Full text : Thomson's manual of Pacific Northwest finance

THOMSON'S MANUAI

DISBURSEMENTS-Total
 Losses Paid cooimiiaiae
Underwriting and Gen. EXD
TOTAL DISBURSEMENTS ieee eee
Excess Income over Disbursements. .....cooomceeeconceacass

416,986
516,402
933,388
37.300

$ 92,881
230,736
$ 323,517
201.620

COMPARATIVE STATEMENT, As of Dec. 31

ASSETS—
MOTLEAEE LUOAIMS oon eee enone
Bohds -.....- mmemeanaenn
STOCKS coecmemmemrenns = eee eee ieee emnemmmeeanaeeeeeseaeneaaannan
Cash conminnmmnmsen eeemeeaemnemmmemmmemeseemia  emceseaseemsmesssescasesesiocsooos
Premiums DUE eeceeiciiommeemamrmeeaee cess cmce nam anas ans amass aa nana snenes
Accrued Interest DUe€..eeoecoiicmaniiicaann eee eee
CHETIET A BBOLE «ore vomummnn ssn 6555508 554 RR SH HE om 8 A

LIABILITIES—
ReSerVe TOT JUOSSeS. tm iiiiiiireeaere imran aeneeiaees
Unearned Premiums .............- eeeeamneemmamnaen—annae
Accounts Payable oo cies ea
Reserve for Taxes......... REE ESS a me ms SATE
REINSUTANCE  eomeemmmnncocomsemmcnammnnsssmmesstmemamnnmnsnrrnnenanas
Reserve fOr LOSSES ii cnn
Capital STOCK reenter
TOTAL LIABILITIES ieee

1929
11,900
834,726
145,822
126,018
156,424
13.176

1 288.066

42,971
490,602
5,030
111,500
19,117
14,384
300,000
300.000
21.288.066

1928

$ 465,376
116,840
39,894
87,644
8,424
3.034
ee 791.112

$ 40,986
211,319
3,003
5,504
2,187
58,113
200,000
200,000
2 791112

WASHINGTON FIRE & MARINE INSURANCE COMPANY

HOME OFFICE: Securities Bldg., Seattle, Wash.
CONTROL: By Washington Insurance Securities Corp., Seattle, Wash.
HISTORY: Incorporated under laws of Washington Oct. 1, 1929.
BUSINESS: Company writes fire and automobile insurance.
OFFICERS: Stuart G. Thompson, Pres.; I. W. Elwell, Vice Pres.; Ralph Hall,
Vice Pres.: John E. Burkheimer, Secy.; George E. Morford. Treas.; W. C. Carlson.
Asst. Secy.-Treas., all of Seattle, Wash.
DIRECTORS: Chas. F. Clise, Pres. Securities Mtg. Co.; T. A. Davies, Pres. T. A.
Davies & Son, Inc.; E. W. Campbell, Pres. 01d Colony Inv. Co.; Jno. E. Burkheimer,
 Burkheimer & Burkheimer, Attorneys; Geo. BE. Morford, Pres. F. W. Keen
Co.; Cassius E. Gates, Bogle, Bogle & Gates; Henry W. Beecher, Mgr. C. C. Moore
& Co., Engineers, Inc, all of Seattle; Wm. P. Hopping, Vice Pres. Tacoma Sav. &
Loan Assn.; S. L. Savidge, Pres. S. L. Savidge, Inc., Seattle; P. G. Johnson, Pres.
Boeing Airplane Co., Seattle; Walter H. Draham, Vice Pres. Olympia Nat. Bank;
A. G. Pringle, Vice Pres. The Seattle Co.; Stuart G. Thompson, Pres.: J. W. Elwell,
 Vice Pres., all of Seattle, ‘Wash.
GENERAL COUNSEL: Bogle, Bogle & Gates, Seattle, Wash.
GENERAL AUDITORS: Smith Robertson & Co, Seattle, Wash.
Fiscal Year Ends: Dec. 31. Annual Meeting: 2nd Tues. in March.
CAPITALIZATION, As of June 1, 1930
Par Value Authorized Outstanding
COMMON STOCK eeoeeeeeeeneeaeaenecnoeennesneee 9100 $300.000 $300.000
NOTE: All Common sold at $200 per Seattle, Wash. .
share. Stockholders: All stock but direc-Transfer
 Agent: Pacific National tors’ qualifying shares held by Wash-Sank.
 . ington Insurance Securities Coro.
Pevistrar: Seattle Trust Co

FINANCIAL STATEMENT, As of Dec. 31. 1929

ASSETS
“ash in Banks. ccomeeeeecceeeeeeee. $32,862
Mortgage LOANS .eocciimennnens 9,700
Stocks and Bonds. ....ceeecaeeeeeee 502,062
Premiums Due oie 1,70¢&
Accrued Interest .oocooiiiiiiiieees 4.562
TOTAT., ASSETS oo... %550.895

_TABIT.ITIES
[Losses Unadjusted een d 129
Unearned Prems. eames 10,135
Dther Reserves co.  occeemececccmonees 764
Capital Stock ...  -ececcecceececeeane 300,000
Net Surplus ..... eeeeeanio2 239.865
TOTAT., T.JABILITIES .o.....$539.865
            
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