The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1876-05-18

annual due of 81 to be paid on the nfs'
day ofJanuary in each year. .,.ao
To pay losses, assessments are na'o
on those holding certificates, she assess
ments to be 81 upon each sursN'nS
member of the association at the ceaIn
of auy member of the association. Il
The amount paid upon the death Oh
any member shall in no case ex-
coed 81 900 and the number OF mem
bers shall not exceed 1.999, unless inc
code OF Iowa be so changed as TO per-
init greater number of members asso-
ciating themselves together for the pur-
pose Of insuring the lives OF their own
members.
The certificate shall be limited to the
actual amount collected upon the assess
ment made upon the surviving members
at the death OF the member holding the
certificate.
Each person who receives certificate
is a member of the association, ana snali
be allowed to vote for all officers elected
BY the association at their annual meet
ings and upon all other matters that
may legally come before the meeting.
A printed or written notice will be
sent to each surviving member OF the
association when a member Of the asso-
citation when a member dies, specifying
the name and residence Of the deceased
member the amount of assessment mace
and giving the names Of claimants, at
tending physician. undertaken, intimate
friend and notary or magistrate who
signs proofs of loss, and stating the num-
Der of certificate held by deceased.
Each member who changes his or her
postoffice address must notify the Sec
retary of the association. of such change
and give the name of postofice, county
and state in full to which they have
changed.
No agent Of the association is author
lied to receive annual dues or assess
ments. In every case these amounts
must be paid to the treasurer. Within
thirty days after notice the assessments
must be paid, and the dues on or before
the first day OF January in each year.
Any one can see that this is insurance
at actual cost, and that the persons that
furnish the money have the right to con:
troll it, also when they are required to
paw an assessment they can chreerfully
pay it, because they know that every
cent so paid goes to aid those dependent
upon the deceased member and not into
the pockets of few to enrich them, al
the expense of those who furnish the
money to keep their companies running,
/ and to pay large dividends to the stock
holders of such companies.
Upon the plan of the Patrons Coop
erative Aid Association OF Iowa, every
one keeps his money until it is actually
needed to aid those dependent upon :
member whom providence has taker
from among us.
The object in organizing this associa
ton is to furnish aid and assurance to it
members at actual cost. and to save t.
its members the enormous profits made
by other companies. and they certainly
do make enormous profits or else the,
could not pay their agents from So t
80 and $l5 on each application the.
take,
! The expenses Of conducting the affair
of the association must be defraye
} from the money collected on member
ship fees and the annual dues, and tn
organizers oil the association aimed t
| fix these amounts as low as they Coul
to have the money to pay for the necess
, arv books printing and other expense
necessary to conduct the affairs Of tn
association. Should there be any grea
amount OF money accumulate IN tn
: treasury of the association at any time
: it belongs to the members, and at the
4 meetings they can appropriate 1t ft
such purpose as they think best for tt
e interest OF the association.
!, The cost Of assurance in this assocls
q ton is less than one~third the cost OF IL
4 surance in any other company dom
: business in this state.
This association receives no member
. but farmers and their families, hen'
y their members are not as liable to
o taker Off by pesti.ence as the members
= companies WHO insure in large cities q!
" towns. The farmer has plenty Of pu
J. air to breathe and plenty of exercise
keep the system healthy, while in clti
and towns the people lack in many
stances the pure air and exercise to ke
- them healthy. consequently deaths "
occur ofiener among those insured
companies that insurethe lives OF tho
50 that live in cities and towns. than Ii
. will in an association that only insul
50 those that live iu thes country or up
ID farms.
le Why should farmers and their famil
be pay out to foreign or stock insurar
companies three or four times as mu
90 tor insurance as they can do their o.
insuring for.
mur IccnC or TUG unN