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About La Grande observer. (La Grande, Or.) 1959-1968 | View Entire Issue (Aug. 29, 1959)
Observer, La Grande, Ore., Sat., Aug. 29, 1959 Page 6 This advertisement isneither an offer to sell nor a solicitation of offers to buy any of theccvccurUles. Tie offering is made only by prospectus to bona fide residents of the State of Oregon 1 1 v (y the formation of a new . home owned Oregon legal reserve insurance company INSURANCE COMPANY OF AMERICA-offers an MvestKient for a limited number of Oregon ,grojjpI uregon Businessmen in aTiyivhoseJwnnemceTwill be AWfrrr (M( &tft(ictt Harold A. Jemen, Jr. Srcntary and Uirtclur, Solent, Ortgon Executive Analyst George S. Mv Cow Kornwr InttlliuBnc Officer, USAK Former I'tycholugical Warfare OIRier, USAK Fornii-r Human neaourcet Retfarch Ollit-rr. USAF Former CartonrapVic Offiier. USAP Grailunle Coliinibit Uiuversily, Nevr YurktitjMA, Ernttl F. Hinkl Dirrttor, Pnrtlanrl. Oregon rreitidrnt E. F. llinkle & Co., Tnr, Invent merit-Seni ril lea Direftr Orennn Kepuhtu-an Club . Graduate I'nivemity of (reKtR Memlier Tort land Chamber of Commerce Mason, bkruitr G. C. Fugitt A dt itor, Purlland, Oregon Former State Manager Pyramid Life Insurance Co. Former Kegmnal Sit)ervior H. K. Coffey k Aaaociatea (Mutual & United of Omaha) Former Vice-President OreRin Awo . ciat ion Accident A Health Under write GE(Ml0Gffl3I3D Clip out and mail this coupon Orpgon Underwriter!, Inc. r. 0. Box 151 Salem, Oregon Gentlemen: . rieas send me copy of th Inaursnfe Compnny of America proapectu. I understand I am under no obligation. NAME.. ADDRESS. residents to partiipatwitha uuuuusg a mc imimuuv w... in Salem, OregonT Henry A. Buehner Chairman of the Board, Portland,' Oregon President Miami Veneer Co. Vice-President and Secretary Buehner Lumber Co. Member of Western Forest Industrie! Associat ion Memlier of Oregon Bar and Virginia Bar Awociatiuua Jame Hatfield Trennurer and Ihrertor, Solent, Oregon Owner James Hatfield and Associates, Prnertv AtpraiMls and Management Former President Willamette Kealty at ImuranceCo. Senior Member Society of Residential Appraisers Memlier National Association of Keal Estate Hoards Former Manager Rex Ssnford Fiuaaoa Oregon Real Estate Urulur Lawrence T. Schibel Aih-i$or, Portland, Urrgon Sei'retary -Treasurer John Schibel ConiMny (Insurance Mrokersl Cliairman of Board of Sylvan Water District Community Chest Insurance Group March of 1 limes liraduata ul iNolie Darua '! Robert S.tovell Advisor, Attoria, Oregon Miiner - Secretary - Treasurer LoveU Auto Co. Pnrtnrr Lovell-Mi-rall Tire Co, Direi tor and Pant Prraident Chamber of Commerce Director Astoria School Board Past President KiwanmClub Me mter Kxecutive board boy ScouU Mason - Shriner ... t- h . i ii i ' !' i i ii.. ii, i t, . T I CAPITAL STOCK OFFERING Insurance Company of America will issue one kind of stock common. All shares will have the same value: each will be entitled to one vote. All shares will have equal dividend rights. Stock is non-assessable. There will be no free or gift stock Issued to anyone. Officers, Directors and advisors will pay the same price as the public, which is $4.00 per share. Until the statutory amount of capital and surplus ($300,000) is received from this public offering, all money, except underwriting ex penses, will be deposited In a special account. If the Company is not granted a license to sell insurance, all funds, including underwriting expenses, will be returned to the subscribers. The Company desires many stockholders, residing in every section of the State. To assure this wide distribution the Com pany will limit purchases to not over 1250 shares per person. So far as practicable, shares will be allocated to the counties on a population and income basis. Minimum purchase will be 100 shares. "I Hugh Earl t ' Pretident, Salem, Oregon Former Oregon Commissioner of Wfaipsirjywjj Insurance Former Division Chief Bureau of Internal Revenue (Eugene) Former Cieneral Agent and Broker of aO lines of Insurance Former Owner Reedsport Packing; Company Mason, Shriner, Elk, Footprinter Trustee of Khinehart Foundation Bruce J. Herainger Director, Eugene, Oregon Partner C.P.A. Firm Collinf, Herrnger, Ray and Porter Director 'itizens J3snk. Eugene Psrlner McGarTey a Memorial dispel Secretary Treasurer Einerald Kmpue Kiwanis Foundation Vice l"reaident Bartle Collins Inc. Treasurer First Christian Chun h of Eugene Past President Central Lane Cuuaul of Churches lowrence E. Slater Advisor, Klamath Fulls, Oregon . Mavor Klamath Falls Owner I jmrence Slater Iusurs'iica Agencv Director Iacie of Oregon Cities Past Exalted Killer Elks lilge Director Chauiber ot Couuuerce Wallace A. Whit Adrisor, Coos Bay, Oregon Partner and Manager Art Directing and Furniture Company Vice-President Retail Furniture Asso ciation of Oregon Former City Councilman - Member Chamber of Conunerre Graduate Cniversity of Oregon Graduate Harvard School of Business 1 OUJU, 1 vm-i Thomas W. Churchill Vice-President & Director & General Counsel, Saiem, Oregon Attorney at Ijiw Siecial Assistant AttornpyGei.cr.il Ornn sState Board of Aeronaut i s Former Assistant City Attorney, Salum Director Marion County Bar Association Director and Past Secretary Oregon I tilted NationM Ahs(m intion Dirw lor and Pant IVeident Imak Walton Leauo of Ainerka, Solera Cliapter C. Edwin Francis Director, Ihn'thnd. Oregon Pn'sident Francis Motor Car Co. V ire-President 1st National Lea6 'oiKtrHtion Director Oreiton State Motor Asmh iation Dire tor AnttHnohile Dealers of Portland Trustee Portland Alt As.n-iatioa Memlier Portland Chamber of Comnverfe (iiaduate L'iiieiait of Oifgott 0 S1 Raymond A. Hutchinson " Adt tsot , Sutem, Oregon , Owner Haymow. A. Hutthiiisoa IitMtrance ARejv Vice-Pi-esiilent Willamette Realty St Insurance 'o. Insurance and Pwisiviib SetLiliak William O. Kelsay Advisor, Hoaeburg, Oregon Secretary Paul B. Hult Lumber Corpora t ion Director Round Prairie Lumber Corporation Member Chamber of Commerce Member Executive Board Western Forest Industries Association Member Adviaory Board Oregon California Revested Lands Oregon State Representative Member Interim Tax Commission . POPULATION GROWTH The United States Census Bureau estimates that by 1976 the population of the United States will increase from the present ' 171 million people to 231 millions an increase of 60 millions. The rapid growth in population and the public recognition of the need for individual life insurance programs offers, we be lieve, a hopeful future for a well managed life insurance com pany. To this end, business and professional men of this state have joined their efforts to build an insurance company and invite you to read the prospectus outlining these plans and , objectives. BUDGET INVESTMENT PLAN The Capital stock may be purchased for cash or on the budget investment plan, whereby a purchaser may subscribe to a fixed number of shares, paying not less than forty percent of the total purchase price down, with the balance payable monthly within a period of not to exceed six months. Reginald Laurence Jensen Vice-President A Director, Salem, Ortgrm Former Public Relations Manager Equi table Life and Caxualty Inmirance Cft Former Ceneral Agent Equitable Liff and Casualty Insurance Co. Former Assistant Department Manager Seara Roebuck Co. Former Agent Reliauce NatiooaJ Lif Insurance Co Thomas R. Chamberlirt Director, Xeu port, Oregon President Yaquina Bay Dock antf DreflgeCo. Inc. Vice -President Ferris Quality Nursery Director Pacific Communities Hospital Director Associated Oregon Industries Member National Rivers ft Harbor Congress Member of Rotary Club Past President Chamber of Cuouuena Vernon R. Wilson Advisor, Ontario, Oregon Businessman, Stockman, Farm Leader Assistant Manager U.S. National BanJ Ontario Branch Past President Vale Chamber of Commerce Past Chairman of Agriculture and Forest Commission of Oregon, . Bankers Assoriat ha Maaon, Shriner, Elk Robert B. Duncan Advisor, Medford, Oregon Attorney at Iaw Partner Duncan. Brophy, Wilson h Duhaime Law Firm Speaker of Oregon House of Repre sentatives Chairman of Legislatiw Fiscal Committee V'ice-Chairman State Knergy, Board Member Ijthor Management Committee Member Interstate Compact Committee Member Legislative Council Committee 1 . . I I I .ml CITY- . STATE. ijfo & ewfic(y icyetatt- fe Artec $t terrot L.