The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1879-01-23

THE VALLEY MUTUAL LIFE AssOCIA-
TIoN.-rhe first semi-annual meeting OF
this corporation was held at the Office of the
Association last Saturday. OF the Directory
there were present the following members
Hon. A. H. II. Stuart, president Marshall
Hanger, vice president; G. L. Cooke, Sec
rotary; VIM. Forbes, general agent; DIR.
W. S. McChesney, medical examiner; and
Directors P. H. Trout, Geo. P. Baker, r.
M. Ayres, W. e. Craig and Isaac Witt.
The report for the first quarter of the AS
sociation's existence, it having been charter
ed in September last, was most gratifying,
there having been 1928, 900 worth OF policies
already taken and may be regarded as buthe
first step of the enterprise, which is hardly
as yet under way. During this period. how
ever, agencies have been established through
out the State, and applications for member
ship are being received from almost ev-
cry section. In Staunton, the most substan-
tial encouragement has been extended.
Nearly all Of our prominent business men
have taken policies and the list is being daily
augmented. Here where the Directors and
managers OF the Association are SO well
known, every confidence is reposed in it.
and the small outlay required places the ben
efits OF the corporation within the reach OF
ali.
To secure policy of $1,000, requires an
expenditure OF but eight dollars, with
five dollars per annum for the next succeed
ing three years, and two dollars annually
thereafter. In addition to this a small as
sessment is made upon the death OF each
member. At the same rate policy of 3d.
600 can be taken OUT. but that is the maxi
mum amount for which life is insured.
This is in every respect home Institution
and we'll deserves the encouragement of all
virgirians and especially of citizens of the
Valley. The gentlemen under whose man
agement it Is, are we'll known and highly es-
teemed in the community where they re-
side. They are substantial business men,
possessing the entire confidence OF their fell
low citizens, and recognized as sagacious,
energetic and safe. Heretofore thousands
of dollars have been annually sent to other
States to pay insurance, and now that an
opportunity is afforded Of investing the
same amounts at home, Il. becomes The duty
as well as the policy Of every insurer to in
quire into the inducements offered by this
corporation, before sending his money to
enrich foreign companies.
| One of the advantages Of insuring with
the Valley Mutual at this time, is, that all Of
the policy holders have recently been sub
iected to rigid physical examination, and
for that reason the probability OF mortality
is greatly diminished. In other companies
operated upon the same plan, the chances
are that in the years which have interviewed
since their organization, many Of the policy
holders have contracted diseases, whilst
others are yielding to the infirmities Of age,
so that he who enters them now over doubles
his liability to mortality assessments. If a
thorough REORGANIZATION of the physical
condition of the insured Of mutual compa-
MES which have been in operation for years
should be made, very large proportion
would be rejected. For this reason, il for
none other,,s manifests the advantage OF in
surfing in company in which the insured
have been but recently subjected to exami-
nation and approval by competent medical
authority.
We trust that our county citizens who
may desire to provide for their families il
the event Of their death, will see to it tina
their names are enrolled with the Valley
Mutual. No company with WHICH We az
acquainted offers greater Inducements or Sc
curity more ceytaln, and i lsto the interest o
all to keep. the money i possible in op
State and community.
I BoTETouRg AMP ANT. EIAlE VALLEY r. r.
meeting Of citizens Of Rotetouss county, Va
was held last Monday court day. to consid
er the propriety Of adopting the resolutio
OF the county Of Rockbridge relative to til
Valley r. r., which looks to repeal OF tn
charter Of the road. provided work is nc
resumed upon it at an early day. Aitt
considerable discussion it Yves agreed tina
, IN view Of the grave Importance otthe que
ton, SUFFICIENT notice had not been given I
! such meeting TO secure full representatio