The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1911-10-09
|n0|I LIFE MAKES
WONDERFUL SHOWING
,osh Only Seven Months Old,
local Insurance Company Is
Doing Remarkable Business.

~ Initial work OF organizing the
@[[oLL Life Insurance CO.. was com
1<<1 n July. 1910. and on Jan. IA,
The company was granted It's
<<141 ~ the Insurance. commission
Of The stale after depositing $780,
NO ~ bonds and mortgages with the
|1[t treasurer, as required by law.
~ company IL capitalized for $780,
divided into 5000 shares At par
&|ot q $50 each. The stock - held
|/ prominent and influential people
d e<ery county and almost every city
md village In the state of Michigan,
bout one-third OF the capital stock
being placed In the upper peninsula
The officers and directors are as fol-
IQH1 N. Il 0'Brien, president; Hen
III j Guthhrd vice president: A. Il.
EI1ncf. secretary: W.. Il. Quinlan,
[ro4surer; j.. ID. Baty, asst. secretary
and treasurer; r. II. Watson, general
tounsel' j. Fl. Carstens, medical d.
rector. Directors-James Anstey,
banker, Ashley; Dwight Backus,
banker, Potterville; J. J. Bennett, In
&urance, jackson; ]. Z. Brown, at
|orney, st. Johns; b. d. Cady, post
master. Port Huron: ia. Campbell.
e|ectrician, Detroit; e. 10. Chapple.
manufacturer, Bedding: G. w. Crou-
Her. lumber dealer. Charlevoix: ]. II.
Carstens. physician. Detroit; J. B.
Chaddock. attorney. Detroit: H. ].
3ulhard. insurance, Detroit; s. A.
Graham. Judge of probate, Port
Huron: r. r. Hoffmaster, dry goods
merchant. Battle Creek; e. @. Hall,
Insurance, Detroit: /. c. Jennings. at
<orney. Escanaba; Dan. p McMullen.
0ostmaster, Cheboygan; l.. A. Moon.
1eneral merchandise, Boyne Falls;
Al ~. O'Brien. insurance, Detroit: 9.
D. onlnlan. Insurance, Detroit; j. q.
Reuter-. city clerk, Lansing; j. e.
Ready. county clerk, Monroe; j. z.
Sherman. real estate, Marquette; w.
Spears, banker, vassar; Scott
Stnhl. banker. Port Clinton, o.; w. M.
Ihompson, banker, Jackson; ID.
watson. attorney, Detroit: j. +. Cor
corhn. banker, Crystal Falls.
On June 6, NJ +. O'Brien, former
N first vice-president was elected
ortsident and general-manager Of the
<ofnpnny. succeeding j. b. Chaddock,
Who resigned that Mr.. O'Brien might
81 elected When Mr.. O'Brien took
hold OF the management of the COM
D6ny's affairs, the company had about
<100.OOO insurance In force. The
Business has grown rapidly since that
tine, 50 that, at the present writing.
tie company has $l.250.000 In force.
Ihis ~ an excellent showing for
rompany which is only about seven
months old. as the FIRST policy was
>sritten about March 1. At the pres
<6f rate OF production, the company
>Ill have over $4,000, 900 In force
Jan. i, 1912. Before associating HIM
r.,e for years general agent for the
Northwestern Mutual Life.
Las will be seen by referring to the
Hs( OF directors. the Detroit Life has
a.nnmber Of substantial business men
l||toushout the state associated with
Tie company. and these, together with
a numerous stockholders, are a
~ ut benefit to the company In secur-
i&< Insurance and obtaining agents.
The yice-pIesident. Henry j. Guth-
10, Is q member OF the welfknewn
m OF Jacob Guthard 4 Sons, who
4 We one OF the largest fire insurance !
4 |tncies in the city. Mr.. Guthard is
1|so yice-president OF the Metropoli-
TN State bank.
MI. Fisher. secretary OF the COM
Any. was formerly with the Sun Life,
h[xIng been the manager for the
45ntheastern part OF Michigan for
1bout 10 years The company ID
1|ilding large agency force in De-
Holt and. at the present rate of pro-
tss, will soon equal the production !
8 the older and larger companies In
metropolis and become one of the
Ireest OF the Michigan life insurance
<Xmpanies According to the report /
e. the business written last year In /
N state, there were only two com
hlcs writing more insurance In
Michigan than the Detroit Life is at
q II time.
|1he policy OF the company Is to In
ST Its funds I'm Michigan, when |
ser adequate security Is offered. II
the aim OF the company and it's |
oIcers TO branch out into other states |
n6 rapidly az possible, although moth
In3 VIII be done along this line until |
4f(er the first OF the year.
The company is issuing all the |
<Gnl1iar forms Of life and endowment |
Iicies, every policy including pro- |
{|<(ion IA the event OF total and per- |
&nent disability. This Is COM
,&rat;vely new feature In life insur- |
nee protection and IL a very valu- |
Die provision for the policyholder.
~ the company Is organized under |
ne legal reserve laws of the state Of
Michigan, II is the intention of the
o||Icers to deposit with the state
|<asurer, in approved securities, the
||II reserve on every policy issued.
As there was over s44,000.000 of old
HE or legal reserve life insurance
<.,tfcn In Michigan last year, and as
|.s than y10,000,000 went to Michi-
- companies. there In vast field
.| the development of home com
0ics, and the officers and directors
g. the Detroit Life intend to do every