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.