The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1869-04-17
From The Norshwestsrn Review. March Is. 1873.
The Chicago Life.

trades.
From the Northwestsrn Review. March Is. 1873.
The Chicago Life.
among the most promising Of Western Life
Insult ancc Companies Is the Chicago Lille Insur..
anoe Company. We have had occasion to refer
to tlis organization IN previous numbers Of the
kevie-., because We haye believed that Il was
based upon principles that would eventually
raise che company to a position Of first class
attainment 1t has been shown that our esti
nation Of the company and its resources vas
not III founded or wrongly placed, and II gives
us pleasure " know that cur expectations re-
EIriag il are becoming gradually realized.
fhis i seen id The fact that although the com
pany has attained little more than years ex
per.ence, the policy register now exhibits the
names ~ fourteen bundled policy holders,
many Of whom are solid and well known men Of
this city and other places 10 tie northwest We
have 10 hesitancy ia giving il a. our opinion
thai such m exhibit Is largely in excess Of what
4 usual ID new companies anywhere, and when
the opposition which has attached u western
500 NNtAtHNe "a lawn VI tsAoH~ 49, SHY NAeef ~
remembered, the achievements u the Chicago
Lille seem % merit more than "a ordinary a.
gree d praise But what may appear even
MORE crediuhle than the foregoing il the mag
uisude of dividends declared upon the FIRST
years busiuess We herewith illustrate thi.
feature " the compauy's position By actual data,
taken from H. books Uuder date 81 February
is., ths following dividends were declared a.
falling due 10 March and April, which may Be
uscd A Cash ia payment II The premiums then
Ealing due, o. to The purchase or additional
insurance, payable With The policy 1t muturity
"By thc distrbu Ut surplus fur the current
year, Lie policy ior $4,000, held " Leroy
Church, aged fifty five, on which the annual
premiam ~ sll5, was entitled on the fourth
d4y oi March. W a dividend Of ss4 III, TO be a.
p.yd "a tha payment of the second premium, or
tl the purchase 81 s59.Z2 Or additional insu-
rance, w the option 81 COW policy holder John
N. \ aPi,s. aged sixty, holds lie policy for
Sa lHo ~ which the Nal premium l. SSS4 NJ
-o, upon which Ne l. entitled, o. the ihe,nth
day ot April, W a dividend ~ Sl0s w, ~ BE-
used either il partial paymeu; 81 nest
premium, 0r " Gle addition of SI6O02 II
his policy wilson X. Nixon, aged fortv-t~o,
l0Ids policy ior 81 GOO, "a which the annual .
premium II $40 Upon this he viii 70 emit
ted, March III, % a dividend Of ISL O7, 10 " .
applied as above, or 10 the purchase Of SISSY .
ot additional Insurance. Andres >. GALLOWAY 4
eyed h.tytAree, BY the possession Of policy .
iar SCI GOO, upon which the annual premium il 4
-4ta 55, niil ae entitled, % tile fifteenth day of
April to p dividend ~ SIP ~, % fe applied a.
above, ~ " te addition " Sl40 79 ID Bis poll .
or Robert N. Galloway, aged twenty-five, \
holds policy lor slo,00o, upon which thc an
Dnl prrl um is Slasg0. Ou the seventce.. In .
iay o' ann. lr Weld be entitled to dividend .
a. Si9 ~ Ky apply oH the second premium Or to
tha purchase " SI54 additional insurance \
Henry n. Porter aged thirty two holds a ten
year liie policy for $4,000, The anEyaI prer ian
lpan which amounts To $3.50 Jn the
.ir -fFss dlv 81 March he wiIi Be
1atil-l y dividend VI ss2A2. u
bo applied 4s above o. W lily purchase ofSIGs- v
a) additional Insurance..
These igw instances II the pr5rre of tie .
company afford pleasing tcsumoay t1 its hieh
character Without try restrictions Or demands
ot au insurance paw, The Chicago Life has stead .
ly grown ani met ~. obligations, because estab- .
ishld upon 4 basis chat Qua bear vi inspection
lHl criticism. AMI TOW that Illinois b. law
regulating the business 0f life insurance, tie .