Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1890-02-06
AN ENTERPRISING CORPORATION.
Has Agents Everywhere"

The Pbenix of Brooklyn is one of the
wonders of fire insurance, and one of the
famous companies of the world. It's rapid
rise in popular favor is without parallel.
The familiar sign, The Phenix of Brook
Ign Has Agents Everywhere, while appar-
emily exaggerative, is almost literally
true, so far as the United States is con-
cerned. Should the reader, no matter
whom or where, wonder whether the COM
pany is repre- sented in his place, he has
only to make an inquiry downtown" 10
be convinced It's ,ents re workers. The
Phenix moves, and this in part explains
its success. Another explanation is that
it is as prompt and active in the settle
ment of losses as in the pursuit of
premiums.
The headquarters of the company's
Western and Southern department are To-
Gated in it's own building at Chic go In
the West and South it does business as
large as, if not larger than, that of any
other company. In farm insur tnce il
leads. Last year. its premium receipts
in this territory were over s., 400 900.
Nothing succeeds like success" Dur
ing 1885, this company materially
its funds nov aggregating over 81 ,790, 900.
The company was the first to pay loss
resulting from the Chicago fire. 1t paid
1925, 900 to sufferers from that disaster
and $3.50, 900 10 Boston the year follow
ing.
Since its organization in 1858, the
Phenix has paid losses representing
nearly thirty-eight times its present cash
capital, the tot | paymen being $751;
720. 62l.6 The relief afforded by the re-.
distribution of this ast amount among
the people cannot be accurately deter
mined. 1t has supplemented credit, pro-
NOTED trade, and fostered all industries
Great numbers of commercial establish
ments have thus been enabled to substi"
tute the new for the old, while still
greater number of private homes have
been restored from their eshes and ruins.
Mr. Hakes' Luck.
1t was current on the streets of Carlo the
day following the great December drawing
of the Louisiana State Lottery, that one
fortieth of ticket 9S 455 that drew the capital
prize was held here, but some days elapsed
before it was known who held it, Finally it
was reported that Mr.. L. A. Hakes, SUBJ
contractor under Little & Greenley, on the
Cache levee work, was the lucky man, and
that he had gone to New Orleans TO draw his
money. Learning yesterday that Mr.. Hakes
was In town, stopping at Uncle Joe.s Hotel,
the Argus sent reporter to interview him.
Mr.. Hakes is quiet, small, plain-appear-
ing man, about fifty years of age. He is an
intelligent, energetic man that one would
take to be well suited to his business. He is
averse to notoriety, but does not hesitate to
tell the facts in regard to his windfall. AS
reported, he held One-fortieth of the ticket
that drew 5000, 600 in the December drawing
of the Louisiana State Lottery, and had been
down to New Orleans and collected his
money, SIS, 600. He went by the Mobile q
Ohio road. Upon arriving in the Crescent
City he proceeded to the office of the Louis
lana State Lottery, where he presented his
fractional ticket, and without any trouble
got the large sum of money it called for
He apprehended that Identification would be
necessary, but was told in the Office that
possession of the ticket was all that was
necessary.
He was afterward the recipient of courte-
sizes at the hands of the lottery officials, who
deemed him their guest, as one who had
come long distance to transact business
with them, and of additional interest to
them as one taking a portion of the great
capital prize of their December drawing.
His praise of the hospitality they extended
to him is unstinted.
Mr.. Hakes deposited his money in Carlo
bank, and it is safe to say will use it to the
best advantage for himself Cairo (Ill.)
ATg,Is, December 80.
The Russian government will begin next
spring to build 4, 500-mile railroad across
Siberia. This is big undertaking, and its
estimated cost is 1920 600 600