Page:Motoring Magazine and Motor Life January 1915.djvu/1

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Motoring

agazine



Published Monthly by the Proprietor Frederick Marriott, at the Office 21 Sutter Street, San Francisco, California

DEVOTED TO THE MOTORING INTERESTS OF THE PACIFIC COAST

Price 10 Cents San Francisco, Cal., July, 1915 $1.00 Per Year


WESTERN STATES LIFE INSURANCE CO.

SAN FRANCISCO. CALIFORNIA

CONTINUES TO GROW IN STRENGTH AND PROSPERITY

WARREN R. PORTER
President

 

Fully Paid Cash Capital
$1,000,000.00



Report of Transactions During the year 1914


THIS Company announces that it wrote during the year 1914

2563 POLICIES

representing

$5,158,725.00

of insurance, on which the first premiums have been paid to the company in cash. The Company now has

6867 POLICIES

in force, representing

$14,462,471.00

of paid for insurance being a gain for the year of

$2,397,943.00

THE Company now has admitted assets of

$1,802,500.84

which represents a gain during 1914 in Admitted Assets of

$196,688.73

The total Premium Income in 1914 was

$538,191.34

This shows a gain over 1913 of

$73,000.90

During 1914 the Company's earned interest income from invested Assets increased to

$93,159.18



The Steady, Substantial Growth of the Company Since Organization is Clearly Shown by the Following Record:

Dec. 31st

[1]1910

1911

1912

1913


1914

Admitted Assets

$1,372,064.11

1,385,825.62

1,461,792.41

1,605,812.11

1,802,500.84

Net Interest Earned

$19,996.11

55,208.41

73,148.56

82,226.35


93,159.18

Policies in Force

168

1884

3997

5486

6867

Paid for Insurance in Force

$1,551,860.00

5,140,775.00

9,384,550.00

12,064,528.00

14,462,471.00

Premium Income

$12,935,85

200,098.74

362,604.61

465,190.44

538,191.34

  1. First Policy issued July 13, 1910

The Company's Total Net Income During 1914 Was Over Six Hundred and Seventy-two Thousand Dollars

This represents a gain in total income over the previous year of over

ONE HUNDRED AND TWO THOUSAND DOLLARS


High Grade Salesmen of Character and Ability Wishing to Make a Profitable and
Permanent Connection are Invited to Communicate with

H. J. SAUNDERS

Vice-President and Manager of Agencies

Home Office, Wells Fargo & Co. Bldg. San Francisco, California