The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1866-12-25
BUSINESS NOTICES.
The Equitable Life Assur.n nee Society.

The Equitable Life Assura nee Society.
This society has but to continue its present of
vancecnt to win the foremost position. It's progress
ring the and quarter years OF its existence
parallelcd in the whole history Of Life Insurance When
we consider its ana TIC Of The it insured
in 1856 that of 1906 which larger similar
increase Of any other American Company excepting only
the Mutual Life the marvellous magnitude its growth
becomes apparent This years business that
Of the previous year By the surprising Of nearly
000 It appears almost incredible SO vast an
increase could have taken place within so short a
tne and it shows that the favor and patronage extended
to this company have become almost national in their
character. .t
It's increase in premium and interest receipts is
ceccd only by three companies gan in the
number OF policies issued is ID by only other
companies In respect it is superior all its riyis
It's policies the average, larger in amount than
than those of any other American Company, vitout e
ctaon, which that its belong principally
to the weathier classes in possession those
and convenences that iacreasc likelihood cf the full
hllment of their utmost expectation Of life.
1t is not difficult to express great Life Insurance sums
in figures; their moral and social effect who can est
mate imagine? The amount insured by the So
cety during the year is S26,a47OOO Only four otacr
companies show comparable to this grand annual
total, which, provision for the wdow and orphan
surpasses the labor Of many admirable inshut ,ns d
ring tho entire terra Of their existence OF the twenty
two companies organized in this State New York; i've Of
which are older than the "Equtablc" the latter rank
second in the amount of business during year
and the ratio OF claims paid income is smaller
than that of any Of the fvo companies aforementioned
The societys premium receipts ed at the close
Of the year, to which with it's gain from inter
est s1os4s expand its annual income proportions
OF royal revenue amounting to 81 1854 1885, while it's
assets amount to nearly ss,oOoo0o The ratio of its
paid to its income affords the strongest proof
the care and accurate Judgment which have been
csed in the selection of its risks Yet no company is
more liberal in its dealings prompt in the pay
ment of its losses The complete satisfaction it has
given in these respects the that it has never
contested claim of its policies accounts in some
measure for the exrao rdnary and growing popularity it
enjoys. W
Notwithstanding the energy displayed by the officers
una agents OF the Equitable in difsing tho benefits
te Insurance. and in placing the society claims fairly
and prominently before the pubic Its las IS
demonstrated by the ratio Of its expenditures to it's
total reccipt is economical it brilliant and sue
cossfuL
From these facts and figures the inevitable conclusion
Is deduced that this society managed by live en-men
who have not only mastered every their profes
se but who are also thoroughly ibued with the spirit
that IS solving the problems Of modern hfe and pro
noting the Improvement and extending the practice Of
social science and art.
The society has been very fortunate in securing the
acceptance Of the Office Of Secretary by JA1s W. ALEX
ASDER, ESQ. who was member of the legal firm Of
CUa1AHSs. ALEXANDER GREEN, OF New York, and who
brings to the service Of the society qualities peculiarly
adapted to the position, q, well as the experience ac
quired in his profession.
Dr. EDWARD ". LAMBERT is another complete master
OF his situation The results Of his management Of the
medical department., to which we have already alluded
prove it. The socetys other officers are experienced
men, known to the insurance fraternity and under such
d1recdo and with the splendid start it has already
gained nothing prevent its continued triumph and
its fnal attainment of the utmost height to which it
asp1res- 0. A. BOWEN, Agent,
At JAMES ADGEn & Co.'S