The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1849-07-07

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To lLLUsTRATE.-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-sRven 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 THOUSAND
Dollars, and the accumulated dividend ,
earned by the premiums, in good cen.
panies, generally fifty per cent. zach
insurer for the whole Is a stock Dolder,
ard participates in the profits. Lives
may be insured for one year or q term
Of years.
When one insures his life for the
whole life, he 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; al
twenty.seven dollars and fifty cents;
payable each year, and he would pay
no more than that sum al go years OF
age, If he insure year after year, the
premium is increased every year, and
at the age of go he would pay forty one
dollars and so cents.
The advantages Of life insurance are
now too we'll Understood to need a long
exposition. In ali 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.
The company is now ready to receiv
applications; and when applications to
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, at all times.
A failure to pay the premium when due,
~forfeits the policy. No insurance will
be granted for more than 5000 dollars
on a life at present. No person need
r apply who is unsound in health and con.
stitution. or liable to any family or her
editarv diseas, or intemperate in his hah.
!, its. If one, whose life is insured he.
come Incorporate, to the injury of HE
health thereafter, the policy on his life
} will be forfeited. A life may be insured
in the name Of trustees, or by a wife to
enure to her, or to her child rem if she
die before her husband. This is sacrc~
t fund not subject by an express provis'e
t of the charter, to any debts or liabilt
. ties. The profits of the company can
be loaned only upon unincumbered, i'm.
d proved real estate, worth at a sworn
cash valuation, twice the amount loaned,
!, The investment is, as an investment
. merely, a good one. Ten dollars will
insure for a year the life Of a man aged
rs years for 1000; it would require
more than thirty years at compound in
terest for ten dollars to reach this sum
Faithful agents, who a assure the
e board Of trustees oftheir responsibility
are wanted in every town in the state
Applications postage paid, to be made t.
the President.
Upon postpaid applications, the forms
necessary for applicants for insurance
d will be furnished.
BOARD OF TRUSTEES.
N DufieId, F S Hunt,
Charles Scott, D w AdamsS
w P Anderson, R. M Hobson,
. C NJ Price, W Yerger,
H Hilzheim, H Heating,
] G Carpenter, T Fletcher.
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