The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-05-28
INSURANOEs
THE NORTH AMERI N
Il MUTUAL LIFE INSURANCE COMPANY
PHILADELPHIA,
OFFICE, No; 432 WALNUT STREET.
IT'S MEANING AND HTSSTOR

lis MEANING AND HlSIOR1.
regularly organized COMPANY, whereby the latter
at death or at the expiration of certain specified term of
In view of this payment of large sum in the future
the individual is required to pay small sum Snnply or
red policy securing at his death to his family
This annual payment therefore becomes an inr,sme,
which in the hands OF udicious Company, rapidly ao-
cumulates to the advantage of the insured in
order that at his death-wheneyer that event
to those who would otherwise be left depen-
"en' " n'' GENERAL PRINCIPLES.
Many persons in considering the subject of Life Insu
Companies CHARGING such low premiums can afford to
OF at the eat6
propotonate to the amount Of the premiums received
upon fixed mathews principles that subject to
xed and inevitable law how many out Of every thousand
persons die at certain in each year it is matter of
CHARGED to the loss that certainly 6e paid
the cumulative power Of the Interest aocrains
from each payment each year, thus
adding to the nsnt assets Of the COMPANY.
panies is not used for speculative purposes but judi
consly invested BY competent finance committee in
invariably yield handsome interest.
The stability OF Life Insurance is evident from the fact
that amidst all the commercial revulsions and general
bankTnptcy that have at times swept over the land
and business firms it has been rare to find any Life Oom
scarcely proba Of failure il the Of premium
properly calculated and the income iudicously in,
subject :-"TEere is nothing in the commercial world
which approaches even remotely TO the security of a
well established and prudently managed Life Insurance
Lie insurance Company far preferable to savings
bank because it accompshes all that savings bank does,
nG sloS
pad 70 Il I'm e % life % the
0r to Ray % sgeT sun S h family aer h
savings bank easily drawn crafty pass
ing gh % or desire o is perhaps % and
into life policy it would have remained treasure TO the
attached or debt While life policy cannot be- i re-
quIes time for money to sccumuate in savings bank
time to accumulate itY And have not those dependent
uncertainties Of life they shall be protected from the
S an s 3 I % s
per cent the chance that home will burn during
not like fire S an but sure In
Life Insurance is based upon The universal law of
hfe or the pleasing assurance thlt our loved ones
will be provided for when we can no longer supply
Thousands of families are growing up whose sole
fptRe' Of the fathers life should he die the income
p t the nd%aEH of be Withdraw Of f
family made available perhaps IN widely scattered
will generally be admitted that the Divine word, "It
his denied the than
dnns bis ALSO to some provs0n for them after his
deah & Clearly be is not justified frnn in Saoulsng % upon
surviving wife and children And still clear it
that he has right to cast them burden upon the
public.
his WSiie he is v aots With greater force t
secure for them comfortabe subsistence after he shall
PnSs
has failed n sRd set III It S be toS late to ge
have made for them, Il death should overtake him
THE DUTY OF INSURING YOUR LIFE.
To a 'E IN
TO have your mind relieved from anxiety as to the
to
10 provide the means case OF your DEATH to settle
TO protect those 70 whom be indebted from
10 asst those CHARITIES in which you may be nte
rested to amount that could do in other
Psa few Leave
the contingency of del endenoe upon friends or the
Tnsa2e at once how long health or life may continue you
cannot know sick bed ever regretted that he
If YOU think you cannot afford to INSURE can you satisfy
yourself that family afford to be without the pro
"The time is not far distant when the death Of
will leave the stain of neglected duty upon his
1T is duty which to his own depend
Fisk the chance OF throwing the future support Of hi
Of bis the IN s at
ssFe to % % % R IN
NORTH AMERIGNM MUTUAL LIFE INSURANCE
aAssd 9s tse II al hat Is desirable in the
other older companies and offers insurance
Compatible nS and safety and poie
holders the mutual pan participate in the profits
the business. .
1t is managed by Board of Directors whose standing
in the community business men, and whose charac
integrity to justify the fullest conf
dence its affairs will be with that pru
dence and that the best interests of the
''fN''' STATEMENT OF ASSETS.
JANUARY l, 1870.
u s. le4e Bonds registered (market value). 5500
u. S. 8 20 Bonds registered .'.... 53,62l 8
u. s. $40 Bonds coupon, 1867, ...... LIFTS
Railway Passengers Company stock. 525
Philadelphia and Erie Railroad Bonds, ISL. 25762
Pennsylvania Railroad Bonds second mortgage. $3.50
Philadelphia City Warrants. ts................ 4t757
Mortgage. 10000
Call loan (secured by collaterals). 25OOO
Cash ION hand and in bank '............ 1859
Office Fixtures (cost) I550'7
Bills Receivable (secured by stock)......... 75DOO
Due by Stockholders (secured by stock).... $1,000
Premium Notes and Loans Policies ........ 5,g46o