The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1869-02-19

The abiact of this Association is TO secure 4
cash payment within forty days after the death
of a member Of as many dollars as there ara
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
TOR Ichieh certificate Of membership toM bI
GIrRiShed) and one dollar and ten cents on the
death OF each member, OF which due notice
will be given. One dollar from each member
goes to the widow or heirs of the deceased men,
Der, and the ten cents for expenses Of collecting.
This Company is divided int TEN GLASSES
FOR MEN and TEN CLASSES FOR WOMEN.
As soon as these classes are filed. ten new
Glasses will DO adopted. Men and women are
not allowed in the same Glasses. Everything
done to make each Class equal.
CLASSES.
A-An persons between the ages OF Is and 90
BAH persons between the ages of 90 and IS
years.
C-An persons between the ages of IS and 30
years.
Dali persons between the ages of 30 and IS
E-An persons between the ages of IS and 40
years.
F-An persons between the ages of 40 and IS
years.
G-AIl persons between the ages of IS and so
years.
Hail persons between the ages of so and IS
years
I-All persons between the ages of IS and 90
years.
K-Nl persons between the ages of 60 and sS
years.
The Glasses for women are the same as 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 lin.
tied to $1,000 members. Each person pays IS
upon becoming q member, and Sl.l0 each time
member dies belonging to the same Class he or she
may be q member.
4 member of one Glass cannot be asseSsed this
dollar II member Of another Glass dies. Each
Class is INDEPENDENT, hduin5 no connection tcith
any other.
Glass "a" has 5000 male members. A man dice.
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 reim-
burse it. Failing to send this sum they forfeit
to the Association all moneys paid, and the As
ISOLATION supplies a new member to fill the place
of the retiring one.
ADVANTAGES.
The advantages of this Association over ordi.
nary Life Insurance Companies are: No panics
can break it, the fees are so small, and required
to be paid at such long intervals, that any man
death.
HOW TO BECOME MEMBERS.
IAny one desiring to become member may
apply in person, or must send Sc, in check, bank
draft postal order or by express, the eNpressage
being paid by the applicant. Under no cireuM-
stances tciH The Association be responsible for
sent but in this i0Gy,. Accompanying the
money must be paper giving the applicants
full NAME age, birth place, present occupation
who the policy lie in favor Of, postoffce address,
town. county State. ALso a Medical Certificate,
setting forth the physical condition, and wheth.
er in the opinion Of the doctor examining, the
applicant is n proper person TO be insured:
Blank forms of application for membership Will
be sent upon application.
Each member ought 10 try 20 make nslC members;
Jv so doing he benefits himself. 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 new nom.
bership fees shall DO made a sinking fund TO
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 value Of the money so loaned.
THE FUNDS.
The remaining two-thirds, 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
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 previsO 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 forfeits all money previously paid. In
the Pacific States this time is extended 10 sixty
days A member having no permanent resi-.
dence must notify tho secretary, and appoint a
to pay his fees.
when members choose they can send ten do
lars and fifty cents TO the treasurer 10 prepay
their fees, which sum will pay for ten deaths
thus saving the trouble of sending sllD each
time besides a saving Of fifty cents No man
is so poor that he cannot pay 81 now and clio
thus securing 5000 to his heirs.
The average number of dollars each person will
have to 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-siTth
what they would have 10 pay any regular nBu.
rance company for 5000 policy.