The weekly Panola star. [volume] (Panola, Miss.) 1857-1881, 1869-04-03

THE SOUTHERN LIFE INSURANCE CON.
pAyY-ATRgE THAT BEARS FRUIT.

THE SONThtHN htfh f~NH'hnNt" s'"
pAyY-ATRgE THAT BEARS FRUIT.
Among The encouraging signs ofthe tlimeaa as
marking not only more rapid progress Of civ
%ilixation, but a steady recupcration Of the South,
Ia the intrest taken In the matter Of life insur-
snee, especially as concerns Southern corpora
tons, which have struggled against the demon
allied condition Of business and society pro-
duced BY the war, as well rs against the sharp
competition Of the wealthy corporations Of the
North, and are now, with the return Of prospcriiy
TO our section, In a condition to challenge uni
yersal respect and confidence. Indeed nothing
but the s%trietest integrity, utmost diligence and
most skIllful management could have led to q
rcsul, 80 astiering, when We consider how many
immense enterprises were started and have fall
ed since the close Of the war. As an instance
Of this marked rccuperasion Of home interests,
we refer with no little pride TO the Southern
Life Insurance Company Of Memphis. II was
! organized In July, 1856, and started on Q capital
ofs7oo, 900, since which time Il has paid : l42,o 900
TO orphans, widows aud heirs Of deceased policy
holders, and has nov assets amounting 10 over
500, 00a; while the rates Of It's increase In bus
/. ines Is such AZ would be erediiablc TO the
! wealthiest company In the country. Its hrst
! President was DR.. O. W. McCarn, one Of the
most accomplished hnanciers and insurance
, men ofthe West and South, by whom the new
corporation was managed successfully untii he,
with others Of our best citizens, was suddenly
, cut OF BY the terrible epidemic Of 1851. The
present presiding officer isAmosw Woodruff, Esq.
whose equally able management, assisted by
Bon Msy, Esq, who has been Secretary sinc'
Its organization, and has been well and fasora
bly, known 10 Memphis mercantile circles 70
years, the company has continued to prosper
and has been brought finally to that high poin
OF success and standing that enables n 70 com
pete sharply with institutions, resulting, II !
alleged, in efforts and misrepresentation ealeu
., lated to stir up distrust and prejudice, and u
Is the face Of which Il has advanced 10 a mamie
:. that would be surprising even had no obstacle
been thrown In the way. Indeed no better e'
idenee Of lis vitality and solidi,y need be pre-
Q sen,ed than the names Of is officers and dire
n tors, gentlemen who would not eounsenance an
enterprise or institution undescrving Of conf
dence. In addition 70 the gentlemen narns
above, msntion may be made Of Thomas A. Ne
son, Esq, late President Of the Memphis Chan
"a her Of Commerce; r. s. Davis Esq
NJ President and O. p. Norris Vice Pre-
40 laens Of the First National Hank, oar leadil
AZ monsysd institution; 3. Q. Brnkley, H
President Of the Memphis and Little Rock Ra
road: Colonel Frank White, President Of
=. Mississippi and Tennessee Railroad he>rs.
: Kor.rechl nccunny, Partes, Torenss, =
Others Of equsl celebrity In financial, msrcans
- and professional pursuits, while that eail'
soldier and true gentleman, General J. B.G'
M don, Of Georgia 10 At the head . fine insers
Ia Of The company In that State, with such III
l.. trious men as General Wade Hampton, II
Robert Toomhs, Ben. n. Nm. A. Auzsell, Al
n. N. Stephens - Thomas, Res.J.L Pea
and other stockbolders ~ ha sureiiss I
! reader has only 70 glance Al these names 70
convinced Of The responsibility Of the South
:. Life Insurance Company, and then 70 be
70 minded that /, b II trees which bear fruits I
mas stones are commonly thrown. The odseeu
'er. directors Of the company hare long bssn d
act .isea With Nsmrhis interests and arc am
Ing our breuoss citizens. They have too N
70 reputation aud credit to rake In anything
Ing Il mol Arss elias. Hence The Seashsra
act insurance Company mag lay clsin 70 thai =
the II %, then Il d entitled 70 universal conhds1
cen II 10 furthermore a home iasl,sasioai ~ "a
ex- ssp are closely saiwiaed with those rcmns
on Memphis; Ia s&minr are invested here;
n of caaeers and disveserz arr msnof he soashi
Eng lived here and expect 10 die here; and \
IS therefore, peculiar claims upsn the the p
cfnsmphis asd the sossh ssnsnIy-si
Il does not prsss however, vi'Aoes "a
!. eaurl indsc<measz with sny company \
OF South. II insssss % every approved
phis including The snde~meas syssen, and ON
PARTIES desiring y iassss he eptios u p
I'll cash as part Ia ths way ~efPsniuns-
aged with ability and Nth esonomy, heA
the fss better inducements sssa seme comp
To cur readers In he eoanisT. We ~ "
will xsmphi. Or Whatever information may =
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n.assos street. n sersu = sAs 80
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