Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1857-02-24
INSURANCE.
MUTUAL SYSTEM
NEW YORK iIEE lNsIRNNeE ECOupANX.
CAPT. CAI 81. 80 .OOS 50.
DAVID II rANNE, Agent
kp s PAYNE, NJ u, Medical Adviser


pu SAW. X Con. wm A. Rtan.
guNnls compan, commenced operations le years ago
WIN a. as@Sreaie'a Capita, Of sso"p h'oh has seenmn,
STATE Stocks aud in bonds aud Mortgages believed be
We know no mode Of Investing money moro proataby
The profits mutual for the Insured aud have
le.s than tltty per cont annually On the premium paid
WHO MAY INSURE
Tur MN NoRK LIN INsuRASct CoMrANl Is authorized
10 oie Insurance On lives aud make all aud every insn-
rance npp"ltainugta Lite
rosns may hehsuiod for life by paying the premiums
quarterly semi annually annually OF the whole amount IN
may be insured for single ,ear any given
B. Persona may eest Insurance. On their own lives or tho
lives Of othe when they have nsuahe interest therein
man may ehret hpur meo on his own life In the name
of his wife fer her bona. aud payable to her and In OF
her death the death her husband payable to her
children ion tho" and to their guardian undo age
woman may enoet Insurance Tor the bono6 OF her hu'
band he have reennary inerost dependent ON herIe or
for the tcneht of her children
q. Naval aud military In tme OF peace, may enocun
aud bo allowed to abroad without forfeiture OF
Persons nsured privilege Of visiting residing
In ratt OF the United States east of the Rocky Nonnten'
and first Of Novomhe when they may not ree south of tho
southern hourdao oi the States ot Virginia or kenneky,
ma, he effected the nveaof persons rosdns
OF the boundaries here named embracing any rert II tho
globe, at equitable tntes oi pron'nm
POLICIES PURCHASED ny ONE PAYMENT
tahle has been mae with viow to the purchase Of poll
cs, by the mcn o the whole premium In on" sum- there
by enabling Pe'ns 10 invest such amounts as thry eara'o
time without the liability 10 forfeit their policies
d,idua VII nj the present time at the age of thirty can
spare $50 10 secure permanent Investment tr Ina family
poiy Sl72 OF the boneht which sub
ycnr and Whenever H.. cr,nstnnccs wi, admit he can dis.
pose s surplus earnings Hocurc aud wohtaby than
In other IA which an Investment ean he made lho
reports Life Companies sow that large nnmhcr of Poll
constantly being forfeited in consequence Of an nncx
peccd ehnnsc IN humca affairs whereby the parties tire nn
atlc the Of their premiums when due hut
in the puras ct policy such contingency Ia avoided for
when once the payments arc made no emoar"HSnenis r"n
rhore another dsanlarc sucl Investments;
system OF prudence aud economy lher" ~" ie" who
cannot il posed lay aside small sum from thoi, yoarly
earnings, sufficient ia enalr them /" purchase policy and
thereby make provision Tor the future wants al tao
who wl ~" hands hat now labor for them nro pnraaa in
death be thrown upon their rosonroos to keep their
little aud save them from hunger poverty aud
want -.
There yet another consideration which should commend
this system the favorable attention OF eNey prudent and
rejecting man This year Tor instance he nmY nave 'oh
purchase small policy hut the next in consequence Of
sickness falling oil IN trade work, his means may bo
nearly limited TO tue Mhh'a &" hls iay ea'hB "hh WY
small he otherwise Disposed o aud not sufean to
insurance upon his lie ir mcd pcrloh until change
OF circpmst enables him to spor" sum sufficient I" nr
chase another policy. and thus from to hing
bcdne towards supplying tho future wants OF those now
Policies WITHOUT PROFITS
Creditors darous Of citing policies the lives their
debtors oih, parties obtain them nt reduced rnte of
premium without participation IN ihe piohls OF the COMPANY
tii,,,5 in n .o, take into rnnsIr,nuon ii. ,livi
dens which may he declared upon the prennmsi their only
object beng To Indemnity themselves against any os which
An premiums tor Policies Without irs aro payable IN cash
POLICIES PAYABLE UPON ARRIVING AT SrECI
FLED AGE
Objection made the principles upon which
Insurance astd that a advantages not rrhliHndb by
party paying prcInum but could such bo that
the oi enall annual premium,
they would into posseun of the amount insured upon
reaching specified period u fe when perhaps tholf
might relaxed siekncss aud dinHo deprive
thrahy labor they would be glad to embrace the
priv such system and thereby fund upon
which they might rely inthc day of their extremity
To such tables have been prepared for
single annual payments which the Trustees command to
OF hoss " ho uay entertain yieNs as above
expressed
ANNtuTIES
II often happens Ht persons IN possession Of few thou
sand doaIa syeRug OF Investment whereby
hcy greater tan could he realized from
the ordinary placing the IN socks, bonds
aud m4rtFaR- whereby the inhtmcs Of might he allie
waited Tie the annuitant greatly nefo aaed
prrs annuity in asuuni and well mauged oompn
ny much larger lueav may l., secu ed Than in any other
sale iuNeaHrH Ihuy. n laynt wishes 10 make ltoNso
ar the future daughter WIN by reason OF
mental miirty bodily adC ion, haY be unablo to
support Themselves attend the management Of their bu
mother relative placed
remainder uf their days or pastor
provided whereby the OF this world
would be cssnod his tune au talents devoted 10 his holy
eaUmpthote way which thcso can he more anrey ac
conIlizhed than liy the purchn7e oi life annuity
feb II dAats