SECTION III.
INSURANCE COMPANIES
[ncluding all major companies, with home
offices in the Pacific Northwest, writing Life,
Accident, Fire, Casualty, Marine, Title and
Miscellaneous Insurance.
Life Insurance
MONTANA LIFE INSURANCE COMPANY
HOME OFFICE: Helena, Mont.
HISTORY: Incorporated under laws of Montana June 20, 1910, and commenced
business three months later with an authorized capital of $250,000. Capitalization
was raised to $500,000 through a 1009% stock dividend on May 8, 1923.
KINDS OF INSURANCE: Company writes non-participating life insurance only.
TERRITORY: Company licensed in Montana, California, Oregon, Washington,
Idaho, Utah, Colorado, Wyoming, North Dakota, South Dakota and Minnesota.
PROPERTY: Company owns own home office building, a three-story reinforced
concrete and steel structure erected at a cost, including site, of $245 500.
DFFICERS: H. R. Cunningham, Pres.; A. C. Johnson, Chairman; Carl Rasch, Vice
Pres.; T. B. Miller, Vice Pres.; F. A. Howard, Vice Pres. & Treas.; A. J. Clemo,
“ec.; R. B. Richardson, Actuary; Dr. E. H. Lindstrom, Med. Director; Will Brulo,
Migr. Loan Dept.
DIRECTORS: H. R. Cunningham, Helena; A. C. Johnson, Helena; Will H. Murgittroyd,
Spokane, Wash.; F. A. Howard, Helena; A. J. Clemo, Helena; Lee Mantle,
0s Angeles; Louis Heitman, Helena; T. IB. Miller, Helena; Carl Rasch, Helena;
Will Brulo, Helena; Jeff Doggett, Townsend, Mont.; A. F. Waldorf, Dillon, Mont.:
B. F. Lepper, Akron, Ohio.
GENERAL COUNSEL: Gunn, Rasch, Hall & Gunn, Helena, Mont.
Fiscal Year Ends: ec. 31 Annual Meeting: First Monday in February.
Par Value Authorized Outstanding
CAPITAL STOCK: ... .----$10.00 $300,000 $300,000
Voting Power: Vested in common ers. The candidate receiving a mastock
except as follows: jority of the combined vote is to be
When and if at least twenty five per considered elected.
rent of the total number of policyhold- . . . ; <
-rs, having insurance of $1,000 or over, Dividends: Company has paid cash
are present in person or by proxy at dividends every vear from 1915 to date,
; av < y > eX 9. In 1926
the annual meeting they may cast a With the exception of 191
vote for directors equal to one-third of and 1927 paid 8%, 1928 and 1929 129%.
rhe total votes cast by the stoeckhold- Jan. 1. 1930. 109.
COMPARATIVE GROWTH
Admitted Assets [.iabilities
} 421,617 | 17,288
1,925,369 1 %282,1.9
5,979,250 1 976,660
0409 6073 Yy 072.367
410
1917
1924
1Q2Q
"nsurance in Force
© 1,144,500
20,598.462
37,639,409
53 192 033
COMPARATIVE INCOVME and DISRURSEMENTS
INCOME—
Premiums Received ........
supplementary Contracts ...........
Dividends Left to Accumulate...
[nterest, Dividends and Rent...
JYthey Income
Dee, 71
1929
102,403
9,016
5,820
08,332
30.463
Years Ending
NG
1927
609.897
2662
948
209 R54
TOTAL INCOME
DISBURSEMENTS
Total Claims Paid.....
surrender Values ..............
Dividends to Policy Holder)
Dividends to Stockholders...
['nderwriting and Gen. Exp.
ther Dishnrsements
ROR 1
85,7148
L118
26
00
"9,919
619
461
“00
"29
9 299
yor 770
3 wow ®
TOTAL DISBURSEMENTS iiioeiicd
Kxcess Income over Disbursements... $¢
NNk
“0 561
Lhe A000
