The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-01-28
ELEVEN YEARS OF SUCCESS.



1884 Of Nearly ouavter % nssilie.
Doilaps-Ths Net Iaersase aA the Reserve
Eaerssasy - ssvplss Fuaa ~ 1eol 10
Oasa,036.1A-TAs Asssssasto. - Erect .
street.-the Total Reserve FuAa 10 New
os,l6S, 80. Sabbath Chains Psia Last
Year Ansuutea % 0S.Soo. les.so.
Tho eleventh annual meeting Of the Mutual Reserve
FUND Life Association was held In the Associations
paiatia ofess In the Potter Building. this city vas
the largest most enthusasc, and most satisfactory
meeting In all respects held By this orssnsaton.
representative gathering Of business men from ell
parts Of America was present. among others being;
President q. Hsrpers entrance Into the meeting At
1881. NJ was the signal for general cheer Among
the gentlemen present were noticed r. H. Gilman NIL
ford Del Charles E. Darcy. Boston Mass; Z. A. Stat.
terry. New York; II. A. NuhoR. Carlyle. Ill; DR.. D
N. Caldwell Brooklyn. n. " N. J. MoMurray.
william Wilson. Toronto. Ont; D. z. Came.
ron. Deputy Treasurer Of Ontario; Or. MePusd.
ran. ". Greene Toronto. Ont; u. A Ward.
ex.Msmber Of Parliament. Port Hope. Ont; o.
H. Muirhead barrister Branttord. Ont; r II. McMursr
RramsnviIe. ont Horace rhorns Of arm Of watson.
Thorns, Smoke hastsn barristsrs. Toronto. Ont II.
E. smAllpsics. business manager Toronto VIVID Ira
Psrsyo. Warren Gardner. o. h wright New York; b.
W.T.. Amsdsn. Sing Sing. ny, FrsnA,in II. Harper.
George W. Harper. and char,ss Harper all Of still Pond
Nd: ". c. Page. Baltimore Nd; 3. r Barry. Fargo.
OAK: c. G. Hendricksou. Peoria Ill; J. J. Hamilton.
st. Paul. hinn, =. ". Deacon. Racine. Wis.,;
Warning Kennedy. Toronto. Canada; John J.
Aekcr. Albany. N. T.; v. L. BETTER ssdaiA
Mo-, g. ". wray Philadelphia, Pa. George NJ
Ksoss. Hornslsvills n. Y, y. D. Ludwig. Erie, Pa;
D. q. Bessette Montreal Canada; WV. Harper. Erie
Pa: David Murray, U. 8. Accident Association; B. IT,
Robinson Omaha, Neb.; y. Scott. Philadelphia, Pa;
Hon ". c. Jonss, 81. Louis No.; T. r Baldwin. Bait.
more: g. X. LehrburG Owensboro. KY, Gen. Isaac H.
Shields Philadelphia Pa; Edward n L. Ehlsrs. New
York; II. Ward, Fort Hope, ont: VIM. llasar. Mont
clair. N j.: j. r. spauldna. Nav York; U. w skslisn
New York: Edwin r. Weed Brooklyn. \. y; 4. ~
Castiuen. New York: Il. R. Taylnr. New York; Charles
A. Ford. New York; Z. l.. Ford. Philadelphia. IA;
A. Prohman. New York; n. n Newton. Etehol
son. Pa John McLay. Toronto unt Hugh kofle. New
York: A. X. Domination. woodsids. l. l.; John Mulgan.
Yonksrs. Y; W. A. Hazard. New York; T. W. Day
New York; Hon. T. J. Latham, Memphis, Tenn; !. Y.
Naming, Boston. Mass VIM. A. Hunnswell. Boston.
Masa; Col. James Clark Brooklyn; Hon. James T.
walker. J. W. Roam. w b. Wiliams Now York: Dr. G.
+. Price. U. s. Army. Fort wadsworth: Geo. schmidt
New York; A. J. Cummings. wholesale clothing. b.
Paul. MINI; Mr. Jones' U. ). Accident Association; A.
G. Wall. Goshen. N. T.: u. K wilson, Homer Pen.
mock. and @. II. Heastey, New York: Clinton Cham.
berain. Brooklyn. N. "; W. D. Horton Geo. A. Ayres
J. u. Townsend and l.. D. Mowry. New York; Bart NJ
Brown, Staten Island: r. Baldwin. New York: G. E.
Hitchcock. Brooklyn; l. y. Leeds. New York; J. H. Gal
iagher Troy N. VI W. G. Wallace. New York: e. c. Pot
ter. New York; q. l.. Miller. EnRswood. n. j. the Rev.
James Huggins. Brooklyn, n. " J. 7. Patterson Bel
fast ireland: J. Scott Easton. Pa: c. II. Smith and
Louis Smith. both Of Brooklyn. aud the following
named all Of New York: =. W. Baldwin, z. Zabristie
Thomas Lifts Frank Moore John Hagserty. J. NJ Crap
sen A. O. Perry. ". A. Hagan. Frederick Moelsr. O. E.
Barnes Duncan Duncan. Fred A. Lsavitt. A. Lincoln
Colyer Fred H. Cooper George r Clark, W. B. Baldwin
Charles q. Boland. George =. Aochssney.
The Eleventh Annual Report OF President
Edward b. Harper tor the Year EnSisg
Dec. 81. 1891.
The nrst real business the meeting the reading
no DAM Har NJ addreas 4 fOlloWa.
To hs 0oe,s Dir.cor and Nsss qf a. kstsol Reserve
Find LIE Association:
ors,irnKx: Tho work Of another year ia compete
and We enter upon tho second year OF the second
decade OF history under even more favorable ~.
spces than has before existed The everconstant
of this association from to
success from victory to victory. astonisnes even Its
most enthusiastic friends while its enemies behold it,
trtumphs with amusement and seem psraiyEsd with It's
progress
empaed BY this Association. of which II 10 the author.
oreinstof and practical exponent has for the past
eleven years tested BY nrs and has NOT been
found wanting in any particular.
ASSETS.
We have increased gross assets during the year
1891 from IS 1901 no to a. sac 2o2 o. being an in
crease for the year within fraction Of half million
dollars. -
Our Reserve Emergency or Surplus Fund has been In
creased during tho year 1901 from %. 772 2So 80 to
S3.l55 22O w. net increase for tho year OF $685..
ssal4 This amount viii be stiu further increased BY
| the apportionment OF the December Brmonthy Csl.
which 10 not included In this report.
INTEREST RrcEiPTa
Our interest receipts for the year have besn $685.
8So As this amount has been realised from invest
ments made upon the over payments Of the member
and largely contributed by those who have been mem
bers OF the Association for many year, It will be oh
served that to this extent the Association has received
increased payments from Its older members without
Increasing their rates above the Of entry. THU
added to the increased receipts from the 81
monthly Mortuary Calls realized from new members
amounting to more than $4,000. has materially
assisted in tho payment Of the extraordinary death
claims caused through the excessive mortality expert
| snoed by the Association BY reasen OLA Grippe
which has almost assumed an epidemic form in vsrJ
sections OF country snd has thus enabled tbt
Association to maintain Its rates ~ heretofore at th
age Of entry and yet promptly paying ts death claim
| In full usually long before the same were due
SPECIAL KMEsorEcy FUND
| As provided BY the resolution OF General Isaac
| Shields of Philadelphia and unanimously adopted o
| the annual meeting held jan 70. 1889. the spsca
| Emergency Fund has been increased within the yea
from $3.50. 900 to 100000 which amount 10 held II
six the strongest and leading banking corporation
Of country. Tho object Of this Special Emersenc
FUND asaprovided In said resolution. 10 to enable tn
| Associat to anticipate the payment Of Its dealt
| claims after an assessment has bssn made wthou
| being compelled to wait for tho payment Of sucl
Mortuary Calls BY the MEMBER and the practical
perience OF the Association In connection with tn
special Emergency Fund has fully demonstrated tn
wisdom displayed In the adoption Of the aforesaid
| resolution. -
| TvEsTHb AssErs.
| A. will DO shown by detailed statement which vii
be presented to each member VI the Association
600 have been Invested during the past year IN bon
| and mortgage. being nrst lien upon improved proI
erty In the city Of Now York. Increasing the amount
such loans held by the Association to S2287 800
producing an interest income to the Association Q
more than 100000 year An examination OF tn
detailed statement will show the date when each oA
was made. the record book In which II 10 recorded
the city ofncAs the amount OF the principal unpA!t
the rate OF interest," the value Of the land
the value Of the buildings. the amount Of insursnc
held BY the Company on the buildings for the prote
Of the loan. and the exact location Of shs prof.
srty each instance 10 gven 20 that every member
the Association may personally examine, or cause
be examined, every piece Of property upon which th
money Of the Association 10 loaned and thereby vi
be enabled TO Judge for himself ~ to the security
care exercised by the officers Of the Association
making said investments
Ills fact worthy Of note that the Mutual Reserv
Fund Life Association 10 the only life Insurance con