New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-03-12
THE DIVIDEND DECLARED JAN. !, 1870.

THE DIVIDEND DECLARED JAN. J, 1870.
In connection with s ANNUAL IepoT. Of The CODpaDy ssms
proper present asts and sIpanaton regard to the Dtud'
and Dbe Surpus Of ;be euri shat the poeJ holders aud
agents otbe Company may only enceId tie actual fesns OF
their OVID policies be able 70 form intelligent comparison Hh 'b
uortiug Of other Institutions
tn. importance policy boders Of having fair ANNUAL CASH
DIVIDEND conceded when state that on al pay
premiums extending over tseuy IhTshhsi Al
PER CENT amounts than tue total premiums asns A
time Or very number Of the Companies make oh are able to
upon the annual cash plan Of the NE"iohh
LIFE These ddebd, annually tbs date Of each POLICY aher
t tt premium be use, each payment Of premiums or Tier
rev'"Bary value ADDED to 'bs onsu. smoantInsned ."
PAID Up POLICIES"
IL, dividend. thereafter eaa the 'mount Of
the to being ANNUALLY increased tterebs at the option of'b'
srr .u be received easL-hus becoming annuity d0ps Life The
On 4oul, policy holding good the tine and being
psyaI Death Of endowment policies at such tine is they
may mature
III, policy holders cbe Comysn lave ssn this the ,asae
or OF Euosg 20 em the beet ac largest
auuua dividend made ty Liz Insurance Company The uped
STATES
Every dyideud on evy policy larger an, preceding
year and ii coupled With the spnd percentage Of TIE Dividends
believe be peculiar to this sound old institution
have not sketches oi seas dividends al the d.
ages well various forms Of poces bot for Illustrations
present he following statements:
DIVIDENDS ON PLAIN.LIFE POLICIES.
g the age Of "a for example range 20
per year and cent the second to 20 cent
the older policies Pces sbb Gil tie dividends have
been previously used Or drawn.
The equivalent Of about 80 100
per payments Of premiums bad
average percentage dividend therefore
equ. tbau annual dividend by any New
Llori Company.
DIVIDENDS on "TEN-YEAR LIFE" POLICIES.
This and yore Pan Life Insuncs originated BY tho
Life IBssBee Company d the memhers Of tue Coup'0
who adopted congratulate themselves the substantial tu
Viii
year. ago they e1nd far less promised
been made are. the ten payments"
completed The @ cash dividends thereafter
bave irged from al TO cent ca'h OF the policy pemaa
payable cash added poe, at the discretion Of ibe ovse
The premiums add the @ d thereon hsps be'a paid OF added
policies they will hereafter sh. 10 tb. anDDA Distribution Of The
Company and hoa the members avs re dividends ADDED :" ihe
policies they VIII probably double treble IN size secocps we e
attained by the insured.
Of middle adds 10 bis estate st death"
premium Of from $500 10 f4oO
num- for ten only thereafter suuaa cash dividend
be makes nvestment that rarely quAed human sfas The
estimated that the subsequent cash dividend such
policies will exceed the total amount Of cash premiums the Company
the assured has attained his expectation Of life
that his outstanding policy will have cost only the interest on bic
bile they remained With the Company Of course such results
ara only by PURELY MUTUAL Company that
hvoabIy for Its member, as the FsrYOr Life.
DIVIDENDS ON ENDOWMENT POLICIES.
Equally favorable results n sserp Q these
No endowment policies having will cBy remark that the
SsaYork Life has for paid and paying TIKI BEST
INTEREST OF ANY COMPANY than double that Of
Tan.s stock and mixed plans which Prominently advertised
Thus proved that whether person lives dies policy In tho
New lOrk Life "a good investment With the advantage all
others Of previous death, the intended savings Of Ie
yesrs realized at
And by this 'o;e endowment PLAN only "iDsns his
lie" Necessary support Of b. family but
provides for himself competence lbos. sbeO health and
strength naturally decline
The Above example. average Illustration Of the rs,
nv the The
Fundamental principles contribution plan Of dividing surplus
ug give every equitable proportion bis premiums
have contributed thereto.
A PURELY MUTUAL CONCERN me the New York Life, Gao
premises about future dividends With equal
sdty they depend mauly upon
st.t ofintersst and the mortality Of members Bot The
SOLID STRENGTH AND SECURITY OF THE
COMPANY
Is tie bee, guarantee that can b. given.
Of the future may be formed from fact that The
reinsurance hUd still calculated upon the old assumption Of
Of interest and BY regarding premiums
only Bu, the reinsurance fund Company reduced according
to tie noas calculations Which less In the dr'bs
surplus would be largely increased viii be BY Tie fOo-iOs
suits
The premium reserve
Al :. per cent sG22@2 81, leaving d,sSs 'arp'., Of
42B795D %
At Pc, cent. Is es2a7G,s -, leaving s,.ts .uplO. Of
s3o63ii6 q.
Al per cent Is sSi43s7I So ,.vOs dvutl. ,aplu. Of
silsssis 90.
The actually BY Company lat reserved
tn?l9eR e6 leaving Invisible surplus Of sle1O7ao r.
Bot e future past the Trustees and onesr Of the Com
psry mipd Of the committed to e care viii uutonb'
,dy recognise AMPLE SECURITY the consideration Ia
Life assurance and neither IN form amount. will any dividend 10
declared Incompatible With that principle
JAMES n. RHODES,
GENERAL AGENT.