The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-05-06

has been done IN Minneapolis ON the
SUBJECT Ot corporation Insurance
St'Nlin was young man or large
prouise-a man who believed in MIN
self tremendously --whO impaired ms
SELF confidence 20 Others-a man
whose ambitious plans entailed ncces-
sarily largo CrcdlI Ia Mr.. SheVln =
& lifetime the huge business insurance
which he carried did much TO support
not only the credits needed bus the
estimates ~ value which his corpora
. lon put upon him. In his untimciy
death the insurance moneys supplied
the basis for making good all credits
ana moe muiiylrC the business TO the
extent OF the policy IN dollars and
cents tho money loss of the life. In
wc.e Intimately concerned and Mr..
Nhevlin', estate further conserved by
3 the Importance OF this insurance 10
/ the Sheyclin COMPANY
! Some Of the bic figures in the
! Minneapolis banking world are direct
Ors In a local life company and have
learned first hand that life insurance
can protect business or a bank
| against money losses following the
Z insured to death as effectively as II
! can protect the family Life insurance
4 has come into vogue because certain
/ lives are financially valuable TO
others. II is. therefore. no far cry 20
insist upon insurance for the interest
/ ed business associate just as YOU do
for the interested family"
| Prominent bankers are among the
I greatest boosters OF business insu-
rance. Here are expressions from
two banks:
The Colonial bank. New York
10 IT, our practice as a rule 10 make
INQUIRIES II = customer carries life
Insurance. II SO. We always like to
have some payable for the benefit
D. d.
We think o. very good asset TO
nave on account Of borrowing.
ALEXANDER WALKER.
The National city bank New
{ lork-A number OF partnerships
that carry accounts with as have
/ IN" lives of one or more partners
insured for the benefit OF the bust
q ness. the reason for this being that
! in case 81 the death Of "A partner.
/ who s. heavily Interested in the
hrm. % viii not neccssitate the dis
solution OF &c. II their lives were
not insured. the Arms would have
I 20 dissolve. IN order 10 satisfy the
! estate Of the deceased rh. far-
that thc partners life IS insured.
places Tho firm IN much better
/ position 20 secure credit. FOR the
Jason That The bank granting him
credit SHOWS that upon the death OF
partner the firm will NOT be-.
/ forced to hquidate Immediately. n
AZ all
J ,SiEuedl
Il NATIONAL. CITY BANK
i Among policies OF matured business
insurance paid by The Mutual Life. OF
Y New York. are the following
II Augusta, CAL. &. Perkins. S25
600 10 the Empire l. Co: ] r. Nc
Gowan, $4,000 to Inman & Co. William
VI Nadley, $50. 900 TO Wrisht-Wadley
company
Buffalo. y. Y.-Fred n Henry. SO
1000 10 Henry * Henry
Chicago, llls-M J. Breen. 800 .OOt
TO \. J. Graham: Joseph DeimeI
100000 TO National Parlor + com
lpany: John 4. Gaugor, $50. 900 TO j. \
lGaugcr 4, Co.
81. Paul. Mimi. l. ShevIin. 500
400 10 Shevlin company. this beinl
one of several policies agCregatinc 2
million dollars. 7. l. Shevlin. 800 UOt
ITO Sheylin-lIixon company. one OF
several policies amounting to $500 .OOu
hundreds Of similar instances could
h" enumerated. but these suffice Tho
careful business man. the careful
corporation. will quickly see the
manifest advantages OF carving IN
Surancc on tho lives % the men who
.count big in their success