A thumb-nail history of the city of Houston, Texas, from its founding in 1836 to the year 1912 Page: 169
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THE CITY OF HOUSTON, TEXAS 169
forced to suspend and go out of business a few
The Guarantee Life Insurance Company was the
first life insurance company organized in Houston.
It was organized in 1906 with a capital stock of
$100,000 and prospered from the very beginning.
It does an immense business and has over $18,000,000
insurance in force. The officers of the Guarantee
are: Jonathan Lane, president; John H.
Thompson, vice president and Charles Boedeker,
The Great Southern Life Insurance Company
is, in some respects, a wonderful organization. It
was organized in 1909 and though it is less than
three years old, it has done and is still doing, an
immense business. It has a capital of $500,000 and
a surplus of $500,000 and outstanding insurance of
over ten million--dollars. Among its policy holders
is one who is insUred for $100,000, the largest policy
ever written in Texas for one person. The officers
of the Great Southern are: J. S. Rice, president;
O. S. Carlton, C. G. Pillot, J. S. Cullinan and P.
H. McFadden of Beaumont, vice presidents; J. T.
Scott, treasurer and Louis St. J. Thomas, secretary.
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Young, Samuel Oliver. A thumb-nail history of the city of Houston, Texas, from its founding in 1836 to the year 1912, book, 1912; Houston, Texas. (texashistory.unt.edu/ark:/67531/metapth24649/m1/187/: accessed April 25, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .