Evening Republican, Volume 19, Number 4, Rensselaer, Jasper County, 5 January 1915 — STERLING INSURANCE CO PAYS FIRST DIVIDEND [ARTICLE]

STERLING INSURANCE CO PAYS FIRST DIVIDEND

Arrangements Made With the Hart ford Company For Reciprocal Business. The Sterling Fire Insurance Go., organized in Indianapolis about three years ago, will pay Its first dividend in February, which will be welcome news to several here who took stock in the company when It was. first organized. The stock was sold originally at S2O her share and for some time it has been offered on the market around sll per share. The latest developments in the affairs of the company will no doubt cause a raise in the price of the stock. Arrangements have been completed between the Sterling and the Hartford Life Insurance Companies for the reciprocal handling of busi-, ness. According to officials of the. Sterling, they will be strengthened; considerably by the arrangement,! which has also resulted in the declaration oi a 5 per cent dividend, payable in February. The officials of the Sterling Company also say that this arrangement will not affect the business in Indiana and Illinois.