Watertown offered more attractive "inducements," as the next meeting of Dakota Mutual Life was held in Watertown on November 17, 1906. The board scheduled a meeting for December 8, at which time Watertown was named the official home office of the company. You can see a photo of the original Watertown home office below.
Also of interest at this meeting: The board approved a surety bond through Western Surety Company of Sioux Falls, which eventually grew into the nation's largest bonding company and remains a prominent part of the Sioux Falls business community.
To read the story of the founding of Dakota Mutual Life - which became Midland National - click here.
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The original Watertown home office for the company that became Midland National Life. |