The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-05-12

KY NEW YORK LIFE INSURANCE. ComPAsY-MU.
TUAL SYsTEm.-At meeting Of the Loca Board of
Directors for thu New YORK Lfs Insurance Comps
ny, at the Capitol tin the city Ct Richmond We'd.
nesdsy, March llth, 1857, the following was unan-
mously adopted:
The undersigned President and Directors of the
Company have examined this report and exhibits of
| the New York Life Insurance Company, for the year
ending the first of January, 1857, and being sati.fed
with its prosperous condition, cordially recommend
it to the encouragement and support Of the comnu,
nifty.
Its capital has attained the sum of 81 200 900
invested IN State Stocks ard Bonds and Nj ortgage,
on Real Estate. We think it most profitable and
safe mode OF Investing money. The profits inure to
tn benefit OF the injured and have averaged not less
t AN thirty per cant. per annum on the premiums
p,d Besides these investments in stocks, &C., the
Ivy of New York requires, additional security,
t1st G0 0OO sha,l be deposited with the State Comp
troller, to meet any lawful demands which the Com
Pany may fail to pay.
We invite attention to the nature, objects and I'D
ages OF Life Insurance forth by this Inst-
tuition.
GEO. WYTHE MUNFORD, Ese., President,
(secrstaIy of the Commonwealth of Virginia)
DIRECTORS.
GEO W. CLUTTER, ESQ,
(Auditor Public Accoun.s)
THOMAS II. ELLIS, ESQ,
president James River and Kanawhs Com'y)
THOs. P. AUGUST, ESQ.
(Attorney at Lsw)
VIM G. PAINE, Esa.,
(Kent, Paine Co, Merchantsl
JOHN BAGBY, ESQ,
Farmer, King Queen county, Vs.)
REV. CHAS. II READ,
tPss.or United Presbyterian Church,
REV. JAS. B. TAYLOR,
Corresponding sec'y southern Bap Convention)
NoC.MPAsY in the United States affords more ad.
vantanges to the insured than the obore. DIVIDE
declared annually, which have averaged sbott3
40 per csat on the whole amount of pre- mi um-no
SOUND COMPANY has ever declared larger Dividends
than the NEW YORK LIFE INSURANCE COMPANY
The Dividends are paid in Scrip, bearing per cent
interest ts soon as declared.
When the premium am ounts to $50 and upwards
A. FER cent will be loaned the injured at per cant
interest, which il never paid b. the insured the
Dividends have heretofore been efficiently large TO
psy off the 40 per cent. notes.
The person insured, is entitled to ger cent inte-
rest on the Dividends, which goes 10 pay the nte-
rest on the notes. Thus it will be SEEN that this
Company Is far preferable to any other, ss regards
the NOTE and DIVIDEND system.
WHAT II SHOULD DIE To.KIGHT!
A-ct coSH oho oeA uliilsoit question. euppOse
were called to render up my OBSERVATION-DISCLOSURES
this for tho world ofspirits tonight what provision
have made to secure the comforts of life to tbo.,
who are dependent Inc for their daily sustenapc.1
Would thoss who are dear to me be safe from the
pangs OF want Would this dear wife and tbess
aged parents be independent of the cold charlie. of
TINS world! Would thes, dear children. committed
70 my care, have comfortable home, end the mean,
OF education? Would there be ID Sacrifice, ~ n,o.
perty BY forced sales to tho demands Of cred,
tors or the wants of those leave behind met
In view OF all thess facts, uzht we not wbile In
heath surrounded with the comforts of life and the
means within our power to provide for our families
policy In the New York Life Insurance Company
for some or 90 COO, which costs only a small
amount annually which viii protect rs " lille we
i've and our families In the event Of DEATH which
must overtsks rs ALL sooRar OF later?
For Information on the subject of Life Insurance
we would advise you to cali en- MIR C.. WoRTHAm
Local Agent, 2os Main street, or CHAs. T.. woa.
TEAM, General Agent and Attorney TO Virginia. q,
for reference apply to either msmber Of the Loc.1
BoAsD, all OF whom ars INSURED for large smount.
+: 4 TS ss:s.; Examiner.