The indicator., 1897-07-24
FRATERNITY, PROTECTION.
THE "UNITED MopERNS." DEN
VER'S NEW FRATERNAL ORDER
CONDUCTED ON A NEW PLAN.


| available as the certificate which binds
| some sound, reputable and f1tr-dealng frn-
| tcrnal beneficiary association to pay 10 hls
! heirs certain amount OF cash within
| specified time after proofs OF his death have
| been made. Millions upon millions OF dol
/ lars have been distributed among the fam
/ HES Of deceased certificate holders during
| tion in some safe and reliable form has come
| 10 be regarded MS one Of the absolute neccs
| Is 10 leave lis loved ones provided for when
he is called upon to lay down his burden of
! care and toll.
Some too High. Some too Cheap.
! That there Is no scarcity Of life Insurance
| companies and associations. is well known
| and It Is equally well understood that the
/ with their excessive rates large divIdendS
| mud high snlaricd officials, charge entirely
| too much to enable men In the poorer paid
occupations of life 10 carry policies In that
| class OF companies. And Of late 1t Is coming
| To lee wel-rccoGnizcd fact that almost all
| the fraternal organizations with beneficiary
| features are open to an equally strong oh
lection, in tint they charge too little TO in
| sure their existence for more than n com
| paratlvey few years. In their desire to Sc
| cure large. membership within short
| fatal mistake Of fixing their assessment
| rates so low as to preclude the possibility OF
accommodating anything In the way Of q
| guarantee or reserve fund. and the result is
| Inevitable. AS the benefit Of first
medical selection wears on. or the members
nm army OF members constantly marching To
| the grave sni'ices in a few years to begin
/ iitIf sure process OF decay WinfH Is never III
| tcrruptcd. hnt goes on steadily u the end
| They make no provision for the incrense or
assessments which must necessarily follow
when the young members begin to be old
members and the mortality rate becomes
| large. while sufficient new blood" cannot
| be infused into the society 10 offset the nat
ural increase in the dcath rate. I'etween
| and too little, there Is golden mean, ana
that has been attained by
Tn. United Moderns.
A new fraternnl order which was organ
lied little over three months ago by
large number of Denver's most prominent
citizens and best iinanciers. The Organ
izcrs and management OF the United Mod
ming OF their Efforts First. that the plan
of any new Organization Of this charaeter
he a little better than the plan Of any sim
| liar society or order 1t must be practical.
gree II must mus he d@roid Of the " fa"its and
weaknesses OF other plans and embrace NIL
the good features OF others. 1t must go far
iirely new. All this the founders and pro-
motors Of the United Moderns have done:
| and done 1t well. Second the management
| must he aggressive, and certainly In this
| respect there can be no criticism. for. In less
zatlon. the United Modrrns have entered
| over one third OF all the towns In the state.
forming lodges md numbering among thr
| membership In each place many OF the most
prominent citizens. What Its record viii
be In three years at thls rate Is something
| that would be difficult to estimate.
What the Plan Provides.
The plan of the United Moderns. while
providing for the protection of It's members,
| without increasing the cost to them as they
| grow older. by the accumulation of n re.
| serve fund. only makes II necessary to charge
Is charged by those organizations which
make no provision for a reserve. fund In
other words, the member. while In his
| willingly pays tribe more IN order that
when he becomes old and feeble his assess
ments VIII not Increase. rs !. the case in
| most institutions of this kind. This plan
| permits the young man to join in later years
| Mt the same cost as the young man Of to-day.
thus nsuring continuous frowth and pros
| perity of the order at time when other
| orders working upon the death assessment
| PLAN would he going into decay.
For both Men and Women.
| Those eligible to membership In the United
Moderns are men and women between the
| ages OF Is and 30 years Applicants must
| pass satisfactory medical examination, ana
| certain hazardous occupations are prohibit.
| ed. thus reducing the risk to the lowest pos
| siblc figure.
The fraterual feature of the United Mod
| erns is an attractive one; bringing together
| In social way the ladies' and gent lemen
| who constitute the membership OF what Is
doubtless destined to become leader
| among the greatest fratcrnal organizations
| in the world.
| Officers OF the oldIinc companies admit
that they charge too much for Insurance,
| while the promoters of wcll-known assess
ment companies acknowledge that the great
| est weakness of and peril 10 these organizn.
|
| having been made for the accumulation of n
reserve fund, That the inevitable increase
| plan secures protection, and many fraternal
| benefits as Well at 4 minimum cost, as
clearly stated III the literature OF the Mod
| ems.
Another Modern Feature.
The Investment of the surplus or reserve
funds is under the direction Of the board Of
| managers of the Moderns and the advisory
committee. acting Jointly under u modern
| system of accounting and checking, de-
| signed ia reduce to the minimum every pos
sibliity Of the loss Of any OF the funds.
! Among this latter committee are such we'll
known men as ex-Chief Justice Helm. late
q the Colorado Supreme Court H. ii.
| Webb, the present sheriff of Arapahoe
county, the other members being men of
| prominence, resident in other states.
| The Officers and Managers.
The officers and board Of managers of tho
| United Moierhs are MS follows Supreme
cral manager and attorney of the Fidelity
| Savings Association Of Denver, with sub
scribcd capital OF Siooo,ooo; vice supreme
| chancellor and department organizer Il. NJ.
| Elliott late Held manager of the Fidelity;
supreme recorder and counsel, Il. w. smith.
| a well-known practcing attorney of this
| city; second vice chancellor and department
orsanizer, ": l.. Showers, late, general agent
DR. 6. n. Mscomber a prominent Denver
physic,nn and surgeon; supreme iinancier,
nently Identified with the Fidelity Savings
| Association, Is member of the board OF
managers. The Repositories Of the United
| Mo1erns are the Denver National Bank,
| capital and surplus SGsO,Oo0: the Fidelity
sso515S Association capital and surplus
Thus 1t will be seen that. with Its adj
ample financial endorsement. there is moth.
| Ing In the wny, Of the success of the United
M hs Which Il sne%bered With none Of
tremcs between which 1t forms happy
There, is the greatest need for such n
plan, the rcasunnblcness and business OF