MUTUAL FIRE AND LIGHTNING INSURANCE

 

The Mutual Fire and Lightning Insurance Company was organized at Hamlet in 1878, under the insurance laws of Illinois. Josiah Candor and Graham Lee were the principal leaders in effecting the organization. The first officers of the company were : Graham Lee, president, and Josiah Candor, treasurer. The subscribed capital was $62,046.65.

The present board of directors is : Graham Lee (president), H. Ketzel (secretary), W. Wilmerton, J. I. Everett, G. D. Miller, David Mayhew, P. S. Montgomery, William Wait, J. B. McConnell, and G. Peate. The number of policies now out is 146, with an aggregate capital of $304,720. The company, during its organization has not met with a single loss, hence their insurance during the time has cost them nothing. This has proved the best system of insurance to the farmer of Hamlet and vicinity ever adopted by them.

 

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Illinois Ancestors