Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1869-08-10
A Weird of Advice.

1t is always with pleasure that we speak
Of the Equitable Assurance Society, for
it is one of the most wisely devised and
truly benevolent institutions of the kind
in our land, its progress is unparalleled.
having done ffty-two millions of business
in single year, and its cash assets are
now over ten millions, and cash annual
income over six millions. If you effect
your insurance in this Company you get
YOUR insurance at cost, as the Company is
purely mutual, and upon the contribution
plan.
The records of the insurance department
show that wealthy men as a class take
policies in this society for the purpose of
investment more than in any other Com
pany. This is proved by The fact that the
policies of the Equitable average much
larger in amount tl.an those of any other
institution of the kind in America. We
would advise our readers to look well to
their interest; examine the records and
workings of the Equitable Life Assurance
Society of the United States before in
vesting in life insurance, which has be-
come so popular in our country and
ADORE all, insure in purely mutual COM
pany, for it is only in these that you get
your insurance at cost. +"
"Thc object of the Equitable is to re-
tain among the members themselves the
whole benefits arising from their premiums.
1t is plain that, by this method alone, the
public can derive the entire advantages
which the present knowledge of the SCI
ence of life assurance can confer. That
knowledge enable men of integrity and
intelligence to give the community every
profit which can possibly arise from life
assurance. If any cavil can be made
about the rate Of premiums, none can
possibly be made about the just apprcpria-
ton of the accommodations until it can be
proved that it is more beneficial for the
assured to take part, rather than the
whole Of bonuses and SURPRISES. The In
surance Guide and Hand Boot, London,
1868. ta#
We would say to our readers that the
value of the stocks Of all well-manager
Stock companies in England, during the
past years. has run up to six or eight
times their par value, while the policies
never increase III value. There can be
but one explanation for this, namely,
that there We're large profits in the bust.
ness, which ought to have been, bit a0ert
not, divided among the policy holders
who contributed to produce such profits
"But the great objection, after all, tc
the Stock Plan, lies at the foundation o
|
the system. After a man becomes a pc
Icy holder in Stock Compay, he has M
favors to expect from the Stockholders
Their interests are dianetrcly oapposet
to his. The public demand that the
money shall produce something for them
selves, st. Adams MtSsen, en-.
1--WE are not surprised that the Equita
bic makes good show. 1t has surpass
ed all companies ofits age."-Tribune.
"No other Life Insurance Company il
the old or new world has ever achieve,
such complete success within a simila
! period of time."-WaH Street Under
acriter. gH
1--WE have insured our own life in tn
Equitable Life Assurance Society Of NeN
} York. We should select it again if W
were to choose again-Becchcr in ~. J
5 Independent,
/, II. G. BARNnuM, Agent for Lahiotllc Count,