The Lancaster gazette. [volume] (Lancaster, Ohio) 1863-1886, 1866-08-02
sEntual-Life Insurance Co.
New Pnrl<.

al faith Ia life insurance Is gaining
possession.of the public mind, and the
splendid resFlts II ,fieQfls sawaken.a &
lgIow Of Grla eink admifations fof those
patient q profound calcnIatct&who
have 30 SUCCESSFULLY worked D1t s. tbs
fFproBtem~ fsf the amcliofations y @ @tlie,
tshfering and pfivation % wtiaI, fli6;
Edesolate are exposed. .Itsis however
true that life insurance is less bfijliant
than usefut-less attfaetive fhaM beno-
fetal, but though ir rhkes less. display
Ithan otbs eat disebSerics,,- it Yields
20. none ID pellches, and promises as
/ tad as any to become universal
blessfhg to mankind. .a'. "a
Many benevolent institutions, spes
cious and apparently penGaet - theory,
fail ITO work." or. if<they sfaH 50
far short of .4heiT u Fen enIefs asai as %
dlsgust iI@faAd 1f yiBg thein.--4
Eh Ehe pfsue les sfls which life insu4
frances base arA Which this power.
ffut-erganizatlta, the Mutual Life, has
lcafried to such perfection, arc howevs
err notsealg beautiful in theory batl
have ID their operation fulfilled and
Eeven surpassed the predictions and
hopes Of their most sanguine advo-
Gates. If this Company were a recent
experiment, we should speak less con-
fidently of its merits, but the steady
course it has pursued for twenty three
years, and the irrefragable evidences
il has constantly afforded of healthy
and increasing prosperity, have earn
ed for tia reputation for stability which
justi6es US in placing it before the pub
lie as an assured success, the grandest
ever achieved in life insurance.
This assertion is established by the
fact that the Mutual Life during it's
past fiscal year issued 5000 new poll
cies, received for premiums 81, ,98s, 1907
40, insuring S31 1874, ,507, had total
income of SO, ,853, ,068, so, assets amount
ing TO s14,S85, 278,88, was conducted
at rate Of expenditure of only 1920
to income, and, after rescrving an un-
divided surplus exceeding 81 200 90,
paid last February a triennial dividend
Of s2,975,3S 58l No other life COM
pany in the world ever made an exhib-
it comparable TO this one. ga
The record of this C6mpany's past
does not diminish our admiration of
the accumulated magnitude of the
work it has performed. Widows and
orphans have been the recipients of
its benefits to the amount of five mil
lions of dollars, and it stands pledged
to pay nearly hundred millions
moro to other bereaved ones in the
| hour of their greatest need and suffer
ing. No true philanthropist can re-
frain from cxulting in this fact, and
perhaps there is not one in modern
civilization and advancement more
creditable to humanity. 20
The immense amounts included I'M
the Company's report are startling at
first sight, bat so great are the advan-
tages it proffers 10 insurants that our,
first surprise is soon changel into Won
der that the number Of the latter is
not multiplied at a far greater ratio.
Even Oh ordinary life policies, the re-
versionary additions will, at average
ages, generally equal and not unfre-
quently largely exceed the amount of
premiums paid on the policy, and it
has been demonstrated tI.ct they,
with the dividends afterward ACQUIRING.
will. in less than the average extension
of life allotted by the aetuary, not on
ly pay the premium in full but leave
an excess which will yield the insured
an income for thN remainder of his
days. Endowment policies, payable
at death, or to tho persons insured on
their arriving at specified ages, are
growing much in favor. We will fur
nish an ordinary example to show the
results of this popular form of insur-
ance or Investment. Date Of policy,
Feb. 20, 1857, 81, 600 payable at death
or As Il. e. Feb. 20, 1860; annual pro-
MUM S54l,3O. Total payments in
nine years, s4,871,7O. Cash value at
maturity of policy and additions, &c.
! I'll 81. Thus the insurance has cost
the policy holder absolutely nothing du-
ring this period, and he receives a
sum greater than the full amounts of
premiums paid, at per cent. com
pound interest.
The Mutual Life is in every respect
a progressive institution. It's assets
have, during the last three or four
years, been augmented about two mill
lions annually, its premium income in
1865 was an increase over that of 1864
of more than million dollars. 1t
: will hencefurth make its dividends an
nually, and, as it's current income exi
ceeds four millions, its members may
safely rely ON receiving a division of
the profits which Will make them
thankful for the blessings Of life insu-
rance.
| The foremost position and vast pros
;. perity won by this Company have
been attained by superior manage
ment and prompt response to the re-
quirements ot the time. Its officers
therefore deserve all the credit that
attaches to them. Its President,
Frederick s. Winston, Esq, has dovo-
ted the bost energies Of his life to the
J work and has right, if any. man ev.
, er had, to contemplate the results Of
his labcIs in good cause with honest
: pride and supreme satisfaction.-N Y
I Insurance Monitor.
Green Crops.
It is of very great Importance in
the improvement of land, to plow in
green crops of some kind. My expc,
: / =. Ii alAz-a. IL alac.nlLn.