7a. 



E. E. Houghtby 

 Secretary 



Earl C. Smith 

 President 



Paul E. Mathias 

 Assistant Secretary 



Robt. A. Cowles 

 Treasurer 



Talmage DeFrees 

 Vice-president 



A. E. Richardson 

 Manager 



.1^4: 



JUST AN IDEA 12 YEARS AGO! TODA\ 

 one of the top-notch casualty companies of the 

 countn with nearly S2,000,000 of assets . . . more 

 than 50 per cent of this amount in the form of 

 SURPLUS. Few if any can match this record for 

 safety, strength and stability. More than 64,000 

 auto and truck policies in force. Three thousand 

 farmer employer liability, and 1800 4-H calf club 

 policies. One hundred thousand claims settled 

 over a period of 10 years. 



So have Illinois Farm Bureau members built one 

 of the outstanding cooperative enterprises of the 

 United States. 



FARM BUREAU MEMBERS ARE PREFERRED 



risks for auto insurance. They are entitled to 

 lower rates than others. This thought prompted 

 the formation of the company. Time has proved 

 that this was a solid foundation on \\ hich to build 

 . . . one reason for the rapid growth and amazing 

 success of the company from its beginning. 



Examine the financial statement to the right abo\e. 

 Note the unusual high proportion of assets repre- 

 sented by surplus. Study the division of the pol- 

 icyholder's premium dollar. 



Where else can you find a company that pays back 

 65.4 per cent of its premiums (1937 figures) in 

 the form of claims? Add to this the 7.8 per cent 



E. Harris 



<fr.t>\l.ikL-. Dtrcilor 



L. M. Knox 



Morrison, [)ircii' 



Otto Steffey 

 itrofiiihurst. Dincto 



M. Ray Ihrig 

 C»t»kU'n. Dirtiror 



Albert Hayes 

 C.hillKoihc. nirt«.t<» 



C. M. Smith 

 luTL-ka, I>irL-(.tor 



W. A. Dennis 



Paris, Dirccior 



Eugene Curtis 

 Chjmpaiiin. nin- 



^ ILLINOIS AGRICULTURAL MU 



