Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-01-31
ELEVEN YEARS OF SUCCESS.
THE MUTUAL RESERVE FUND LIFE
ASSOCIATIONS ANNUAL MEETING.

THE MUTUAL RESERVE FUND LIFE
ASSOCIATIONS ANNUAL MEETING.
An Increase In Gross Assets During tho
Year 1891 of Nearly a Quarter of q Mil
lion Dollars-The Net Increase in the
Reserve Emergency Surplus Fund
for 1891 Is S3sa,935.14-The Associa-
tion to Erect New Building at Broad
way and Duane Street.-The Total Re-
serve Fund Is Now S3,155, ,22O.94-
Death Claims Paid Last Year Amounted
to se,e9O, ,1os 80.
NEW YORK. January N.-The eleventh annual
meeting of the Mutual Reserve Fund Life
Association was held in the Associations
paatial offices in the Potter Building, this
city to-day. 1t was the largest most enthusiastic,
and most satisfactory meeting in all re-
spects ever held by this Organization A represent
ative gathering of business men from all parts OF
America was present. among others being;
President L. B. Harper's entrance into The meet
ing at 1:15 M the signal for general cheer.
Among the gentlemen present were noticed X. II.
Gilman. Milford DEL: Charles f. Darcy, Boston,
Mass. E. A. Slattery, New York; H. A. Nuhof.
Carlyle Ill. DIR. d. M. Caldwell, Brooklyn, n. Y;
W. j. Mcn1urray, William Wilson, Toronto, Ont;
D. Z. Cameron, Deputy Treasurer of Ontario; Dr.
McPuedran, w. Greene, Toronto Ont; H. A.
Ward. ex-Member of Parliament, Port Hope,
T. H. McMurer, Bramanvllle. Ont; Horace
Thorne, of firm of Watson. Thorne. Smoke Il
Masten, harristers, Toronto. Ont; II. +. SMALL
price, business manager Toronto World; Ira
Perego, Warren Gardner, c. r. Wright, New
York; B. W. t. Amsden, Sing Sing, N. Y;
Franklin FL. Harper, George W. Harper, ana
Charles HARPER all of Still Pond. Nd; W. G. Page,
Baltimore, Nd; T. p. Barry, Fargo, OAK; u q.
Hendrickson. PEORIA ILL.,: J. j. Hamilton. st.
Paul, Mimi; F. W. Deacon, Racine, Wis.,;
Warning Kennedy, Toronto, Canada: John J.
Acker, Albany, n. Y: W. L. Better, Sedalia,
Mo-; s. W. Wray, Philadelphia, Pa; George Nj.
Kellogg. Hornellsville, N.Y.; E ID. Ludwig. Erie,
Pa: d. Y. Bessette Montreal. Canada: w. w.
Harper. Erie, Pa David Murray, U. S. Accident
Association; B. H. Robinson. Omaha. Neb.; j. z.
Scott, Philadelphia, Pa; Hon. W. c. Jones. ST.
Louis. Mo-: 7. P. Baldwin. Baltimore: c. K.
Lehrburg 0wensboro, KY. Gen. Isaac II. Shields,
Philadelphia, Pa; Edward NJ. L. Ehlers, New
York; H. Ward. Port Hope, Ont; VIM. Hagar
Montclair, N. j.; j. r. Spaulding, New York: &.
W. Skelien, New York; Edwin p. Weed. Brook
lyn. n. Y; Z. NJ. Castilien, New York; E. R
Taylor, New York; Charles A. Ford, New York;
f. i. Ford Philadelphia, Pa A. Frohman, New
York; R. N. Newton, Nicholson. Pa; John Nc
Lay, Toronto Ont; Hugh Kofke, New York: A.
H. Denniston, Woodside. L. l.; John Mulligan,
Yonkers, N. T.; W. A. Hazard, New York; F.
W. Day, New York: Hon. T. J. Latham, Mem
phis, Tenn; L. Y. Naming. Boston. Mass;
VIM. A. Hunneweil. Boston, Mass; Col. James
Clark, Brooklyn; Hon. James T. Walker, j.
W. Roam, W. d. Williams, New York; DR.. c.
E. Price. q. s. Army. Fort Wadsworth; Geo.
Schmidt, New York: A. J. Cummings, wholesale
clothing st. Paul, Minn.; Mr.. JONES' u S. Acci-
dent Association; A. c. Wall. Goshen, n. Y: H.
X. Wilson, Homer Pennock, and c. II. Heattey,
New York; Clinton Chamberlain, Brooklyn. NY;
W. D. Horton, Geo. A. Ayres, j. NJ. Townsend
and l.. D. Mowry, New York; Bart NJ. Brown,
Staten 1sland T. F. Baldwin, New York; G. f.
Hitchcock. Brooklyn E. F Leeds, New York; j.
H. Gallagher, Troy, N. z; W. c. Wallace, New
York: E. C. Potter, New York; G. L. Miller. En-
glewood, n. j.: the Rev. James Higgins, Brook
lyn, N. Y.:J. 7. Patterson Belfast Ireland; J. T.
Scott Easton, Pa; c. H. Smith and Louis Smith.
both of Brooklyn, and the following named, all of
New York: f. W. Baldwin, E. Zabriskie, Thomas
Lifts, Frank Moore, John Haggerty, j. M. Crap
sen, A. G. Perry, W. A. Hagan, Frederick Noel
Ter, G. E. Barnes, Duncan F. Duncan, Fred A.
Leavitt A. Lincoln Coyer Fred H. Cooper.
George P. Clark W. B. Baldwin, Charles G. Bo-
land, George r. McChesney.
The Eleventh Annual Report of President
Edward b. Harper for the Year Ending
Dec 81, 1891.
The first real business Of the m Getting the
reading by President Harper of his annual ad-
dress, as follows:
To tie Officers Directors and Members of the Mutual
Reserve Fund Life Association:
GENTLEMEN: The work Of another year is COM
pete, and we enter upon the second year Of the
second decade of history under even more
favorable auspices than has ever before existed.
The ever-constant never-ceasing march of this
Association from success to success from victory
to victory. astonishes even Its most enthusiastic
friends while its enemies behold its trfumphs
with anazement and seem p -alyZed with its prog
ress.
The natural premium system of life insurance as
exemplifed by this Association, of which 1t Is the
author, originator and practical exponent has for
the past eleven years been tested by fire, and 1t
has not been found wanting in any particular.
ASSETS.
We have increased our gross assets during the
year 1891 from So S50 17S 30 to 81 S 2o2 o. being an
increase for the year within fraction of half a
million dollars.
RESERVE EMERGENCY OR SURPLUS FUND.
Our Reserve Emergency Surplus Fund has
been fncreas sed during the year 1891 from s. IT,
2S5 so to S 155, 90 a. net increase for the OF
$780, 9S5 a. This amount will be still further in
creased by the apportionment of the December BIZ
monthly Call, which is not included in this report
INTEREST RECEIPTS.
Our interest receipts for the year have been S123
SS6. "a. AS this amount has been realized from in
vestments made upon the over payments of the
members and largely contributed by those who
have been members Of the Association for many
years. 1t will be observed that to this extent the As
socation has received increased payments from its
older members without increasing their rates above
the age of entry. This amount added to the in
creased receipts from the Bi-monthly Mortuary
Calls realized from members, amounting to
than Sl25 600, has materially assisted in the
payment of the extraordinary death claims caused
through the excessive mortality experienced by the
Association by reason of LA Grippe, ~ which has
almost assumed an epidemic form in very many
sections of our country, and has thus enabled the
Association to maintain its rates heretofore at
the age of entry and yet promptly paying its death
claims in full, usually long before the same were
due.
As provided by the resolution of General Isaac
H. Shields of Philadelphia and UNANIMOUSLY