Capital journal. (Salem, Or.) 1893-1895, 1894-10-01
Z. C. Giltner as Manager Of the
State Insurance Go.
TO SUCCEED MANAGER Il. ". COTTLF.
Who Is Promoted to Second Vic,
President.

=
vas announced late Friday after.
nOon. II is the resignation Of II. W
Cottle as secretary and business mai
Iger Of the State Insurance company,
Ehich position he has filed the / sst
en- years, and his promotion to the
4Jsition Of second vice president. Mr..
yottle was virtually the organizer Of
his Institution which has grown to
such vast proportions under his guild
ng hand, and now only retires from
his favorite field of labor on account ol
III Lea.th. Last winter he spent in
Southern California and now his physi
clan advises another extended trip,
which would keep him from his duties
90 long, hence his resignation. The
BOARD of directors at their meeting yes
eriay reluctantly accepted this resig-
ration and supplemented their act by
adopting the following:
at is with the deepest regret that
he board accepts his resignation as well
IS the fact of its imperative necessity
and would hereby give slight express
sion of the importance to Oregon of the
work the manager has accomplished,
and the signal services he has rendered
to the company, and of the high esteem
in which he Is regarded by the board,
rs well as by the business M IN who are
interested in the financial welfare of
Oregon. To his indefatigsble industry
and perseverance the people of Oregon
are indebted for home institution that
annually retains large amount Of
money at home among its citizens, and
for home insurance company that in
the ten years of his brilliant and sue
cessful management has assumed pro-
portion and character far beyond the
most sanguine expectation Of its
friends, and which is now occupying
field Of territory and of benefit to the
people, with scarcely rival or COM
petitor. Based as the State Insurance
company is upon the dual principle of
protecting the people from loss by fire
and Of retaining all the premiums at
home instead Of exporting large sums
from the state, the board but voices
the sentiment of every one who is in
terested in the financial and protective
interests of Oregon in tenderiug to its
honored secretary and manager their
high appreciation of his eminent ser.
vices for the people of the state ana
their most sincere desire for his speedy
restoration to perfect health and TO his
legitimate and adopted sphere Of use
fulness."
At the same meeting the Office Of
second vice president was created and
Mr.. Cottle was unanimously elected to
that position, which he will occupy In
the future, as well as that of diret tor
OF the company, and he will be inti-
mately connected with the company In
these two capacities In an advisory way.
Edmund q. Giltner, who is well
known In Oregon as assistant secretary
Of state and state insurance commits
sioner was duly elected 10 the vacancy
caused by Mfr. Cottie's action, and will
actively assume his duties the 6rst Of
next year. He h competent man for
the place, and will add not little 70
the already fine reputaliod OF this solid
institution. No better selection could
have been made.
An unquestlonably wise act Of the
board was the election al the same time
OF A. w, Glesy, 70 the position Of AS.
sistant secretary, Mr. Giesy has been
with the company for many years, aud
ID thoroughly familiar with every do
tail of the workings Of tho sst busI'
neas. lie will, in bis new position,
prove even q more useful man 10 the
o0mpany than hs has in the past, The
stockholders In the company, ~ we'll
A. tbs business pnblio have the greatest
oonndsBos in MT 0lesy, aud tbs COM
papy 10 10 be congratulated upon retain
log blm ~ hls advanced position,
Tue Oliios " the State Insurance
eoDlpsny u one VI the most thoroughly
pyslemaiised 0iiioes on The Fa0lne
coast, lhege helng twenty empl0yes
steadily engaged IN handllng iheir
laFse buslnsas, aud ihe s0Fk % al a.
ylded lDi0 various departments, those
hsylne olafee " ths departments hay
lag haa . il0G0ugh espfienee M lhai
poulilop log ysaFs ana hsips thoroughly
lsmlllsg wllb Al " the deiails ~ lhell
various departments, 1he parties IA
ohagee ~ ihe various dspalimsnis
wlih ihslf assistants hsylps had .
fhefopEh ifalnlRe ~ lbls oifee ~
sDapy yseI1, 500 ; oofgpleie kpoplsage
IA ils Tulsl saa Iegulslienp ana esys
spa pspps1 " eoins business, n's sn'