Decatur Daily Democrat, Volume 35, Number 198, Decatur, Adams County, 21 August 1937 — Page 4

PAGE FOUR

DAILY DEMOCRAT DECATUR Published Every Evening Except Sunday by THE DECATUR DEMOCRAT CO. Entered at the Deeatnr, Ind., Post Office as Second Class Matter J. H. Heller—President A. H. Holtliouae, Sec y. & Bus. Mgr. Disk D. HellerVice-President Subscription Rates: Binfile copies 1 -02 One week, by carrier .10 One year, by carrier 5.00 One month, by mail .35 Three months, by mail 100 Stx months, by mail I's One year, by mail — 3.00 One year, at office— 3.00 Prices quoted are within a radius of 100 miles. Elsewhere $3.50 one year. Advertising Rates made known on Application. National Adver. Representative SCHEERER & CO. ,5 Lexington Avenue, New York 35 East Wacker Drive, Chieego Charter Member of The Indiana League of Home Dailies. There ought to be some way to simplify tax paying. The greatest objection from the average business man is the multiplicity of reports and returns. Perhaps you are not interested in buying overcoats, furnaces. “fuel and other cool weather articles just now but it is wise to remember that this ninety-in-the-shade brand is usually of short duration. An earthquake added to the bombs and machine gun attacks should make any Americans hang I Ing back in the Shanghai territory. I welcome any means of escape that Uncle Sam can furnish. The Bluffton city tax rate has been fixed at seventy-five cents as compared to the forty cent rate here. However that’s a nice improvement for it is a reduction of 21 cents over this years rate. If the weather man doesn't cool us off a little the next week, the editors and their friends who gather at French Lick next week end. will be too hot to eat or talk, two important parts of any gathering of this kind. The G. O. P. press is again trying to prove that every thing has gone to the bow wows, yet they have to admit that business is good, every thing is going forward, we are at peace and the people have about what they want. It really gets funny. The city of Bluffton has granted the Northern Indiana Public Service Company a franchise for natural gas to take the place of the one granting right to sell artificial gas, but leave the rites to the public service commission, which is probably the law in Indiana and consequently the proper course. « With James Roosevelt, Mrs. Franklin D. Roosevelt and James •A. Farley on the program at the .Young Democrats of America meeting yesterday, the young men and , women were hoarse but happy as they rolled in last night. It has * been one of the greatest sessions ■* of the organization and the powerful body is to be reckoned with -as time goes on. " It is to be hoped that every pre- " caution possible is taken to prevent this nation becoming involved in the far East war and if Senator J. Ham Lewis says, we should 'be careful about signing any a‘greement with England or France CHANGE OF ADDRESS MB Subscribers are requested to give old and new address when ordering paper changed from one address to another. For example: If you change your address from Decatur R. R. 1 to Decatur R. R. 2, instruct u» to change the paper from route one to route two. _ . _

regarding our Interests there, then 1 for goodness sake, let's not sign, j That we feel sure Is the feeling of every American. The graduates of the Reppert ; Auction School received their diplomas last evening, listened to ► * the address by Col. Gartin and to I the rest of an interesting program and then rapidly set sail for ports > where they can put into commer-1 I cial use the many lessons learned ' during their visit to Decatur. They i i were a likely bunch of feller’s and i we expect to hear good reports 1 from them as they climb the lad I der of success. Read those notices to taxpayers now appearing in this paper from day to day. Learn how much mon ey is to be raised and what it is to be spent for. Then If you think less funds will do the job, you 1 have your day in court and your ■ right to be heard. Don’t wait un- j til the rates have been definitely: ' fixed and then yell. The purpose of publishing these budgets and notices is to give you the information ' in time to object if you so desire. The various taxing units are completing their budgets this week [ and on these the tentative tax rates will be fixed to be definitely adopted after the tax board passes on these reports and such objec- j tions as may be offered. Every official is doing’ his best to make the rate as low as possible and at the same time meet demands for higher expenses of various sort. That s , a tough job and most of the boys I have worn out all their lead pen- ; j ells trying to do it. Several southern papers, never very enthusiastic for President 1 Roosevelt are trying to start a re- 1 1 volt that will cause him trouble ‘ during the rest of his administra- ’ tion, but they cannot get far. Os ! course the chief executive does not get all he asks from congress but he is still a great leader, fight--1 ing for the people and they will support him. He will go on for three years in his battle to make ’ life more pleasant for the ninety ' per cent of his people who have ’ been overlooked in the big schemes of the big “wigs" of politics and government. Governor Graves of Alabama believes in keeping the good things in his family, so when the appoint- ' ment of Senator Black as associate justice of the supreme court, was announced he quickly named his beautiful wife, Dixie Bibb Graves to succeed him until an election | L can be held next April. Mrs. Graves was sworn in yesterday and is on the job. There are rumors she will be candidate but her husband I says nix on that. She is said to be a politician in her own right and comes from a family of them, her grandfather being the first govern-, or of the state. While there is much to be said | in favor of pensions to certain i ’ „ I classes, it does seem that Congressman Moore has gone rather j far in his bill to provide $5,000 a year for each congressman who 3 has served twenty years. The ma3 i jority of people, we predict, will feel that if the representative can * not manage to save a nest egg out of the $200,000 he draws during that twenty years he ought to get himself a job and try to get along with the rest of us. The sooner we forget a lot of silly maneuvering to get something for nothing, the [ better it is going to be. — The arrest of a half dozen or , more young men here during the past week or ten days for driving automobiles while under the influence of liquor, should be a tip to all others so inclined that the officials are in earnest in their campaign to stop this. There can be no defense to any one getting behind a steering wheel-while "under the influence.” It is dapgerous for him, for other passengers in his car, for any one else driving or walking on the highway and must not be tolerated. Those w-ho drive

*r' DECATUR DAILY DEMOCRAT SATURDAY, AUGUST 21, 193/,

', 9 “The merry-go-round broke down” ~ I flßw JW s-ts - Featun-# S>ikbcMf. Uh odd ngho rorrved >•-’

cars should do their drinking at other times, if their thirst can be quenched in no other manner. Answers To Test Questions I Below are the answers to the Test Questions printed on Page Two ♦ ♦ 1. “Henry the Fifth.” 2. Mexico. 3. London, Eng. 4. American artist. 5. Sweet. 6. Any agent used to induce vomiting. 7. Second base. | 8. “E.” 9. Dewlap. 10. Cinchona. o •* Modern Etiquette By ROBERTA LEE ♦ ♦ Q. Would it be proper for a maid, when answering the phone, to say, Mrs. Brown’s residence”? A. It would be better for the maid

TOWNSHt P FORM NOTICE TO TAXPAYERS OF TAX LEVIES In the matter of determining the tax rates for certain purposes by Washington Township, Adams County, Indiana. Before the Township Advisory Board Notice is hereby given the taxpayers of Washington Township, Adams County, Indiana, that the proper legal officers of said municipality, at their regular meeting place, on the 7th day of September. 1937, will consider the following budget: TOWNSHIP Bl DGET CLASSIFICATION TOWNSHIP FIND i Miscellaneous 235.00 School Furniture and EqulpSalary of Trustee $1,000.00 Total Township Fund $2,100.00 ment except School Busses 200.00 Office Rent 100.00- Tl ITION FIND School Supplies, other Clerk Hire 15n.n0 | Pay of Teachers $3,M0.00 than Janitor’s Supplies . 150.n0 ! Trustee’s Traveling Expense 200.00 : School Transfers 4.000.00 Janitor Supplies 100 00 Expense Telephone Tolls Total Tuition Fund $7,840.00 Fuel f or Schools 500 o 0 and Telegrams 50.00 | School Transfers 1.000 00 .1. P. Salarj and Supplies . 50.00. SPECIAL SCHOOL FIND Janitor Servi e 550 00 I Office Supplies. Printing & J Repair of Buildings and Transportation of Children 2 000 00 | Advertising 2 »n.on care of Grounds 500.00 1 Light and Power ’75 00 'Pay of Advisory Hoard 15.00 | Repair of Equipment, ex- Miscellaneous 125 00 i Examination of Records. . 50.00 cept School Busses 200.00 ' Total Special School Fund j estimate of finds to be rnined Funds Required For Exnenwr* Sprcinl Tuition Nugunt 1. present year, to December 31. of Fund Sch. Fund Fund ensuing year 11. Total Budget Estimate for Incoming Year $2,100.00 $5,400.00 $7 840 00 2. Necessary Expenditures to be made from Appropriations Unexpended July 31. of present — 843.00 2,655.00 1,930.00 3. Additional Appropriations to be made August 1. to December 31. of present year 200.00 350.00 4. Outstanding Temporary Loans to be paid before December 31. of present year, not included in Lines 2 or 3 Total Funds Required (Add Lines 1. 2. 3 and 4) 3.143.00 7,405.00 9,770.00 Funds On Hand And To Be Received From Source?* Other Than The Proponed Rate Os Tax Levy 6. Actual Balance, July 31. present year 1,214.00 2,171 00 5,865.00 7. Taxes to be Collected, present year (December Settlement) ... 1,668.00 2,444.00 2.360.00 8. Miscellaneous Revenue, other than from Tax Levy, to be received from August 1 nf present year to December 31, of ensuing year. (See schedule in Trustee’s Office) (a) Special Taxes (See Schedules) 3.800.00 (b) All Other Revenue (See Schedules) 9. Total Funds (Add Lines 6. 7. 8a and 8b) 2.882.00 4.615.00 12,016.00 10. Net Amount to be raised for expenses to December 31, of ensuing year 261.00 2,790.00 2.346.00 I 11. Operating Balance (Not in excess of Expense January 1. to June 30. 1/ess Miscellaneous Revenue for same Period) 1,157.00 2.503.n0 6,060.00 12. Amount to be raised by Tax Levy ... 1.418.00 5.293.00 3,814.00 PROPOSED LEVIES Net Valuation of Taxable Property — School Twp. $2,218,306.00 — Civil Twp. $6,500,532.00 Levy On Amount To Fl NDS Properly Be Ruined .Township •— I .03 $ 1,950.59 Special School ... .25 5,545.76 Tuition • 18 3,992.95 Library . t 03 663.12 Total -49 12,152.42 COMPARATIVE STATEMENT OF TAXES COLLECTED AND TO BE COLLECTED To Br CoDrctetf Col leered Collected Collected F . IMW IMS 1037 I»3S Townshin e > 1.627.00 $ 1.240.00 $ 3,145.00 $ 1.950.59 SneHa School 3.10M0 4,*50.M 4.592 on 5,545.75 TnHnn 4.000.00 5,577.00 5.020.00 3,991.95 t lhrarv 139.00 129 90 437.00 863.12 Pnnr . IE 80* 00 lIOOSOO l’C«4 Total • **.«m.h 30,101.00 *0,840.00 . 12.152.42 Taxpayers appearing shall have a right to be heard thereon After the tax levies have been determined, and presented to the County Auditor not later than two days prior to the second Monday In September, and the lew fixed by the County Tax Adjustment Board, or on their failure so to do. by the County Auditor, ten or more taxpayers feeling themselves aggrieved by such levies, may appeal to the State Board of Tax Commiasienere for further and final hearing thereon by filing a petition with the County Auditor not. later than October 15. and the Stat/Board will fix a date tor bearinr in this County. Dated August 20. 1937. JOHN M. DOAN. Trustee Washington Township. AUGUST 21—28 ' ’ . . . I

t-i merely say, “Hello,” and wait for the other person to ask identification. Q. Should a man stop a girl on the-street to talk with her? A. Only to speak a word or two. If he wishes to talk for a few minutes. he should turn and walk with her in the direct*?n she ie going. Q. Should cream be served with demi-tasse? A. No. 0 * Household Scrapbook | By Roberta Lee < « Rugs If the rug is inclined to turn up at 1 the corner, sew a dress weight flat : on the underneath side. Linseed oil can be bleached by ; mixing the oil with five per cent of peroxide of hydrogen in a glass vessel and shaking it from time to time. A few days will be required to bleach the oil, which can be poured off. Greasy Fans When a roasting pan is hard to i wash because of the grease in it, pour a few drops of amonia into the

pan. Allow it to stand for a few minutes and half the cleaning will be done. o * TWENTY YE ARS AGO TODAY From the Dally Democrat File | ♦ ♦; August 21. 1917. — Allies launch; their greatest offensive on a 455-, mile front at Verdun. Percy G. Williams buys picture studio at Goshen. Rainbow division is now mobiliz- ; ing at Camp Mills, Hempstead, N. J' A farmer lady treats Co. A boys ■ to plenty of fried chicken. Gay. Zwick & Myers move to new , quarters in Weber block. S, E. Hite buys half interest in his old store from M. E. Andrews. Decatur city tax rate for 1918 will be $1.68. o Rib Broken in Embrace Fremont, O.—(U.R) —A young husband. returning from his honeymoon, greeted his wife’s aunt with such an enthusiastic hug that she . suffered a broken rib.

* PREBLE NEWS 1 Mrs. Hattie Wright and Mrs. Eth- i el Tullus of Uren, Ohio, were the guests of Mr. and Mrs. Douglas El- 1 iey Thursday evening. Mrs. John Kirchner and daughters Irene, Lorine, Erma. Mrs. June Shackley and sen Darrell spent Sat-u-dav even'ng at Huntington visiting Mr. and Mrs. George Kohr and daughter Mabie. Little Bobby Sullivan of Mishawaka is visiting with his uncle and aunt. Mr. and Mrs. Charles Sullivan and daughter Peggy, for several I weeks. Miss Iverna Werling of Indianai polls spent the week-end with her • parents. Mr. and Mrs. Albert W erlI ing. Mr. and Mrs. Adolph Koldewey and daughters of Goelein visited with Mrs. Minnie Linnemeier and Mr. and Mrs. Herman Linnemeier, I Sunday. Mrs. Cora White, Bob White and , Miss Eleanore Reppert of Decatur visited with Mr. and Mrs. Douglas Elzey, Sunday. Mr. and Mrs. Chester Lott and children of Ossian spent Sunday evening with Mr. and Mrs. Charles Sullivan and daughter Peggy. Dr. and Mrs. J. C. Grandstaff, Mr. and Mrs. Milton Hoffman and family and Mr. and Mrs. Leßoy Cable and family attended the MartinLlmmenstoll Reunion. Sunday. Mr. and Mrs. Otto Dilling and family are enjoying a two week va- ' cation. 1 Statement of Condition of the THE NORTHWESTERN MI TI XL I.IFF. IN»I RANCE COMPANY Milwaukee. Wisconsin <2O East Wisconsin Ave. On the 31st Day of December, 19'6 M J. CLEARY. President G. L. ANDERSON, Secretary Amount of Capital paid up • 8 Mutual GROSS ASSETS OF COMPANY Cash on hand and in nine banks of deposit 8 10,890,099.06 Bonds: (Amortized I Value)I U. S. A. Gov’t. SeeuriI tries 1105,928,549.79 I Federal Farm Mtg. Corp. bonds fully guaranteed by U.S.A. Government 42.051.803.-< I Total U. S. A. Government Obligations — direct or fully guaranteed 1118,010,352 97 I State, County and Municipal < U.S.A.) 152,534.088.66' Government, Provincial and Municipal (Canada) . 39,111.893.60: Railroad 141,784,468.83 Public Utility 53,098,290.92 I Industrial 1,400.000.60' TOTAL ' 535,939,094.98 First Mortgages on Real Estate (including $6,482,727.02 in | foreclosure subject I to redemption); Farm loans $ 91,557,130.18 City loans 211,511,876.77! TOTAL 303,069,006.85 I Real Estate: Farm properties (lower of appraised or I cost value) 28,146,427.72 j | City properties (lower of appraised or cost value) .. 8,560,839.74 Home Office property.... 5,111,113.97 'Land Contracts on properties sold 5,088,331.76 TOTAL 46,906,713.19 1 Advanced under policy loan agreements 184,149,961.80 Automatic and other premium loans 15,390,313.28 J Interest and rents due and accrued I 18,432,277.26’ Less: Non-admitted mortgage loan interest 2,129,729.07’ TOTAL 16,302,548.19 Premiums due and in process of collection and semi-annual and quarterly premiums not yet due within current policy year, I for which full statuI ory liability has been set up 17,147,065.58| Miscellaneous Assets . 58,892.99 Total Admitted Assets $1,129,853,696 02' •Securities not subject to amorti•zation are included at values determ-I i ined by the Committee on Valua-' tions of the National Association of I InsuraiM-e Commissioners. LIABILITIES j Legal reserve or sinking fund required by law under insurance contracts, as verified by the Insurance Department of the State of Wisconsin . $862,922,517.00 Present value of periodical payments not yet due under installment settlement of death claims, endowments, etc 125,189,126.00 Reserve for annuities and special contracts 40,774,567.00 Set aside from mortal- , : ity, expense savings I and surplus interest, for annual dividends payable on policy anniversaries in 1937 30,600,000.00 Dividends and interest 1 thereon left with Company 4,183,969.10 i Dividends in course of ) payment & deferred 1,587,214.84 Reserve for estimated > taxes payable in 1337 2,969,083.33 ! Unpaid bills, commissions, medical fees, •t® 880,298.44 i Advance remittances, ) suspense items, etc... 1,275,042.30 Death losses & endowments; incurred hut unreported; proofs 5 I incomplete; claims in course of payments; , L etc , 5,013,156.69 , I Reserve for contingencies — auch as asset I depreciation, mortality fluctuations, etc. » — or “Unassigned J Funds (Surplus)’’ 54,458,802.37 9 Capital Stock (purely 6 Mutual) ._ None 2 Total Liabilities $1,129,853,696.02 STATE OF INDIANA, I Office of Insurance Commissioner 'I I. the undersigned. Insurance Commlssiener of Indiana, hereby certity 9 that the above is a correct copy of 6 j the Statement of the Condition of ? the above mentioned Company on 2 the 31st day of December, *1936. as shown by the original statement and - that the said original statement is I now on file in this office. d I In Testimony Whereof, I hereunto n subscribe my name and affix niv offi- . cial seal this 9th day of Julv, 1937 n (Seal) GEO. H NEW BAUER Inwrance •If Mutual Company so state Aug. 1»—

Beet Trained SuceeMfully I Moscow.- (U.R> - A been started at the Moscow S«|e»-. tide Research Institute to teach ( bees to teed on only one kind dower and thin improve the quai ; ity and quantity of their honey. By nlaclng a quantity of the desired ] flower in the immediate vicinity ot she h ves the bees are soon .ecu.. 1 £med to the -mell of that flower and will feed on no other. - — I Speed Trap Backflrea Chicopee. ' Kupiec dug a foot deep trench , acroas the road in front of hl | house to l’ r ‘“ vent -.^" t ” rl i, t ’ a few speeding, but he filled it In a fe minutes later when the mobile to pass over it was wrecl ed. It was his son a. •“l« *,n\! r4n< p. catiMM Cincinnati, Ohio 3.5 West Fourth »t. °" H h *HOW ARD Amount of Capital < < I .000.00 “Sndss ASSETS OF COMPANY Real E»‘» te 1 nln ‘| Jl.tll.MOif cumbered - Real Estate .old under |4J |J Contract Mortgage Loans on Real Estate (Free eumbrance) Pr %'^BV;v.Yu.? Wn ’ Ca»h in Bankß (OnInteJe’t) . • «.®W 27 ’ 37 A< t C X d t ARlnt I .',* e't ">‘ 9.353,955.80 Other Securities , „ Policy 1-o.na Premium Notes 3,833,320.5 S Premiums & Accounts due and in process ot collection ... 5,3.3,939.95 Accounts otherwise secured 371,41 s Total Gross Asset. 3343,310,901.48 ' D mi U tted As ” , ‘ ! ' Nt “ A< *’» 175,086.13 Net Assets 3343,035,519.35 LIABILITIES Reserve or amount necessary to reinsure outstanding risks »-«*.<**•?*“ J* Loa.ee due and unpaid lk,t»9.ei Losses adjusted and not due 1.126,514.30 Losses unadjusted and In suspense - 3*l,a«i— Bills and Accounts unpaid . None Amount due and not due banks or other creditors Other Liabilities of the Company — 4»,124,74Q.3j Total Liabilities 9332.075.588.76 ■ Total - 9343,035,516.36 STATE Ob’ INDIANA. Office of Insurance Commissioner 1 I the undersigned. Insurance Commissioner of Indiana, hereby certify that the above is a <orrect copy of the Statement of the Condition ot the above mentioned Company on the 31st day of December, 1936, as shown by the original statement and that the said original statament i» now on file in thia office. In Testimony Whereof. I hereunto j I subscribe my name and affix my offi-1 < ial seal, this 9th day of July. 193. I (Seal) GEO. H. NEWBAUER. Insurance Commissioner. I •if Mutual Company so state. Aug. 19—21 o Statement of Condition of the THE I’HI IIHNTIAI, INSIR4NCE COMPANY OF AMERICA Newark. New- Jersey 755-769 Broad Street On the 31st Day of December, 1936 i EDWARD D. DUFFIELD. President: ! WILLIAM W. VAN NALTS, Secretary I Amount of Capital paid i up • 92,000,060.00: 1 GROSS ASSETS OF COMPANY i Real Estate Unincumbered 3 269,826,564.41 I Mortgage Loans on 1 Real Estate (Free from any prior incumbrance) »03,919,142.97 Bonds, Stocks, etc., Owned (Bonds have been valued on the amortization Basis) 1,720,500,691.75 Cash on hand, in : transit &in Banks (On interest and Not on Interest) .... 189,201,937.58 I Due & Accrued Securities (Interest and Rents. Etc.) 48,325,252.35 (Other Securities Loans made to policyholders 287,042,997.06 I Premiums due and In I process of collect ;! tion 79,713,837.88 Accounts otherwise secured None I Premium Notes 23,170,001 30 Other Assets 2,316,041.02 Total Gross Assets $3,424,216,466.22 Deduct Assets Not Admitted 3 59,442,782 73 ' Net Assets 33,367,773,683.49 LIABILITIES Reserve or amount necessary to reinsure outstanding risks 33,046,853,973.00 • Lessee due & unpaid None Losses adjusted and • not due None Losses unadjusted & in suspense 28,415,684.59 Dividends declared but not yet due payable in 1937 56,168,852.00 > Bills A Accounts un- , . P aid . 3,593,899.34 1 Apportioned to the credit of def. div. pols. payable after 1 . 1W 13,633,000.00 Amount due and not I due banks er other creditors None Other Liabilities oj 1 the Company 143,113,323.19 5 ... To ! al labilities 83,291.137.602.13 ’ C, P t»l ♦ 2.000.666.00 Surplus 8 74,846,081.37 Tot »l ...83,347,773,683.49 5 STATE OF INDIANA. ~ ~ Office ot insurance Commissioner 1. the undersigned, Insurance Comrnissioner of Indiana, hereby certify ;< at J. . above ls a correct espy of the btaternent ot the Condition ot 7 ,?. bove . mentioned Company on the 3tst day of December, 1936, as e th , e criginal statement and - that the said original statement is - now on tile in this office L n ' r !“ t lmony Whereof, I hereunto subscribe my name and affix mv official seal, this 9th day of July 1937 - (Seal) ge’o. H. NEWBAUER fi tie Mut« l .i"’n rance r r/Jk Mutual Company so state. — 1 i Company now being mutalized A2 on^'C 0 ' Capl, “ Haid-up 83.000 00*. s 00 98.54 per centum of wnlch is uwn--1 ed by the policyholders. 8 » ? 1.9(0.783.90 par value of capital stock ot the Company pundiaaed nur ° ‘ t the P r ? v * B i o, i» P of Chapter 99 ' I year l9l L ?'^‘vrf' J | New { erse Y f°r the -| Comply.““ P ° l!ey h6l &- a • Aug. 19—21

Statoment of Condition of PAt IFK MUTUAL I.IFeH HAN< E < OMPAXY HIL' Loa Angelca, California 623 Want Sixth Street I On the 31st Day of A. N. KEMP. President ■il< RI'SHELL HARRIMAN, 6- , Amount of Capital paid UP ROSS ASSETS OF Real Estate Unlneumb•rad Mortgage Loan* on real 7*”" estate (Free from any K prior Incumbrance) Bonds and Stocks Own- W* ed (Book Value) 57,31} Cash in Banks and In office (On Interest and Not on Interest) . ll.in; Accrued Securities (Intsrsst * Rente, etc.)., 2.692 Mees Other Securities Collateral Loans X. 222 Premium Notes & Poll- ** cy Loans Premiums and Accounts bßw due and In process o 2 collection .... .. 3,795 Accounts otherwise ae. 'Wg cured B>4 Gross Assets — Vorpoi - wE* ate Accounts 3.509 I Gross Assets — Ace. & W™ Health Dept 28,702, Total Gross Assets B.' Deduct Assets Not AdOlltted 8 1.834,*)} Net Assets LIABILITIES Reserve or amount ne- ff I ■ essary to reinsure outstanding risks 8143,849 Losses due and unpaid I Losses adjusted and ” I not due Losses unadjusted and EH I In suspense 195 Bills and Account* un- I paid or accrued Amount due and not I due banks or other Er; I creditors Other Liabilities of the I Company (Including E-) I liabilities of Acc. a K Health Dept. & Cor- Sk porate Accounts) Total Liabilities 1 '.6 Capital I Surplus (Part. Dept. Br I Exclusively) 8 977,3 M« (Corporate — cover- pFi ing all Depts.) 8 Total .. 8-'-’i. The assets of each DepartmenEr. 1 held for the benefit of its pol„ era and creditors as fully as were a separate insuram e Assets representing the the company, together with . hMK I surplus items, are separately b.Mln a Corporate Account and are awl. table for the security and ot all policyholders of the Pacific Mutual Life Oompany was organized on aul®3, 1936, for the purpose of a< • ing the rehabilitation ot the iiess and affairs of The tual Life Insurance Company "f KlIfornla. Conveyance of the the old lompany to Pacific Life Insurance Company was firmed and approved by an - the Superior Court of Cali foEk.i dated December 4, 1936, whi. not yet become final. In States other than California. ership ' following the appointment Conservator of the old company ■■ some assets still remain in the session of or the such Receivers pending ot same. Surplus arising in the clpating Life and Accident &- Departments are available for general corporate purposes of Company, as are ten per cent profits (before policy ; reinsured Participating Life ' ness of the old The Pacific 61 ' Life Insurance Company of The remaining profits of the I tlcipating I.ife Department. | Ing all profits on Participating cies Issued by Pacific UiH 1 I.ife Insurance Company, are for the policyholders and ( I ot that department ax fully as were a mutual insurance > ! STATE OF INDIANA, W, i Uffii e of Insurance Commis-i 1, the undersigned, Insuran e mixsioner of Indiana, hereby that the above is a correct I the combined statements of the : ditlon ot the above mentioned pany on the 31st day of 1936, ae shown by the original ments now on file with this In Testimony Whereof. I subscribe my name and affix my cial seal this 9th day of July. 19SB& (Seal) GEO. H. Insurance Commissions Aug. o Statement of Condition of THE PENN MUTUAL I.IFEB INSI RANCE COMPANY Philadelphia. Pennsylvania S. E. Cor. 6th & Walnut Street I On the 31st Day of December, I WILLIAM 11. KINGSLEY, Pr.-si/M SYDNEY A SMITH. SecretarjM Amount of Capital paid ; I up • 8 ’ GROSS ASSETS OF CO.MPANIM ' Real Estate Unincum- M bered . .. $ Mortgage Loans on M , I Real Estate (Free from any prior in- H cuntbranee) . ’ I Bonds & Stocks Own- : ed (Amortized Mark- lai ’ et Value) 33-',637.t«0 II Cash in Banks & Co's. Ba offi-e ton Interest n . and Not on Interest) Accrued Securities m (Interest & Rents, „ Etc.) 7,99i,54M Other Securities B , Loans on Policies .... Collateral Loans 364.761 M Premiums & Accounts g , due and in process of ■ collection 11,630,9-’fl } Accounts otherwise secured Si j Bills Receivable, etc 7 : Total Gross Assets 8637,779,60* , Deduct Assets Not Ad- ’ mitted $ So.i.oitß Net Assets 8838.875,9438 LIABILITIES Reserve or amount ne- E 1 cdssary te reinsure a outstanlag risks ......$556,981,2'48 Losses due and unpaid 17.636 R „ Losses ajusted and not I ’ due 1,669.6t?E j 1 Losses unadjusted and S 9 in suspense 112.8338 - Bills and Accounts unll paid 65,541> s Amount due and net due banka pr other S creditors / N’M Other Inabilities of the n Company 78,029,211. J Total Liabilities 8836.87jTiuil J Surplus No® I Total s STATE OF INDIANA, Office of Insurance Commissioner ■ I I. the undersigned, Insurance CoR •ntxsioner nf Indiana, hereby cert;B , 1 that the above Is a correct copy 1 ;■ the Statement of the Condition f “.the above mentioned Company 4 j the 31st day of December. 1936. 1 shown by the original statement J'| that the said owSliiii statement ! now on file in this office. , In Textimony Whereof. I hereutj subscribe my name and affix my n "| / cial seal, this Sth dav of July, 193il ' (Seal) GEO. H. NEWBAUF.I „ Insurance Commission* 1 If M-jtggl Company so state ei Aug 19— jTrgfig i n 4 tiood Town — Decati