Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-02-12
JOE O'RIELLY HAS
INSURANCE PLAN
FOR St. JOSEPH
Organizer Of Occidental Life
and Fire Companies in Al.
buquerque, Negotiating
With Missouri People Along
Organization Lines.

Colonel Joseph Henry O'Rieuy. Of
Albuquerque. n. M.--our joe" who
undoubtedly has "a wider acquaintance
among the people OF New Mexico.
Arizona ana West Texas IMAM any
other cltizen W his section. o. nnw
in ST. Joseph, NO. ana ~ planning
Co organize q fira insurance com
pany. with headquarters In that city.
Mr. O'Rielit. organizer Of the oc-
cideutul life ana Tire Insurance cum-
panles in Albuquerque. both ot when
have been remarkably successful. in
tends To- use the same methods "a
promoting the 81. Joseph company o.
he did in promoting the two local
companies For many yeats rc4i-
dent of Albuquerque. Mr.. oBielly en-
joys Wide reputation az "a successful
organizer whether h hc organizing b.
plan FOR an unusually brilliant Mon
tczuma ball. an annual state mlr. or
a lie cor fire insurance company.
SuCccss has always attended MI
o'Rielly's efforts. Tor he h. not only
remarkably clever as On otRauizrr
but has H way of making good when
the time arrives for successful cxrc1-
tiun in any project Nv. pBioily'r
many friends here and rls.W here viii
read with interest the following urti-
Joseph Gazette.
Just a. this time when the rire H.
furnnCe rat" question ~ one ~ the
chief commercial problems iu Mis-
souri,. Cot J. a. O'RieNy of Alhu.
queruuc ~ A.. proposes 20 give ST.
Joseph and IT, surrounding territory
a million dollar fire insurance cniu.
puny with headquarters In 81 Joseph.
The project is being submitted to
business men and financiers OF ST.
Joseph by Colonel O'Ricliy ln person.
who has been stopping a. tho Hotel
kuhidOuN for "a week past Ills rN-
p'rience in founding the occidental
Fire and the occidental Life lnsur-
aucD companies of Albuquerque now
having AN AZ grrgate business of near
Us 81, n0U GOO. although only ~iN year.
old. has encouraged Colonel D'Bfell,.
who b. u former Mis~ouriau. Co COM.
Co 81 Joseph Geo launch q try usur.
anct company here Sc visited 81
Joseph about year ago to look over
the field and returned 10 New Mexico
Ia formulate plans for the opening 90;
a tire Insurance company here. Ilis
plan Is 90 divide the capital ot ST.
ONO 600 into % SG0O. 600 surplus ana
$500. 0O0 common stock af 900 one
hundred dollar shares Ills expert
ence IN formulating the two thriving
New Mexico companies has taught
him 90 provide an ample surplus io
lstnrt with
The coucprn which hc hopes io o.-
ganiZe here would be- "a board dnl
| union company. and would zee once
| begin the r"tnsuring ct risks fr,m
ether Hihicnl companies Al capital
ana surplus would be- Investigated m
securities approved hy the Insurance
| commissioner Of Missouri and an tho
| money taken in by the concern would
BE- invested o. kept in ST. Joseph q
wuuid be- the plan ut the new com.
pahy to erect suitable office builu-
Ing here as soon 90 possible this
being the only form OF realty hold
| lnRg that the state department ot In
surlnoo viii permit
| For twenty years Colonel bRi,lN
has taken prominent part iu the at
| fairs pl New Mexico and Arizona. both
| iu % business aud social way ana H.
| has been one of the prominent iigtr, F.
ui Albuquerque Tor fifteen or twenty
| ears. llr is "a member OF the mui-
| url starr ut Governor Mcdonald of
| Sew Mexico. BEFORE organizing l.
1 two Albuquerque companies ColOn,.
i OEiclly was associated with several
| ot the most influential old line COM
| punles and has thorough work rg
| knowledge ~ tho Insurance business
4 in 900 he phuses He has opened Of
| fl,rs in The Corby Forsco building and
| expects 90 move his family Go st
Joseph as soon az he can arrange
| 60 DO 80