The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-12-23
LIFE INSURANCE.

| u h lN IL n u = d 1t
COOPERATIVE
RELIEF ASSOCIATION
Chartered by the State Of NetC York.
| OBJECT.
| The object of this Association is to secure
cash payment within forty days after the death
| of q member of as many dollars as there are
members in the class to which he or she belongs,
| to his or her heirs.
MEMBERSHIP FEES.
The membership fees are sir dollars at joining
| (for tcl.ieh a certificate Of membership l1iU b.
| Jtfynished) and one dollar and ten cents on ths
death of each member, OF which due notice
win be given. One dollar from each member
goes to the widow or heirs of the deceased MEM
ber and tho ten cents for expenses of collecting.
This Company is divided inte TEN CLASSES
| FOR MEN and TEN CLASSES FOR WOMEN.
As soon rs these classes are filled, ten new
Glasses will be adopted. Men and women are
not allowed in the same Glasses. Everything
done to make each Class equal.
CLASSES.
A-All persons between the ages Of Is and 20
years.
BAH persons between the ages of 20 and 25
years
Gail persons between the ages of IS and 30
years.
Dali persons between the ages of 30 and IS
years.
E-All persons between the ages of IS and 40
F-All persons between the ages OF 40 and IS
years.
GAL persons between the ages of 45 and 50
years.
Hail persons between the ages of 80 and IS
I-All persons between the ages of 50 and 60
years.
Kali persons between the ages of 60 and G5
years.
The Glasses for women are the same as above.
Any one that is found to give his or her age
wrong will be expelled, and tho moneys paid
forfeited to the Association. Each Class is lin.
tied to $4,000 members. Each person pays 81
upon becoming member and 81. each time a
member dies beIOngt"g TO the same Class ne or she
may be a member.
A member of one Glass cannot be assessed this
dollar II member Of another Glass dies Each
Class is INDEPENDENT, hdUtnJ no connection ielM
ILLUSTRATION.
Class "a" has 5000 male members. A man dieG.
The Association pays over within forty days
$4,000 to the widow or heirs and the remaining
members forward within thirty days one dollar
and ten cents each to the Association to REIN.
burse il. Failing to send this sum they forfeit
to the Association all moneys paid, and the AS
sociation supplies new member to I'LL the place
of the retiring one.
ADVANTAGES.
The advantages of this Association over ordi
nary Lite Insurance Companies are: No panics
can break it, the fees are so small, and required
to be paid at sui b long intervals, that any man
can secure to his family competency upon his
death. ,,pns
now ~ DECUME MEMBERS.
ANY one desiring to become member may
apply in person, or must send 50, in check, bank
draft postal order, or by express, the eXpressage
being paid by the applicant. Under no circum
stances 'cM the Association be responsible FOR
mOJlsyS sent but IN uiS lcdy. Accompanying the
money must be paper giving the applicant
full name, age, birthplace, present occupation,
town, county, State. Also Medical Certificate,
setting forth the physical condition, and wheth'
or in the opinion of the doctor examining, the
applicant is a proper person to be insured.
Blank forms OF application for membership Will
be sent upon application.
Each member 0ught 10 try 10 make ncio members
by so d0i,g he BENEFITS himseJ. No letter will be
noticed that does not contain three cent post
age stamp to prepay return postage.
INVESTMENTS.
The bylaws of the Association require that
one third of the money received as new men,
bership fees shall be made sinking fund to
meet payments falling due by the delinquencies
of members. This fund is held by the
NATIONAL TRUST COMPANY,
and will be invested in United States Bonds or
Real Estate, or bond and mortgage upon New
York city property, which property shall be
double the value of the money so loaned.
THE FUNDS.
The remaining two-thirds, after paying the
EXPENSES of the Association, shall be invested
in Real Estate in the city Of New York, or In
bond and mortgage on property IN the city
New York, the interest of which shall 90 to pay
the current expenses of the Association. If a
deceased member leaves no heirs the money
becomes the property of the Association, with
the previsO that the expenses OF burial shall be
Maid ont of such funds said expenses, however, |
not TO exceed one hundred dollars.
a member failing TO pay his lee OF one dollar
and ten cents within thirty days from date of
notice forfeits all claims upon the Association,
and also forfeits all money previously paid. In
the Pacific States this time is extended 10 sixty
days A member having no permanent resi-.
dence must notify the secretary, ana appoint
representative to pay his fees.
when members choose they can send ten dol. |
lars and fifty cents to the treasurer to prepay !
their fees, which sum will pay for ten deaths, |
thus saving the trouble of sending Sl.lO each |
time, besides saving OF hlty Cehts' NO man
is so poor that he cannot pay IS now and Sill
occasionally thus securing $1,000 to his heirs |
The average number Of dollars each person will
have to pay to secure 5000 will be go per year,
a little over fifty cents per week. This makes
this mode of insurance cost about One-siNth |
what they would have to pay any regular insu
rance company for $4,000 policy.
All communications should be addressed to
ROBERT p. NOAH, No 222 street Wash. |
ington, d. c., General Agent for the District Of
Columbia and States of Virginia and West Etr. |
ginia, for the Manhattan Cooperative Relief
Association.