Fifty Tears of Service

(Condensed from an item in the Montpelier (Vt.), Argus, Sept. 30)

Clarence E. Moulton, who achieved the remarkable record of 50 years with the National Life Insurance Co. on October 1, was the guest of honor at a dinner on his 78th birthday, September 29. Actuary Jackson made the principal speech, paying tribute to Moulton's many fine qualities and his conscientious and loyal service to the Company. Moulton made a witty and happy reply.

Mr. Moulton has not only been connected with the National for a half century, he has held the important offices of actuary and treasurer and served under five presidents: Dewey, Houghton, DeRoer, Howland, Brigham.

A native of Randolph, he was born on the farm settled by his great grandfather in 1791.

Two years after graduating from Dartmouth in 1889, he entered the treasurer's department of the National under Treasurer Houghton and Assistant Treasurer Cutler. Six years later, Houghton was advanced to the vice presidency, Cutler became treasurer and Moulton assistant treasurer.

His career turned into a different path in 190 a, for when Actuary Joseph A. DeRoer was made president, Moulton succeeded him, and held the position of Actuary for 27 years. In November 1929, after Treasurer Dillingham resigned on account of ill health, the directors turned to Moulton as one so familiar with that department that he could assume its direction without causing any hitch or delay in the smooth-running of its affairs, and he became treasurer, a position he held until 1940, when, under the company's pension plan he retired, but continued as a valuable member of the committee on finance.