The Key West Citizen Newspaper, April 8, 1947, Page 6

iL engineer ting Co., she ever apr Wes ‘aré shied to present to this financial statement of the mn 7 oe lar Life Insurance Company as of the : close of the year of 1946. ‘Our operations durit the year were the most satisfactory we to are ever bench no ptevious time has the Company been in as strong condition as it now is. ’ The'’purpose of a life insurance com- fr a da to gesseic sacar ve es alieg: ; and to assist the country to * " At December 31, 1946 Pee Peninsular Life Insurance company . ASSETS: ; ne ae FIRST MORTGAGE | LOANS... on G 1, 138721 62 oi eee ALE pe Geen eee TC Sieh kanaiai ade. taenlly. oe PRET ‘a Residential property occupied y dWher. OBIE COLbosare2: ssc BONDS ‘AND STOCKS «20-100: Nearly 14 of aif ur assets are ix: ve in U. S. Government Bonds. _ The bonds of many’ cities, counties, = )/galitroads,) publie Mtilities and na- io corporations are included * - eerlusuoy nto: OEE LOANS TO OUR - anaets - WPOLIEYI HOLDERS .. ~ $20,065.61 n All po) ret are ered aed v4 TRATIQN accumulated value of suc icies Many | Duval S Sales, Distributors ee to. eg! their policies TiS Duval strece Phone 917s REAL ESTATE 236,550.00 vance. This is the it ‘a ae We own our Home Office prop- : : emery ee ak we ~ erty in Jacksonville, Florida. It 4s, ACCRUED TAXES AND a modern 5 story building on a pro- OTHER EXPENSES seiesecinsowtine minent corner. . Life’ Eatneaned : eee bt t CASH IN BANKS AND IN Ie eee ane ae OFFICE 467,575. total for taxes and other busineds PREMIUMS IN COURSE OF. expenses unpaid at the close of our year. SGOLELEETION fy ALL OTHER LIABILITIES enue These premiums were due at the Miscellaneous Items we owe to owe * end of 1946 and many ‘had ac- : employees, including Taxes Wie tually been collected: but did not: held from their earnings. reach our Home Office by the end TOTAL OF ALL LIABILITIES .. of 1946. The difference between this total ' - and all our assets, represents ACCRUED: INTEREST ON extra. protection thet out he .BONDS AND LOANS 42,123.01 etal giteg mare Ii oe » . . Interest on bonds is payable to Z present value of alt policies. Tie Wika us at six-month intervals, therefore additional protection consists 0! a considerable amount is always CAPITAL STOCK 5 Sa 000,08 accrued and earned. RESERVE FOR CON- . TINGENCIES ALL OTHER ASSETS 7,591.28 SURPLUS... TOTAL OF ALL OUR ASSETS ....$9,693,968,05 + For Each $100.00 of Liabilities We Hold $122.95 of Actual Assets INSURANCE IN FORCE, $100,700,117 j is NUTRITIOUS, DELICIOUS-TASTING : ez ICE CREAM ' EE) ‘ i Officers : Served. at our Fountain | Laurence F. Lee, President J. D. Renn, Se 4 cretary + Also Cones in Containers to Take Out. .M. An Vice President and Actuary W. Crvpe Mitier, Assistant Secretéry, \% Pint - 1 Pint and Quarts... AITT. ice President and Agency Director A. Y. Mica, General Counsel : : B. L. DeWitt, Vice President and Treasurer “E. B. Mitam, M, D., Medicel Direetér Peninsular Life Insurance ” “Prescriptions Called For and Delivered” Home Office: JACKSONVILLE, FLORIDA GARDNER'S , | : ===PHARMAC Y== Key West Branch Oifice “The Rexall Store” ««: | H. A. DEMERITT, Manager | 1114 Pyyisie mayne sae? PHONE 177