Bismarck daily tribune. [volume] (Bismarck, Dakota [N.D.]) 1881-1916, 1913-02-11

---I e.
| company sets a new pace for the live
stock and agricultural interests Of
| North Dakota. The company is CAPT.
talized for only $1,000 600, with ar an
pie surplus to provide for any contin-
gency that may arise. The small cap
ital makes it possible to earn divi-
dends that will invite capital and at
the same time makes possible a mini
mum rate to the assured.
The capital stock will be distributed
throughout the state, making impos-
sible the control by a few men who
might wish to manipulate the stock
for selfish ends.
The wide distribution of the COM
| pany's holdings also creates a wide
| interest and gets business for the
company at a small cost.
"keeps Money At Home"
Insurance in its various forms &C
cumulates more money than any 9TH
err business in the United States. In
surance assets when put in figures ex-
coed the capitalization of all the So
| called trusts, steam ana electrical
| roads combined.
Dakota people are paying millions
| of dollars each yearlin insurance pre-
NUNS in excess OF losses paid. This
money goes out of the state never
to return In any form.
| yVhv MT hooir y0W fn Low tho f01ln.
dation of enterprises that will keep
these millions at home to be used in
[ the development of the state.
Not only will the stockholders OF
Dakota insurance companies make
paying investments; but the people
as a whole will profit by cheaper
money for promoting their different
lines Of business and in the general
development Of Dakota.
The Dakota Live Stock and Casu-
atty Insurance company will not only
keep money in the state, but draw
money from other states. -
Possibilities Of Business.
North Dakota has stations valued
at more than a million and a half OF
dollers; farm horses valued at more
than one hundred million dollars;
mich COWS valued at than ten
million dollars; other cattle valued at
more than fourteen million dollars;
driving, track and training horses
valued at two millions; mules valued
more than one million dollars.
The i%nsurable live stock of North
Dakota insured at one-half value
would produce a premium income OF
J one million, seven hundred and forty
five thousand dollars.
Allowing that the Dakota company
only writes six per cent OF the posi-
BILE insurance in the state, its annua;
premium income Hill be $104, 700.
South Dakota and Minnesota each
have more insurable animals than
has North Dakota. Hence, it is fair
to assume that the Dakota Live Stock
and Casualty Insurance company will
: when thoroughly before the people
receive in annual premiums more
than 100000, which will be invested
so as to assist in the development Of
the home state. s.
i MANAGEMENT.
The character Of the men who have
organized the company is such as to
guarantee it's success. The %stocklold-
ers so far are: S. D. Cook, Helena;
DR.. Quain, DR.. Tracey, DR.. LaRose, &.
F.. Dullam, DR.. Brandt, R. F. Flint, J.
A. Graham and B. C. Marks Of Bis
marck; Ralph Ward and j. B. Robin
son of Garrison, w. B. Richards OF
Fargo, H. j. Kemper of Mlnoc and Mr..
Crewe of Devils Lake.
Messrs. Cook and Lowe, sales man.
ayers, are both strong men in their
respective lines. Mr.. S. D. Cook has
an experience of 20 years in the in.
surance business in a managing ca
pacity, while MI. j. B. Lowe is one OF
the best, if not the best, field insur.
ance statesmen in the west.
Away back in the early days Mr..
Cook was prominent in politics and
figured conspicuously in the division
Of the territory. Later, he was a
prominent figure in the capital fight
of South Dakota, publishing several
papers in that state. He has been in
Bismarck, more or less, for the past
forty years and is we'll and favOraDiy
known by all Old-timers. He has been
in the insurance business for thirty
years and during his long experience
in the middle northwest has establish
ed an enviable reputation for bust
ness sagacity and ability.
Mr.. Lowe enjoys the proud distinc-
ton of being one of the very best
field ,nen in the west, and carries tes-
timonials and letters\of merit from
the biggest institutions. With these
two men at the head of the institu-
ton and the class of stockholders that
constitute the company. there is but
one result, and that is bug uccess
There is one little feature which
is noticeable about the procedure or
the organizers of this company, and
that is the fact that none are admitted
except those who are well recon-
mnndad for II il the intention of the