Los Angeles daily herald., 1874-11-01
Annual Report Of the Secretary Of the
S. c. Mutual Aid Association.

The following extract Is taken from the re-
port OF the Secretary, L. NJ. Holt, to the an
nual meeting of the members of the Mutual
Aid Association held on Tuesday, October
27th, at the Secretary's Office, in this city:
The growth of the association during the
past year has been very satisfactory. About
eleven months since we adopted the Bylaws
of the Association, and commenced work
| The year has been q prosperous one, but until
| the last two or three months money has been
sctirce, ssofu5 e-v~.y-eers. atrrc
and save their crops. AS soon as they began
to get returns for their crops money matters
became easier, and the people felt more In
clined to look out for the future. The result
is that about two-fifths OF our entire member
ship has been received during the past two
months, and applications are now coming in
at the rate OF sixty per month, and this rate is
on the increase. f4
The association Is ont of debt, has nearly
fourteen hundred dollars at interest and mo-
ney in the Treasury. Our system of work has
become fully established and has received
the full endorsement OF the law at the hands
of the last Legislature, and the almost uani-
nous endorsement of the people.
The Mutual did has been issued regularly
each month during the past year, and has
been nearly self-sustaining. The small def
cheney IN The Mutual did account occurred
during the first part of the year; the paper
now more than pays expenses.
During the year the Association has secured
large amount of work from taveling and To-
cal agents on light commisslonsr-the total
amount of commissioos paid averaging only
about 81 rs to each member. After the Asso-
citation becomes nearly full these commissions
canbe reduced, but for the present we must
have canvassers, and less pay will not secure
them. 7nsa ailHr H'thP
The'Association has been firmly established
in the counties of Los Angeles, San Bernar-
dino, Ventura, Santa Barbara, Kern and Tu-
lare. and members are also to be- found In
San Diego, Merced, Alameda, Humboldt and
Butte counties of this State; also, In the States
of Oregon and Michigan.
The change in the Bylaws last August
gives universal satisfaction, and has made
this the most popular association of the kind
on the Pacific coast. Our benefit now reaches
nearly $500, and ere six months roll around
there is reason to believe that we will be
paying the full sum OF two thousand dollars
when called upon by the family of deceased
member. ss Et.. 40. W. .ststesrss
During the past year we have been fortu-
nate and have only lost one member-Mrs.
Catherine Lower, of Los Nietos, who died last
February.
On the LIST OF October, 1874. the annunl dlvi-
dend was declared. Ii was not large but
considering that this Is the first year, a diyi-
dend of forty-three cents per member shows
sound financial condition, and gives the
public evidence OF good and successful man
agement. .r
The entire number of Certific oT Mem
bership issued t. date Is 984; the mum ber sus-
pended during the year for non- payment of
dues and assessments is IL: mum ber OF deaths,
/; present membership 252.r
ff.a. ANNUAL STATEMENT.
Following Is the Annual Statement of the
Southern California Mutual Aid Association
for the fractional year ending Oct. q, 1874.
ASSETS.