The Birmingham age-herald., 1912-02-27
MONASCO ELECTED HEAD OF SOUTHERN | STATESF|RE |NS. CO. General Agents and Clerks in Office Tender Resig-
 nations at Once GENERAL SHAKE UP NOTED IN COMPANY Successor to w. L. Reynolds Will De Chosen at Once-Moulthrop
 Resigned Some
 Time Ago

At a meeting of the directors held here yesterday D. F. Monasco was elected nresident of the Southern States Fire and Casualty Insurance company and R. B.. Watts was elected first vice president. Arrangements were also authorized for successor to ". l.. Reynolds as gem eral manager of the fire underwriting department The following directors were present. George Blinn, w. w. Crawford, Jack Cranford of Jasper, w. W. liar alson. Eugene F. Enslen, A. L. Dupre of Attalla, pr. W. S. Britt of Eufaula, Max Schmidt of Cullman, pr. G. B. Grove of Fayette, R. B. Watts, l.. D. Lusk of Guntersville, II. E. Mccormack and A w. avery of Pensacola.
 At the meeting the directors heard the report of the president for the past year and accepted it. The meeting was quite harmonious according to Secretary II. R. Haralson, and both the new officers were elected by an overwhelming ma jorty He also announced that the serv- ices of a competent and experienced fire underwater had been secured and that he would report to headquarters within tne neAl lWO UT liil tc uty iiN SuNN'OA' w. L. Reynolds, who has served for the past year, and has a large number of friends in this city and elsewhere.
 1t was rumored here yesterday morn- ing that the Southern States company would elect a new president to fill the chair which Col. Robert Moulthrop gave up a few weeks ago, and that a general shakeup was expected Colonel Moul- throp was made president about year ago.
 The secretary of the Southern States company refused to divulge any of the contents of the report of the president or any details of the meeting.
 All of the general agents of the com pany were in the city yesterday awaiting the results of the meeting. The follow ing were included: George l.. Meyers, general agent for Tennessee. of Mem- phis; A. D. Tobn of Augusta, Ga, the general agent for Georgia and South Carolina; w. S. Barry and s. s. Steele of Greenwood, Miss; H. c. Hare of Jack sonville, Fla, also agent for Florida, and C. F. Snyder of Lexington, Ky.
 General Agents Resign
 Following the meeting the general agents met and held a short conference With George l.. Meyers, A. D. -Tobin w S. Barry, s. s. Steele, II. c. Hare and c, F. Snyder present, they all sent in their resignations as general agents for the Southern States Fire and Casualty Insurance company in the respective states. The agents expressed themselves as being unwilling to do any further bus mess with the company now existing un- der new officers.
 The Southern States company has been operating almost exclusively under the general agency plan, which means that all business must pass under the juris- diction of the agents for the allotted states At present every general agent has resigned, as well as agents in other cities. The Blocker Insurance agency, the local representatives of the com pany, announced last night that it had sent in it's resignation as local agent, while J. F. Burke of Atlanta sent in his resignation. More are expected by the general agents.
 Clerks Also Leave
 The result of the action of the direc- tors did not meet the favor of the clerks in the fire underwriting department and immediately after the meeting every clerk rendered his resignation 10 the company w. l.. Reynolds, former vice president. announced last night that he had no plans for the future but that he had received a number of offers for lucrative positions
 Col Robert Moulthrop rendered his resignation a few weeks ago to the finance committee of the company, as he intended going west for his health, which has been bad recently.