| Show whigham MEN HOLD HIGH POSITIONS A mechin meeting of the stockholder eiN ei of the bene beneficial facial life insurance company was held at the oom com banys offices in salt lake city recently and reelected elected re the board of directors which board later met and named the following ng officers cleber J grant P president ent john C cutler vim vice pj president lorenzo N J stohl 7 vice president and general manager a e r I 1 E T ralph assistant general manager axel B C secretary leo E penrose assistant secretary henry T McEw mcewan aily treasurer junius Rol romney liney I 1 superintendent of a gendics genci felici cs eq jo joseph ehll X N stoll stohl manager maner mailer ag er of ilie the loan department 11 it calderwood baldel abood medical director and richard W young youner general fre colin counsel nel to in this official family of this otte one or of the t greatest financial institutions in the he intermountain inter mountain a in west avest three former and one present brigham aiu city residents ire arc lio honored nored bishop lorenzo N stohl has haa the distinction of bein being it the moving in spirit in the organization of the beneficial life insurance company which was effected on J june 11 ne first 1905 and shortly after the or organization animation of the company he was elected tle general mar manager iager I 1 a position lie he has held constantly at the death of president joseph F smith who was as the first president of the company president hober J G grant raut A was as elected to bucce succeed 4 to the pr presidency the church of jesus christ h 11 8 IT df 0 f Tat 11 t te ferDay r D Y saints being tile principal stockholder of tile company with of the 2000 shares of ilie the corporations stock tin the stockholders meeting referred to above is the first fint called under tile the new dew order to elect officers and tile the fact that all the former officials AN were anere ere retained evidences the lit confidence that is reposed in their mana manag ment of the lie affairs of tile the company compani comment I 1 bishop stohl lias has made a most lost brilliant record in finance liis ili inana management geinert of this big 1 institution ution and lie is today regarded by insurance men of the nation as one of tile lie bi biggest frast all and most successful managers in the country just recently the president of the great new en england life insurance company told him personally that the beneficial li life fe insurance company has one of the cleanest and most enviable records of any insurance company doing business in this country As an evidence of its stability the company paid out in death claims in 18 months in 1918 and 1919 lk of which was occasioned by the deaths from influenza aal all the mortality claims for soldiers kil killed ledin in battle e amounting to were paid and by june 1919 the company had replaced the draft made luponi up upon oni its surplus funds in meeting thi thia a heavy expense this bears eloquent witness of the stability of the company and the judicious management t under which it has been operated sir E T ralph who has been made manager to bishop stoll stohl was born in ili this tin s city and is the son of mr and mrs ephraim Epli raim ralph of bf rockland idalio idaho lie ile has been associated with the beneficial life for a number of years and readied reached his present high position by earnest work starting in from the bottom mr axel B C Ol ilsen the secretary made brigham Brig liam city ili lis home for a number of years y ears follow following xi liis his arrival in this coll auntry from his native land of continued on page 2 mm BRIGHAM CITY MEN HOLB HIGH POSITIONS continued from first page sweden aud and lie he lias has been servin nerving as secretary of the company fo for ir a number of years already mr joseph N Sto stohl lil ipanag manager 1 of tile loan department is well known here lie he i is decoo recognized as one of the liest best land appraisers in the inter west ivest and is asked by other corporations to pass judgment Z upon land securities which have been offered to secure cur loans upon Jc fore lie coming associated 1 with avith tim shehen bell etidal lite life mr loail etolil was associated socia ell ted with the middlesex hanking co 0 o a as land appraiser and lias has therefore th ere fore hall a great reat lit many adiv years veirs of experience ill in ahat work ilis his recommendations are practically alvae alwaes s ae ac copied by br the executive theof tee of tile hie company which is evidence of tile weishu placed upon his judgment and practically 1 every loan made by bythe the belief vial cial life for the pat past ten tell years yearn has been made upon the advice of mr scold in ili a recent audit of the lie colli companas comp anys affairs by expert actuaries mr stohl callie in ill for special praise at the lianda of these sent lem en who declared his ivor work to bu be faultless in ill every particular lit in this same thorough gli examination aaion of the life insurance aff altair the experts not only lid did not filed ally anything thing wrong 1 but bill discovered a wonderfully perfect organization ivelich vas liand lins the tremendous mass of business coming to it in ill a 1 way ivay to win will tile approval of all alie nien men who were disinterestedly ly and od cold blood edly ex examining nin 13 into the minutest 4 details of the management n these th things illis r iru ire naturally ally very complimentary to jo the r general beneral inana manager r er and his official workers coworkers co and the fact that the lie t ouidia spirits in ill thi 1 I reat div institution I 1 the li buet 1 financial liall uial institution in ill which the hie dominant chill church ch is interested are I 1 city 11 products act these will lie be applauded by the lost host of friends of ta aliese leo gentlemen aiho re reside afi in ill this locality and who know them liem to lie what the record of llie beneficial life oin olli pany ila lias proven thell bliem to to ile hi lien inen of if sterlin sterling r character and marked ahi ability lity |
