The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-08-11
IN PREFERENCE TO
INSURING IN ANY COMPANY.

1. It isa purely mutual Association, in which
all the profits are divided equitably among the
members, and no part of them absorbed by
stockholders. For this reason it can insure at
lower rates and pay larger dividends than any
Western or Southern Company.
q. It is purely MUTUAL WESTERN AND
invested in the West and South, at high rates
of interest. For this reason it can insure at
lower rates and pay larger dividends than any
Eastern Company.
ONE HUNDRED DOLLARS invested at 10
per cent. for so years will amount to s11, ,739 Oe
ONE HUNDRED DOLLARS invested at 6
per cent for the same time will produce only
81, 1,S42O1.
DIFFERENCE-s9,s ,s97.O8.
Why should Western and Southern men pay
money TO Eastern Life Insurance Companies,
to be loaned out by them at to per cen}.,
when the Life Association has q largo demand
for it at 10 per cent? High interest insurcs
large dividends.
The LIFE ASSOCIATION proposes to the
people Of South Carolina, as she has done to
all tue Southern States, to make it a HOME
COMPANY-thati is, to invest the money de-
rived from each State in the different States
from which it is collected. Money is very much
needed in the West and South, to assist in de-
veloping and building up !, commercial, ma
nufacturing. mineral and agricultural inter-
ests; and as the laws Of New York and several
Eastern States absolutely prohibit their COM
panies from investing money outside their own
States; and as these companies havo hereto
fore done largo portion of the business Of the
West and South, and now hold many million
dollars belonging to the citizens of these sec
tions--ot the use Of which they are deprived
by law-we therefore earnestly urge upon our
people the necessity of insuring their lives in
good Western and Southern Companies only,
and thereby keep their money at home. The
Association wac started over year ago, for
the express purpose OF changing the current
Of Life Insurance from the East to the West,
and to-day, without a particle OF stock. we
have
ONE MILLION OF DOLLARS ASSETS.
We invite attention to our rates and plen,
and feel confident that we can command ine
influence and hea. = cooperation of tho citi.
zcns of South Carolina
BOARD OF DIREcToRs.-John J. Roe, Prcsi-
dent State Savings Association; James H. Brit
ton, President Bank OF the State OF Missouri;
Robert Barth, President German Savings As
sociation; William D'Oench President Frank
lin Savings Bank; Felix Coste, President Bank
Of Commerce; L. o. Stanard, President Citi-
Zens' Fire and Marine Insurance Company;
John How, Merchant, Director State Savings
Association; C. s. Greeley, Merchant, Direct
or Boatmens Savings Associations; Amos Cot
ting, Director Bank of the State Missouri; W..
@. Kennett, Merchant, Director Exchange
Bank of st. Louis; Henry J. Spaunhorst, Mer-
chant, State Senator; Henry W. Hough Secre-
tary Marine Insurance Company OF st. Louis;
Logan d. Cameron, Merchant, Director Second
National Bank
81 can be found, for the7present, in the
Office Of the COLUMBIA PHOENIX.
Reliable and competent agents wanted for
every County in the State, except Charleston
and Greenville. Fl. H. DALTON,
August 10 limo General Manager.