Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1871-03-14
North Western Mutual Life Insur
ance Company.

To such grand proportions has
the North Western Mutual Life In.
surance Company grown that its an.
nual elections are events which at.
tract attention in nearly every State
in the Union. And since its Head.
quarters are in this city, it is quite
natural that the policy-holders who
are to be found throughout the
country, should look to the press
here for some details in reference to
an Institution of such magnitude.
We have before us synopsis OF
the annual report of the Company.
From this appears it has over 49,
600 policies in force, with assets of
nearly 100000. When we con-
slider the fact that this Company
has little more than passed its first
decade, these results are truly aston
ishing. Nor does the wonder d.
minish when tits remembered that the
organization had its origin in a com
paratively new section of country
and in this brief space Of time has
grown to be a representative institu-
ton Of the land. Ii is but another
evidence of Western enterprise, and
that its Headquarters are located in
Milwaukee should be matter of
Just pride to its citizens.
1t appears further from the report
that, Notwithstanding the stringency
of the money market and partial
failure of crops in many localities,
1871 policies were issued in the
year 1870, covering insurance to
the amount of SIC, 594, 033,23 The
receipts for the same time were SO,
go, $40 OF. OF this amount 81, 400,-
600 has been invested upon bond
and mortgage with real estate Sc
curity at 10 per cent interest.
Ii is a notable fact that Eastern
people are approaching the advan-
tages offered by this Company, for
its work has been extended into al
most every one of the older States,
and each one Of them has a fine show
ing of insurance business with the
"North- w est" Particularly is this
the ease with Pennsylvania, which
makes the handsome showing of 81, :
900, 900 in risks taken during the
last year.
The most ample opportunities are
afforded policy-holders and the pub.
lie generally by the management of
the Company, to become acquainted
with its workings. Detailed state
ments are put forth from time to
timo in order to enlighten to the full.
lest extent all who take an interest
in insurance matters, in regard to
the Company's business, and espec.
tally that policy-holders may know
the grounds and confidence they en-
Joy in the institution. If other sim.
liar organizations are chary of the
information they impart, it is the
boast of the "North- w estern" that il
invites the closest scrutiny into all
matters pertaining to its manage
ment.
Inasmuch as no one has lease oil
life and as it becomes all to make
provision for the family which may
be left in the event of death, it is q
good question of vital Importance to
those who insure to ascertain what
Company has the most to pay q dol
lar with. The exhibit ofthe "North.
Western" is that It's great capital is
80 admirable invested, and the re.
serve is so ample, that should the
time come that but per cent inter.
est could be realized for its invest
ments, there would still be an abun-
dance wherewith to pay their losses
Gould anything speak more eloqu.
emily in favor of the management OF
this Company?
The old adage that mo physician
takes his own prescriptions" probab.
ly contains as much truth as any OF
its class of sayings; but for once il
appears to have been throughly dis
proved, for Immediately after the
last annual election the general and
special agents of this Company took
$4,000 of additional insurance on
their lives. Certainly no man ought
to be more thoroughly informed as
to the staunchness Of theNorth- West.
ere than they, and they show their
faith by their works.
The career of the Northwestern
Mutual Life Insurance Company
has been a splendid ope hitherto
and the promise for the future seems
to be still more fattering.-M ilwdu
kee Sent incl.