The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1894-09-23
A rHRIFrY COMPANY.
Something Anent the Business Of the Mu-
tHnl Guarantee Company.

Something Anent the Busincss Of the Mu- |
tHnl Guarantee Company.
very busy place in Guthrie Just
now is the Office OF Widmer & Miller
These gentlemen are the territorial
agents of the Mutual Guarantee com
pany of Mexico, and they report
lively business. When The LEADER
man dropped into their office yestcr
day, the two gentlemen were busy
fitting out agents. They are writing
lots Of business and receive scores Of
agencies daily.
TiE LEADER is in receipt of July
and August bulletins OF the Mutual
| Guarantee company, in which it pro.
duces the receipts Of the payment to
| lion. Rosendo pineda, member of the
! Mexican congress, aud r. 5. Rowley of
san Francisco, aud also making an eX-
cellent showing Of the com.
pany's business. This company has
enjoye! n phenomenal business eyer
since its inception and is considered
one of the most substantial and honest
! guarantee companies doing business in
the United States and Mexico The
! Mutual began operations in the month
of May, this year, having obtained a
charter for term of eighty years, uu-
der the federal laws of Mexico.
In its neat prospectus, setting forth
the plan aud operations of its business,
the company publishes a certified copy
of its charter, the only one OF its kind,
by the by, that has been granted IN
the Republic Of Mexico, and also the
certificate of record, duly signed and
sealed by the proper and competent
authorities
The company occupies handsome
quarters in Gale de Gaute. No 1. in the
metropolis of Mexico All its litera-
ture is gotten up in splendid shape,
aud in fact no pains are spared TO
place its merits before the public in
ample shape as it has plenty of capi-
tai TO back it. This company issues
contracts of one thousand (Sl, OoOJ dol
lars each, payable in monthly INSTALL
mcnts OF g. 90 with an admission fee
OF ten dollars upon subscribing.
The plan of the company is an in
& enius com bination of the best fea-
lures of mutual life insurance com
panIes, and building and savings asso-
Citations. 1t deals with the living and
natures its contracts during the life
time of its members. 1t enables the
small investor to accumulate his
monthly savings to obtain payment of
a 81 900 contract at n smaller cost,
than any other known investmentcan
afford
Although the company does not issue
contracts for any larger amount than
one thousand dollars TO any one per-
son, yet il does not restrict its mem
bers TO only one single contract, but
issues as many one thousand contracts
TO one person. as are desired.
The company has commendable
feature in the way of reserve
fund for protection of the heirs of de-
ceased members. Contracts are paid
according to an equitable table of pay
ments, which is published in the pros
pectus on the application blanks and
on the contract itself and which is
arranged upon scientific calculation,
with view to give members that JON
at a later period an equal chance with
those who have joined much earlier
The financial system of the Mutual
Guarantee company's plan of opera
tion embraces the best features of SINH
lar companies in the United States,
that during the past few years have
rapidly grown in public favor. The
try and has already written one mil.
lion of business. Some of the most
prominent men of mexico and this
country are interested in the company,
and its success has been marvellous.
The board Of directors is composed
partly Of Mexican, partly of Ameri-
can gentlemen. The president is the
: famous jurist Senor Don Francisco
Alfalfo, who rs also the American
counsel of the company Following
Is sample of the enormous business
transacted by the Mutual. Amount
of business written July ~, 1894,
$3.50. 900; amount of business
written in August, 1894, $685., 600;
total amount of business written to
date, 81, 32j 900; total number Of con
tracts written TO date, 81, 1926: amount
Of cash paid TO contract holders,
81, 600.
Widmer & Miller of this city are the
territorial agents Of the company and
|, they are doing large business in en-
ploying agents and writing. The
Mutual being straight, solid and hon
est, il cannot hello uros Dcring