Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-02-08
THE NATIONAL LIFE.
A splendid showins-rhe Rapid Growth
ofx Prosperous Com apy.

a splendid Ehowfng-fhe Hcpia ~FSw
ola Prosperous Company.
Tho following statement of the National
Life Association will be reid with interest
by It's thousands of policy-holdcrs. Iho
committees report and annexed statement
ore significant as showing what this ener-
getic company Is doing;
HlgrYoEp, CoSs.. January %, 1891.
To the Policy-H Holders Of ne National Lye
Association, Hartford, Conn.
The undersigned. committee appoint
ed al the annual meeting of policy-hoid.
ers in .he above-named association hein
this date to examine into the condition OF
said association and report back TO said
meeting, beg leave to make and suomir
this our said report
We have made q most thorough and
searching investigation OF the books ana
accounts Of said association; one OF our
number being engaged IN the work several
DAYS and oil of as nearly two days iast
past. and as a result thereof 1t Affords US
great pleasure to state that wo ma the
said books and accounts in admirable con-
dition and in accord in every detail Win
the annual statement OF said ASSOCIATION
for the wear ending December 81, 1890.
We have also given thorough detailed
inspection TO each and all Of the securities,
and find them correct rs listed IN tho SAID
annual statement. !.
A comparison of the annual statement OF
this year with that of year ago shows
great impetus IN the business or the asso-
citation during the last year, and more ca
pecially during the last SIX months. Inc
assets have been materially increased du-
ring the year, and the insurance has been
very largely increased
We have been particularly impressed
with the economical management OF the
company.
The frankness of the management in
throwing open to our inspection and the
criticism of the policy holders every trans
action Of the association cannot be too
highly commended.
In conclusion we desire TO express our
qualification with the results OF an oxaml-
nation which has been made with pains;
taking care to the end that the true and
exact condition of the association mlght'be
ascertained. A. X, MeGILL,
4. W. MYERS,
FRED. i. WHEELER,
G.. B. PHELPS.
Mr.. Myers is q well-known professional
accountant from Syracuse, and Mr.
Wheeler is secretary of the Chamber OF
/ Commerce, Albany, n. \. Governor Magill
was present both as policy-holder and as
a representative of the Minnesota lnsu-
rance Department, OF which State he was
thirteen years insurance commissioner.
Mr.. Phelps represented the interests of the
Hartford policy-holders. The. following
summary shows the progress of the CON-
pany during the past year and which en-
tire results were secured in about four
! States:
Business In force January I, 1900 2,l5c.oO9
Business In force January /, 1891. -. 4,ilYOlO
Total assets January ], lSe0-......S 5l4,tN u
Total assets January /. lS)i.... i,2sS,%1@ Il
The National Life entered this State a
! little over seven months ago, and under
the progressive management of Bryan Nc
| Cullen, Jr., general agent for the Viz
| ginias and Carolinas. has placed upwards
| of $500, 900 insurance, covering many otthe
most prominent citizens Of the Common
wealth. Persons contemplating insurlng
their lives either for protection or as an
| investment would do well TO examine the
| common-sense. business-like system upon
which this company operates. The Ma
| tional. although much younger than many
of the life companies of its native State,
enjoys the distinction of writing more III
| surance in the State of Connecticut than
any other level premium company there.