Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-25
INfFEEsstEssHSIEyse III, tHNrF9EMhTI9N -
INsURANCE COMPANY OF fHE
WORLD.

THE MUTUAL LIFE INSURANCE COMPANY
OF NEW YORK, now in the thirty fourth year Of
its existence, eminent among the life insur-
ance companies of the world, its available cash re-
sources being now over sighiy millions Of dolLa.s
Some idea OF the magnitude and progress Of this
mammoth company may be obtained when we state
that Its sccumulations are greater than the CON-
bined assets OF any other two life companies On the
This splendid institution was orsanizsd April L.
"a, and commenced suing policies on the LIST day
liens Q, New YORK each .ooR ope ~ s p6eiee
the ucleus OF the company. The admirable system
add which has always continued, together with the
sterling integrity and tact of management on the
steadily progress and rain favor with the public I'M
til in resources IL stands day practically without
basis that 'O- WV
is the element with which to prosecute life fpsur.
ance-colleot premiums in cash, and pay losses in
money. It's premiums being payable in cash en-
ables il 10 pay IFS dividends in cash, and its maur-
ing ehdosments and eislms by death in the sane
dollar in the way Of note in the payment Of premium
or any other part Of lite income, OF all It's pres
sonal security, note, or other coIlater al but al is
available cash assets.
Referring TO
THE LAST ANNUAL STATEMENT
OF the Company, we find that in The year ISIS the
premium receipts alone aggregated Sl573l SO a. to
which add the income from interest ana rents OF
81 g. @Sa% , ss IN Sr abe p.
bursements OF the year we find that there was paid
out for death claims. matuI ed endovments and an
nuties, SIS 49, and for div idends surrendered
policies and additions to policies, $500 s57 as,
making total Of payments TO policy holders duriRg
The foregoing figures read more like a report
from the United States Treasurer than an insurance
corporation, and show that this Imperial Dom psny
may well claim 10 be the leading life insurance COM
pany OF the world.
As ite BUSH ness il conducted
on THE MUTUAL PLAN PURELY,
al surplus and above the amount required for
carrying the risk each year is returned 70 the pol
icy holder in proportion TO his contribution Owing
to its vast transactions the Company has reduced
the annual expenses % the minimum, the percent
membershp also gives Il the very best average II
human life thereby reducing tine death losses 20 the
lowest attainsble point. Thus, ~ Q light expense
ratio and Low mortality experience, the Motusl
the insured q the yery lowest cost.
The "0ld n utual"
SINCE ITS ORGANIZATION
has received in premiums Slbl 4ls ia 90, ana has
paid out in claims BY death, matured endovments
end dividends o7 967 co9 81 and t now has on hand
well invested for its members, over 800 eoOl or
these assets the COMPANY held on March I, In bond
and mortgages, o69Il ,4g3 = stcured on property
hsSing the following vaiestion; value Of land.
sursnoe collateral, ia 30 ,16; making a total Sc
curity OF S20e 100 lS6. And these results do appear
10 US TO demonstrate good management.
frm Of HANSON bLACKfoRD, 81 7th street,
bas been the general agent for this District Tor the
pest eight aud will take pieasure in
Information and receiving applications. msr1i-et