Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1896-04-05
a GRAND RECORD.

Particular attention Is called 20 the
summary OF the important points OF
the annual statement of the Mutual
Life Insurance company OF New York.
appearing elsewhere In the columns OF
this journal,
The record or this grand old company
II a magnificent showing OF what wise
financial judgment aud conservative
management may brink about. A cnrc-
fnl reading OF this statement and rec
ord iH worth the while OF every person
insured on contemplating insurance.
aud to those who are SO fortunate as
70 be insured In the Grand old Mutual
II IN surely a source OF Rratliication 10
them ns wen OF assurance that their
interests AS poiicy-holders are being
looked after.
II would not be out OF place here 10
call attention TO some figures IN tho
company's statement Tho gross as
sets now amount TO the magnificent
sum OF S22l. 2i3. III. 80. and bear In mind
that this ~ no accumulation of mo-
nOpoliatic capital, but grand trust
fund held Tor tho future protection OF
It's great army OF policy-holdera. The
undivided surplus IL now $50, sec, 563,7b,
but the most alEnihcant part OF this
statement II after all the one which
reveals the amount paid TO policy-hold-
ere. The object for which the company
exlsta today IL manifested by the great
meas % this disbursement: s25,ig0, 7sS.i5
paid In single year to pollcy-holders
needs no comment except TO cal. attep-
ton 10 the fact that while paying this
enormous sum 10 benonciarieE the as
sets Increased during the same year
over sixteen millions 81 dollan ana tile
surplus over four millions.
The Insurance account for 1895 also
shows another remarkable feature, and
that ia that the company In one year
Increased it's paid-for insurance over
sixty-one millions Of dolnra, a record
unsurpassed by this or any other COM
pany IN the history Of insurance.
II may he Wen here to remind the
reader that the company has now It's
record before the public for ffty-thrce
years. and 10 understand ita true work
IL is necessary to look back mt what II
has done II han In fifty-three years
paid TO bcneliciaries IN death claims
$1G5. $50 CROFT II has paid rs living
members In endowments, nnnuities and
fetal Of siii 1861 e254e. Resides 1t has
How assets OF S2gi .2l3, 72i.33. with sur
plus Of over twenty-sIx millions,
I Can you question the standing OF a
company that has received from policy
holders In premiums 1867 7Ds, SSb.b6, and
yet has paid 70 and accumulated for
them scg0 5c5. 2oi27, or over ilfty-ncven
millions OF dollars aboVf premium re-
ccfptu Certainly a noble attest TO ita
wise financial management and con-
sentative methods.
~ must be borne In mind that tho
company that most nearly approaches
10 The Ideal Lifc Insurance organization
~ the one which dishnraes the largest
amounts 70 It's policy-holdcra and at
the Hania lime holds for their future
benefit md ancurify such an amount as
WIN guarantee the ultimate payment cs
every policy on ts books THE ngurta
n the hualnoss done by this company
during the past nfty-three years are 10
eloquent Of the work accomplished an
60 require no comment hero.
An organization which pays out 10 It's
members over Hli 100000 and efill holds
Tor their security over t22Q.000,QoO full
nllH the mission ~ n life insurance COM
pnny IN the broadcast and fullest meas
are. Such an organization merits and
receiven tho confidence OF every one ot
rs members and T. az the same time
The nride Of every one who ia iptergsted
IN The material, growth and prosperity
~ the great nation within whose or-
deiB this company has grown 20 It's
present wonderful magnitude.
The roplrrny's oiiaiurea IN Texas ne
serves some mention here. for Y has
the largest hIsinesr on III books Of any
company doing busiueAH in the state. !
ana besides "A the larHett tax payer of
ifei class The sf1fenNnf which ayr
pears olseaiiere In this paper ~ tyI- I
dance OF this fact i5c.ida@ Lalng ahead !