Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1880-01-30
TBR CONTINENTAL INSURANCE
COMPANY.
oov. INTO RAxKRuPrcy AND DECLARES A
pIvIpREp-THR HAADsHIPs OF THOSE WHO
ARR In SEARCH OF LIGHT ON TER
sURJECT.

The Continental Life Insurance Company
Of New York went into bankruptcy some
months ago and is now in the hands of I'VE
receivers. four assigness and two District
Courts. There are numbers OF persons In
Carson who hold policies in the company and
about three months ago they received the FOL
loving information by postal card.
NR -: Your policy No. l3,427 IN
the Continental Life Insurance Company is
entitled to dividend NO y of 10 per cent
You will please forward policy to this oftce
for registration and inspection. Yours, etc.
Then came printed circular from f'rm OF
grasplng attorneys agreeing to collect the
claim for 124 per cent. off and forward the
money at once.
A lady of this city in answer to the hrst
postal card, wrote
| do not exactly understand your card
What ia your dividend of Is per cent. onf An
early answer will oblige. Yours, etc
The replv came in due course of time.
Dear Madam If policy have more div
idsnds than will pay quarterly or semi
annual premium the policy holder VIII so
elect The Is per cent. dividend will be duly
considered. See decision of Cont of Appsals.
Y,nrs JOHN SMITH.
THE WIDOW In DIsPAIa
The widow showed the communication to
seven leading members of the legal fraternity
and none were able to snlighten her upon the
subject. She then wrote to the go between
lawyer who had frst offered his services and
begged for light. She received q letter OF SIX
pages full of legal vsrbage and multitudinoss
insurance terms, the perusal of which required
a wet towel bound round her head She wrote
again to the insurance men, as follows
For heavens sake do write plain English
aud tell me how much money is coming to nae
and when l May expect 1t.
TIE WORST YET.
Her answer came, and before she opene d
the letter she put q cake Of ice on her head 3
a preca utionary measure. The wis ION OF her
course became apparent from perussl of the
folls wing
NEw YORK, January 3, 1880.
DEAR MADAM BY consultation Of our
| back premium tables for 1878, together with
| the policy schedule and mortality rates, You
will ascertain that all policies carry their own
| dividends with the premium rate IRON UoAtn
| to month, unless specially stipulated. The
| 10 Der cent dividend spoken Of in nay last is
| still placed to your credit as if it were paid
| up premium with the usual interest from the
date of the first premium lsse New York
statutes, chapter s21 of June, 1879 Tho
balance of the policy is subject to our reg ular
surrender value rules (see Wisconsin decision
Of 1861 If YOU wish any further light on
the subject, 1 am, dear Madam, at your ser
vice. Yours respectfully, JONI SMITH.
The widow Immediately consulted another
| policy holder who was in the same state of
| ma gnifsent uncertainty concerning the affairs
of the company.
"Lst me read you this letter just reserved
| from the Continental Insurance Company"
"1hen I'll read ysu mine"
The two ladies looked at one another mo-
ment and concluded that it would be time
waited and the letters were not read.
RED rAPB CONCERN.
It seems about time that the Continental
Life Insurance Company employed = man to
answer these inquiries vhs could write plain
| English and ansvsr direct questions. 1t the
same parties who are attending to the busl-
| mesa now are the ones who ran 1t for years
mast. it il not matter of sstoniShmeAt that
the concern went into bankruptcy.