Omaha daily bee., 1892-02-14
A SPLENDID INSTITUTION,
The National Fraternal Insurance Associ
ton OF Council Bluffs.


tion of Council Bluffs.
Two years ago the National Fraternal
Life Insurance association was organized
in this city. The plan upon which it
was based was simple and practical that
it carried with it the assurance of relia.
bility and safety, and as u natural con-
sequence the association has grown rap
idly from the start Another important
step was taken few days ago that will
further strengthen and popularize it.
AT the annual meeting of the directors
some of the active working members OF
the United States Masonic Benevolent
association were elected officers and the
headquarters removed to the Masonic
temple The officers elected were:
President, Judge j. r. Reed; first vice
president, Fred H. Brown OF Chicago:
treasurer, j. G. Mitchell; secretary, w.
J. Jameson; medie eal director, DR.. T. B.
Lacey.
These men are too we'll known to re-
quire introduction, and the estimation
in which they are held by the public
outside of their homes is we'll indicated
by statement of State Auditor j. A.
Lyons, when speaking of the officers OF
the Masonic Benevolent association:
The men in charge Of the affairs of this In
stitution are those In whom everybody can
place implicit confidence. With Judge j. r.
Reed as president, W. j. j. Jameson secre-
tary, Fred II. Brown and W. o. Writ super
intendent OF agencies, and Thomas b. Lacey,
M. d., medical director, it is oncered by q
class Of men who in a business capacity and
for honor and integrity stand high in the es-
tination of all throughout the entire coun-
try.
The knowledge that these active and
responsible men are at the head and a
nj nf ha
citation will be sufficient TO convince any
person that it cannot be less than abso-
lutely safe, and the means of affording
protection to our families at less cost
than any Other similar institution in the
world, and certainly at the least possible
cost consistent with strict business man
agement The guaranty reserve fluid is
fund to which every member con-
tributes and which permanently remains
to grow and earn for the persistent men,
bers. BY the collection of so for each
$1,000 certificate from the member at
the time of joining the association pro-
vides constantly and permanently in.
crcasine reserve fund. The Investment
of this fund provides an income which in
ten years will be sufficient to pay nearly
all the assessments that may occur.
This guaranty is paid in cash at the
time OF joining or in quarterly pay
ments.
The character of this guaranty is
clearly set forth in circular issued by
the association. ''In many associations
says the circular, ''every death and
every lapse leaves them feebler, and
weakens the bonds which hold the men,
bership together. In this association
every lapse leaves the association more
powerful and increases the adhesion of
membership on account of leaving the
guaranty fund for the protection of per-
sistent members. Neither does mod
crate death rate, such as may be ex-
pected in carefully selected risks,
weaken the association, because the in
sured receives the amount due him on
his certificates, and the association gets
the benefit of his contribution to the
guaranty fund, Consequently we repeat
that every member joining this associa-
tlon makes it SO much the more perma-
nent, no matter whether he remains or
not. II he dies, his guaranty goes to
strengthen the fund for those who re-
main. If he lapses, his guaranty is for
feited to the fund. III he lives and re-
mains in the association, his share of
the guaranty fund is there also.
This fund itself is compounded for
the iirst ten years, after which the an
nual Income thereof is used TO pay as