The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1898-12-13
A HOME INSTITUTION.


-
Headquarters at Houston.
The Post takes pleasure in presenting a
brief outline of the Fraternnl Life asso-
| tary Mr.. b. =. Bailey This Is a inu .ual
lie In. urance order, organized and man
| aged by Texas people, with headquarters
| at Houston.
The association was chartered at the
| beginning CT the year and Notwithstanding
The war and the political excitement oc-
| casioned by the city, county and State
elections, has gone steadily aheai until to-
| day it Is thoroughly established. organ
| ized by some of the best buisless men of
Texas. among whom are found several OF
| the most prominent and experienced fra
| ternal insurance men of America, men VINO
have for twenHy years and more devoted
| their time ard Talents to life Insurance, 1t
| appealed to the people as an institution
deserving confidence and worthy support.
| The founders of the association b. ed its
plans on the experience of the "oll line"
| companies and the history of fraternal
| insurance. 1t is not disputed by those
| familiar with the facts, that the "old line"
companies have charged too much for life
insurance, as l. evidenced by the large re-
serves they have accumulated 10 COM
para lively short time. nor can 1t be dsnied,
on the o,her hald, that the fraternal or
antee any uniformity In cost. so there
should be safe middle ground between
the two systems. With tn idea as a basis
the plans of the association were formed
AID its rates fixed at such a figure us would
provide for the death rate estimated by
the mortality tables and for an adequate
reserve. These rates were formed after
careful study OF al the data on the subject
that either "old line" or "fraternal" his
tory furnishes ami this data was applied
by men trained by many years eyper. ence
In Life insurance matters, so there can be
no question of their adequacy
The Fraternal Life as ocia,lon is one
institution that should appeal to all Texas,
as 1t can be "A power for great good, In
financial way, by keeping al home some OF
the vast sum that annually leaves the State
for life insurance, and. bes dec, as 1t will
rot BIO confined to Texas alone, but will
olicit business in all the States of the
Uron, IL VIII bring here moaey from the
outside, and no State or country offers a
safer or more profitable fled for invest
ment. The volume of its business can rot
be prophesied. but similar institutions.
startirs as 1t does, have in their existence
OF less than TWENTY-FIVE years collected and
expended many milliors of dollars.
The association is differed by as careful
and competent men as can be found. as
those who know them will te tify. An its
Officers harLl!ng money, or respon sible for
is furds, are bonded IN sufficient amounts
In surety companies and every safeguard
Is thrown around It's transaction. While
Il seeks business on its merits. being
Texas institution, in safe ard comDefent
hands. 1t mould especially appeal to all VIII,
believe in keeping Texas money In
Texas"
The following are It's officers: W. A.
Chiidress Houston president: Il. p. Mur.
rey, Kaufman, vice president: b. p. Bailey.
lious on, general secretary; T. l.. Downs
Temple, general treasurer OF heuefi fund.
a. +. sittie, Houston, general Treasurer
general fund; John l., Terreli. Terre
gereral attorney; ]. IT Reu:s. NJ. D.. Gu no
general medical examiner; VIM p Cole
Dallas. chairman finance committees; F. II
Bailey. GAINESVILLE, chairman trustees. q
s McGanghey, Fort Worth. superintendent
organizers
The general secretary, -. p Bailey Cot.
ton Exchange building. Houston. IN
ehserfullv furnish airy ono interests sueh
other Information as they may wish \
Few good meH, men who have had exueri-
enfe IN Collecting life insurance. can chain
prom able employment soliciting business
for the association.