The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1869-03-27
REINSURANCE.
c1arterea ~ he Sac Of Ne,0, Eork
OBJECT

CRdrIded ~ TIC D'''0 -
OBJECT
TIL. object of this Association Is to secure Z
..sb navment within forty days after the death
| ~ a member of as many dollars as there are
members in the class to which he or she belongs
TO his or her heirs
MEMBERSHIP FEES.
Tia membership fees are SIR dollars at joining
,to,. ,,b;eh a certificate Of membership tcia b.
XS,rp;sISd ] and one dollar and ten cents on the
death OF each member, OF which que noI motto,
zoe. to the widow or heirs of the deceased men,
ber and the ten cents for expenses OF collecting
Tbis Company is divided into TEN CLASSES
! I10P MEN and TEN CLASSES FOR WOMEN.
As soon as these classes are niisG, ten new Srs
Nof allowed in the same Glasses. Everything
| dane 10 make each Class equal
CLASSES.
All persons between the ages Of Is aud 90
BAH persons between the ages of 90 and p
years cHAn persons between the ages of IS and 80
'e Dan persons between the ages of 30 and IS
EAn perssns between the ages of IS and 10
F. FAN persons between the ages of 40 and IS
G~All persons between the ages of IS and 81
Hal persons between the ages Of 50 and $
T. TAll persons between the ages of IS and 90
K~An persons between the ages of 60 and sS'
me Glasses for women are the same as above.
Any one that is found TO give his or her age
wrong will be expelled, and the Moneys pald
| forfeited to the Association. Each Class Is linn.
| tied 10 5000 members. Each person pays 20
upon becoming q member, and sl.lO each TINE
member dies belonging 10 the same Class ne or she
may Be a member.
4 member Of one CLASS cannot % assessed u'lS
dollar II member Of another Class dieS. baeh
Class Is INDEPENDENT, hdring no connection is1h
wy '' ILLUSTRATION.
| Glass "a" has 5000 male members. man dieo.
The Association pays over within forty days
$1,000 to the widow or heirs, and the remaining
members forward within thirty days one COLLAR
and ten cents each 70 the Association TO REIN.
burse it. Failing to send this sum they forielt
| TO the Association all moneys paid, and the AS
ISOLATION supplies q new member TO I'LL the place
of the retiring one.
ADVANTAGES.
| The advantages of this Association over ordi-
/ nary Life Insurance companies ATe: NO pAHles
can break it; the fees are 80 small, and required
10 be paid at suIh long intervals, that any man
can secure to his family competency upon his
death
HOW TO BECOME ArEMBERS.
ANY one desiring to become a member may
apply in person, or must send &c, in check, bank
draft postal order OF by express, the expressage
Being paid by the applicant. Under no eircum-
stances tciU he Association be responsible for
moneys sent bat ia this sOdy. Accompanying the
money must be paper giving the applicant
full name, age, birthplace, present occupation,
who the policy it in favor Of pOstotiice address,
| town county State. Also a Medical CERTIFICATE,
setting forth the physical condition. and wheth'
| or in the opinion of the doctor examining, the
applicant is proper person 10 be insured;
Blank forms of application for membership Will
| be sent upon application.
Each member ought 10 tn 90 make EelC members;
| by so doing he bene6tS himseY. No letter Will be
noticed that does not contain three cent post.
age stamp to prepay return postage.
INVESTMENTS.
| The bylaws Of the Association require that
one third of the money received as new mem
bership fees shall be made a sinking fund 20
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 tho Association, shall be invested
| in Real Estate in the city of New York, or in
bond and mortgage on property in the city o
New York, the interest of which shall 90 to pay
the current expenses of the Association. II a
deceased member leaves no heirs the money
becomes the property Of the 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. member having no permanent resi-
dence must notify the secretary, and appoint
representative TO pay his fees.
When members choose they can send ten do
| lars and fifty cents to the treasurer to prepay
| their fees, which sum will pay for ten deaths,
| thus saving the trouble Of sending CLIO each
! time, besides a saving of fifty cents. No man
is 80 poor that he cannot pay 90 now and clio
occasionally, thus securing 5000 % his heirs.
The average number of dollars each person will
have TO pay 10 secure 5000 will be ESQ per year
a little over fifty cents per week. This makes
this mode Of insurance cost about One-siGth
what they wOuld have 10 paw any regular insu.
rance company for 5000 policy.
All communications should be addressed 10
ROBERT =. NOAH, No. ID + street. Wash
ington, ID. g., General Agent for the District of
Columbia and States Of Virginia and West Vir.
GINA, for the Manhattan Cooperative Relief
association