New Ulm review. (New Ulm, Brown County, Minn.) 1892-1961, 1905-01-25
BEST YEAR IN ITS HISTORY
Interstate Closes A Prosperous
Twelfth Month.
Annual Meeting Held Monday in
Company's Offices.
All the Old Officers and Directors
Are Reelected.

Year by year the Interstate Acct
dent & Relief association is growing
into a big company The year past
shows more gains in every way than
ever before and is by far the most
prosperous twelfth-month in the four
years of the Associations existence
This was shown by the report of I
President G. w. Barnes and Secre-
tary Joseph Bobleter at the third
annual meeting. held in the company's8
offices Monday. All the directors were
present and number Of the agents
and policy holders.
All the old officers and directors
were reelected and are as follows
Presidsnt, G. w. Barnes; vice presi-
dent, w. r. Hodges, secretary and
treasurer, Joseph Bobleter; medical
director, Dr.O. c. Stricken. Directors,
@. w. Barnes, W. RI. Hodges, Joseph
Bobleter, DR.. o. G. Strickler. Einar
Hoidale.
President Barnes report was full of
good news for all interested in the
company's success. The Interstate,
he reported, had done the largest
volume of business in 1904 of any
year in it's history, the number of
policies written being 1000. More
than this, the class of business has
been much better than during any
other year.
Another excellent feature, said the
president, was the number of rein
statements secured. A reinstatement
is considered in the insurance world
OF more value than new policy, since
when a man quits and then comes back
again he has thought the matter over
pretty thoroughly and concluded that
he wants and cannot get along without
the insurance.
/ Mr.. Barnes also emphasized the fact
that the percentage of expenses, that
is the expense OF the year compared
| with the amount of business done, was
lower for the year closed than ever
before.
At the present time, he said, there
! were no claims due and no unpaid
debts and there have been no lawsuits
in the company's history. It is the
/ policy to be careful in allowing claims,
i yet it has always been very liberal
and during its four years has paid a
larger percentage of claims than any
other accident and relief association
in the country.
| The company is growing not only in
size butin reputation and is coming
more and more to be recognized by
other companies. President Barnes
| received, recently, an invitation from
the national association of health anC
accident companies for the Inter State
to become a member Of the nationa
body, and while the invitation has moi
been accepted yet. it is being serious
| ly considered. The company is mo-
only being recognized abroad but is
being Loyalty supported at home. as
| the fifty new members from New Ulm
added during the past three weeks
indicates.
The report of Treasurer Bobleter
shows the association to be in strong
er financial condition than at the close
of any other year. The receipts fol
1904 were 1928, AS, including the casl
balance of the year before, and th.
amount paid out for claims footed VI
to S., $3.50.
q Monday evening President Barne
entertained at his home the officers ant
! directors of the company, togethe
with several others from out of tow
who came to the city for the meeting
g. .Arveson of Sleepy Eye, W. B
Gislason of Minneota, and Knut
Nylin of Tracy.
G. FL. Hornbnrg and wife left Min
neapois for the Pacific coast Wednes
day last. Mr.. Hornburg stated to tn
Review that he would probably en-
gage in some business in either Port
! land or Seattle and make his HON
there. Mr.. Hornburg has been a resi-
dent Of this city for more than twent
years and leaves many friends here.
George Tauschiek, a resident Q
West Newton, died at the st. Alex
ander hospital Friday morning fror
pneumonia. He was IS years old. /
week before his death Tauschiek brok
his leg and was taken to the hospital
Pneumonia developed. The funera
was held Monday from the Catholi
| church.
Emil Wicherski disposed of a nun
Der of those wooden shoes he has fo
sale at his store, during the tria
Many of the strangers carrying the
off as souvenirs of the city. One (
the purchasers created some fun at tE
81 d akota house by wearing a pair q