The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1908-09-17
Jefferson Standard Life
Enters Insurance Field of Geor-
gia-North Carolina Com
pany opens Branch Office in
Atlanta-Dr. H.H. Bass and
Mr.. lanes E. Penn to be in
Charge.

Charge.
The Atlanta Journal of last Friday
carried a strong notice of the Jeffer-
son Standard Life Insurance Com
pany in connection with its opening
of branch office in Atlanta, as
stated in these columns last week.
Pictures of DR.. Bass and Mr.. Penn
were also published, and while we
cannot say that either one of the
gentlemen was f1attere1 the repro
auctions are considered fairly good
likenesses by their friends. We copy
the Journals article:
Atlanta, the acknowledged insurance
center, has added one more branch Of
flee to its already large list The Jeffer
son Standard Life Insurance Company,
of Raleigh, n. c., which on July 1,190S,
was licensed to do business in Georgia,
and which deposited with insurance de-
partment Of North Carolina 500, 900 in
bonds, for the benefit of Georgia policy
holders, has opened branch here in the
English building The Jeffer-
son established branch in Athens, with
Mr.. A. l.. Deadwyler in charge some
months ago. AS managers OF the At
lanta branch, which covers all of north
west and south Georgia, are Messrs.
Bass and Penn. These gentlemen come
from North Carolina, Mr.. Penn being
one OF the most capable agents and
managers OF the company in that state.
tie had charge OF the northeast North
Carolina department of the company,
with headquarters at Henderson. He is
a kentuckian by birth and has been in
the insurance business for abOnt fifteen
years. DR.. ii. III. Bass. the other men,
Der of the firm, is one of the most promi-
nent physicians in North Carolina and
lives at Henderson. Although having n
large practice there. he realizes the fact
that the insurance field offers an excel
lent opportunity to men of energy and
ability. The firm has a suite OF offices on
the third floor of the English American
building, where they will commence an
active campaign for business in Georgia.
The Jefferson Standard Life Insurance
Company, while one of the youngest
companies in the South, claims to be the
strongest. They were organized in the
early part OF 1907 with a capital stock
OF S2oO,OOO and a paid in surplus
of $3.50, 900, commencing business with
5000, 900 cash in bank. Messrs z. ID.
and Z. W. Gold, experienced insurance
men are the organizers of this company
and realize the opportunity for strong,
substantial, Southern institution. The
stock OF this company was sold two for
one IN avery short time. Since its begin
ming it has had remarkable success. 1t is
said to have obtained So, 800, 900
OF business in it's first year paying it's
organization expenses and actually in
creaslng the surplus The officers and
directors OF the Jefferson are composed
OF some OF the prominent men, financially. |
IN the two Carolinas Among it's direc-
tors are Colonel A. b. Andrews, first vice
president of the Southern Railway Com
pany, who is well known in Georgia; ex-
Governor Charles b. Aycock, Mr. H. G. |
Mcqueen, president of the Murchison
National Bank. at Wilmington, n. c.,
the strongest institution in the Caro-
llnas; Colonel w. b. Holt. multi-million-
ARE and cotton manufacturer of Char
iotte; Mr.. j. Elwood Cox, a wealthy
fnrnlture manufacturer of High Point
and Republican candidate for governor
OF North Carolina. The president is
Joseph b. Brown, who is also president
OF the Citizens National Bank, of Raj
elgh, n T. The company is actively
managed by the Messrs Gold. Mr.. P.
OOs ~ 10 VIC duu SeueT-
al manager; Mr.. c. W. Gold, secretary
and superintendent of the agencies; Mr.
Charles j. Parker, treasurer; Dr. Albert
Anderson, president of the Tri-Stats
Medical Society, comprising the two
Carolinas and Virginia, medical director.
Judge Thomas B. Womack is general
counsel and Charles w. Gamwell resident
actuary: Mr.. ?. D. Gold, Jr vice pres-
dent and general manager of the COM
pany, is in the city looking after the es-
tablishing of this branch When seen at
the Piedmont by a reporter. he said;
'Yes, we have a reason to feel proud of
the record of the Jefferson. 1t fills a long
felt want in Southern insurance-a com
pany strong enough to give the security
OF Northern company and at the same
time keep capital in the South, is the
perfect consummation of Southern pa
triotism and business Judgment. We
also have reason to be congratulated in
the selection of our general managers.
We appreciate the fact that Atlanta is
the most important point in our terri
tory and we intend to pursue n positive