Mile Square in Indianapolis in Marion County, Indiana — The American Midwest (Great Lakes)
Reserve Loan Life Insurance Company
Photographed By Duane and Tracy Marsteller, August 6, 2023
1. Reserve Loan Life Insurance Company Marker
placed on the
National
Register of
Historic Places
by the United States
Department of the Interior
Topics and series. This historical marker is listed in these topic lists: Architecture • Industry & Commerce. In addition, it is included in the National Register of Historic Places series list. A significant historical year for this entry is 1925.
Location. 39° 46.411′ N, 86° 9.353′ W. Marker is in Indianapolis, Indiana, in Marion County. It is in Mile Square. Marker is at the intersection of North Pennsylvania Street and East Allegheny Street, on the left when traveling south on North Pennsylvania Street. Touch for map. Marker is at or near this postal address: 429 N Pennsylvania St, Indianapolis IN 46204, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within walking distance of this marker. Indiana World War Memorial (within shouting distance of this marker); Veterans Memorial Plaza (within shouting distance of this marker); a different marker also named Indiana World War Memorial (about 500 feet away, measured in a direct line); a different marker also named Veterans Memorial Plaza (about 600 feet away); Roberts Park United Methodist Church (about 600 feet away); a different marker also named
this page online
Regarding Reserve Loan Life Insurance Company. Excerpts from the National Register nomination:
As originally constituted by the Board of Directors on September 3, 1896, The Reserve Loan Life Insurance Company was called Railway Officials and Employes [sic) Life Association of Indianapolis, Indiana.…As organized, this association was representative of fraternal or benevolent society involvement with payment of death benefits through an assessment plan which offered life insurance to the working classes at rates and methods of payment compatible with weekly earnings. On October 7, 1897, the association became known as The Reserve Loan Life Insurance Company.…
The Reserve Loan Life Insurance Company remained in its new building until 1940. Local ownership had ceased with control of the stock passing to the Fidelity Insurance Company, Atlantic City, New Jersey in 1937.…In 1940, the New Jersey interests were purchased by a group of Texas businessmen headedby C.W. Murchison of Dallas. The group formed a new company, The Reserve Loan Life Insurance Company of Texas which reinsured assets of the Indiana company. The officers present in Indianapolis in 1940 moved to Texas to continue their positions.…Photographed By Duane and Tracy Marsteller, August 6, 20232. Reserve Loan Life Insurance Company Marker
In 1943,the Indianapolis-based State Life Insurance Company, founded in 1894, received title of the building in exchange for insurance properties located in the Southwest.…In 1949, the building was purchased by Indiana Lumbermen's Mutual Insurance Company for use as its home office. This company incorporated in 1897 in Indianapolis specializes in fire and allied insurance underwriting. Between 1949 and 1980, Lumbermen's maintained its offices in the building. Thus between 1925 and 1980, three Indianapolis-based insurance companies retained ownership of 429 N. Pennsylvania Street.
Also see . . . Reserve Loan Life Insurance Company. National Register nomination (PDF) and photographs (separate PDF) submitted for the building, which was listed in 1990. (National Park Service) (Submitted on August 28, 2023, by Duane and Tracy Marsteller of Murfreesboro, Tennessee.)
Photographed By Duane and Tracy Marsteller, August 6, 2023
3. Former Reserve Loan Life Insurance Co. building
Credits. This page was last revised on August 28, 2023. It was originally submitted on August 28, 2023, by Duane and Tracy Marsteller of Murfreesboro, Tennessee. This page has been viewed 68 times since then and 14 times this year. Photos: 1, 2, 3. submitted on August 28, 2023, by Duane and Tracy Marsteller of Murfreesboro, Tennessee.
