Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1900-04-02
The National Life.
tsHalf Century Of Progress.

| daily Free Press, Burlington, VT Jan .26 1900
In its first half century the company has
| issued total of 1OS,359 policies, insuring
$z25, 1913, 753. 90. About 40 per cent. of this
issue remains in force at the present time,
| namely, A, 116 policies, insuring $3.50, $780,,
| 026 .OO-a good result. The easy steps by
| which life insurance was introduced, and
| the rapid strides with which in more recent
| years it has come to be recognized neces-
| sity by men of prudence and economy, is
| illustrated by the facts that only about one
| and half per cent. of its total issue was
written during the first ten years and less
than II per cent. during the first thirty
years. During the last decade, it wrote 65
| per cent. of its total volume of issue. The
month of December, 1899, the last month
of the half century, was the largest month
of the largest quarter of the largest year in
| the history of the company, in volume Of
| business, the insurance issued in the month
| being almost two and half millions,
| ($2, 439 ,941). The income of the company
| for the year 1899, was ga ,313, 1855; and it's
new insurance issue for the year amounted
| to ST., 917 ,591. In the single year of 1899 it
saved from income 1,549, 1876, increased
| it's outstanding insurance SO, 233, 468. 80 and
it's assets, 81, sos, 508,3S
ssThese figures represent a large number
of transactions. The company has received
in premiums, including annuities, $36, 1856
55O.32, and the income from interest on it's
investments has added IS, 290, O7O.O4, bring
ing it's total receipts up to $44, ZIG, 500 Sc.
The company has paid back to policy hold
ers, on claims by death, $9,O83, e57.1O;
,,,ofrrod on6Oupoopfc 0OO 11d in
dividends and surrender values, 81, 995, 829.-
80; and in annuities, ST., 727.89, total of
S1S, III, 95S. so.
'sIt holds in trust as the property of the
policy holders and as security for the full
fillment of it's obligations. gross assets of
which includes a surplus, as determined by
the standard of computation required by
the State of Vermont, of 81, $40, 604.3
'tIn these substantial returns to its men,
bers, in this unbroken record Offifty years, |
in the continued progress and growth of |
this Vermont institution, are found all the |
evidences required to esta blish as correct |
the principles of the system constantly adj |
hered to by the National, and the certainty |
of it's ability to provide modern life insur
ance at the lowest cost and on the most |
improved plans. AS company, the Ma
tional Life has kept pace with the institu
has achieved a rank among the best compa-
mics in the United States both by the |
volume and the character of the business !
which it does. 1t is an institution in which
its policy holders and the citizens of our
State take an honest pride. 1t enters upon
the second half century of its life, strong,
secure, and with every prospect of contin-
ued prosperity and success; and the best
thing about it all is that as its policy hold (
ers are the company, its income, its pros
perity and it's profits are their property, and
its sta bility is their security"
E. W. MERRILL, Agent,
Barton Landinq, Vermont