The Montgomery advertiser., 1908-10-07
INSURANCE ITEMS
ALABAMA DEPARTMENT TRANsAC-
 TIONs IN SEPTEMBER.
Report Gives Companies Admitted, Companies Examined and Chief Items of Interest in the
 Insurance World.

His September bulletin containing many insurance items of note was is- sued Tuesday by Deputy Insurance Commissioner A. c. Sexton. The fs- suance of such a bulletin Is the pur- pose of Deputy Commissioner Sexton, the object being to keep Alabama citi- gems posted on the current transactions of the Alabama Department as well as important happenings in the insurance world generally.
 The following companies are shown to have been admitted to do business In Alabama during September:
 Aachen and Munich Fire Insurance Company of Aix-La -Chappelle. Ger many. Admitted September '. 1908. United States offie, s4 William Street, New York.
 Security Insurance Company, New Haven, Conn. Admitted September T. 1908. Incorporated and began business May, 1841. President, John w. Alling; Secretary, Victor Roth.
 Union Insurance Company, Philadel- phia, Pa. Admitted September 25. 1908. Incorporated February 6. 1894. Presi- dent, ] Henry Scattergood; Secretary. Edgar R. Daniesl.
 Reports of examinations of insurance companies were received during the month:
 North State Fire. as of April 30. 1908. by the. departments of North Carolina and Virginia. Total admitted assets. s49s.os5.6s:s liabilities except capital s253 3,42s.27; capital s200.000; i; surplus all over liabilities, $44,667.3S.
 Ohio German Fire Insurance Com- pany, as of September 15, 1908, by Ohio Insurance Department. Admitted assets, $744,980.21; capital stock. $200.- 900; surplus as regards policyholders $1,422.67. This company showed an im- pairment on August 31,, 1908, Of $53,- 577.33, which amount was covered by collections of agents balances. and ex- ceeded by the said s1,422.67, set down as surplus.
 Missouri State Life Insurance Com pany, as of June 30. 1908. by Missouri Department of Insurance. Assets, $1,- 2S4, ,450.98; capital stock. S100,000: sur plus over all liabilities. $s7,496.12.
 The bulletin also contains:
 "rhe Great Western Life Insurance Company, of Kansas City. appears to have emerged from it's worst troubles, and secured sufficient funds to pay all outstanding death claims. and other creditors and have surplus to work with. The new president is George Stevenson. Jr.. banker and merchant of Waterville. Kansas, and James Chappelle. proprietor of the Copeland Hotel. Topeka, is the new secretary. and treasurer. Representative business men comprise the board of directors. The present status of the company Is, therefore, encouraging to those who are interested in it's continuation. There is something over S20,000,000 of insurance, on the company's books.
 "The Washington Life. of New York has changed hands. The controlling interest is vested In the Pittsburg Life and Trust. W. c. Baldwin Is the new president and F. c. Parsons secre- tary. It is reported that the two com- panies will be operated together. The Pittsburg Life has about $27.000, 900. and the Washington Life has about $55,000.000 of insurance in force. The Washington Life was organized in 1860. and is one of the oldest life companies of this country. Ex-Gover- nor Levi P. Morton, Thomas F. Ryan and Harry Payne Whitney were hold CTS of 5000 or more shares of the stock of the company.
 Robert B. Armstrong has resigned as president of the Philadelphia Cas- ualty Company and w. LeMar Talbott, & former director of the company. and second vice president of the Fidelity Mutual Life Insurance Company, of Philadelphia, was elected to the va- cancy. MT. Armstrong Is reported to be interested in the organization of the Consolidated Casualty Company, chartered under West Virginia laws and was elected its president upon his resignation from the Philadelphia Casualty Company. The Philadelphia Casualty is in control of Fidelity Mu- tuaI Life interests"