Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1849-03-29
National Life Insurance Cor,Dnny
UNITED STATES.
'HHT7eTea 5B INC LegislltHre y F1moat, 0ita uni


UNITED STATES.
Chartered By Tho Legiiare p,moat, ih unlimited d,a-
tan, Noe. 10, 1913.
AT the late session Of the Legislature Of this State nm in
s o Y Sg H 1o T nan" no Tss Chartered with
~, -, iilCN VI pVbIAhS, inc OBJECT OF which
- to insure persons in sound health weekly allowance,
should they by sickness accidental bodily injury he ds
bled from attending to their ordinary business and further
W Peg we wlGo" nnd orphan from extreme poverty 10
case OF death OF the husband or purent whose life may
insured. "
Aer tho first 100000 of the capital stock has been sub
scrbcd paid in, aud Invested according law this Compnny
WIN be ready to issue policies of insurance upon either lives
health in exceeding to $4,000 upon any
life or weekly allowance o 81 10 S. if disabled (uner
neah Foci by sickness, At any time during period
GUeyoars, for one small yearly payment Of premium.
The d5ssnof the institution Of ben violence vet IL
but s like other institutions OF mutual depenIlnce
Y and protection, which, q! the present day, are widely
ot elt tue dement's resulting from Marine and Fire nsur.
ance Companies, and from tho Associations old Fellows
ness aud all the con urren mud complicated evils of Bank
iupey poverty and distress, into which the most afuent
may IN one hour oxpecedy be thrown the rayages of
the dcvouting elements they have the humble ahoor
whose all OF property consisted of lis household furniture
whin IT. secure from the pecunnry disasters which he is
daily libe from fro; have uic tho rich and the
poor gaze with mingled emotion. Of pain and pleasure
the wrecked ship rghtfu ale, or over the smoking
ruins and smoudeng cnbet OF the castle which shei
tered them from the storms of winter and the of
mcr panied at the misfortune, but sodced by the reflection
TINT they were insured and not IN ode bankrupt.
The principles of Life and Health Insurance commend them.
selves with equal fcc and equally benefc results TO be
community at large, with those of Fire Marine risks aud
ore osIoclay 70 persons ana families with limited means
OF support whose daily bread from their labor they
unfortunately should in consequence of sickness he unable
Labor or attend 10 their usual avocaons this institution y
the payment OF small annual premium nsufos to them the
payment Of 81, o. or week, much per week during
such disability IA they would earn durirr tho same ne,;o1
were they in sound houh; and, in OF doa frequently
arger sum of oI the support of their widowed and
orphan children they could Otherwise tic
whole life, may be made to their families pot
icy OF Life Insurance, under small yearly payment S. 10
$50 premium To young men, whose only pocunary nhcri-
lance the labor Of their head and hands, the advantages
this institution aud the benefits conferred of which they may
be the recipients The days when misfortune rom
sickness or bodily inrm from accident, shU upon
them are of great importance, nasmuch tho institution
enables 'hen to meet und pass through these vcsude of
NE win little or no inidry loss 1t is Old adagc in
peace prepare for y Why then in health prpare for
sickness; or, In life, for death! Every is liable
ovenaken at any moment, when least expected by DEATH
disease OF accident no ag', place, or emp oymen, pro-
tect inc Individual Because person has been sick is
no assurance that he will beecause has ne
e ded Is no reason that he never will die born
SICKNESS accidents aud death part OF inheritance
there Is no escape and those who fortunate have
no sickness can well afford to pay something make the
yoke as easy and the bnithen light possible others
who aic less fortunate than themselves.
This Company will insure persons of both against any
10 which they are liable thus aotdng all classes
young adlo" ms well as sentlemen opportunity provide
Is considered the more will 1T commend itself the favorable
III a n6 G m all IN eds a cir
lives and heath upon their buildings ships, property
Q agents and Loe Trustees w be Gppoiqci throu ghout
The Unufd States but only nhre small interest is taken
the Stock
This company is to be permanently located in Mont
peer, W. All its affairs aud business viii under the
control dlfecon aud management of the most able faithful
Intelligent, and wealthy Of tho State. The charter
e and safe Otherwise o. my ever granted in the country
The plan OF operations has been made combine aud unite
under the Life Insurance Department. four clsses of
Members in the OF table and three ohc distinct
es OF Members are combined under the Health table. The
advantages tn be derived from Life Insurance compa
ny over ohes Wheh nave been established Tor many years,
(under entire system of business such
doped by this comany neither few unimpordni at
lofGg 10 tne poor ana mduns classes double The security
and great advantages Savings Banks all the funds
by the charter required to be invested sound State and
Government stocks when the yearly interest of seven
per upon small large investment of SOO $1,000
in the Reserved Guarantee stock applied may be
the yearly payment of premiums 1000 5000 of In
surnce, the advantages over deposc investments made
in Savings Banks are incnculhe in the OF sickness
der health policy and no less in life insurance the wild
and orphans OF the deceased when the interest
oopped, as the payment to which they will then be entitled
will often amount to ten times the original invested in
the stock and unifequeny double original sum
insured Another peculiar feature the plan of business of
this company is ta tn" yearly interest of per up
investments made ia their Reserved Guarantee Stock will
he guaranteed in any event. over and above all usual losses
under the cash premiums and depose of all the insured
members by annual M required thus
joint responsibility fom year yenf Of thousands of CON
any accumua,ing members with protection aud security
State On Government, stocks in the country.
The risks Of this company will be selected from young and
losses for the first years will be reduced proportion to
the reduced rates of Insurance charged the 2nd 3D. and
18th classes which have been graduated uniform scale
In such as to regulate the east OF insurance each year
the actual losses and occurring within each present
ycnr, and IN such that the insured members of
present year subjected btan cash payments
in advance such may he required the losses of
members ct each present. year have no interest in.
The premiums established by this company under the 81
and 18th classes OF members, designed early
or accidental losses occurring within year, young
and new menlbes, under limited contracts made for to Is
years than others from diseases and old
occurring under old contracts made Tor the whole OF life
The use olhe CARLISLE and Northampton, tEngsh) Tables
which generally adopted by Foreign Companies an
Imposition upon the poor and mddhns classes having
which they based and founded. The objects Of all usu
ance either in Life, health property indemnify per-
insured for any actual loss injury occurring within
tle
Rod OF ones natural life Il is admitted that every man,
man and child that is born into the world will die within
average period of me So it is Marine Fire Insurance
upon property Every Ship and every House, Building
ston that Is constructed later will be destroyed
lost and generally they lost destroyed by the elements
OF Sea or Fire In eiecng insurance open property ships
the objects are the same as in insung Life Wis 10 secure
Indemnity for the actual losses occurring during
some particular voyage period Of time within each parcu
lar and not indemnity for possible to occur within
the whole period OF une's natural life. With equal absurdity
marine or hre Insurance company might adopt exhobiun
Tables OF Tariff of cash premiums yabe in advance such
as might be required all thor losses and expenses for
the next half century Lo Company such yearly cash
payments IN edvance necessary meet the prob
abe TO occur twenty, thirty, tiny wears hence to future
members which the present generation OF the insured
Oes 81 the present year have nothing to do with
further evidence of incons islency of tho English sys
TEN, not 1 the imposition placced upon the public by its
use when mat system OF ehobanl cash payment in advance
Is applied to well conducted offices where udeous selec-
ton OF risks is made for limited periods from young persons
essned to guard against premature or accidental losses
more Than others occurring from disease and old agel will be
found IN the result Of the business of the Equitable Life In
snance company OF London which company in the of
me English Tables under which such eXtoonary cash pre-
required PAID yearly uuvhnce,
unted IN siNtseyen fund OF 81 900 1000 Sterng
S55OOOO0O and above their losses aud expenses
portion OF which aud essdry accumulation Of
pTohs Is Invested In the cent public debt of Brit
aln which undo the revolutionary spirit peyading all
Europe is liable to be nnnlated ut any moment while the
funds of American companies securely invested our own
state aud Government stocks and protected by
Ihe Subscription books at the Baak of Mont
peeOr admission of members The shares haze ben esiab.
ished al The loo ualae Of TEN DOLLARS taoh for ne en-
press purpose enabling the poor, pe as The rich, be-
come stockholders yell rs members,
~ Gentlemen in any part of the State Union wishing
to
New Company viii be furnished with instructions and blanks
of every kind, compliance with the and conditions
Of appointment which fully explained the aqenc
circular copies OF which together with full instructions and
the act Of Incorporation viii be forwarded to those
request 1t per mail on application to
ID. BALCU
OnsI he heorPordtors named in the charter aud sseal
Commissioner constituted under the BY Lars for eomvIe
ting The organization T'
Montpelier, vi March H. 649
The Trustees, Officers Agents will be selected fom ta
best men in the Union irresponsible man will
be connected with this company any way either as Agents
Officers, or Trustees "s'''
or the Board If Fly Trustees, half pH be resident Of
Psrmom anf the Others uH reside Boston, elc Yoyk AMI
Philadelphia, aud other cities Of the southern and .,,rn
States. IpeiUs Of The Board residing IN Montpelier ,o con-
suiu'e quorum for the transaction Of all business
The following gentlemen named in the charter under the
Bylaws, have been constituted the First Board of Visit
h..