The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-11-13
psr last return Of that item.
2os.9s5 Is
sso7,G'3 81
%
6s7,63i 81

Net assets. FAT en- AZ
Balance against the society ........ 81 075 Goa as
Tbe sum of 81 6sa ass be !, nnd.,s.oo. -
minimum which the so,oty ought IN Ssva 10 u,s
hand on the LIST OF No,rmber 1873 a. ,h aAa -
mutation from Dremiuns, rcco,ved hevonS wy accu-
nu,iies div,dends ma ns W. oeyouo ,sssses ~
nrohahle nramimr,u Ss.s p'u oul Ine Iuturs
nroner allowance Snr rntnrc o-ransos t $3.50 WIN
viii be Insufficient 70 meet N, the navmar, as
nm tho vorons contrac ~, ~. py crs n esa auo Af
its interest nj mar cent mar arm, -, sus
An insurance. COMPANY which i.s W. hn, s eAMasteo
either ~ sing or coma, wnoio ino louesss
wings hank which takes ,rona 4; ,. 70 IN iacs -
rose and IN he drawn nnt nj car,an . w oeit@n pun
detail INT caIcnlahla ne IN tho o,,nra. on oonunsont
totha; trnst If Il doas not rosar ~ nos iatntS
nriation as nrots AZ least the nat rara 20 VI upIO
calculated At the minimum Of interest," ON vs. s
Ts IT, - 1870. a,.ra ,a,, ~ ,;s W NO nvestmonu
~ ,hor NV and onarnaa Nv axU 'e demonstrated
r ;o,s,a aA i and scan uma, nna no COMPANY
- ~ a". ,a.rso cS spto.aassi ,: up.cy, unless
W uy soo sa ,. .S saos and trickory
ny m ,,; S c tI I Va. ~. anaur oonslderauou,
wnich mas pt mlioh ol uors 700 much .eak through
10 1917 %. e, ,. .s I'M. ~ ! 49,. ht. W. tsnus, OF b
TSs @ 10 sS ~ t ;, t,; i, bt a. amouns
aco aas ~ 'h @ ,ha,r ,s - ,ns,ia an pVoes ~
0 0 q, u =. i' oo. n.y.. - s a.Au oersaan'
a :; a! so , D rs III, vo ."".s . WY sovcs
anu II Io hud W >, no er.; o oS aua ssess-
~. = ioa ~. , a w -, a aslnS Nc ~
gregae net value OF ABOUT eleven hundred Thousand de-
sis sey wuu , w ps0eu oy ua soou LUCK 10
suor a Wsdo ornmah - rorao very ~, s
a. NJ =, ~; i;; s ~ nuoi VIZ posso'e y
Uonieu ~ is pvhocs % III ios' ne Insurance. conIaces-
lnes aie asuay pe.s iss " .ne Punc.ualy .! tue
periooGai plemiums III "ncn tne parry insured stakes
inc Vaiue Oh ms Pohcy, wnateVer IL may become, ~
hls paying each instament promptly ana the company,
on us part stakes nothing II tue policy holders become
doubtful of the ultimate solvency OF the company,
tney VIII De suonRy Iacnheo 70 iorieu uesr
stakes anu through inns INGENIOUS species OF gambling
ne ia.e company nas apsV,u.ciy enrich itsen Ny
ny oahess ~ ne o.uu we moau W la' from saying
iu an S ase .e ~ non ., we
uonal Le assurance spc.s el.er M tn's country or
Eneu rase any sum nlen', a Ans naher IN whISn
@a -. ht Do , H. ns,ors ne ae
in London, is honest enough to face rigid investigation
my law plopapiy uesn isieu =! .ne way ~ wnich
ner executive oncers nave the anlrs.
~ ,h t ,h e I 49, "a, any e,sns " sona
VI She we e no Wltou. .ne nope snafehoiders
wi o i .s lio ue e.e VI .e case, eltneI repair
guy u.euhuhon y. oo Jusuoe W eaon pohcy houer py
equi,aole suIrenueI OF reinsurance. In TINS nope We
Sa a,;a,s5 ~ po.y noels, espeoaiiy .loe"
WIVES p H 20 su rnan pu M vaiuo oy con
sene Wy ao aai anec essuy ~ .uls once tne value
" a., pVy aeuru .o ~ .s. may De lounds
arsJ NV the NON ~ NO. ~ ny en " %
t, ~ =. ns p;i;iu ~ .h ph n 'il l 70 KNOWN
GOOD the dcdciencv Of The fund Those who
soou e VI .ue iu iioee VIM nave heretofore
hsa - p ~ . nnan, i no r. % no. S. ~ 's
rana ~, y, sun spany WIN NV uo u"sny .ocotaoIo
; r1 bd ho,, , III: vote sor &c r ~ pay He
hn can III, The soetvs assets ara n,ade 10 h.o M -
no on ~. =. .h eo.us , e t ,i ne se Ps
PEI iuo ar J ,,h r W ,u poiiv -
IL ~ NV, pr napsi wl.n oui PI we hau inc
MEANS VI uog ~ u sN tol 'ne disappearance OF
.,, ,u ha ~ h h LII @ usasuay oi .nh
nsttuton beyond wnat mas Deen eglmateiy Withdrawn
W U AMY VI -. aDso p " Unnecessary Expenses; re.
H s ~ o O ns az M ~ on n'e IN .hls
e ~ ~ bovo ave VI u'on'e Tue o'n0uS'o" We nave
ru,
,eo- ~ M ~ $780, I T ~ 60 uS' VI N
100, 10 'ne Naonai Loan runu Ae Aseuraace Soae-
49, 81, -, go go ah P praI r :" 100000 ~ 1870
snares oi 1io each Nearly al tne capital seems
~ zee "on .en ioeI q. te sr.i put ony aDVus
t 81 p hb r ueeu ~. pau I'm, ny anoInsr
1ess .h . hs -. ''ie % t ny asecn. cuy
=; iooo ..e nuSe was onangeu 70 ine s.e,natlona
- .h nesa SUI LIZ - I'M; ~. ~ p len u.pos'.oa
III .s oce - 'e ena ei LUIS a0l " gu on. maAeo
aon anu w. IN. p.s' @ pesehs, naoc "
.i ie iaee ATKINS $50, ~ ~ ~ " ~. Sana as ans.
the company, except sucn as may nave Deen incurred
clam Is maze recoveraoe oy sun agans. any one VINO
was PROPRIETOR VI S'o s Nv .is he ,ue poicy
mas lSsueu anu, :. 'oe oeienuon' "1' ooA 70
tnS society 70 DC relnpuise . r 49,, .
What could DC more onhhous oi nign per cenase on
EXPENSE tlan sucn nh array VI prUessDnai taeht, 70
say nothing OF inc financial genus inc1uded III the list,
destined as II was 70 renarkaole development before
expensNeness by actually settling on Thomas LAME Muir
ray his heirs and assigns Tor twenty eight years and for
aperquse over ana salary or compensation he
might receive as or arector I'VE per cent per an
mum of the net profits This was in addition to s. per
share on all the shares OF capital stock subscribed for,
whch was aso seited upon MN IN consideration Of his
services ana tne preliminary expenses attending the
formation OF the society, Cexcept the expenses OF, and
attending the preparation Of this deed of settlement
which must have been something handsome or SO pom
uerous doGnment would not nave deemed them worth
excepung Inc deed moreover provides that during the
pehdency OF Mr. Murray ca!m TO i've per cent OF the
met prons ne could not i alive we Supposed be ex
vote OF the socety-that is, Of the stockholders APP
pointing another director IN ms place How much Mr.
MuIra salary as Sharinan vi tne Court Oh Directors
was does not appear from any document In our posses
SION but at the annual meeting OF the society in May
ie5l ne sad IN reply to the question OF shareholder
that ai'hough by the deed the directors were allowed
- ooo ior the expenses they mad seldom drawn more
~v'voo NJ NJ uu INA. inciuued ms own salary az
, NAN S tiie new airec!ors ~ouiu ony pe allowed tne
USUAL lee Oh one guinea whenever they might be present
at the board and as for travelling expenses the society
specax to a INA
No do1bt hnwever Tho nnn,hor ~ .o w.; 'o sS,.
tbov vnnid he ~, . Wv, - ru, n y. Pvoce WHICH
.s WIN e ure meaus VI ehec"ne would compensate
Ten tunes over lor any increase the expenses which
Their ices would create (hear, hear &c. This was said
the occasion Of electng additional directors ana nm
additional auditor and annears IN havo sott,od th h
t;ors IN the score of the eYnenso IF s @ ..o
oo,cai e,aT m, o%,ao. ~. eue an Increase Oh the
was to exercise local influence and - s ," wms
that the chairman would and always d,d col .,a s",
share of the Sc 600 or 81 900 Nv tho hirteep,h
report of the society we learn that the debt
its formation which the society was a..
then having " eliminated and which we sunnoea ' ,,
Guided what was to be paid to Mr. Murray on liz ss ,a
share arrangement amounted to Ell 900 or SIO1 $40
In addition tn this II NAV be remarkad 49,.