The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-03-07

The Continental Life SnsurDnce Com
mann OF .Nrr l0rk-Hs Rapid Rise
and u 0uderiuf Prosperity.
The extent of the public appreciation Of the
advantages of life insurance cannot be more
conclusvely demonstrated than in The rapidity
of Its growth-as developed In the annual state
ments Of Il c companies. From doubtful ex-
pediency. il has become a recognized inexcus-
able duty.
From questioned stability it has established
for itself an admitted scientific foundation OF
financial sohdlty, unexcelled, If equalled, by
any other financial institutions OF the world
known and recognized az such by the most IN
telligent and responsible fnaDcers OF the
countr1. Ii is the main dependence Of the
prudent of the country-over five million OF
our people being directly interested in its pros
penty, and the unquestloned Intimate soiyeDcy
OF the companies he who, by word or act,
falsely disturbs that confidence, is all enemy to
society. 1t isa pleasurable duty, therefore,
when we speak in commentator OF the pIos-
perity of any company knowing that life IN
surance dives away the demands OF the wolf
from the door OF the widow and orphan, after
the master and provider has been removed by
death
The wonderful success of the Continental
Life Company was doubtless much indebted to
the eminent practical experience, honorable
dealing, ana untirlng energy Of Mr.. Lawrence.
The rapid increase OF the multiplicity OF duties
and financial responsibility connected with the
Office OF President Of the Continental doubtless
FASTENED lbs premature death.
During 1872 the unprecedented prosperity of
the Continental Life Insurance Company is
demonstrated by tho fact that 1000 new poll
cics we're issued, covering 1872, 715, 925-of new
insursnce-and that the receipts were s3,15S,-
1858, Is our readers are doubtless well
aware, by tue special insurance laws OF nearly
all the States, a sworn description of all poll
cies III force with minute description also OF
the nature aud character OF ali tie assets OF
the companies, Is required to be made out TO
the States respectively IN which the company
does business, from which data the Insurance
Departments OF these states calculate with
mathematical correctness the precise amount
requisite, which, with the future premiums. all
increased upon tie low rate of four per cent.
interest, for safety-pot of necessity-wil en-
able sle company al any time to reinsure all
ita risks III any solvent company, or meet all
It's policies of maturity. To meet this require
rnent the Continental officers, on the hrst OF
January last, have set aside $3.50, 27S for the
"res erve" or reinsurance fund, and S149,700
for reported losses, being a surplus OF S340,
223.65 over all liabilities, or, after paying off
the capital stock OF 100000, net surplus Of
S24O, 223.S5.
The standard of reserve" adopted by this
company is the highest known by the laws Of
any OF the States-four per cent.-and when
the fact Is recognized that Elk or seven per
cent. interest is realized some idea OF the profit
from the excess OF interest realized over that
calculated may be formed.
And here we stop and consider these truly
wonderful figures.
company, IN little over six years, having
rol cd up TO the surprising figures stated, nust
DO SAID to have been wonderfully successful,
and may truly be cassed as one Of the leading
life insurance. companies OF America.
Poicy-holders will find their sacred interests
regiCusly guarded and the future prosperity
and efficiency OF the management Of the COM
pany guaranteed through Mr. l.. w. Frost, the
successor OF AIR Laurence deceased. 934t2
JOIN l.. HARRISON,
DISTRICT Ag't for Van Buren, &c Allegan Cos.