Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 4 Dec 1936, p. 3

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Original Head Office (upstairs) where the "Ontario Mutual Life" as the Company was first known, began business in February, 1870. Location â€"King Street, Waterloo, Ontario. The third Head Office, erected in 1878, on Erb Street ISAAC E. BOWMAN, M.P President 1870â€"1897 E/ J / â€""~ / ff ""i\\&‘fl m HÂ¥ i [ \)v \// A M MMCE w@ NP WQUF ROBERT MELVIN President 1897â€"1908 The Mb 1 Head Office of The Mutual Life of Canada, King and Union Slreéts, Waterloo, erected in 1912. Additions were made in 1920 and 1930. The man _ who â€" interested Cyrus M. Taylor in the new idea. The man who conceived the id:‘za of forming the Mutual Life. PR KITCHENER BRANCH OFFICE â€" DUNKER BLDG., KITCHENER, ONT JAMES McQUEEN E. P. CLEMENT President 1908â€"1920 J. B. HUGHES 1st Viceâ€"President (1929â€" ) L. L. LANG exceeds â€" 0 1 0 1 0 1 0 L 0 â€" _ $66,000,000 Total paid to Policyholders and Beneficiaries since organization = > > â€" â€" $201 .000 NN Number of Policyholders â€" Total Assets, December 31, 1935 Dividends Paid to Policyholders since From its inception sixtyâ€"seven years ago, the history of the Mutual Life has been a record of splendid achievement. The growth of the Company, by decades, affords striking evidence of the way in which the Mutual idea has taken hold : 1870 â€" â€" â€" â€" $ _ 500,000 1880 â€" â€" â€" â€" 3,064,884 1890 = = > w 13.710.800 1910 1920 1980 1936 All surplus earnings belong to policyholders The Mutual Life is now reâ€" cognized as one of the foremost financial institutions of the Dominion and has an interâ€" national reputation for fair dealâ€" ing and outstanding returns to policyholders. On this page we present to the readers illustrations showing the growth and development of this Company which was born in Waterloo with the granting of a government charter on December 19, 1868, a few years after the founding of The Chronicle. Reâ€" produced also are pictures of men who have played a large part in guiding the destinies of the Company througb the years. congratulations to The Waterloo Chronicle on its 80th birthday. Record of Growth The Mutual Life Assurance mpany of Canada extends R. 0. McCULLOCH HIGHLIGHTS HUME CRONYN President 1920â€"1929 President (1929. Exceeds $535,000,000 organization $ _ 500,000 3,064,884 13,710,800 29,518,626 64,855,279 206,627,728 492,833,318 W. H. SOMERVILLE, A.LA., A.A.S $201,000,000 ©150,000 $152,600,000 The man who laid the foundations of the Mutual Life â€"its first Manager. ______, â€"â€" The "father of the Mutual" . . . . the man who won inâ€" fluential support and formed the original Company. General Manager (1925. . ) GEORGE WEGENAST General Manager 1898â€"1906 Managing Director 1907â€"1918 General Manager 1870â€"1897. WILLIAM HENDRY C€. M. TAYLOR The second Head Officeâ€"the Devitt Block, Waterloo. (The costumes shown are correct for the periods involved.) CHARLES RUBY General Manager 1918â€"1925 The present Head Office at King and Union Streets C. M. BOWMAN Chairman of the Board 1926â€"1932

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