The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1893-10-01
ON SOLID GROUND.
=. -.
The Position Of the Oak
land Home Company:
". d. Moody, the WeII-Known Oak.
land Banker, Has Assumed
the Presidency. -.

1t must be gratifying to the policy-h0ld-
ers of the Oakland Home Insurance Com
pany and to the public that the directors
and stockholders are equal: to any emer-
gency, even when the red letter of the law
demands satisfaction on what. in the case
of the Home, is considered technical
point. -
There was never doubt as to the SOL
vency of the company. :.
Paid up capital is often impaired, but
this fact does not always constitute ina
bility TO pay.
But the Insurance Commissioner. acting
in the interest of the public, deemed it ex-
pedient to advise the Oakland Rome to be
on the safe side. and he accordingly re-
quired that the sum of S100. 000 be at once
added TO: the capital.
This amount was promptly forthcoming
from men who not only. could put up ten
times the amount in twenty-four hours,
but who are held in high esteeL. for their
in tegrity. -.
Insurance Commissioner J. N. E.. Will
SON has this to say Of the company:
...As the company stands now it, is per-
fectIy solvent. The mere fact that In
these times an assessment of $10O,OO0
should be paid so promptly should, it
seems to me. commend the company to
public confidence" -:
With an additional surplus of 100000
and that is what the big amount paid in
means, the cOmpany Is now in an eDviabfe
position to compete with Its rivals In the
field for insurance. r.
When the Oakland Home was incorpo-
rated in 1880 Volney d. Moody, who is
| now called TO the presidency. was the
moving spirit In connection with the or
|. ganiZatl0n.
! with phenomenal. success-the premium
income growing from. S43. 0O0to 500. 0Qe.
| And the company deserves popularity
I and the confidence:O of the public because 1t
has always treated its patrons with great
| fairness.
I OF the new president. ". D. Moody, very
| little need be said. He is one of the best
| known men on the coast. From 1875 on he
was the solid pillar as president I'M the
First National Bank. - 49,
l. Asa banker he established aTeputatiOn
| that goes beyond the State Of. California.
aud as q onservatlve man Of affairs there
are but few his equal. -: :.
Mr.. Moody Understands the insurance
business and his wealth and vast business
/ Knowledge should make. the Oakland
Home solid institution.
Fhe gentleman who have charge Of the
affairs Of the Oakland Home are known as
the very best business men in the city,
The officers are: V. ID. Moody, president :;
d.: S. Emery, vice-president;; William F.
Blood, secretary; J. B. Lanktree. assistant
secretary; directors-John Crellin, w. p.
Jones, William Cliff. j. s: Emery. M. H.
Eastman, William F. Blood. D.: W.. c.
Gaskill, V. D.. Moody and Charles Il.
Watson. Every member OF the board is
we'll known in business and financial cir
cles. Many of the gentlemen are capital
lists who have large sums Of money In
vested in the city and elsewhere. They
are men who are known for their shrewd
business ability, and most of them are old
residents of Oakland. Itwou1d be hard to
surpass this directory in point Of wealth
and business ability.
The stockholders IN the company are to
be. congratulated on having such able and
capable men at the helm. and while its
finances are assured by the wealth of the
parties comprising the directorate the
energy and proHptness OF their business
methods will always be leading factors In
the eyes of insurers