Nappanee Advance-News, Volume 82, Number 2, Nappanee, Elkhart County, 24 July 1958 — Page 6

PAGE 2B

NAPPANEE ADVANCE-NEWS

STATEMENT OF CONDITION of the GENERAL REINSURANCE CORPORATION. New York, New York, 400" Park Aura ue. On the 31st -day of December, 1957. James A. Cathcart. Jr., President Hector Kottgen, Secretary Amount of Caoital paid up . ..$ 6,600,000.00 ASSETS OF COMPANY Bonds (Schediue D) 76,493,466.18 Stocks (Schedule D) $ 37,986,306.26 Mortgage Loans on Real Estate (Schedule B) $ 0 Real Estate owned S 0 Collateral loans (Schedule C) .. S 0 Cash and Bank Deposits S 6,261,414.58 Agents’ balances or uncollected premiums $ 3,328,711.96 Other assets .$ 2,630,082.93 Total Assets $ 126,699,981.91 LIABILITIES, SURPLUS AND OTHER FUNDS Reserve for Losses $ 39,885,265.00 Reserve for Loss Adjustment Expenses $ 3,103,179.00 Reserve for Unearned Premiums $ 30.321.016 00 Reserve for Taxes ......... $ 882,741.07

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CONGRATULATIONS to the Nappanee Jaycees ITS FAIR TIME AGAIN! If you can’t be there every evening, keep tuned to WjPI Bib for direct broadcasts from our mobile unit every evening, Monday thru Friday. “Radio on the yo !" at 1270

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AH other Liabilities S 1 1,732,179.63 Total Liabilities $ 85.924,380.70 Special Surplus Fundi, $ *0 Capital Paidup or Statutory Deposit $ 6.600.000.00 Unassigned Funds (Surplus) $34,175,601.21 Surplus as regards Policyholders . $ 40,775.601.21 Total $ 126,699,981 91 STATE OF INDIANA Office of Insurance Commissioner I, the undersigned, Insurance Commissioner of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentiored Company on the 31st dav of December, 1957; as shown by the original statement and that the said original statement is now on file in this office. IN TESTIMONY' WHEREOF, I hereunto subscribe my name and affix my official seal, this dav of June 10. 1958. (SEAL) Alden C. Palmer Insurance Commissioner Publish July 17, 24, 1958 READ THE CLASSIFIED ADS

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JERRY GANSHORN TAKES BALL STATE ENTRY TEST Jerry L. Ganshom, son of Mr. 1 and Mrs. Elbert Ganshorn, 202 i John, visited Ball State teachers i college at Muncie, recently to j take placement tests for entry. ! While in high school, he was a member of Hi-Y, manager of the basketball team and business manager of the school annual. America—not Russia—got Germany's best rocket scientists after , World War Two, reveals Wemher | von Braun in the story of his life. ; Read about America’s top missile expert in The American Weekly with Sunday’s Chicago American. (Adv.) STATEMENT OF CONDITION Os the GENERAL INSURANCE COMPANY OF AMERICA. 4347 Brooklyn Avenue, Seattle 5, Washington. On the 31st day of December, 1957. W. L. Campbell, President A. D. Merritt, Secretary | .Amount of Capital paid up .. .$ 2,000,000.00 ASSETS OF COMPANY Bonds (Schedule D) . . . $ 86.764,398 Stocks (Schedule D) $ 60.720,142 Mortgage Loans on Real Estate (Schedule B> .$ 1,637,197 Real Estate owned $ 4.935,809 Collateral loans (Schedule C) . . . .$ 0 Cash and Bank Deposits .....$ 8.582,689 Agents’ balances or uncollected premiums .. .$ 11,941,222 Other assets . $ 1,276.690 Total Assets $ 175.558.147 LIABILITIES, SURPLUS AND OTHER FUNDS Reserve for Losses $ 30,861,180 Reserve for Loss Adjustment Expenses S 4.150,800 Reserve for Unearned Premiums $ 68,829,253 Reserve for Taxes ... .% 2,311,886 All other Liabilities ~$ 6,998,637 Total Liabilities $ 113,151,756 Special Surplus Funds $ ts Capital Paidup or Statutory Deposit $ 2,000,000 Unassigned Funds (Surplus) $60,706,391 Surplus as regards Policyholders .$ 62,706.394 Total $ 175,858,147 STATE OF INDIANA Office of insurance Commissioner 1, the undersigned. Insurance Commissioner of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition j of the above mentioned Company on the 31st I day of December, 1957; as shown by the j original statement and that the said original statement is now on fife in this office. I IN TESTIMONY WHEREOF, I hereunto j subscribe my name and affix ray official seal, this day of June 10. 1958. (SEAL) Alden C. Palmer Insurance Commissioner Publish Julv 17. 24, 1958

< IrJiA .

Here is a delightfully different blueberry pie made literally in minutes. Fresh blueberries are folded into the frothy lemon filling which is prepared by combining whipped lemon-flavored gelatin and whipped cream. Top generously with whipped cream and a garnish of blueberries. Blueberry Bavarian Pie 1 package lemon-flavored gelatin % cup cold water Vi teaspoon salt V 2 cup whipping cream 1 cup hot unsweetened pineapple l l /2 cups fresh blueberries juice 1 baked 9-inch pie shell Dissolve gelatin and salt in hot pineappjjs juice. Add cold water. Chill until slightly thickened. Meanwhile, whip cream. Then beat gelatin until fluffy and thick. Fold in blueberries and whipped cream. Spoon into baked pie shell; chill until firm, about two hours. Garnish with sweetened whipped cream and sprinkle with additional blueberries, if de fired.

Guest Editorial

FEDERAL SEIZURE OF HIS TWO TRACTORS PUTS IND. FARMER OUT OF BUSINESS The U. S. Government hauled away two farm tractors from the Ethan Stangland farm, R. R. 2, Albion, Thursday afternoon to satisfy penalties for overplanting wheat. The tractors were Stangland’s only means of doing his farm work, he stated, and were taken at what he describes as his busiest season of the year. “It just puts me out of business,” Stangland said, adding that he has corn and beans that must be cultivated and hay to make. Stangland was assessed a fine of $394.24 because of exceeding his wheat quota in 1954. Costs and interest have boosted the amount due to $489.09. None of the wheat ever was sold on the market. One of the tractors taken , a Case Model DC, is used for the majority of Stangland’s farm work. The other, an old Case Model RC. is used mainly for cultivating crops. Deputy U. S. Marshall Robert J- Curtin, jr„ who served the attachment, would not comment on why both tractors were taken when the newer model is worth several times the amount due on the judgement. Stangland now has about 135 acres of his 176-acre farm under cultivation. When Deputy Curtin left to arrange transportation for the removal of the tractors, an armed guard was left on duty. A crowd of between 20 and 25 farmers collected at the farm but did not interfere in any way with the deputies. Previously Stangland’s bank account was attached by the U. S. Marshal’s office, acting on a judgment issued by the District U. S. Court of Northern Indiana. Stangland requested but was denied a trial by jury- The fines against Stangland and another Noble-coun-ty farmer. Max Munk, were levied in Fort Wayne District Court by judge Luther Swygert on a motion for a summary judgement by the government prosecutor. Judge Swygert’s decision was upheld in April. 1957, when the defenders appealed to she U. S. Appellate Court. Munk’s bank account was attached on May 13 for the full amount due. approximately $317. Stangland. who is president of Independent Farmers of Indiana, has never accepted any benefits or loans on his wheat. He questions the constitutionality of the Agricultural Act of 1938 under which the crop controls are set. He also questions -their effectiveness in controlling production. He believes free markets would be a better solution to crop .surpluses. But in his fight against government controls he states that he is primarily interested in freedom of choice and the right to run his own affairs. “I have an obligation to protect freedom handed to me by my ancestors,” he states, “and I don’t intend to ignore that obligation.” (Fort Wayne News-Sentinel) Mr. and Mrs. Alvin E. Miller, Inez and Velma, were guests Sunday of Mr. and Mrs. Mose Mast at Millersburg/ Anna Miller spent Sunday with Janet Schrock at Goshen.

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GETS GOOD CONDUCT MEDAL Army Specialist 3/c Noel B. Brindle, R 2, Milford, recently was awarded the Good Conduct medal in Germany w hile serving with the 12th Ordnance Battalion. He is the son of Mr. and Mrs. Noel Brindle. Specialist Brindle. a clerk in the battalion’s Headquarters Detachment, received the decoration for his exemplary behavior, efficiency and fidelity. The 22-year-old soldier entered the Army in June 1955 and was stationed at Foil Gordon, Ga., before arriving in Europe in November 1955. George Bock family of Butler were Sunday guests of their parents, Mr. and Mrs. J. C. Bock and Carl. Mrs. Paul Cripe and Mi's. Ethel Young, Bremen, were-, there in the evening. STATEMENT OF CONDITION Os Ihc GRANITE STATE FIRE INSURANCE COMPANY, Manchester, New Hampshire, 1750 Elm Street. On the 31st day of December, 1957. F. P. Turner, Jr.. Vice President Carl P. Barton, Secretary Amount of Capital paid up $ 1,250.000 ASSETS OF COMPANY Bonds (Schedule D) .. $ 2,536,823 Stocks (Schedule D) $ 2,625,814 Mortgage Loans on Real Estate (Schedule B) $ 0 Real Estate owned ....$ 0 Collateral loans (Schedule C) $ 0 Cash and Bank Deposits $ 675.952 Agents’ balances or uncollected premiums ...$ 0 Other assets .$ 18,587 Total Assets .$ 5,857,176 LIABILITIES. SURPLUS AND OTHER FUNDS Reserve for losses $ 0 Reserve for Loss Adjustment Expenses $ 0 Reserve for Taxes 0 All other Liabilities $ 72.172 Total Liabilities S 72.172 Special Surplus Funds $ 0 Capital Paidup or Statutory Deposit $ 1,250,000 Unassigned Funds (Surplus) $ 4.535,004 Surplus as regards Policyholders $ 5,785,004 Total $ 5,857,176 STATE OF INDIANA Office of Insurance Commissioner I. the undersigned. Insurance Commissioner of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentioned Company on the 31st day of December, 1957: as shown by the original statement and that the said original statement is now on file in this office. IN TESTIMONY WHEREOF, 1 hereunto subscribe mv name and affix my official seal, this day of June 10, 1958. (SEAL) Alden C. Palmer Insurance Commissioner Publish July 17. 24, 1958 STATEMENT OF CONDITION Os the GERMANTOWN, FIRE INSURANCE COMPANY, Philadelphia? Pennsylvania, Germantown Market Square. On the 31st day of December, 1957. Arthur O. Rosenlund, President „ Warren R. Humphreys, Secretary Amount of Capital paid up ....$1,076,520.00 ASSETS OF COMPANY Bonds (Schedule D) $ 2,543,365.00 Stocks (Schedule D) $3,917,144.00 Mortgage Loans on Real Estate (Schedule B) $ 0 Real Estate owned $ 524.951.00 Collateral loans (Schedule C) ..$ 50.000.00 Cash and Bank Deposits $ 466,393.00 Agents’ balances or uncollected premiums $ 126.648.00 Other assets $ 73,459.00 Total Assets $ 7,701,960.00 LIABILITIES* SURPLUS AND OTHER FUNDS Reserve for Losses $ 36,975.00 Reserve for Loss Adjustment Expenses $ 1,500.00 Reserve for Unearned Premiums $ 1,468,230.00 Reserve for Taxes ' $ 92,171.00 All other Liabilities $ 237,757.00 Total Liabilities $ 1,836,633.00 Special Surplus Funds $ 0 Capital Paidup or Statutory Deposit $1,076,520.00 Unassigned Funds (Surplus) $4,788,807.00 Surplus as regards Policyholders $ 5,865,327.00 Total $ 7,701,960.00 STATE OF INDIANA Office of Insurance Commissioner I, the undersigned, Insurance Commissioner of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentioned Company on the 3'lst day of December, 1957; as shown by the original statement and that the said original statement is now on file in this office. IN TESTIMONY WHEREOF, I hereunto subscribe my name and affix my official seal, this day of June 10, 1958. (SEAL) Alden C. Palmer Insurance Commissioner Publish July 17, 24, 1958

STATEMENT OF CONDITION Os the GOODVILLE MUTUAL CASUALTY COMPANY, Goodville* Pennsylvania. On the 31st day of December, 1957. George G. Sauder, President Wayne S. Martin, Secretary Amount of Capital paid up $ 0 ASSETS OF COMPANY Bonds (Schedule D) $490,244 Stocks (Schedule D) $ 0 Mortgage Loans on Real Estate (Schedule B) $315,772 Real Estate owned ..$ 77,381 Collateral loans (Schedule C) . .$ 0 . Cash and Bank Deposits . $ 28,867 Agents’ balances or uncollected premiums $ 12,104 Other assets $ 8,955 Total Assets $ 933,323 LIABILITIES. SURPLUS AND OTHER FUNDS Reserve for Losses . . .. $ 176,317 Reserve for Loss Adjustment Expenses $ 17.632 Reserve for Unearned Premiums ....$ 240,369 Reserve for Taxes $ 8,200 All other Liabilities $ 40.589 Total Liabilities .. . . $ 483,107 Special Surplus Funds $ 0 Capital Paidup or Statutory Deposit $ 0 Unassigned Funds (Surplus) $450,216 Surplus as regards Policyholders $ 450,216 Total $ 933,323 STATE OF INDIANA Office of Insurance Commissioner I, the undersigned. Insurance Commissioner <sf Indiana, hereby certify that the above Is a correct copy of the Statement of the Condition of the above mentioned Company on the 31st day of December, 1957; as shown by the original statement and that the said original statement is now on file in this office. IN TESTIMONY WHEREOF, I hereunto subscribe my name and affix my official seal, this day of June 10, 1958. (SEAL) Alden C. Palmer Insurance Commissioner Publish July 17, 24, 1958 STATEMENT OF CONDITION Os the GENERAL INSURANCE CORPORATION, Fort Worth, Texas, 2209 South Main Street. On the 31st day of December, 1957. Karl F. Vasen, Exec. Vice President Cecil C. Ramick, Secretary Amount of Capital paid up .. . .$ 1,000,000.00 ASSETS OF COMPANY Bonds (Schedule D) $2,627,612 Stocks (Schedule D) $ 1,624,580 Mortgage Loans on Real Estate (Schedule B) .$ 55,243 Real Estate owned $ 0 Collateral loans (Schedule C) $ 21,500 Cash und Bank Deposits 478,677 Agents’ balances or uncollected premiums $ 461,951

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Other assets $ 734,261 Total Assets $6,003,824 LIABILITIES* SURPLUS i AND OTHER FUNDS Reserve for Losses $ 1,130,608 Reserve for Loss Adjustment Expenses $ 242.452 Reserve for Unearned Premiums ..$ 2,473,178 Reserve for Taxes ....$ 77,104 All other Liabilities ....$ 76,558 Total Liabilities $ 3,999,900 Special Surplus Funds $ 3,924 Capital Paidup or Statutory Deposit $ 1.000.000 Unassigned Funds (Surplus) $ 1,000.000 Surplus as regards Policyholders $ 2,003,924 Total $6,003,824 STATE OF INDIANA Office of Insurance Commissioner I, the undersigned, Insurance Commissioner of Indiana, hereby certify that the above is a correct copy of the Statement of the Condition of the above mentioned Company on the 31st day of December, 1957; as shown by the original statement and that the said original statement is now on file in this office. IN TESTIMONY WHEREOF, I hereunto subscribe my name and affix my official seal, this day of June l(i 1958. (SEAL) Alden C. Palmer Insurance Commissioner Publish July 17, 24, 1958 STATEMENT OF CONDITION Os the GREAT AMERICAN INDEMNITY COMPANY, New York, New York, 99 John Street. On the 31st day of December, 1957. L. C. Knapp, Vice President A. A. Rice, Secretary Amount of Capital paid up $ 2,000,000 ASSETS OF COMPANY Bonds (Schedule D) $27,930,189

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11111

Stocks (Schedule D) $ 31,390,3^H Mortgage Loans on Real Estate (Schedule B) .. .• $ 0 ® Real Estate owned $ 0 ® Collateral loans (Schedule C) ....$ 0 ® Cash and Bank Deposits $ 3.612,03® Agents' balances or uncollected m premiums $ 710,69® Other assets $ 9,701,62® Total Assets $73,344,91® LIABILITIES, SURPLUS V AND OTHER FUNDS I Reserve for Losses $ 29,949,8661 Reserve for Loss Adjustment 1 Expenses ...$ 2.460,533 " Reserve for Taxes . $ 1,262.400 ( All other Liabilities’ $ 925,056 1 Total Liabilities $55,272,172 Special Surplus Funds $ 1,187,801 Capital Paidup or Statutory Deposit $ 2.000,000 Unassigned Funds (Surplus) $14,884,940 Surplus as regards Policyholders $ 18,072.741 i Total $ 73,344,9131 STATE OF INDIANA I Office of Insurance Commissioner I. the undersigned, Insurance Commissioner! of Indiana, hereby certify that the above is a 1 correct copy of the Statement of the Condition J of the above mentioned Company on the 31st I day of December. 1957; as shown by the ■ original statement and that the said original statement is now on file in this office. IN TESTIMONY WHEREOF, I hereunto subscribe my name and aFfix my.official seal, vs day of June 10, 1938. (SEAL) Alden C. Palmer Insurance Commissioner Publish July 17. 24, 1958 81/Y U.S. SAVINGS BONDS

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