[Documents Relating to Occidental Life Insurance Company's Assumption of Perry Sayles' Life Insurance Policy] Page: 6 of 23
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OCCIDENTAL
LIFE
LOS ANGELES,
FINANCIAL STATEMENTINSURANCE COMPANY
CALIFORNIA
JANUARY 1, 1936ASSETS
Cash . . . . . . . . . .
United States Government
Securities . . . . . . .
State, Province, County, Municipal
and other Bonds . . . . .
Mortgage Loans on Real Estate,
First Liens . . . . . . .
Balance Due on Properties Sold
Under Contract . . . . .
Loans on Policies . . . . .
Preferred and Common Stocks
(at Market Value) . . . .
Western Mutual Fund . . . .
Liens on Reinsured Policies . .
Premiums Deferred and in Course
of Collection . . . . . .
Interest Due and Accrued . . .
Other Admitted Assets . . .TOTAL ASSETS . .
$ 1,004,742.22
458,858.55
5,625,039.06
4,970,825.80
4,095,671.45
2,942,780.43
2,754,066.54
2,184,776.51
1,287,568.46
969,484.68
359,546.68
13,376.03
$26,666,736.41LIA BILITIES
Reserves on Life Policies
Required by Law . . . . . $
Reserves on Accident Policies
Required by Law.. . . . .
Premiums and Interest Paid in
Advance . . . . . . . .
Federal, State and Other Taxes
Accrued . . . . . . . .
Western Mutual Fund .
All Other Liabilities . . . .
Contingency Reserve for
Investment Fluctuations . . .TOTAL LIABILITIES...... . .
Capital . . . . $1,000,000.00
Surplus Assigned 646,205.04
Surplus Unassigned 1,340,504.65
Surplus as Regards Policyholders .20,812,566.89
73,468.45
495,848.22
138,691.02
1,694,675.54
92,776.60
372,000.00$2 3,680,026.72
2,986,709.69
$26,666,736.41. . .
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Giannini, L. M.; Murphy, Ray & Giles, Robin J. [Documents Relating to Occidental Life Insurance Company's Assumption of Perry Sayles' Life Insurance Policy], text, August 22, 1936; (https://texashistory.unt.edu/ark:/67531/metapth1156703/m1/6/?q=%22~1~1~1%22~1: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Hardin-Simmons University Library.