Pine Bluff daily graphic. (Pine Bluff, Ark.) 1893-1942, 1908-02-19
John F. rutherford Retires
From Presidency to De-
vote ALI His Time to His
Other Business Interests.
GIVEN FINE PRESENT
4. z. Bloom Neglected Secretary AMI
Treasurer--Will Increase CAPITAL
and Go Into Eastern Field--Rc-
markablc Success OF Concern.

Upon the retirement OF John +.
Rutherford from the presidency OF
the Travtiers Fire Insurance Coul-
pany, at the annual meeting of the
company's stockh olders last night,
Doctor Z.Orto, president of the Sim
mons National Bank, was elected at
the head Of the institution to sue
coed him. Mr. Rutherford retires
to devote all Of his time to his
large interests. AS a testimonial
of~,the esteem in which he is Held
by the officials and directors IF the
Travellers and~because oi~hfs excel
lent services SINCE the organization
OF the Insurance company four
years ago, Mr.. Rutherford was pre-
sented with costly cut glass punch
bowl, the largest ever brought 20
this city. twelve glasses and sil
yer iadle. The token was presented
TO Mr.. Rutherford by w. T. Young
on behalf of the Company, in & neat
little speech. Mr.. Rutherford Was
taken by surprise, bpt he managed
to respond happily and WAS equal
70 the occasion,
The annual meeting of The Tray
elers last night was one Of the most
enthus' astic and encouraging held
since the big concern vas launched
in this city o few years ago. The
officers and directors declared that
they were more than pleased with
the remarkable progress of the Com
pany,so much so that il was announc-
ed that they would increase the cap
ital stock and surplus and enter the
Eastern states for business.
This concern IS now one OF the
largest and most substantial! dl,iti9
business in Arkansas. It's ~3s4aa
have Sorwn from $4,000 10 s375,-
900 since it was launched here q
short time ago. 1t originally 90 =
ated in one state, now it has an es
tabl shed business in seven states
with one of the largest agencies in
Oklahoma, the headquarters being
at Guthrie. Its annual business in
premiums aggregates $150,OOO and
that amount has been paid out in
losses since the Company opened
what was originally a small office
here.
It's officials believe in home de-
velopment, as has been shown
wherever At has stablishd branch
offices In this city the company
has done much in the way of assist
| ing in the upbuilding of thee city and
county, 1t has purchased thousands
OF dollars worth of paving district
bonds, took the city's scrip and en-
abled The employees of the Fire De-
partment to get their salaries when
they were unable to sell the scrip
at any price, and in numerous other
ways have shown progressive spirit
and enterprise.
The election of Doctor Orto to the
presidency was followed by the cleo
bion of the following officers to
serve for the ensuing year: w. ~
TvulRck, ktce!president; E. B. Bloom,
secretary and treasurer; E. l.. Bark
ley, manager; Young and Rowell,
attorneys. The directory consists
of the four mentioned officers and
John F. Rutherford. Fred l.. Dilley,
G. S. Bacon, w. B. Alexander, G. w.
Ritchie and J. H. Mann.
Doctor Orto's election to the pres
idency is quite a compliment to that
we'll Anown and popular financier
and businessman. He will give the
company additional prestige in the
business world and at the same time
fill the position with credit to him
salf and the company. The re-elec-
ton Of Z. 3. Bloom and E. l.. Bark
lev are also merited. They have
bad charge of all the office affairs
of the concern and have most sue
ressfuliv plotted the business for
eanization of the concern.