Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-05-10
BENEFICIAL LIFE
ms. CO. FORMED.
Has a Paid Up Capital Of One
Hundred Thousand
Dollars
STRONG LIST or OFFICERS.
Joseph ?, Smith, President, and Gov,
Cutler aud l.. " Slohl, Vice
Presidents,

The articles Of incorporation Of tho
Beneficial Life Insurance company the
lcng talked Of now homo lifc mstitu-
ton, were filed with tho county clerk
today by the attorney OF the company,
Richard w, Young,
Since the company was first proposed,
number Of changes have taken place
IN the plans for its organization, Tho
original idea was 90 incorporate for
100000 with 20 per cent paid up, but
this was changed 10 form n company
of 100000 with its capital stock en-.
tlrcly paid up, the capital being d..
vIded into shares OF 800 each Tho
entire cash capital, 100000, " now In
the hands ~ the treasurer and the
company win begin doing business In
the immediate future The promoters
Of the company Mossrs, Lorenzo ~.
Stohl and John and n, q, strnghNm
have been successful IN scattering the
stock IN various localities whore the
company expects 10 do business, No
one person has been permitted 10 take
more than $1,000 OF the stock and the
stockholders are distributed over Utah,
Idaho, oregon ana Arizona TO tho num-
Der OF something over 49,
Tho officers and directors OF tho com.
pony are az follows
Joseph y, smith, president, Salt Lake
4 a
president, salt Lake city, Utah I.o.
rcn2o n, Stohl, second vice president,
Brigham CITY, Utah, Joseph Nelson,
treasurer salt Lake city Utah, John
slrlngham secretary, salt Lake CITY,
Utah,
Droctog-Joscph ". Smith, John g,
cutler John Stringhom, Francis NJ,
Lyman, llohor j, Urnnt, Richard W,
Young James u, Murdock, n, q,
Stringham, q, j, Salisbury, James
Chlpmam ltudgor Clawson, Salt Lake
CITY Utah Loron2o n, StohL Brig.
ham. CITY umhi James pngrco, I'd.
ward J. Rich, ogden, Utah, Jesse NJ,
smith, Layton, Utah Thomas smart,
John A. Wldlsoc, Logan, Utah Thomas
n, Taylor Provo, Utah William II,
Smart, Hobor city Ulah; Edwnrd II,
Snow, ~ George, Utah. William l..
Rich, Paris, Idahoi golrgo g, Pnrkln.
son, Preston, Idaho, Thomas H. has.
seit, RoNburg, Idaho; G, w, Nihey,
Ferry, Orogoni j. 4, Lcsueur g. Johns,
Arizona.
Tho company " announcing Ita or.
gallz0tlon by sending ont circular LET /.
tors slgnod by tho president ana sccro.
tOry from which the following IN taken.
Dcar Sir We are pleased 10 an.
nounoe TO You the organization ~ tho
| Beneficial lifo Insurance company IA
TINS olly under date Of tho tn inst
From tho names Of those comprising
| tho board ~ directors 20 which Wc call
your special attention, together with
| the names " the stockholders, list NJ
which we enclose You herewith, you
VIII note That We have n strong and
| representative Organization,
The formation Of this company has
been objected with the primary object
ana desire OF retaining NJ homo por.
| tion " the vast sum W money which IA
| now ilowlNg out Of this lntor.mountain
country as life Insurance premiums,
Belng owned and controlled within
| these intermountaln states We solicit
with confidence tho HE insurance pn
| tronago ~ the people Of the Rocky
Mounteln region, promising IN return
| for the support given ~ that the com.
panys funds shall be invested aud used
| IN The upbullding " the wcst
Tho company win commence active
| business with the best most attractive
and most modern form of insurance
contracts, ON what IL known an the
| "od line or "lognl reserve" basis, aa
foon no tho policy forms etc, can ht
prepared Ny the experts employed for
| that purpose, We win at once onlol
Utah, Idaho ana Arlaora reaching out
into other fields Na soon M possible.
! Millions " dollars annually flow oul
Of Utah ana lls adjoining statos nnd
| territories into the homo offices Of east
orn life companies contributing 10 the
| prosperity VI the east 20 the practical
| exclusion NJ the wost Premiums paid
the "llononclnl" VIII seek Western IN
yostmont, thus becoming nm important
factor In assisting the growth ana dc.
yolopment OF our home country, and