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Business of Two Georgia Legal Reserve Life Insurance Companies
Merged in the Greatest Life and Industrial Plant South of Virginia
\ Cherokee Life Absorbs I " s “ F ““
the Rome Life
ill 111 X IXUIIIC 1-jIIC Million Pollers 1
ll ImH I A ill I <■.../
/ st points the way CUC
Net Surplus
' I Cherokee Life of Rome, Georgia, with $6,000,000 insur- 500 y 0 0 0
I cmce in force, and Rome Life of Rome, Georgia, with $9,000,000
\ \l insurance in force, merge their business, which is now handled
nlll' OrW m \ \l under the charter of Cherokee Life Insurance Company.
ml Y \ W
t/ jj) I ‘—— Premium
f | Combined Insurance Outstanding
z ' / B / * Premium Income Rome Life $250,000 Revision
V / Premium Income Cherokee Life: $200,000
j L I Premium Income of merged business S4SO,(XX) t*n
/ZL/P jp; \ Cherokee Life Present Net Surplus to Policyholders $500,000 1/U WIIW <IIU
WifeSlMlfi There was a tariff revision
12 O O downward promise made
v TTTT r • An 1 L T Li T± famous by failure of
c ‘t a ur «a c< How Iwo Large Companies Are Brought Together Into a achievement. H « as a
Security As Well As Size r , T ~, 5 r in < platform proraise
ureater Institution W itn Consequent economies The chemkee'ute offers
Cherokee Life (par value) SIOO,OOO ' ... .] Lion dovn
Rome Life (par value) SIOO,OOO dllCl lllvLv<tuCU 11 will waid. It will become
s The work of fl ve years of the Rome Life and of two years of the Cherokee Life is welded to- m ° US Hy achievement -
braced the compulsory deposit laws, it will make additional deposits, from .. . . . it IS a COBtl’act gUai’an-
time to time, t 0 follow >t s established praotioe, sanctioned by law, of mak- gether bv a great coup that eliminates serious industrial competition oi home companies m the South,
mg all its policy contracts •' r r 1 tee.
q £ i . . jjy . and enables the administration of the combined business with one set of officersand with substantial-
a e S atlOnal Hank. Notes l v t | le sanie fl xe( | expense hitherto attaching to one of the companies. The consolidation is a stroke Do vou appreciate the no
A National Bank Note circulates in every part of the country without ' • Il ul,v
L'urHies'nLX'witi.'om
XT;; 1 ,!;'
Protected by Georgia Laws spreads its foliage now over a field of virgin life and industrial insurance is richer general scheme of life in- 1
Th., laws of Georgia give to old ime life inLance companies the op- in thc possibilities of development and opportunity in the South than in tty* highly competitive dis- surante? ,
tmn of depositing with the state treasurer acceptable securities equal to f_:„f D 4.1... Vcefb » ‘
the nei <ash \ alue of all policies in force. Once embraced, the continuance UHLS Ol lilt IMIIIII.
of such deposit, with necessary accumulations, becomes compulsory. Since ~
the law was parsed in 1906. only two companies in Georgia have embraced DO YOU appreciate thp ad-
ils \ (>ns The t'heiokei Life, of Rome, Georgia, Is one of those com- TWT S\ 1 T t* 1 T T "tr
L. - a.,;?-;;,. - Mutual Company Writing Ordinary Life and Industrial Insurance
liiK ILnitct: to state, county and municipal bonds, home office building and . COllipirilOlS t)J U oOUtllCril
t’wic. ■ . ’TL..',’,", :tl " orth ’ in each lnstancc ’ at lea4st Roth companies recently created ordinary life branches, and the Cherokee Life, with combined company that earns liber
and'tn '.ut.'. L. 'LLTm-^is business, will continue to write ordinary life, as well as industrial policies. It is modern life insur- al rates of . i.p.LJ 'L
. anee than encourages one company with one plant, one set of officers, and without substantial in- Southern mortgages?
crease of its fixed expenses, to write the two lines of life insurance—the one policy for the worker
stat capitol. G^a of limit cd means who pays his premium weekly, and the other policy, sold through a separate depart- Insurance men especially
,nc'. co,LZ. A o n^ r o/ I lhe O sL\ t e o o' , Gr G o e r n g % al c inent. to the man of sufficient income to pay an annual premium. are i nv jt e d to write for
• serve value of policies issued by the CHEROKEE •
LIFE INSURANCE COMPANY, of Rome, Georgia, is r „. ~. .. c ... ... . A foldprS that clpflrlv PY
secured bv a deposit of acceptable securities in a c . Hie Cherokee Lite, a mutual company, has an attractive hue of sound ordinary life policies con- iviutis mai mdin (x-
cordance with the compulsory reserve deposit laws of " ' 1 ’ 1 S +1 CU , t ~
th 'Giv*en e under e my n ha h nd y and 1 t 9 he'seai of thi, office tabling selling features abreast of the times, and invites correspondence with live and trustworthy plain me < nerokee meth
the day and year first above written* '* ° **’ uo m Q ninri od Os bringing about Pl'6-
wm. a. wright, salesmen. « -
' Om mis O s'oner’ neral Ex ’ O,fic ' o ln * ura "c« Com- milim Revision DoWll-
Cherokee Life is now writing insurance in Georgia, Alabama, Tennessee and Louisiana. New ward
This >s the Certificate that protects the Cherokee Life Policyholders. territory is available for 1 110 right 111011. Write fol’ Contracts.
) Ordinary Department yy W BOWIE Industrial Department
LLOYD DAMRON ' p resident ’ B. L. BURWELL
Director of Agencies Director of Agencies
Atlanta Offices, Empire Life Building
Life Insurance Company—Head Office, Rome, Georgia
•1 HE ATLANTA GEORGIAN AND NEWS. SATURDAY, JUNE 29 t 1912.