St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-08-14

companies, but none have met with
a greater degree of prosperity in the
Northwest than the Home Life Insur-
ance company, of New York: the name
of which at once suggests something
very strong and reliable, with a name
and reputation as clear as crystal. 1t is
difficult to convey definite idea to the
average mind Of the magnitude of such
an organization, but an impression may
be formed when it is learned that poll
cies were issued in 1892 TO the extent OF
Sl2. 7S4, ,402 63; in comparison with lit
tie over SS.000.000 in 1891, and about
$4,000 in 1888. The relative strength
Or standing of the company may be eX-
planned by telling that its Inan-
cial standing was 1928 per cent in
the Connecticut Insurance depart
ment's report issued in Jnne, 1888. It
stood at the top of the list in this paral-
lei, and far over-tOpped all the other
big Newark companies. The Home
Life is the only company that includes
as legal liability the present value of
its "diVldend endowment" Ii is a life
company of the StricteSt order, and in
the report referred to above gained
precedence OH account of its adherence
to the regular plans, no attention hav-
ing been devoted to the special or tom
tine SurpluSes, which are not treated as
liabilities of the companies making a
speciality of the plans.
The Home Lie Insurance company,
owing to prudent and conservative man
agement. is today the strongest life in
surance company in the world. 1t has a
larger percenta2 of assets over liabil-
tiles than any other company, and con-
sequently its policies are issued at the
lowest rates and on the most liberal
terms. They are incontestable, noll-
fOrfeitable, unrestricted as to residence
and travel, have cash surrender values,
and are also quick asset, being accept
ed by the company as collateral Tor
loans
The company is ably represented in
the Northwest by Messrs. TarboX 81
Loomis. of st. Paul, who have four
elegantly fitted rooms in the Pioneer
Press building. Mr.. TarboX was born
in Indiana, and has been a resident of
st. Paul since 1876. having been for a
number of years general freight agent
of the c., II. |. u p. railroad at this
point. Mr.. LOomis, who is a native of
New York, came West in 1881, and was
for six years in the employ of the St.
Paul Rubber company. He then EN-
barked in the real estate business, and
recently became associated with Mr..
TarboX in the present agency.
The company has done S3,O0O.000 worth
of business in this district, special
agencies being established at MInneap-
oils, of which Messrs. Parker Il Roller
are the managers; at Duluth, where
Chapman & Cogan represent the COM
| paDy; at Grand Forks. where Dickey &
| Garland are stationed; at Sioux Falls,
| S. D., with Durham & SwensoD as state
| agents; also in Southern Minnesota,
| where Walden d Griffin, of Rochester,
! are district managers, and at numerous
| cher points in this state and the Da-
| kotas.
Mr.. Loomis is a large real estate
| holder in this city and both he and Mir.
| TarboX are estimable gentlemen who
! have an honorable record in st. Paul
/ They are splendid eXponentS of an eX-
! ceilent company, and while in their
! charge the Home Life cannot fail to do
/ we'll in this region.
The company is at present erecting a
| building in New York city, opposite the
i city hall park, that, when completed,
| will stand fifteen stories high, and,
| yielding all income of per cent on the
| investment as an Office building, will
! give the office room to the company
| practically without cost
| MUTUAL RESERVE FUND LIFE ASSOCIA-
TION.
! Inc success OF this insurance CON-
/ pany in this country has been most
marked, operating as il does on the nat
| ural premium plan. In those corpora
| tionS. which are conducted on the mu-
! tual plan. the welfare of each member
| is columon with that of the company.
| Probably the most successful corpora
| tion ever organized in the United States
| is the Mutual Reserve Fund Life associ-
alton. Of IS Park row. New York city.
| The president of the company is Mr..
| E. D. Harper, and the list of officers and