The Pulaski citizen. [volume] (Pulaski, Tenn.) 1866-current, 1877-04-26
our wives and Children.
me greatest proiect that las J

The greatest project that has yet
originated in this country and
which Offers its advantages more
directly to our people is the Giles
Mutual Life Association. We have
heretofore given some outline OF
what it was to be, and since we are
acquainted with its bylaws and
general principles we are fully con
WINGED that 1t is the very best life
insurance company that could be
instituted. On Monday night the
Constitution and Bylaws were
adopted, after very careful consider
alton, and they take in their scope
all the principles of regular life in
surance that have been reduced to a
basis of absolute science by long
practice and actual demonstrations.
The Company cannot break. There
is no risk anywhere, and when a
man joins it he knows absolutely
that the funds are safe and that his
wife and children will get his insur
ance money when he dies. There
are no salaries paid, very little con
tingent expenses, all provided for,
no leaks anywhere and no chance
or possibility for fraud. Many of
our best men are already in it and it
designed to make it reach at least
all over Giles county. 1t is certain
that when our people come to know
its advantages that they will flock
in to avail themselves of them We
have no interest in ting
the matter and we assure our read
ers that we are firmly convinced that
it Is the very best form of insurance
and that it is certain TO confer i'm
mense benefits upon our people.
A man owes it to his wife and child
rem to provide for them in case he
dies without property, and here is
the only safe insurance company
that we know of. 1t is an actual
fact that regular companies con-
sumo 624 per cent of their gross
incomes in paying officers and ex-
penses, while only 81 goes to the
insured. In nine cases out of ten |
they break, as they must do under
such heavy draft, but here there
are no salaries, no expenses but
that are provided for outside Of the
Benefit Fund, and, in short, nothing
that will prevent it from being alb
and unquestionably safe.
The organization was partially er-
fected Monday night by the election
Of DR.. Jno. T. Steele as President,
Dr.Wm. Bate Examining Physician,
F. Arrowsmith Treasurer and L. D.
McCord Secretary. The Bylaws
will be perfected and published as
early as possible so that the people
may sec what its objects are and
how it is to operate. Not q single
man who understands it has yet
to join, and not a single
man of family viii refuse to join if
he fully understands it. The reg
ulations guard the interests OF the
insured at every point and we reit-
Jerate, there is not the slightest OPP
portunity for fraud nor the remot-
est possibility of breaking. We
hope to see the people come in so
that the Benefit Fund may be raised
TO $4,000 at once. 1t can never 90
higher than that, as the assessments
will he reduced when it reaches that
point. We specially urge it upon
our friends in the country who have
been duped and swindled by the
regular companies so long. Rev.
r. L. Pagan is a member and he is
very enthusiastic, believing that the
people through the country viii
seize the opportunity to join, which
he strongly recommends. Until
further notice, applicants for mem
bership can call upon Pres. Steele
Or Laps. d. McCord, when their
names will be taken and the appli
cants examined. The next meeting
is at McCord and Stacy's office next
night, when we hope to
see n large attendance of our peo-
pie.