New-York tribune., 1891-01-29

n, for longer than years and having
introduced It's business, express IL my hrm CONVICTION
that the OF the Prussan Government or our
association will be got In short time through tne steps
which could arrange assistance OF friends OF great
influence and OF high standing. But conslaef IL wise
and cautious not to publish steps from this place
for the competition might take OUT OF II the means of
new adverse steps against Such steps after all,
will be taken against U.S. but do not care about them ~
all.
THE GREATER THE EXTRAVAGANZA OF SUCH
CoMpETITIoMwILL BE
the more t will be condemned by ltse tho fright and
Truth" Will be victorious. - y,
A, to the Held which Germany offers FOR the business Vi
life insurance OF the Mutual Reserve Fund, sAe 'AA
Germany is the best life insurance OF all European
countries.
Charles ~ Ahstrom, Of Stockholm, Sweden super
visor OF European agencies, made brief report. III
II he said: ..,.
IL l. tno experience OF level premium companies that
the experienced by them has taush' Us ui1
life Insurance safely be conducted on the ha'u pre-
miim plan All that have TO do, we who are eneaeeo
In the welfare prosrc, OF this asociation Is therefore
to make known facts to the public ana we shs u
thousands and hundreds OF thousands VINO shall oo "e
to Join ranks. 49,.
We have already found those who have had time
t look into our system have joined and can assure you
mat do not eAaggeae when state TO you that the pros
meets OF the Mutual Fund Life Association In Eu
rome and especially the Scandinavian countries are JUST
a, great To- day as they in the United States"
Then came a number of short and able speeches
nv " J. McNIurtry, of Toronto Canada; b. H. Rob
son. Of Omaha; +. d. Ludwig. and the Hon. X. NJ
Wells exspeaker OF the Legislature OF ontario
Mr. samuel w. Wray, of Philadelphia, presented the
following resolutions:
RESOLUTIONS OF CONFIDENCE
Whereas It appears from the reports the executive
oicor. ~ the Mutual Reserve Fund Life Association
which we have just heard read that the promises ana
Of ten years ago have been more thah iu
Frs-Dung the past year "" hnd that the assets nave
increased By magnificent sum Of si6d3ll o3'
econd-That the Reserve Fund has increased during che
same psriod nearly one.half million dollars In cash
Thrd-That the invested assets Of the association nave
Increased by more than siliOOO
Fourth-That Special Emergency Fund recommendeu
at our annual meeting year, has not only been
but maintained and the Of S2jOOOO In cash
has been set apart companies as trustees Tor th
specific purpose Of providing for the imneda'Y "
death claims.
Flft-That the income OF the association has nceaseu
within the past twelve months by more than s2SOoOO
sth-That association ha, paid within the past year
more than - 100 600 in ath claims to the widows ana
orphans making a total payment of nearly slO'oOOooo
which amount discussed u more thah 3ooo "!u'"S anu
TO- 900 orphan children OF drceas d members.
se,crhat the business OF the association after pro-
vGine for all deaths, expires not taken ana iap'es ha
increased than eljOOOOo0.
Eighth-Ihat the association has on hand III clsh more
than rs j0 for 900 OF death claims, approved ana
unapplov,d, the 3lst day Of December looo WIN
assets Of nearly 600 for each ~ 900 OF delth claims
Nlnth-That grand results have been attained
while collecting fOm the members but RI - upon tho
a\eagc at all ages each $1,000 insurance exposed
ana has provided for the death 'ins Tor h'
reserve or emergency fund and for all the expenses OF ho
association Of every Kind and character Whatsoever anu
these collections based on age OF entry Of the mem
bers.
Tcnth-Thac the average sum collected by all OF the
old systm companies for the year 1889 was so 80 o'
each $1,000 OF insurance exposed or more thth tiee t
that collected by officer, OF the Mutual Reserve tund
Life A-sociatlcs
Fleycnth-rhat these facts have been unquestionaoiy
established by repeated onicia and authoritative eAana
tons u the books accounts investments ana business o
the association 81 thorough and oompta have they been
mat the result, would be evidence in court; therefore
b. It
Resolved That this such showing Of the faithful per-
formance Of du.y after the most approved business neu
od. with Respondent results demands at the hands OF
the members Of Mutual Reserve Fund Life Association
IN annual meeting assembled hearty approval and com
meudlon. .
Resolved Tha. the thanks o, the members are hereby
earnestly extended officers Of this a,so atioh one
,d a no, only for the able In which they have
conducted ths business. but for the further reason a
hrsc evidences establish Hat denial OF the accu''uos
and cauunlcs wicktdly ana rnruhiully iuiimha''u
AGAINST some Of them as well asanst the correct prne
Pics which udcrlie the natural premium pau o. ilfe IN
,raucc a. p-actsed by the Mutual Reserve fund Lille As
s,s.on-a system which requires the payment Of 'ueh
sum only will meet current necessary eA!e'e'' re"So
able Emergency Fund and actual death caiH' We uls
Reserve or Iulgcncy Fund Is held IN trust ana II not E
qrr or the payment of excessive death claims = fefne'
10 the members stated periods. thus furnishing Ie "
s,ance at ccst with the greatest p''sibe security
After the reading Of the resolutions above, Ten
cal Iaac H. shields said that IN secondlhH inc rcs'
luton he desired to - step further ana eAPIcSS
Ia the officer, Of tn, a,socation his thanks lot 'e'r
attention To and Efficient performance Ot HIS du'cs
hold in
Reserve The statements made were largely WITHIN
! ll. own kn,wlelse The officers had performed
,auublc work in kindness and ialthfulnees to all
VINO we're Insured. and as for HIMSELF he desired u
make III. hc,t bow OF acknowledgements
President Harper then presented 10 the meeting Mr'
| Waiius Kennedy, OF Canada, who made an address
Mr. Kennedy, Of Toronto, seconded by William Will
son. OF Toronto orcrJi The following:
RESOLUTIONS.
vrerea. The Mutual Reserve Fund Life Association
Of Ncw.YorS present, the following elements;
l. simplicity upon scientific basis.
| :. Protection through a reserve.
g. Collecting only tne amount required Tor payment o
| d.a,b claims, expense, and reserve fund.
securing the reserve fund by trust deed thereby
protecting IL against diversion hom It's legitimate pu4
/ posts. .
Grand and encouraging reports presented By the various
depatmonts busns, a, the close OF the het decade
of IT, existence showing success without paiae III te
| history 81 life Insurance.
He.o,d That we declare confidence in the officers
f h, association one and all from the president down.
VINO have mnagd IT, anas Win so much prudence ahd
achieved such mirAcd tlumpho-hioNng it, aeg!s over
| thousand. Of widows and Orphans.
That we pledge our CONTINUED Loyalty to the Mutua
Ee..r>, Fund Life Association. and snail endeaNor TO
promote in every way possible IL further success beue'
Ing that the point reached l. only starting place
! Tor future triunphs.
| After the above resolutions were unanimously
| adopted IL was
Moved bv Joshua Baker Of Boston, Mass, and see
ond,d by Thomas sampson Of Saratoga. n " that the
thanks of t. members Of the Mutual Reserve Fund Lilo
,.i,tion arr hereby extended the president officers
and tor, OF said association for their h!thul anu
efficient administration is affairs during the past hsSa
year That tlc mcmi d the association here"lu
r>pr,ss their coud mnaon Of tho unfair attacks maze
| or,In. it. ,y il, enemies and especially the false ana