resented some of the strongest insurance companies in the country as state agent. Indiana Lumbermens Mutual Insurance Company was organizen in 1897 as a mutual company by the Retail Lumber Dealers' Association for the purpose of securing cheaper insurance for the lumbermen of the State. In the beginning, the growth of the company was gradual being confined to Indiana, but LUMBERMANS INSURANCE BUILDING, Indianapolis during the past ten years its business has shown a splendid expansion and it is now licensed to do business in twenty-six states. A striking example of the company's growth is shown by the following array of figures: At the end of the first year, January 1, 1898, the cash assets of the company were $527.75; according to the company's statement for January 1, 1914, the cash assets were $421,397.94 and the amount of insurance in force was $17,266,018.00. During the existence of the company it has paid losses aggregating $803,356.11 and returned to policyholders in dividends $534,906.39 and is now returning to its policyholders dividends amounting to forty per cent. of the premiums paid. The company has been under its present management since its beginning with the exception of such changes of the directors caused by death or whose employment made them ineligible to serve. The company occupies its own building at 518-520 North Delaware street, Indianapolis. The officers of the company_are: C. C. Foster, president; J. W. Pinnell, vice-president; J. T. Eaglesfield, treasurer; F. B. Fowler, secretary and manager; C. Disher, assistant secretary. The directors are: H. B. Burnet, Burnet-Lewis Lumber Co., Indianapolis; J. T. Eaglesfield, Eaglesfield & Shepard, Indianapolis; C. C. Foster, R. S. Foster Lumber Co., Indianapolis; Albert Greely, Greely Lumber Co., Muncie; C. A. Hubbard, Hubbard Lumber Co., Martinsville; John Montano, Union City; J. W. Pinnell, Pinnell-Coombs Lumber Co., Lebanon. Grain Dealers' National Mutual Fire Insurance Company, Indianapolis, Ind. The history of this strong mutual fire insurance company is the story of a few determined men to better the insurance conditions of their business. Prior to 1900, the insurance rates on country elevators were not based on any classification or knowledge of losses and the grain dealer had no idea as to what his insurance would cost. He was absolutely at the mercy of the insurance companies. Finally in 1901 the old line companies announced a rate that exceeded all previous charges. It was this situation that emphasized the need for a mutual company and which culminated in the organization of the Grain Dealers' National Mutual Fire Insurance Company, August 5, 1902, the organization being completed December 23, 1902, when the charter was granted, the by-laws adopted and the officers chosen. The story of the success of this organization is best told in its eleventh annual report to the insurance department of the State December 31, 1913, which shows total assets aggregating $2,017,271.86; surplus to policyholders $1,900,032.27 and insurance in force of more than sixteen million dollars. The officers and directors of the company are: President, J. W. McCord, McCord & Kelley, Columbus, Ohio; vice-president, A. E. Reynolds, Crabbs, Reynolds, Taylor Co., Crawfordsville, Ind.; secretary, C. A. McCotter, Underwriter, Indianapolis, Ind.; treasurer, J. W. Sale, Studebaker Grain and Seed Co., Bluffton, Ind.; R. F. Cummings, R. F. Cummings Grain Co., Clifton, Ill.; Charles S. Clark, editor Grain Dealers Journal, Chicago, Ill.; H. S. Grimes, Portsmouth, Ohio; Thos. A. Morrisson, Morrisson & Thompson Company, Kokomo, Ind., and V. E. Butler, Benson Grain Co., Heron Lake, Minn. Indiana Miscellaneous Insurance Companies The Security Casualty Company of Indianapolis was organized in 1907, under the laws of the State of Indiana, with a capital stock of $125,000.00 The home offices of the company are located in the Saks' Building, Indianapolis. The company writes industrial, health and accident insurance and has on deposit with the Auditor of State a sum in excess of the amount required by law for the protection of its policyholders. The company is now doing business in Indiana, Ohio, Michigan, West Virginia and Missouri, and is rapidly extending its business. The officers of the company, who are prominently identified with the business interests of the Hoosier capitol, are: George Vonnegut, president; E. E. Griffith, vice president and manager; H. F. Houghton, secretary; Willard Harmon, treasurer, who, together with Sterling R. Holt, Robert Lieber and Elmer Whitely, of Muncie, Ind., compose the board of directors. International Industrial Insurance Company-With home offices in the Traction Terminal Building, Indianapolis, Ind., was chartered July, 1913, and began writing insurance October 1, 1913. The company has a capital stock of $100,000.00, and is authorized to write life, accident and health insurance. For the protection of its policyholders the company has on deposit with the Auditor of State a sum in excess of the amount required by law and every policy contract issued by the company must have received the approval of the Insurance Department of Indiana. The organizers of the company, who are the officers and directors and recognized as among the best known and most influential citizens of Indiana, are: Hon. Adam Heimberger, New Albany, Ind., president; Oak S. Morrison, Indianapolis, vice president; Samuel J. Sanders, Franklin, Ind., secretary-treasurer; Dr. Richard A. Poole, Indianapolis, medical director; E. O. Burgan, general manager. The officers, with the following, constitute the board of directors: J. Morris Stout, Kokomo, Ind.; E. J. Thompson, Franklin, Ind.; J. D. Davis, Russiaville, Ind.; A. Clyde Shipp, M. D., Indianapolis. Indiana and Ohio Live Stock Insurance Company, with headquarters at Crawfordsville, Ind., is the pioneer company of this kind operating on a stock corporation basis. It was organized in 1886 and incorporated in 1893. The company is authorized to do business in twenty-four states and the policles issued are protected by a reserve of $200,000.00 deposited with the Auditor of State of Indiana, a sum in excess of the amount required by law. During the successful career of this company covering more than a quarter of a century it has paid to the owners of live stock more than a million and a quarter dollars in insurance. The cash capital of the company is $200,000.00 and assets more than $400,000.00. The officers of the company are John R. Bonnell, president; W. J. Crouch, vice president; Chas. L. Goodbar, secretary and treasurer, who with Ben. Crane, J. C. Barnhill, F. B. Seawright and Alvin Breaks are the directors. Frank M. Boyd is the assistant secretary. The National Live Stock Insurance Company of Indianapolls, Indiana-Was organized in 1910 and is the second oldest company operating upon the capital stock and paid-in surplus plan existing in Indiana. At its organization the company offered stock owners insurance at rates equal or less than experience tables proved were necessary for mutual companies to charge in order to exist, but at the same time deposited with the Auditor of State more than $100,000.00 in approved securities for the sole and lone protection of its policyholders. The original incorporators of this company were: Medford B. Wilson, former president of the Capitol and Columbia National Banks in the city of Indianapolis and long identified as a banker at Sullivan, Ind., and Berne B. Cohen, insurance attorney of Indianapolis, Ind., and the original directors were such wellknown business men as Harry B. Gates, of the Climax Coffee & Baking Powder Co.; Henry Rauh, manufacturer and capitalist; Harry S. New, former chairman of the National Republican Committee; Alfred M. Ogle, president of the Vandalia Coal Company, and among the present stockholders are some of the leading business men of Indianapolis. The company's policies are executed upon a new and improved plan. It is the only company not requiring an appraisement of an animal after death, providing that the policyholder must accept one-half or two-thirds of such appraised value. In other words, the National issues a strictly valued policy and in the event of loss must, according to the terms of its policy, pay the face value thereof. The National also originated and included in all of its policies protection against theft without additional charge. Their business has shown a steady increase and, according to statements of the officers, their business in force during the year 1913 approximated $2,000,000.00. They have been licensed and admitted to fourteen states. A special feature that alone applies to the National is its Commercial Policy, originated and established for the sole use of the merchant and business men who have occasion to use horses for such heavy work as ice wagons and coal delivery, transfer, dray, express, etc. All other companies who heretofore insured such classes at rates varying from 9 per cent. to 12 per cent., have discontinued accepting such risks, but the National has established a policy free from all unreasonable restrictions and now protects these heavy and hazardous risks by a policy that covers death against any contagious, infectious or transmissible disease, loss from all forms 721883 A of accident due to external and violent injury and loss by theft at a rate of 6 per cent. and 7 per cent., according to the use of the animal. The National has established branch offices in Chicago and Philadelphia, and plans a nation-wide campaign for business in the near future. Standard Live Stock Insurance Company, Indianapolis, Ind.— This company was incorporated March 13, 1911, and began business January 1, 1912, at which time it succeeded the American Live Stock Insurance Company under a reinsurance contract. The purpose of this organization was to increase the number of patrons of companies offering insurance on horses, mules and cattle against death from any cause, and has shown a steady growth in its business. On January 1, 1914, it had total admitted assets of $348,619.27, with a net surplus over all liabilities of $41,262.91, and a surplus to policyholders of $286,966.24. This organization was the first to more than meet the legal require- Indiana Assessment Life, Accident and Health The Hoosier Casualty Company, under the management of C. H. Brackett, President, and C. W. Ray, Secretary-Treasurer, is an Indiana institution that every Hoosier citizen should be proud of. Its mission is to give a needed protection to every man and woman whose time is of any value to them. The policy issued by this company covers any kind of accident, all forms of sickness and death from any cause. The amount of indemnity paid varies according to occupation and premium paid. Disability benefits for loss of time due to accident or illness run from $20.00 to $100.00 per month. Indemnity for loss of life or limbs runs from $100.00 to $2,000.00. Most every one who owns personal property of any kind protects it against loss by fire; practically every person of even a reasonable business judgment would not sleep well for one night with his fire policy lapsed, and yet he realizes if he should suffer a loss by fire without protection he could regain his financial loss if he retains his health, but when he loses his health he has lost his greatest asset; then why not protect his time against loss by accident, sickness and death by carrying a policy in the Hoosier Casualty Company? This thrifty company is purely an Indiana company, as its name (HOOSIER) implies. It was organized and begun business in 1907, and has continued to grow from its inception. Being organized under the rigid Indiana Insurance Law, which provides for organizing and transacting business of life or accident, or life and accident insurance, insuring its policyholders against loss of time caused by accident or illness, also loss of limbs or sight by accident or illness, also loss of limbs or sight by accident and loss of life by illness, necessarily makes it a strong and reliable company. The Hoosier Casualty Company accepts risks and issues policies to any person in good health, male between the ages of 17 and 60, and female between 18 and 45, in any occupation except a few of the most dangerous, such as powder makers, dynamite manufacturers, seamén, etc. Accident indemnity under the Hoosier policy is payable for two years' time, should disability exist that long, and illness (acute) is covered for six months' time in one policy and twelve months' time in another. Even chronic diseases, such as rheumatism, tuberculosis (consumption), cancer, etc., are covered by all Hoosier policies for a limited time. In spite of the panic that existed when the Hoosier began business (panic of 1907), its business began to grow and has continued to grow. Its surplus is invested in Indiana securities, principally schoolhouse bonds, and part of these securities are on deposit with the insurance department of the state of Indiana, under the supervision of the State Auditor, for the purpose of guaranteeing prompt payment of claims to its policyholders. Indiana people who carry their protection in the Hoosier Casualty Company are patronizing a home company and securing the best of protection to be had. They are also assisting to keep their money in their own state, which means a reduction of the heavy taxes they are obliged to pay. Empire Health and Accident Insurance Company-Home office 308-313 Majestic Building, Indianapolis, Ind., was organized in November, 1908, by Chas. S. Drake, the president of the company and a gentleman of wide experience in the field of industrial insurance, having formerly been secretary and treasurer as well as organizer of the Kentucky Central Life and Accident Insurance Company, of Louisville, Ky. The Empire Health and Accident Insurance Company is a home company that commands the respect and esteem of the people of Indiana. Since its beginning it has been true to its mission in providing its policyholders and their beneficiaries a weekly protection in event of sickness or accident and provision for burial in event of death. This company has paid to its policyholders during the past five years over thirty-three thousand claims amounting to about one hundred and fifty thousand dollars, and is now issuing over one thousand policies a week. The character of the men who manage the company and the class of men who represent it throughout the state bespeak for it a continuance of its wonderful growth that has placed it in the front rank of Indiana companies doing a weekly health and accident business. The officers of the company are: C. S. Drake, president; J. M. Drake, secretary and treasurer, and Wm. S. Taylor, general counsel. The Indiana Travelers' Accident Association, home office State Life Building, Indianapolis, was organized and incorporated September 10, 1892, being the first association of its kind incorporated and operated under the state laws of Indiana. The object of its organization was to furnish accident insurance to commercial travelers at cost, also to assist commercial travelers in securing better railroad and hotel accommodations and such other matters that may be of interest to the commercial travelers and wholesale dealers. The official family is composed of commercial travelers who live in the city of Indianapolis, furnishing accident insurance to its members at a maximum cost of $10.00 and an average of $8.25 for twenty years. While there is a provision in the constitution and by-laws that a member meeting with accidental death before the association reaches a membership of 2,500, his beneficiary shall receive $2.00 per capita for members in good standing. With a membership of less than 900 this association paid the full benefit of $5,000.00 to beneficiary of one of its members who was killed in railroad wreck and never since its organization has it scaled down a claim or failed to pay the full amount on account of funds or took advantage of the clause of the constitution above mentioned. They have never ordered more than four assessments of $2.00 each in any one year, nor asked one minute extension of time, but, on the contrary, paid all claims promptly upon the filing of proper proof papers. It has paid out hundreds of thousands of dollars to deserving members and beneficiaries. The Indiana Travelers' Association does business under the supervision of the Insurance Department of the State of Indiana and is subject to all rules and regulations thereof. Its offcers are composed of the following: President, Chas. A. Ross, with McCune, Wiles & Ross; vice president, Geo. W. Barth; secretary, treasurer, P. B. Trone. The directors are: M. P. Lynch, vice president A. Kiefer Drug Co.; Jas. H. Newnam, with Hibben, Hollweg & Co.; Bert Cox, vice president and sales manager Dilling & Co.; Lew W. Cooper, with A. J. Meyer & Co.; John W. Korn, traffic manager Eli Lilly & Co.; P. J. O'Meara, with H. Fendrick; Jefferson Caylor, secretary-treasurer Sterling Wired Box Co. Wm. S. McMaster, chief counsel; Dr. Ralph S. Chappell, surgeon-in-chief. American Travelers Association, home office Indianapolis, Ind., was organized and incorporated January 1, 1908. The object and purpose is to furnish health and accident insurance at "actual cost." The association is conducted on the mutual assessment plan. Assessments are made on the policyholders every three months and in amounts sufficient only to pay current claims and running expenses. The business is conducted exclusively by mail, and the association has policyholders in every State and Canada. The officers are: Ransom Griffin, president; Herman F. Adam, vice-president; Hal E. Sheetz, secretary-treasurer. Directors, C. L. Hogle, A. R. Murphy, Ransom Griffin, Herman F. Adam, Hal E. Sheetz. The Wayne Health and Accident Insurance Company, of Fort Wayne, Ind.-This company was organized in October, 1910, under the laws of Indiana. Its principal place of business is Fort Wayne. The first officers were William C. Ryan, president; A. C. Gladieux, secretary and treasurer. This company under the law maintains a reserve fund deposited in banks and certified to by the bank for the protection of its policyholders. The board of directors are William C. Ryan, president, who was formerly a state senator; A. C. Gladieux, now a sheriff of Allen county, Indiana; Dr. A. E. Fauve and Frank Chauvey, wagon and carriage manufacturers of Fort Wayne; and Dr. J. F. Kaufman, of Monroeville, Indiana. The company writes all industrial business and all classes of industrial monthly insurance. Jno. W. Stroh, all of Crawfordsville. The plan was unique at he time of organization each member paying upon the basis of $1.00 each month for his insurance which was graded accrding to the age of the member at the time of entrance into the society. As the name implies the society was founded upon the story of "Ben-Hur," its ritualistic work taken from that SUPREME TRIBE BEN HUR BUILDING, Crawfordsville, Ind. masterpiece of literature by General Lew Wallace. Its nobility and the high plane upon which it was builded appealed to the better class of men and women everywhere and the society 1 grew rapidly. Indeed its growth has been phenomenal and today it has accumulated funds of over one million and one-half dollars. It has paid to the beneficiaries of deceased members almost twelve million dollars, and has more than one hundred thousand members enrolled. The present Supreme Officers in management of the society are Dr. Royal H. Gerard, supreme chief; Jno. C. Snyder, supreme scribe; S. E. Voris, supreme keeper of tribute; Dr. J. F. Davidson, supreme medical examiner, all of Crawfordsville; E. R. Bryson, Covington, Kentucky; G. H. Hazen, Boonville, Indiana, and Jno. R. Bonnell, of Crawfordsville, are members of the executive committee. The society is now operating upon an adequate rate having adopted the National Fraternal Congress Table of Mortality as its standard with four per cent. interest accumulations, and is doing business in thirty-five states of the Union. Rough Notes-This is a weekly journal devoted to the interests of insurance in all its branches. It was founded in 1878 by Dr. H. C. Martin, its present editor, with Mr. Irving Williams as associate editor for the past fifteen years. It is the only journal of its class published in Indiana. Dr. Martin, previous to the founding of "Rough Notes," had the advantage of more than twenty-one years' experience as an active field worker in life insurance, eleven of which he was Indiana state agent for a leading life insurance company, and served his company in Iowa, Minnesota, Wisconsin and Illinois for ten years before coming to Indiana as state agent. Was familiar with the insurance laws of those states, the best of which in providing reserve security for policyholders were those of Iowa. Dr. Martin, with the founding of "Rough Notes," vegan his work for the incorporation of the main features of the Iowa compulsory reserve deposit law into the Indiana insurance code, which in 1899 was so amended as to embrace the desired reserve deposit features of the Iowa deposit law, a change in the Indiana code that has resulted in the organization of more than twenty Indiana insurance companies with deposits of securities designated by the code, amounting to $30,000,000. It required several years of personal canvass and advocacy through "Rough Notes" to bring about a change in public sentiment sufficient to warrant the introduction of a bill embodying the present insurance code in the legislature, and not until 1897 was it in readiness, when it was thought wise to make a further delay of two years, during which the measure received strong advocacy from several leading local companies that had become anxious to rid themselves of the legal requirement of adding an assessment clause to each policy contract issued by them; and it was through their powerful assistance that the bill was introduced in the legislative session of 1899 and became a part of the present code. THE DK. CLARK ROBBINS SANITARIUM (with proposed addition) MOORESVILLE, IND. 'NDIANA has many Sanitariums that have become famous throughout the United States for the special treatment of the "Many Ills that Flesh is Heir To." The Dr. Clark Robbins Sanitarium at Mooresville, Ind., was established in 1885 for the special treatment without the use of the knife, ligature or caustics for that very prevelant ailment commonly known as "Piles." Thousands of patients who have visited this institution are freely giving their testimonials assuring that relief can be obtained that is positive and permanent without recourse to a painful surgical operation and with little inconvenience the fear of which is causing untold and needless suffering. A booklet containing full particulars and references will be mailed upon request. Steamship Tickets We offer a wide variety of inexpensive, short COOK TOURS CLARK TOURS We want an agent in every county Saks Building M. R. Hyman Pub. Co. INDIANAPOLIS |