Jasper County Democrat, Rensselaer, Jasper County, 2 January 1902 — The Reserve Loan Life Insurance Company of Indianapolis. [ARTICLE]

The Reserve Loan Life Insurance Company of Indianapolis.

Amonj the growing financial Institutions of this state we may reckon The Reserve Loan Life Insurance Company, which is Incorporated under the compulsory reserve deposit law of Indiana, act of 6199—a distinctively "old line” Insurance law. In Its energetio and aggressive canvass for business the management Is attracting especial attention, expressing the push and progress of western activity. Under the provisions of the 1899 law It Is making Its Investments altogether in first mortgages on Indiana real estate and depositing Its securities with the auditor of state for the protection of all of Its pol-icy-holders to the full reserve liability on all of its policies. Little can be added to what has already been said In praise of the wisdom of our law-makers In enacting the compulsory reserve deposit law. As stated before, It Is an "old line” law, with the addition that greater security It given to policy-holders under It than Is given by the “old line" laws of other states, the state of Indiana, under such law, holding in trust In approved securities an amount at all times equal to the entire reserve liabilities of the company. The enactment of this law further gives general notice that the state of Indiana Is looking sharply to developing and fostering financial Institutions equal to those of her sister states by putting her life Insurance companies on an absolutely secure foundation, beyond successful attack by the companies of other states tor their agents. Every one who will read Intelligently the provisions of the law referred to will not question the absolute sedNrity of his Investment when taking a Alley In a company organized under this Big. The management of The Reserve! lAan Life Insurance Company Is well Itnowo, not only In Indiana, but all ovir the country, having organized and developed the largest accident insurance association In the United States. The success ofc that enterprise, as Is the case with all suN?esaful enterprises, was due to Intelligence and well-directed energy, and these qualities dominate the management of Tlie Reserve Loan Life Insuranoe Company, with the ripened experience of years n the conduct of insurance affairs. Tbs company's officers are: Chalmers Brown, president; W. K. Beilis, secretary; Ch*s-

ter J McPherson, actuary and assistant aecretary; M. M. Crabili, assistant superintendent of agents; Hon. W. A. Ketcham, general counsel; Guilford A. Deltch, general attorney, and Dr. J. L Larway, medical director. The offices of the company occupy a good part of the third floor of the Tngails building, one of our large office buildings, on the corner of Washington and Pennsylvania streets, a visit to which st any time discloses an active and busy scene. Accident Insurance. Indiana has an association doing accident insurance that Is worthy of the patronage of its citizens. We refer to the Commercial travelers’ mutual accident association, which has its offices at 710 Stevenson building, Indianapolis. The association was organized in 1892 and has since carried on the accident Insurance business with steady success. The assessments, when made, are only $2 and the cost per member, annually, has never exceeded $lO, while all Just claims have been promptly and fully paid. There were at the time of filing the last annual report no outstanding liabilities, and the association had on hand In the Indianapolis banks $6,601.73.- The association has paid since its organization up to July 1, 1901, 640 claims, amounting to $41,246.47. The association is composed ol commercial travelers in all parts of the United States. The president, Mr. Robert R. Walden. Is a native Hoosier, and has been a successful traveling salesman for the Layman-Carey hardware company of Indianapolis for thirty-one years past. Mr. John A. Dugan is vicepresident, and for more than twenty years has represented Hollweg & Reese, the veteran queensware dealers. Carey McPherson, secretary-treasurer, was a traveler in the grocery line for thirty years. The directors are James H. Newman, with Hlbben, Hollweg & Co., wholesale dry goods; Lew W. Cooper of W. D. Cooper shoe company; George W. Barth, representing Samuel Ach & Co., wholesale milliners, Cincinnati, O.; W. D. Harvey, manager Webber, Burton company, manufacturer* of lodge regalia; J, 11. Stubbs of the Indianapolis shoe company; C. A. Ross of the Grocers’ supply company: Jefferson Caylor, with the W. D. Cooper ahoe company, and W. H. Nicolea, .with the Creacent paper company. Tho standing In this community of these gentlemen Is sufficient to guarantee fair treatment to the members of the association, and every commercial * traveler and business man in the state should encourage It by-taking out a membership certificate, as ita object Is to give accident Insurance at actual coat.