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} REAL
wmi‘rvs .w v: v
" ‘ 'rlin nvnumu summon—scum nurtwsux, CONN., MONDAY, NOVEMBER 8, 1925.
___.
T5.
PAGE ELEVEN
rsonal Opportunities
mum NI! QUICK SERVICE
Ail eds erc restricted to their
proper classification and tho regular
Sentinel sum of typo.‘
CLASSIFIED RATES
Daily rate per line for consecu-
tive insertions:
Chsrge Canhl
Six Days ......... .09 .08
Three Deva .10 .0)
One Day ‘ .l'. .10
No advertisement taken for ions
then 50 cents. Based on a. minimum
of 5 lines.
Count five average words to the
line. -
Charged eds will be received by
telcphoue and if paid at office with.
in seven days from tho first day of
insertion cub rate will be allowed.
Ads ordered for three or six days
and stopped before expiration will
only be charged for the number of
times the ad eppeerrd end adjust-
ment made at the rate earned.
Special rates for yearly advertising
upon request.
run summon Allows
u A. Accommodation
mm of its Public Service.
CREDIT 4
. to these i
CLASSIFIED
ADVERTISERS
who are telephode subset-ib-
ers. Bills are mailed
promptly on the detect Stet
insertion with the Million
'tentn view a the rtesy
med they will paid
bobs, the seven day cash
discount has expired The
continuation of the: policy
is dependent on tile on-
operation given by th public
in minimising ccliec on ex-
Mnscn-by‘prompt payments.
Hand of make l
I-In Memorlem ‘
More! Directors!
d-aionumentn. Cemetesy u-
S—Socictiee end Lod‘ee
Io—Loet end Found :
aurouo'rriur— .
A—Aut'om-obile Age-eh x..-
11-Automobii liar dale
12-Auto m For [here
13—Auto Acne-cries .
dt—Gnregee—Autce for I!!!
15-bi0torcrcles end. icysisn
II-Wented—Autotnc
auslunss osmosi-
u-Bueinesn Services
.i IhBulldlng and Connection
zl-rDre-tneking and 'Idiillneiy
rtéueetlng. Plumbiu. Roofing
:t-d-lnsurence end Surety Bond!
:iéTruoklngv-Storege
Sd-lvi’eintiug. Peperinf. Decorat-
.ing .
ne-eProfeesioeel Services
Its-Renewing and Rodninhisg
Ill-Tailoring and Mg
Si-Wented-rheinen' Service
Vnrrrwruam—
ltd—Employment es
81-min Wanted-—
nn—nelp Wanted-lute
Shaun—Nels eud Inmate
‘- lt—Sollcitcre. Convener-e “Ills
St-rSitueticne Wanted-Male
‘ » nt-LSituntions Wanted—Me
ANCIAL— .
clef-Business Opportunities
. 60-91th to Loan-tortoises
mS'l'RUCi‘ION-
‘ dd—Locel Instruction Clo-m
u—Musicel. Deming. Dremetie
.. dd—Wentcd—Inntructibn
~ rm: croon—
di—Dogs. Cats. Otherrets
dtoaornen. Cattle. Vehicles
dn—Poultry and Supplies
lt—Wented—Live Stock
db,
“RCEANDISE— we
St—Anticien For hie
Ibo—Barter end Exchange
Inc-Boats end Aces-cries
SS—Buiidilil assumes
u—nnsinesn and once Idlin-
mect ‘
u—m and Dairy Products
ld-il‘del. Feed. ”miller
tf—-Gcod.'rhings to list
" lt-Heunehold Goods .
ell—Jewelry. Watches. ms
di—ttechineoy and Tools
ea-uw hterchendins
es-e—Redio Equipment 1
. dd—Seeds. Plants. l'lewers .«
Sd—SMIII- at the Stones
ell-menu sneer-oi 5‘,
dt—Wented—To Bur l?
nouns AND BOARD-e
S‘I—Roomn With BM
dt—Rcoinn Without Board
dD-Rocmn for Hannah”!!!
Ill—Vacation Pisces
Ii—Where to Eat
its-ween to stop in Town ,
fl-W med—Rooms or BM
"l‘A'i‘E F0" RENT-
u—enertrneotn end flab
inc-Basins. Places for Rent
fd-I'nrmn end [and For Rent
ft—flonsse For Rent
ts—urncce and De. Boom
ps—amu end Icantein . I.
Rent ..
mi. ESTATE NB BALD-
it-nnsen'is Itsel mus
Sic-Business Property For hie
tt—F‘erme and fend for his
It—ucusnrler his
dI-lote lien his
dds Inge and lactate - fl
. U ' »
nt—eeeernenles' his ». .
" -— V . - _ - .Ite’e
mom
Card of flesh I
end friends. the Fraternal organise-
tione end railroad employee for the
kindness shown us during the uncut
illness end death of our beloved
husband end father; also for the
many beautiful floral tributes.
now soar—mime from non Is-
dlticl-lbnnele nl
We wish to thank the neighbors
SIGNED.
HRS. ll. '1'. HARRIS C FAMILY.
MIMIC.“ id
lend. Will tinder please notify IA.
CIDER. DANIELS—For sale.
DIIIAN GARDEN TRACTOR—
Aieo power lawn mower. Ree-
nonable. Phone it".
W
U'fCl-lli't—‘computlng scale. Good
condition. Exceptional Bargain.
hi. EDUNNE
it. Liberty Square. E. Norwalk
In-
dilit‘o 1” South Main St. South
Kuwait. Cell at t in the morning
and between 8 end it in afternoon.
D. Sylvester. Bell Inland.
eurceorm
FORD COUPE-1.85.
comment-rests» it
Good eel.
ditlon. Resecneblc. Telephone
II“.
FOR CALI OR EXCHANGE—1"! '
Nash 4. good rubber end good
mechanics! condition. 1925 Nash.
Lessons 0. BOXES—Also loose boa
lumber. Ideal for kindling wood.
Clever Mfg. Co. Phone illl.
MMDSMMuae lib
'ruamrn e POTATOES-Select. by
boat direct. why not use the best.
usually the cheapest in the end.
'1‘. S. Smith. McKinley PL. Ito-
weyton. Phone ibis-W.
Gcod'I'hlngstoEnt or
edvenced six. perfect condition.
Chalmers touring. good running
order. good rubber. 8100. These
care may be purchased with .nmsil
down payment, with convenient
terms on the balance. Benedict's
Nash Agency.
Ford Seden 800.00‘
Ford Coupe 00.00
8 Chevrolet Tourings 00.00 each
Chandler Coupe “0.00
t Paige Tourings 00.00 each
i Paige Coupe ”0.00
1 Buick Touring l0.“
$20.00 Deposit. SI Weekly
PAIGE-1W
isomoa SALES cc.
Open Evenings. Tel. me
4 door sedan in splendid condition.
has 1.000 miles.
feet end anterior dee uphebtesv. .
looks like new. This oer must be
seen to be fully eppreeieted.
ml NOS'AL!
Phone us:
mom SA“! O
I...“
geeeii
None-Mm“!-
yourserweshedwbilepen
Illinbethlt.
'r'uah'rrurtn-soua walnut necro-
tery I pc. Welnut bedroom suite.
Console table end mirror. smoker
net. ltltchcn table end cheirs. High
clam. 0. L. Berg. It River Drive.
Phone toss-w.
FOR MEN~furnlehed rooms. ntcem
heat. all improvements. 83.00 per
week. Meals if wanted. 81 Van
an‘ St. East Norwelk.
household Goods so
HmMIO—le Ipl'iiin Gilli:-
ienn end Pillows of all kinds
suede. renew/MM and repaired
Telephone 811. Norwein Mattress
Ce. di necktie Street South
itcrweik.
ms noon m’ n'ssh s pee-sense
Iteoheniosily' no
cum on
at manila-eta
W. R. ADMIN
South Norwaik
Phone I!”
snnvron
Mentions so
It ”In.“
epeirin week
08m
III.
owns KITCHEN CABINET-
need so new: white: perfect in
«on respect. Must be seen to be
appreciated. Cell “-4 or inquire
Ire. Schenk. Alden Apte. Web-
mer St. between 0 end I p. m.
PABZDR STOVE-In A-i condition.
,rlce ”0.00. Inquire Mrs. nor.
veil. liners“ st. nest Norwelk.
Idl‘l ”Mb 0!
W
'0 m PLAYER PIANO—Hello.
any finish good condition. with
bench and rolls. Price 0209.00.
Smell emcunt down. easy weekly
peymente Free delivery. For Pi-
ano Ce. South Nerwelis.
AUTO “MOI cannon
accuser) noses
m. “If
”—I—v
lion-swab Board of
Immune-l in
AUTOMOBILE-dope and curtains
m LARGE- noon—surmise.
for men end wife or 2 gentlemen.
Board if desired. Telephonedflz.
repaired. All kinds of heavy sew-
ing. Let us give your auto top e
cost of waterproofing. mun.
soon a Bomb-Lin private fam-
ily. S Putnam avenue near West
avenue. South Nor-went. Tole-
phone, am-w. Gentlemen only.
ALI) Awning. Ca. M'~ the
St. ill. Norwaik.
FOR SAIPLlll—Ald prices: 0! lb
noon- WithoutBoerd cs
tent wedding invitations. write So:
30!. South Norwelk.
. Prevent tires
were nurse-end eleesee test
Chimneys recanted
NM
COS! WARM
ROOM—In private
ilsnslly. centrally. located to South
Nos-walk. suitable for I. or 8 gen-
tlemen, Phone «on.
molar rump ROCK-For
one or two gentlemen. Steam heat
Hot water. 137 So. Main St.
Phone ”0.
This Page Might Well Be Called A Dictionary or
A Number
lion.
single day.
slay you pass by them.
“This World Is So Full Of
And nearly all of them are listed at some
lime or other in tho systematically arranged
columns of The Sentinel A-BL‘ Classified Sec-
’l‘hcrc is hardly any limit to the variety of
the offers which make up these columns.
it's something you want —- if it’s something
people buy and sell—you’ll find it in the classi-
fied columns—today or some other day.
That‘s why you should watch these over-
chunging, uevcroending opportunities every
if you read the classified ads nearly every
day. but not every day-the BIG opportunity
of .1 lifetime may pass through them the very
llcnring the A-B-C Classilicd Section every
day hssurcs you of being prrscnt every time
that opportunities are being distributedl
The A-B-O Classified Ads
Always the Same—In Service
Always DlSorent—In Opportunity
Of Things”
.11
nest. earns you am
REAL ESTA" '08 SALE
Busine- Pieces For Rent ill
a 30mm.” 'd
SPACE-Consisting of basement and
two floors. having a capacity of
3,800 sq. ft.. suitable for storage
or light manufacturing. opposite
West Bound railroad station.
South. Norwullt. Phone 3560 or
1410. ‘-
ltouscn For [tour 77
MOST ATTRACTIVE—Now home
in Connecticut" Moorish tile con-
crete. 4 rooms. bath. 2 balconies.
sunny. every convenience. garage.
8 minutes to trolley. $40.00. Phone
dOSS-W.
d ROOM HOUSE —- Bath. all im-
provements. Center of town, 8-4
acres land. Garage and ice build-
ing. B. Quackcnbush. Telephone
Darlen 333.
5. ROOMS—Ali improvements. 2.
minutes to trolley car. 6 rooms
centrally lccutcd. Inquire 76 Lex-
ington Ave. 80. Norwalk.
STUDIO HOME-New furnished.
Spanish style. studio homo. nvc
rooms. lireplacc. every conveni-
ence. garage. East Norwallt. We-
terfront. 8 minutes. trolley. busl.
nose center. exceptional bargain.
Phone loss-w.
TO LEASE-0n Newtown
newly painted ten room house.
two fireplaces. spacious rooms.
hardwood floors. Two acres. largo
barn, $1.000/nnnua1ly. Phone
2550. mornings.
REAL ESTA/TB FOR SALE
Avc., n.
“maceration-cream
Md
Formerly Examines-e of U. S. Patent
Office.
UPHOLS’I'ERING—end cabinet
HELLO mun—New but? No. the
cleaned blesses and :s cove ave-nut Norwelit. dve
ATTORNEYS AT LA"
111! Main street. MUM
Old nun nnre'rn 1‘03 ”NT .
”herald Cog.“ SO“. ’
Pirate ftewlts. t ties-walk open-m and lists to
W003?” e DAVIS surname—Consisting of r
A. H- WWW 1(- W- ”A". furnished rooms each. Gee. elec-
tric lights. steam heat and not
tubs. Near South Norweik Con-
gregational Church. a: Flex Hill
ltd.
Houses For Sale 84
ANOTHER BAltGAIN—Two-fnmily
house, improvements. 3 years old.
centrally located in Norwelk;
to.too—-tl.ooo cash will take it.
Don't fall to soc us about this one.
THE FUDGE REALTY C0.
155 Washington St.
Tel. 559.
sue’m Booklet on Patents
work. Picture framing. mirrors
end upholstered supplies. Chair
caning. etc. A Bergntrcns.‘ New
1. O. O. E. Bldg. So. Norweik.
mumwmudd
31 BELLE AVE—Between Chest;
nut end South Main Ste. 5 rooms
with ell modern improvements.
Steam heet furnished.
0! CEDAR ST.--Five room flat with
all improvements. Good locetion
ncer West Ave. Garage if desired.
Inquire fl Coder St.
trimmed Loeknewell he did
theJobf ThePrecueeilen vet-
ingfletlhcpdiitlteln , S.
NorwelkCcnmnpi'Sigbtdnise
esstisficdeulcrnsr restraint.
NAG! anon-eleven an m to-
tI—COVE AVE—6 rooms.
room apartment. Newly decora-
ted. All improvements.
bath,
electricity. gen. Inquire as Cove
Ave.
WWW .
BWIMMMH I”
81 COVE AVE—I room apartment
,8: Cove Ave. East Norwelk. some
imp. Itent 880.00. The Tammany
agency Reel Estate and Insurance
388 WWII. St. Phone 88“.
Conn. Ave.‘ [has tit deythnei
um. M
wm'rn wow—rev gennrei
nirrsounn
ft DAIItl'IL'LD svn-s rooms ell
improvement; garage. It Fair.
field Ave. So. Nerwelk.
“we... on
All nu: rum ROAD—S rooms'
and sun parlor. first floor. all im-
provements. steam best. two car
gangs. Phone 88:. Rent too.
housework. Sleep heme. Phone
sou.
warmers—com waitrem.
white. Alnddhelu toll-
stetindlnlngrcom. lethally.
Referenced. ”paneling”.
Tel. 2“! W
EXPERIENCED warm
South N
WANTED—Wolfi by the “'9. two
FORSALl—Prtntieg edicetwo
lebweeses-ssue an
m Azirn.’ sense
Wen s I00 ,
mm as
or three deyne week. either wash-
ing or cleaning. on my Ave. Sc.
Noneik. ,
”wee
pause and full equipment ready
heath
16 10“ 81—818 mm! with bath,
ell improvements eud garage. two
minutes' well: from station. In-
quire“ Lowe Street." South Nor-
walk.
1‘ LOW! Six—South Norwelk. 0
rooms all improvements.
It IADISON I'D—I rooms. all let-
eet improvements. 8 complete
kitchens and two bathe. Bent
“8.00. Inquire Dr. Siemen. Phone
81”. .
vomit “summon—5 'rocml.
ell improvements. first floor. :1
Green Blvd. not Norweik.
Bent “$.00. Mogul. I
groan version ave—e mm
Isrge lot. fruit trees. chicken
coop. Inquire. in South lain St.
Se. Nerwelk.
s.
{has dill-W. ‘W
q buyer. .
new unease nwist Printing 9!-
” oecaean S‘b—l‘lrst floor. I
rocmnqsnd bath. an improvements
hot water heel- .
4m! ‘
ll’mflflmlflh-
melts. Phone soorw.
ROD! PLAT—Third floor. No. l
W Ave. Rent 085. For per-
tteelerec..lwertn OioWeii Cigar
“Wet.
'a. .. ._ 8
;wlb.
800W bath. ell improve.
gut. hqeire 1” you It. flor-
u,
FOR SALE—One six room house.
lot 60 x 150 No. 57 Belden Ave
Price 85.600. Robert Joseloff Tel
1009. or William F. Hoyt 8; Son.
Tel. 435.
FOR QUICK SALE-At a bargain.
New six room house. all modern
improvements. Large lot. Several
old shade trees. Located half block
from trolley line. to nice neigh-
borhood. Very little cash neces-
sary. Taylor & Golden South Nor-
welk Trust Co. Bldg. Phone 1280.
NEW liOUSE-—Feirfieid perlt. Berri
resxdrntial section. Cell 41 Ohio
avenue. Tel. ”bi-W.
TWO FAMILY HOUSE—In center
of South Norwelk. All improve-
monls. Price 010.500. The Tarn-
many Agency. l'icei Eltete ad in-
surance. 128 Washington Street.
Phone am.
moors-n.
BUILDING LOTS — Six beautiful
lots on Sycamore St. off Gregory
Boulevard, East Norwelk. Beet
building proposition in town.
Write Box ass. Norwellt.
AUCTIONS—LEGAL
legelldtim
ORDER 03' NOTICE.
DISTRICT OF NORWALK. 88..
PROBATE COURT. November 4. A.
D.. 1926.
Estate of Mary A. Taylor. late of
Norwnll: in said District. deceased.
Whereas. written application has
been made to this Court by the ad-
mlnlstrater of seid estate. praying.
for reasons therein set- forth. for
order authorising and empowering
him to sell the lnventcried reel cs-
ism of seid estate:
Ordered. That said application be
heard and determined at the Pro-
beio office. in Norwelk. on the 11
day of November. 1920. at 10 o'clock
forenocn; end that public notice
thereof be given to all persons in-
terested therein by publishing this
order in e newspaper having a cir-
culation in seid District. at least five
days before said day of hearing.
HENRY w. GREGORY.
' Judge.
SOLVENT NOTICE
District of Norweik. ss. Probate
Court. October 20. A. D.. 1926.
Estate of Charles H. Tuttie. late
of, Norwelk. in seid District. decou-
ti .
The Court of Probete for the Dis-
trict of Norwelit. heth limited and
nllowetbsix months from the date
hereof for the creditors of said Ee-
tate to exhibit their claims for set-
tlcment. Those who neglect to pre-
sent their accounts. properly attest-
ed. within seid time. will be debarred
a recovery. All persons indebted to
said Estate are requested to make
immediate payments to
GEORGE TU'I'I'LE
Roweyton Ct.
Administrator.
TWO FAMILY HOUSE-Wlth two-
car garage. Largo lot. 160 feet
frontage. South quwalk. Home
Realty Company.
Norway votes to abolish Prohibi-
ticu possibly bidding for e share of
the American tourist summer travel.
—-'!‘rcy Record.
custom) uterus
ousslrrnn uterus!
CLASSIFIED DISPLAY
m
See or'Ctill
“hhernthmp
ansnroa
23 NO. MAIN STREET
Phone 3915
ABSOLUTE BARGAIN
FOR SALE
S ple n d i (1 new' modern
house, all improvements.
Steam heat. Easy T e r m 8.
Off Gregory Boulevard,
East Norwalk.
An up to date house just
completed. 6 elegant rooms,
all improvements. Excel-
lent location. N 'o rwalk.
Price $6,500. Terms.
For innumerable
other listings call this
office any day.
l
FOR SALE
Seven room house. modern. nice
residential section. Convenient
location. Large sun pericr.
Price 810.500.
Hot water heat. open fireplace.
East Norwelk. sir room house
some improvements. Price 80.600
For these or any oils-er- clinnuit
CANTY 8: C0.
Melton-Insurance
17 So Iain It. Phone Sol
Fireproof your
business
Modern methods of build-
ing construction and tested
fire prevention equipment con-
tribute much to your safety
But tire insurance pieces the
one sure protection between
you end financial lose an a re-
sult of tire.
Se 'eure your heursnce in
adequate and correctly ep-
' plied. We will gladly inspect
year dre risks. fl
1. u. Layton Co.. Inc.
as WWW Street
Insurance and Rest Estate
' mums
I.
ONI SS
Auto Insurance Company
(Continued from Page Nine.)
valued at. the market ratcs promul-
gated by the National Convention of
insurance Commissioners. The com-
pany owns 5.000 slum-s of tho Stan-
dard Flrc Insurance Company. the
capital stock of which is almost on-
tirely owned by in Actnn. Life
Group. and on which thcre is no
market quotation. Considering that
there was an equity of 30 per cen‘.
0n the unearned premium reserve.
this stock would have a value of
8208 per share. We have therefore
allowed thb company‘s valuation of
$200 per share.
On December 31. 192'. there was
.n an excess of market value of bonds
and stocks over book value, amount-
ing to $278,362.18. which has been
nllowcd as u non-ledger usset. Since
the book value in most cuscs equals
the cost. this figure very nearly rcp-
rcscn‘s tlm apprcclnlion in the mar-
ket value of sccurliics from the
time of purchase. -
The accrued lntcrcst on all bonds
\vns calculutcd and the company's
llgurvu vcrifled in every case.
Cats in Office and' Bank.
"The cash in office was counted by
a dcpartmcnt examiner at the close
of business on December 31, 1925.
The amount ugrt't‘d with the bul-
ancc shown by' the company's
books.
“On Dcccmber 31. 1925. the com-
pany lmd dcposlts in ten banks. to-
taling $2,079,770.24. all of which
were bearing interest at rates vary-
ing from 1 1-2 per cent to 8 per
cent. Bunk certificates were obtain-
ed for each of these accounts and
they were reconciled with the
books of the company by adjusting
for the outstanding checks end in-
terest not crcdited. .
"The foreign marine sterling ac-
count of film Guaranty Trust Com-
pany. London. England, was con-
vcrted at $4.87 to the pound. which
was the correct rate for December
31. 1925. There was a. smell ac»
count with the Guaranty Trust
Company. Paris. France. represent-
ing 15.483.04 francs which the
company converted at .06 to $928.99.
The French franc was quoted by
financial pclodlcels on December
OUT OUR WAY
By WILLIAMS
‘ \
Dou'f some uni. rr
MN or: room FOR sou.
HAVNG HER
AWKth‘:
memo mmA-A -
MA Ul-lt LOOK
Hr. DID To ME“! you
we. miner—r. DON‘T !
114m ‘ll-lAT want-.9 lN‘ll-tE
swim I cou‘r sac.
j
AT
11. 1936. at .08". Using this rate.
the value of the account was $580.61
and we have deducted the excess,
$348.58. as s. non-admitted asset.
“The company reported $4,250.42
as accrued interest on bank bal‘
ances. Each item included was sup-
ported by a statement from the
bank. Actual receipt of this amount
was verified by cash book and
journal entries for January. 1926.
We also found one item of $7.04 not
included by the company. which has
been allowed in this report.
‘ Agents' Balances.
“In its annual statement. the com-
pany showed agcnts' balances of
sectarian. Tho ledger showed
direct and reinsurance balances of
87.558.082.56. funds held on deposit
under reinsurance treaties of 3380.-
060.70, producing the above not fig-
ures. Included in tho reinsurance
payable. was the credit of 8172,-
871.“ to C. T. Bowring 8: (30., pro:
“only mentioned.
"The unpaid balances on Decem-
ber 31. 1925. of every agent of the
Automobile Insurance Company. the
Fire ‘& Merino Underwriters. and
the Protective Flrc Underwriters
were listed for our usc by the com-
pany. Every balance of the home
office and New. York branch was
checked with the premium jour-
nals to verify the not amount due
and to determine the month of the
account.
"The direct automobile business of
tho company is written by the home
office organisation of the Actna
Casualty 8'. Surety Cpmpany. and
the accounts are' kept on a. casualty
basis, or grass bee ‘ They have been
converted’tc a. net sale by estimat-
ing the commissions. The estimate
was an ed and appears to be fair.
"The rcpty deposit! held by cod-
ing companies are all with foreign
companies. They have been verified
from the treaty deposit ledger. The
deposits represent premiums due the
Automobile company. but which. up.
dcr the various treaties. are not to
be paid until earned. The company
has cancelled most of these treaties.
"Reinsurance counts receivable
and payable be 'e been verified from
the company‘s lodgers.
“Of the total beinncce'thc com-
pany reported 832,604.69. en the
amount over three months due. We
made an independent computation
and found several smell differences.
our figure being tsr.sos.19. In the
separation of the overdue accounts.
we accepted listeof the Southern
department and Pacific department
business. as submitted by the com-
pany. The amounts involved were
very small in comparison with the
total.
“It was noted that during the last
few days of December, sight drafts
were drawn by the company upon
many of the agents whose accounts
were overdue. These drafts. were
credited to the respective accounts
when delivered to the bank and
charged beck in January if returned
dishonored. We examined the agents'
Journals and beak accounts for Jen.
nary and found delinquent .eoccunts
aggregating 810,580.87. where the
drenched been returned unpaid.
This nmcunt’together with other ac.
counts. over three months due. has
been deduct ea non~edrnltted.
_ ‘ ncccmehlc.
"As nudge:- asset'the company
reported reinsurance recoverable on
paid louse. emcunti'ng to "00,011.-
20. Dacia account was verified from
the company‘s subsidiary ledger.
Practically all accounts have now
been paid. except e claim of ”.85...
II from the United pistes with of
the Second ltnssten Insurance Co. of
DeteogredsDurina It". the New
porn department took decree of the
affairs of. the United States branch
of this company. for the purpose of
l 'but the case was appeal.
ed. e Automobile Company is not
likely to realise anything' on this
claim for some time. and it has
been deducted en non-admitted.
“As a nondedger asset. the com-
SOMERS & SOMERS
THE PAINT PEOPLE
WINDOW SHADES
PAINTS
ROOF COATINGS
NORWALK SO. NORWALK
5. Wall St. 5-10 Railroad Arc.
WI DELIVER
BARGAIN AT
ROWAYTON
9 rooms, bath and extra inilct.
3in water, electricity, price
$7,000.
Mrs. Edmund Kirby
Weetport Ave. Norwalk
m. 2556
Cull Morning.»
is of all accounts showed the proptr
amount recoverable to bo $357.8“,
37. This figure includes the follow-
ing accounts with companies which
an at the present time in liquids-
on.
“City Eq‘blc As'ur'o, Co. $3,064.96
"Essex Union Ins. Co. 9.58.38
"lnter'nlc of Copen'n 156.46i.35
“Jefferson Ins. Co. 9,816.73
"Norskc-Lioyd Ins. Co. 42,564.79
———_._._.
.burcau
$213,168.21
"The value of these claims is un-
certain and it is unlikely that any-
thing will be paid upon them for
some time. They have therefore
LUZ‘D deducted as non~admlttcd.
0thcr Assets.
"The other assets consisted of
Bills Receivable. . “6,204.45; Ad-
vnncc Traveling Expenses. Commis-
sions and Suspense. $2,630.79; and
Kansas Impounded Premiums. 815.-
962.60. All of these accounts were
dcducted es non-admitted assets.
Each account was vcrlflcd from the
books.
Liabilities
"Unpaid lOSscs, cxccbt ocean ma-
rine—An analysis of the company's
figures. for unpaid losses. showed
their irisufliclcncy immediately. In
the supporting lists a. great many
ilems were marked 'Eslimatc not
given. and no liability was carrlcd
for these. Discounts of 15 per ccnt
to 21 pcr ccnt were appllcd on fire
and motor vehicle busl ss. repri-
svntlng anticipated saving.M although
no such discounts wcrc made from
the reinsurance recoverable. Only
losses'reportcd up to January 10
were included and no provision was
made for losses incurred prior to
Dtccrnhcr 31. 1925. but slill unrc-
ptrted on January in. And known
losses under one Insurance treaty
were. omitted allogcthcr.
"To obtain our figuru for unpaid
losses. we followed the following
procedure:
“I. We look the company's list
of home office claims and Chocks-d
each item with tho loss record card
or the actual loss filc., using the
amount paid. if since paid. or thc
udjuster‘s estimate. if still umnld.
“2. We examined the records of
all losses reported from January 10
to May 1, 1926. and listed all clzilms
which were incurred in 1925.
“3. Examiners \lslted the New
York branch and secured flRurvrl
similar to the above on this busi-
ness.
"4. Revised lists of outstanding
losses of the Southern and Pacific
departments. made up on the above
basis, were submitted. under our in-
structions. by the managers of these
departments. as of March 15. 1926.
and were accepted by u. The
amount of such claims was com-
pnratively small.
"5. Domestic treaty losses, except.
in the case of one company, various
loosen. inland navigation
losses. and other losses'reported on
border-can: were revised from tho
borderenux of paid losses subse-
quently submitted. and unreported
11::st subsequently paid were add-
e . ‘
"6. The exception noted above is
the Union Insurance Society of Can-
ton. which had e fire trealy and a
motor vehicle treaty with the Auto-
mobile Insuranco Company. but
which was not required to submit
bordereaux. Fro the United
States managers of in company. at
Chicago. we obtained a revised stato-
ment of the amount due by the
Automobile Insurance Company no
of December 81. 1925, on outstand-
ing losses.
"7. In the case of foreign fire
treaty losses. it was found that full
lose reports come in about nine
months late. When these figures
were closed. only the first three-
Quarterl of 1925 had been received
and it was necessary I us to esti-
mate the lcss‘es of the st quarter.
“Reinsurance ceded is handlcd
chiefly through several reinsurance
pools organized by the Automobile
Insurance Company. The pool pur-
ticipetione were analysed and the
reinsu ce was computed for every
case. hirty per cent of the busi-
ncee received from the St. Paul Fire
and Marine Insurance Company is
retroccded to the Hartford Fire In-
surance Company. and 100 per cent
of the business received from the
Employers Fire Insurance Company
in reinsurcd in the Autocar Fire
and Accident Insurance Company of
London.
Test Answers
These ere the answers to the then-
”I‘ dwells which appear on
the comic page.
I—Cclieen locre.
Hobo Barrymore.
n—Sir Jensen Barrie.
d—Douglee Fairbanks.
b—Ncel Coward.
o—G' ion 'ullter.
‘f—Dmil .. - .
J!
:. 2:4. "
F
Norwalk Chronicler