The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1868-12-04
NATIONAL
Cooperative Relief Associ.
alton
Dickerman Block, DEBORAH, Iowa.
How SO Will Secure $4,000
tOyOur Family.

OBJEcT-The object ofthis A ssociation
is to secure a cash payment within sixty
days after the death of q member, as many
dollars as there are members in the class
to which he or she belongs, to his or her
heirs.
MEMBER.nIP FEEs.-The membership
fees are Six Dollars at joining (for which
policy will be furnished), and one dollar
and twenty-five cents on the death Of each
member, of which due notice will be given.
One dollar from eech member goes to the
widow or heirs of the deceased member,
and the twenty five cents for the expenses
of collecting. ...-..s.. -.......
INvEsrMENTs.-The bylaws Of the As
ISOLATION require that one-fourth of the
money received as membership fees shall
be invested in U. s. Bonds, in real estate,
or on first mortgage upon property in Win
neshiek county, which property shall be
double the value of the money 70 loaned
The FUNDs.-ln order to secure stabil-
ity to the Association, all moneys remain
ing after the expenses are paid will be in
vested in real estate in Winneshcik county
DEBORAH, and vicinity, or on bond and
mortgage upon real estate in Winnesheik
county tho interest Of which shall 60 to
pay the current expenses Of the Associa-
ton. The membership fee becomes the
property of the Trustees. If o deceased
member leaves no heirs the money be-
comes the property Of the Association,
with the proviso that the expenses OF the
burial shall be paid out Of such funds,
said expenses, however, not to exceed one
hundred dollars. -.
A member failing to pay his fee of one
dollar and twenty-five cents within thirty
days from date Of notice forfcits all claims
upon the Association, and also forfeits all
money previously paid. A member having
no permanent residence must notify the
Secretary, and appoint Q representative to
pay his fees.
No man is so poor he cannot pay Six
Dollars now and 81 % occasionally, thus
securing S. 900 to his heirs. The aver
age number Of dollars each person will
have to pay to secure $4,000 will be $50
per year, little over so cents per week
This makes this mode of insurance cost
about one sixth what they would have to
pay any regular Insurance company for
S. 900 policy.
This company is divided into three elias.
ses, and includes both sexes. As soon as
these classes are filed three new classes
will be adopted. Every thing is done to
make each class equal.
CLAssEs.-In class A Ill persons be-
tween the ages Of IS and 80 years.
CLASS 3 80 $ As 8
- C . As +" so j"
Any one that is found to give his or her
age wrong will be expelled and the moneys
paid forfeited to the association. Each
class is limited to 5000 members. Each
person pays six dollars upon becoming q
member. and one dollar and twenty-five
cents each time Il member dies belonging
to the same class he or ~ may be MEM
Der of.
A member Of one CLASH cannot be as
sesscd this dollar if member q another
class dies. Each class is INDEPENDENT,
having no connection with any other.
Observation-Disclosures "Ao has 5000
members Member dies. The associa-
ton pass over within forty days $4,000 to
the heirs, and the remaining members
forward one dollar and twenty-five cents
each to the association to reimburse it.
Failing to send this sum, they forfeit to
the association NIL money paid, and the
association supplies new member to fill
the place Of the retiring one.
ADvANTAGEs.-Thea advantages Of this
association over ordinary Life Insurance
companies, are, no panics can break it !:
the fees are so small and are required to
be paid ut such long intervals, that any
man can secure to his family competency
upon his death.
How TO BECOME MEMBERs.-Any one
desiring to become member must send
Six Dollars, in check, bank draft, postal
crlnr hu tho aorn ho.
ing paid by applicant. Under no circum-
stances will the association be responsible
for any money sent but in this way. All
checks, &C., must be made payable to the
order Of Henry Paine, Secretary. Ac-
companying the money must be a paper
giving the applicants full name-age-
birth. place-prcsent residence-oeeupa.
tion-who the policy is in favor of-post-
medical certificate, setting forth the
er person to be insured. Blank forms Of
application for membership will be sent
upon application.
Any one sending seven members and
$40 will be a member, free Of the original
membership fee, but will have to pay the
regular Assessments of one dollar and
twenty-five cents. Each member ought
to try among his friends to make new men,
bers, by SO doing he benefits himself
Every minister is hereby made an agent
and will be allowed II commission on
each. member he sends. No letter will be
noticed that does not contain o 3 cent
postage stamp, TO prepay postage. :.
All communications should be addressed
HENRY PAINE, Secretary,
Dickerman's Block, Decoyah, Iowa.
fB. 3. GREENE. President.
j. G. STRONG, v. Preside
TRUSTEES: HENRY PAINE, Secretary
G. s. ROLLIN, Treasurer.
CHARLEY FERREs, and
DAN LAwREsoE, General Agents.