Saturday press. [volume] (Honolulu, H.I.) 1880-1885, 1881-03-12
A Chapter on Iife Insurnncc--A Sacrn-
na,f, To-


Probably nothing shows the progress of the world In
social science during the last century concusyey
than docs tho fnll development " the principles and
practice Of lie Insurance Before the regular mortality
different ages had been accurately ascereincd aud in
connection with interest tables made iiie insurance
almost OF the exact sciences the crude attempts In
that direction were speculative vamblcs, or what was
most generous aud he Aeyolen the losers and the
so%g those who .acrsd at hs Inevitable Collapse Il
Is impossible to estimate the good done by itfc In
surauce during the last century The hundreds upon
hundreds " millions disburscd have saved countless
families from separation widows from starvation and
lasting honor tu the dead who showed their care for
their loved by the frugnty and sclfdenal that
works live after them
Prominent among the institutions Of Sacramento
and that has most excellent reputation for re-
sponsiblty aud conservative management, not only at
home, but In all the Pacific States and Territories Is
The Pacific Mutual Life Insurance Company Of Cali
iorna.' itwns organized IN 1850. AZ that time the
representing almost every company in America most
OF them strong aud trustworthy, but some OF them
For ann many S Been shGrned
the peculiar conditions Of life h. coast were nnfa
yorabc to ougevyi that the printons and exposure,
absence ot homes thc scarcity OF me eleYntnE element
of all combined tomakc the tenure Of life more
hftccn years since the managers pf Eastern companies
realized that circumstances had changed and that Cal
ifnrnia the natural home of health and most
yting field for life insurance, but when they did they
ors for ask to insure to receive his app
cation II u estimated that for several years the sum
OF nearly N not quite two millions of dollars
ally Withdrawn through agencies from this const, to he
invested aud controlled in the Eastern States II
at this time that of the business men Of Sat
that this drain from the state should aud
could he prcycntcd that In this state where epdcmcs
safely and prontahy than In any other State In
the Union, opening for a sound, conservative
prudcntiy managed life insurance association.
with them to think to net, aud the Pacific Mutual
entered upon Its career Of usefulness
Prominent among Its founders were the energetic
and dnr-secing men who inangunted and In spite OF
indifference and opposition. successfully completed the
trans continental railway. The Pacific Mutual has gone
quietly its way, attacking other companies and
ndin rent to assaults, keeping its obligations and pay
ing its losses 1t has paid nearly million of dollars
In death losses and another million To policy holders in
cndowmcns, dividends, etc, in many Instances these
payments representing individual accumulatiOns that
otherwise would have existed We ycturc to say
that in the distant the pncic Mutual will be
the fire aud life insurance companies of Connecticut
with the pleasant city of Hartford aud
our readers that the company to controlled by the must
reliable business of the State. and Its affairs
Quoted with economy ability and ncgrity.-.Sdc Bee.
OFFICE Insurance. CouNissrcNER,l
SAN FRANCISCO. Dec. 10, 1880
| WU. u. GOHid, Esq, SECRETARY s. r. Depdrtn,sDt
| Pacific Nutuai Lbe InsaraHe Compdny-DEAn sm; In
answer favor of this date introducing Mr.. Fur
| gle Agent behalf of the Pacific Mutual Life Insur-
Sandwich Islands in the interest of the Company ask
ing the condition of the Company have to say that mt
the last official examination made by In Mare last
1t was in sound and solvent condition, with valid as
sets amounting to Sl,lT'.7tD 50, and surplus as to
| policy holders of S312 $50 81
viii add that, being pleased with Its condition and
business management have taken out policy of in
| Yours sety respectfully, ----.-
j. G.. MAYNARD,
% I'm Insurance Commits ssiuner