The Evansville journal. [volume] (Evansville, Ind.) 1866-1870, 1870-05-30
LOCAL NOTICES.
The Andes Insurance CompanE,

1UO AH0tS 1nBuF6uCS COmpa0Fs
The public are familiar with the
facts connected with the retirement
of j. b. Bennett, Esq, from the con-
troll of the Weste Branch of the
Hftna Insurance Company In Cincin-
natl They also know that the won
derful success that the Hf'na has en-
joyed since 1853, when its stock went
begging at less than seventy cents
on the dollar, has been chiefly due to
the mastery management of Mr.. Ben
nett. During his connection with the
Htna, extending over a period of six
teen and quarter years, MIR. Bennett
transacted a business at this branch
of nearly $21 600, 900; the total of all
expenses were less than 80 per cent.
on premiums; while the net cash re-
mitted to the home Office amounted
to the respectable sum of 1857
691 81.
Underwriters all over the world
understand that tho success of the
Hftna Insurance Company was due
almost entirely to the superior judg-
ment and wonderful business capacl-
ty of Mr.. Bennett. And that success
was achieved. too. before MIR. Ben
nett had hardly reached the prime of
life. From seventy-five cents on the
dollar, he advanced the ACtna stock
to 220, gave it a reputation and in
| f1uence first among Americas Fire
Insurance Companies, and made the
owners of its stock rich.
Although possessed OF an ample
fortune, and reputation as the fore
most underwater IL the country, Mr..
Bennett does not propose 30 remain
idle. Upon his retirement from the
Rtna Branch. Ae Immediately set to
work to organize Western Insurance
Company, taat should, In all the es
sentials Cd capital. executive man.
agement ard public confidence. take
rank as "a. l." For this purpose
Messrs- r. BUCHANAN, JOSEPH c.
| BUTLER, A. ID. BULLOCK, SAMUEL NJ
| MURPHY, ALFRED GATHER. II. A
Y. Posi-, ROBERT MITCHELL. Angus
! TUs. VESSEL. ALEXANDER LONG, u.
| w. MOULToN, and j. B. BENNETT
associated themselves together, pro-
cured q charter for a Joint Stock
Insurance Company. under the laws
| of Ohio, for the establishing of the
ANDES INSURANCE COMPANY"
with Capital Stock of Que million
dollars, to be paid up. The Office of
| the Company has been located at No.
118 West Fourth Street, Cincinnati,
| Ohio.
The oorporators are among the
most wealthy and respected citizens
of Cincinnati. Each of them will
put a large amount of cash capita,
into the Andes stock, while Mr.. Be'n
| nett, whose investment will be V6 IT
heavy, will devote his exclusive att en-
ton TO its management and sue cess
Once at its head, handsome res guits
stability, sterling quality and grim
work are guaranteed.
The stock of the Company Is al
vided in $4,000 shares, at $40 Zach.
OF the sum of $4,000 Capita
Stock of the ANDES allotted. to Ev
ansviIle, few shares remain. Anon
the subscribers are Sam'l > q. GiIbert
Samuel Orr, Matthew Da lzell, Sam
uel Bayard. Edward Bo' Eles, Jane
Phelan, M. J. Bray, Tho =. +. Garvir
Charles DENLY, E. B. Morgan an,
many others, to whoI a reference
| made for the desirable ness of the In
vestment. No better opportunity fo
investment was ever offered In thi
city. Ii starts at pa r, and will Ger
tainly be worth frol n 115 to 120, i
less than eighteen nonths.
Persons desiring TO subscribe vii
please call at ID aEw's INsURANC
AGENCY, today.