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SUNT) AT, DECEMBER 21
THE OFFICERS
EXECUTIVE AND FINANCIAL COMMITTEES.
James O. WYNN, President, Atlanta.
W. L. PEEL, President American National Bank, Atlanta.
JOHN W. GRANT, Capitalist, Atlanta.
J. K. ORR, PVresident J. K. Orr Shoe Company, Atlanta.
W. J. BLALOCK, President Fulton National Bank, Atlanta.
PAUL B. TRAMMELL, Member Georgia Railroad Commission.
F. S. ELLIS, Keely Co., Department Store, Atlanta.
ARTHUR G. POWELL, Attorney, Atlanta.
I desire to call attention to the fact that "THE COSMOPOLITAN" LIFE
INSURANCE COMPANY, which was organized on April 5, 1913, has no connec
tion whatever with "Cosmopolitan" Life Insurance Company, which failed In
December, 1912. The new company, by purchase from the Insurance Depart
ment, acquired the assets of the old company, paid the claims authorized by
the courts, put In new money and new officers, and Intend always to pur
sue conservative and safe business methods.
I confidently believe that the citizens of Georgia will appreciate our efforts
to make a Great Home Company, and will give us a liberal share of their busi
ness. The Company merits the fullest confidence, and Invites closest Investiga
tion.
JAMES O. WYNN ., President.
JAMES 0 WYNN. President.
W. L. POMEROY, Secretary.
M. M. RILEY, Treasurer.
MALCOLM N. FLEMING, Assistant Secretary-Treas
urer.
W. A. HIGGIN8, Actuary.
W. S. ELKIN, M. D., Medical Director.
LITTLE A POWELL, General Counsel.
A STA TEMENT OF FACTS
Cosmopolitan
Wo believe that The Cosmopolitan Life Insurance
Company is tlit' soundest and best Life Insurance Com
pany ever organized in the South.
W e believe this for many reasons, though enumerate
only some of them as follows:
The Cosmopolitan was organized in the open, with all
eyes on it. What our assets are; where we got them; what
we paid for them; what they are worth and why, are all
matters of public record.
We have no secrets, have no reasons for secrecy of any
kind. We are doing business in public.
Every stockholder, policyholder, agent, in fact, every
person interested in this Company is welcome, at all times,
to the Offices of the Company to see any book or record
covering anv transaction. The only things we keep private
in connection with our business is the personal history and
medical record of our policyholders.
TTTE COSMOPOLITAN is the only company organized under the
new and rigid insurance laws of Georgia, and the organization was
perfected under the direct supervision of Hon. William A. Wright, In
surance Commissioner, and Mr. John A. Copeland, Deputy Insurance
Commissioner. They are familiar with every detail and have given the
Company their highest indorsement, as shown by the following state
ment of General Wright:
The Company expects to "build up a very large business
in the “Intermediate” Department entirely separate from
the “Ordinary.”
The Agents of the Company are very enthusiastic
about this INTERMEDIATE policy which is intended for
those who, because of restricted occupation, dr limited in
come, are not able to take policies of $1,000, and over, and is
going to be unusually attractive to this large and worthy
class of people.
In addition to the half return premium feature the pol
icy will have coupons which if not used in reduction of pre
miums, will be paid, in event of death, in addition to the
$500, and one-half of the premiums. Should the policy be
kept in force for 16 years and the coupons not used they, to
gether with the reserve on the policy, will entitle the in
sured to $250 in cash, with the option to convert same into
its equivalent in paid-up insurance.
In devising forms of Insurance that will meet the re
quirements of the public, The Cosmopolitan has not for
gotten the man of small means.
FINANCIAL STRENGTH.
Back of all The Cosmopolitan’s conservative and sound
management, is to be found a financial strength that will, in
its own right, entitle the Company to recognition in the
insurance field.
The following farts are most interesting and worthy of
your careful consideration:
NET ASSETS JULY 31, 1913 $355,583.43
The above amount includes Capital Stock, Surplus and
Undivided Profits of the Company, after deducting Insur
ance Reserves and other liabilities of every character.
These assets are invested in first-class securities for the pro
tection of Policyholders, $100,000.00 of the amount being
deposited with the State Treasurer in Bonds, wheih have
been approved by the Insurance Department.
Net assets of $355,583.43 do not include $99,988.05 of
other assets, the exact value of whieji it is impossible to de
termine at this time, but these assets will undoubtedly add
a large amount to the Net Assets as shown above.
The Cosmopolitan expects, from the sale of new stock,
in the near future, to add $100,000 to its present capital so
that it will be financially equipped to carry out the plans of
the company extending its business into other states.
BUSINESS STANDARD.
The Cosmopolitan is a New company, with new and ex
perienced officials; new ideas and new ideals. It is the only
company in the State chartered under the recently amended
Insurance Laws of Georgia, which so carefully'guard the
interest of Policyholders.
The Company has adopted a conservative business pol
icy, and will under no circumstances be tempted to follow
high pressure methods simply to pile up a volume of busi
ness. Our fixed purpose is and always will be to:
1. Use the utmost care in the selection of agents and
medical examiners.
2. Make a careful selectiou of risks so as to avoid high
mortality.
3. Keep salaries of officers and commissions of agents
within safe and reasonable limits.
4. Invest our assets with regard to safety, rather than
a high rate of interest.
We expect at all times to pursue a business policy
which will deserve and inspire public confidence.
The Cosmopolitan was organized under the direct
supervision of the Insurance Department of Georgia. Both
the Commissioner and his Deputy are familiar with every
detail and predict a great future for the Company.
OFFICE INSURANCE COMMISSIONER,
STATE OF GEORGIA:
Atlanta, March 1, 1913.
Dr. M. M. Rilcv, Chairman, Atlanta, Ga.
Dear Sir:—I desire to say that your Committee is to be
congratulated upon having secured the consent of Mr. J. O.
Wynn to accept the Presidency of The Cosmopolitan
Life Insurance Company. I have known Mr. Wynn offi
cially and personally for nearly thirty years, and am familiar
with his career as a Southern insurance manager. He is a man
of unquestioned integrity, universally recognized as an insur
ance man of the very highest qualifications, and an eminently
successful financier as attested by the success of all enterprises
with which he has been connected. I am satisfied from the con
versation I have had with Mr. Wynn in regard to this matter,
that he has been finally induced to accept the Presidency of
this Company entirely from patriotic motives. His official con
nection with the company will draw about him the co-opera
tion of the leading business men of this and other cities of the
State, and in my judgment, when it becomes generally known
that lie* is connected with the Company the stock will,
within a very short while, materially advance in value.
I am satisfied that no more advantageous selection of
a man for the Presidency of the Company could have been
made, and feel that this selection assures the future success
of the Company. Yours very truly,
(Signed) WM. A. WRIGHT,
Insurance Commissioner.
THE COSMOPOLITAN IS BUILT ON STRONG,
HONEST AND CONSERVATIVE LINES.
The Cosmopolitan Life Insurance Company is being
built up oil strong, honest and conservative lines, by men
who have achieved an individual success in the business
world and who are known throughout the South for their
integrity and business ability.
This fact is amply attested to by the membership of the
Finance and Executive Committees shown at the top of this
page.
CONCERNING THE ORGANIZATION OF THE
COSMOPOLITAN.
A RECORD WEEK.
As an evidence of the fact that these Agencies are in a
position to fulfill their Contracts, we beg to call attention to
the fact that they sent us, in one week, applications for more
than $200,000, which, added to the amount written by our
Home Office Specials, in Atlanta, ra nthe total for the week
to $255,000.’
None of this was high pressure business, but, on the
contrary, the rates of commission paid were reasonable and
safe for the Company, and the majority of the applications
received represented prominent business and professional
men who had closely investigated the financial condition of
the Company, as well as its attractive forms of policies.
POLICY EQUIPMENT.
The Cosmopolitan issues the Whole Life, Limited
Payment Life and Endowment forms of insurance, all of
which are based on sound actuarial principles, and are just
as liberal in the matter of cash, loan, paid up and extended
values as is possible within the limits of safety.
THE COSMOPOLITAN SPECIALS.
We desire to call particular attention to The Cosmopol
itan’s Specials, namely, our 25 Payment Life—Double In
demnity and Whole Life—Increased Indemnity Policies,
since they are, without doubt, the most attractive policies
offered by any Company and at the same time Actuarially
Sound, as every poliev issued by the company IS, AND
ALWAYS WILL BE.'
A NEW POLICY TO BE ISSUED BY THE
COSMOPOLITAN.
On January 1st, the Company will open an Interme
diate Department, issuing a policy of $500. This policy
will have an attractive investment feature, as well as a Half
Return Premium feature.
Not one dollar of commission was paid for selling the
stock and no concessions of any character were given sub
scribers, every one subscribing for the stock on a basis of
$200 a share, all subscriptions dating from April 5th, 1913.
OVER $100,000 PROFIT FROM PURCHASE OF
ASSETS OF ANOTHER COMPANY.
A profit of over $100,000 has already been realized,
from the purchase of the assets of the old “Cosmopolitan,”
which failed in December, 1912, and with which this Com
pany, The Cosmopolitan, had no connection whatever.
The profit from this purchase will finally exceed the
amount alreadv realized.
AGENCY ORGANIZATION.
The Company has to-day the strongest Agency Organ
ization in the State, namely, The Willis Trust Company of
Yladosta, whose territory embraces South, Southeast and
Southwest Georgia; the .J. L. Jessup Trust Company of Ma
con, whose Territory embraces Middle Georgia, and Ander
son & Shropshire of Atlanta, who have all of the Counties
north and some south of Fulton.
These three Agencies are handled by men who have had
successful careers in Life Insurance work and who have as
sociated with them a large number of high-grade Special
Agents.
Each of these Agencies guarantee, in their contracts.
$1,000,000 of paid for business a year, although they will
probably produce fifty per cent more than their guarantee.
Each of these Agencies finance their Insurance Busi
ness without assistance from the Company.