Los Angeles herald., 1908-03-29
THE PACIFIC MUTUAL LIFE IN
SURANCE COMPANY OF
CALIFORNIA

greater Los Angeles is steadily grow
ing more pronounced, and residents
from the older cities of the far east
who are with us every season because
of the charming nature of the Golden
state climate and other allurements
that serve to make the annual VISITS
worth while find the Angel city In It's
hustle and activity the equal IN many
respects of the more matured cities OF
the Atlantic coast. ~.
Among the many successtul lnslltu-
tions which have served to give LOS
Angeles an enviable reputation as
CITY of progress and enterprise is tnaI
OF the Pacific Mutual Life Insurance
Company of California, the well known
COMPANY that does business IN ABOUT
forty states of the United States ana
also in Hawaiian islands, company
of the highest merit that was estaD-
lished over forty years ago, the late
ssnetor LELAND Stanford being one OF
the incorporators and its first presl-
dent. that distinguished gentleman
making application for the first poiicy
$40, ,000-issued by the company
The Pacific Mutual is home com
many. the home office being iocaIeo III
this city. Soon the company VIII DC.
cunv its new handsome building tnaI
~ -, Course of erection on the north
west corner of Sixth and olive streets'
facing Central park. The new puliu-
inc has been planned with speciai rel-
erence to safety vaults, Hgnt, Ven.ll,
zion and economical department WORK.
The construction will be steel Trains
throughout with concrete ana e. tlle eo os
tarior n will occupy 60xlO0 rect oI
srrnrnd will be five stories above the
Basement. with extra vault ana stor-
age room underground, entlrely SUI
ro,ndinp the building. There VIII pe
NO extensive ornamentatlon or
travagant furnishings. The structule
is not being erected for INVESTMENT VI
advertising purposes, put pecaueh h,,sto
nresent needs of the companys UuSi-
pass demand it, The building VIII pe
readv for occupancy towards the emo
of the wear. and will cost, exclusive ol
the site, about $2bO,000. ,os+
The pacific Mutual is one Of the most
conservatively and successfully man
aged life insurance companies the ms
tory of the company belng one os Pr.
gress from the beginning. the onlcers
ana directors of the company are
amone the most reliable and reputaple
residents of the state, men VINO are
trained in the business and are careIui'
wise and prudent. The ofricers are:
president, George I. Cochran; vice
nresident and treasurer, can B. 1oIin-
son; second vice president ana actaa,t =
Tohn II. Roche; third vice president
nanford M. Baker; secretary. z. l: u
Moore. assistant secretary, Richard D.
Mier. comptroller, Alfred w. Morgan
assistant treasurer, Thomas b. lhCh ,
medical director, John L. Davis, M: -. )
attorneys, Herbert ]. Goudge ana w
ri. Davis; manager life department:
U{,mnhrey: manager home office
General agency, ]. N. Russell, 1r. OF
apents' accounts, A. F. iCulling; super
intendent of policy department, ii. ~
Moore. superintendent of the supply
department, H. j. Brown. The aooVS
named gentlemen comprise the oHiclal
family of the Pacific Mutual ana IN
tbe management of the affairs or tne
comnanv they devote their best talents
and energies. ever watchful OF the IN
terests of the policy holders tnat lne
earnings may be kept UP to the hlgneSt
nossible point from year to year. Whlle
at the same time the premium rates
are placed at points consistent VIII
safety to the company and guarane1e,e te,
of navment of all obligations IN 1uil'
Tbe company went through the earth
ouake and fire at San Francisco III
ions and suffered the loss of its home
office then located in that CITY; IN lso'
n nassed through the worldwide hnan-
ciaI panic, and yet in both these years
the company was more than success
full. Thus far this year tne nonui'no,, ~
Of business shows that conditions are
again Incoming normal, and new busi-
ness Is being written rapidly by Jhe
thousand field agents OF the company
in ali parts of the country, giving tne
office force of 200 considerable extra
The capital stock of the Pacific Mu-
tuaI is $1,OO0,0OO, fully paid IN. Inc Inc
assets of the company are $l4,l5l,IIo'
surplus $1,316,959, annual income $o,-
Ola eS5 insurance in force $lO2,'24,4lI'
Total paid policy holders since organ
ization. $21, ,2S41S1. This is most cred
fable showing and indicates in brief the
great strength of the comapny. The COM
many combines in one policy, life, acci-
dent health and old age insurance at
rates that defy successful competition.
There are many reasons why the Pa
cific Mutual Life Insurance company
does and will continue to pay high divl-
dends 70 its policy holders. The NOR
taIitv of the company is exceedingly
low. the organization is medium sized
western company and as such mas
many advantages not enjoyed py the
eastern giants" nor by the small,
young companies. It's investments are
OF superior quality. and earn an aver
age higher rate of interest; and lastly,
tbe rigid economy observed in the
home office and field management is
the watchword of the board of direc-
TORS of the company. Thorough effi-
ciencv and economy in the government
of the company's business are assured
bv the high personnel of the director
ate of the organization.
Tn addition to the complete Com
bination" policy the company issues
the usual popular forms OF insurance:
Term, Life, Limited Payment, Endow-
ment and Annuities. under approved