Evening Republican, Volume 15, Number 301, Rensselaer, Jasper County, 22 December 1911 — Sterling Insurance Company Will Begin Business Jan. 2. [ARTICLE]

Sterling Insurance Company Will Begin Business Jan. 2.

The new Indiana fire insurance company, tbe Sterling, of which John C. Billheimer is the president and Cyrus W. Neal, the secretary, will begin writing insurance Jan. 2nd. Agents' have' already been secured in many parts of Indiana and will be established in other places as rapidly as possible. There are quite a number of stockholders in Rensselaer. Ail of them have received letters informing them of the annual meeting of the stockholders in Indianapolis on Jan. 16th, for the purpose of electing a board for the ensuing year. President Billhetmer makes a report of the present financial investments of the company. Approximately SBO,OOO has been invested in bonds, $600,000 in mortgages, which bear 6 per cent interest in the main. Applications are on band for almost $200,000 more in loans. Deposited in banks of the state is $lB7, 191, and cash in Aland is $48,481.