[Letter from Harris Leon Kempner, Jr. to Arthur M. Alpert, August 11, 1964] Page: 1 of 2
This letter is part of the collection entitled: Harris and Eliza Kempner and was provided to The Portal to Texas History by the Rosenberg Library.
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3M 9-62 W.-;'
OFFICE LETTER
FROM HLK, Jr. DATE August 11, 1964
To AMA
RE: Insurance Policies (four) of Miss Gladys Kempner
1. After discussion with Mr. Snyder of American Indemnity Insurance Co.,
RLK and I decided to allow Term Policy No. 83035 for $10, 000.00 and No. 82462
for $15,000 to lapse without conversion into Whole Life Insurance. RLK suggested
that you write Western & Southern, but I will take care of that.
2. Gladys also has two full Life Policies Nos. 83036 for $15, 000. 00 and No.' 83037
for $10, 000. 00. After conference with Mr. Sn rder, and after being ayrised o
the fact she is paying one quarter of the premiums for these policies 'she would
if she had to switch or buy new ones now, we have decided to continue to pay pre-
miums on these policies.
Moreover, I think it would be a good idea to write Western & Southern to find
out what the following amounts are worth and what they will be during the next
ten years assuming that Gladys pays the premiums.
a. Total cash surrender value
b. Amount of paid up participating policy
c. Annual income derivable from cash value
(I intend to write Mr. Willis today of Western & Southern at the LaMarque office
in reference to the above information).
Attached are the bills for this year's premiums for the Whole Life Insurance
Policy which I assume you know how to handle.
HLK, Jr. /bs
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Kempner, Harris Leon, Jr. [Letter from Harris Leon Kempner, Jr. to Arthur M. Alpert, August 11, 1964], letter, August 11, 1964; (https://texashistory.unt.edu/ark:/67531/metapth1412535/m1/1/?rotate=90: accessed June 25, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Rosenberg Library.