The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1849-09-22

81 / IS ] es 3 90
To ILLUsTRATE.- A man aged 35 Of
sound health and constitution free from
hereditary or family disease, and Of
temperate habits, can insure his life, for
the sum Of One Thousand dollars, BY
paying six dollars and eighty.seycn and
a half cents quarterly, or twenty seven
Dollars and fifty cents annually for the
whole life. AT his death his family
will receive the sum OF One Thousanl
Dollars, and the accumulated dividends,
earned by the premiums, in good et4n.
panies, generally fifty per cent. Each
insurer for the whole is . stock ,.dIder,
al d participates In the profits. Lives
may be insured for one year or a term
Of years.
When one insures his life for the
whole life, no pays as the premium or
price Of insurance, the same sum every
year; no matter how long he lives. A
man 35 would insure his life for the
whole life for one thousand dollars, at
twenty.seven dollars and fifty cents,
payable each year, and he would pay
no more than that sum al so years Of
age. IL he insure year after year, the
premium is increased every year, and
at the age Of so he would pay forty one
dollars and 50cents.
The advantages Of life insurance are
now too we'll understood to need a long
exposition In all countries the pru.
dent and far sighted, whose means are
limited, and who have dependent fami-
lies effect insurance for their benefit; as.
sured that when they die, the widowed
and fatherless will not want, but will re-
ceive from the insurance offices, a Ger.
tain though moderate competence; hus-
bands and fathers may toll happily dur
ing the day, and sleep ~untroubled BY dis.
tressing dreams at night. An indepen.
dence for the family is secured, let the
insured die when he may, in debt or out
Of debt. ls,3
The company is now ready 10 receive
applications; and when applications 10
a sufficient amount to ensure a safe
commencement shall have been accepted
BY the trustees, the policies will be is
sued. Parties making application must
hold themselves thereafter in readiness
o pay the first premium, al all times.
A failure TO pay the premium when due,
f~oECsits the policy No insurance will
be granted for more than 5000 dollars
on a life at present. No person need
apply who is unsound in health and con-
%stitntiOn, or liable TO any family or her
editary diseas, or Incorporate 10 his hab-
its. IGone, whose life is insured be-.
come Incorporate, to the injury Of his
health thereafter, the policy on his life
will beforfeited. A life may be insured.
in the name Of trustees, or BY a wife 10.
enure TO her, or to her children il she
die before her husband. This isa sacred
fund not subject by an express provision
OF the charter, tolany debts or liRhlH4
ties. The profits Of the company can
be loaned only upon unin~cumbered, inn
proved real estate, worth at All sworn
cash valuation, twice the amount loaned
The investment is, as an investment
mersly,a good one. Ten dollars will
insure fora year the life Of a man aged.
25 years for 1905 it would require
more than thirty years at compound in
terest for ten dollars to reach this sum.
Faithful agents, who can assure the
board Of trustees of their responsibility,
are wanted in every town il the state.
Applications postage paid TO be made to
the President. 81
Upon postpaid applications, the forms
necessary for applicants for insurance
will be- furnished.
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