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. Capitaliza- 
tion 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. Murgit- 
troyd, 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 ma- 
stock 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