New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-01-23

HDelng tnlS association or any OF us ohCeTS III INC
United States any foreign country
In accordance with above resolution l hereby
authorize any reputable lawyer, counsellor or solicitor
to commence criminal civil proceedings without
further orders against any one who shall hereafter
malign or libel either this association its officers
and upon conviction being secured 81 900 will be
paid to said lawyer, counsellor or advocate, and a
proper retainer will be paid in advance where evidence
is furnished iustifying the
INSURANCE COMMISSIONERS.
am pleased 10 inform you that this association
has received fair and honorable treatment from all
Of the Insurance Commissioners in the various states
of our Union, many OF whom, has been previously
reported TO you, have personally examined the
affairs Of this association, and with one single
exception, viz ID. W. Wilder Insurance Commits.
sloner Of the State Of Kansas, and inasmuch as he
is and has always been, the recognized representa-
tive of the higlf' rate monopoly system Of life
Insurance, otherwise known as the level premium
system, il is not surprising that he should not only
attack this association, but as well all other
organizations that transact business upon the natural
premium or assessment system. and his attacks
not only made upon the 40 assessment associations.
fraternal and fracrnal societies. but as well upon
the members of the Legislature Of the State of
Kansas: notwithstanding the fact that these assess
associations paying out each year more than
thirty eight millions of dollars to the widows and
paid in death claims by all Of the level premium life
insurance companies combined, while these assess
ment companies are collecting less tban Ohe-thid 81
the rates charged by these level premium companies
for each 81 900 insurance exposed and yet not
wlthstanding the fact that twothrds Of the business
Of all the level premium companies is transacted by
three monstrous life insurance monopoles, Mr. Wilder
has seen proper to espouse the cause OF those Life
insurance monOpOies.
1t is but fair that the political party which has
appointed him to this important office should be held
res ponsibe for his continuance In Office. Already
the facrnal societies in national congress assembled.
representing a membership Of more than 100000
voters, have petioned His Excellency, Lyman L.
Humphrey for the removal OF this monopoIistc
representative and it is to be hoped that all Of the
assessment associations throughout our country.
representing membership of $500 900 persons, shall
follow the example Of the fraternal societies
In conclusion. | will state that your executive
officers enter upon the year 1890 with absolute
fdencc for the future. our association never in
a better condition than to-day. We shall continue 20
press forward in the of life insurance reform,
and shall continue to furnish life insurance pure
and simple dvested Of all savings banks or invest.
ment attachments = that those Of the people who
desire life insurance at cost. with absolute security,
provided in already large cash accumulitons
rapidly increasing surplus. through emergency
fund, will be able to obtain the same
To my official associates. 10 our many loyal AID
faithful agents in the field. well 10 the more
than one hundred employees in our Office. desire TO
acknowledge my special obligations for the help. aid
and assistance which they have rendered in their
respective departments and 10 the than fifty
thousand members located throughout country,
including Canada, Great Britain. France. Belgium and
sweden, who have given their loyal support in the
great conflict which has been waged against us,
extend my sincere thanks. and request a continuance
Of their confidence and support Respectfully sub
mitted EDWARD Il. HARPER.
President Mutual Reserve Fund Life Assn.
New York, Jan. -, 1880.
After this interesting report had been unanimously
received " W. Bloss second vice president, read tho
following report on the agency department:
To the President, Ofccrs and Directors u the NuiudI
Reserrc F,0.d LIFE Associ luton:
Condemnation behalf OF the Agency Department
Of the Mutual Reserve Fund Life Association the fol-
lowing brief report submitted feel proud to con-
graduate you upon the work which has been ac-
compli>hed during the past year. An Agency Corps
that can produce over SiOO0)OO0 Of new business
in twelve months i an army OF workers Of which
the officers Of your association are justly proud and
behalf of your officers you will please accept the'
congratulations and best wishes for the noble Work
YOU have accomplished.
our foreign business tho past yeS exceeds In
volume our expectations. The department Of Grat
Britain under the able management OF Mr.. ". II.
Hayward. ably seconded by Manager d. VI. Caldwell
in Liverpool. and Manager f.. ID. Jones In Glasgow,
scotland takes the lead in volume Of business,
having produced S3.s25.7jO. The Dominion OF Can
ada under the efficient superlnterdcnce Of Messr'.
Wells Il McMurtry, has contributed S3.375,ooo of
new business. The Continental department. under
the able direction of Dr. stephen H. Tying. has pro-
duced al .6o5 200. scandinavia. with Mr. Johan
Nillen as general manager, including Finland, addei
10 our foreign business about SjO0.000 making q
Grand total Of business from foreign countries OF about
100000
1t would be an injustice to the managers Of our
several states who have produced m0te than $1,000.
900 at this time to fail Ia recognize the work which
they have performed. cur state, New lork.
contributed - 340.75O Of new business. Tennessee.
unlcr The. able MANAGEMENT OF Mr.. Ross Wither>po1p
and Colonel J. r. Whitehead, has record of e3o2i-
100 and Pennsylvania next on the list with - 79i.-
800 Illinois, ably represented by Mr.. A. e. ReyEeu
and Mr. f.. F. Parr a. general ranks fourth
In the amount Of new business written. Masslchl-
sets with Messrs. DobSon and Hopper as managers
az Boston, is credited with S2,l7O.jOO. Ohio under
the energetic management Of Mr.. Thomas ~ j.
Champlin and Mr.. j. r. Sea-rave. has a record ot
S2.Ol475O and, with over S4O00000 Of business in
force in the state OF ohio, Ia, not had death during
the year. and stands side by side with the Continental
Department. whose record IS equally good These
two departments are the banner departments for low
mortality
The class Of risks accepted BY the association has
never been better than during the past year our
mortality although having over Sl2,O00,000 moro
business in force than had one year ago, has not
increased. The low mortality is due to my faithful
and loval supporters. Let your motto for l,9O b.,
an Increasing business with low decreasing mortal
ty'
with best wishes 10 you. my earnest co-workcrS IN
the agency field. and feeling assured of your hearty
cooperation to maintain the position Of our associl
ton as the first Natural Premium Life Association IN
the world. and not take second place to life nsur
ancc organization for the largest amount Of insurance
furnished to the smallest cost consistent TO absolute
security.
sincerely yours in the work.
y. W. BLOsS, second Vice President.
January %. 1890.
The report Of the controller aud treasurer, Henry
j. Reinmund. superintendent of Insurance for tie
state of ohio, follows:
New York. Jan. -. 1870.
Tn SideuL Directors and NfDbyS Of The WuflL