The Birmingham age-herald., 1912-12-31
Capital Is Increased to S3OO,- 900 and Surplus Increased
 by S150,OOO
STOCKHOLDERS IN
 SESSION YESTERDAY
Assets of Industrial Insurance Com pany Purchased for $200,000. New Members Placed on the
 Board of Directors

At meeting of the stockholders of the Interstate Casualty company, held yes
 terday in the offices of the company, the
 capital stock of the company was in
 creased from $25o0O0 to s3O0,Ooo, and the surplus of the company was increased
 by s150o00.
 The Interstate Casualty company,
 which has been in business for the past three years with a capital stock of s250,- coo, purchased the assets of the Indus
 trial Insurance company for s20O.Ooo, in creasing it's capital and surplus by this amount. This increase in the capita
 stock and surplus of the Interstate Gas
 ualty company, it is pointed out makes 1t one of the strong and aggressive com panies in the South. It has a capita which will permit it to do business ir any state in the union and surplus which, it is claimed, is sufficient to en- able it to write practically all of the
 business that can be secured.
 At the meeting of the stockholders
 there were more than 75 of the out-of.
 town members, who were well pleased with the showing that was made, and gratified at the increase in the capital stock and surplus.
 Immediately after the stockholders ad- iourned the board of directors met and elected L. " Clark, c. B. Mccormack,
 Erskine Ramsey. w. P. G. Harding and H. M Archibald, Sr., to the board The present board of directors, including the newly-elected members, consists of repre- sentative business and professional men throughout the states of Alabama and Florida, as follows:
 Henry B. Gray, president; w. w. Craw- ford, president American Trust X Say ings bank: Louis Y. Clark, insurance G. B. Mccormack, president Pratt Con- solidated Coal company; Erskine Ram
 sey, viee-president Pratt Consolidated Coal company; W. P. G. Harding, presi-
 dent First National bank; H. M. Archi-
 bald, Sr.. insurance; Louis Saks, mer- chant: Eugene Fies, Flies x Sons; Ross
 c. Smith, vice-president Acme Lumber company; E. G. Chandler, merchant; Lee Steiner, Steiner Brothers; Walter Moore, president Red Star Coal company; J. Y
 Stokely, attorney; w. H. McAdory
 sheriff Jefferson county; Frank B Fowkes. real estate; E. F. Enslen, presi- dent Jefferson County Savings bank; ] w. f1uSDeSI eA-pOSliildSlti bs b. oi rent tax collector Jefferson county; H D. Wilson, second vice-president; H. NJ Archibald, Jr, secretary; C. B. Rogers president North Birmingham Trust X Savings bank; F. E. May, physician; J L. Parker, druggist; A. D. Smith, insur' anee, all of Birmingham. and Lewis B Farley, president New Farley National bank, Montgomery; Gaston Gunter, judge city court, Montgomery; John H. Bank head, Jr, attorney Jasper; Oliver R. Hood attorney, Gadsden; w. K. Hutton cashier Huntsville Banking X Trust com pany, Huntsville; J. w. Minor, presi' dent Bessemer Fire Brick company, Ems ley; B. W. Watson, capitalist, Pine Alp ple J. c. Wood, probate judge, Hayne- vile; Dr. ]. r. Alexander physician Blocton; J T Hughes, president Florala Saw Mill company, Florala; J. H. Drake ford, president Bank of Tuskegee, Tus- kegee; S. M. Spencer, physician, Eutaw NI M. Mccall, manufacturer, Opelika ]. T. Kirk, attorney, Tuscumbia; J. B Rylance, capitalist, Dadeville; J. C. Kumpe, probate judge, Moulton; w. F Stowers, capitalist; Attalla; $. D. Me i Gee tax collector, Tuscaloosa; s. II. An drews. president Andrews Hardware company, Jackson: W. D. Mitchell, bank CT, Craigford; w. o. Butler cashier First National bank, Chipley, Fla; w. II. Mil ton president First National bank, Ma rianna, Fla. II. l.. Covington, vice-presi- dent Conn. N. s. Co, Pensacola, Fla. A. II. Dabbs, banker, Carrolton, Ala. w. D. Sellers, physician, Anniston