Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1864-02-08
Larger Assets than any FIRE Insurance Company
in the United States

We published in last number the address
delivered last spring, BY President Martin before
the directors and stockholders OF this famous
corporation IL was then our intention TO review
this address, and to rehearse the progress and
success OF this company up 10 the date OF is
tenth anniversary But much has been
cOmplished by is indefatigable officers since that
time. that il would be overlooking import
ant successes and more splendid trumphs were
We now 10 revert even 10 the bright record OF the
brilliant past Our space Is therefore more mp
prOpriately devoted TO the record of its more re-
cent prosperity. Thatany insurance corporation
should possess "A capital OF one million OF dollars.
Is in itself an astonishing fact so greatly does
this sum exceed the capital ordinarily employ ell.
But when such corporation increases It's capital,
at one bound from one To two millions, it simply
astonnds the observer and makes him more than
ever inclined to inquire into the grounds and the
methods of such prosperity. And what il the
secret of this remarkable SUGGEST liz consists in
the fact that the officers OF the Home determined
at the outset TO make their &C mpany the foremost
undertaking ia the natioD-tO make it known
and trusted. and esteemed and admired every
where. And they have faithfully labored for the
attainment of this end. They increased their
capital from 100000 to ST. 900 900. and they
found that the million capital would paw. and
now they have increased il 10 two millions
When we state that during the year 1868, The
Home received in premiums the sum of i ,2o6,-
900; that the dividends declared on It's capital
stock of 81 900 900 amounted TO 100000: that
it has gross surplus of 81 2l0, 4S7 %. the intel
ligent reader perceives at once that its directors
were wise in trusting to the principle of doing
business large and constantly increasing
capital. The officers were unanimous for the
increase, and experience demonstrates that they
were right aud that the attributes of success
side in large stock capital well managed.
The prosperity OF the Home is not alone attri-
butable to its large capital. The skill, fidelity,
aSslduous attention and experience OF It's officers,
have largely contributed the result
brilliantly evident The able report OF President
Martin testfes his talent-he needs no commend
alton from Us There it, in that document. ex
perience the most ample and thorough as to the
character aud history of fire Insurance in this
city-ripe judgment, dignity. taste-all the to
kenS of eminent capacity for Al eminent position.
Nor is the President destitute OF worthy CO.
workers Mr.. Willmarth the vice president Of
the Home Is officer OF great ability aud ex
tensve and minute knowledge of the insurance
business. As such indeed he is thoroughly
known and highly appreciated by the entire m
suraHce fraternity
Moreover the Home has strengthened itself in
public confidence by its prompt payment of loss
es. aud its avoidance OF It's litigation 1t has had
very few suits at law, and has been uniformly
successful in all Of them.
The existence in the metropolis of America, OF
such corporation the Home. i, a national
honor and should be Il source Of pride aud pleas
ure To all Who appreciate the worth oi solid. dig
niiied. benehceut institutions. We honor II,
therefore most heartily for its wisdom, IT. ber-
alitv its energy anu its success in a great and
worthy work = Insurance Monitor.
The Home j. of the most responsible
| fire insurance companies in the country. From
our knowledge of the gentlemen connected with
its management and the character OF the COM
! pany. We can most confidently commend il as in
every way deserving of public confidence
/ MeSsrs MlrtindaIe & Grubbs are the agents for
/ the Home" ia this city