The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1849-06-09


sound health and constitutions 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-ssven and
IA 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 Thousan
Dollars, and the accumulated dividend
earned by the premiums, in good cLm.
panies, generally fifty per cent faci,
insurer for the whole is a stock colder,
al participates in the profits. Live.
may be insured for one year or 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, at
twenty seven dollars and fifty cents,
payable each year, and he would pay
no more than that sum at 60 years OF
age. lf he insure year after year, the
premium is increased every year. and
a, the age of 60 he would pay forty one
dollars and so cents.
The advantages Of life insurance are
now too well understood to need long
exposition. la all countries the pr.
dent and far sighted, whose means arc
limited, and who have dependent ianii-
lies effect insurance for their benefit; as
sured that when they die, the widowed
and ratherless will not want. but will re-
ceive from the insurance offices, GER
tain though moderate competence; hus-
bands and fathers may toll happily dur
ing the day, ans sleep untroubled by dis
tressng 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 receive
applications; and when applications TO
a sufficient amount TO ensure a safe.
commencement shall have been accepted
bv 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 10 pay the premium when due,
lorlei,s 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-
stiiuiion, or liable TO any family or her
editarv diseas, or Incorporate in his hab-
its. lf one, whose life is insured be-
come in Incorporate, 10 the injury of his
health thereafter, the policy on his lille
will be forfeited. A life may be insured
IN the name of trustees, or by wife TO
enure TO her, or TO her children If she
die before her husband. This is sacred
fund not subject by an express provision
of the charter, 10 any debts or liablli
ties. The profits Of the company can
be loaned only upon unincumbered, i'm
proved real estate, worth at sworn
cash valuation, twice tho 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
e5 years for 1000; ii would require
more than thirty years at compound IN
ierest for ten dollars to reach this sum-
Faithful agents, who can assure the
board OF trustees oftheir responsibility,
are wanted ia every town in the state.
Applications postage paid, io'be made to
the President.
Upon postpaid applications, the forms
necessary for applicants for Insurance.
will be furnished.
BOARD OF TRUSTEES.
I n Duffield, T s Hunt,
Charles Scott. ID w Adams,