Wausau pilot. [volume] (Wausau, Wis.) 1896-1940, 1915-06-22
ANNUAL MEETING.
Employers Mutual Liability Holds An
nual Meeting Thursday.-R Report Most
Favorable-ShowsM Marked Increase.

Shows Marked Increase.
The fourth annual meeting of the
members of the Employers Mutual
Liability Insurance company was held
at the company's offices, 81 Fourth
street, last Thursday morning. APP
proximately 700 policy holders were
represented by proxy and out of the
present. L. E. Geer, Manitowoc; L.
X. Baker, Odanah; w. w. Vincent,
Kenosha, and NJ. A. Wertheimer, of
Kaukauna, were the four unable TO
be present. The six directors whose
term had expired were reelected for
term of three years. They were as
follows: M. A. Wertheimer, NJ. P.
Mccullough, Karl Mathie, B. f. Will
son, G. d. Jones and Neal Brown.
W. G. Landon, who had been a
member of the board and it's presi-
dent, before the policy holders, pres
ented his resignation which was
not be accepted. At.the' close of the
policy holders meeting, after the an
nual report had been presented, a
rising vote of thanks was given to the
officers of the company.
Following the meeting of the policy
holders, the directors met. Besides
the directors, d. G. Everest, j. n.
Manson, of this city; and A. @. Down
ing of Milwaukee were present. A
ten per cent. dividend was voted to all
those insured in 1914. After the bust
ness meeting of the directors, w. G.
Landon presented his resignation.
Neal Brown was elected president
with the other officers the same as
last year: A. Hirshheimer, w. W.
Vincent, w. E. Brown, Karl Mathie,
NJ. A. Wertheimer, vice-presidents
H. j. Hagge, secretary; B. f. Wilson,
treasurer. Karl Matnie was appointed
to Mr.. Landon'S place on the eXecu-
tive committee, while A. G. Downing
of Milwaukee was chosen to replace
Mr.. Landon on the board of directors.
1t is exceptionally interesting to
note the remarkable progress made by
the Employers Mutual in the last
several years. 1t has come for
ward into one Of the best recognized
insurance companies in the state and
all within very brief period of time.
The number of policy holders, mem
bers of the company, has reached
1858. This insurance company can
boast of so per cent. more business
than any other firm of it's kind in the
state and with all this it's managing
expenses are shown to be less than
other corporations ina all parts of the
country. More than $550,000 has
been saved the policy holders. In the
past year, with all the obstacles of the
present time, the business of the COM
pany has been increased 25 per cent.
The assets, a year ago but $l0,050,
now total SAC, 223. The record of the
State Industrial Commission shows
that the percentage of expense to the
premiums earned, as an average is "a
per cent, while in the Employers
Mutual it is but Is per cent. This
record is certainly a most creditable
one and those at the head deserve
The State Industrial Commission,
G. II. CroWnhart, chairman, in writ
ing the Employers Mutual in regard
to their business, paid some very fine
to the company. The
letter stated that the volume of bust
ness of the Employers Mutual was the
largest of any insurance company in
the state; that its treatment of in
jured employees had been liberal; that
the economical management of the
had been excellent; that the
had met with notable sue
cess in it's inspection work; that the
safety work had been of high order ;
that the while the average company
in Wisconsin made in total premiums,
$50, 900 in 1914, the Employers Mutual
made 1896, 0OO 1t may safely be said
that the Employers Mutual Liability
Insurance company has proved great |