Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1868-11-11
MANHATTAN
COOPERATIVE
RELIEF ASSOCIATION.

RELIEF ASSOCIATION.
OFFICE MANHATTAN Co-orKKATIYnl
RELIEF ASSOCIATION,
No. 1872 BROoME ST. NRw York.
THE MANHATTAN COOPERATIVE RE.
LIEF ASSOCIATION is chartered by the State
of Now York.
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 mem.
beers in the class to which he or she belongs. TO
his OF her heirs,
MEMBERSHIP FEES.
The membership fees are six dollars at Joining
{for which policy will be furnishedj. and
SllO on the death Of each member, Of
which due notice will be given One dollar from
each member, and the ten cents for expenses OF
collccting.s
one-third of the money received as new member
ship fees shall be made sinking fund to meet
payments falling due by the delnquencies Of
members. This fund is held by the
National Trust Co,
and will be invested in United States bonds, or
real estate. or bond and mortgage upon New
York City property, which property shall be
ubuUto VIC Nhiuc VI Tue ilUHty 30 itaneu.
THE FUNDS.
The remaining tw0-thirds. after paying the
expenses Of the Association. shall be invested ia
real estate in the City OF New York, or In b. nd
and mortgage on property in the City Of New
York the interest OF which shall 20 to pay
the currsnt expense of the A ssociation. II de-.
ceased member leaves no heirs. the money be-.
comes the property of the Association. with the
prOyis0 that the expenses Of burial shall be paid
out of such funds, said expenses. however, not
to exceed cue hundred dollars.
member failing to pay his fee Of one dollar
and ten coats 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 to sixty
days member having no permanent residence
must notify the Secretary. aad appoint repre-.
sentative to pay his fees.
When members choose they can send ten dol
lars and fift? cents to the Treasurer TO prepay
their fees. which sum will pay tor Ten deaths.
thus saving the trouble of sending Sl.l0 each
lime, besides a saving of 80 cent No man Ia
80 poor that he cannot pay Six Dollars now and
Lilo occasionly, thus securing s. 00otO his heirs
The average NUN Ter OF dollars each person will
have to pay to secure $3.50 will be $50 per
year, a little over so cents per week This
makes this mode of Insurance cost aDont one.
sixth what they would have 10 pay any regular
Insurance Company tor a 81, 1896 policy.
THIS company Is divided into ten classes for
men. md ten classes for women. Al
soon as these classes are FILLED ten new classes
will be adopted. Men and women are not allow
ed IN the same classes. Everything is done to
make each class equal.
CLASSES.
In class A all persons between the ages Of Is 20
In class all persons between the ages OF 20 Il rs
In class all persons between the ages Of 70 h &c
In class all persons between the ages Of 80 Il 80
In class all persons between the ages OF 81 4 AZ
In class all persons between the ages Of 40 K AZ
In class all persons between the ages of IS Il 81
In class ali persons between the ages of 60 X 81
In class all persons between the ages of IS Il 81
In class all persons between the ages Of so Il q,
The classes tor women are TIE same rs above
Any one that Is found to give his or her ag,
wrong WILDE expelled. and the moneys paid
forfeited to the Association. Each class Is lin
tied to 5000 members. Each person pays Sc up
on becoming member. and ST. 10 each time 4
member dies belonging to the same class be OF
she may be member Of.
A member OF one class cannot BE- assessed th,,
dollar II q member Of another class dies. tacl
class Is INDEPENDENT, having no connection will
any other.
ILLUSTRATION.
Glass "Av has $500 mnIe members. A MAI
dies. The Association pays over within fort,
days $4,000 to the widow or heirs. and the re
naming members forward within 30 days on,
dollar and ten cents each to the Association {,
reimburse it, Failing to send this sum. they for
felt to the Association all moneys paid. and tn,
Association supplies a new member TO fill TIL
place OF the retiring one.
ADVANTAGE.
The advantages OF this Association over orJi
nary Life Insurance Companies are, no panic
can braak 1t !; the fees are SO small and requires
to be paied at such long intervals. that any mai
can secure to his family a competency upon BIZ
death.
How to become Members.
n my one desiring to become q member mus
send 50. In cheek bank draft. postal order. or b.
express. the expires age being paid by the appli
cant. Under no circumstance will the Ass0eia
sion be responsible for moneys sent but In thi
wav. Agents are not allowed TO receive moneys
but must ask for cheeks. &c.. dc. Persons pay
Ing an agent otherwise than by check do II .
their own risk. All checks. dc.. must be paya
BILE to the order Of w. y. CARMAN, Treasurer
Accompanying the money must be u paper Civ
lug the applicants full name. age. birthplace
present occupation. who the policy Is In favor OF
post-Ofiice adress. town county. state. Also
| Medical Certificate. setting forth the physica
condition, and whether In the opinion Of th
doctor examining. the applicant II proper pei
soR TO be insured. Blank forms OF application
for membership will be sent upon application
Agents are not allowed to receive money bu
In the form Of check. draft. or postal order
made payable to the order OF w. y. CARMAN
| Treasurer.
Each member ought to try to make new mon
bers by 30 doing be benefits himself. No lette
will be noticed that does not contain athroe oen
postag stamp TO prepay return postage.
All communications shonldbe addressed