Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1868-10-07
MANHATTAN
COOPERATIVE
RELIEF ASSOCIATION.


OFFICE MASuATTAN Co.orERATIyxl
RELIEF ASSOCIATION,
No 1872 BRooME ST NEW YoRK
THE MANHATTAN COOPERATIVE RE-
LIEF ASSOCIATION is chartered by the State
of New York.
s~ OBJECT.
The object Of this Association Is TO secure
cash payment within forty days after the death
Of a member of many dollars as there are men,
bers in the class to which he or she belongs, to
his or her heirs,
MEMBERSHIP FEES.
The membership fees are six dollars Mt joining
{for which a policy will be furnishedJ, and
81 10 on the death of each member. OF
which due notice will be given One dollar from
each member, and the ten cents tor expenses Of
collecting.
.&A INVESTMENTS.
The Bylaws of the Association require that
0ne-thir0 Of the money received As new member
ship fees shall be made a sinking fund to meet
payments falling due by the drlinquencies OF
members. This fund is held by the
Natioaal'Trust 60,
and will be invested in United States bonds or
real estate, or bond and mortgage upon New
York City property. which property shall be
doub e the value of the money so loaned.
b. . THE FUNDS.
The remaining two.lhirds, after paving the
expenses of The Association shall be invested it
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 go to pay
the curtant expense OF the A ssocation. If de.
ceased member leaves no heirs. the money be-
comes the property OF the Association, with the
proviso that the expenses OF burial snail he paid
out of such funds, said expenses. however, not
to exceed one hundred dollars.
A bnpf ia IN mt hiS fpC NJ doll ap
and ten cents within thirty days from date Of
notice, fortelts all claims upon the Association,
and also forieits all money previously paid. In
the Pacific states this time is extended 10 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 ind fit, cents TO the Treasurer to prepay
heir fees. winch sum will pay tor ten deaths, :
thus saving the trouble of sending 81 ~ each
lime, besides saving of 80 cent No man IL
81 poor that he cannot pay Six Dollars now and
10 occasionly thus securing So 90 to his heirs.
The average mum er OF dollars each person will
nave to pay To secure $1,000 will be $50 per
year, a little over 30 cents per week. This
makes this node of Insurance cost auout one.
sixth what they would have to pay any regular
Insurance Company tor $1,000 policy.
This company is divided into ten classes for
men md ten classes for women. As
Iii he ojontsd Nan and ,,n,oon ore not IL
"a IN az .a,na c,,ssss E"ar,,hin', Il a. =,
~ IL ~ oIass.ao,si Ns " W
In class all persons between the ages Of 20 & 20
In class all persons between the ages Of IS 80
ciass n ali psrsons bct ysen tbe a,os of Ak = AZ
~ c,oss n ali psraons hot wesn tho saas nj 90 =
N class q ali nersons bet ween Inc aces NJ az \ m
ass ersons he. IN, ,he 80 VI Of n 3,
class | All parsons between the ages OF % u %
n class * all persons between the ages Of 90 Il o.
The classes Tor women are tie same as above.
Any one that is found to give his or her age
wrong will he expelled. aud the moneys paid
forfeited to the Association Each class is lin.
tied to 8 .0llU members. Each person pays So mp
on becoming a member, and 81 10 each time q
member dies belonging to the seme class he OF
she NAV he A member Of.
A ,on,obor ~ one olsss csr,at y. c.scssc1 tb,.
doIlar II a member NJ onotbsr class die, .ach
c,,ssis ,snwnr"nrxT havinr n n cnnnsction with
anu n,brr
"A' uruSrR.rtoN
Glass az has 5000 m lie members. man
| dies The Association pays over within forty
days s. 900 to the widow or heirs. and tie 10
naming members forward within 80 days ont
dollar and ten cents each TO the ASSOCIATION t.
reimburse it. Faiingto send this sum, they for
felt to the Association all moneys paid ana the
Association supplies new member to Nil the
place of the retiring one. sA- ..e5f
AnyANTAGEs.
a,.n,.ro.ot mi. Assoc,.t;on ovsr ordi
,a,. Y, ~ Ins"s,ncn I onnanias are no manic,