The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1868-06-10

EQUITABLE LIFE ASSURANCE SocIETY.-Those
persons who most appreciate In theory the benehts
Of lie Insurance are often, sngularly enough the
last to take advantage of its economical system for
making provision for their families. They know the
uncertainty Of life and fortune. but deferred by
the thought that tomorrow will do ss well rs to-day,
and the fear that Il they do insure they may pay for
years and then lose the fruit Of their wisdom by the
falure Of the company, or by Its taking advantage
of some technical plan to avoid meeting its obliga.
lions. The Jolly OF the first plea is evident enough,
and there is no more wisdom in the Sec
ond, every man having It in his power to select a
company whose solvency is beyond. question, and
whose standing Is high that 1t will never seek to
evade its just responsibilities
Not many weeks ago Mr.. ". G. Small, we'll
known Oharestonian, died after short Illness and
he was soon followed By Mr.. e. G. Courenay, one Of
our most esteemed citizens. The life of Mr.. Courte-
nay was insured for $4,000, and the life of Mr..
Small for $4,000, in this society," and these amounts
were promptly paid IN less than sixty days to the
representatives of the deceased. This is lesson
that needs no comment, and re will only add that
the Equitable Life Assurance Society Of New York is
one OF the most solvent and highly honorable Of the
companies to which We have alluded. This Company
which Is ranked second by the New York State Com.
missioner, was established in 1852 and In 1867 had
cash income Of four and half millions Of dollars.
Its cash assets more than seven millions of
dollars. and It issues yearly between ten thousand
and eleven thousand policies. Mr.. o. A. Bowen, Of
the firm OF Marshall. Burge & Bowen, is the agent
for this city, to whom We can confidently commend
any person who has not yet fulfilled the great duty
of promptly insuring his life
AT THE one hundred and twentieth anniyer-
sary meeting of the Charleston Library Society the
following officers were elected to serve the ensuing
year:
Colonel THOMAS Y@tMoNs, President.
Hon. ]. BERKELEY GRIMBALL, Yice.Pre;ideat.
WIN. G. MAZYCK Librarian.
T. ALEXR. BROUGHTON, Treasurer.
Committee on Book;.-Presidenta and vice.President,
ez ofcie; Professor F. A. Porcher, Professor L. r.
Gibbes, DR.. F. Peyre Porcher, ]. Barrett Cohen,
ESQ.,, W. Wragg Smith, Esq.
Committee on Accumulation. Charles q. Simon
ton, chairman; President and Vice.President, e5
Carew. Samuel Lord, Jr., Esq, Henry Y. Gray, Esq.
Sslicitor.-Kon James Simons.
DE- ". T. wragg, who had served acceptably as
President having declined reelection, on motion
1t was unanimously
R.,oGued That the thanks Of the Society be tender
ed to their lse President DR.. ". T. Wragg for the
able and faithful manner in which he has discharged
the duties Of his Office during the past year.
With view Of popularizinS the institution, it
was
Resolved, Tha. committee consisting of Ave mem.
bers, with the President as chairman, be nominated
and appointed, who shall be charged with general
examination into the state and condition OF the So
ciety, its measures, resources and prospects, and
that they report such scheme fer the reorganization
OF the Society as may be suggested by such e1ami.
milton.
Under this resolution, the President appointed the
following members: Messrs. Samuel Lord. Jr, Esq,
E. ". Marshall, Hon. James simons, Professor F. A.
Porcher, Hon. ". Alston Pringle.
Business being concluded, the members sat down
to very pleasant collation prepared by Tuny.