New-York tribune., 1891-01-29

Cash IN Foac, oaas s77
s12542 0s2 So
are the only charges against the Mor'uaf' u"u
J. d. Wells. the third vice. e.presdent made a highly
satisfactory report on the operations of the agency
department, In which the following passages oi
especial interest:
The total amount o, applications for Insurance received
by the association through its agents for the year lo7V
Is $40 900 10.
Inasmuch as the new business received during the
previous year tsO34sOs5) included applications to the
extent Of about s5ooocoO for transfers oy otnef col
panies to this association, the amount ol ouSn
forwarded by agents during the year lsVo eceeueu
that Of the year 1889 by over .......' S2SVG9d S Xxx
OF this amount Great contrbued 3S iSd 900 900
over the busiHe,, OF the previous year ,oooo ooo
ine Continent Of Europe contributed 3iG $40
And Dominion Of Canada &S3S &S35 goo 2SS
The balance Of new business received VIZ. 29O293'o
represents tn" home business, OF Whlch Ihc . ..o
State OF New-York contributed oon-ooV
On the 5th Of July last. during the absence OF .hc
president In Great Britain. the Executive Committee o V
association issued circular to it, managers anu '-
suggesting that the hgh IT compliment which they c""u
pay thelr president would be to emulate his own HRor
ana enthusiasm by presenting him upon MS re'uIn ~,
the largest three months business upon record " ~
committee accordingly offered six prizes ag-'eE'Us
II 0O0 70 such agents As would forward the largest amount
of business the Home Once during the mohVhs VI
July August and September.
In answer to this appeal the following prizes were
won and AWARDED:
First pH,o ;3oo A. Il. Harvey, British De-, ooo o,o
Second pf.lc 500 V j. McNiartry Toronto coz ooo
Third prize 800 J. Hopper boston Mo",,:; 'SOO0'
Fourth prize $50. D. C. Eess tte Mohtrea' 400 600
rfR Saaa1 1Gc 500 Ro.. w6crpooa Tennessee Ss 600
Sixth prize $50. Il. C.. Jones Ncw-YorN CITY. -3'.vO wv
Il. f. Phelps. the new controller, presented the
following report:
REPORT or CONTROLLER L. 7. PHELPS.
To the President Officers, and Member, OF the Mutual
Reserve Fund LIE AS-o'ia-on;
Gcntcm tiis is the hrst annual reunion o. oh'
great 'Muua Reserve family that It has been my fN'
legc to attend and a. NY duties have been oi morn
general than sp-chc character since my ohca 'o'' o
with you which dates but few days prior 10 t"' 'o'
Of the year recorded history you nave nov @s'e
bled to review formal report would scarcely be- 'Ne1u
from ne. In fact shoIld I attemp. to make dc'a"vh
siacncnt. should b. IT aiding upon gro' nus '"ei'
cupled by NY aso.a,e officers, and justly lay n' op'n
T. charge attempting to assume hohos "i''h '9
by thor cirn,st. cAc.nt and successful Work duf"H '
past y,ar ar. rehuly entitled TO- shall therefore
make no attempt at detail. but content hS'e' "
stating In a general way. own views o inc i''''Ha''
unpr ,cdcntod work donr by your assoc i't'oh q" p's
u and dry, opng the correct principles ot pfo,c'" %
nr lie ,ns.alcs a, d stnctiyc Gom the legal reserve
or investment system
TO THE MUTUAL RESERVE" MORE THAN ~
ANY OTHER.
and might almost say everything considered more than a.
ether. is tue the credit having In the ie" Of''i
since it. ctrde and lmlcrtcc, inception AMl' '9'o
the a--,,-iacut natural ~ ...un system ol Ia. 80
t,rougalut the clvllcG world and enabled it m e'' .'
.co,. o. wears, to writ. more business than u wealthy
and Influential f,al, have done in more t'lh t"''o '1
period. LIVER since tao tine when ms I'" p'P'.' = ~,
Oi distinctly protective family Insurance n" d 80,
f. tent perfection aud IN to receive "a" d'1n-u'"
nsdtr,oo OF the powerful lgal reserve companies "ho'
having ,ii,d TO I,dcuc and laugh II out o' 'N""0,'
sought 10 crush Il by al d "caiu' anu h'u-' ,' " -
command YOU Mr. II .,dcnt. and your a''o'''"' ia"
,,,r i..u found wh.rr u.r contest was thc ho'ts U'
danger tl greatest ami by your cool judgment un'''7
.our,ee n1atuous and fearless aacH, upon tIe e'e"'
weakest pout have Tor de system that f''o-
which IT,, Intrinsic worth demands. and won ior your o""
association thc proud 20 .t.n II ho" Ho!h "'"''' "
f!ya iu the n-tla world. -
J,pr to examine ia,o aud iamillar1c myself with We
buslnc,, management oi tie association III al 10
d.tan- and can unhc..t'tneIy state mat ,>.,,
THE GREATEST CARE Il lAhEN ~ Lawn ~
EVERY DEPARTMENT
900 thu, M mistake, occur or injustice Is done single
member while al contracts ar carried out WIN Sll
uuartial Iust,cy; all death claims after pe'"s '''J
Investigated whcrr the facts require are Po"p'' t
in fun ON or before ucy ,r. d1r. advances s'"'''"' "
-. ,,,..,t and o,n.r t.,cs,sry expenses Doing h'u'
Immediately upon ue notice oi d'a'h "h'h '''','t'
40 biz /, paid cash d -hui-'d "l'h'u' W. '' -
.lgnatuf. of three cNrcut.yr .;hc'fs "h' V'c "''
ous ca.e j., used IN h'nhiuf ana in'e''-''"S ''''
.
oent,.r,.n allow mo- 10 congratulate You. one ana a
,d ,hfo n YOU tar nearly ,Ny thousand members ""o"
YOU represent. upon the unl1i'H''" '''"'' ~ -
rushn,nt- presented h,1r TO-DAY. i'lnf a''u''' '''
viii be- an unrriing nG', - - greater i'''''
mynts. K'sprcuHuS '"""''''N' - ,....,,.-
D.. D.. PHELPS. Controller
Mr. plelp.., report was ably supplemented By the
r.port Of tie Assistant Controller. G. H. Mc'he'ey
Then came hchly interesting and significant report
from the Controller of th' British Department. Mr'
Edwin H. spccs who ,lid that the MuiuA h'''IN'
Was now f., - strons position In Great Britain uT''
Other compaule, were beginning to initiate IT,
GOOD NEWS FROM ABROAD.
DIR. ,tephen II. ryrc dirrctoT.gencral of the Con
tincnt Of Europe, made thorough aDe ana '""p,'
hrn,ivc report ts pro-rt,' ot the 'o"'henU'i D'
partmcut IT the As-O. az a. Fdrt Oi II "a' 10 ''lo"'
Nh rr,,d.ut. Use .'.u.t"nt whlch now 'a p.''
,,c. of m. trust ,onnl. To place In your hands
invests ,ou i,n IN. ,otu- r-hts at this tenth annual
meeting u IN. Mutual Er-rr,c Fund LIE A'-o la"n oil
rie Fr,uch policy holder whose names '9o uc'e" Il"
scribcd
THE CoNsuL.GENERAL OF THE UNITED STATES
AT PARIS
rnc >, the cxactnc. proxies and th" trt'nrcr
and controller Of Continental Department cfle' a. 10
their registry acoodia'" "th the constitution u '
association AZ "a, tine and the way legally l'i"ir'
MAY God Grant Won dom IN the cAcfci'' OF thes hi
rryilce. conadcd alter ful reflection and WIN en-
confidence and long pre- rye you J" h'N''' '''' ~
dom To- droct the vao.c honors are the crown
Of NE.
From l, general review of our history ,ss TO record
tho actual result, obtained during these y'aTs ihcs'
figure, soon -tad tho-e Of our number VINO nave
been actively engaged In tn production OF ne" business
and the Conserving OF pi.!n In force will recognize
the amount Of and watchfuness which they Involve
During months of 1856 that Is 70 say lo'" ho
l., II Oroier until the lst OF January, 1857 We wrote
2e5 coo francs Of propositions In 1881 'N''OO' m
= - ~ iu sc
q iIG u3e or togtter 50 O38 ~ our corps OF agents
ond agencies has Increased from two In lss6 70 more ~
one thousand cnrctSc and active agents at the close
1870. We have taken possession thoroughly OF Franco
and Belgium and ,hc association firmly established in
,u Of their chief centres and throughout many OF the out
lying districts.
WE HAVE ALSO ENTERED UPON THE ORGANIzA
TION OF SPAIN,
hut only v the c,an -huent of agents corresponding
INC law OF Il-