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The Lamar Building, shown above, architectually, is regarded as one of the hand
somest office buildings in the south. A suite of offices extending across the entire front
of th'e building on the second floor house the executive offices of Lorick & Vaiden,
Life Insurance, Augusta’s only state agency.
Lwiek & Vaiden Among South’s Leaders
In Hie Field of Lite insurance
This Agency, With Headquarters Here,
Ha* Written Over Five Million Dollars of
Business In Georgia and Florida This
Year. It Is Biggest Agency Next to
Home Office of the Missouri State Life
Lorick & Vaiden. .
A firm name to be reckoned with in the Southeast,
and especially in Georgia and'Florida.
Every minute in the working day this firm’s name,
and ita headquarters, Augusta, arc being .spoken jn some
part of Georgia and Florida, where larg~e numbers of men
and women are employed by them.
Lorick & Vaiden is Augusta’s only state agency
headquarters for a big insurance company. Other com
panies doing business in Georgia have headquarters in
Atlanta. Lorick & Vaiden have a big branch agency in
Atlanta.
Next to the home office agency In St. Louis, Mo.,
Lorick & Vaiden, of Augusta, write more insurance than
any other agency of the Missouri State Life Insurance
Company, one of the big insurance concerns of the coun
try with half a billion dollars of insurance in force.
Insurance claims are paid right here by Lorick &
Vaiden. which enables them to remit more promptly a
death claim than any other company doing business in the
South. Many thousands of dollars are handled daily hy
this Augusta concern.
Herbert C. Lorick and Ham* C. Vaiden, who com
prise this firm, are leaders in the insurance business in
th*e South. They have made a life study of the business
and know it in every detail.
In the Lamar Building, where practically the entire
second floor is used by this concern. Lorick & Vaiden
have the largest and most complete set of offices in Au
gusta with the exception of some of the bigger rnilroad
cooupanies. The Augusta office, with branches in the
lqgtdiiyr cities of Goorgia and Florida, employ more than
800 men and women. The agency has more than thirty
o^cea.
THIS firm had
FAitH INAUQUSTA
faith of Lorick &
ValdMpftn Augusta tahat mad* pos
ai|j» th* i« action of tlia Lamar,
Balding. In which they ar* tn
taMted financially, and which they
regard aa a big asset to the city In
many ways.
Lorick A Vaiden ar* among the
leader* In Georg!., and 1 lorl'da In
group tnauranc*, the larger cities
of both states haring contracts
with this firm Around SS 000 has
been paid by them to employe* of
th# City of Augusta during the
abort time the policies have been
In force. Industries her,, having
group policies with Lorick & Vat
don ar*: Th* Augusta Lumber Co.
Woodward Lumber Co, Southern
Tiro A Rubber Co., Heath, Bolster
A Turner and th* Auguita Chron
icle
Through August of this year
Lorick A Vaiden have handled
t1.0t1.100 of Insurance In Georgia
and Florida. In other words, this
agency alona has placed mot e
five million dollsr* of Ilf* In
surant-* in a Util* more than six
months time.
Lorick A Vaiden have put back
into Georgia and Florida in Invest
ments the *um of 11.60 for every
dollar they have taken in. This
means that th!* agency !* Investing
one and a half times m> re money
in Ita territory than It is taking
out. It la the polley of this agency
always spend in tbalr territory as
much money at 1* collected In
premiums, and for the paat year
M amount has been greatly ex
ceeded. Th* money i* Invested in
ft ret mortgagee, real estate and
certificate* of deposit
Funds of th# company are loaned
through the Southern Finance Cor
poration, which alto ha* office* In
th* Lamar Building. Thl* corpor
ation waa recently organised and 1*
th# loan correspondtnt of the Mis
souri State Life In the Southeast
The Lamar Building
The finance company 1* w.sll offi
cered ami lut* Ken a sueyesa from
the outlet.
FIRM’S GROWTH HAS
BEEN PHENOMENAL
Mr. Lortck, the senior members
of the firm, has been engaged In
the insurance business for twenty
years-Mr Vanlen has a long record
as wall, although his years of serv
ice have been less than that of
the senior member of the firm.
The,firm of Lorlck * Vanlen eras
formed In 1916, and Its growth
since that time has been phenome
nal.
Lorlck A Valden are In receipt
of the following message from M.
K. Singleton, president pf the
Missouri Slate Lite, it haviig been
sent out to mark the half-bil'lon
goal reached by that company.
"Naturally nobody fee e pivuder
than 1 do that the Missouri Stale
Life has phased the mark of half
a billion of insurance In force, lie
for# going any further I want to
•.Thank the field organisation for
making thla accomplishment pos
sible
"Thera Is a fine aatlsfactlon In
building successfully. As the re
sponsible person In the develop
ment of this company, you can
understand that to see 1t grow so
rapidly la Immensely pleasing to
me.
"I have often been Impressed in
comparing my experience In life
Insurance with the experience f
rrevloua ycara In other lines, by
the broader satisfaction which lice
In the development of an Institu
tion like this. In ordinary business
the satisfaction comes largely from
making money, though It Is grati
fying to watch plans develop and
bear fruit But after all. the bene
fit la rather pereonal and selfish.
’’Here there are other angles of
! satisfaction. First, we are getting
i people to do something which Is
: good for them We arc helping to
J provide for their families, and re-
duclng misery and want Wa ara
.Hoisting people to nave, and teach
ing them tfnblte of thrift. The big
ger wo grow, the more people we
can reach, and the more people will
ho tnilifced to take out life Insur
ance, with consequent benefit to
thommilvcs.
“Then we are enabling many
hundreds of men— our representa
tlven to, build up for themselves
a worth-while business. You like
to help the next fellow when you
can,- and we do, too. It Is fine to
f“cl that because of the Missouri
Hfate'Eife a great many men are
ahlo totmake a living and to proi
'per. Wo nro glad that we are In
a position to provide these op
portunities In practically unlimit
ed quantity.
“There U still another causa es
satisfaction In a third unglo of life
Insurance. Wo must invest our
money. Only in that way is con
tinued growth assured. Investing
"hr money gives us another chance
to ,ho of service. Tho company's
funds go back to the people who
supplied them. In the form of
.loans which assist commerce. In
dustry, ami especially agriculture.
"Wo believe that in supplying to
tho farmer the money which he
needs, we are not only making n
sound Investment of the funds an
ti listed lo us, but that also we are
aiding In the re-establishment of
tho farmer, on whose prosperity
that of the whole nation resis.
Wlien the fanner raises something
out jot the ground ho has produced
a tangible addition to tho country's
wealth. His contribution to pros
perity Is a real contribution. The
farmer must be successful If gen
era! prosperity l s to stay perma
nently with us.
“Fortunately, T believe, the
farmer It at last coming bsck Into
his own. All signs point to an Im
provement In lus condition. That
will mean eventually a return to
better things for the whole country.
Wo are today In tho midst of a
readjustment period which I am
convinced will result in a vast
Improvement In conditions. We
shall all ho better off for this re
adjustment.
“I can see no cause for anything
hut-optlmlsra. Fart of the political
tourmoil of a presidential year Is
over, and what ls still to corns will
have little or no effect on business.
All lines of trade will probably
pick up ag fall approaches, and the
better state of the farmer will
soon begin to have a marked In
fluence for good.
“Our own business, which I* good
now, will, continue to be good, and
get better. The American people
are thoroughly sold on life Insur
ance. They buy It in good times and
had. Though this year business In
general may not have been so
flourishing, life Insurance sales
have gens on Increasing.
"This will bo a good year for
Missouri Stale Ufa men. Knowing
you and knowing what this com
pony stands for, there Is no ques
tion In my mind about our con
tinued progress In the last few
months we have stopped to digest
what we have gained in a period of
rapid expansion; but It Is only a
pause, ar.d we are going right
ahead.
, “When T came to the Missouri
Stae Life. I said that my ambition
w«s to see a Milton dollar company
wlih one-hundred million dollars
of assets. We are half-way there.
If. In the last five years, we could
double in else, sure'y wo can and
wi.l double again in the next five
>' ,r *. or sooner. The bigger vou
> e the faster you roll—our added
momentum will help us on our way.
‘You arc the men who can and
will enable us to do it. I have every
confidence in you. When we meet
at the conventioni next winter. I
know that we sha'l have a good
y.ar behind us. And we shall be
well started on our way toward
rtir next milestone—a billion doi
lars of Insuranco In force.
“Again I thank you for ydur
loyalty, your faith In the JJlssourl
Slate Life, and your unflagging of.
foru in Ita behalf
M. E SINGLETON*.
President.
THE AUGUSTA HERALD, AUGUSTA, GA.
Are your loved ones provided for in the event that Fate takes
you from them? Will they have the necessities of life? En
joy its many advantages?
These are questions every o ne of you right-thinking fathers
with a sense of duty toward your families should ask yourself
and give serious thought.
If your answer is “Well, temporarily” or plain “No”—
then heed our advice and take out a substantial—
LIFE INSURANCE POLICY.
Nearly 3 Million Widows Work
Because Men Who Believed Failed to ACT!
Somebody’* Mother
or Sister—
Many of these women had
husbands, and all had
fathers who doubtless in
tended to provide them with
the necessities of life, but—
here they are slaving away
for a bare existence 1
THINK THIS OVER!
Over three million widows
now live in the United States
and 2,700,000 of them lack
the necessities of life 1
Lorick & Vaiden
AUGUSTA’S ONLY STATE AGENCY
2ND FLOOR LAMAR BUILDING.
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THURSDAY, SEPT. IS ’