Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-21
sNFOR NATION IN
4 EsaRn TO rHE LEADING LIFE
INsISASCE COMPANY OF fHE
WORLD.

TEE MUTUAL LIFE INSURANCE COMPANY
OF 6EW YORK, now in the thirty fourth year Of
its eNisteI &c, is eminent among the ife insur-
snce Con panies OF the world. its available cash
sources being now over Ughiy zliHiOHS Of dol!d s.
Some idea OF the magnitude and progress of this
mammoth company mas be obtained when we state
that its sccumulations are greater than the CON-
bined assets Of any othe. two life mpauies On the
his splendid institution was orsanizsd April IL,
1s42, aud commenced issuing policies the ist day
the ucleus Of the Company. The sdmirs6te system
sed witch has always continued, together with the
sterling integrity aud tact OF management on the
part OF Its officers and trustees, has enabled il to
steadily progress and satin favor with the public
vi 10 resources 1t stands to day practically without
an eQnal. II was organized emphsticAllT upon the
bssis that
is the element with which TO prosecute life insur
ance-collect premiums in cash, and Day losses in
money. Its premiums being payable in cash en-
sbles IL TO Pay is dividends in cash, and its masur
ing eIdowments and claims BY death In ths ssne
collar in the way Of note in the PAL ment Of sremum
sny other part Of its ihcome, OF all its pres
tnt vast accumulation there Is to bs found no per-
sonal security, Eote, or other collateral, but ~ is
available ca.h assets.
keferriDgto
The LAST ANNUAL srAiRNsNr
Of the Company, We ind that IN he year 1875 the
premium recs pts alone sggrega.ed sl573l g7O 49, to
which we add the income from rest AMI rents Of
Js,ooc SSo-Io, gIdnu TOTAL income Tor the
,esr OF 9 400 96S IS. When look to the dls.
bursemsnts of the year nd that ihere as paid
cut for death claims. mStu ed endOwments nd an
nuiiies 40 35 S. and for div iden1s surrendered
poi ces aud additions to pol cies, g. 26i 567. IS
msi tossi 81 payments to iicy holders dUriag
The foregoing figures read more like a report
from the Oited States Treas than Insurance
CORP alton, and show tn this Imperial Company
may well claim to be the leading life insurance COM
pany Of the world.
As its bust Eess is conducted
on The MUTUAL PLAN PURELY,
all surplus over and above the amount required for
icy holder in proportion to his contribution Owing
the annual ex penses tt the minimum, ths percent
age Tor 1875 being only lilo per cent Its large
membership also gives IL the very best average of
human life thereby reducing the death losses thu
lowest atts1nable point: Thus by light expense
ratio and low mortality experience, the utua |
Life is enabled to- and does, fur ish indemnity to
the ia sured at the very lowest cost
The 'Oid Mutusl'
SINCE lis ORGANIZATION
has received in premiums SlsI4l9,l32 90, and has
paid out in CLAIM by death, mstured endowments
and dividends So 967 CO'2, and il has hand,
well inv ested for its members $4,000 COO, or
these assets the Company he'd on March l, In bond
and MORTGAGES, S59727 ,493 % secured on property
having the following valuation: Value OF land,
slO4 672 500 value Of buid ngs, S7l7Sg 49, fire in
surance collateral, $50 AZ 200; making a total
curity Of sos 100 4s6. And these results do ppsar
TO us to demonstrate good mana cement.
b. LEWIS RLACKFORD, of the well known
firm of HANSON bLAOKFORD, SIG 7th street.
has been the general agent for this District for
past eight years aud ne will take pleasure in giving
Information and resolving applications. msr2l ct