The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1890-05-22
In DEFIANCE OF KELSEY.
A Branch Of the sexennIal League
in Greenyille.

Thirty-nine of Greenville's well-to-do
citizens were present in the beautiful
lodge room of Bamber Hall last night
when jerome Feaster. deputy supreme
president of the Sexennial League for
New York and Brooklyn, called the meet
ing to order. The object of the meeting
was the organization of branch of the
league.
Before the meeting I had talk with
Mr.. Feaster regarding the objections
raised by Secretary of State Kelsey to the
plan of the league. on the ground that it
was in violation of New jerseys insur-
ance laws. Mr.. Feaster said Supreme
President Reynolds would communicate
with Secretary Kelsey in few days and
try to convince him that the league was
not against the law Mr.. Feaster ex-
companies were at the bottom of the oD-
position, but when asked If he had any
facts to substantiate his statement, re-
piled that it was merely conjecture on his
part.
THE LEAGUES SYSTEM.
Mr.. Feaster, in explaining the objects
of the society to those present, said:--
'sThe Sexennial League is a fraternal,
beneficial order, paying sick, total dis
ability, mortuary and terminal benefits
upon certificates ranging from $500 to
81 900, each certificate maturing at the
end of six years, at which time, should no
disability have occurred, the face value
of the certificate is paid; if disability has
occurred. then the amount therefor, with
six per cent. interest, is deducted We do
not claim to give s., 900 for any stated
amount, but we do claim to give it at
cost; we are organized on the mutual CO
operative assessment plan, which means
that when money is needed money
comesn
Mr.. Feaster read numerous extracts
calculated to show the working of other
similar organizations, and introduced q
mass of statistical matter to prove the
feasibility of the Sexennial League. He
spoke of the Catholic Benevolent Legion,
and instanced cases of from 81 900 to
So, 900 having been paid on death claims,
the assessments collected for the de-
ceased persons only amounting to from
S5.76 to S130.56 He then instanced the
workings of other orders, claiming that
the average payments on $1,000
were about as follows:-Amer-
Order of United Workmen, S224
Royal Arcanum, S2l2, and various other
orders with averages less than that
claimed for the Sexennial League. Now,
the only difference between the Sexen-
NAL League and the other orders l have
spoken off, continued Mr.. Feaster, sis
that in those you die to win, while in the
Sexennial you live to win. The average
life expectancy of those who are mem
bers of the mortuary orders is about
twenty-eight years, say thiry years, while
the cost per assessment on 1000 is fifty
cents, about sixteen assessments Per
year, which foots up at the end of
thirty years $240. This has been done,
and considered not surprising, for
many years; then why cannot the Sexen-
NAL by shortening the time from thirty
years to six and increasing the rate pro-
portionately do likewise? We start out
by having a reserve fund, made up OF
forty per cent. of all assessments, the re-
naming sixty per cent. being used to
meet sick, disability and mortuary
claims, and if any sum remain of this it
is likewise credited to the reserve fund.
The money of the reserve fund is invested
in First Mortgage and City Bonds, guar
anteed by reliable Trust Company; SO
the money is always in circulation and
there is not much opportunity for its be-
ing stolen.''
CHARTER MEMBERS.
At the close of Mr. Feaster's address,
the following-named citizens of Green
vile signed the charter roll and took the
necessary obligations, administered by ID.
Z. Perley, of Jersey City:-F. Oberhauser,
Or. Stegman, G. G. Murphy, Z. F; Witte,
ReuDen olmpSon, denTy omlln, W.
Stark, NJ. Donovan, b. A. Minck-
Ter, B. Brady, E. M. Kytes, w. w.
Outwater, w. II. Au, J. H. Jansen, E. +.
de Garmarton, John Most, j. Morrill,, T.
H. Miller, ]. e. Caple and j c. Reinhart
Mr. f. Oberhauser was selected as secre-
tary. On Wednesday evening, June 4,
all the officers will be elected and properly
installed. 1t will be known as Green
vile Lodge No. 1856.
w. f. Knoblauch, Central avenue
hardware merchant, has pair of ST.
Bernard mastiffs. Yesterday yhe dogs
got into fight in the store and Knob
LAUGH undertook to part them. The
largest dog resented the interference by
driving his teeth twice into his owners
arm. The wounds We're cauterized by
DR.. Josiah Hornblower.