The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1871-06-15
The COmtfmen Life Insurance
Company, OfNeW Work.
From the May number of the Chronicle,
Chicago.

From the May number of the Chronicle,
Chicago.
Who has not seen that singular device
a sturdy and resolute soldier, clad in the
traditional uniform of a "COntinental,"
making his way bravely forward through
the SHOWS of Valley Forge, his face as stead
fast as ifcut in flint, and yet luminous and
hopeful, as, indeed, it we'll might be when
sustained by such lofty faith {! And who
that has seen it. does not know it to be the
fitting type of that enduring fortitude and
strength, that sublime confidence in the
cause and in itself, which has pushed for
ward amid all discouragements and over all
obstacles, the Continental Life Insurance
Company of New York?
1t was happy thought, the adoption of
this device; and well has the Company
earned and established a clear title to it,
The history of this Company is a story of
marvels. Organized May Sd, 1866, it had
after only seven months of actual business,
lite, on the 3lst of December, 1866, issued
1.455 policies, insuring 81. 800. 500, and re-
ceived in premiums the splendid income of
$40, 500 S4-a result unparalleled in the histo-
ry of life insurance.
The Company has just passed the fifth
anniversary of its organization, and already
it stands before the world one of the most
powerful and benefcent institutions of the
present age. During the year 1870, it issued
1857 policies, a gain of 30 per cent upon
the business of 1869, !. d the largest number
of policies issued during that year by any
life insurance company in the world.
On the first day of January, 1871, IL had
accumulated solid assets to the amount of
81, 800, 235, was enjoying an imperial annual
income of $2.l2S,2 POI, paying out in 1870, to
the families of deceased policy-holders, no
less than $3l6,S40 and to its living members
in dividends and surrendered values, S4S2,-
694. Its total number of policy holders was
at that date 32,4O0, and it had agreed to ac-
cumulate and pay to them and their heirs,
the enormous sum of $5i.5l6,95S.
For them and their heirs, this trust, which
the "Continental' has undertaken to adj
minister is magnificent one, and magnifi-
Gently does the past history of the Company
demonstrate its ability and fitness to admin
lister il.
Life insurance is serious business, and
the man who deprives himself of present
enjOyments to secure his loved ones against
possible future want, has a right to know
that the trust he has confided to others will
be faithfully discharged. He who, in the
exercise OF prudent forethought, conndes
that sacred trust to the Continental Life Ia
surance Company of New York, may be
abundantly assured of this. The proud re-
cord of the company in the past-its pres
ent financial standing-the character of its
officers and managers-and the accordant
voices of those to whom its benefactions
have come like the dews of heaven upon
parched soil, all attest this fact.
| The value of such institutions az the
''Contineutal'' to society and the State, can
i hardly be OVerestmated. 1t sets i'm motion
every day conservative forces that will oper-
ate for long years to come in binding to-
gether families, restraining children within
the sacred influences OF home, strengthen
| ing those social and domestic bands that
after all, are the strongest supports of the
State.
The stream of its beAefactions, Issuing
constantly from an ever-replenished foun-
tain, each year make glad hundreds o.
homes and thousands of desolate hearts
and gathering force and volume as the year:
roll on, will spread into an overwhelming
river of gladness. upon whose bosom the
hopes OF millions will yet be borne.
When all the officers, managers, and
agents of a company are so conspicuous fol
their devotion to its interests, and theil
united labors bear such abundant fruit, il
seems almost inyidious to mention any one
of them. But we should do injustice to on'
of the best life underwriters of the age, die
/ we omit to mention, when speaking of the
| triumphs of the CONTINENTAL" the name o.
Justus Lawrence, its distinguished Presi
dent.
To his rare ability, sound judgment ant
almost resistless energy, is due the greater
portion of the company's success. A if'
underwater is born, not made; and Mr.
Lawrence was endowed at birth with quail
tiles which the constant discipline of ACTIVE
labor haye developed into genius for tn
business of life insurance. He it Is who ha
laid the foundations, sprung the arches, ant
established the economy of that splendiC
edifice. the Continental Life Insurance
Company, which seems, as it advances iron
year to year, to realize the splendid imager,
of the Apostle, "a building fifty framed TO
gether, growing" built of solid and We
elastic materials, as if a granite tempt
should grow with the vigor and vitality o
a stately elm.