APPENDIX DIRECTORSHIPS HELD IN OTHER COMPANIES BY THE DIRECTORS OF 17 LARGE LIFE INSURANCE COMPANIES IN 1948 INTRODUCTION This is a study of the directorships held in other companies by the directors of the 17 largest life-insurance companies in the United States according to their total assets on December 31, 1947. These companies, ranked according to assets, follow: These 17 companies had 340 directors in all, an average of 20 per company. The 340 directors had directorships in 2,120 companies, including the particular life insurance company of which he was a director, an average of over six directorates per man. The information is for the year 1948 and was compiled from Poor's Register of Directors and Executives, 1949, published by Standard & Poor's Corp., New York. Directorships held on the boards of nonprofit foundations, organizations, and institutions are not included. However, directorships on boards of trade associations and other business associations are included. The insurance companies in this study are listed in a Legislative Reference Service study of "100 Corporations in the United States With Assets Over 500 Million Dollars: 1947." This study ranks these corporations according to asset size within the following groups: Banking, insurance, manufacturing, public utilities, and railroads. 1. Aetna Life Insurance Co. Brainard, Morgan Bulkeley: Hartford Electric Life Co. Hartford National Bank & Trust Co. Hartford County Mutual Fire Insurance Co. Hartford Steam Boiler Inspection & Insurance Co. Swift & Co. Underwood Corp. Connecticut Printers, Inc. The Connecticut Co. 96347-49-pt. 1-39 601 1. Aetna Life Insurance Co.-Continued Automobile Insurance Co., president Cleveland-Cliffs Iron Co. John P. Maguire & Co. Aetna Casualty & Surety Co. Standard Fire Insurance Co. Hartford National Bank & Trust Co. New Jersey Zinc Co. Smyth Manufacturing Co. Scovill Manufacturing Co. Cammack,, Edmund Ernest: Automobile Insurance Co. Aetna Casualty & Surety Co. Standard Fire Insurance Co. Cooley, Francis B. (No other directorship listed.) Deeds, Charles Walton: Mead Corp. Hartford-Connecticut Trust Co. Fairchild Engine & Airplane Corp. Aetna Casualty & Surety Co. Automobile Insurance Co. Whitin Machine Co. Enders, John Ostrom: Hartford National Bank & Trust Co. Aetna Casualty & Surety Co. Automobile Insurance Co. Hartford Steam Boiler Inspection & Insurance Co. Dime Savings Bank Society for Savings, Hartford, trustee Enders, Ostrom: Hartford National Bank & Trust Co., president Aetna Casualty & Surety Co. Automobile Insurance Co. Society for Savings, Hartford, trustee Hartford Electric Light Co. Billings & Spencer Co. Colt's Manufacturing Co. United Aircraft Corp. Standard Fire Insurance Co. Little, Mitchell S.: M. S. Little Manufacturing Co., president Aetna Casualty & Surety Co. Automobile Insurance Co. Smyth Manufacturing Co., president Sigourney Tool Co., president E. C. Fuller Co., chairman of board Whitlock Mfg. Co. Terry Steam Turbine Co. Hartford Gas Co. Society for Savings, Hartford, trustee Arrow-Hart & Hegeman Electric Co. Standard Screw Co. Collins Co. Hartford National Bank & Trust Co. 1. Aetna Life Insurance Co.-Continued Morcom, Clifford B.: Aetna Casualty & Surety Co. Standard Fire Insurance Co. Robinson, Barclay: First National Bank of Hartford Billings & Spencer Co. Standard Fire Insurance Co. Smyth Mfg. Co. Avon Water Co. Wilcox, Roy C.: International Silver Co. Hartford Connecticut Trust Co. City Savings Bank Meriden Trust & Safe Deposit Co. Aetna Casualty & Surety Co. Automobile Insurance Co. Wilson, Eugene Edward: Aircraft Industries Association of America, Inc., chairman board of governors Hartford National Bank & Trust Co. Dime Savings Bank Automobile Insurance Co. Southern New England Telephone Co. McGraw-Hill Publishing Co. 2. Connecticut General Life Insurance Co. Hartford Electric Light Co., president D. N. Barney Co., president Farmington Savings Bank Automatic Refrigerating Co. Hartford Steam Boiler Inspection & Insurance Co. Hartford Electric Steep Corp. Veeder-Root, Inc. Sound Scriber Corp. Brainerd, Lyman B.: Hartford Steam Boiler Inspection & Insurance Co., president Phoenix Insurance Co. Boiler Inspection & Insurance Co. of Canada Bulkley, George Edward (no other directorship listed) Cole, Richard H.: Connecticut Printers, Inc. Hartford National Bank & Trust Co. Day, Arthur Pomeroy: Hartford-Connecticut Trust Co. Arrow-Hart & Hegeman Manufacturing Co. Aetna Insurance Co. World Fire & Marine Insurance Co. Century Indemnity Co. E. G. Whittlesey & Co., Inc. Mechanics Savings Bank Spencer Turbine Co. Russell Manufacturing Co. Piedmont Fire Insurance Co. Glover, Milton H.: Simsbury Co. Guardian Investment Trust Capewell Manufacturing Co. Chemical Coatings Corp. Veeder-Root, Inc. Whitney-Hansom Industries, Inc. Manufacturers Association, Hartford County, Conn. Hartford National Bank & Trust Co. Hartford Electric Light Co. Aetna Insurance Co. Southern New England Telephone Co. Mechanics Savings Bank New York Trust Co., trustee Baldwin, Raymond E. (no other directorship listed) Byrne, John Baird: Hartford-Connecticut Trust Co., president 3. Connecticut Mutual Life Insurance Co.-Continued Hartford Fire Insurance Co. Hartford Accident & Indemnity Co. Hartford Empire Co. Hartford Courant Co. Campbell, Charles I.: Connecticut Light & Power Co., chairman of board Shelton Canal Co. Windsor Locks Canal Co. Rocky River Realty Co. Hartford-Connecticut Trust Co., trustee Cray Manufacturing Co. National Industrial Conference Board Fraser, Peter MacGregor: Hartford-Connecticut Trust Co. Dime Savings Bank United Aircraft Corp. Phoenix (Fire) Insurance Co. Connecticut Fire Insurance Co. Connecticut Light & Power Co. Plume & Atwood Knox, James W.: First National Bank of Hartford, president Hartford Gas Co. Loomis, James Lee: First National Bank of Hartford Simsbury Bank & Trust Co. Phoenix Fire Insurance Co. Hartford County Mutual Fire Insurance Co. Society for Savings, Hartford, trustee Hartford Courant Co. New York Connecting Railroad Berkshire Street Railway Connecticut Power Co. Connecticut Co. Colt's Manufacturing Co. New England Steamship Co. Life Insurance Association of America McCain, William Ross: Aetna Insurance Co., president World Fire & Marine Insurance Co., president Century Indemnity Co., president First National Bank of Hartford Mechanics Savings Bank Piedmont Fire Insurance Co., president Standard Insurance Co., president Chemical Bank & Trust Co. Reinsurance Corp. Smith, Francis Goodwin: Hartford-Empire Co. Aetna Insurance Co. State Savings Bank, trustee Stanley, Philip B.: Stanley Securities Co. New Britain Machine Co. New Britain Trust Co. Stanley Works Phoenix Insurance Co. Connecticut Fire Insurance Co. |