Casper Daily Tribune Newspaper, April 12, 1925, Page 7

SUNDAY, APRIL 12, 1925 Che Casper Sunday Cribune PAGE SEVEN — The Yellowstone Nationai Lif Insurance Company Has Secured As Its President, Mr. R. F. Marquis, One of the Best I ' Equipped Life Insurance Men of the Country Assistant General Manager, Western Union Life of Spokane at age 37. A school principal at age 16, Present unassigned net surplus, $588,329.00. A law student at age 20. An actuary at 25 : Superintendent of Production Department, Bankers Reserve Life Insur- | ace Company, at 28. | (Company’s business grew from $4,000,000.00 to $25,000,000.00 and pre- | mium income from $110,000.00 to $900,000.00.) Present unassigned net sur- | { A successful consulting actuary at age 40—then actuary, Secretary and President of the Northern States Life of Minneapolis. Every life insurance company with whose management he has been connected, has proven a suc- cessful dividend-earning company an! hecomes to the Yellowstone National with the unqualified endorsement of the insurance press, insurance officials, state insurance departments and the country’s leading bankers and consult- ing actuaries. Born on a farm in Eastern Nebraska | | | plus $1,350,000.00, NORTHERN STATES LIFE INSURANCE COMPANY 1014-24 METROPOLITAN LIFE BLDG. MINNEAPOLIS, MINN. [Fr W. DALTON. Presipenr MF. WAGNER, Vice-Paeeipe RF. MAROUIS. OEcreTany 7 M, PETTIGREW. Treasurer A par value of $10.00 per share under Mr. | Marquis’ management of six years yielded a cash price of $24.00 per share. On. H, C. COONEY. MEDICAL Dingcron November 11, 1924 Resolved: We the directors of the Northern States Life Insurance Company, duly assembled in Special session, feel it our duty to have an audit of the books made; Covering the November 1, 1924. R. F. Marquis, President, Northern States Life Insurance 0: Minneapolis, Minnesota, entire life of the Company % Dear Mr. Marquis:~ But, we, the directors feel that this audit and the expense incurred thereby would be an unnecessary expense and amount to nothing without the full and free advice and assistance of our Secretary, Mr. R. F. Marquise i We learn with regret of your resignation as President of the Northern States Life Insurance Company, You were one of the organizers of the company and were the chief factor in establishing the high reputation this company held with the various State Departments under which the company did business. You have held yourself ready and willing at all times to keep every stookholder advised as to the financial transactions of the company. As Actuary, then Seoretary and later as President, you have earned the confidence of every stockholder in the com- pany and it was due to your efforts and clean management that we were able to receive $24.00 per share for our stock which was sold concurrent with your resignation. Your full dooperation in these matters, Mr. Marquis, will be fully appreciated by. the Board of Directors and, we want to assure you of our full cooperation with you in your connection with us as Secretarye Yours very truly, celle E Posen” VO Mend lade Uktnetd A), oa ty Chay G Ne Ff ieee d) SILA ‘Src ’ Excerpts from a Few of the Many Replies Received FIRST NATIONAL BANK Starkweather, N. D. The writer’s contact with Mr. Marquis was in an official way and from relations I have had with him have always found him willing to co-operate with the department in vari- ous matters and a competent man. March 2, 1925. A man of his experience and ability as an actuary fs. not picked up every day by insurance companies, and I anticipate that he will get flattering offers from other companies as soon as they learn he is retiring from our company. Any company securing his services will be fortunate. (Signed) T. J. DAUGHERTY, President. (Director, Northern States Life Ins. Co, of Minnesota.) Metropolitan National Bank, Minneapolis, Minn. A man well versed in insurance matters and we may say that our relations with him have been entirely satisfactory, F. C, HENEMAN. (Signed) Deputy Commissioner of Insurance, St. Paul, Minn. R. T. LINDALE, I assure you it is a pleasure to comply with such request in insurance business together with his wide experience and ac- quaintanceship will prove a very valuable asset to your com- pany. . (Signed) A. M. HAIGHT, Consulting Actuary, Indianapolis, Ind. First State Bank, F Mylo, N. D. I am very glad to know that you have made connection 4 ; ; with Mr. Marquis, for I feel sure that his knowledge of the He has in all instances proven true to the trust imposed upon him by the stockholders and has maintained the company in high regard with insurance departments under whose super- vision the company transacted its business. He has deserved the confidence of the directors, stockholders and policyholders alike. O. M. NESS, President. (Director, Northern States Life Ins. Co. of Minnesota.) this case for we know nothing but what is commendable and good of the man either as an insurance man or as a private citizen—wishing you and your company success. (Signed) 5S. A. OLSNESS, Commissioner of Insurance, Bismarck, N, D,