Omaha daily bee., 1902-04-20

MIR. ID. NJ. HANERLl, II (
D.. NJ. Haverly, whose cut appears above.
has been appointed cashier for the Ne
braska department, of the National Life
and Trust Company of Des Moincs, la, I
whose Offices are located at io6-S Bee
Building, Omaha.
Mr.. Haverly. in January last, retired
from the office of county clerk of Douglas
county, Nebaska, having served two terms,
performing the duties Of that important
office to the general satisfaction of the
public. He is well known in this city,
county and state. He has lived in this
city for the last twenty-five years, during
which time he has filled positions of trust
The interests of the company will be faith
fully conserved by him.
The National Life and Trust company
entered Nebraska less than two years ago,
and have succeeded in placing upon its
books a line Of business that cannot be
excelled for quality and volume, doubtless
by any other company for the same length
Of time. The excellency of the company,
it's efficient management, and the absolute
safety and protection it brings to the in
sured or holder of the contract
il issues, coupled with the fact that the
COMPANY is organized under the splendid
laws of Iowa, should appeal to the public
generally. Every contract is secured by a
deposit of approved securities with the
auditor of the state Of Iowa, thereby max
ing the investment as safe as a govern
ment bond.
The following extract from the March
number of the Insurance Times of New
York, will give additional Information re
[ garding this company.
For the last two or three years we had
been reading accounts of the marvelou-
z ,r,utb Of tn, National Life and Trust com
pany of Des Moines, Ia, until we finally
decided to visit the company and study into
the proposition that was attracting such
wide attention and meeting with such un-
heaTd-of success. Upon visiting the com
pGny we found it occupying an entire floor
of one Of the largest buildings in the city,
and which for appointments are Ger ainlv
among the most complete in the country,
We admit we were amazed at such growth
for the National Life and Trust company
had sprung into a veritable young giant
almost before we were aware of it, by roa-
son Of it's attractive life policies and unique
endowment contracts. Its board Of direct
ors is composed Of some of the best and
most widely known public men and inan-
ciers i'm the state of Iowa. whose rcDuta-
tions for honesty, integrity and unimpeach-
able character are nation wide. Such men
as the Hon. G. l.. Dobson, ex-secretaTy OF
state; the Hon. Calvin Manning, commits
sioner from Iowa to the Paris exposition
D.. G. Edmundson, president Security Lean
and Trust company; George f. Pearsall
cashier Citizens National bank of Des
Moines; f. e. Pinney, wholesale coal dealer
S. J. Patterson, banker; Lewis Haas
banker; p. NJ. StarnCs, secretary and man
ager of the company; A. S. Stults of Chi
cago; N. f. Cohin, attorney and counsellor
at law, Des Moincs. The Hon. Leslie NJ
Shaw was one Of the organizers and di-
]rectors Of this company until his appoint
ment to the secretaryship Of the Uni ed
States treasury.
"The following figures from tha current
years statement fully verify the assertion
made above. During 1901 the admitted
assets were increased from $2l2, 93S.75 70
$500, 014.69, or more than double what they
were last year, a record unsurpassed by
any company on earth. The reserve was
increased from $lO1 ,6S1.45 to 1925, 93O.39, OF
over three-fold greater than one year ago
the net surplus Increased from $40, 633.1 IL
to $21, O52 p; the insurance in force was
increased from 5 1881, 2G0 to $G,S21, 1856, OF
more than double that Of one year ago.
While there are many companies much
larger than the National Life and Trust
company, yet taking its two consecutive
reports showing its own growth, We say
without fear OF contradiction, that OF the
whole number Of good, strong companies
competing for business not a single one of
them can show such a record for the FIRST
year OF the twentieth century as above
outlined, and the above record is all the
more phenomenal because during the year
this company opened up several new
states, which always entails enormous ex-
penditures, and most companies count
thamGp1Vag fOFtunata IN emma nnt aVRn nm