The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1913-01-17
ELECTS OFFICERS
. At ANNUAL MEET
Past Season Has Been Unus-
ually Successful-Writ-
ing Much Insurance.
CONFIDENCE SHOWN
IN THIS CONCERN
Over !. Million and a Quarter
in Policies Have Been
Written Already.

Enthusiastic over the success that
has attended the company during tn.
past eight months, or since the tim,
the capital stock was completed, tho
stock holders of the Great Northern
Ll1e insurance company at midnigh,
last night closed their annual meeting
after having elected the following of.
f1cers and directors:
Prestdent-Don Mcdonald, Grand
First Vice President-F. l.. Good.
man, Grand Forks.
Second Vice President-Johu Wild
Milton. ~
Forks.
Attorney-scott Rex. Grand Forks.
Medical Director--Dr. II. O'Keefc,
Grand Forks.
AHditor-H; E. Payne, Grand Forks:
Forks: John Wild, Milton; o. S. Han
son. E. J. Lander. Grand Forks; e.
r. Brownson. Williston; c. 1. +. Wag.
ner. .Rolla; c. r. Holmes, Inkster; w,
W. Reyleck. Grafton; 4. l. Hunter,
a. a. .Westeen. II. O'Keefe, Don Nc
Donald. II. +. Payne. Grand Forks;
0'connor. st. Thomas; c. G. Turner.
Gladstone; W. w. Walker. Cavalicr;
~. Park River: +. I. '''i Fk. Devils evils
Lake; II. ]. McMurray, Edmore.
Million and q Quarter.
In the last eight months the Great
Northern Life Insurance company has
ance. making the total insurance bust
ness on the books at the present time
approximately $1.1c5, 900, which is re-
garded as a remarkable showing for
such a young concern.
To increase Field of Work.
During the coming year the com
activities. Secretary seese being in
charge Of that feature. A large num-
Der Of agencies will be established
throughout the state. and every effort
will ,.bc made to make the Great
Northern the biggest Insurance COM
pany IN b entire northwest.
ganizing the Great Northern company
was launched, and the final capital
stock was sold in March, 1912. Since
then, the work Of writing insurance
has been under way. n an indica-
ton Of the kind of risks accepted IL
shown in the fact that there was but
loss during the year. that loss
basis Of the amount Of business done.
twelve losses would have been the
average.
The company is operating OH the
American experience reserve of three
and a half per cent. which fully 20
ticular.
Starting In Big.
This year the business is starting in
heavy, and during the first two weeks
Of January. applications for Il total
Of $4,000 life insurance was made.
The year: it is anticipated. will be
Of writing insurance unda. way, there
is hardly a limit of the amount OF
business that can be done by the local
institution.
Dakota Laws Stringent.
In the organization of insurance
companies in North Dakota. stringent
are aimed at thoroughly safeguarding
the interests of both the purchasers
pf stock in such companies. and the
interests of the policy holders. The
Great Northern company, at the time
It's capital stock was completed, was
declared by the state insurance COM
missioner to be in the very best of
condition.
New Secretary Ia Experienced.
Secretary Seese, who took UP his
duties with the Great Northern OIL
January I, Is one OF the most thor
oughly experienced insurance men in
The northwest. He has heen connected
with. several of the big companies
holding a prominent position with the
Prudential company for a number OF
years. He Games to the Grand Forks
institution confident that 1t has 4
splendid field, in which to operate, an
that it will he entirely successful.
Other Officers Well Known.
Other officials Of the company. from
President Mcdonald down, are all
very we'll known business men of the
state, and that fact adds considerable
to the confidence that Is displayed III
the concern.