which consists of a Home Office site, is carried at $20,000, and the company states that the appraised value is $30,000. The company has not yet moved into its new quarters, having a long time lease on its present quarters, but it advised us that it is receiving revenue from its real estate investment. The mortgage loans are secured by Iowa farm lands valued at over three times the amount loaned.
Classes of Business Written.— Fire, tornado and automobile insurance.
Territory,—It is licensed in Iowa only.
Dfv4tl nds.— It paid a dividend of $1,500 in 1910 and $3.000 in 1911. In 1919 it paid a dividend of $6,000.
Officers.—President, W. W. Marsh: vice-presidents, Geo. N. Garrettson and Robert Palmer: treasurer, A. H. Holt; secretary, Hermann Miller.
Bauch. J. C., special agent of company, Des Moines, Ia. Copley, I. M. insurance, Waterloo, Ia.
G:lrrettson. Geo. N., president Iowa State Bank, Water-loo. Ia.
Headford. A. H„ Headford Bros. S. Hitchins, Waterloo, Ia. Holt. A. H., retired capitalist, Waterloo, Ia.
Kingsley. M. H., capitalist, Waterloo. Ia.
Lichty. Geo. E., president Smith, Lichty, Hillman Co., wholesale grocers, Waterloo, Iowa.
Louden. Wm.. president Louden _Machil}ery Co., Fairfield, iowa.
Marsh. W. W., president Iowa Dairy Separator Co. Miller. Carl, insurance adjuster.
Miller. Hermann, secretary of company.
Myers, II. V., state agent of Security Insurance Company,