The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1869-03-01
LIFE INSURANCE.
LIFE INSURANCE.
$4,000 FOR Sc PREMIUM.
UNDER rHE AUsrlcu. OF IN.
M A NHATTAN
COOPERATIVE
RELIEF ASSOCIATION
Chartered BY the State of Nee York
ORTECT,

OBJECT.
The object Of this Association is 20 secure
cash payment within forty days after the deaf
OF a member Of as many dollars as there ar
members in the class to which he or she belongs
TO his or her heirs.
MEMBERSHIP FEES.
The membership fees are sir dollars at Joining
for irhieh a certificate Of membership VH
GITRishsd,) and one dollar and ten cents on tn
death OF each member of which due motto
will be given. One dollar from each membe
goes to the widow or heirs of the deceased men
Der, and the ten cents for expenses of collecting
This Company is divided into TEN GLASSE
FOR MEN and TEN CLASSES FOR WOMEN
As soon rs these classes are filled. ten neV
Glasses will be adopted. Men and women ar
not allowed in the same Glasses. Everything,
dsne TO make each Class equal.
CLASSES.
All persons between the ages OF IS and ?
years.
B-An persons between the ages of 20 and .
years.
C-An persons between the ages of Is and ,
Dali persons between the ages of 80 and );
years.
E-An perssuf between the ages of IS and 4,
years.
F-An persons between the ages OF 40 and 4
years.
G-An persons between the ages of IS and s.
years.
Hail persons between the ages c: 90 and S
years.
I-All persons between the ages of IS and O.
K-AIl persons between the ages of 60 and 6
year,.
The Glasses for women aro the same as above
Any one that is found to give his or her az,
wrong will be expelled, and the Moneys paid
forfeited to the Association. Each Glass is linn
tied to 5000 members. Each person pays .
upon becoming a member and 81 10 each time
member dies bsl0Hyiay % tie same Class he or sh
may be a member.
4 member Of one Class cannot BE- assessed hi
dollar u member Of another Class dies. Edd
Class - INDEPENDENT, hdring 40 connection ir'b
any other.
ILLUSTRATION.
Glass "a" has 5000 male members. man dies
The Association pays over within forty days
$1,000 70 the widow or heirs, and the remaining
members forward within thirty days one dollar
and ten cents each 10 the Association 20 REIN,
burse it, Failing 20 send this sum they forfeit
to the Association all moneys paid aud the As
ISOLATION supplies new member 10 oil the place
of the retiring one.
ADVANTAGES.
The advantages of this Association over or,li.
nary Life Insurance Companies are: No panics
can break IL the fees are so small, and required
to be paid at SUI h long intervals, that any man
can secure TO his family competency upon his
death
HOW TO BECOME MEMBERS.
ANY one desiring 10 become a member may
apply in person, or must send 80, In check, bank
draft postal order or by express, TIE eNpressage
being paid by the applicant Under no eireu1n'
stances iCiH he Association BE- responsible JOT
tnOnsys sent but ia this icdy. Accompanying the
money must be paper giving the applicants
full name age, birth. place, present occupation,
who the policy T. in favor Of pOstotiice address,
town. county, State. Also Medical Certificate,
setting forth the physical condition, and wheth.
or in the opinion Ol the doctor examining, the
applicant Is a proper person To be insured
Blank forms of application for membership will
be sent upon application.
Each member ought 10 try 10 make Rcio members;
5y so doing he JeneRtS himSeG No letter wall 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 - new mem
bership fees shall be made a sinking fund u
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 OF
Real Estate, or bond and mortgage upon New
York city property, which property shall be
double the valuo of the money so loaned.
THE FUNDS.
The remaining twothirds after paying the
expenses of tho Association, shall he invested
in Real Estate in the city of New York er In
bond and mortgage on property In the city
New York the interest of which shall 20 to pay
the current expenses Of tho Association. IL a
deceased member leaves no heirs .he money
becomes the property Of the Association. with
the prsvisO that the expenses Of burial shall be-
paid out Of such funds, said expenses no Never
not 10 exceed one hundred dollars.
A McISber failing 10 pay his fee OF one dollar
and ten cents within thirty DAYS from date Of
notice fOrieits all claims upon the Association,
aud also t1rieits all money previously paid. In
the Pacific State, this time h extended 10 sixty
DAYS. member having no permanent fcli.
druce must notify the secretary. and appoint
to pay his fees.
When members choose they can send ten do
lars and fitv cents 10 the treasurer tO prepay
their irrs. which sum viii pay for ten deaths,
thus saving the trouble OF -uuding clio each
time. besides a saving Of CITY cents. No man
Is 80 poor that be cannot pay iG now aud tl.lO
occasionally. thus securing 5000 e. his heirs.
The average number Of dollars each person will
have to pay to secure $500 will be- sJU per ear,
a little over fifty cents per week. This makes
this mode Ot Insurance cost about one.-iNth
what they would have ~ paw aHy regular iusu-
rance company for sJJDJ policy.