The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1899-04-13
INSURANCE AGENCY TRANSFER.
RED.
Mr.. Young Sells Out to Col. Perry
Retires After a Quarter of a Cen.
tury's Service-Severanceo of Long
and Pleasant Business Relations.

tufyS SefVSce-SeVerance OF Long
and Pleasant Business Relations.
After his election as Insurance
Commissioner of North Carolina MIR
James r. Young determined to dis
| pose OF his insurance business in
Henderson. There was nothing in
the law against his continuing in the
business, but he preferred to be I'm.
tramelled-and very properly so We
think-hence the steps taken. Now
he has nothing to bind him to the
insurance business but his knowledge
OF it-and that will stand him in
good turn in the important and re-
sponsible position to which he has
been elected. This knowledge gained
from an active experience OF 8
quarter of a century in the insurance
business Mr.. Young hopes to make OF
much service to the State and the
insuring public.
Having determined upon selling the
next thing was to find buyer. This
Mr.. Young was fortunate in doing in
the person Of Col. Henry Perry. The
transfer was made last week and upon
Mr.. Young's recommendation the
commissions as agent of the several
companies heretofore represented by
him will be turned over to Col. Perry
We congratulate all parties concern
ed. There is no finer gentleman and
Henderson has no better citizen than
Col. Henry Perry. In his hands the
interest of any company he represents
is entirely safe.
TO a thorough training and aptitude
for the business Mr.. Young added a
high order of mental equipment and
delightful personality which estab-
lished his eminent qualifications as
an intelligent and successful insur,
ancc man and made him popular
favorite among the officials of his
companies. Upon acquainting them
with his purpose it is but natural
that regret should have been ex-
pressed at the severance of business
relations with such man, one who
had represented their interests so
long and we'll. From presidents,
vice-presidents, general managers,
State agents and others representing
some Of the leading insurance compa-
MES of this country and Europe, Mr.
Young has received many letters ex-
pressive of the sense of loss sustained
by his action, at the same time
heartily commenting the course pur-
sued.
These letters came unsolicited on
his notifying the companies that he
had sold out his business to Col. Perry
and the reasons therefor. From a
few of them we have been permitted
to make the following extracts. A
prominent official of one company
which Mr.. Young had represented
for a long time, wrote as follows:
We are in receipt of your favor of the
31st ultimo, advising us that in view OF
your appointment as Insurance Commits
sioner of North Carolina, you think it at
least in good taste to give up your con.
nectiOn with the local insurance business
While we regret to lose your services we
are free to say that we think your con.
clusion Il wise one. In our Judgment a
state official should occupy a position
where he would not be open to the
charge of interested Partially in any
way.
Another says:
While we regret the severance OF our
very pleasant relations, we at the same
time feel that the change in your bust
advantage. You have assumed a
delicate and very responsible position
and we have no doubt of your success
And again this:
In servering our connection with you
We desire to express our thanks for the
manner in which you have looked after
our interests, and certainly wish you u
full measure of success in the important
office OF Insurance Commissioner, and in
fact in all future business operations.
From another source:
We are in receipt of your letter of the
31st ultimO., and sincerely regret to lose
your valued service in the termination
of our long and very cordial relations
At the same time we congratulate you
on the honorable position to which you
ing that one so qualified, by experience
has been chosen to this high Office.
Still another says:
Personally We regret very much til,
necessity for severing the connection
which has existed so long and sc
pleasantly between you and this com
pany. You are one of our old standbys
having represented the company fo
| almost a quarter of q century, and W,
have never had a fight during all tina
time, which speaks we'll for you.
This in conclusion.
We are duly in receipt of your favor Of
the 31st ult. in which you convey tn
| resignation of your position as agen
| of this Company at Henderson, n. c., il
| consequence OF having accepted tn
high office of Insurance Commissioner
| OF course, under the circumstances w
feel there is nothing to do but to accep
| this resignation, and in doing so we be,
| to extend, first our sincere and heart.
| congratulations upon the honor tina
has been bestowed upon you, and in ad
dition, to express our qualification tina
enough to select a practical insuranc
man for that office. Judging from tn
| many comments in the Press-Insuranc
and otherwise-we believe that tn
present appointment has given unusua
satisfaction, and we sincerely hope tina
North Carolina, having been wise enoug
to put an expert in charge of its il
surance matters, the results will be s
happy that it will come to be the custor
and habit of all States to make lik
appointments for positions OF th
character.
| Happy is the man or woman who ca
eat good hearty meal without sufferil
afterward If you cannot do it. tan
KODoL DYSPEPSIA CURE. 1t digests VIII;
you eat, and cures all forms of Dyspeps
and Indigestion. Phil h. Thomas.