The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-10-12
LIFE INSURANCE.


COOPERATIVE
RELIEF ASSOCIATION.
Chartered by. the State Of Ne'' York
OBJECT.
The object of this Association is to secure
oosh ma yInent within forty days after the death
- Fmamber of rs many dollars as there are
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 S,b;r6 a certificate Of membership 'eta OK
Trrnish,dD and one dollar and ten cents on tne
aeatb of each member of which due notice
will he given. One dollar from each member
goes TO the widow or heirs OF the deceased mem
Der and the ten cents for expenses OF collecting.
This Comnany ia divided into TEN GLASSES
FOR MEN and TEN CLASSES FOX WOMEN.
As aeon "a these classes are nlled, ten ne"
Glasses will be adopted. Men and women are
not allowed in the same Glasses. Everything
dene to make each Glass equal
CLASSES.
All persons between the ages Of Is and p
years. =.
BAH persons between the ages of 70 and .
years. ~
C-An persons between the ages of IS and 30
Dali persons between the ages OF 30 and IS
E-AIl persons between the ages Of IS and 40
F-An persons between the ages of 40 and IS
G-AI persons between the ages of IS and 50
years.
Hall persons between the ages Of 30 and s.
years. On
Kali persons between the ages Of 60 and IS
years.
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 Inn:
tied to $1,000 members. Each person pays %
upon becoming member, and sl.l0 each time q
member dies belonging to the same Class ne or she
may be member.
4 member of one Glass cannot be assessed hiS
dollar II member Of another Glass dies. Each
Class is INDEPENDENT, hauing no eonneet'S" '''"'
any other. -
ILLUSTRATION.
Class "a" has 5000 male members. A man dieS.
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 10 REIN.
burse it. Failing to send this sum they forfeit
to the Association all moneys paid, and the As
ISOLATION supplies new member TO I'LL the place
of the retiring one.
ADVANTAGES.
sc .l;, Acc oyar opdi-
nary Life Insurance Companies are: No panics
can break it; the fees are 30 small, and required
to be paid at such long intervals, that any man
can secure to his family competency upon his
death
HOW TO BECOME MEMBERS.
ANY one desiring to become a member may
apply in person, or must send 50, in check, Dank
draft postal order, or by express, the expressage
being paid by the applicant. Under no circunl-
stances iciH the Association be responsible for
ntOneyS sent but 10 this tCdy. Accompanying the
money must be paper giving the applicant
full name, age, birthplace, present occupation,
who the policy is in favor OF, postofhce address
town. county, State. Also a Medical Cerifedte,
setting forth the physical condition, and wheth'
or in the opinion of the doctor examining, the
applicant is q proper person to be insured
Blank forms of application for membership Will
be sent upon application.
Each member ought to try 10 make nec members
by so doing he benefits himself No letter will bt
noticed that does not contain a three cent post
age stamp to prepay return postage.
INVESTMENTS.
The bylaws of the Association require that
one.third of the money received rs new mem
bership fees shall be made q 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, OF in
bond and mortgage on property in the city OF
New York the interest OF which shall 20 to pay
the current expenses of the Association. II a
deceased member leaves no heirs the money
becomes the property of tho Association with
the previsO that the expenses of 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 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 to sixty
days. A member having no permanent resi-
dence must notify the secretary, and appoint
representative 10 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 a saving of fifty cents. No man
is 80 poor that he cannot pay Is now and sl.l
occasionally, thus securing $4,000 to his heirs.
The average number of dollars each person will
have to pay to secure 5000 will be $50 per year,
a little over fifty cents per week This makes
this mode of insurance cost about one-sixth
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. I'D street, Wash.
ington, d. c., General Agent for the District Of
Columbia and States of Virginia and West Vir.
ginia for the Manhattan Cooperative Relief
Association.