DETROIT 10 Mo'os Chitim Committee Elects Officers; Sets Aside March 15 as Mo'Os Chitim Sabbath At the last meeting of the Mo'os Chitim Committee held at Cong. Shaarey Zedek, four officers were elected to serve as vice-chairmen. They are: Abe Ackerman, Hyman Altman, Mrs. David Goldberg, Mrs. Al Weisman. In addition, four new members were added to the executive board. They are: Mrs. Norman Snyder, Mrs. Morris Zackheim, Isaac Shetzer, Louis Dann. Last year's sub-committee chair- men were reappointed, with the exception of the clerical commit- tee, of which Mrs. Morris Loeb was made chairman. Last year for the first time in the history of the Mo'os Chitim Committee the Detroit synagogues set aside Purim-Sabbath as "Mo'os Chitim Day" and congregational members made contributions for Passover relief after the evening March 14, 1941 JEWISH CHRONICLE and the Legal Chronicle services. A review of the money collected last year by this plan indicated that it was worth while and merited continuance. The com- mittee, therefore, has requested the synagogue;; to designate this year the Purim Sabbath of March 15 as "Mo'os Chitim Day." The next meeting of the com- mittee will be held on Tuesday evening, at Congregation Shaarey Zedek. All interested organizations and individuals are invited to at- tend. Appeal for Aid To Stoliner Rabbi An urgent appeal was received this week for aid to the Talmudic scholar Rabbi Shlomo Stavin, dean of the Stolin Yeshiva, formerly of Poland, now a part of Soviet Russia. A group of outstanding rabbis, among them Chief Rabbi B. Sha- piro of Kovno, Lithuania, and Rabbi Z. Zorotzkin, have 2oined in making the appeal and in urging help for Rabbi Slavin who, together with his family, are suffering deprivation. The late Rabbi Chaim G•odzenski ap- pealed for Rabbi Slavin before his death. Rabbi Jacob Hoberman of Con- gration Beth Itzchok, 3836 Fisch- er Ave., Detroit, a former student at the Stolin Yeshiva, is in charge of solicitations for hte Stoliner Rebbe's fund, and it is urged that contributions be sent to him. Life Insurance in action! B Life Insurance is an active, continuing force—a living force in the homes of millions who share its benefits. Last year Metropolitan visited many homes in times of family crisis, for a total of over $182,000,- 000 was paid on account of death claims to scores of thousands of beneficiaries of Metropolitan pol- icyholders. Dividends, matured endowments, annuity payments, disability, and health and acci- dent claims, and other benefits paid or credited to living policyholders during the year amounted to more than $426,000,000. The total of almost $609,000,000 for payments to policyholders and Y VERY NATURE, nursing service for eligible policyholders, its re- search, its health and safety literature and adver- tising, Metropolitan again contributed to the task of bringing better health to America. The death rate of Metropolitan policyholders as a whole con- tinued to be low, and mortality among Industrial policyholders was approximately the same as the 1939 figure, a record low for this group. Metropolitan is a mutual life insurance com- pany. This means that the assets of the Company are held for policyholders and their beneficiaries. The value of these assets will ultimately be paid out for their benefit ... and for them only. beneficiaries is a record high for the Company. Metropolitan funds, invested for the benefit of its policyholders, continued to play a part in the economic structure of the nation. These funds aided in financing Government activities, helped to keep industry humming and men in jobs, to erect public and private buildings, and assisted farmers to own their farms and to keep them in proper repair. However, the low interest rates generally prevailing, continued to have their effect on the Company's earnings and consequently on dividends to policyholders. Moreover, through its Welfare activities, its Business Report for the year ending December 31, 1940. (In accordance with the Annual Statement filed with the New York State Insurance Department.) OBLIGATIONS TO POLICYHOLDERS, BENEFICIARIES, AND OTHERS ASSETS WHICH ASSURE FULFILLMENT OF OBLIGATIONS National Government Securities $1,063,435,444.96 84,167,875.97 U. S. Government Canadian Government Other Bonds U. S. State & Municipal . . Canadian Provincial & Municipal Railroad Public Utilities . Industrial & Miscellaneous . Stocks All but $1,147,603,320.93 1,947,840,273.51 98,597,960.88 104,071,903.62 556,382,872.40 709,433,300.58 479,354,236.03 Farms Other property Amount which, with interest and future premiums, will assure payment of policy claims. Set aside for payment during the year 1941. Held for Claims 86,359,622.68 Including claims awaiting completion of proof and estimated amount of unreported claims. Other Policy Obligations Including reserves for Accident and Health Insurance, divi- dends left with Company, premiums paid in advance, etc 937,226,443.47 82,104,425.08 855,122,018.39 Miscellaneous Liabilities Liabilities not included above, such as taxes due or accrued 504,549,131.45 430,945,055.68 Loans on Policies Real Estate Owned Includes real estate for Company use, and housing projects. 150 740 516 25 Cash 90,232,179.03 62,295,093.32 Premiums Outstanding and Deferred Interest Due and Accrued, etc. 139,378,189.86 23,183,629.31 44,729,420.90 32,284,133.01 ”,017,551,552.08 TOTAL OBLIGATIONS Special Funds Surplus This serves as a margin of safety, a cushion against contin- gencies which cannot be foreseen. $5,357,791,636.32 TOTAL $4,665,558,926.00 112 417 253 00 Dividends to Policyholders Reserve for Future Payments on Supplementary Contracts . $47,952.13 are Preferred or Guaranteed. First Mortgage Loans on Real Estate Policy Reserves required by law 16 370 000 00 323,870,084.24 $5,357,791,636.32 TOTAL NOTE —Assets carried at $238,267,054.59 in the above statement are deposited with various public officials under require- ments of law or regulatory authority. Canadian business embraced in this statement is reported on basis of par of exchange. Metropolitan Life Insurance Company FREDERICK H. ECKER, Chairman of the Board (A MUTUAL COMPANY) LEROY A. LINCOLN, President 1 Madison Avenue, New York, N. Y. DIR E D'ALTON CORRY COLEMAN FREDERICK II. ECKER, New York, N. Y. Chairman of the Board Metropolitan Life Insurance Company • MITCHELL D. FOLLANSBEE, Chicago. III. Member, Follansbee, Shorey and Schupp Attorneys at Law JOSEPII P. DAY, New York, N. Y. President, Joseph I'. Day, Inc., Real Estate LANGDON P. MARVIN, New York, N. Y. Member, Emmet, Marvin and Martin Attorneys at Law WILLIAM L. DE BOST, New York, N. Y. President, Union Dime Savings Bank JEREMIAH MILBANK, New York, N. Y. Milbank & Co. *Died Jan. 26, 1941 Montreal, Canada. Senior Vice-President, Canadian Pacific Railway Company NEWCOMB CARLTON, New York, N. Y. Chairman of the Board Western Union Telegraph Company LEROY A. LINCOLN, New York, N. Y. President, Metropolitan Life Insurance Company HARRY W. CROFT, Greenwich, Conn. Retired, formerly Chairman of the Board Harbison-Walker Refractories Company THOMAS II. BECK, New York, N. Y. President, The Crowell-Collier Publishing Company WALTER EWING HOPE, New York, N. Y. Member, Milbank, Tweed and Hope Attorneys at Law CT OR S SAMUEL W. FORDYCE, Sr. Louis, Mo. Member, Fordyce, White, Mayne, Williams and Hartman, Attorneys at Law GEORGE MCANENY, New York, N. Y. Chairman of the Board Title Guarantee and Trust Company ROBERT V. FLLMING, Washington, D. C. President and Chairman of the Board Riggs National Bank FREDERIC W. ECKER, New York, N. Y. Vice-President Metropolitan Life Insurance Company WINTHROP W. ALDRICH, New York, N. Y. Chairman of the Board Chase National Bank of New York WILLIAM W. CROCKER, San Francisco, Calif. President Crocker First National Bank of San Francisco • AMORY HOUGHTON, Corning, N. Y. President, Corning Glass Works Louis S. ST. LAURENT, Quebec, Canada Member, St. Laurent, Gagne, Devlin & Taschereau, Attorneys at Law ERNEST E. NORRIS, Washington, D. C. ('resident, Southern Railway System THOMAS II. MCINNERNEY, New York, N. Y. President, National Dairy Products Corp. PHILIP D. REED, New York, N. Y. Chairman of the Board General Electric Company JUAN T. TRIPPE, New York, N. Y. President, Pan-American Airways System WEBSTER B, TODD, New York, N. Y. ('resident, Todd and Brown, Inc., Builders ....................... .... . Illustration shows the New York City Home Office of the Metropolitan Life Insurance Com- pany. Head Offices are also maintained in San Francisco, and in Ottawa, Canada. In addition, over 1,100 District and Detached District Offices arc maintained throughout the United States and Canada for the convenience of policyholders. r.