Show i A I t 1 Evans r Earl Carl Eady l M. M Utah Salt Satt Lake Cake City I I K De Dear r friends In order th that t we wa m mayre y yr r nay r c call ll our to any promptly p x spond p deserted deserts is never telephone minute of the twenty- twenty Every t d days ys a a. av hours a a. d day y t seven four weeks a a. year r er week thesis v two fifty-two within hea hearing rin g there is someone distance regard this as an distance ante We service part of our essential right to expect xI ct it have a a. You k service ce is for the pub puh- f J lies Llos a convenience Our not net ours aura Respectfully rJ IIA J t J 4 Tv-I Tv t fi r. r Il i A Message to J OF THE Montana Life Insurance Coo An J. important progressive step 1 Ion long o n g g contemplated by the di management was vas taken at the annual meeting of policy holder olic holder and stockholders held at the Home Office F February e b r u a ry 7 1938 when hen it was vas voted to change b the name to WESTERN LIFE I 3 INSURANCE C CO COMPANY V l iP The only change is in name The same management will continue to operate it ii it ir the same conservative e manner as in the past The original name excludes more than thE 96 per cent of life insurance buyers buers in 1937 in the territory where the Company operates Carl Rasch R. R B. B Richardson Alex Cunningha Cunningham m Chairman President Vice Pres President idem and High Lights of o Twenty-Eighth Twenty J Annual Financial Statement Dec 31 Assets or oL Surplus to Policyholders including voluntary reserve resent over OTe P v vOn o On deposit with Withe the tho State Stat Insurance Commissioner fl O 6 74 securities of 01 13 g This Is 17 11 per cent In excess of the Ule amount required l 1 by jr y I i iThe ir Montana's deposit law Bonds government nt municipal railroad public utility and Industrial i 6 75 r r The bond account represents per cent In 1924 but carried as an asset assel asset 0 of all assets and 87 per cent of all rated bond only one dollar represents a trifle more than aD holdings are A or higher 52 per cent of ot them one half of or one per cent of or the total assets I triple A 13 per cent are rated triple B double For each or of obligations the Wei B or B. B No r bond holdings of or lower Life has In resources First mortgage loans 94 per cent of which provide for lor the payment of Interest monthly and Since it began business in 1910 the wes wesa Western West a reduction of the principal represent 2790 Life has paid in total benefits or holds In t trust per cent of the Company's resources Real estate for policyholders and beneficiaries the graj grand owned including the Home Office which cost total of JH JHA A Copy of the Statement Will Be Sent Y You Ot From Fon the theOffice H Office at Helena Upon Request THE CORPORATION General Agents i Judge Building Phone Was 1 Complete INSURANCE Service Frank Salisbury Manager E. E W. W Hays Agency Supervisor G. G A. A Anderson Agent An All Opportunity for fol Live Agents b ba a |