The Dawson news. (Dawson, Ga.) 1889-current, 1910-06-22
CHARTERS WASHINGTON-L
cTATE OF GEORGIA AUTHORIZES
NEW INSURANCE COMPANY.
Will Deposit 100000, and Begin
Business at Once. Enthusiastic
caIIv Received Everywhere.

Business at Once. Enthusiastic
calIy Received Everywhere.
Business men who have been
watching with interest the organiza-
+ion of the Washington-Lee Life In
surance Company of Georgia, which
is being organized at Dawson, and
which is fathered by Dawson capital
lists. will be interested in the an
nouncement that the state of Geor-
gia granted the company its charter
Thursday.
At the office of the company when
the telegram came from Atlanta an
nouncing that the charter had been
granted, all the conditions of the law
having been complied with, were
Hon. Jno. r. Mercer, president of the
company; DR.. j. G. Dean, vice-presi-
dent, and Mr.. Frederick Kaufman of
the organizing board. Thus a new
insurance company came into life in
Georgia, the first big company to be
organized in this section of the state,
and one which will enter the field
with every show of success.
A 100000 Deposit.
Immediately after the telegram an
nouncing the granting of the charter
had been received the officers of the
company determined to begin work.
aud not wait for the entire sale of
stock That is, the organizers de-
termined to put up all the money
necessary to begin the actual bust
ness of the company, and to that
end kilograms were sent to the north
for 500, 900, which will be deposited
with the state of Georgia at once.
This will be full compliance with
the rigid laws covering old line in
surance companies, and will provide
ample protection for the policy hold
ers of the new company.
Worthy of more than passing note
is the decided departure which the
WashingtOn-Lee Life Insurance Com
pany of Georgia will make from the
business of other southern COM
panies in developing the field of in
termediate insurance. While this
class of insurance has been widely
sold by some of the largest and most
prosperous companies of the north
practically none of this insurance has
been written in the south, where, it
seems, the field is most inviting.
In Reach of Everybody.
Intermediate insurance is the name
applied to insurance written in small
denominations-$100, $500, $500
and the like. The Washington-Lee
Life Insurance Company of Georgia
proposes to devote it's energies large
Iy to this class Of protection, which
VIII place insurance in reach of a
large majority of people who cannot
AFFORD to take policies of $1,000 or
more, but to whose families even the
smaller sums of money would come
as mamma from above. The organ
Hers of the company announce that
Ihey will sell this class of insurance
at the same proportiOnate rate as
tne larger policies, in which event
Ine Westinghouse Life Insurance
company of Georgia cannot fail to
oe OF lnestimable benefit to the peO-
PIE OF the territory which will be
covered by its operations-the south.
The personnel of the men behind
the Westinghouse Life Insurance
company of Georgia is the strongest
guarantee of it's success. They are
men who have made splendid sue
CeSseS and men of ability. Under
Iuelr management the Washington
lee Life Insurance Company of Geor-
5la IS entitled to the fullest conf
uence OF the people whom it is or
edhlzed to serve.
G. Mr. Joseph J. Rogers of Winston
Salem, N. c., a prominent insurance
man. and one especially experienced
~ intermediate insurance, was in
lawson Thursday and Friday con-
iieIrlng with the officials of the Wash
iiusloh-Lee, and in all probability will
We prominently connected with the
company.