The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1867-05-16
protection: Yet never until now

1protection Yet never until now
never until the complete establish
ment of life insurance-liave tho wi
dow, orphan and such dependents
been Justly, sufficiently, liberally and
honorably provided for, and compa..
ny like the HstngsE life, chat takes the
lead in TINS mos tben eaeent work, lis.
therefore,. deserving sof; all honor,
praise and encouragement.
There IS yet one feature peculiar to
the Aitna Life entitled to special
commepdation, and that is its econo-
my. In this regard, notwithstand-
ing its activity, youth, growth and
amount of new business, it presents
a remarkable exception, and the skill
and care of its President, T.. A. Bulk
eiey, Esq, and its Jealous and able
Secretary, T. o. Enders, ESQ.,, are
manifest in the success which has at
tended their efforts to unite in their
management the qualities of extraor-
dlnary efficiency and strict economy.
The ratio of the Etna's expenses to
premium and totel income is lower
than TINT of the Mutual Life. its
titanic rival, and under the latter
headlng, less than that of the Con-
necticut Mutual, Notwithstanding the
advantages possessed by those COM
panles In their great accumulation of
many years business; but, although
the ratio of the AGtna's disbursements
Is now considerably below the general
average, it might have been reduced
below that of any but for its gene
rous, and, in many instances, most
iaudable practice of paying claims
before maturity. It keeps no orphan
or widow waiting for her insurance
money, even when not legally paya-
BILE. 1t consults the spirit and design
of the institution, rather than the
policy OF preparing materials for an
attractive exhibit. This genial bene-
violence and liberal dealing render the
company great favorite with the
public.
Similar commentator might be
Justly extended to its other popular
features and reforms, including its
non-forfelturc policies, its helpful
credit given during the continuance
of policy, its equitable division of
oil the profits among the insured,
except the six per cent. on the stock
capital, and its excellent and pro-
ductivo dividend system. The last
feature has afforded great satisfaction
to its members, for its dividend.
which sis paid two years from date
OF policy, and annually thereafter, on
the amount of premium" has, for
this year, and for several years past,
amounted to fifty per cent, and is
paid promptly in tho same year it is
declared, in cash or cash policies, or
applied to the credit of those who
have received credit. We should,
however, exceed the space to which
we are restricted, if we were to emu
merate the special advantages enjoyed
by the members of the Atna Life.
who now number over $4,000, and
who seem to fully appreciate their
privileges, for they are the company's
voluntary and, in many instances,
most efficient agents, and assist in
spreading its benefits with an ear
nestness and cordiality which speak
well for their benevolence, and vo-
lumcs for the institution itself.
The AItna Life is one of the sound
est and safest life corporations. 1t
has over So, ,000,0 900 securely invested
at interest, and $1,OOO,OOO surplus
over all liabilities, including the full
value Of oil existing policies. From
every point of view, this great com
pany displays features of special
merit and unusual excellence; and if
the prediction that its policies, during
this year, will amount to $4,000, and
its receipts to $7,OOO,OOO, should be
fulfilled, it will get no more than its
dues-no more than the best friends
of life insurance and of humanity
for they are identicaD sincerely trust
it will obtain and employ, as hitherto,
to the advancement and elevation of
society, and, eventually. to the great
relief and honorable maintenance of
the widows and orphans of the pro-
vident and true-hearted.
->
The Richmond Enquirer. of the
11th, says:
fnl>D t. ID