. History of Texas; Fort Worth and the Texas northwest edition. First National Bank, Fort Worth eight State Hanks, with a capital and surplus of $9,384, Thereis one unincorporated bank, owned and managed by negroes, with acapital of $100,000. There are three mortgage and loan companies, alldoing a thriving and successful business. Life InsuranceAbout the year 1907. the State of Texas enacted a law requiring allinsurance companies doing business in Texas to invest a certain per- 634 FORT WORTH AND THE TEXAS NORTHWEST centage of the premiums received in Texas securities and deposit themwi
. History of Texas; Fort Worth and the Texas northwest edition. First National Bank, Fort Worth eight State Hanks, with a capital and surplus of $9,384, Thereis one unincorporated bank, owned and managed by negroes, with acapital of $100,000. There are three mortgage and loan companies, alldoing a thriving and successful business. Life InsuranceAbout the year 1907. the State of Texas enacted a law requiring allinsurance companies doing business in Texas to invest a certain per- 634 FORT WORTH AND THE TEXAS NORTHWEST centage of the premiums received in Texas securities and deposit themwith the State Treasurer. This resulted in the withdrawal of a largenumber of Old Line insurance companies. Prior to this time, in the year 1906, a number of the enterprisingpublic-spirited citizens of Fort Worth organized the Fort Worth Lifeinsurance Company, with a capital of $100,000. The subscribers paid. Burkburn mi Building, Fori \\ orth in 125 per cent of their subscriptions, thus creating a surplus of$25,000. For the year ending Decembei 31, 1920, this company had insurancein force amounting to $ had a reserve of $1,442,300, a surplusto polic} holders bl $244,006, and had paid-up policj holders and beneficiaries since organization of $712,022. FORT WORTH AND THE TEXAS NORTHWEST 635 Its officers, directors and stockholders are among the most promi-nent and substantial business men of Fort Worth. Its present offcers are: N. H. Lassiter, president; J. W. Spencer,vice-president; Dr. J. W. Irion, vice-president and medical director;P. V. Montgomery, secretary, actuary and general manager; C. , agency director. Fire Insurance The Millers Insurance Company, a mutual institution, was organized in Fort Worth in the year 1900 by Mr. Glen Walker and asso-ciates. It has been conservatively managed and has been a pro-nounced success from its inception. It has recently erected
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Keywords: ., bookauthorlewispub, bookcentury1900, bookdecade1920, bookyear1922
