Press and daily Dakotaian. (Yankton, Dakota Territory [S.D.]) 1880-1889, 1886-10-25

brought to 1t their general patronage
They saw that the Yankton was an In
surance company-one conducted will
the purpose of meeting Its obligation,
and compensating its suffering custom
ers down to the last cent of their homes
dues. This reputation, so fairly earned
has always been maintained and there i.
not upon the record OF the past u singl,
instance wherein the Yankton has at
tempted to evade or delay payment
upon a loss. The money is always ready
before the ashes are cold.
BUSINESS INCREAsE
So 1t Is not surprising that the Yank-
ton has prospered for itself and for its
customers. Each years transactions
show a large increase over the transac.
tions of the preceding year. For ok
ample the premium receipts for the year
1888 were q little oyer $4,000. For the
nine months of 1886 ending with the
close ofSeptember, the premium receipts
were $4,000 and within that period 1000
more policies were written than in 1886.
The current year will run the pre-
MUM receipts up to a round
SIOU,OUO, and If the ratio Of increase con-
tlnues the business will nearly double
itself each year. This can occur under
the %ludicious management which now
controls the destinies of the company
and the luHexible rule to pay all losses
without delay or attempted evasion of
liability.
There have been in the field SO many
insurance companies organized for the
purpose of collecting premiums and
avoiding payment of losses through the
manv available teohnicalities, that the
honest intentions of the Yankton gives it
a place IN the confidence of the public.
This is the secret of its rapidly increas-
ing popularity and its expanding bust.
year show q remarkable growth when
the class of insurance 1t seeks and re-
ceives is taken into consideration. Com
panles which deal indiscrlminately In
farm and city property might show q
greater record of receipts, but they
would also show a much larger proper
ton of losses than the Yankton.
AFE BUSINESS
is the kind which calls in the patronage
of the farming element. Absolute Sc
curity against loss is what they demand
and after they have paid in their pre-
miums they want to feel assured that
the little they have accumulated by hard
labor is not to be swept away by conha-
grafton and false promises. The bust
ness of the Yankton is conducted upon
the most conservative plan and the ut
most care is exercised. The ratio CT
losses to permium receipts is proof of
this and the light expenditures in the
management of this extensive orpora-
ton demonstrates the most rigid econ
omy.
IMPROVED FACILITIES
Following the career of the Yankton
insurance company down to the present
we find its general office installed in new
and enlarged quarters in the second
story of the Hawley & Colby block, the
finest business structure in the
city, The company has been long
in need of enlarged facilities and
and in its present handsome quarters it
finds the demands fully met. The en-
tire second story of this block was
furnished and fitted for the occupancy
OF this company. 1t has q frontage of
twenty-five feet on Third street and an
alley frontage of eighty feet, with u
private alley as its rear boundary. This
gives it light from three sides. The in
terror is handsomely finished in cherry,
its doors contain ground glass panes of
large dimensions and the entrance to
the office is by a vide and easy stair
case leading from Third street.
There is q directors room, q secre-
tary's room, q general room containing
the desks of the clerks, a supply room,
two wash and closet rooms and a large
fire proof vault. A handsome counter
partitions off an area forithe use of bust.
ness callers aud from a commanding po'
sitIon in front the secretary overlook
the whole work of the establishment
The several apartments are heated by
steam and would have been lighted
by electricity but for certain unex pectec
contingencies over which Ahe insurance
company had no control. 1t is q mode
Office throughout, modern in all its ap
pointments, filed by a busy corps o
workers, presided over by an eiicien'
manager and in every way worthy of thu
extensive business which has fallen t.
its portion.
IT'S OWNERS.
Tie stockholders of the company ar
all residents of Yankton and n
foreign capital has gone into th
enterprise. The following is a list Of tn
stockholders:
Ex-Governor Newton Elmunds, Elk
. Secretary j. Fl. Teller. G. a. Wette
L. M. Purdy, Gamble Bros, DR.. Josep
Ward, E. p. Wilcox, A. w. Howard, @. N
@. Shower, Jacob Max, Adler & OhlmAl
Tyler & Nissen. W. Fl. McVay, E. L
Hudson, O. P. Edmunds, Commodore
B. Coulson, Joseph Peir, l., Il. Frencl
VIM. H. Edmunds, Bowen & Kingsbur,
:. W.. B. Dean, j. NJ. Fogerty, Maud
Trip, h Emile Gilman, MsclaRan