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

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TO ILLUSTRATE A man aged 35 Of
sound health and constitution; free from
lie reditary or family disease, and Of
temperate habits, can insure his life, for
he sum Of One Thousand dollars, by
paying six dollars and eighty-sGven 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 dividends,
earned by the premiums, in good com
panies, generally fifty per cent. Each
insurer for the whole IS a stock holder,
ar 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, he pays as tue 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 so 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 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, tho 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 GU
ofdebt.
The company is now ready to receive
applications; and when applications tt
a sufficient amount to ensure a safe
commencement shall have been accepted
by the trustees, the policies will be is
sued. Parties making application mus
hold themselves thereafter in readiness.
o pay the first premium, at all times
A failure to pay the premium when due
G~orfeits 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, 10 the injury Of hi.
health thereafter, the policy On his life
will be forfeited. A life may be insured
in the name Of trustees, or by a wife tc
enure to her, or to her children If she
die before her husband. This is a 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 i'm.
proved real estate, worth at a sworp
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 reonire
more than thirty years at compound IN
terest for ten dollars to reach this sum
Faithful agents, who can assure the
board Of trustees oftheir responsibility,
are wanted in every town ia the state.
Applications postage paid, to be made tc
the President.
Upon postpaid applications, the form:
necessary for applicants for insurance
will be furnished.
BOARD OF TRUSTEES. .
v Dufield, F s Hunt,
Charles Scott, D w Adams,
" ? Anderson, r NJ Hobson,
lC NJ Price, w Yerger,
II Hilzheim, H Heating,
J G Carpenter, 4 Fletcher.
NJ DUFFTELD, Pres't.
W P ANDERSON, Sec'y.
! Dec. 8, 1848. 13-ly