery, M. D., Med. Director; Arch. J. Tourtellotte, Auditor. 
DIRECTORS: CC. F. Adams, Adolphe Wolfe, Louis G. Clarke, Wm. Pollman, W. 
P. Olds, Jefferson Myers, A. H. Devers, H. L. Corbett, Jos. T. Peters, J. H. Booth, 
ZC. C. Colt, John A. Zehntbauer, James B. Kerr, T. A. Davies, Edward H. Geary 
E. C. Sammons, Nathan Strauss, W. C. Schuppel. 
GENERAL COUNSEL: Teal, Wintree, McCulloch & Shul - 
COMPARATIVE GROWTH 
Year No. Policies 
1906 ceeeeeee 285 
1910 .......... een : 
1915 lL eres 
L920 eee 
L925 eee. 
99 
ns. in Force 
624,000 
1,270,605 
J,093,456 
14,508,106 
:0,329,634 
5.201.706 
ncome 
28,491 
169,872 
45,362 
85,683 
575,657 
427 RON 
Legal 
leserve 
3,160 
70,864 
'5,418 
0,993 
»..5,776 
CTOhH 449 
Admitted 
Assets 
104,997 
298,290 
988,049 
2,633,377 
6,112,938 
9 501169
	        
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