New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-01-28

friends TO their enemcs, in such an event it only
remains for the representatives, Of the mutual orean
gaton, to retalac in kind and have such laws adopted
nat The policy holders OF the stock or semi mutual
life insurance companie, may. a. they should con
troll these stock OF ,omi-mutual concerns, In other
words | maintain thai any law thhl autnonhes or
permits the officers. directors. employees, agents and
medical examiner Of comP'uhe "lTHinn"'i"n 10
hold and vote upon pr0Nie, 81 me memueTs d. NE
Mutual Reserve Fund Life Association, and prohibits
Mutual Re-crvc Fund Lie Association, Its friends
from holding and voting upon proxies 81 IT, members.
q law should he desirnatcd a, frauds before the world
and this Is what ha- been ATTEMPTED t. be done Trough
the inStgumcntaltv. rs | maintain OF the STOCK or
semi mutual life Insurance companies.
FOREIGN DEPARTMENTS
II Is with Measure that am able to report to you
fiat the bu,inesS I'm our foreign departments Is I'm
healthy condition. and especially 30 In the British
department as well as the departments OF France and
the Continent H. the latter department our business
has Increased nearly 80 per cent within The past twelve
months.
FOUNDATION PRINCIPLES.
The foundation principles Of the system presented
bv the Mutual Reserve Fund Life Association continue
the same today in the past, which are to collect
from the members the actual sum required Tor the
nuvment OF its current death claims and legitimate
EXPENSES the same equitably apportoned among the
members according to the age OF the member ana the
amount Of insurance held by each.
The Reserve or Emergency Fund IS admitted TO be
an excess the CurIcn, cost, ana therefore IL Is
held first for the payment of excessive death claims.
is object being to prevent excessive payments from
tie members in any year second II not so required
u be returned to the members by credit on their
future premiums in cash at stated periods as their
contracts provide
SUCCESSFUL AGENTS.
on october 10. 1891 rcQuisltion made upon
our entire agency force, requesting special efforts Tor
the next ninety days. ! am pleased to report that
the following gentlemen have won distinction, and have
by their earnest efforts secured warm place In our
hearts and entitled to the highest commentator
While all of our agents have done most nobly in
responding to this cali, the following are entitled to
special mention:
+. Z. Eames, Kansas City, No.
Z. j. Jones. Kansas City. MO.
i. W. Gran, san Francisco, Cal
T.. y. Barry. II. PAU, Mimi
!. W Deacon, Racine. Wis:
a. X. McYichoi. Winnipeg, Man.
C. b. WOsOn, Baton Rouge La
W. J. Murry. Canada.
W. H. Paulison, Canada. ..
And il j. worthy special note tnat the first two
names F. t. E2meS ana I. r. Jones, secureu iI les .
sum than 81 100000 Lew insurance, all written DN
their hands and through their individual solllt
ion. Others have secured very large amounts, ana
one and all of our agency force are entitled To NFcl
tsted Nv trm i'm the interest of orr association. and
the Board of Directors have voted 10 each OF te
men named special testimonial as an expression ol
in conclusion will state that your executive officers
the future. our association was never In better con-
dton than today We Shall continue to pre- i2T" t d
'lnue 10 furnish life Insurance pure and simple dVesteG
OF all savings banks investment attachments ~ td'
those Of the people who desire life insurance at cost
with absolute security provided 10y our already large
cash accumuations and rapidly increasing su pus'
through our Emergency Fund, VIII he able 10 Obtain IT,
To nv Official associates. to our many loyal ana
faithful agents I'm the field, well a TO the moIv tha
100 cmuloyc, in our Office desire 10 acknowledge my
spccial obligations for The help. aid and distance
which they have rendered I'm their psIccNe depart,
mentS and TO the many thousands Of members located
throughout our country Canada. Great Euiln, France
belgium Germany and sweden. who have gwen Il, men
d he ga
AGAINST IL, extend my sincere thank, and request
continuance OF their confidence and support eti
fully submitted, EDWARD j. liAfIf,i.'
President Mutual Reserve Fund Life Association.
Ncw-YOrl JAN -, 1892