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THE ATLANTA GEORGIAN. SATURDAY. JI NK K. I!**. why stockholders want POLICYHOLDERS KEPT OUT LIFE COMPANIES M any persons do not understand why the stockholders of life In surance companies are strongly opposed to control of the Htncial policy of those companies by ■ollcyholdera. This will be better ap preciated by an examination of the re- Em., secured by stockholders in those companies under the present methods, irtleh the New York law has sought to ■odtfy. I Life Insurance stocks are very valu able assets. They are unlisted, not eonmmonly for sale, and are closely held by a few people, growing more faluable year after year. The foHasr- Ug ((dotations on stocks nt various may prove Interesting: Ths Aetna Life Insurance Company Hartford—Incorporated with an original cash Capital of $65,400. This vas Increased at various times to COO,000, all hut the hut 1250,000 being made by means of stock dividends. The original Investors of 165,000 have $1,- 750,000 of stock to show for that In vestment. The dividends are If 1-2 per cent per annum, nnd the value of the stock In excess of $444 per share. Original Investment of Jioo now worth 110,600, besides cnsli dividends amount ing to 11,184 and present annual divi dend of 2181-2 per cent on Invest- " fhe Prudential—In 1880 Its capital was $100,000. Since that time the eap- ItaJ has been Increased to $2,000,000 by stock dividends alone. Slnco 1893 It has paid to date-yearly dividends of $•00,004, or 20 per rent. A man who paid In $100 originally for one share non holds $2,200 (22 shares). This stock has sold' as high as $880 per share. Therefore, 22 shares would show a value of $18,950, and yearly dividend! of 220 per cent on the original Invest ment of $100. Metropolitan—Original Investment of $100 Gqunla $18,000. 0r, 8 |na,| y capitalised at 1260.000; Increased by stock dividends to $1,000(000; stock reported at $900 a share, or $3,600 for original Investment of $100. •Provident Life and Truit of Phila delphia—$504,000 paid In; since doubled out of earnings. Bona tide sale of stock at $779 a share, or $1,580'for original Investment of $100. The record of many other companle*. such as the Bankers', of New York; the .Manhattan, Union Central, ete^ might be quoted, all of which show similar results. In fact, the average of the twenty-eight stock companies of the United States shows the original In vestor of $100 has received a total In cash dividends and stock In hand of $12,400, with, at present. an average dividend of 100 per cent on original Investment. While such results cannot, of courae, be obtained by new companies, the be lief that life Insurance stock In a well managed company, under old lino methods. Is a safe and profitable In vestment Is dally attracting the atten tion of local capital In the South and haa already resulted In the formation of a number of companies under strong conservative management, which have undoubtedly line futures ahead of them. Among these may be mentioned the Cltlsens' Life of Louisville, the Empire Mutual Life and the Southern States Life of Atlanta, the Volunteer State Ufa of Chattanooga, the South Atlantic Life of Richmond, the Security Life and Annuity of Greensboro, and others. SHUT OFF LOANS HAVE BEEN CALLED UPON CAUSE OF SAN FRAN CISCO FIRE. PERSONAL NOTES OF INSURERS Edion C. Pries Comes, recent addition to the ranks of Atlanta Are Insurance men Is Edson C. Price, who, for ten years past, has been local agent at Goshen, .V Y„ and who now makes a connection with the- progressive local agency of HHns MacIntyre. Mr. Price Is nn expert In •II lines of Are, liability nnd casualty Insurance, and (old his former agency In order to remove to Atlanta, whore there Is a wider field for his efforts, choosing bis new home on the ground that It offered better opportunities than ^Bother city In his special line.. Mr. brings his family to Atlanta with him. E. W. Penniman a Visitor." Vice President K. W. Pennlmsn, of the United States Surety Company, of Baltimore, Md., was this week a-visitor to his Atlanta" general ug'-nts, J. L. Riley A Co. Mr. Pennlman’s-company enly recently entered tieorgla for busi ness, but states that the returns al ready have been very good. Eglsston Is Honored. Oeneral Agent Thomas Egleston, of 'he Hartford Insurance Company, was this week chosen president of the Cot- .. Insurance A.usorlntton, of Atlanta, i ding Milton Dargnn. who resign ed In order to give Ills full tlmo to his new duties ns president of the South eastern Tariff Association. Mr. Egles- ton Is regarded ns one of the highest authorities on cotton Insurance In the South. Collins and Caldwell Visitor*, Special Agents George Collins, of the Norwich Union, and R. T. Cald well, of the Westchester, were visitors eek to tho offices of Edgar Dunlap, who represents those com panies locally. Cliff C. Hatcher Out »f Town, President Cliff C. Hatcher, of the Hatcher Insurance Agency, is spending the week-end nt Atlantic Beach, where his family are summering, and will •oon leave Atlanta for a month's stay « that resort. Kirkpatrick in Birmingham. Walter W. Kirkpatrick, well known la local insurance circles In this city, haa been appointed to take charge of the field of General Agent W. J. Dan- nla. of Birmingham, during the tem porary absence of the latter In Europe the summer. Mr. Kirkpatrick will supervise the business of the company In Louisiana. Mississippi, Alabama. Georgia and Tennessee. 70 Per Cant Dividend. W. P. Pattllln. local agent nt At- mta of (he Southern Mutual, of thans, haa received notice from the tampanv that the annual dividend tills ■ear will be 70 per cent, the largest oer paid by this company. E. G. Walktr Out Again. P'ltv Superintendent E. O. Walker, f the Travelers' Insurance Company, ho has been ill for some weeks post, again well enough to be on the Meet once more. Dargen In Virginia. President J. T. Dargan. of the At- Anta-nirmlngham. was In Virginia this veek. Douglas a Visitor. [General Agent William Douglas, of harieston. 8. C., wa» a visitor to At- •nta this week. In attendance upon he meeting of the executive commit- ee of the Southeastern Tariff Aaso- “Hon, of which he Is a member. Funeral of J. W. Cochrane. Prank Stockdell. assistant general Kent of the Phenlx, of ^Brooklyn, went "[Lexington, Ky., this week to attend funeral of J. W. Cochrane, late • ial agent for that company la Vlr- pnla and North Carolina nnd South Carolina. Mr. Cochrane had been In se service of the company In that Held ourteen years, and had many friend* ■ Atlanta. A beautiful floral offer- »x was sent from the Atlanta office * th- Phenlx, and one from the other ^*ees here. ®°*s with Ths Insurance Htrald. , Hubert N. Merck, a well-known /Mng man of Gainesville, Go., hae Mt that city to accept a j.,«itlon with ■he Insurance Herald of Atlanta. In Georgia and Alabama. The com pany wrote over $1,000,000 of new business during the first month. No State Legislation. . Comptroller General William A. Wright Is authority for the statement that It Is not probable any laws will come before the next legislature affect ing life Insurance companies and pat terned after the recent New York enactments. Mr. Wright Is of the opinion that these laws have not been sufficiently tested yet to prove their efficiency, and the legislature has so much work before it now that such bills -would not be reached were they Introduced. In addition, the reforms In New York will have a direct effect, more or less, upon life Insurance meth ods in Georgia, whereby the same good effects will follow as have been secured there. Direct effects of tho Ran Francisco conflagration are already being felt In Atlanta, through the action of several well-known life Insurance companies during the past week In ceasing to make loans on real estate or other se curity to a large extent. The North western Mutual has taken this course, and also the Travelers' of Hartford! It Is understood that the Penn Mutual haa also ceased making loans, except upon the most advantageous arrange menta. The reason for this Is that the drains upon the fire Insurance com panics In the east have caused their stockholders to make loans on real es tate and securities In order to provide for San Francisco losses, anil the re lations of the Insurance companies are naturally lueh that tho life companies have been called on largely for such loans. It is stated on good authority that In Hartford the rates of interest Ban risen recently to 7 and 8 per cent, a: tho companies with headquarters there have all been called on for large amounts. The Investment funds of life Insu ranee companies art, therefore, natu rally attracted there. DRAWING MATERIAL Architects' and Engineers' supplies Jno. L. Modre & Sons'. 42 North Broad St., Prudential building. EDITORS OF SEflVIA DONTJFEAR KING THEY CRITICIZE THEIR NEW RULER IN EDITORIALS THAT SIZZLE. EXCELLENT SERVICE TO WRIGHTSVILLE BEACH, NORTH CAROLINA. During the months of Juno, July and August the Seaboard Air Lino Railway will oporate on Its train leav ing Atlanta nt 9:35 p. m.. every SAT URDAY. a through sleeping car to Wilmington, N. C.: returning the through sleeper will leave Wilming ton at 3 p. m., nrrlving In Atlanta at 6:30 a- m.. Friday. Arrangements have been made with tho street rail way peoplo nt Wilmington to hnvo cars ready at the depot to Immediate ly transport passengers to the hotels at Wrlghtsvlllo Beach. Bnggago will be checked to destination. WEEK' END rate, good for flvo days, $8.25 SEASON tickets, $18.55. SEABOARD. MISS UNTERMYER TO WED Dickty** Summer Home. Lf L. Dickey, Jr.. local of £*Queen and German American, haa hla city home for the eea^on. J™ 1 la ftummerint; at hi* beautiful yuntry r>lmce, "Ardso." tjTtMd mMirw ■fcyond Puckheod. Deposit in South Carolina. Manager p. c. Wadsworth, *.>vthem Statey Life Inxursncs k.8if an -‘ Atlnntr'a mw and thriving WKutlon. thl- i -.rtUv '..mplet-i ;.r- a5- rn 't® t * for fompany'a dapoalt .J? v,t 2*5^ ar ' 51 and the company doir.j bua.ncea there, aa well aa By RAOUL DE SAINT RENE Special to The Georgian. Paris. June 16.—Trajan's column, thet huge lofty monument of ancient Rottian glory. Is being restored, and the excavations at the base have revealed Interesting facts. Commenitatore Bonlsls, conducting the restoration, which Is confine,I to the base of the column, has estate lishod the fact that the Interior of the base was Intended as n totnb for the reception of Trajan's hotly. This shown In a plan made In 1550, but Signor Bonl trtahed to prevent future generations from Ignoring the fact. No trace, however, has been found of the great Roman's remains. Under tho col umn welt 1 found eight skeletons, whleh may possibly be those of Homans, but more probably belonged to the monk, of the monastery of hit. Nlcholna of the column, which stood under It in the middle ages, ami used the monument aa a campanile or bell tower. Another Interesting And was a fifteenth century coin of King Ferdinand of Aragon and Naples. Tribal War In Morocco. Trouble Is never long absent from Morocco. There Is n fierre inter-irlhal struggle In progress In the district known as the Houz, between two pow erful chieftains, Kaltl Abdulinalk M'tooki nnd Kald Anflooa. Tile lighting Is taking place In mountainous region thirty miles from Mogndor. Kaltl M'tooki, who la the most powerful chieftain In southern Morocco. Is developing a combine at tack on his ertemy with the help of nl lies. Meanwhile It Is offlclnlly declared that the Houz Is "disturbed," and that Is aa far as official action ho* been taken. Papers Criticize King Pctsr. King Tetcr of Servla's head lies very uneasy If he takes all the comments of the Servian press to heart. Here are a few choice specimens of the kind of critlelsm he Is subject to: "So you thought to govern a coun try though you showed yourself In capable of commanding n battalion? Wo hope jour eyes are opened nnd that you will beat a retreat In good time." I “Abominable Polypus! Our unfortu nnte land 1. nt last in the grasp of your sanguinary claws, but wc will shake It free." "Murder, nnd govern, monster! You went to Switzerland to study and re- turned a criminal. This Is the morall ty you hnvo brought us from Geneva.' "Reptile! Secst thou not the looks of hate that follow thee In the streets? Fearest thou not tho land fated one day to wring thy cursed neck?" Mole that has borrowed so long In this fair land, and that has arrived at the top, thlnkcst thou now to remain In quiet?" One paper, Otadjblna, publishes the following: "The article In which he said Flushed with blood, you appeared In our midst reeking with alcohol,' has been pronounced wrongfully suppresi ed by the court, a* It contains no ma llgnment of King Peter. Our mild and just exposition of faots as thoy are •hall therefore continue.” American Colony Taxed. The American' colony In Rome la suffering from a tax on publicity. The municipal authorltle* have In, creased tho Income tax on American residents not on any actual return of Income, but based entirely on exter nal symptoms of the wealth of each Inhabitant. The tax agent flies at/ the local society papers anil os it In found that the American society section like to have their dance* ami dinner* noted In the papers, the agent simply taxes the Americans In accordance with their social prominence anil tho luxury of their entertainments. The English res idents have learned tills dodge of tlfo tax collector and they keep out of tho papers. Mist Garrison to Wad. Franco-Amcrlran aristocratic society Is greatly interested In the announce ment of the engagement of Mis* Katharine Garrison, daughter of Sirs. W. M. Garris,m. of New York, to Count Francis de Custejo, second son of the Marquis and Marquise tie t'astsja. Mls* Garrison Is the youngest slater of the Countess Gaston C'hundon de Brailles, and of the Hon. Mrs. Chart as Maul* Ramsay. The future countess will by her marriage have the entree to the most exclusive society of the French capital. Americans in Salon. American painters have distinguished themselves at the Salon thU year. Among the prise winners are Aator Knight and H. O. Tanner, each of whom got a second-class medal, and are therefore debarred from further competition, though they can always exhibit. Mr. Perclval Rousseau, another American artist, has been awarded a third-class medal. Sinecures, That's All. Interesting facts have come to light with regard to the duties of the at taches of the French ministries, which go to show that they are more In the nature of a sinecure than anything Taking on*-ministry, for example. It found that on* attache does noth ing but open the minister’s letters, a second receives visitors, a third at. tends the debates In the chamber, other performs the same duty In the senate, another does the minister's shopping, another 1* In attendance upon the minister's wife nnd ilnttgh ter*,' another represent* the, minuter ' banquets, another accompanies him on hU travels, another nttends the theaters, another calls at the’ministry once a month to see If there Is any thing for him to do, and another sit* around all day doing nothing and wait Ing to be employed on what’s left over. Portrait of Miss Irene Untermyer, whose engagement to Louis Put man Myers haa Just been announced by her parents, Mr. and Mrs. Samuel Untermyer. Conan! General Mason, of Paris, re ports that. In accordance with a decree of the French government. Issued March IS. Mexican clgara of all kinds are admitted to that country to be sold at fixed prices by the Regie under the same conditions as cigars made In Cuba. This U an Important eoncee- •Ion for the Mexican tobacco Interest, and opens a new and extensive market for iu choicest products "ThU bill for your new frock U really a bit high,” observe* the pluto crat to his daughter. "8lx thousand dollars Is considerable to pay just for an auto suit.” "But. papa, tha suit Itself really U quite Inexpensive. The most of that bill U for the trimmings.” "Ye*. I spent $E24* for an auto of the right tint to match the suit”— Puck l good home-made barometer can made with a piece of strong, fin* cord with a weight suspended against a board. Moisture causes the cord to stretch, and when It dries the weight U lifted. By observing and marking height on board a good barometer U completed. The Increase of Christiana In Japan during the year 1964 was about 10 per cent. In round numbers the Christian* of Japan—Protestants, Roman Catholic and. Greek—number about 154,000 church members, with a community of about 450,004. Clocks are now being made whleh speak the hours. Instead of striking them, through an Ingenious applica tion of the phonograph. They are ar ranged to call out In various degrees of riulatlon. some loud enough to rouse undcil sleeper DOWMAN-DOZIER MFG. CO. Manufacturers of Fire-Proof Windows, Doors, Cornices, Skylights, Crestings, Finials, Dixie Ventilators. Contractors for All Kinds of Sheet Metal Work. 20-22 Trinity Ave. Both Phones 525. Our Specialty is dimension lumber for largo buildings. DAVID T. CROCKETT & CO. Wholesale Dealers LUMBER, LATHS AND SHINGLES 605 4th National Bank Bldg. Phone 202. Atlanta, Go. B. L.WILLINGHAM. President. , H. H. TIFT, Vlee-Pres. W. 8. WILLINGHAM, Sec'y and Traas. WILLINGHAM-TIFT LUMBER COMPANY Rough and Drotaad Lumber. Ranh. Doors. Winds. Builder*’ / Hardware. 500 Murphy Ar#nu*. Take ftaat Point or follogo j»nrk far and got off at McCall** on Lc* Street. Ilcll phono-S3 Weat; Atlanta Phono 711. 0. A. GOUGE. 83 N. Pryor St. Tin and Sheet Metal Worker, made of metal, see me. BELL PHONE 1443. If it’s W. R. JONES. Practical Slate Roofer. And Dealer iu All Kinds of Roofing Material. 15 Waverly Place. Atlanta Phono 843. tiell Phono 3277 L. P. 0. Box 318. Dell Phono 3565 J. Atlanta Phone 1966. FRIDDELL BROS. Painters, Decorators and Interior Fin ishers. Interior Wall Tinting and Painting a Specialty. Out of town work given earcful atten tion. 69 Ivy Street. MONCRIEF FURNACE CO. 103 S. Forsyth St. He-ting Plans and Estimates Free. The place to get your furnace. They install the best for any kind of fuel in residences, schools and churches. Both Phones. All Kinds of Building Material. Get Prices From ALEXANDER LUMBER AND. MANUFAC TURING COMPANY. Factory and Tarda, corner South Pryor end South ern Railway. Phone 3354. City office, I North For syth, Austsll Building. Atlanta phone 460. Bell 39$. ATLANTA STRUCTURAL STEEL 00 1020 Fourth National Bank Bldg. Atlanta, Ga.' Estimates furnished on ell kinds nt structural steel shapes. Prompt shipments from stock. Phones, Bell and Main 4421. WE SELL MANTELS, TILES AND GRATES Cheaper Than Any other Concern. J. E. HUNNICUTT & CO. 56 Peachtree St. HUNNICUTT & TURNER. PLUMBING & HEATING. Estimates on Short Notice. 105 N. Pryor St. * Phones 1066. Dell Phono 3565 J. Atlanta Phone 1966. G W. HAYNES, . Interior and Exterior HOUSE PAINTER Wall Tinting and Graining. Office and Shop 69 1-2 Ivy Street. ATLANTA. OA. WILLIAM WILSON. Cement and Wood Fiber Plaster. BUILDING SUPPLIES Sec our $11.75 Cabinet Mantels with Grate and Tile. 59 S. Forsvth Street. BOTH PHONES. HAHR DAVIS LUMBER CO. PLANING MILL8, OFFICE AND YARDS: 333 TO 339 DECATUR 8TRI»ET. Rough and Dressed Lumber. Shingles, Lathi. Snsli, Doors, Illlnds nnd Dnlldora' Hardware. Our inw mill Interests In Tift County. Oa„ af ford us facilities to give prompt service hiiiI at tho lowest prices. Dimension timbers a specialty. Doth Phones 3725. LIME, CEMENT. Plaster, Sewer Pipe and other Build ers’ Supplies Low prices and quick de liveries. SCIPLE SONS. 33 N. Broad St Atlanta. TOMLINSON & DIDSCHUNEIT, Contracting Painters. Out of. Town Work a Specialty. Boll Phono 1451L. 79 N. Pryor Street. Atlanta, Georgia. WOODWARD LUMBER CO. Hardwood Interior Finish St Mantels, Doors, Sash & Blinds Send Your Plans for Estimates. Atlanta, . Georgia. WOOD FIBER WALL PLASTER. The original product, and the only plaster manufactured in Atlanta. Can be put on at as low cost as the lower grade substitutes that have come into the market. We can readily show this, so do not be misled. GEORGIA WOOD FIBER PLASTER COMPANY. Whitehall St. & Cent. R. R. Phone 1152. ’Dixie' r Tile and' Cement TILE WALKS, CEMENT STEPS AND FLOORS. Bell Phone 115 West, 538 Whitehall Street. GEORGIA ROOFING TILE CO., Mnnufncturcm of Cement Hoofing Tile. An Everlasting Roof. Bell Phone 3704. 5 S. Broad St. . fa THK BOTTLECORKS AT THE ZOO. By WEX JONES. flllfnjr your Inside* with wood; yea, wood—that** all they are. “Harold! Haro*n-old! Ethel, hold Baby till I get that rMd. IUro-o-old! Como away from tho** boat* thU In stant. You Wlrked (niap) child (slap), J^worry (slap) your pot)* mommer like "No. air; you can’t go In a boat. No* you can’t; I># said ‘So: and I mean It. You’d get drowned. Thera’* people* out In a boat and they’*# not drowaded 8hat'a Hirr. .. ... —I.. - - "Now, children, we’ll *11 go to the Zoo today, up In-the Bronx. What's that, Harold—what *re bronx? Bronx are a place—I mean. Bronx I* a place. Isn't that »lngular—Ethel, you’re a* big a fool a* your father. "Come along, children. No, Harold, you can't drop the ticket* In the box— you're not old enough to drop In one too\ few. There now; run, run, the train'* going. "Conductor, doe* this train go to the Bronx Zoo? It’s on the tracks thst go there—oh, t* It? Well, you watch out or they'll recapture you when wre get i beck there. * , does i "Coma along, children. Kabyums, see I l.rrtbl rely-poly bear. You thought It -•;.- » Tl ••— »••• the buffaloes Do the; roly-polsr bear, did you. Miss Ethel? rom* from Iluff.ilo? Harold. your ig- You're tore smart to be alive—Hur ild! norance I* dl.graestuL Where do they do take care of four sailor -ult. Xnr cot. • from? The, from the ■old think you were a rngmuuf- pb. - they're caught. of cur.-, ,,ut king In the du.t that w»y. No. |—In In I you can't buy any i* in jt». The id* a of In. Dor ... . A If yo ■day —that* different. Nearly every one that get* drowned Is drowned In water— If* the drownlngeat thing there I* In the world. "No, Ethel; you ran't ride In a go- cart—you mean a goat-cart. If* all tha same; you can’t ride in It. You must learn hot to do anything you want to do. and then It'll be east** for you when you're married. Your pop. per never let. me de a thing ■ .n> - he can't afford It, and Mr. ftnlj.— with the loveliest new princess, although It ip her figure something Chief Ar- row-ln*the-Ril»- you've been reading those storle*. again. I'll tell your popper —but I supp 1 • h.'ll Ju.’t lough again, and u-k If I e-tolw I I III k'a going yet. It-- tin-, no ld**n "f bringing up u child. -Come Into the rentatirant now, and " . II get Home gltie* . .lie You want to see the animal*—you contrary i hild. u ||. II I Mil- .. -Ml, l .11,1,1 I run about looking at animals—hut chlldr have no re.|g-ct for their pan "Ethel, don't give that g!a»« (Ug-glug.tlg oog-gloog.) There, tie. choking to 'leath—you’ve killed him. Homs at once. No, wc , ,n i see the animals—they'll wait—they can't get away. "What did you *ay. Ethel? What wa» It? Let'* ii" where ,11,1 \,,u teaiT «uch language |,o|.i,er -ay. It’ oh, he doee, doe* tie? Well. he', no guide for any girl of min" Bktdo,,' Tcti-tch-tch! Buhl -What -It It mean ' t sou title trump. Com. ,it hear--stnr hat lady and I' id Though lory licit, tie t',ec7/ cog I" :5c. W'z* ,;«'„,*«•& -we * liar- —