Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1910-12-16
Local People Interested i'm Fire In
surance Company.

The Western Empire Insurance
Company of Spokane, known as tbe
Irl-stato Company, and owned by
stockholders residing in forty-two of
the cities and towns of WASHINGTON.
Idaho and Montana
F. T. Greene, formerly county an-
ditor of Spokane county and now
treasurer of the Western Empire In
surance Company, is spending the
week in Pullman in the interests of
the company.
The Western Empire Insurance
Company is a successful local fire
insurance company and essentially a
nome company 1t has been the pol
ICY Of the company to place only a
limited amount of its stock in each
locality. The earnings of the fire
insurance companies make this stock
q much desired investment. and it is
not often offered to the general pub
lie. The Western Empire wishes to
be in fact home company-not
with a few stockholders with large
holdings, but rather a large number
Of stockholders with smaller hold
ings. The capital stock has been in
creased to $300,000.00 paid up and
$3OO,OOO.00 surplus. The assets of
the company are now over $350,O00,
and when the increased stock is
placed they will be over the half mil
lion class.
The state Of Washington pays an
nually approximately 100000 for
insurance; Montana, $1,30O,00O, and
Idaho, 100000, the greater part 60
ing East and to foreign companies.
The United States pays annually to
European fire insurance companies
more than $70.OOO,OOO. The more
insurance money and profits that can
be kept in the Northwest, the better
for all parts of this section and its
upbuilding.
The Western Empire Insurance
Company has concluded its second
year of successful business and it's
management is marked by clean-cut, |
economical business methods, the
books and records being open at all
times for the inspection of stockhold-
ers at the home office, No. 204 Eagle |
building, Spokane, Wash 1t is a
matter of pride to the company that
in it's organization not a single share
of stock has been given for promo
ton or influence or any other con-
sideration except cash or approved |
securities. Clean, economic and fair
are the words that fifty characterize
this company.
Among the directors Of the COM
pany are found the names Of business
men of such high standing as to as
sure both policyholder and stock
Of a fair deal. The directors are:
Samuel Galand, president North
West Loan e Trust Co., Spokane;
Jno. w Graham, of Jno w. Graham
& Co, Spokane; A. L. Babcock,
president Yellowstone National bank,
Montana; A. B. Cook, rail-
road contractor, Helena, Mont; |
S. Lane, president Ind.
Con. Tel. Co., Spokane; Edw. J.
Dahms, vice-president and general
manager; R. D. Miller, ex-banker, |
Frank E. Partridge.
It's finance and auditing committee
is particularly strong and conserva-
tive: Hon R. C. McCroskey, Garfield,
president Pullman State bank; Hon.
J. D. Bassett, Spokane, Wash, presi-
dent First National bank, Ritzville, |
president Union Securities Co.. Geo.
M. Miles, Miles City, Mont, president
First National bank; Peter Yegen,
Billings, Mont, president, Yegen
Bros, bankers and merchants.
Without doubt the Western EN-
pire Insurance Company fills a need
ed place in the Inland Empire. and
is worthy of the confidence and sup
port which it has received.-Adv.