Show TODD W. W BECHTOL GE L AGI AGENT T Serving Utah Eastern I Nevada and Southern Idaho Continental National Bank ank Bide ld Salt Lake Lako City CHy Utah Phone 4 1 SYNOPSIS OF TIlE THE ANNUAL L ST STATEMENT TE OF I The Penn Mutual Life Insurance Company Of or Philadelphia Pennsylvania Home office office Independence Independence Square Philadelphia 5 5 Pa Incorporated In the State Slat of Pennsylvania Penn Penn- s sylvania In 1897 President PresIdent John John A A. Stevenson Secretary John Secretary John A A. Mayer Majer Showing howing conditions on December 1948 19 made to the Commissioner of In Insurance Insurance In- In of the the- State of or Utah pursuant to law ASSETS Real estate 15 86 i Mortgage and other loans 10 Bonds and stocks Cash In office and banks 9 47 Other ledger leder assets 9 Total ledger assets assets Gross Oros assets asset Le Less assets not nott admitted 99 Total admitted assets LIABILITIES Net reserve Other reserves Net amount unpaid losses and claims ld DI Dividend nd liability ty All Ml other liabilities Total I Special surplus funds Total capital surplus and nd other liabilities 1 62 Surplus funds lunda consisting of or re reserve er c tor for mortality and a asset et fluctuations and other contingencies unrealized appreciation ap on stocks and bond and rc reserve erve for mortgages State Slate of or Utah County of Salt Lake This ml certifies that the named above company has hM filed flied Its annual statement statement statement state state- ment of which the thi fore foregoing Is a synopsis and bias nas complied compiled with the laws of or this State relating to Insurance and therefore Is h duly authorized to transact Iho the business of Insurance In Inthe Inthe the tho State of Utah until unU the last t day of or February 1950 In witness whereon I hereunto set setI my InY hand and affix my official seal this 1st ht day of or March 1949 I I 1 Seal Scat OSCAR W W. CARLSON Commissioner of or Insurance I I |