The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1874-07-30
MISSOURI VALLEY LIFE.
The Annual Meeting of the Rep
resentatives Of the Policy
Holders.
They Investigate Thoroughly
The Affairs of the Com
paDy.
Reports Complimentary to the
Management of this Flour
iShing Institution.

The Boarl of Trustees Of the Missouri
Valley Life Insurance Comp,ny, composed
of the presidents of the branch Offices Of the
company, held its regular meeting on the
% I and 23d days of July, 1874.
The board Is created by the Oh arter Of the
company ,.tor the purpose of giving it, pol
icv holders q voice in the management Of it's
rfi,i,s, and an opportunity of examining
into the condition and standing of the COM
psny. A trustee or representative is elected
from among their own number blythe policy
holders of each locality (havipg the amount
Of insura ice required in the regulations of
the comp,uy. to entit'e them to such repre-.
-snta;iop), and it is made the duty of such
trus ees to meet a. the home Office of toe
comp my, 4, least once in each year, for the
purpose above stated. Pursuant to this
regulation. the annual Injecting of the true.
tees was iell a, the ofii of the company,
on the days above mentioned.
The Hon +. J. Hsldermap, of Cincinnati,
OHIO, wac elected chairman, and the Hon
Thomas G.bson. of Nebraska, secretary.
A committee of SIX we're appointed to ex-
anime into the condition and management
OF the conpany's affair. The chair appoint
ed on said committee. A. c. Duubar, of
south Bend. indiana; S. " Bradbury, Of
Ind,anapoii-: A. FOllett, of Sioux City,
Iowa; H. Ruff OF Quincy, Illinois; Johna-
than smith, Of Hannibal, No; Hon. J. IL.
Burdick, of Ianktor, Dakotah.
A committee Of three were appointed 10
investigate the condition of registered pc ic-
les; q. w. F. Kinney, Of Columbus, Ne
bIassa; Z. II. Mclaughlin, of Denver, Col
orado; and A. q. Clv:ns, Of Bloomfield, In.
diana. were appointed on said committee.
The meeting then adjouraed to Thur,day,
70 give the commit zee time to make their
Investigations and reports. Pursuant to ad-
iournu 1t. the Board met to hear the re-
por's of the several committees, when tie
Committee on M,nss. ment and Condition
" the company, after a mrst Careful exam
inriop, suhmi'ted the fo!iowin; report
which was adopted:
Rrra.r OF THE cnNsIrrEE on CONDITION Ann
MANAGEMENT.
TIE undersigned committee, apy nintsd hy the
Pc ard Of trustees of tue MiSsyGri NIlly Lie In
surance Company At the July meeting 1874 for
the purpose Of examining into the CO ditto, and
nana q ment Of said Company, report rs folio.
That We have examined the books re ,,ds ana
accounts Of said Company and fird tina. they have
been care July and accurately kept.
That the receipts Of the Z mp any, particu, srly
for the last xix mo- tbs, to which tune we have
| mainly confined our examinat on on that branch
have bsen largey in excess Of expenses and ois-
burseme t., and re are fully nvircud that the
Company is on . sound q financial basis, and that
its affairs are being mana ,ed With cne, econom '
| and ability.
i That the amount Of salaries paid 10 officers I'd
| clerks Is but fair and reasonable compensation
tor the services rendered.
\ From our examination Of the laans inside and
l securities held by the Company, We satisfied
| that the ofhcen ard unarce CIV mitt.e rave used
gre Il care and good juisnelt IL the investment o.
| the funds, aud ~e approve the plan adopted il
| m al ing such Investments, and recommend tn a
| contin ue1 diligence Aud scr~ii:y Ia the exami.
ration tties and values OF securities o0ered fu
loans Be exercised.
| We congratulate tie o.icen and Direcfnrv upor
the com petion Of the ONCE Guiding In this cry
le;;esing as dc, that the investment viii prov,
peo6,able one to the Company.
We may add in closin, this report that our in
vestieation has been - thorough n ve we're abl
70 make is, and With dete-nina,iCn 10 know Ii,
| character Of the insurance held By ourselves ana
thcse whom ve represent. anA In U in vestigafioI
ve have had the h.arty co-Opefati"u and assist
EBAY J. l. J"ees. who have essmsa gisd % a6ov,
ali necessary fac lites u their command for tn
J esecution Of our trust.
Il A. s xB.s, south Bend hd.,
HksKY RUIZ. QWncy, HIS =
J. L FoL.krr. SO Il City, Iowa.
DIN BnADsvsY. Indian polis, Ina.
II JoxArHA. mi ~, Hannibal, Ne,
RI J. H. BuaDlcx, fanktoo, D. T.,
] LkayuMosu, KAx.. July "a. lsSS.