A SI]STAINED BBOOBII OB AOOOMPLISIIMBNT

Founded in | 901, the history of this institution records a steady march to a position where its annual volume of premiums written exceeds that of any other mutual fire insurance company in the world.

No more convincing evidence of the soundness of the Northwestern plan is needed than its record of savings to policyholders and losses paid aggregating more than Thirty-rwo Millions of Dollars.

Savings to Policyholders $12,916,750.48 Net Losees Paid $l4,67 5,7 | 7.43 Admitted Assets

When you insure in the Northwestern you are allied with other selected property owners. The rewards of such an alliance are certain.

The Northwestern is co-operating with the California Retail Lumbermen's Association.