The evening world., 1890-01-25
AS STURDY AS AN OAK.
WONDERFUL GROWTH OF THE mU.
TUAL RESERVE FUND.
PRESIDENT HARPER TELLS THE
STORY OF PROSPERITY.

An Increase in Assets During the
Past Year of se41, $40; an In
crease in the Cash Surplus Re-
serve Fund of s5oT,a91.1e, and
en- Increase in Invested Assets OF
1901, ooo-A Sound Plnn of In
The ninth annual meeting of the Board
OF Directors OF the Mutual Reserve
Fund Life Association was held yestcr-
day in the offices Of the company in
the Potter Building. President Edward h.
Harper presided. There was n very large
attent ance OF officers and pol,oy-holicrs in
the Mutual Reserve Fund Association, and
the meeting was h'ghly satisfactory. As
shown by the reports Of the President and
other officers, the growth Of the Mutual To-
Rerve Fund Association has tecn remark
able. 1t has reached n point whcro tho
Company is beyond the reach of COMPETE
tior. The stability and prosperity OF the Az
ISOLATION arc assured. President Harper and
Second vico-President Bloss were commend
ell for their efficient management of the af-
fairs Of the Company. First Eicc-ProSidan:O o.
d. baldwin, WHO ia also President OF tho
American Loan aud Trust Company, in the
course OF n short speech towards the close
of the meeting. said that he had not gonC
into the Mutual Reserve Comrany without
first sub!ectinR IL to n very careful inyesti-
CATION through an expert. This invcstiga-
CATION was 70 satisfactory to him that he
had not hesitatod since &c place himself OH
record as saying that the Mutual Reserve
Fund Association was superior 20 any other
life insurance company In the world.
Among the gentlemen present at yostcr-
days meeting were: w. II. Hayward. Lon
don, England: q. F. Blaudin, London,
England: Major John Hopper. Boston;
Samrcl W. Wray, Philadelphia; n. C.. Jones,
New York; William II. Barber. New York;
". II. Brtts. Brooklyn; Henry l.. Lamb,
Troy. N. v, late Superintendent of Bank
ing Department. State Of New York; s. A.
liobinson. N. L.. Staten Island; q. j..
Moore. westfeld. Mass. Frederick S. Par
ker, Brooklyn; James W. Bowden, NJ. D..
New York; L. a. Osborne, Network; John j.
Acker, Albany; F. Baldwin. Now York; L. Y.
Manning, He'd Bank, Nd; VIC Won Puck
Ter. New York q. A. Trthill, New York {;
Alfred Taylor, New York II. T. Merriman,
Jcrscy,City F; i. w. T. Amsdcn, Sing Sing ;
b. q. Boss, New York Charles T., Gnus-
HARLEM, y. u. : +. 7. Bramnr. brooklyn.
y. y. : Albert G.. Rogers, New York \. II.
Denniston, Woodsidc, l.. l.. IN. Steven
!%itipliin; W, &. Page, baltimore, Md, ;
William Miller. ,NontclNir. n, j.; s., n.
IsN Won%a New Yer. 1sor EeB i; MGo 4sw
York City Rev. j. q. Drnmm, New York ;
Bath Beach, y. Wv. |. Foot, B5ook!yn;
Jones, Bayonne, n. j.; William Hagar, New
Gardner, New York; fredeiiokr d MSrriIAl,
ffteee5dss;s. Key; York; L J.%. f ESG y"l New X York. /;
New Fork New York; y: q; 4. DGevss:
S Nsw Y0r hio vi l; oaT naS NsS YqMls si,a =; LsSy sE
York; 4. G. Bloss. New York; Henry u. BEN
nett, Buffalo; Lawrence Mnrtngh. Syracuse.
y: "; David Aspinall, Hornellsville. y. y;
Tiio nh? \! T.. H: J. f f9 : Waller X; L. New !: l&off;;
Teton, San L ErapeisSo; Cal, Herman aaron Pon
S SeT i Err New i hsfTlot Ir thisirO MaTr. n Y esP.
Hen ~, Henry {; Reins% n U y. New York:
hi'0Ff /. T. Beck lang Columbus sainsSsa' Ohio; +;
AibsnayS;o H%S w. A. HHIS1"s; Newark, +. %:;G.
4. hitcncqsk, Hob9ken, \. =; Or, E. N.
f 1est' NJ J sSS'Hn; h fail Ii Riy %t's Sa:s. H Az
thony n. Brady. Albany, Col. George I.
Potter, New York: 4. q. Anderson, Phila-
SnGip!ii9b Hr1Ssi d RnssOn' BMFoT D S Nav gorf:
L. A. Slattery. New York; 4. p. BALDWIN,
Baltimore. Md: John Mplligan.. Yonkcrs,
!. Y; Charles +. Evans, Eew,YYork;, George
New York: Hamilton I. Mccormick, New
York; Warning Kennedy and DANES Wilson.
of Toronto,, Canuda;, i. A., Burnhnm, Of
brand Lodge OF Masons Of New lork state,
and Others whose names 1t was impossible TO
secure.
tary inc Comptroller anu T%IeAtu were
received speeches were. made by Capt. Hay
ward, of London: Mr.. Kennedy, OF Toronto;
ex-Goy. Rice, 1ir. o. d. Baldwin and Others,
Capt. Hayward reported that the 3lutual
Reserve Fund Assoc alton Was making rapid
progress in conservative old Ergla q. lEe
showing made AZ yesterdays. meeting was
Ss sTen S.atsbii ay He n Mu, ,no 9 hssrSe saa
is lar advanced on the road TO per-
munent prosperity.
PresIdent. Harper's address contains q very
complete history OF the Association Tor the
past year. He was warmly congratulated on
the able manner III which his statement was
prepared,
Following is Mr.. Harper's report for the
year ending Dec. ~, lhS0:
To hs 0gicsTs. DIRECTORS GHd usRbsTs OF he AEIuaI
RsSsTFs fUHd me AEociGhoa
GEYTLEMEN-The work Of another year is
Its results are before yon. Onr
containing the record at the ninth
year in the history OF the Mutna! liet eryo
Fund Lie Association are closed and We
enter upon the latt year OF the first dec
AIDE of orr history under the most iaN ora
and suspicious circumstances
ASSETS.
Our record for 1850 shoW rs that We have
our assets durlng the year from
81, T42, 2gI TO go. 3SJ, SOT, making a net
OF S64l, $40.
RESERVE FUND.
During the year 1880 We have increased
orr cash surplus reserve or emergency
fund from 81, 700. OTS. 10 20 ~, Boa
500. IS, making a net cash increase for the
year oil s5O7, h3l. III. with nearly $780,
600 additional on hand 10 be apportioned
by the auditors
INVESTED ASSETS.
During the year 1880 we have increased
our invested assets upon improved property
in the city of New iork-9 detailed tate
of each Investment is herewith pre-