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Home My WebLink About97-03057 \ " ( 't l "l ~ ~ 1:"'- \!) c:::l ~ ~ ~ ~ / Peerless Insurance ~ Member The Netherlende Ineurance Companlee I cortlly theltho Annuel MHUng 01 tho PHrt..O Inourenco Complny, duly clllad ond hold II KHno, Now Hlmplhiro, MlY 5, lDG7,Iholollowtng olllcore wero oloctad Ind lUll romlln In olllco, 10 wit: Roger LJean .................................... Chlel Executive Officer Richard T. Bell.. . . . . . .. . . . .... . .. ... President and Chlel Operating Officer Joseph H. Yeeger, Ronald A. Closser............ Executive Vice Presidents William L McCague, II .................... Senior VICe PresldenlJS...etary Mortand E. Berkman, Christopher C. Smllll. Sandra L Stack. Donald C. TreUer........................................ . Senior Vice Presidents Donald Cheek, Michael R. ChrisUansen, John T. Clifford. DwIght W. Bowie, Steven A. Fulwood. Steven R. Myers, E. Wesley Raye, Douglas S. Benedict, Donna Egyed. ................ .............. ....... ..... Vice Presidents Joseph P. Tracey.,."........,..,., Senior VICe PresldenVAssI. S...etary Justin O. Healy,..........,..........,.,.,................., .Tro..urer Noney C. Callender, Myrna J. Horrlngton. Kevin M. Kllleieo. Jane F. Taylor, John J. Williams, Steven S. May. John P. Olon, Thom.. F. Wilson Jr. .............. ........... Assistant Vice Presldlents llurthor CERTIFY that tho lollowtng Flnlnell. Slolomonl 01 tho Compony II true, llloken from thl bookl 01 lIid Complny II 01 Oocombor 31, 1996 \0 wtt ASSETS UABIUTlES Bondi at Amortlzed Value... ... ... ... ........... ..... .... 1470,165,639 RIHrvl tor Lo....... ............. ............ ..........255,880,178 Stocklat Markl' V.lu......................................... 160,303 R.lnaurance Plyable on Paid Lo..........................18,330,728 R.al Eltate. ......... .... 11..1. II.... 11...1.. 11..1..1 II II' "' 8.490.548 R...rv. far Loaa AdJultrnent Expen.....I.1 .... ..... II II ..lS4,408.483 C..h...................................................... 28.229,596 R'NN' for ConUngenl Comml..lon. ...................... 3,542,OOi Short.. I.rm Inv..trn.nll...................................... 230,353 R.NNI far Oth.r Und.rwrltlng ExpenN.................... 8,1503,118 Ag.nt B111.nc.............................................. 80.874,104 R'NN' for TUH, UcenN' and FH....................... 2,185,542 R.lnaurtll1C8 RlCOYlrlbl. ..................................... 769,545 R.NIVI far Fedl,..llncoml Tu............................ 21JT7,_ Accured Inl.....l.nd Dlvld.nd............................... 9.881,783 R.NIVI far Unllmed premluml .........................130,023,805 Other AlHlI............................................... 81,S87,B63 Fund. H.ld for Oth.r ......................................1,882,011 TOTAL ADMITTED ASSETS............................... 680.589,714 R'NN' far Out.tandlng Lou Or.1ta ....................... 2,Ne,0G2 Oth.r U.bl1ltll. .............. ... .... ..... .......... ...... 26,923.4D8 TOTAL UABIUTlES...................................... 515.284.381 ClpItaL........ .... ....... ...... ... ... .... ... ............. 8,848,835 Surplul.. ...................... .... ........... ....... ...168,458,718 Surplul 10 Pollcyhold.ra.. ...............................165.305,353 TOTAL .. .......................... ................. .... SSO,589.714 Securillles carried et 7,244,592 on the above statement 8/e deposited os required by low. llurthor CERTIFY the followtng II I true copy olthl By . Low. 01 Thl Plorloll Inlullnel Complny, IIIIUng 10 Ihl I..cutlon 01 bondl Ind III olhor wrlllngl obllgllory In lho nlturethorool. ARTICLE 3. SECTION 7 " The President mey oppolnt Allomevs - In . Feet, Resident Vice Presidents. Resident Assistant Vice Presidents and Resident Assistant Secretaries and 855lgn 10 them such duties os may be edvantageous to the Company Including the execution and allestallon 01 bonds. undertakings, recognlzancos, contracts ollndlemnlty, and ell other writings obligatory In the nalure thereol and other documents on behalf 01 the Company wIIh power to redlelegate such authO<lly." And llurthor CERTIFY thllll tho mHUng ollho Bolrd 01 Dlrectoll, duly clllad Ind hold II KHnl, Nlw Hlmplhlll, Doc. 14, 1872,thlfollowtng voll WII unlnlmoully Idoplad: RESOLVED, that the oignalure of the PresldenL Secretary. Treasurer. Vice President. Assistant Secretary mey be elli,ed to any such Power of Affomey or eny certified copy thereol or any certification reiating thereto, by facsimile and any such Power 01 Anomey or any certir..d copy Ihereol, or any certification reloting thereto beartng ouch facsimile slgnelures or facsimile seal shall be valid end binding upon the Corperetion In the future with respect 10 any bonds, undertakings, recogniZAnces or controcts at Indemnity 10 which It Is anached. This deyot IN TESTIMONY WHEREOF, I hereunto subscribe my neme and elli, the seal 01 said Company. Subscribed and Sworn 10 belore me this 341.3,M 14J\lT) ,19 -n-z.2.13.v k....... .....--_ Senter VICe President day 01 ,19 ~/O~ MV Commission 'ires Aprilt4, 1998 ~ ( \~ J f;; ~ :0- lIo r-: l!JC"" t". 'I~ F:~ I... Q~ (!...: . l i: ~ ' . [21 , I t"- O- -i. I' <..; J oil ~ -a j \,. "I ~ 01 -Z C:l ," ; ~ h {-oj - 0 . .,~. 11 (j c6 : , ~ 2 I.. e-, "'-..-J 9 (0 \n I ~ ..] ..-. r;:. ] 1 "] --J >1... .., r~ . c' u) ...}