The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1869-08-10
INsURING I'm AMY COMPANY.
IN PREFERENCE TO

l. 1t is 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.
2. 1t is purely MUTUAL WESTERN AND
SOUTHERN ASSOCIATION, with it's funds all
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 90.
ONE HUNDRED DOLLARS invested at G
per cent. for the same time will produce only
S1,s42.O1.
DIFFERENCE ,s97.Os.
Why should Western and Southern men nav
money to Eastern Life Insurance Companies,
to be loaned out by them at G to Z per cena.,
when the Life Association has largo demand
for it at 10 per cent? High interest insures
large dividends.
The LIFE ASSOCIATION proposes 20 tho
people OF South Carolina, as ehe has done to
all the Southern States. to make it a. HOME
COMPANY-that is, to invest tho money de-
riVed rom each State in the different States
'-om which it is collected. Money is very much
needed in the West and South. to assist in de-
velopinG and building up the commercial, ma
nufacturing, mineral and agricultural inter
ests; and as the laws Of New Yor!. and several
Eastern States absolutely prohibit their CON-
panies from investing money outside their own
States; and as these companies have hereto.
fore done large portion of the business OF the
west and South, and now hold many million
dollars belonging to the citizens of these Sec
tions-of 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 homo. The
| Association was 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 plan,
and feel confident that we can command the
influence and hearty cooperation Of the citi.
zens Of South Carolina.
BOARD OF DIREcTons.-John ]. Roe, Presi-
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; E. Q. Stanard, President Citi-
zens' Firo and Marine Insurance Company:
John How, Merchant, Director State SAYINGS
Association; c. s. Greeley, Merchant, Direct
or Boatmen's Savings Association; Amos Cot
ting, Director Bank Of the State Missouri; ".
c. 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 ID. Dameron, Merchant, Director Second
National Bank.
81 can be found, for thegprcsent. in the
Office H the COLUMBIA PnGN1x.
Reliable and competent agents wanted for
every County in the State, except Charleston
and Greenville. H. H. DALTON,
August 10 limo General Manager.