The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-08-02
LIFE INSURANCE.
Mutual Self Endowment ana Beneyo-
lent Association OF America.
Their Annual Meeting-Aiialrs OF the
Association.


Association.
,emi- Annual Report Of the Secretary.
LoYdvlEY, July a. Correspondence
IN the Goth inst. the Executive commit-
zee and directors of the Mutual Sell En-
iowment and Benevolent association oil
A merica held meeting at Lonsview, the
headquarters and habitation OF the associ-
ltion to inquire into its affairs and examine
is books and make report thereon for the
benefit of the members of the association
and the public generally.
This association, as its name implies, is
an organization for life insurance purposes.
Ii is not necessary for the purposes OF TINS
article that full explanation OF the nodus
pperandi of the association should ne given,
and we will let it suffice to say that any
person, sound in mind and body, these
facts to be ascertained by careful medicai
can become MEMBER. Inc
fees for membership, the regular dues ana
assessments are in proportion 10 age
When one becomes member he pays 80
much according 10 age, and pays assess
ments when they are requisite ON the ueatn
of mem bers to make up the sum due the
family or heirs of the decedant.
But it is not our object to give in detail
the workings of the association, 1t being
more the province of our reporter TO give
an account of the meeting held. quite
number of members were present apd al
the officials Hon. Sam Cnndlif, OF Long
view. member of the legislature for Gregg
l.lt
and eloquent address of welcome. IL was
in tone, full of the heartlest
and most cordial welc ome to all visitors TO
Longylew and pathetic IN allusion TO those
of The association who had died since the
last meeting. 5,,,
The meeting was, of course, most orderly
and quiet, for there was an entire absence
of cause for dissension or even discussion;
although there were remarks lnuuigeSu
in by the members present GA ui ~
ferent points for the good OF
the association. Longview was
profuse in a generous hospitality, and all
the snrronndings of the meeting were OF
Ihe pleasantest kind, while it itself was mar
monious in the extreme, and the reports OF
the affairs of the association, its manage
mept and its success just as encouraging
for the future as heart could wish OF Tue
most sanguine could have hoped or anticl-
pated. o;,.;o ro
of the grandust and nobleS-the provision
of a competence for the widow anu tne
orphaned children of its members. IL Is IN
reality in the nature of savings DanK,
only at the death of member ms helrs OF
receive largely increased
amount over the sum he has paid in dur
ing lifetime. r. A.,
The first report made was that OF the
secretary, dated July 9TH, 1885, IL being
sEMI-ANNUAL REPORT.
and reading as follows:
EXHIBIT 4.
Secretary's Office Mutual Self EndoWment anu
Benevolent Association OF america Lons !,
view, Texas, July 7, 1885, TO the Finance
Committee Board OF Directors anu Mempeis
of this Association:
have the pleasure of submitting to you
this. nv third semi-annual report, wnlch
will be found under the heading OF exhibits
A. 90. d, e, +, G., HI, l.
Cash.-Exhibit A shows that nave COL
lected since last report: 49,. ooo .,
On account OF death benefit fund 90 Sa
On account of mem oersG hip fees........ I'5znz 20
ON accom- of annual dues .......... olZ'' ~
on account OF med cal directors ae- IN, IN
count ,,,,, ~ youtb and age IS 40
al oo,,,t Of 1Iolrn resource . 400
ON account of general aceounts.... 4,49SoU
On account Of endowment bills re- oo ~
ceiyable.. .......... ...,.. ..'''''.''.' oVoo'o'
'90732 10
II also shows that have paid the treas
urer. as per his receipts, Nos. l92 TO az In
elusive. $9o, 73 10.
Treasurer's exhibit B shows that there
has been paid to him, as per his receiptsS
Nos. 1872 TO c42 inclusive SsV'' ~
Epdowments Nos. 6S7 and 265, each ~ 90
pati IT, a., hand last raport, ,....... 20
So, 100. "a
The tIessurer has disbursed 10 legatees
of deceased members, as per oo =.
Warrants 81 to II 49,: 2S'oo-'o U
EnGo%meh' ura''s me-, %, ' w %. AZ go Oh
Ex eense drafts 800. ...........'..'' S% (!
Oillege fund drafts. ...-..''.'''''' 1oS 81 81
General drafts. ..........'''''''''''''' 4ooio ~
800 SS5 &C
Benefit fund exhibit c, shows that there
has been disbursed since lass report S'V''
078.30. 800,
Receipts since last report, SIC .29S 81.
We have issued and collected in the last
six months six assessments (since organlza
ton seventeen.) T.,
Total collections since organization fol
the benefit fund, YlZo 1ol 30.
We have reason TO feel proud OF ID past
record of the association.
Exhibit d is endowment fund and endoW
ment bills receivable. Endowment DIN
receivable shows that loans have been made
10 the amount Of $47, $1,000 since last state
ment, and total loaned since organization
Exhibit 4, college fund, shows that there
has been collected since last report, ano
that during the same time there has beer
paid for the tuition of minors OF deceased
members. Sl32.S5.
EXhibit +, Arkansas endowment fund.
Exhibit g, status Of membership.
Exhibit II, trial balance.
Exhibit is our balance sheet.
Trusting that you will closely inspect thu
rcords OF this Office 80 that you may Skn
abled 10 report fully 10 the members ahc
the public the manner In which they are
Tent and the condition in which they ar,
kept and the condition in VIII oh you hnc
them, am respectfully,
L. N. MACY,
sec'y NJ. s. f. and b. A. OF A.
The next report, and IL Is one OF specia
i'm portaDce, il that Of q committee OF mem
hers appointed 20 examine into the Affair
and books of the association. Being mem
hers of the ASSOCIATION, and coming iron
different parts Of the state and from othei
states In the Union, and being member
paving their moDF for dues and sssess
ments. and bang Interested, deeply In
terested. in knowing that they were no
dapending upon q broken reed or an unsai'
organization for the money 20 go 70 thei
benefciaries ct their deaths, their invest
cation was close, thorough and exhausuVs
orr reporter gives the report Of this com
mite. rnSer the head Of exhibit B, 40 fol
lOvE
KrHrHrT n.
LorevIrw, TE1As. July -, lbss.
In he ofcers anf certihsste holters q N
Wufusi self-Endormenf and BeneFolent A.
euciati0n Of AmerieA -.
~. tbe unTersiRned fnsrcisl COMMITTEES
s,nci,ed - ersmins and inspect the book
III tbs association, take pleasure In maxim
he following report.
1--WE have carefully examined tie bcok
II the sec-stsry and treasurer, and We m.
them in ercelle1t condirion. neatly kepi
md correct in svsry psrticulsr. save az.