OCR Text |
Show HOME LIFE INSURANCE COMPANY FORMING A home life Insurance company for I'tah is about ot be formed, according to the plans of a number of local business men. The concern Is to be exclusively a I'tah company. For a number of reasons the stock subscriptions have been limited to $500") for each person. The company will he Incorporated for $Ti.0o0.000. of which I100.UUO is to be paid before the company Is launched. Joseph F. Smith, president of the Mormon Mor-mon church. Is to occupy the position of president of the company. Associated with him are Apostle Anthon H. Lund, vice-president vice-president of Zion's Savings Bank and Trust company, and president of the I'tah National bank; Lorenzo N. Stohl. Brig-ham Brig-ham City; John Strlngham. assistant secretary sec-retary and manager of the Home Fire Insurance In-surance company; George Stringham and a number of local capitalists. |