New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-07-20
Common Sense in Kansas.

SERVE LIFE FUND ASSOCIATION ADMITTED
TO DO BUSINESS IN THE sTATE-A con.
sCIENTIOUs STATE SUPERINTENDENT
EXAMINES THE BOOKS AND We'll
COMES THE NATURAL PRE-
MUM COMPANY.
There IS one building in New-lork from wmch Wv
American flag may be- seen flying every day III '.''
year-tlat Is the new building on Broadway Oh .'e
Mutual Reserve Fund Lifc Association. THIS Is ny
order Of President t. B. Harper whose PATRIOTISM 10
not mere holiday matter and under whose ""''',"
lstratlon the business OF this astonshngly success"
company ha, extended all over the country Vi "'o''
greatness the flag Is the symbol.
President Harper ha, Just scored great triumph III
establishing his company In Kansas where ior yea' "
has been kept out by the determination OF the STATE super
tcndcn, e Insurance to prohibit all fratcrnal ana
ment societies from doing business there-a Discrimination
which had It's origin in the jealousy old line COM
panics which found large volume OF their pu i"e's
drifting the Office Of the more progressive '"'u
Reserve Fund Life Association Mr. Harper's hshC Desa"
-cycn Year, aqo when D. w wilder the STATE super
intcndcnt. In the beginning he invited Mr. Wimf 10
come to NcwYorh send his deputy with all he hece
sary clerks his expense, to learn from inc "'oA "
the company that it strong, substantial o"'' d'
was done business on a solid foundation But as sueh
an examination would inevitably have taken away Io 'a'
excuse for keeping the comTny from t'king the cream
of the business Kansas. the proposition wa hoC Az
ccptcd The proposition wa> rec''N'u 'o NM
frankly by Mr.. Wilders successor, w H. Ncbue' nu'
the present Superintendent, Judge = H. Sidef rcco2'
nzng the fairness Of the rroposon. and not seeing why
the citizens should not have the opportunity vi
getting Insurance az about half the usual rates If strong
company stood ready 20 offer Il. sent on HI, assistant
Mr. Cherries A. TAYLOR make the examination rcdues'eu'
He INVESTIGATED financial condition OF the company
and found II solycn, and prosperous; he examiner is
,scm and reported II 10 be founded on sonnh OASIS
nsurlnc pc m anency; investigated its management ana
found ,t honest and ntcgcnt he examined it, securities
and found them all there and gtcdgcd and it, loans
averaging les than 60 per cent on conservative Nha'
ton Of the properties Investigated it, contested claims
and found none contested except fraud and he iound
annie prccauton, Tor in-,unl only the best class Of
lives and the methods admitting members % cons'rva-
tive that the company rcJe,t1 higher percentage OF
applicants than other ir-tate company uhn' Horc
Ger linly protecting III, injured.
What wonder thai ne Immediately rendered report to
judge Sniacr recommending the admission OF the MUTUAL
Eo.crye Fund Life Association do business in Kansas
a. a Natural Premium Company and what wonder that
on tho very next day the Superintendent did SO adnit
and what wonder that COMPANY that score such an
immediate victory a, soon IL, sias are thoroughly
examined should lave received nearly $50 100000 Of new
hu,lncss in tho first six months Of 1898 should have
nearly. $50 600 600. Of insurance in force having saved
to member, IN premiums over 31,oJOiccO pi h''f9
Il eco IN death crIins and rolled up He-erNe OF
Emergency Fund Of $500 900
The public appreciate the advantages OF the Natnrl
Premium plan Of the Mutual Reserve Fund Life As'%la'
zion and 10 GOOD thing that Kansas i, to have the
ouportunity OF bcnchtnc by th, great improvement on
the inoquitabe system still adhered To by the old line
companies.