The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-08-08

.,..,,o,~.,LIFE INSURANCE: ,,,,.......
former viii certainly grow 70 The dimensions tho asrl
| they are no, Simultaneous
Iconclusion of The report Of the rrefss'oraI
We are Of opinion, after very careful and mature
sidsrsuop that The mathematical principles which properly
rnlse the bu.ness Of life assurance haze tssn ably
iud.slousy md Conservatory applied IN the opsraons
your company and that so lang they shall continue 70 b.
thus applied the, canno. fail produce results which must
give you tho strongest possible SLAIN public confidence
Very respectfully, your obsdient servants,
cEsoed) WILLIAM q. c. BARTLETT
Professor Nat and E,pl Ply
ssu.0 A. q CHuRcH.
Professor Mathematics
Two highly Interesting letters from superintendent sarnss
printed entire In this report. from of which. ssss.
Ing date July u. 1852 we max. the following o..r.c.,
Hon. J. v. L. PRuyN. Chairman Of Committee, Ac.-.
NJ DsAs sls-In reply 70 your Communication have no
hesitation in saying tina. believe the general
the Affairs OF the Mutual Life Insurance Company Of New
York 10 be aound discres. judcoul Indeed no such
institution that which surprises the actuaries and as
uscians Of could have been built up under
any other auspices This company has for many yea been
the representative Life Insurance Company Of tho tssd
States and with it, failure the whole sysism b.
this country Intimately connected Had this eompAhy
failed or been msmanaged would have injured every osh
sipar institution Its splendid success unparalleled p Ghs
history Of the business In any country has buoysd u ana
sustained Of other companies which have already
tered promising careers Of success and usefulues.
Ineed not say to YOU with your srsa. knowledge and e.
psencs 10 financial corporate AFFAIRS that any attack
on your Company simply attack on the whole businss
Of Life Insurance.
I am, cir, very respectfully, your obedient servant,
(sgned) WILLIAM BARNES
The Report Of the Committee terminates foows:-.
We may say, weirust without presumption thai the Musua,
Life Company of New York presents Prov.
dsnce hshss. security its kind which our country can
give and that it, honorable record thus far In 10 history may
DO received as an integrity and good faith IN
the future.
The committee consider due to the omesn Of The
company to make few remarks In references 10 liz manage
men. However well may .bsorizs sound business r..
suits must out BY faithful agents The committee
arc ssned 70 express their confidence in the fidelity and
ability Of the Vice President aud Of the subordinate ocsrs
Of the company and their appreciation Of their attention and
devotion their respective duties The ability Of Ne
Acuasy has been warmly spoken Of report Of Pro-
fesso Bartlett no more need b said in ~
gard 10 that Officer.
reference the President they desire to remark THAI
since his lion to that office, hs has devoted busInso
talents and energies Of high order to Ito very responsible
and laborous duties For the nssn years he has an
nuay been unanimously elected to the important place b.
holds No among has be win
the progress and the his abors He began lin
duties when the company the feeble condition Of
childhood Now, ma.urer days, he finds II, In the
language Of the Superintendent Of the Insurance Depart
ment to be "bc leading Life Insurance Company Of the
world"
This H. In large measure, his able MANAGEMENT
and to bis untuing devotion to It's in,eres.a
The the highest achievement he cou have d.
sired.
All which is RESP ectfuly submitted.
JOHN v. L. PRuYN, Chairman.
WILLIAM E. DODGE, l
HENRY E. D4vr,.
OLIVER H. PALMER
DAVID HoADLzY,
orrIoR or THE MUTUAL LIrn INSURANCE COMPANY
OF NEW YORK, July n, 1859.
No policy holder in the
MUTUAL LIFE INSURANCE COMPANY
OF NEW YORK,
other interested in the subject Of life insurance.
should fail to procure q copy Of the complete rspon.
The company will furnish by mall or on personal applcs
tion
THE MUTUAL LIFE INSURANCE COMPANY
OF NEW YORK.
=. S. WINSTON, President,
ASSETS OVER Ssaooo,Ooo CASH,