Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1881-11-12

[ From the Frederick Old. J Citizen i
A Successful Enter2riSe.

to notice, is the Frederick City Mn
tual Aid Association of tais city. IL
was organized about six months ago,
by Board of Directors, composed
of some OF our most prominent citi-
Zens, who, realizing the evils OF the
wild "craZe" of insurance that WAS
sweeping over the country, deter
mined to offer an opportunity to all
who desired legitimate insurance to
find protection for their families in
an Association, conducted strictly
upon sound, practical, business prin-
ciples, free from the evils so preva-
lent in the majority OF associations
OF this kind, which intend to bring
discredit upon mutual life insurance.
Having occasion to call at the office
of the Association upon business,
we determined to devote little time
to the examination OF the manner
and character OF the business carried
on by the ASSOCIATION, feeling conf
dent that 1t would prove of interest
to many OF our readers, goodly
proportion of whom are personally
interested III the success of the As
ISOLATION. Whilst in the office we
noticed the arrival of their morn
ing's mail, which proved upon exam
lnatlon to contain applications for
assurances to the amount OF nearly
eighty thousand dollars, and this we
were assured was by no means AN
unusual occurrence. We were re-
quested to examine the books Of the
Association and found that the Com.
pany's work comes almost exclusive
ly, from States that are not infested
with the "death-bed" insurance
mania, and we also found that the
bulk OF their insurance is taken for
the benefit of the assured's family.
The Company is daily turning down
a large amount of work from the
States that are noted for sending in
cad 1'aSES, and discourage by every
means In their power that class of
insurance. The books show between
nine hundred and a thousand certi-
fcates already issued, which surely
is creditable showing, when it is
taken into consideration that six
months has not yet elapsed since the
organization, and three hundred
thousand dollars of insurance have
been rejected by the company. They
have now more than one and half
million of insurance upon their
books, with daily increase of from
twenty-five thousand to fifty thous-
and dollars. The average mortality
assessment is about one dollar and
sixty cents per thousand, which will
realize about, on the present amount
OF insurance, twenty-four hundred
dollars, to be paid on a six thousand
dollar certificate, less the necessary
expense of collection. The Compa-
ny, it is true, has not taken us large
an amount OF insurance in the same
time as some other companies, but
they think that when the superior
character Of their risks are consider
ed they have done equally as we'll, if
not better than Others who started
long before them, and they feel con-
fident that they now have their As
ISOLATION on sound basis. The AS.
ISOLATION make it an invariable rule
to investigate all losses that may &C.
cur, and when the evidence shows
fraud they do not hesitate to prompt
ly reject the claims, while at the
same time all Just claims are at once
adjusted, it being the desire of the
Company to make settlement of all
claims against them as promptly as
possible. The officers Of the Associ-
alton are all plain, practical business
men, who stand we'll in our commu-
nifty for integrity, honesty and
thorough business qualifications, and
they point with pride to the fact that
during their six months of existence
they have found it necessary to lay
but one assessment upon their mem
bership, which surely reflects great
Credit upon the management of the
Association. Nine-tenths of the
mutual Insurance. companies char
tered during the past year in the
State of Pennsylvania were organic
ed for the sole purpose Of CALLING an
unrehective public; honest competi-
tion with these "Sparks" being out
of the question, the Association
deemed 1T best to keep out of the
field in which they held sway and
they neither encourage OK desire any
insurance from the sections in which
the above class of companies chiefly
work, In view of these facts COM
bined with our personal knowledge
of the workings of the Association
generally, we do not hesitate to be-
speak for it the encouragement it
deserves. We feel sure it will still
live and prosper when two-thirds Of
the "Wild Cat" companies now in
existence are forgotten. The finan-
cial condition of the Company is ex-
cellent and we can unhesitatingly
recommend the Association to any
one desiring insurance. The plan Of
the Company is no longer an expert
ment but an assured success.
Mr.. George d. Blocher is agent Of
the above mentioned Company for
Berkeley county. A few live young