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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Jan. 12, 1914)
TITE UEE: OMAHA, MONDAY, JANUARY 12, 1914. ACCI DENT HEALTH SURETY BONDS LIABIL ITY FLATE GLASS AND News from the Insurance Field LAUDS WESTERN COMPANIES Wo are issuing the most liberal poli cies consistent with good service to our patrons and honest adjustment of their losses. NATIONAL FIDELITY AND CASUALTY COMPANY OMAHA. 1 National Fidelity and Casualty Building Company's Property. Thomas W, Blackburn Describes Their Birth and Growth. ACHIEVEMENTS OF EIGHT YEARS t'omimnlri Which Comprise tho American l.lfc Convention Slnml t'p l'lrinl- AunlnM Older litntltntlniift. Thomas W. Dlackburn, secretary or the American Life convention, recently dc scribed the birth .and growth of the 100 western companies which comprise his association, as follows: , "Seeing with prophetic eye the opcnlns for the west and south and conceiving the notion that the congestion of the savings of the producers of the great fertile and prosperous land In the cast cm commercial centers was largely to blame for many of the mistakes made by managements, the American Life con vention entered the lists for a wider dis tribution of life Insurance assets as the solution of a great economic problem. "No wcll-lnformej chronicler of condi tions and events in the years subsequent to the winter when the committee of fif teen was so conspicuous will deny that sessmcnt company and scarcely a score of thi 100 companies now composing the American l.lfc convention could have se cured from any state other than Us own "a certificate of solvency and goo.1 man agement" and some of thrso were protoplamlc to n stratllng dgrce. "What has .ben wrought In less than eight years? Of tha 100 companies al ready i rf erred to a few can now be Justly condemned for any form of uneth".cnl or dangerous method of transacting busi ness. Not one policy contract Issued by any of these companies Is In danger of a default at Its nviturlty. livery chn trart Is protected with Mich fidelity that the contract holder knows nothing but a failure to pay his premiums will dc pilve h!s beneficiary of Its protection. Not only so, but there Is no giant cor poration rngaged In the business which bul'ds more surely upon the foundntlnn of legal reserve than Its baby competi tor not yet out of Its swaddling clothes. Dollar for dollar the young company shows with actuarial accuracy that Its ; if sources arc proportionately larger than those of Its neighbor, older, stronger in volume and greater In reputation." XHCBEASXNO ITS rOBCXJ. In the last two months THE MID- AVKST I.TWIi! lion i. .!.. agency force by adding to It such men somc unfortunate errors occurred In nd s J- . ftiocKett. Jr.; George McPher son. Arthur McPherson. Mnrtln Tvli. rinko and Henry Levi, nil of Lincoln The lust two will commence work on January 1st, 1914. This company has need of four or five capable and earnest men to develop northeastern Nebraska. Previous ex perience In selling insurance Is not nec essary. It has excellent policies and a very liberal Agent's Contract, and only ,ono contract for every agent. The ini tial commissions are based upon the vol ume of business written each year, and renewal commissions are based upon the volume of premium paying business In force. For additional lnformatloitcall or write The Midwest Life N. Z. SNKLL, PjiehiduNT A NEBRASKA TOCK COMPANY SEU1NG NO-PARIICIPATINO LIFE INSURANCE ONLY FIRST NATIONAL BANK BUILDING, LINCOLN OMAHA AGENCY CITY NATIONAI. BANE BUrLDINO. BEOBOB CROCKER, F. A. FINNEY, General Agents. Justing the new conditions Incident to an unexpected and unusual expansion of commercial endeavor, through the crea tion of numerous llfo Insurance com panies. However, granting there Is .basis Accumulated Assets of Bankers Reserve Indicate Prosperity Once a year a group of public account ants Invade one of the big safety deposit vaults of Omaha and In the presence of the company officials count . a big pile Casualty Agents Secure Modification of New York Ordei Casualty Insurance agents of the covin try won their fight for modification o the expense ruling of the New York In stirance depaitmenl, which sharply Urn Ittd their comnilstlous. At the conler enco-in Chicago Inst week, a Joint com mltteo representing the agents, thu broit ers nnd the companion reported a conv promise plan of limitation much lest drastic than tho original. Insurance Su perintendent Kmmet of New York, wht was chairman of the conference promptly announced that this met hit views, and Hint hW order would bo modi fied to correspond. Tho committee report recommended an acquisition expense In compensation states of not moro than i'M per cent on compensation and employers liability business; In other states on employers liability not more than 25 per cent. In all states on all liability business other than workmen's compensation and employers' liability the cost shall not lo more than 2B er cent. Summary of Fires For the Year of 1913 THE BANKERS RESERVE LIFE CO. BASCOM H. ROBISON, President HOME OFFICE, OMAHA, NEBRASKA. Tho cltv fire department, repoitlng Ut for the bitter criticisms of publishers who j of sccurlt'es comproslng tho accumulated j operations from January 1 to December 1 .1, Ing young companies, and green goggles when peeping at the skyscraper Institu tions of more mature years, nevertheless pony, of this city. This Interesting ovont happened a day or two ago, and the book account covering these securities tallied every candid man must numu inai uiu mm mu uuuiuiiimiib uh-hiwiui, i vtm. west and south have greatly profited ' Tho. total valuo Is JI.292.7SO.02. Tho report bv the organization of these local hM of thp auditor of the company shows the Insurance companies. I net Kll'n f assets for the year was $550.- "When the American Life convention 534.3.'., which In one sense measures the J came Into being there were but few legal ! growth of the company during tho year. I reserve life companies west of Phlladel- j The. auditor's report also shows that the I nhla which could claim to have achieved total Income was $1,383,324.97, which covers any degree of permanent success. Lesn j the Interest Income from securities held, than fifty companies In all the west and j lDii.MS.04. Th's latter amount, by the them- way, exceeds mo death losses by jlii.tiiU.TU. south had ventured to announce selves as competitors In this highly com petitive field of endeavor. The greatest of the western Institutions was an as- I A NEW YEAR'S RESOLUTION; If your neighbor would pay you tho premium charged by tho Great Western, could you afford to give him tho protec tion which Its policies provide? If not, can you afford to carry your own Insurance? Of course not. Then this should bo your New Year'3 Resolution: Ilcsolvcd, That In the future 1 will carry my health and accident Insurance with the G It EAT WESTEItN. ARE YOU INSURED? M. O. Wilhelm, Manager NEW BAIRD BUILDING, 17TH and DOUGLAS STS. Phone Douglas 3316 SALESMEN WANTED The total paid to beneficiaries and policy holders Is J417,CI0.76. Another Item of in terest Is tho large sum paid to policy holders In dividends, fl3O,078.SG. It was a year of progress and prosperity for this stalwart western life company. GILBERT A. SMITH ENTERS WORK FOR NEW YORK LIFE After thirty-three years of t' ort In the field. Gilbert A. Smith, well known in Omaha, has retired from agency work to enter the domain of finance, for which his habits of mind and training have pe culiarly fitted him, nnd with the begin ning of the new year will be In charge of the New York Life's business In farm mortgage loans, recently established, with headquarters at Chicago, "See Vesy Before You Slip" ACCIDENT INSURANCE TYLER 861 MODERN WOODMEN OF AMERICA OFFICIAL ANNOUNCEMENT To Our Members: Notwithstanding the numerous nssurances given the members of our Society by tho Executive Council that the Chicago rates would not be put In force, some members seem to believe that if the cases appealed to higher courts aro reversed, the Executive Council will Immediately, and before the next Head Camp, put the Chicago rates into force. Such belief Is not In ac cordance with the facts and official action taken. The cases appealed from the injunction decrees of the lower courts In Iowa and Illinois to the higher courts are appealed for the purpose of having these courts of last resort define the powers and rights of the Modern "Woodmen of America under our charter, to modify or change rates, if the membership should so desire. There Is no purpose on the part of the Executive Council to enforce these rates even If the court authorized It. The Executive Councllbelleves In the right and power of the mem bership of our Society to conduct its affairs, and If these cases are reversed the membership will have such right, J, Therefore, let It bo understood once more and forever that by order of Court as well as the pledge and agreement of the. Head Officers of the Modern Wood men of America and tills official proclamation of the Executive Council, the rate question In our Society is left entirely to the Judgment and wishes of the mem bership. A. It. TALBOT, Head Consul. C. W. IIAWES, Head Clerk. A N. BOUT. r E. E. MURPHY, It. R, SMITH. - Directors, i ' - JF. It! KOItNS, S. a. TANNER, V. Executive Council, M. W. of A. liiHiirnni'c Notes. The medical section of the American Lift) convention will hold Its mid-year meeting at French Lick, lnd., March 4, 5 and 6 of this year. Legal action Is threatened In New York state to test the right of the Independ ent Order of Foresters of Toronto to" at tach "a lien to pollcles'ln order- to meet extra assessments. Tli3 National Assurance of New Al bany. Ind., has taken over tho business of the Ind'ana Life Endowment of Evansvllle, which recently went Into the hands of a receiver. Three new workmen's compensation acts went Into foice January 1 In New York, Ohio and Connecticut, although the payment of compensation under the New lork law coes not begin until July 1. District agencies of the flro companies, having branches In the" country towns, re port tno nest Business in months, coun try merchants have stocked up heavily for next year and consequently are gen erally increasing tho amount of Insur ance carried. The Michigan supreme court has given Its first decision In the case affecting the Industrial board, which enforces the compensation law of the state. The de cision holds that the board is Judge of Its own cases unless some law point in volving constitutionality Is concerned, so that the findings of the state board arc not reviewable by a court, except on points of law. It Is estimated that the. property losses due to flro In 1013 amounted to about. fUO.000,000. Thero were striking reduc tions In the number of fires In the -large clt'cs during tho year and there was no fire which reached the proportions of a conflagration. At the samo time there was an Increase In the number of small' mercantile anu uwcuiug urea in mc smaller communities and a nincrensa also in the valuo of property burned. 4 Characteristic Western Service This is what you get when tho "Lion" writes your bond. No delay, no red tape. No better servico In tho WORLD on SURETY BONDS and you can get at our HOME OFFICE here In OMAHA. Lion Bonding & Surety Co. ' 9th Floor W, O. W. Bldg. Phone Douglas 678. We don"t want much, Just tho "Lion's Share.'" Your Insurance Business Can be advertised as profitably as any branch . of merchandising. TRY IT on The Bee's Insurance Page THE SECURITY MUTUAL LIFE INSURANCE CO., ' of Lincoln, inputting out now policies that furnish tho greatest amount of life insurance at the least cost. of Inst year, discloses n period ot un usual activity and one marked by his fires and correspondingly thorough am big work. Following Is n summary o! the principal Items of the report: Iosr to buildings nnd content. $357,313. Total number ot alarms, 92. Total mimtar ot fires, M'fl. Loading cause of fires, gasoline stove explosions. Largest fire, Dewey hotel; loss $17,000. Loss of life from fire, six. Number Injured in fires, twenty-three. A Record of Progress and Prosperity THE RESULTS OF 1913 Total Income. $1,383,324.97. -Interest Income. S196.548.04. Dividends Paid to Policy-holders. S130.678.36. Death Losses Paid, S179.875.25. Paid to Beneficiaries and Policy-holders, total S417.640.76 Interest Income Exceeds Death Losses by S16.672.79 Net Gain in Assets. S590.534.35. Total Accumulated Assets S4.292.750.02. Policies Issued and Revived. S5.335.369.00. Business in force December 31. 1913. S32.039.908.89. All bonds, mortgages and other assets have been counted and every book item has been audited and certified to be correct by certified public accountants. Excellent agency positions arc open to salesmen wishing to increase their incomes ACCIDENT OF THE WEEK Review of Do. Accident Headlines for last Wtsk, Accident Iniuranc. Showing tli. Necessity of SBYEHTY-FIYEMEH DROWN Barge Containing Hundred laborers Wrecked on Frazer River. ONLY TWENTY-FIVE ESCAPE I'cw "Who "Were Alilr to Strlm In the llrmliiK Current Art llmljy Mut tered null Ilrulsi'il limit Dnnhi'il to I'lccrs, In TANK SHIP BREAKS IN TWO Steamship Oklahoma is Lost Near New York Harbor. FIVE MORE MEN ARE PICKED UP Thirteen ItcMMiril, Mine Known to lie Demi nnd Slxlern MIhnIiik Throe Mrn Found Ilentl In Mf client t by Cutter. Frank Dudley Killed When Auto Upsets Three Men Fall Into , Icy Water When Scaffold Breaks General Manager is Injured in Wreck CLEANING GUN, KILLS HIS BRIDE OF A FEW MONTHS Crack Army Polo Player-Dies of Injury Mrs, Alice Beach is Hurt in Kalamazoo Death Duo to Accident William TWENTY-TWO MEN DROWN Tank Line Ship Oklahoma Down Off New York. Qoes A llttlo illp, An Income (topped Had he Insured A heavy fall, A month or two, neforo tha fall, A broken limb, A dootor'e bill, TKH TRiVELERC would Ho, that's not all! The rent past due. Have paid it all. MORAL I INSURE IN THE TRAVBLBEB. "The Insurance Man." City national Bank Bulldinff. TOM KELLY, Tyler 061. rf- EIOHT MEN ARE RESCUED Mtrnnit'r HrconirM Ul.nlilril In Storm nml AlthotiKh Several Ship Were Hlnmllnir Hy, llmonc of All AViiM Impossible. Five Persons Burned to Death in a Small Hotel at Newark, 0. Four Sailors from Battleship Drown as Cutter Upsets FIFTEEN PERSONS HURT IN STREET CAR COLLISIO" SWITCH ENVELOPE SWINDLE George Ashoroft Loses Ten Dollars and His $25 Watch. " NOVELTY IN FAIRY TALE LINE Smooth Slrnncer Inilnc" Mnn to Let Illm Mull Money nml Thru Una ThliiK" CSoIiik 111 Way. Foreign Notes Several American cities will participate In the Lyons Urban exposition to be held from May 1 to November 1, this year, among them New York. Chicago. Cleve. land and Detroit, and posslblv WaiihlnK- i he could fill the bill. , ion, nan i-rancisco anu nosion. There was a tumultuous scene In the senate at Lisbon yesterday when Joao Jose Dc Pre tan rot 10 offer an inter pellation In which he chanced the pre mier. Dr. Alfonso Costa, with dishonesty and with liavinK used his Influence as a r.Mntster of the provisional cavemmcnr , y favor his clients In his practice )f ia.w. In spite of the fact that George Ash croft, 403 North Nineteenth street, Is more than 40 years 'old anil has spent the greater part of his life In cities, he fell the victim of a confidence game last week, and that so easily that he did not fully realize his error until yesterday. Ashcroft was out of work late In De cember and jobs were not plentiful, even In prosperous Omaha. In a North Six teenth street pool hall he overheard a stranger talking about his llfo as a for ester In "Wyoming In the employ of the fcovernment. During "tho winters, he ex plained to his little audience, he trapped for a living, and then went to work for the government as spring opened up. lie said it was lonesome up there in Wy oming where he did his trapping, and that though he had a good layout he would be willing to pay railroad fare amounting to nearly I0 If he could get a good man to go up there with him. Ashcroft began to be Interested. The affable stranger further said that he had had two disagreeable experiences this fall with men. He told how after he had paid their car faro to the nenrest railroad town tho men balked at gdlng eomo fifty miles from the station, to bury themselves for three or four montha In the mountains where they did their trapping. Kxerc-lnen Crnnt Cure, Ashcroft was square, and ho believed When the oppor tunity presented Itself he asked the stranger moro about the work. The stranser had been the victim of two bad men, ho said, and he was going to be very careful about the next man. More it was decided that Ashcroft mall $10 to himself and send It by registered Jctter to an Inland postofflce, some fifty miles away from the railroad, and not so far from the place they would trap. This, reasoned tho elranger, would Insure Ash croft's making the trip from the Utah town to the camp In Wyoming. GoIiik Into a North Sixteenth street saloon, the stranger took a stamped en velope from his pocket nnd thereon him self wrote Ashcroft's nnie and address. Ashcroft placed two $5 bllla In the en velope. Tho stranger scaled it and placed tho envelop In his pocket. Going to the postofflce together, tho men regis tered It and placed It in the malls. I,oneH Will r;i una Mnn, Then Ashcroft told the stranger about having put his $25 watch in pawn for .S0, and asked If tho stranger would get It out of pawn, and allow him to redeem It when they got their trapping business onto a paying bafls. Tho stranger agreed to do that, and gutting the watch out of pawn, the stranger paying the V.W. he put tho watch In his pocket. That was the last Ashcroft saw ot either the watch or the man. They were to meet tho noxt morning at the Union station, and board the train for Wyoming. Ashcroft was there with his clothes In a grip, hut the stranger failed to appear. Ashcroft waited most of tho day. The following morning, he began to think his new friend had met with foul play. Ho appealed to the pollco who heard tho story with a smile, and advUed the man to go to the United States officials with his troubles. United States Marshal W, P. Wurner heard tho utory, and then telegraphed tho jiostimifcter nt Bejlford, Wyo to hold the icslstercd letter, -arul ioturi It to Omaha. Yesterduy theregistered letter, which tho stranger had'tHldrossed to Ash croft came back to Omaha. IIo hrough' It to the United StatosTmarshare offlco In the f jderul building and there opened It In tho pimon'.'o of Marshal Warner. In side the envelope were seven sheets of paper. On one of them was the core of two pitch games. There was no monoy In the letter. lino Trick Wim Turiit-il. Then Ashirolt began to think carried It In his pocket from the soon to the postofflce. It seemed that the. stranger had two envelopes, exactly alllio, and that he had switched them on Ash croft on tho way to the postoffiro. "How I'd like to meet that fellow again," exclaimed Ashcroft us he stared at the blank sheets of paper lying on the table before him. And bo it known, Ashcroft is same six feet tall, and fehoiild tip the scales to 193 with ease. Guarantee Fund Life Association OMAHA, NHHKASKA. Organized January 2, 1002. Assets, January 1, 1914 $1,319,481.68 Reserve Fund 1,079,377.44 First Mortgage Farm Loans 656,297.50 Kntlrb AsMjt Arc 1'k-dKert to Sccuro Policyholders. Policies provido death, dlsabllllty and old ago benefits, and are Incontestable after two years from tholr date. Unselfish men dostrc Ufo Insuranco for protection for tho family. That Is tho only kind of a policy we Ibbuo. Men only, 21 to BO years, aro eligible Since moBt men dealro llfo Inuuranco mainly for protection, why not buy a policy that will beat'nervo your needs? Rate per $1,000 Insurance, ngo 35 yoare, $13.30. Guaranteed by ontlro assots, Other nges In snmo proportion. Home Office :-: :: Brandeis Bldg. Phono Douglas 7021. There Is a Standard In Everything Tho General Insurance Agency with the lurgest put ronuge, must necessarily npproach tho standard of ser vice companies, and general reliability "perhaps this ox plains our position at tho top." Foster-Barker Company Brandeis Bldg. Phone Doug. 29 Missouri State Life ST. LOUIS, MO. Offers Its revised agonta' contract and paying territory, with some Irresistible policies, to men who know and do. They are all coming our way. Write J, E. AUSTIN, General Agent, 894 Brandeis Building. . OMAHA. llncUlen'n Arnica Snlvr Should be In every home, ready to ap ply to alf burns, bruises, sores, cuts and I scalds, heals quickly, 25c. All druggists, Advertisement, Persistent Advertising is trie Road nig Returns. to Car Company Enjoins Missouri Pacific Because the Missouri Pacific Hallway company sought to disturb the. street railway company's tracks on Lcav worth, between Thirty-ninth and Kortl eth streets Haturday afternoon. It was enjoined from crossing the street with tho double track It Is laying along the belt line. About a ar ago the street car company gave the road the right to cross Its tracks provided the rights of street car patrons wero not Injured, At 2 o'clock Saturday afternoon tt gnng of Missouri Pacific laborers appeared at the crossing and started tearing up the tracks. Officials of the street car company wero Informed and a restrain ing order was secured in district court. Ilefore deciding on your hindr ance 'phone D. 1275, and bbk 0 about me new iKl low a o s t, all guaranteed poi 'icles. all plutiw. U I r e uiinueu Payments, 13 n d o w m c n t s. Joint or Part nership. Corpo ration and Monthly Income or Pen sion Policies. . ... Th Prudsntial Ins, Co, of America, Inc. as a Stock Co.. by New .leraey. VL DBUOE CAHFEHTEH, Mir. lor Ncbrjrdta and Houth Dakota, S19-33 City Wat'l nank Bldg, Omaha "State Mutual Life" CF WORCESTER, MASS. OKEGF THE CLEEST 89 YEARS nml llcst Companies ou Kurtli. W. H. INDOE General Agent 052 lice lllds. OMAHA. way ' ( reet , ,-en-jj 213 SUR AIM CE KlltK, TOUN.UIO, AUTOMOlllMJ, PLATE GLASS, BOILUK, nUUGI.AUV, 1IKALTH nnd ACCIDENT. ALFRED C. KENNEDY Ulll) l ii'Kt National Uattk r.iilhllug. Plmno Douglas 722. 1914 1914 Who Knows What tho New Year Will Ilrliifj to You or Me? Protect youi' far.'lly with n policy In THE NATIONAL LIKE. j. v. o i vaii-, i i, 403 pAJtTOir BLOCK. 1914 1914 llmv to ('ren'iit lllllliiiiH Attack. "Coming events cash I heir shadows be fore." This lit especially true of bilious ' attacks. Your appetite will fall, you will; feel dull and lanquld. If you are subject j to bilious attaoks take three of Cham- I bcrlaln's Tablet as soon as these nymp toms appear and the attack may b warded off. For sale by all dealers. Advertisement. The rerslsti'tit n: JuCiclous Use conversation followed and finally, Just' Then Ashiroft began to think. The' Newspaper Advertising is thy lloud to nhqw that h? would go til the way, J ttrunger had addressed the envelope, and Business Success Fortune or success have often come through a little want ad. Have you read the want ads yet today?