American citizen. [volume] (Canton, Miss.) 1864-1890, 1867-05-25
ST. LOUIS MUTUAL LIFE gNSUR.
ANGE CDNaPANS

We have before US the circular of this Insurance
Company, from which we gather the most salts
factory evidence that it is one Of the most firmly
established and reliable companies in the Union
The fact Of the acceptance of the agency of the
company by two Of the most well known and saga
cious citizens of Mcmphis-to wit Col. j, II. M.
Mahon and Newton s. Otis--is of itself prima .tacit
proof sthat it is an entirely solvent institution and
well worthy of support. Such men would have notl.
ing to do with Il concern that was not in all re-
spects entitled to the confidence and patronage OF
the public.
The policy of insuring life is becoming every day
more popular, and persons wishing to insure are
nu lrally inquring where they can insure to the
greatest advantage. Without intending to dctract
in the least from the claims Of any other company
we feel authorized by glance at the facts set
forth in the circular before us, to state that tie
"St. Louis Mutual " presents rs many claims to
the consideration and confidence of the Southern
people, especially, as any other.
The available assets Of the company On the lst
company fOotup the sum Of 81 800 900, giving il
AN ample reserved fund for all contingencies.
The officers of the company are not only men of
great wealth and influence, but are men Of the
highest integrity.
The company meets its losses promptly, having
paid $40 900 losses in the last eight months in
Memphis alone and most of it on the LIST premium
payment by the insured. Judge Bankhead who
was so foully Murdered by rullans in that city,
short time SINCE had taken the wise precautOn to
take out policy in this very company. In ten
days after his death, his wife was promptly paid
the amount of her husbands insurance. We have
observed that it has been very common among in
surance companies to evade the responsibilities o.
their losses by all kinds of ptetcxts. This compa
ny, we are assured, meets its losses promptly and
without any effort to evade, except on plain evil
dence of fraud or forfeiture. Upon the plan adopt
ed by this company, honestly pursued, we cannot
see how the company can fail or break.
But there are some reasons why the " st. Louis
Mutual " should receive a preference at the hands
of our Southern people. The interests of the com
pany are identified with us of the Mississippi Val.
ley. Its officers are men of known Southern feel
ings, sentiments aud sympathies. 1t renews and
continues in force Life Insurance policies, hell
by the Southern survivors OF the late war. During
the progress of the whole war this company never
refused to receive the premiums on policies from
its Southern policy holders. Then again the South.
ern Relief Association of St. Louis, the proceedings
of whose Fairs have added greatly to the relief of
our impoverished Southern widows and orphans,
was organized under the auspices of this company.
These are important considerations, that must
have weight with our people.
Upon the general subject of Life Insurance,
much more could be said than we have the time or
space to say now, but we will enumerate few of
the advantages of Mutual Life Insurance plan.
LIST. small annual investment in a good and IT
liable Insurance Company affords certain m cans
Of providing for those we leave behind US in case
of death. I'd. By a small sum annually paid while
in state of health and vigor, we can secure
liberal sumsfor decreptude and old age. 81. BY a
small investment annually in a company like the
st. Louis Mutual, you, in few years, can create
fund that becomes profitable and safe investment
in after years. 4th. 1t is in fact, perhaps not gen.
orally known, but nevertheless true, that policies
Of Life Insurance are subject to no taxation what
ever either State or Federal-nOr can the funds
derived therefrom be seized Or made subject to any
debt of the insured These important consider
ations, and no man who has an eye to business. or
the wish at heart 10 provide, at the present for the
future support of his family will disregard them.