St. Paul daily globe., 1891-03-08
A NOBLE ORDER.
Interesting Items Relative to the
Order ofthe Iron HalI-Financia

Order Ofthe Iron nHall-Financiai
Statement for 1S9O-The Order
Locally.
The Order of the Iron Hall is steadily
growing and obtaining strong footing
in our local community. MI. Thomas
Scorah. of this city, deputy supreme
justice of the order, favored the GLOBE
with an interview last evening, III
which many interesting facts and
figures were brought out.
rs it understood that life division
has been added to the Iron Hall?"
Yes. sir: it was approved by the SUI
preme sitting and is now receiving ap-
plications.
''How is it arranged"
''It is arranged as follows: From
81 200. $1,000, $4,000, and is non-forfeita-
bic after three years and self-support-
ing after twenty years.
Can amy one j0in?"
'NO, sir. Only members. either social
or beneficial, can take out certificate =
"1 on pay an insurance of 81 200 in
the Iron Hall after given time, do you
not?'
mo. sir. The order is not an insur-
ance affair. 1t is purely a fraternal
order. paying benefits to its members
Il thought you paid given amount
in given time"
Yes. the membership certificates
range from 5000 to $1,000, which are
paid in seven years, less any benefits
received"
Nv hat are the benefits"
benefits paid are from s. to S25 per
week.
Does one drawing sick benefits re-
ceiye more than the one who is not sick
during the seven years?
NO, sir; such would not he a frater-
Eity. The order promises to pay the
amount Of certificate in seven years.
Now. if member meets with an acci-
dent or is so unfortunate to be sick the
order steps in and helps its member
who is not able to help himself. The
order makes advances 10 him Oh his GER
tificate in this his time of need.
Can members draw TIE whole amount
of the certificate when sick?
No, Sir: seventy weeks is allowed.
which in amount will be half of the GER
tificate.
What do you do in case of death?
Provision is made; in case of death of
member who has not been q member
two years, the assessments are returned
to the beneliciareS. After two years
One-half of certificate is paid to bene-
iiciary.
Well, suppose the time is near up,
does the beneficiary lose by that?
Not necessarily; the beneficiary in
any case Of death may continue the GER
tlticate, keeping it in good standing and
receive the final benefit.
You have paid final benefits in this
city, have you not?
Yes, sir.
Can you name the parties?
Yes, sir: they are not ashamed to be
known. Thomas Schorah, $1,000: j. C..
Nelson, 24l East Seventh, $1,000: Frank
Homes. Gotzlan & Co., 81, 900; John Hill,
\. 2. Il. r., $1,000; Edward Heger,
William ShOelS, $1,000; Jacob Rock
Strah. Wacoura street, 800: Otto Hill,
West side, $1,000: B. Bendeson, Conway
street, $1,000; Theo Borup. POS East
Seventh, $1,000: o. o. Void, 5000: A.
Arrinee, Mendoza street. $1,000: james
Hilton. Arundel street, $1,000; Y. Skan-
lin, SOP ST. Anthony avenue. $1,000.
The whole amount paid in this city
in sick and final benefits amounts to
$50. 5G4.S0.
Do you charge any commission or i'll
tereSt Oh the advances of benefits drawn
by sick members?
purely fraternal order. and no inter
est is charged: if it was where would
the fraternity come in? where would be
the brotherly love for one another? To
charge interest would be taxing the sick
member to pay the one who was enjoy
ing good health. When we promise to
pay, we pay the full amount III every
instance, and no commission or interest
charged.
How many members are there in in
your order?
To date there are near $4,000 in good
standing.
How are these other orders affecting
the Iron Hall?
Financially. none.
The Iron Hall being the pioneer order
and that by its success IN solving the
problem of protection to its members
advantage. has been taken of its princi-
pies by designing and unscrupulous
men to launch upon the community a
host of orders of short term duration,
(rapid transit, which they claim are SUI
periOr to the Iron Hall
The Iron Hail has proved in ten years
of service the feasibility of its plans to
live and labor without let or hindrance.
We have shown this by the fact that we
are fraternal order in the best and
highest sense.
1t has great record.
A ladies branch was organized last
week with forty-seven members.
Assessments are levied when there is
an accurate proportiopate amount to
meet the sick claims and final benefits
50 per cent being placed in the benefit
fund and - per cent is held by local
branches.
The sfolowing financial statement
shows healthy condition of the order:
FINANCIAL STATEMENT.
The following is a statement of ;he net
available assets of the order on Jan. !. 1891
Cash on hand. benefit fund .. $3.50. 44S Z:
Cash on hand. general fund.- 9.239 it
Reserve fund, balance Jan l. 1891 960 A. 81
Cash value real estate improved 5000 0t
Grand total net assets 81, ,5SS, 135 Ct
DISBURSEMENTS 1899.
From Jan. | 10 Dee. 81. 1890, 1894
claims for sickness and acci-
dent have been paid, amount
ing to: ............. ................ S265, {
members ......-........ 652. $50 5
1874 death claims. Observation-Disclosures. 80 l2} =
Total benefits paid in 1S90
(S,S96 claims). .............S 81 ,057, ,O3 o.
1T HAS A GREAT RECORD.
5000 claims paid to members III ten wears
The order has paid 10 members