New-York tribune., 1876-12-09
LIFE INSURANCE.
REPUTATION OF THE ISLANDERS AGAINST THE NEW
JERSEY MUTUAL LIFE INSURANCE COMPANY
CARD FROM PRESIDENT STGDwELL

REPUTATION OF THE ISLANDERS AGAINST TIE NEW
JERSEY MUTUAL LIFE INSURANCE COMPANY
| CARD FROM PRESIDENT sTEDwELL.
NEWARK, Dec. 8, 1875
During the past week various parties have
been busy In the public Journals by verbal statements
aud by printed circulars, in attacking the history the
business and the standing Of the Newersey
Insurance Company AS we have always sought TO con-
duet our business with fairness and courtesy toward
competitors have reluctant to believe that any
respectable company would soop to the low resource OF
coarse SANDER While these attacks emaDated merely
from malicious and disappointed agents, We refrained
from giving them any public notice but we now ascer-
that the whose names were first used were Dut
the tools OF jealous rivals We are therefore constrained
by OF justice to the interests we represent to
make the following statement:
First The pecuniary condition Of this company Is ex
cellent its assets frst-class and ts surplus large
Secoad This company Is rapidly increasing ITS busi-
ness in legitimate way, issuing over 5000 new policies
annually.
Third Any statement that this company is interested
In any manner Continental Life In the stock OF
the Continental Life Is endeayorng to save anything
for tie stockholders OF that company, IL false
Fourth q: Any statement that this company has any
with receiver OF the Continental or has
received any avOrs at his hands, expects any, is false
Ef6h: Any statement that this company Is taking any
advantage OF the unfortunate condition OF the policy
holders Of the Continental. IL using toward them
COERCION Misrepresentation or deception, is false
Sirsh: Any statement that this company Is issuing
only term policies in exchange for Continental policies
il false
Serenm Any statement alleging completely with the
Continental officers in any form community Of inter
est between persons connected with the two companies
or at any work is being done for individual profit is
false.
Eiyhth We regard the men who have been heretofore
insured in the Continental Legitimate subjects for lie
Insurance solicitation. We Offer to them, to all other
insurablc persons such terms may be acceptable to
them and injurious to No coercion is used; no
Misrepresentation authorized; deception Is prac-
ticed We simply propose utilize the prospective diy
dens pay ble their Continental policies for the pur
pose OF Immediate insurance. We propose this upon
terms which regard liberal to the polcyholders;
but We do 1t not because any protection to the
but only ior the reason that desire, in common with
oil life companies Increase the volume OF our paying
business. We under obligation whatever TO the
policy hUders Of the Continental. We treat them as we
seek a. treat all men, with fairness and justice This Is
all there Is OF fire under this dense cloud OF smoke
Ninth Wo expect TO increase our business, to increase
our assets to increase income to increase our sur
plus, aud in doing this TO protect many unfortunate
policy-holders. Believing this business to be strictly
k kitinate shall protect ourselves from the malicious
ISLANDERS enemies by whatever the law affords
J. ii. SrEDwELI, President