Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-23

JNIERESyINa INFOk NATION IN
Il EGARD TO YHE LEADING LIFE
INsIEANCE COMPANY OF The
WORLD

THE MUTUAL LIFE INSURANCE COMPANY
OF NEW YORK, now in the thirty fourth year of
its existence, is pre- eminent among the life nsur
ance companies of the world, its available cash re-
sources being now over sghfy millions Of dolLa S.
Some idea OF the magnitude and progress of this
mammoth company may be obtained " hen we state
that its accumulstiOns are greater than the CON-
bined assets of any other two life companies eli the
his splendid institution was oreanizad April IL.
ls42, and commenced isuDg policies on the LIST day
liens OF New York each took one Of il. policies a.
the ucleus Of the Company. The admirable system
add which has always continued together Sitn the
sterling integrity aud tact Of management on the
steadily Pre- So and satin favor with the public un,
vi In re,ouI es It stands to day practically without
basis that
is the element with which to prosecute life insur-
ance-collect premiums in cash, and nay losses I'm
money. Its premiums being payable in cash en-
ables il to its dividends in cash, and it's matur-
ing endowments and clsims BY death in the sane
dollar In the Of in the pay emit of premium
or any other part Of It's income, OF all its pres
sona security, note, other collater al but an is
available each assets. "
Referring to
THE LAST ANNUAL STATEMENT
Of the Company, We find that ia The year 1875 the
premium receipts alone aggregated Sl5 73I 80 49, to
which we add the income from interest AMI rents OF
S4ooo ySc 10, maE1ng o grand total income for tbs
ear Of 81, 100 sos IS. When look to the dis.
burseme nts Of the year find that there as paid
cut for death claims. matu, ed endowments and an
nu les, S35 49, and for diy idends surrendered
pOncies aud additions to policies, Ss,264 5s7 46,
maxim total Of payments to policy holders duriag
The foregoing figures read more like a report
from the uited States Treasurer than Insurance
corp alton, and show at his Imperial Company
may well claim 70 be the leading life insurance
psny Of the world. =
As its bust ness is conducted
on IRE Mutual PLAN PURELY,
all surplus and above the amount required for
carrying the risk each year is returned to the pol
icy holder in proportion to his contribution Owing
70 its vast transactions the Company has reduced
tie annual Ell penses 10 the minimum, the percent
membership also gives II the very best average Of
humsn life thereby reducing the death osse, to the
lowest sttaiDsble point. Thus by q light ex pense
ratio and low mortality eX eerience, the Mutual
the iosured at the very lowest cost.
The ''0ld ii utual"
SINCE ITS ORGANIZATION
has received in premiums Slsl 49 ,ls2 09, and has
paid out in claius by death matured endowments
and dividends Ss7 967 COZ 81 and il has hand,
well invested for its members, osO,oOO OO0 or
these assets the Com psny held March l, In bond
and mortgages, Sa9,72T 493 y secured on property
having the following valuation: Value of land,
sursnce collateral, $50 AZ 2l6; making a total
curity Of a93 09 435. And these results do ppear
TO US to demonstrate good management.
firm Of HANSON & BLACKBOARD, 5I9 7th street,
has been the general agent for this District for the
psst eight years, aud will take pleasure in giving
Information and receiyine applications. mar2l st