The Oskaloosa herald., 1909-10-28
Mrs, ketcher Of Chicago Sets Record
for Women.
OWNER OF THE BOSTON STORE
Many Men Garry Like Amounts, the
Leader in America Eeing Rodman
Wsnanaker European Po-
tentates Well Insured.


her policies to $1,000,00O. thereby be-
coming, it is believed, the most heav-
lily insured woman in America.
The new policy is doubly interesting
because of the fact that until recently
most companies would not accept wo-
men at all and even now the limit on
women is smaller than on men. The
new insurance was placed in the Equit-
able Life by William b. Garlic, Chi
lcago manager of the Mutual Life of
New York, who had previously insur-
ed Mrs. Netcher's husband, the late
Charles Netcher, for 100000.
Mrs. Netcher has good reason to APP
preciate the value of life insurance.
Her husband took out his $500 900 pol
icy in the Mutual Life of New York
early in 1904 and died in June of the
same year. The money was paid at
once and relieved any shock that
might otherwise have been sustained
| by the stores business through the
sudden removal OF its founder and
head. "
| Aims To Protect Business.
Mrs. Netcher, who took up his work
and responsibilities, promptly applied
for an equal amount of insurance. AS
the Mutual Life would issue only $500.
900, she took 100000 more in the
New York Life, which reinsured
considerable part of that amount. The
first 100000 was written on the non
participating plan, and the 100000 on
the participating, all being whole-life-
insurance. Mrs. Netcher takes out
the insurance to protect her large bus
Iiness interests, as she is preparing to
erect a large fireproof addition to the
Boston Store on part of its State
street frontage.
or late years women have been en-
barking more extensively in business.
and as their insurable interest has in
creased for this reason the life insur-
ance companies have relaxed their for
mer restrictions. "
Some large lines of insurance are
carried by the foreign nobility in con.
Injection with the entail of their es-
Itates. 1t is understood that the Ouch
ess Of Marlborough, formerly Consuelo
Vanderbilt, carries $750,000. The late
Lady Curzon, who was Daisy Letter of
Chicago, took out 100000 shortly be-
fore her fatal Illness. Mrs. Leland
Stanford of San Francisco, has $780,
1000. Both the daughters of the late
George NJ. Pullman are heavily insur-
ed, Mrs. Frank o. Lawden of st.
Charles, having $25O,O00, and her sis
ter, Mrs. Frank J.Carolan of San Fran
cisco, an equal amount Mrs. Mar
shall Field, Jr., Mrs. Edward Hines
and Mrs. Andrew J. Graham, wife of
the West Side banker, are insured for
$4,000 each, and Mrs. Lawrence Reed
for $4,000
Men in 81 100000 Class.
There are not many men in the mil.
| lion-dollar class in life insurance, to
which a woman has now attained.
John Wanamaker of Philadelphia was
for many years the most heavily in
sured man in the United States, but
much Of his line of 81 100000 was on
the endowment plan and has matured
His son, Rodman Wanamaker, proprie-
tor of the Philadelphia Telegraph, mas
succeeded his father as the most heav-
lily insured American, carrying more
than S2000,000 Other fasteners who
exceed the million-dollar mark are
George w. Vanderbilt of New York
and John N. Mack of Philadelphia.
Among the Chicagoans who are re-
Iputed to carry $l,000,000 or more Of
life insurance protection are Fl. C.
ILytton of The Hub, H. H. Kohlsaat
and H. NJ. Byllesby, the engineer. w
K. BiXby of St. Louis, president of the
American Car and Foundry Company
is also in the million-dollar class. A.
c. Frost of the Chicago and Milwau-
kee Electric, carried $1,7OO,OOO before
his financial troubles and still main.
tains 100000 OF that amount Sam
uel insult of the Commonwealth Elec
trio Company has $500, 900 and Andrew
~. Graham S400,000 n. y. Higinbo-
than, formerly of Marshall Field e.
Co., carried 100000 for a time, but
has taken paid.up insurance for part
of the line.
Enormous amounts of insurance are
carried on the lives of foreign poten-
tates. Some Of this is taken out by
themselves for the protection of their
private affairs, but the larger amount
is carried by tradesmen and speculat-
ors to protect themselves against any
disturbance of business which might
follow the death of the monarch.
Enormous amounts are carried in this
way, on the life of King Edward of
England, and it is reported that on
the death of King Humbert of Italy
81 100000 was paid most of it to his
estate, as little speculative insurance
was carried on him. Emperor viii
liam Is said to be insured for s., 900, 600
and the present King of Italy for So
100000. 1t is not believed that com.
panies could be found which would
risk large amounts on the life Of the
/ Car of Russia