The Augusta herald. (Augusta, Ga.) 1914-current, November 15, 1914, Home Edition, Page THREE, Image 3

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SUNDAY, NOVEMBER IS* “Buy It At Horae” =e jro»T as i erpec Ten j ■a? IT'J .STARTING TO . HftlN <|Nl> IT LOOKS l I r ! LIK« we'M GOINO j, • > B To HftVfc a titftvy , ’ —7 ON* l .! ( <a ''sSi/t' ■ aV$ I’n GLAD THAT wnw K\ ■2§flLAr.\ unBRCLLft | GOT Tttfr K\ sTps: 'pushbutton” kind [vx V*nJ§=>. ONfr LITTLE PUSH AN'fOxS V *§W» UP Sljfc. GOfc*> — . tllflPfi 'x a Iwlwr ''^\ x THAT AW (\\ Jim fool I'Ll bc \v \\\ A\ WO&MKtD CUAR (V Oyv Yv\T\V THROUGH BOFORft \\\\ \VA\\ I I <UT THU BLOOniH' \v\ 1... .1 Ill,^ , v x \ V;\ (low THAT (Vt \ VV\\VAX N\ 60T IT PI GAT *N>x\\ V \Fy'A \ agaim, th* \a\\\\ \t!\\\ Pt«N THING \\*'\YVO'' fens^!| Complete Vindication For Empire Lite Insurance Company ENEMIES OF THE EMPIRE FIFE GET FLAT TURN DOWN FROM GEORGIA INSURANCE BOARD IN DECISION DENTING UNCONDITIONALLY THEIR APPLICATION FOR RECEIVERSHIP The Empire Will Be Given Cordial Welcome in Augusta—Com pany’s Headquarters Probably to Be Moved Here Within a Short Time AUGUSTANS HAVE LOYALLY SUPPORTED COMPANY; ARE GLAD TO HAVE IT COME HERE An Augusta Institution the Empire Will Have Splendid Suc cess---Company Has Had Many Enemies to Contend With, But Wins Great Victory in Fight For Existence. The welcome news was recetved In Augusta yesterday afternoon that The Empire Life Insurance Company has been completely vindicated by the state Insurance board composed of the gover nor, the attorney general and the state Insurance commissioner. It Is expected that within a very short time the offices of the company will be moved to Au gusta. There will be a meeting of the board of directors of the company held In Au gusta on Tuesday next, November 17th( when the definite date for moving here will be settled upon. The Augusta officers, direciors and stockholders refused to consider bring ing the headquarters here until aftyr a decision by the state insurance board, on the petition for a receiver filed by cer tain Atlanta lawyers, because thfey wanted no cloud to be in the sky when the Empire became a full-fledged Au gusta Institution. They all along ex pected a favorable decision because they were ready to stand the acid test for life insurance companies. The people of Augusta have loyally supported The Empire. They have be lieved that the great Georgia insurance company was all right and now they have been shown that it is all right. Few life insurance companies in the country could have stood up under the strain which The Empire has under gone. The enemies of the company have been relentless in their persecu tions. Of course, damage has been done to the company hut it will recoup with wonderful rapidity. Intense Loyalty of Policyholders. One of the most remarkable things about The Empire has been the intense loyalty not only of officers and directors, Familiar with All of the Details in Regard to Empire Life Insurance Co., Commission Says Company O.K. Governor Slaton, Comptroller General Wright and Attorney General Grice Hand Down Decision Declaring Charges Without Merit. Condition of Company Practically Same As When Judge Ellis Said it Was Solvent. Atlanta, Ga.—The Empire Life In surance Company today won an un conditional victory in the litigation which has been in progress for sev eral months seeking to have a receiver appointed. Insurance Commissioner Wright decided contentions of com pany’s foes charging insolvency and mismanagement, were without merit. The charges were made by h. Chandler and the present victory is one of several the company has re cently won. In his decision the insurance com missioner said: “There has not been such material change in the condition of said company since the time It was investigated by Hon. William D. Ellis, Judge of the superior court, of the Atlanta circuit, as to warrant a belief that different action would be taken than was taken by the court at that hearing. The board recogntzes the unusual financial conditions which have been existing since the date of the order of Judge Ellis, and which are now existing, and such condition should be taken into consideration tn the exercise of a wise discretion In the conservatism of the assets charg ed with the peculiar sacredness of those belonging to an injmrarice com pany. The receivership or its equiv alent through the courts would be ac companied by the loss of more than Display Augusta Made Brooms We are showing products of our plant In the Bhow window of L. P. Speth’s Hardware Store, 864 Broad Street. The people of Augusta and visitors to the city during the week 16-21 are cordially Invited to In spect our exhibit. tugusta Broom Works AT HOME. Through Glasses mode at home and you’ll SEE the uselessness of going out of Augusta to obtain anything In the Optical Line. Any lens duplicated, no matter from where It came or by whom pre scribed. Godin Spectacle Co. The only Manufacturers of Optical Lenses In Augusta. Office and Plant. 956 Broad St. but also of stockholders and policy holders. The Empire has lost but few policies by lapses In premium payments and those who have policies In The Em pire seem to believe In the company as much as do those who manage it. It was nearly two years ago that the first proposition to bring The Empire to Au gusta was made. Few thought that It could be done. It has been done, how ever, though the company bas had to fight for its very existence at every turn. Work on the magnificent 17-story of fice building, now more than 70 per cent complete, was stopped last sum mer because of the petition for a re ceiver being filed. Steps will he taken to resume work as early as practicable. The receivership petition was denied by Judge EUls In the Fulton superior court end in the mean time the legisla ture passed a law to prevent Insurance companies from becoming the prey of greedy and unscrupulous lawyers by having the state Insurance board first pass on the question of whether there are any grounds whatsoever for asking fcfr a receiver and then having the peti tioners give bond In the sum of SIO,OOO before filing the petition. 1 The Atlanta lawyers who have so re lentlessly pursued the company at once ■brought a petition before the Insurance hoard, after Judge Ellis denied their pe tition, and the decision of yesterday Is the result. President W. W. Reid and all of the officials of The Empire will be given a warm welcome to Augusta, their new home. An era of splendid prosperity is predicted for The Empire Life Insur ance Company of Augusta. one-half million dollars Invested In the plant, and the administration of the peculiar assets of an 'insurance company would be embarrassed by cumbersome legal procedure. Nego tiations for ■ re-insurance, were the same desirable, and which would con stitute assets of large value, would be rendered largely impracticable and would cause great loss to the policy holders as well as stockholders. By the law of Georgia, the Insur ance commissioner is vested with broad and plenary powers, and It Is his duty to direct and control the af fairs of an Insurance company when its conditions become perilous to the public. Of his own motion he may make an appeal to the courts for mar shaling the assets of such companies, when in his judgment the same Is ad visable. His attention has been spe cially directed to this company and he Is acquainted with the details of all of Its conditions. In view, there fore, of the order of the superior court of Fulton County, and for the reasons above stated, the prayers of the application filed by the complaint ants are declined. JOHN M. SLATON, Governor, WILLIAM A. WRIGHT, Insurance Commissioner, WARREN GRICE, Attorney General. DR. J. B. PEACOCK Breeder of Registered DUROC-JERSEY HOGS. Cochran, Ga. Herd Boars: Defender’s Peacock 45479; Chief Orion 31157. Nothing shipped under three months old. Correspondence Solicited. SHARPE STOCK FARM Herndon, Ga. Breeders of Registered Duroc-Jersey and Yorkshire HOGS. Piga, Shoata and Gilta for Sale. Communicate with us and let us supply you. THE AUGUSJA HERALD, AUGUSTA, GA. M Si ABOUT TOT EMPIRE DECISION What Augusta Officers Say Regarding Decision of In surance Board Handed Down Yesterday in Atlanta. Mr. A. H. Merry, first vice-presi dent of the Empire Life Insurance Company and chairman of the executive committee of the com pany, was asked for a statement on the vindication of the company, and he said: “We had expected a favorable decision all along,” said Mr. Mer ry, "and, of course, we are de lighted. I mean the officers, di rectors and stockholders of the company. The vindication will l'e storo confidence in the Empire and the company will push forward and make a magnificent success." Mr. 11. H. Stafford, also a vice president of the company and one who has fought hard for (he com pany throughout, stated that he, as a matter of course, was de lighted, yet he had expected noth ing else. "It is up to the directors, offi cers, stockholders and policyhold ers to work out the destiny of the company and we must all join hands and work for the best inter ests of the Empire. Mr. 11. C. I,crick, a director of the Empire and the head of the Augusta agency, said: "I had felt all along that the decision would he favorable. There could be no other decision In the light of the facts. What had worried us all a great deal was the delay in the hoard rendering it. I am delighted at the vindi cation and want the Empire to come to Augusta as early as pos sible.” All of the local officers of the company declare that they want the headquarters removed to Au gusta ns early as practicable. "RELIANCE" Rubber Roofing GUARANTEED— -2 Ply 7 years 3 Ply 10 years Without recoatlng tor any at tention from day It Is laid. WHALEY BROS. PHONE NO. 8947. “How Helen ■■■mil* ■■■■ ■ ■——> Helped” An Illustrated Serial Story of • Business, Guile and Love BY HAL COFFMAN Will appear shortly In The Augusta Herald. You’ll like this story. Don’t miss the opening chapters, to oppear on Monday, Nov. 16th. COLORED MEN Wanted to prepare as SLEEPING CAR AND TRAIN PORTERS No experience necessary. Positions pay $65 to SIOO a month. Steady work, stand ard roads. Passes and Uni -1 forms furnished when noc- I cessary. I. Ry. C. 1., Dept. 44, Indianapolis, Ind. EXHIBIT OF THE GEORGIA VITRIFIED BRICK & CLAY CO. The display of the products of the Georgia Vltlrlfied Brick and Clay Co., In the up-town window of The Herald office gives the passerby an excellent idea of the high-class materials which these people furnish. The “Augusta Paving Block” has made a name for itself throughout this entire section as being the best on tho market. The Fire Brick resisting a temper ature of 3,000 degrees Fahrenheit, are the most, serviceable and refractory brick made In tho entire South for the setting of hollers and etc., where great resistance to heat is required. The Chemical Brick a.re In great de mand for lining Gay Luunc and Glover Acid towers, being the only practical material capable of resisting the action of sulphuric acid In the man ufacture of commercial fertilizers. The Radial Chimney Block have como into wide spread demand for Buy Furniture at Home wmmKmmmmmmmmmmmmmmmmmmmmmmmm ———i ■. i mi. i t ■ m nmcjm—————wum—■w—i For anything in the furniture line, for Cash or Credit, our prices are right. See us before buying. Culpepper Bros. Phone 841. 1019-1021 Broad Street. A Display at City Market Headquarters BLUE RIBBON S. C. BUFF ORPINGTONS. Bred In Augusta. Took ftvr Was RlMwima oat of seven entries Augusta Poultry As sociation! 119114 stow. S?iiT»'«T Crap for hrmt <aii*j),tajr„ aim vairtefhpir (croanpirttni*. Txin'i Alii to see this iiilnreslira* exhibit. R. W. WHITAKER. Telephone* «#*. 22*1-J. Vn Pin* fltjwrt, AngwSla, Ga. Anpsta-Made Boxes In the show window of the Gas. Light Company of Augusta, 809 Broad, will be seen on display of Augusta Made Boxes, product of the North Augusta and Crate Works. Augostans and visitors are cordially invited to inspect same. “Made in Augusta by Augusta Peo pled Don ' t Miss /ekM> “Augusta-Made Goods” Display in Standard Sample Shoe Store’s Window, 960 Broad Street. Also See Beautiful Silver Ladle To be given away Free this week. DROPSY SPECIALIST Usually give quick relief, have entirely relieved many seemingly hopeless cases. Swelling nod short breath scon gone. Often give* entire relief In 16 to 26 days Trial treatment sent free. DR. THOMAS E. GREEN SticciMOr to Dr, M. H. Green'* Snii* Box P Atlanta, Qi, the construction of tall circular chim neys for manufacturing and commer cial plants, making a chimney of beautiful proportions and perfect sym metry. The Cupola Block sold by this Au gusta concern have been found most satisfactory for lining cupolas and smelting furnaces where the high heats required In the melting of Iron has given them a very eevere test. The Georgia Vitrified Brick * Clay Company are also displaying In front of The Herald Building some of their Standard Salt Glazed VITRIFIED Sewer Pipe. This Is tho only VITRI FIED Sewer Pipe manufactured In tho South, and the City and County Engi neers are fortunate In being able to obtain such high-grade VITRIFIED material In this section. Tho In creasing demand for this pips by Cities Installing complete sewerage systems, shows tho appreciation of a discriminating buying puhllo who de sires tho best of material. “Buy II At Home” | THU i* >«»« A 1 dmsv I "N, \ s*o*i v*ww ' u | eex e».e nwh y 1 <io ' T ,T halp *' m mm nr wM*“T •• I that! tsnn me [ ( <y 6u*T*o ~ ~ cn L OJ I . IS> ) _ xtgr- t JS ——, • \ \ I \ QttOl | is \ ill t« Agee Vgeg fa fiyi r&lk Ihgrwn*** **rt« fa \\Y\ & wvs | J{ •*** • * - i rr» - •* Tvi' a vi\\ .1 L®—Z ■- ....... 1 iT, A*t> »T« <U fe-~~ ~~e»» “ ** at~ cow# hkw? I ~ ***** yh THREE