Audubon County Republican. [volume] (Audubon, Audubon Co., Iowa) 1885-1894, 1886-01-07
SOLID INSURANCE.
AN IMPORTANT CHANGE IN THE
POPULAR AND RELIABLE DIES
MONIES INSURANCE
COMPANY.
The Globe Company Retires From
Business and Re-insures In
the Dos MoInes.

The following appeared In the editorial col
.umns Of the fora State Register of the 9th /.
Coming as it does, wholly unsolicited, from
the editorial branch Of that paper, and not a
paid advertisement, bears evidence to the fact
that the "Des Moines" enjoys a reputation at
home equal that won in the field.
A very important change has occurred in in
suranee circles in Des Moines in the past week
The Globe Company, which had, under the di-
rection of Mr.. Alverson as manager, built MP
solid business and established good name
throughout the state, decided, through its
board of directors, to retire from the business.
In doing SO the board sought to reinsure its
policies in the best and safest company which
could be found in the state, and after thorough
examination, chose the Des Moines insurance
Company, OF which Ex-Governor Samuel Mer-
rill is president, and Mr.. Theodore Gatchel,
secretary and manager. BY the change the Des
Moines Insurance Company viii continue the
Globes business until the fifteenth of Decem-
Der, at the end Of which time the two compa-
MES will be merged into one, under the name
OF the Des Moines Insurance Company,
The trust reposcd by the retiring company In
the Des Moines Company was safely reposed
for 1t is one of the best and strongest compa-
mics in the State. Indeed, it is second TO none,
and under the superior management of Mana
ger Gatchel, aided by the counsel of Governor
Merrill and Mr.. J. J.. Town, the treasurer, bids
State Mr. Gatchel has been largely the man.
ager and worker Of the company, and his skill
and fidelity have established ii securely In the
public confidence and in financial safety. It's
prosperity has continued through the contract
ing times, and 1t was never in more prosper
Gus, solid and growing condition than It is to-
day. Heretofore it has confined its business to
farm property and detached dwellings. Desir-
ing to extend its business to mercantile insur-
ance, 1t has ayailed itself of the opportunity to
place upon its books the business Of the Globe
Company, among which is the best line of mer-
camille risks ever written in Iowa. 1t is q very
important accession to its business, and will no
doubt add very greatly TO Its strength. 1t will
bring II into contact with larger class of peo-
pie, all Of whom will find it company Of fair
dealing. safe and economical management, and
positive projection to all who may trust risks
with 1t. 1t bears an unblemished record in re-
gard to its treatment of its patrons; and under
the prudent management OF Mr.. Gatchel, Gov
ernor Merrill and Others, it will no doubt in
crease both in reputation and business. tits
one of the solid financial institutions Of the
State, and the people Of Iowa know, both from
its past career and the strong and safe men
controlling it, that it is company which they:
can depend upon and in which they can secure
insurance that will always be safe. Withsour
Iowa companies made so strong, the people of
the State should give them the preference in
patronage. They are here amongst us the
character of the men controlling them Is known !;
their standing and financial responsibl Mt yIray
always be ascertained, and they are laboring
with the rest of us to build up the State in its
material and financial resources. With q com
rs1ry headed by a gentleman as wellsknowH in
the financial world as Governor Merrill and
managed by as successful and experienced al,
underwater as Mr.. Gatchel, with so 5sffQng q
man tinanciallyand personally as Mr.. Town,
president Of the Valley National Bank for
treasurer there is NO reason why 'eyerybv1y In
the State shonld. not insure in q s.hoane com
pany. Home insurance is the. safest,. All the
outside compHnsess- Not d dollar has Been lost
by people instrSctffr Iowa rorurnritr Ftoin
this fact the Iowa. people. should aeArrTik dom
and pin their .faitb and give, thoirssb 10
Z some good, strong hoTr wa py llI{s he Des
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