Full Text of HR0749 102nd General Assembly
HR0749 102ND GENERAL ASSEMBLY |
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| 1 | | HOUSE RESOLUTION
| 2 | | WHEREAS, The members of the Illinois House of | 3 | | Representatives wish to congratulate State Farm on the | 4 | | occasion of its 100th anniversary; and
| 5 | | WHEREAS, One of America's premier financial service firms | 6 | | with a countrywide presence, State Farm is headquartered in | 7 | | the city of Bloomington; and
| 8 | | WHEREAS, When Henry Ford led the invention of America's | 9 | | first mass-produced, gasoline-powered motor vehicles, the | 10 | | millions of motor cars that streamed onto America's roads and | 11 | | highways created a new way of life and new challenges for the | 12 | | people of Illinois; and | 13 | | WHEREAS, Middle-class farmer George J. "G.J." Mecherle, | 14 | | born in Merna in rural McLean County east of Normal, became | 15 | | familiar with the new gasoline-powered engines and became an | 16 | | active and successful Central Illinois tractor salesman; and | 17 | | WHEREAS, Familiar with Illinois rural life and rural | 18 | | roads, G.J. Mecherle realized that automobile insurance rates | 19 | | being offered by insurers to Central Illinois automobile | 20 | | owners did not reflect the true risks of the region; he | 21 | | believed Central Illinoisans deserved to have less expensive |
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| 1 | | insurance if they banded together to insure themselves | 2 | | "mutually" as policyholders; and | 3 | | WHEREAS, In 1922, G.J. Mecherle circulated a proposal for | 4 | | members of farm mutuals who owned cars to pay a supplement to | 5 | | their dues to win the right to insure their cars for less | 6 | | money; and | 7 | | WHEREAS, After many Illinoisans responded with great | 8 | | interest, and after licensure by the State of Illinois, the | 9 | | State Farm Mutual Automobile Insurance Company opened its | 10 | | doors in Bloomington on June 8, 1922; and
| 11 | | WHEREAS, This financially pioneering market entry broke | 12 | | new ground in the U.S. insurance industry and paved the way for | 13 | | State Farm to expand into new customer bases and into many | 14 | | separate forms of financial protection and security, creating | 15 | | the State Farm of today, a family of financial service | 16 | | affiliates owned by State Farm Mutual; and
| 17 | | WHEREAS, As a provider of a large suite of financial | 18 | | service products, State Farm, along with its licensed agents, | 19 | | helps support household financial stability and economic | 20 | | growth in the communities it serves, and this is the source of | 21 | | State Farm's identity statement, "Like a Good Neighbor"; | 22 | | therefore, be it
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| 1 | | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE | 2 | | HUNDRED SECOND GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that | 3 | | we congratulate State Farm on the 100th anniversary of its | 4 | | commencement of business; and be it further | 5 | | RESOLVED, That we congratulate State Farm's personnel, | 6 | | retirees, and licensed agents, who are all essential elements | 7 | | in State Farm's identity as a "Good Neighbor"; and be it | 8 | | further | 9 | | RESOLVED, That we wish State Farm many more centuries of | 10 | | good neighborship to come; and be it further
| 11 | | RESOLVED, That a suitable copy of this resolution be | 12 | | presented to State Farm Chief Executive Officer Michael | 13 | | Tipsord as an expression of our esteem and respect.
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