An open house will be held from 2-4 p.m. Sunday, Oct. 6, at the Manila Depot Community Center in honor of Misco Insurance Agency's 50 years of business and welcoming David Shedd, the third generation to join the family business. Everyone is invited to the celebration.
Misco Insurance Agency has served the area at the same location for 50 years. I.D. Shedd purchased the business 1952, with his son, Wayne, joining him in 1966. The father/son partnership lasted until Mr. Shedd retired in the early 1970's.
Wayne and his wife, Linda, have worked together in the business and are proud to have their son, David, join them.
I.D. Shedd had a dry cleaning business in Manila and after a bout with tuberculosis was told by doctors that he would have to get out of that business for his health. Max Issac had started a new insurance agency in Manila and Mr. Shedd purchased the agency but also kept the dry cleaning business.
Wayne worked at both businesses during his high school and college years. He graduated from Manila High School in 1956 and Arkansas State University in 1960. After graduating from ASU, he went to work for General Adjustment Bureau as an insurance adjuster.
Wayne and his family lived in Searcy, Hot Springs, Manila, El Dorado, and Paragould before settling in Manila when he went into partnership with his dad.
Wayne and Linda raised their family in Manila. They also have two daughters, Connie and Angie, and nine grandchildren.
David graduated from Manila High School in 1982 and from Arkansas State University in 1987. He has a degree in graphic design. He and his family have lived in Jonesboro, Mountain Home (where he was senior graphic designer for a marketing/advertising agency), Paragould (where he was graphic manager for Red Book Florist Services and graphic manager for Teleflora in Leachville) and back to Manila, working for American Greeting Corp. in Osceola.
He and his dad started thinking about a partnership in Misco Insurance about a year ago and started making plans. David joined the agency on Sept. 1. He is licensed in property and casualty and is working on his license to write health and life policies.
David's wife, Trena, teaches business at Manila Junior High School. They have three children, Michael, Mikayla and McKenzie.
Misco is an Independent Agency and can offer services from several different companies.
Misco writes commercial and residential insurance. It specializes in fire, auto, casualty, liability, life and homeowners.
The business was built on integrity and service.
"We would not have lasted 50 years without honesty," Wayne said. "Service is very important. We can handle claims up to $2,500 out of our office for one of our major companies."
"My Dad was a smart man and was self-taught. Like so many people of his generation, he did not have the chance to complete high school or go on to college, but he encouraged his children to attend college," Wayne said. "I always remember my dad saying, they can't take away your education."
Manila history has repeated itself as Wayne and David form their partnership and the Shedd family tradition continues.