The Lebanon express. (Lebanon, Linn County, Or.) 1887-1898, 1891-04-24
FACTS AND FIGURES FORi09i
About the Northwestern MlsuaI
Lite Insurance company.

The Company was orEunized aud
commenced business Nov. %, 1868, OH
u purely mutual basis, aud hns always
been conducted ON that plan.
The Narthwestern stands among the
highest Of the life companies OF the
country IN strength and security, ns
shown by the ratio of surplus TO llablll-
ties.
II invests It's funds npon improved |
real estate security, nt Western rates OF |
interest, and II has now SO invested |
over THiRry-F -FivE-M of Dol. |
LARs, Its location enables IL TO select |
the choicest securities, and to COM
mand the highest rates of Interest.
No fiuctuating securities. No loans |
are made bv tho company on stock, |
collaterals or any kind of flnctuating |
or doubtful securities
The interest receipts OF the Company |
since Organization have exceeded Its
losses by death by nearly seven mil
lions of dollars.
The Company has paid to policy
holders, and has invested for them,
RED AND NINETY THOUSAND DOLLARS
IN EXCESS OF THE PREMIUM RECEIPTS.
"wHAT Is THE sEMIToNTINE PLAN
or THE SOUTHWESTERN? ?'i
The growing popularity Of this plan
renders desirable a single and untech-
nical explanation ef its workings
"Semi-1ontine" II not n peculiar KIND
of Policy, but rather peculiar way of
using profits or dividends or oRDI-
NARY policies so as to produce extra
ordinary results. Suppose 1000 OF us
take policies In the company this year
on such of the various plans rs we may
each prefer. Ordinarily each one
would receive cash dividends 10 reduce
his payments IN future years; but IN
view ofcertaiu advantages to be gained,
we agree with one another, In this
case, tD ferego dividends for certain
period of time, say 10, Is or 20 years
that is, the surplus earned on our poll
cies is allowed TO accumulate for that
length of time, and then the proceeds
are divided among those of our num-
Der who live out the time and pay all
the premiums. If any of us die during
the tine, our heirs get full amount
of the policy, but have no share I'm this
fund of dividends. Ifany of us stop pay
ing after years. we get payed up poll
cies, but no dividends. None of us can
draw u dollar from the fund till the eud
of the period, though we can have
statement OF our contingent interest
in IL at any time we like after
three years. Finally ut the end Of the
period, the entire accumulation Is di-
vided among those who have lived and
paid through the time. Now let us
see how the pan works. In the first
place the fund is constantly increasing;
dividends are added to dividends, the
compound interest Is piling up, aud
the fund grows faster and faster, year
after year, till IL reaches large sum
at the end of the period. In the mean
time the number of persons Interested
Is constantly decreasing; some drop
out and some die-not many at first
but more and more as time
passes and the insured grow Older, SO
that every year shows more money In
the fund and a less number OF persons
to share it, Now suppose, Mt the end
of 10, Is or - years, as the case may he,
there are 4C0 persons left of the origi-
nal 900. When the division is made
these 400 Will get all the dividends that
would otherwise have been paid to the
900, with accommodations at compound
interest. The advantages to the 400
are apparent Mt glance, and at the
same time the plan is cminently just
and equitable to all, for 1t gives the IN
SrRANCE to the representatives of those
who die, and the profits to those who
prove profitable by living, while those
, who cease paying during the period
are entitled to paid up insurance, thus
doing away with the risk of forfeiture
in case of Inability to continue pay
ment of premiums. Finally, at the
! end of the period each policy hoi,ier is
allowed his choice of several methods
; of settlement. He may simply draw
in cash his share of the accumulated
dividends and continue his insurance
r or besides drawing his dividends, he
may terminate his policy and draw
out his entire cash value, thus making
/ his insurance practically an eudow-
mentor he need not draw any cash,
but may take the entire value in paid
: up insurance, provided he is then in
good health. No man can tell how he
will be situated 10, 10 or % years hence.
. He may be in need of money or he
/, may not want money tut want insur-
, ance. BY this plan he may have ALL
MONEY, or ALL INSURANCE, or PART
E OF EACH, as suits him best ut the
E time. In view of the many changes
that are certain to occur in such a
! period of time, and especially of the
tremendous risk of business (and sta
tistics show that only three out OF a
hundred business men are perman-
entity successful, } it is hardly possible
to ooverestimate the Importance of these
privileges.
1t is the deliberate Judgment of many
of the very best business men of the
country that the perfect Semi-Tontine
of the Northwestern Mutual Life In
surance Company is the best thing i'm
the way of Life Insurance ever offered,
and that this is strongly endorsed by
| Albany's business men is fully attested
by the fact of the following
LIST OF POLICY HOLDERS IN THE NORTHWEST
| ERN AT Albany. OREGON
Geo Chamberin.. s 900
| Z" ..-.-....-...................l 10000
Samr Z Young. g.............................. 10000
Edward + Sox....--...............--.. 2,5OO
-aLA