Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1873-06-04

NATIONAL LIFE INSURANCE COMPANY
Within the past week this Company has
taken possession of its elegant suite of offices
IN the west second floor of the Insurance
Rnildinr on State st. The suite consists of
three rooms. The first, or working room, is
fttsi up with tasty black walnut desks, the
floor being covered with heavy English
oiI-cloth Of pleasing pattern. The middle
r,7n. which is occupied by the president
AMI vice president, and by the dire ctors for
their business meetings, is furnished with
handsome Brussels carpet, heavy black wal
mt furniture, the room itself being furnished
with native woods. Entering from this
a,artment through one of the massive
d,,rs. barring the name and workman
shin Of the American Steam Safe Co., Of
Ro.+on we find ourselves in one of the most
did substantial vaults we have ever seen.
liz walls rest on a similar vault, built
fran the cellar bottom, and are sixteen
inches in thickness, with an air space be-
tween. The floor is protected additionally
bv Z marble thing, and the whole is supposed
to he entirely ire prof, its only window
being protected by heavy wrought iron
shutters of the same manufacture as the
57,rS. The whole arrangement of the office
is admirable, and it is a very suitable loca-
-ion for an institution of which Vermon:ers
nav well feel proud. The company was
or,anizea in 1850, under the name of the
Vtrional Lie Insurance Company, of the
limited States the latter portion of which
was dropped. Its first president, Hon. VIM.
G Kittredge was soon succeeded by the
nressnt encumbent, DR.. Julius Y. Dewey,
vino has been at the helm through the
stormy portion. and presided over the latter
and more quiet part of its existence. Roger
:. How lrd, the first Secretary, follow ed by
James 7. Thurston, the second, gave place
10 Geo. W. Reed, who has been identified
with the Company as its Secretary for nearly
twenty years The Company has steadily
increased in growth, until it now ranks as
one of the leading tinancia, institution of the
State
Its assets at par have been as follows ::
Jan. l, 1858, S23,087.75 Jan. /, 1858,
1902. $40. OF: Jan. /, 1873, Sl287, 920.72.
and at the present time, at their market
value, reach the handsome sum of one and
half million dollars.
Economy in its management and good
Judgment in its investments, have so CON-
mended this Vermont Company to insurers
that we are not surprised to learn that its
business is increasing rapidly, and ia all
portions of the Northern and Western
States.
The Vice President, Hon. Charles Dewey
IS well known throughout our State and has
been long conversant with Insurance matters
having been for many years the efficient
Secretary of the Vermont Mutual Fire In.
surance Company. The Actuary, Mr.. Ed
ward Dewey, has held the position for 6
number of years, and all have confidence
that under his care the Company will KEEP
in the safest paths and not adopt any of the
commercial schemes too often made part o
Insurance business in these fast days.
1t IS certainly the part Of safe bushes:
management as well as commendable sup
port of home institutions, for Vermonters t.
do their insurance business with a hom,
establishment of this kind.