The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1869-11-16

practiced by this organization, which III,
deed forms 4 part Of the policy itself, and
j. applicd to all the premiums, giving the
insured an inalienable right, after the pay
n,ent OF two annual premiums, TO palu-tp
policy for an amount equitably correspond
ent to the premiums previously received BY
the company.
"That the public has learned to appre-
ciate the merits of Z life corporation, con-
ducted with scientific skill and exemplary
integrity for the sole benefit of the insured,
is demonstrated by the steady and brilliant
nrocress of the Guardian Mutual Life. It's
annual income now largely exceeds mil
lion dollars, and already shows IN increase
Of two hundred thousand dollars over the
recciDts during the same period last year.
Its assets have now attained the princely
magnitude of t,co million dollars, exhibiting
I cain over those of the same date Of the
prior of seven hundred thousand dol
lars. This grand sum totals invested in secu-
rites which for their remunerative returns
and solid character have no superior in the
country. The number OF policies issued by
the Guardian Life to the 1St Of September,
1869. ran up to three thousand four hum
drcd, inSurinc nearly eight million dollars,
being an increase over the number granted
within the same time last year Of forty per
cent. The growth Of the company's new
business in 1868 beyond that Of 1867 IS
shown by the official report of the insurance
suDerintendent of the State to have pro-
ccedcd ut the same ratio 50 that its pro-
@ress from year to year is proVedto TO be ra-
pidlv augmcnting, even while the business
OF the majority OF life companies betrays 4
correspondent dimnution. 1t is plain,
therefore, that the tide of public patronage
has set III permanently in favor Of the
Guardian Mutual Life.
eve regard these figures wholly salts
factory, a. they must appear to the most
critical observer, not as Il tinallty, but
merely as m index to the glorious future
which awaits this carefully, cqutably, and
.kiIfuiIy managed company. No orGanZa-
ton has more solid and auspiciouS basis
for perpetual success. 1t is abundantly
supplied with the best personal and mate
rial elements Of corporate excellence. It's
president, Walton Fl. Peckham, Esq, a
gentleman Of substantial worth and busi-
ness ability, is Imwcarigd in his devotion to
thc interests Of the company.
civilian II. l!oo'.er, Esq, the new vice.
president. long ana successfully engaged III
the banking business, is admirably qualified
for his present position b. his natural capa-
city, his acquired attainmcnts, his financial
experience, and his habits OF indctatigablc
application to business.
'.Its secretary, Lucius McAdam, Esq. is
young man Of thorough scientific attain
mcnts, profoundly yerScd in actuarial mys-
tcrics, 4 proficient underwater. and full o!
energy, talent, and promise. The Board OF
Directors includes many names eminent III
the business and financial world, but so far
from being merely ornamental, there is not
Que OF them who is not watchful guardian
Of the company's safety, and Il Jealous, ac-
tive. ard efficient promoter of its advance
mcnt. Their vigilance and sagacity have
borne the most excellent fruit"
We will only add that the office OF the
company in Richmond is No. 902 Main
street, next to the corner Of Ninth.