'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. Ehrlichman,
 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 companies
 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., Snohomish
 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 furshare,
 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"