The state chronicle. [volume] (Raleigh, N.C.) 1883-1893, 1886-07-22
OVER THREE MILLION.
NONDfRItI iINf MONTHS UI,
oRD pf sol TIIIR> lNSTIIt Itp>
over Ntlitoa ia North Carolina. Over
Million ia virginia and Nearly Nil
lion fi>Sw herv.

The CHRo>toiE has az heart The .a.,r,-s
Il any enterprise thA, hA, H., or-sfu 30. tt..
State aud books to thy upbau3sus N.-tf
Carolina
Ia the oat>tar' of ths ia,c- ~ta..- t.s
Association th1~ iai-sr Ms I0.uHt .1 .4t
good Noui IL favor of ih, .l.t.t.,..r.
. speak well II st, manage meat at.I. t.
maze AnoNn - remarkable dvsc,af. .l.ra.
Il Is therefore Ia direct lue 0.ta did
tnRu>ltAs> pohct to take account ut thc
growth II the Inter >,ato> and give to
the fsal4e such facts a, nay rrlst, t., .l-
further progress
\ has heou said bgforc th, n.e,.jar, "a
the Association i, compo-od ot s.N f.se
sentative business and professional tayu la
otaunton. Va. and four prominent ou
kens ot l.a.olsh and It's othyt- tru lr,sid
Ell over hy men ~ uu1oahtvd .t,-lft
financial ability and general worth
lhe Directors ar. Mcssr~ Er-Niac
Miller. Henderson NJ Kcll. Fol Eau
ger, {. ! Cooke. Asher Aver, 1u- g.
Robinson, II Stauutou, Va. al.d N,--r-
+. X Stamps, K. I. Gray. Geo. 4. Iorsiau
and Dr. Jas, Mckee, of Ralcish
The record of the Association ha, ls,,i.
remarkable and II is claimed b., Nj l.r.
dan, the General Agent. that f ha, ..r
compl.shod a larger business dur.us the
first five months OF its existence than has
ever been done before 10y any other llfc
insurance Company being over three mi
lions Of solid Insurance
When Il Is remembered that this l- a
Southern institution, and that general
business during the past h>e months ha,
been unusually depressed, twin ho con
ceded that the record Is remarkable to4.ty
the least of IT,
North Carolina, as usual, has dom, her
share, having furnished over one mIllIuu
OF insurance with a much smaller for., at
work than was employed IN Virginia dur
ing the same period
During the brief but brilliant career of
the Inter States" Mr. Geo G. Jordan
the General Agent of the Association.
born insurance man and gentle
man of great energy and pcrseVcr-
ance, has succeeded in eularging ITS bor
ders until II Is now operating successfully
IN Kentucky, District Of Columbia West
Virginia, Virginia, North Carolina. south
Carolina and Tennessee, and contracts
have been made with prominent insurance
men for Georgia, Illinois. Pcnn5S lyania
and New York, All Of which will 20 INTO
effect by the lst of October next Tho
prospect is favorable for "a million "A
month" before the Association is "A year
Old. Already, So Mr. Jordan tells u.. the
monthly average IS nearly If not quite up
to 5000, 600, despite the stress Of hard
times. the hot weather and the general
inertia throughout the country
1t is evident that the plan of the Asso
citation is universally and unusually popu
lar and that Its management Is not only
competent but highly industrious.
1t Is OF special Importance To the people
Of North Carolina to know that the Asso-
citation is pledged 10 loan the major part
of its surplus money IN this state. not
only the money received from North Caro-
lima, but the greater part of that received
from other States. The reasons gwen be-
ing perfectly sound, % the rate Of inter
est is higher, (2) the security equally as
good and 90 a Board Of Trustees Of un
doubted ability and integrity to maintain
and promote The funds
It is claimed by the Association that If-
premiums are sufficiently loaded 10 provide
for experienced mortality, necessary *
penseS and ample rcscrlc, aud il j., con
templated that III few year. a consider
able surplus Will accumulate. which VIII
seek investment in the interest Of thc policy
holders
North Carolina is growing moro and
more IN favor a fertile soil for ihp cul
tivation of life insurance, and a- a solid
ground for The investment Of capital both
of which are unnlstakabIc landmarks of
civilization and prosperity.
In speaking Of the energy and enterprise
of Southern men, it is we'll enough 10 cite
an example like this Of the ''lutcr states,
by way Of emulation.
It Is everywhere admitted that the po-
tcntial wealth Of the South, and parricu
larly North Carolina is indefinite II
only requires the actiye use Of BRAIN.
muscle and capital, such as is native ana
to the manner born, to give practical de-
monstration Of the fact