Abendpost -- January 17, 1890German Mutual Fire Insurance Yearly Meeting and Election
Folz's hall, corner North Avenue & Larrabee was the assembly place for hundreds of the Mutual Insurance Company's 1700 members.
President Mathias Schmitz, other officials elected. Half yearly report, $59,378.98.
Capital in bonds and money $223,545.63.
Capital, premium notes, and $2,980,600 obligations for its active polices.
Net profit $3,000.
The last amount is to become the initial fund for the erection of their own Administration bldg. In the vicinity of Fullerton and Belmont Ave. a branch is contemplated.
II D 2, II F
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