Wichita eagle. [volume] (Wichita, Kan.) 1883-1888, 1884-02-07
THE WICHITA MUTUAL LIFE ASSOCIATION

The old idea of joint stock associations
for ''life insurance. has been rapidly giving
| way before the mutual aid plan. The old
method consisted of the capitalization of a
vast sum. the interest on which. properly
| invested, should meet the demands Of the
death-rate. IL was a system of temptation
to the cupidity of the controllers and di.
rectors. The mutual aid plan is to leave the
| capital in the pockets of the insured, CALI
ing upon them only for their proportion
when one Of their number dies. Nearly all
OF the benevolent secret orders of the coun-
try are, and have been for years, conduct.
ing Mutual plans of life insurance, while
many independent companies have been or
ganized in the larger commercial centers.
The universal experience of these has been
| satisfactory. Several leading men of this
city have organized n cooperative life in
surance company in conformity with the
charter laws of the State for the purpose of
public, safe and reliable mutual life in
surance Of themselves and neighbors and of
all who desire an economical plan. but who
don't want to be put to the trouble of send
away their dues. The Wichita association
admit all sound people between the ages of
Is and 60 years and their policies are limit
ed to $1,000, 1000 and $4,000. The semi
annual dues are only 81 so, which pays all
expenses of the association. The cost OF
carrying policy for 81 600 has been by ex-
perienee demonstrated to be about 81 81 per
annum for young men and women and on
up to sIl "a for aged people. A great deal
of money is going out Of this city and coun-
ty TO mutual life associations located else
where. aud the remittances are always at
tended with some trouble il not delay, yex-
alton and uncertainty, but now the oppor-
tunity is afforded for just the same kind of
insurance right at home. The men who
compose the Wichita Mutual Life Associa-
ton are not only wei qualified TO collect and
pay over upon the death of each member,
but are financially responsible for ali their
acts. We have not had time TO read the lit
tie pamphlet gotten out by the association,
but no doubt it gives the fullest informa-
ton and which can be had by any one. The
officers are
ii. G. Sluss, president.
A. w. Oliver, vice president.
c. A. Walker, secretary.
j. o. Davidson, treasurer.
G. c. Furley, NJ. d., medical director.
Board of Trustees
j. o. Davidson, president Citizens Bark.
A. w. Oliver, of the firm of ShelIabar-
gers, Imboden & Oliver, vice president
Wichita National Bank.
C.. A. Walker, assistant cashier Wichita
National Bank.
q. Z. Furley, physician.
Hon. w. L. Stanley, OF Stanley a. Wall,
attorneys.
John Tucker, late treasurer Sedgwick
county.
II. c. sluss, judge of the eighteenth Judi
cial district.
Capt. w alters will sell at public sale, on
the 10th inst, at his farm in Morton town.
ship, his cattle, about 100 head Of different
ages, also his team and farming implements.
7. p. Horton, of Anthony, stopped at
Wichita over Monday night while enroute
to Topeka to attend the meeting OF the
Grand Army at that place, which took
place yesterday.
Commissioner Steenrod reports scarlet
fever in Union township very severe, five
or six deaths occurring from it, Every