HomeMy WebLinkAbout99-02480
~ National Grange Mutual
~ Insurance Company
A ~"'ll Sll~el Aml!f'CIl comPllny
I cortify that at the Annual Meeting of the Directors of the National Grange MutuallnsurancQ Company duly called and held at
Keone, New Hampshire on March 12. 1999, the following otticers were elected and still remain in oUice:
PHILIP D. KOERNER,
CHAIRMAN OF THE BOARD, PRESIDENT AND CHIEF EXECUTIVE OFFICER
, SF.NIOR VICE PRESIDENT, CORPORATE SYSTEMS & SERVICES
SUSAN E. MESHA~;O,
THOMAS M, VAN BERKEL,
SCOTT B, GERLACH
LARRY ACORD, STEPHEN CANTY,
JOSEPH GRAUWILER,
SUSAN D. HAY, MARK DORCUS
WILLIAM C. MCKENNA
L YN E, LANDRY,
MELVIN L, ZEINER,
WALLACE H. SMITH
EDWARD J. KUHL ..,
JEFFREY H. GRAHAM,
TIMOTHY O. MUZZEY
JOHN M. HERRON,
PATRICK J, SWEENEY,
DENNIS B. UHLER
SENIOR VICE PRESIDENT, INSURANCE OPERATIONS
, ...." ....'..,'.. " ", , VICE PRESIDENT, ACTUARY
. . ., . . ,...... ..,. ... .......,...................
''', VICE PRESIDENTS
ASSISTANT VICE PRESIDENT, SECRETARY AND CLERK
....'..,........"...... """,......" ASSISTANT VICE PRESIDENTS
. "..".." ......" TREASURER AND CONTROLLER
ASSISTANT ACTUARY
ASSISTANT SECRETARIES
I further certify that the following statement of the Company is true as taken from the records of said Company as of December
31,1998
ADMITTED ASSETS
Bonds at Amortized Values ............. .........,.. 246,180,412
Stocks at Markel Value.. ",..,..,...."..,...... 185,023.097
Firsl Mortgage Loans, ,..2,231,905
Real Estate, 7.000.124
Cash in Office and Banks 3.428,893
Short Term Investments 1,716.943
Agent's Balance (Less than 90 Days) '.. ,..,.. 29,528,028
Accrued Interest"..."", '." '..".., 3,888.478
Other Assets, 26,034,034
TOTAL ADMITTED ASSETS ,..,505,031.914
LIABILITIES
Reserve lor Losses "''''"..""..,......."""".., "" 115,617,985
Reserve for Loss Adjustment Expenses .........,.. 15,548.315
Reserve tor Unearned Premiums. ................... ...75,389.735
Reserve for Other Underwriting Expenses.. 4,028,453
Reserve for Taxes, licenses, and Fees ............." ...1.749.461
loss Drafts in Transit. 4,860,536
Other Uabilities 36,070,175
Total Liabilities"""", ",'" '.', '",,'... 253,264,660
Policyholders' Surplus ", ,251.767.254
TOTAL 505.031.914
Securities as deposited by law, included above - S 7.233.885
I further certify that the following is a true and exact cxerpt from Article V, Section 2 of the By.Laws of National Grange
Mutual Insurance Company which is still valid and existing.
,he board of directors, the president, any vice president, secretary. or the IrC35urcr shall have the power and authority 10
appoint attorneys-.in.fact and to authorize them to execute on behalf of the company and affix the seal of the company thereto.
bonds. recognizance or conditional undertaking and to remove any such attorneys.in-tact at any time and revoke the power and
authority given to Ihem."
Subscribed and Sworn to before me
on thi. 12th day of March, 1999
.......U~UI.'.....
.\-- ...... F: '.
,......... 0 "'f.
~. ~ ..... """,
", .,:,,:-- ~" T):',
~ ~ . "...
:~.' . ....~.~
f .,! l~ Ci T ~ R"., ';: :,
f: _... : ;
~, t, P U " \.' C:
:. ~'.'
" .. ". ./< ,:
'" "t'"1 ......... ,t..v,,'
-', ~. b,'" ..
'.:. r-J'",r''' .,'
~l"..,....".,II'"
~ 1>> ~cd:n:..
My Commi&.sion Expires; May 13.2003
68.119' 13199)
IN WITNESS THEREOF. I hereunto subscribe my name and
affix the &cal 01 &.aid company this 12th day of March. 1999
~r;:~"l-
V)
cJ,
1
--g
c:.
t' ~
'- 6
~ <..
<J)
j '1J
c
.g
G5 >- 1
-::J- ,,,, -.."..
~~':; _:J .,,& .!}
co ,'- .. - 0
lU(:-~: .,- 0-
r (,. r! -
0- r""- .,.:,8 ~ cr-
'_I.:.:' '-'-
a- C;l ~. <ai 0-
C'.:l' ~::) ; /: t-= C-
u..: ''-J
:,--.!"
0 LL :. 0.: . ."1(;:'" Vj +1 =l1
rc' CI.. ~'!,!CL'
? .. j ct:
I:. m ::3
Cl c-, C) c)
,f