The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1920-01-23
STOCKHOLDERS
OF INSURANCE
COMPANY MEET
Report Show 1919 Was the
Best Year in History
Of Northern States.


Fifteen millions in insurance for
1920 was the slogan adopted last eve-
ming at the meeting Of the stockholders
OF the Northern States Lie Insurance
Co. whch was held at the home office
OF the company in Hammond. From
the enthusiasm shown the mark Will
be reached. with its million dollars
Of assets and sIo,ooo. 900 Of Insurance
in force the company starts on the
new year some d the great forces Of
the Calumet region.
At the meeting last night there were
present in person cighty-nve stock
holders representing $50 shares OF
stock and there we're represented by
proxy 5.9a2 shares OF stock
It was tbe hrst stockholders meet
ms since the capitalization and re-
insurance OF the Forest city Life In
surancs Company The meeting was
opened hy President II. 4. Sharrer in
a detailed explanation Of the gradual
and steady growth OF the Northern
States Life Insurance Company with
black board illustration showing the
exact igures in gain sc assets. income
reserve and insurance in force ana cs-
pecially the gain made through the
natural growth and merger OF tho two
companies during 1919 This showed
The Gain in 1919 in assets at $3.50 .08o. %.
in income. 1892 500; in reserve on
policies tio7.91o.oo and IN insurance
written. $5.s5f.5lf.oo.
Frank j ORourke was paid hign
compliment as the leading agent Of the
company for 1919. lie having written
and delivered personally sf27oo0 Of in
surance. There were other interesting
talks by 4. u. Warner. the president
of the Forest city Lige Insurance.
Company. Z. ". Engstrom ice presi-
dent of the old Forest City Life Of
Rockford, Ill: = Brown OF Wyanel.
III. &. J. warner OF rrophctstown. ia
and Tom Reber. of Rockford. III. Also
an actuarial report was given py DR..
p. r. Campbell OF Chicago. actuary to
the company. Those Of The Hammond
contingent addressing the meeting
were L. T. Bombergcr counsel; c. A.
Taylor one Of the stockholders; G. e.
Bonhsm. supt OF agents
4 vote OF confidence and apprecia-
tion Was given the president and his
organization Tor the splendid showine
the company had made and Tor the ef-
ficent manner in which the company
had been managed
The following directors were Thea
nominated and elected For two years.
m p Eeber. Rockford z. ". Engs-
from. Rockford. Z. ]. Warner Prophet
stown q Brown. Wyanet; II Z. Shar-
reri A. +. Rohrer i. r. Bomberger.
Anton II. Tspper. Of Hammond T. r.
Jacobson OF Chicago. For one year.
Max J Mauerman. 4. F. Patten of Chi
20: f. Z. Stanbury. OF Holcomb Ill;
NJ. 4. Kjengran OF Rockford. \ l..
Warner OF Chicago. Mat J. Brown. Of
crown Point. Harry L. Arnold Of Ciary.
J. j. Ruff and &. Z. Schrum. OF Ham
mond.
~ the closcof the meeting the
stockholders present were made happy
by retiring to the cashiers Office when
dividend checks were awaiting them
Those not attending thc meeting are
70 receive their dividends by mail in
the near future Immediately upon ad-
journment OF the meeting directors
meeting was held and the following
officers were elected for the ensuing
year
A. d. warner. chairman bo1rd Of
directors: II. Z. Sharrer. president and
general manager, +. w Engstrom,
Rockford first vice president, Mat j.
Brown. second vice president, Anton
r. Tapper. secretary treasurer. Paul
g. Parker. assistant secretary -treasur-
er. L. l.. Bomberger. counsel. DR. r.
II. FoN. assistant medical director. DR.
d r. Campbell. actuary
Executive committee; Anton II Tap
per; l.. l.. Bomberger: f. r. Jacobson:
T y. Reber: A. r Rohrer
Finance committee. II. F. Sharrer;
Anton H. Taper. f. r. jacobson