The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1849-03-02

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To ILLUSTRATE A man aged 35 Of
sound health and constitution; free from
be reditary or family disease, and Of
temperate habits, can insure his life, for
the sum Of One Thousand dollars, by
paying six dollars and elghty-ssyon and
a half cents quarterly, or twenty seven
Dollars and fifty ceuts annually for the
hole lie. AT his death his family
viii teceive the sun Of One Thousand
Dollars, ant the accumulated dividends,
earned by the premiums, in good com,
pan'es, generally fifty per cent, Each
insurer for the whole is a stock holder,
ard participates in the profits. Lives
may be insured for n year or a term
of years.
When one insures his life for the
whole We, he pays as the premium or
priceRf insurance, the same sum every
year; Q matter how long he ,&yes. A
man 35 would in his Me 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, If he insure year after year, the
premiumis increased every year, and
at the age of go he would pay forty one
dollars and so cents. &S
The Advantages asiIfe insuraj &c are
now TOO well understood to need a long
exposition. In all COUNTRIES the PHI,
dent and faLsighted, whose Aea6sS re
rf6ited, 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 err.
tain thongh moderate competence; hus-
bands and fathers may toll happily dur.
ingthe 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 receive
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,
lorfeits 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-
stitution, or liable to any family or her
editary diseas, or Incorporate in his hab-
its. If one, whose life is insured be-
come Incorporate, TO the injury of his
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 10 her, or to her children if she
die before her husband. This lisa sacred
fund not subject by an express provision
of the charter, to any debts or liabili-
ties. The profits of the company can
be loaned only upon unincumbered, inn
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
IS years for 1000; it would require
more than thirty years at compound in
terest for ten dollars to reach this sum
Faithful agents, who can assure the
5oard Of trustees o their responsibility
are wanted in every town in the state.
Applications postage paid, to be made to
the President.
Upon postpaid Applications, the forms
necessary for applicants lor Insurance
will b. furnished.
BOARD OF TRUSTEE S.
j NJ DuHield, r Hunt.
Charles Scot, D w Adams.
" ? Anderson, R N Hobson,
IC VI Price, w Yerger,
H HlIzhem, Fl Heating,
J G Carpenter, T Fletcher.
J N DUFFlELD, Pres't.