The Mississippi Creole. [volume] (Canton, Miss.) 1841-1851, 1849-06-30

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70 ILLUSTRATE A man aged 35 Of
sound health and constitution; free from
hereditary or family disease, andof
temperate habits, can,insure his life, for
the sum Of One Thousand dollars, by
paying six dollars and elghty-ssven and
a half cents quarterly, or twenty seven
Dollars and fifty cents annually for the
whole life. AT his death his family
win 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 ..olderi
az 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 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 80 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 n
dollars and so cents. y.
The advantages Of life insurance are
now too well ndersto I'd 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 cer-
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, al all times.
A failure TO pay the premium when due,
r~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 OF her
editary diseas, or intempe rate in his hab-
its. If one, whose life is insured be-
come lntenpetate, 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 10
enure to her, or to her children if she
die before her husband. This is a sacre,
fund not subject by an express prOvisi~
Of the charter, to any debts or liabiii
/, ties. The profits Of the company can
be loaned only upon unincumbered, i'm.
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 can assure the
BOARD Of trustees oftheir 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 for insurance
will be furnished.
BOARD OF TRUSTEES
N Dufield, F S Hunt,
Charles Scott, D W Adamsi
+ w P Anderson, R NJ Hobson,
g C M Price, W Yerger,
!, II Hllzheim, H Keating,.
I J G Carpenter, t Fletcher.