The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1869-02-02
LIFE INSURANCE.
Chartered by the State Of NeC York
OBJECT.

OBJECT.
| The object OF this Association Is to secure
cash payment within forty days after the death
OF member Of as many dollars as there are
mem bers in the class 70 which he or she belongs,
| TO his or her heirs.
MEMBERSHIP FEES.
The membership fees are sir dollars at Joining
| CIOr ichich a certificate Of membership ciU B,
| gttrniShed) and one dollar and ten cents on tn,
death OF each member, OF which due NOTES
will be given. One dollar from each member
goes to the widow OF helm. of the deceased mem.
Der, and the ten cents for expenses of collecting
This Company is divided into TEN CLASSES
FOR MEN and TEN CLASSES FOR WOMEN.
As soon as these classes are filled ten new
Glasses will be adopted. Men and women are
not allowed in the same Glasses. Everything
done to make each Class equal.
CLASSES.
A-All persons between the ages Of IS and 20
years.
BAH persons between the ages of 80 and IS
years.
C-An persons between the ages Of s5 and 30
years.
Dali persons between the ages Of 80 and Is
years.
E-All perssns between the ages of IS and 20
years.
F-An persons between the ages OF 40 and IS
years.
G-All persons between the ages of IS and 50
years.
Hail persons between the ages of 80 and IS
years.
I-Al persons between the ages of IS and 90
years.
K-All persons between the ages of 90 and s5
years.
The Glasses for women are the same IS above
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 linn
tied to $4,000 members. Each person pays IS
upon becoming member, and Sl.l0 each time a
member dies belonging to the same Class hs or abe
may be a member.
A member Of one CIdSs cannot be assessed Ibis
dollar II member Of another Glass dies Each
Class IS INDEPENDENT, harin5 no connection 'cih
any other.
Class "a" has 5000 male members. A man diss.
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 to REIN. |
burse it. Failing 70 send this sum they forfeit |
to the Association all moneys paid, and the As
sOciation supplies new member 10 fill the place
of the retiring one.
ADVANTAGES.
The advantages of this Association over ordi-
nary Lite Insurance Companies are: No panics
to be paid at suth 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 81, in check bank
draft, postal order or by express, the eXpressage
being paid by the applicant. Under no eireuIn.
stances lCiH the Association be responsible for
moneys sent but IN this I0dy. Accompanying the
money must be paper giving the applicants
full name age, birthplace present occupation,
town. county, State. AIso a kediSGl 0ertideGte''
setting forth the physical condition. and wheth.
or in the opinion of the doctor examining, the
applicant is proper person TO be insured.
Blank forms Of application for membership will
be- sent upon application.
hach member ought 10 try 10 make nsio members;
by so dong ne benefts htmsey No letter Will be
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 as new mem.
bership fees shall be made a sinking fund 70
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 yalue Of the money so loaned.
THE FUNDS.
The remaining twothirds, after paying the
expenses of the 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 20 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 prsvisO 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 tOrfeits all money previously paid. In
the Pacific States this time Is extended to Al XIV
days. A member having no permanent resi-.
dehce must notify the secretary. and appoint a !
representative to pay his fees
When members choose they can send ten do | !
lars and fifty cents 10 the treasurer to prepay /
thus saving the trouble of sending sl.IO each |
time, besides a saving Of fifty cents. No man |
ia so poor that be cannot pay g. now and 81. 10 |
occasionally, thus securing $4,000 TO his heirs |
The average number OF dollars each person will
have 10 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-siIth
what they would have TO pay aRy regular insu.
rance company for 5000 policy.
All communications should be addressed to
ROBERT =. NOAH, No. ~ + street, Wash.
iugtOn, ID. G., General Agent for the District Of
Columbia and States Of Virginia and West Yir.
ginia, for the Manhattan Cooperative Relief
Association.