New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-01-25
REPORT OF TWE FINANCIAL
SUPERVISOR OF THE MUTUAL
RESERVE FUND AND LIFE As.
SOC1ATION.
WILLIAM PLIMLEY. Financial Supervisor.

January c3d. 1894.
To the President and Board 81 Directors Of the Mutual
Reserve Fund Iifc Association:
Gentlemen-lt has been pleasure be associated
with but brief period Of time having been appointed
September % 1893. and report from your Financial
Supervisor will necessarily be a brief my
field OF duty with experience and knowledge
Of financial matters extending period OF twenty
eight years. having been You aware connected
with the Money order Department Of tn" Post Office
from its infanc in 1861 until August. 1888. In 1865 1t
employed clerks, and did business 81 O00
period the business gradually Increased
year year until 1899. when 1t reached the
nous sum Of 81 For twenty-five years |
OF this department. with all its
notifications without loss 70 the Government Of sin
gle dollar / mention these facts In the personal
sense but TO illustrate the necessity Of pertec, system
carry successfully the details OF great and
Ing business.
When became your pleasure appoint my
present position realized that the magnitude and
importance OF the business OF the Mutual Reserve would
command my best efforts in order 10 keep pace with
those who have had OF experience in the insurance
world Technical knc wedge OF your methods known
while connected with the Money order De-
parment, having occasion to deal with officers al
most daily. and during that time formed a very strong
favorable opinion Of the in which your
cil matters conducted. II that your
accounts with the Post ONCE Incorrect and since
my business connection with your Association began 1,
has become part OF my duty to look into financial
affairs take great pleasure I'm stating that your
tom checks counterchccks and the safeguards
YOU placed around your working force In the in
terests members OF the are complete
and worthy OF every commentator. IL Is source OF
much qualification 10 be able these facts.
and the members OF the Mutual Reserve are 10 be con-
graduated the untrng zeal. honest endeavors and
loyal s,eadfas exertion with which have conducted
the the Association such successful stand
point
also pleased TINT you have brought to your
Association ability Integrity OF the
present Superintendent the Mortuary Department Mr.
Charles W. Cowtan. His long association with me In my
former field his extended direction
supervision OF clerical work render him especially
desirable addition the working force OF
ton he proved OF invaluable assistance In
my necessary investigation and supervision Of the finances
" the Association.
realize that | have much 10 learn In my compare
lively field Of duty but with the support that
cen by honored and capable Pres-
dent and the Officers general. | hope 10 be able TO
further the Association 10 such extent
TINT will meet the approval OF you ALL
For the uniform courtesy and kindness exhibited on
your part am grateful and trust that the pleasant
ations now exist the officers OF the Asso-
citation may be continued for all time 10 tho end
may make Mutual Reserve the greatest and most
Life Insurance organization In the world
Very respectfully your obeJient servant.
WILLIAM PLIMLEY
Financial Supervisor.