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