Los Angeles herald., 1892-01-10
A HOME CONCERN.
The Home Mutual Life Insur-
ance Co. Of California.
ANOLD LDEsTABLIsHED INSTITUTION
One of the Oldest and Most Substantial
Insurance Companies Doing Business
on the Coast-A Long History of
Probity, Integrity and Fair Dealing.

The Home Mutual Fire Insurance
company of California is one of the ster-
ling institutions Of this community. 1t
is matter OF pride to Californians that
such a company can have its incipiency,
gain strength and grow to magnificent
maturity among us, unaided by eastern
capital or eastern business. In 1854,
before the first transcontinental road
had crossed the Sierra this company vas
organized. Its founders intended it to
be permanent affair, and based it on
the true basis of all permanency, in
tegrity, honor and progressive spirit.
Designed to afford protection against
losses by fire, it has done so to degree
untried by many OF its competitors. Its
rates were moderate, its policies broad.
No just claim has ever been disputed,
nor yet any unjust one paid, and despite
these rigidly adhered to rules the Home
Mutual has dispensed to policy holders
for losses over three and quarter mill
ions of dollars.
Today it has cash assets to the amount
of nearly 5000, 900 as means of protec-
ton to policy holders. Its "interest
and real account" has been profita-
BILE thing for stockholders, as one hun
dred and ninety-ive monthly dividends
of per cent have been paid from that
account. The fact of the company do
ing only coast business insures that
all moneys distributed in it's various
channels are kept in this community.
The policy of the company has been
conservative in one respect, viz, that it
writes only fire business, ignoring
marine or life risks. It's business as
before stated is limited to the coast,
and consequently avoids losses that are
always attendant upon a remote busi-
ness. 1t has the largest proportionate
net surplus of any of the coast compan-
les, and its large volume of business is
directly consequent upon its methods of
transacting the same, namely, that of
prompitude, courtesy and fair treat
ment. On this side of the bay the Office
for Alameda county is IN charge of Harry
F. Fordon, manager, and Harry B.
Houghton, secretary, both of whom are
too widely known in both social and
business circles to need any extended
mention here. Suffice it to say, that
they have not allowed the interest of
the institution to lag. as is best evil
denced by the fact, few prominent
pieces of property in this and neighbor
ing counties are not protected against
the work of the fire fend by one of the
policies of the Home Mutual Fire In
surance company of California. Agen-
cies in every town in this and neighbor-
ing counties are in the hands of wide
awake progressive citizens.
We clip the foregoing from the New
Years number of the Oakland Times,
and can endorse every word OF it. The
Home Mutual Fire Insurance company
is indeed sterling and reliable institu-
tion. Its interests in this city are in
the hands of Mr.. John Kenealy, whose
record as merchant and business man
in all lines could not be surpassed. Mr..
Kenealy has gathered around him a
staff of energetic young native Califor-
mans, including w. j. Scott, S, O..
Houghton, Jr., and Boyle Workman.
This is most effective force, and taken
in connection with the genuine and ex-
ceptional merits OF the company itself,
it makes most effectual appeal to the
business community of Los Angeles.
Under the new management the
company is succeeding like house afire
AN appropriate simile in this case.