Martinsburg statesman. [volume] (Martinsburg, W. Va.) 1869-1906, 1904-11-25
ONE DECADES ACHIEVEMENT BY
THE STATE LIFE INSUR-
ANcE COMPANY OF
INDIANAPOLIS
INDIANAPOLIS.

INDIANAPOLIS.
The September number of the State
Life Bulletin commentaries the tenth
anniversary CT one OF Indiaua's most
successful. enterprising and estimable
life insurance companies-the State
Lille OF Indianapolis. In the flourish
ing State of Indiana, where all things
social, financial and commercial are
booming, it is only to BIZ expected
that the business of life insurance
would show corresponding expan-
sion and prosperity. and We may say
without exaggeration that no corpor-
alton in the State has been more Sc
curely launched on the tide OF pros
perity than the sbove-named company
All the elements Of success are repre-
scented in the com pany's organization
active, intelligence, persistent in
@dustrv aud perseverance, and de-
termination to win in the battle, and
the achievements of the past ten years
are convincing evidence of the mas
telly sklii with which these elements
were utilized From one of its start
inc noint of one modest little office
room, where the company com mcnced
its operations ten years ago, with
nothing more tangible than prospects
in view, but with an unlimited
amount of confidence, courage and
enterprise, backed bc intaliigenc and
oraIns. tne state Lile Degan It's ardu-
Gus work, aiming not only for the
material success with which 1t has
been abuudantly repaid, but for the
more noble object OF uplifting and
bringing to higher standard of sol
vency the business of insurance
in the home State. That there
was ample room t0r i'm proven 4nt in
these standards no one who a familiar
with the history OF insurance in the
State of Indiana will deny. That
i.nast rains are pleasant is fully re-
alIzea Uy the managers OF the STATE
Life, when they look back on the days
of their early struggles when their
aggressive business getting was ac-
mpanied with the severest economy
Especially are those days full OF REM
iniscences to the four enterprising
leaders-Andrew M. Sweeney, Wilbur
S. Wynn, Samuel Quinn aud Charles
F. Coffin, through whose Efforts the
company was brought into existence
and who fought bravely and resolute
ly to overcome the many obstacles in
their way to success. In those carry
days the prediction that in one short
decade the company would be the pos
SCISSOR Jt home Office building whose
stately magnificence is unsurpassed
in its own city or State, that its bust
ness would extend into thifty States
besides covering the Dominion o
Canada. and tina it would have fifty
million Of business or its books, ali
1855 Eaai4 aaH@ seemed ike an"igId Z
scent dream" Such dream has been
realized, however, and the pros 2erity
already attained is being constantly
utilized, towards further strengthen
ing the company's already sound f.
nancial condition.
The ninth annual statement of the
State Life shows the assets to be, on
December 81, 1908. s.. POS. o36, SO and
the surplus, $500, SIC. 90 1t may con
fdently be expected that the forth
coming statement for December, oo4
will show large increase in these
figures, since for one month alone of
the present year, August. the bust
ness written by the company amount
ed to So 442, 500.
A glance at the investment OF the
company's funds furnishes convinc.
ing evidence of the financial ability
that directs this department Of the
State Life. The greatest proportion of
these assets is invested in first mort
cages on real estate, ana the entire
resources are SO placed as to give the
, safest as we'll as the most satisfactory
results. With 50 encouraging record
this strong and vigorous young COM
pany l. justified in looking to the
future with the expectat ions of still
more brilliant success.-The New
York Insurance Journal.
D. w. Shaffer is the District Mana