The broad ax. [volume] (Salt Lake City, Utah) 1895-19??, 1897-08-21

THE "uNrTED MoDERNs." DEN-
vER'S NEW FRATERNAL ORDER
CONDUCTED ON a NEW PLAN.
Reasonable. Safe and . Magnet Thst WIN
Draw and Hold ToSsthsr
Tho1sAnda.

30 certain. % safe, 80 easily and 80 Sgickly
available as the eertihcats which binds
ternai beaeacisry association to pay 70 his
specified time after proofs Of bis death have
lars have been Distributed among the fam
Lies OF deceased certificate holders during
the past quarter Of 2 century; until protee-
TO be regarded as one Of the absolute neees-
slides OF every man whose aim and object
Il TO leave his loved ones provided f'r when
he Is called upon to lay down his bI den Of
care and toll
Some too High, Some too Cheap.
That there is no scarcity Of life insurance
companies and associations, f. well known.
''old line or 'leyeI premium" companies.
with their excessive rates, large dividenda
and high-salaried officials, charge entirely
occupations Of life 20 carry policies In that
class Of companies. And OF late II is coming
to be well;recognized fact that almost all
features are open to an equally strong Cd
lection. in that they charge too little 20 In
paratiTeiy few years. In their desire to Sc
cure q large membership within short
time, most OF these organizations make the
rates 80 low as to preclude the possibility OF
accommodating anything In the way OF q
guarantee or reserve fund, and the result is
medical selection wears on. or the members
first admitted live out their life expectancy.
an army Of members constantly marching 70
the grave sufhees In a few years TO begin
that sure process Of decay which Is never In
terrupted, but goes on steadily to the end.
They make no provision for the increase OF
assessments which must necessarily follow
when the yonng members begin to be old
members, and the mortality rate becomes
be- Unused into the Society TO onset the nat
ural increase In the death rate. Eetween
these two extremes Of charging tor much
that has been attained by
The United Moderns
A new fraternal order which WIS crgan-
lied little over three months ago Dy
large number of Denver,s most prominent
citizens and best financiers. The organ
izers and management Of the United Mod
ems recognized these facts in the begin
of on sD St p Seer this
must not only be good plan, but IL must
be little better than the plan Of any sim
attrsetive and meTitor,o1s TO an vp9susi de-
gree. IL must be devoid Of the faults and
weaknesses OF other plans and embrace all
tier. and incorporate features that are en-
tirely new. All this the founders and pro-
moters Of the United Moderns have done.
and done II well Second, the management
must be aggressive. and certainly in this
respect there can be no criticism. for, In less
than three months from the date Of organi-
Zation. the United MOderns have entered
over one-third Of all the towns In the state,
forming lodges and numbering among the
membership In each place many OF the most
be In three years. at this rate. Is something
that would be difficult to estimate.
What the Plan Provides
The plan OF the United Moderns. while
without Increasing the cost to them as they
grow older, by the accumulation OF re-
serve fund. only makes IL necessary TO charge
a slightly higher rate In the beginning than
Is charged by those organizations WHICH
make no provision for a reserve fund. In
other words. the member. while In his
younger, more vigorous and productive age.
willingly pays n tribe more In order that
when he becomes old and feeble his assess
most institutions of this kind. this plan
permits the young man TO join In rter years
at the same cost as the young man OF to-day.
p rapn n 81 the order az time wien other
orders working upon the death assessment
plan, would be going into deesy.
For Both Men and Women
Those eligible to membership IN the United
Moderns are men and women between the
ages OF IS and - years. Applicants must
pass a satisfactory medical examination. and
certain hazardous occupations ere prohioit-
ed, thus reducing the risk to the lowest pos
The fraternal feature Of the United Mod
erns Is an attraetiSe 9 'e Uring d gs.Demsn
who constitute the membership or What Is
doubtless destined TO become leader
among the greatest traternal Organizations
in the world.
Summary.
Ofncers Of the Old-line comps niles admit
that they charge too nuch Tor insurance,
while the promotes rom OIL tbst The sTest.
est weakness OF and peril 10 tileSe organliza-
lions lies In the lack OF proper provision
having been made for the accumulation OF a
reserve fund, so that the Inevitable increase
In cost may be averted. The truly traternai
plan secures protection, and mauy fraternaI
WaNTNNWU n !
clearly stated In the literature Oh Tue MVu-
ernh
Another Modern Feature.
The Investment Of the surplus or reserve
funds is under the direction Of the board OF
committee, acting jointly under modern
system Of accounting and checking, de-
signed to reduce to the minimum m every pas
Among this latter committee are such we'll
known men as ex-Chlef Justice Helm. late
Of the Colorado supreme Tsnrig court rdnab a
county, the other members being men OF
prominence. resident In other states.
The Omcers and Managers.
The officers and board Of managers OF the
United MOderns are as follows: supreme
Chancellor, Edwin NJ. Johnson, who Is gen
eral manager and attorney Of the Fidelity
scribed capital OF 81 800, 900; vice supreme
chancellor aud department organizer, Z ~.
Elliott late field manager Of the Fidelity;
a welI-kHOwn practicing attorney OF this
city; second vice chancellor ana department
organizer, w. l.. Showers, late general agent
OF the Fidelity; supreme medical examiner.
Dr. G. n. Macomber, a prominent Denver
physician and surgeon; supreme nnancier,
+. s. Irish. assistant cashier Of the Denver
National Bank, while NJ. Il. johnson, promi- |
nently identified with the Fidelity. Savings
Association, Is a member Of the board OF
managers. The repositories Ut the United |
Moderns are the Denver National Bank, |
"a pItal and surplus $6S0.0O0; the Fidelity |
savings Association, capital and surplus |
Thus IL will be seen that with its ad- |
mirable plans, its aggressive pulley and its |
ample AnancIal endorsement, there Is moth |
ing In the way OF the success of the United |
Moderns, which IS encumbered with none OF |
the dangers or difficulties or the two ex- !
tremes betw zen which II forms q happy |
medium.
There Is the greatest need for such |
plan the reasonableness and business OF Il
which appeals to all who Investigate. The /
growth already attained by the order will /
enable II to protect all present business. and
insures the greatest strength and perma-
nency.
originated In Denver, Is a source OF con-
~. IA