The Portland daily press., 1865-09-22
.sPEcrzL NOTICES.
fhpm tie o. s. Insurance Gdsetts.l
New York Life Insurance Comply.
Annual Report for January l, 1856.

Our renders hnve ling sfncs become ncqnalnlon
with the New York Life Insurance Company, anu
Deen made somewhat familiar with the character OF
enc men who conduct its affairs. Ii insurance jour-
nasm did no more for the profession than eMs' IT'S
services surely worth oil that they cost. For we
noid after allthst hAsbeen said and written on the
subject, that 1t Is the men who make the Company,
ana this making may either prove successful or dis
astrous according to the fhshioning Of the workmen
his Is Peculiarly Sh regard To Lie Insurance IN
sutuuons. A knowledge OF the men, therefore, gives
US an insight into the workings, conduct, and man
asensnt q the Company. A large capital, with
handsome surplus, maydo something FOR a Fire IN
snfanee SopPany te help IT along, but life Office
must ever depend upon the men and the method they
adopt to secure to its pocyhoders protection against
disaster and ruin in the future. Hence the perpetu-
al vigilance and supervision exercised by State ofc.-
ais over our Life Insurance Compan VS. operations
Inthis connection we are pleased to s that the Of
fcers OF the New York Life are well tried and expe-
rienced anil Il any,of the policyhold-
ers are unacluaintsdwith them, they have only of
ieonsult the file Of this to satisfy their curios
ty. 80 t1SAt 'eAttAd ,chd4d M IN
1854 - -. -. "a : 800 s2,sss,ss7 s2
.cnuities, ana interest received AMI -iiii 81
accrued, ineluiing premiums on
geld, etes etc, durlng the year 1854, i72o s11 n
B ss .s.issl Total n 5lgss2 "a sssssss9 8
Disbursements during the year 1854, in ~ot
7 ending paid losses by death, raid
q, ON deposit for minors, for redemp- etg-9
". ton Of dividends, annuities, and
surrendered AMI Cancelled policies, ri ,fr-
4 kssa ases, BOT, &c. 7 49, 72i,5os "a
Gross assets for the year, s3,e5s5 1855 S.
Last year the assets on January 1854 265s5s7 SO
u
the year, Of s1,OO5,srT Is
During the year ending December 81 1864 the Com
pany issued 49e6 new policies nsuring the aggregate
amount of S1s,f47 $685. This is just as many policies
'aswould have taken a Company thee On fou- years
to have accomplished a few years ago. Such is the
progress that Life Insurance making at the present
day. 1.-THE fact is, excepting Government CO. tracts
for furnishing Army and Navy supplies, we know of
no business that hos fourishedso prospo onsly dur
ing the past four years Of war the Life Insurance
The New York Life Insurance Company, we are
pleased to see has got fair shareof the spoils. q.
The Trustees have declared scrip dividend Of flfty
per cent. upon all participating life policies. They
have directed the paymentof the fifth and final in
stalment of twenty per cent. dividends of 1850 to
1852 inclusive and and the redemption in full ofthose
declared In 1861 and 1862 {, = g.
Policies subject to notes wiz be credited with the
dividends on the settlement Of next premium. ~
We trust the future win prove as successful the
past. s.i
The officers are Morris Franklin, President; Isaac
G. Kendall, vics-President; William H. Beers, Ac-
tuary; Theo. M. Banta, Cashier. hnB
= JOHN E. DOW 4, SON. Agents, Z h /
20 Exchange Street.
p Aug. 3st-sneodtan galas