The Orange Leader (Orange, Tex.), Vol. 27, No. 26, Ed. 1 Wednesday, January 31, 1940 Page: 4 of 4
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■MM
^WEDNESDAY, JANUARY 31, 3-940
* ___I-•
Gains Shown By {
Statement Of
Insurance Company
'm$#sr
wearing a 1<
curled, and a I
‘over
!*TwwboJ.hlt
Rhett Butler,
all the thing*
lught him, and
WAKE UP YOUR
I LIVER BILE-
1,375,738.84
114,940.00
i 664,775.64
60,137.78
13,413,942.51
tun • • • • i • • • • • i • i i
Reinsurance Premium* Paid in Advance ■ • •1
Interest on Investments Accrued But Not Yet Due
Unpaid Mortgage Interest , , , . « » *>.
Loans Against Cash .Value of Eolicie* ■ f • »?•
$61,200,299.53 $67,189,220.43
LIABILITIES
$52,129,249.08 $57,804499.47
1,103,352.09 1,090,664.20
357,123.57 454,156.76
$53,589,724.74 $59,349,220.43
4,000400.00 4,000,000.00
3,610474.79 .344040040
$61400499.53 _ $67,189420.43
'
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• el \ ■ v •:••• . * n: y.-' « :
■
MS'::
<ir
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'
J. E. PATTI LO
With a jcaln of *18,151,115 for the
year, Southwestern Life Insurance
Company now has a total of *380,-
7(8.441 Insurance In force, accord-
ing to C. F. O'Donnell, President.
Announcement of the continued
progress of the Texas Institution Is
'contained In the Company's 37th an-
nual financial statement which has
juat been received here hy J. E.
Pattlllo, local repreeentatlvo of
Houthwestern Life.
Numerous! items in the annual
statement' reflect the strength of
Southwestern Life.
Assets are 1*7,189,210.4*. repre-
senting tut Increase of **.#f*,»2o.M) -
for the ye»r. This is the largest I
gulp In the Company's history. J
The - Company continued tie envt- !
able record of never having had a de- '
fault of either Interest or prlttciital
on any bond owned by It.
In releasing the annual staffement,
Mr. O’Dpnnell -catted attention to
completion during the year of a new
Insurance sendee commensurate with
growth of the Company. This new
development involves plans for ait
extensive agency program, launched
In full swing cm January J.
"tn order to be In position to ren-
der the highest degree of efficient
service to the public.” Mr. O’Donnell
said In commenting on the program,
“the Company's purpose In such a
plan Is to develop thoroughly train-
ed agents of the highest type, qunll-
fled In every way to offer a truly
professional service."
The annual statement stresses the
double function of the dollars In
vested In life Insurance hy at once
building secured protection and
playing a significant role in the eco-
nomic progress of Texas. The re-
port Indicates that with the excep-
tion of funds Invested In United
States bonds, practically nil In
vestments of Houthwestern Life are
In Texas bonds and real estate loans
It Is pointed out tn this connection
that Southwestern Life Investments
In honds for municipal enterprises,
public utilities, street paving, sew-
erage systems, or for county and
State Improvements, create pay rolls
for wage earners, and advancement
of economic conditions generally |
within the State.
An Indication of the service
Southwestern Life has performed Is
shown hy the sum the Court tuny has
paid out since, reorganisation in
thcnJewel
hi* best
career
scribes it) _
out-yell anything in
and how he got tn«t
to make himself
tops of Oklahoma
• e »
TIE COULD have
I* when the “/<
ly embarrassed, d
Butte, Montana, an
night it was when
freight for
must have
partment atolfe
Gable peraonalil
selling neckties
Gable. And of "
Lari more (also
ganiaed _
and Gable
appearance in
—as a Negro cook
Goober who becamt
lice in a thing called
men Rule.” It was
in originality only
‘‘The Villain Still
Billy Gable (as he
then) played the baby,
—but only as an off-r
cry.
NOW OPEN FOB BUSINESS
Provost Bros
TEXAS AW NINO CO.
402 Eleventh Phone 47
Aatomoblle Upholstering
Seat Covers . . Tone
AUTO CLASS INSTALLED
MIRRORS RK8ILVKRKD
Estimates three
1903 to policy owners and benefi-
ciaries. Such payment* total $65,-
892,000.24.
Pit BRIO, Colo. (AP) — An ns.
trich-plumed hat Mrs. Incx B. Brown,
milliner, sold for *25 In 1918 has
bobbed up this time with a price
tag of 25 cents In a second hand
store. | . ••!,!•(
She Identified It as a
of 1918 vintage. <W
NOtlCH
Notice Is hereby given that the
Comity of Orange Will purchase a 1-2
Ton Track for Precinct No. 2. Bids
win be received at the office of the
Coonty Clerk nhtll 10 o’clock A. M„
PWbmery IM, I»40, at which time
they will be opened. The County re
serves the tight to reject any and
all bids. EH. W A. Ounning,
"creagon' County CWh. Grange County, Texas.
JJJJJJjJjJL ... ...........
Sonthwestern Lift Gains Again
Measure the Company's Increase In
Financial Strength Daring 1939 by Comparttf
the Two Colnmns of Figures Below
Statement of Condition /
ASSETS im-n-rf
_ 1938 1939
U. S. Government Bond* . . . . . . I $12,369,768.05 $10,756492.93
Texas State, County and Municipal Bondi ... 14,296,401.34 14468479.00
PuMic Utility and Corporation Bond* ..... 2,711,302.32
First Mortgage Loans on Texa* Real Estate . . . 12,820,349.85
Home Office Building .......... 1,475,000.00 1
Other Real Estate ..assesses. 1,498,290.95
Stock*........... 399,652.25
3,480,366.30
18,048,00849
1,450,000.00
1,496,777.52
576.928.00
1,657403.53
128.962.00
683,310.76
103,909.88
14,238,782.22
More than TSW,9&0 Text* CUbeNi Xhm W360, 768,441 Life Insurance in the
Compmy»f%n increase of }18jl51t115 During 1939.
S 0 0 T LW E S 1'A R I LIFE
- tUctsmct Cont/wtf.
9. t. (UPOBimt. r«$$L$ll»l< ^ f v jEOEg^ornc«| t. IHU>
J. E. PATTILLO
1 • * Orange Representative
Phone* 203 & 448
109 Holland Bldg.
A Treat For
Everybody
OUR ANNUAL
New Year Subcription Offer
AGAIN AT THE LOWEST PRICE IN HISTORY
MANGE LEADER
FOR A WHOLE YEAR
PAYABLE
IN
ADVANCE
ALL PAYMENTS MUST BE MADE AT OFFICE
<W • 1'T j ■'« i •
sag
Save $2.1
Eliminate The Bother of Weekly or Monthly Collections!
Keep Records Straight-Have 1 Receipt For Whole Year!
THIS OFFER FOR LIMITED TIME ONLY!
Mail Your Check Today!
(Please Do Not Pay Route Boy - Send Payment to Office!)
_
593 Front Street
Phone No. 4
5» . fju <
I
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Quigley, J. B. The Orange Leader (Orange, Tex.), Vol. 27, No. 26, Ed. 1 Wednesday, January 31, 1940, newspaper, January 31, 1940; Orange, Texas. (https://texashistory.unt.edu/ark:/67531/metapth558904/m1/4/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Lamar State College – Orange.