The Delawarean. [volume] (Dover, Del.) 1859-1927, 1900-04-14

The Company has had but four chief
executive officers, and under their sue
cessive administration it's growth has
been as follows:
Under President Norris
Robinson, who was cleo
ted in 1S43 and served
six years. the assets
reached. :. -. ......$ ,i63 1858
Under PresidentJoseph B.
Collins,who was elected
in 1S4S and resigned in
1858. the assets increas-
ed During years. to-. 2,060, SAG
Under President Freder-
lex S. Winston, who was
elected in 1853 and died
in 1885, the assets in
creased During 80
years. to. -. 1885, 79
Under President Richard
A. McCurdy, who was
elected in 1885, and is
now the presiding ofiie-
er, the assets have in
creased to-. -. :. 49,. 301 ,S44 537 SO
This money is invested chiefly i'm the
United States and in the countries of
Europe where the Company transacts
business. BY judicious investments in
their securities railroads, schoolhouses,
canals, have been built throughout the
United States as a consequence of the
Use of the funds thus loaned by this
Company The Mutual Life in this
way obtains safe investment and the
people are i'm return benefited by the use
of the premiums they have paid to the
Company for the insurance that they
or their heirs ultimately receive as
their policies mature AT the close of
the year 1899 The Mutual Life Insur-
ance Company had the bulk of it's
asserts invested as shown here:
United States Bonds and
other Securities. -. ..$173, 1S5. 461 IA
First Lien Loans on
Bond and Mortgage. 74,794,S21 GO
Loans lonBonds andlother
Securities. ~. :. $4,000 90
Loans on Company's
Policies. !. :. ...... 4,374,636 66
Real Estate owned. 49,. 23,1S6,525 06
From the date of its organization in
1913 The Mutual Life has paid to its
members:
For death claims. 49,. 1920, POI ,261 So
For matured endow-
me1ts. ........ 46,7lS,S97 "A
For dividends, surrender
values, etc.. !. -. PAT, IT, 1871 02
Total. -. 4. !. 49,. .$514. 1d7 GAG 81
The whole course of this Company's
existence has been a source of benefit
not only to the people but also to the
Governments of the United States.
During the Civil War the management
of The Mutual Life repeatedly assisted
the Government, by subscribing for
millions of the National Bonds and by
advancing money for the equipment
of troops and the care Of the sick and
wounded in the field.
No life insurance company in the
world has produced such excellent re-
suits for It's policy-holders. One no.
liable policy is that issued to Mr. Cyrus
w. Field, the man whose energy re-
suited in the laying of the first Atlantic
telegraph cable between England and
America. This policy illustrates the
marvellous earning power of the funds
of The Mutual Life
The policy was 42l, issued December
16, 1S49, on the ordinary life plan. the
amount of the annual premium being
s19S.
The whole amount of premiums
pald was. -. ..........$ 9,702
The sum paid by the Company
was the amount originally in
sureu'... .......... 10000
And addition by dividends ). 19,O67
Uudl. ........ SZ9 ,U6l
No other insurance company in the
world has shown result equaling this.
The Mutual Life Insurance Company
is represented by agents, attorneys
and medical officers in every State lof
the American Union, in all portions of
Canada and of British Columbia, in
the United Kingdom (Great Britain,
Germany, France, Belgium, Holland,
Norway, Sweden. Denmark, Finland,
Austria, Hungary, Italy, Australia,
Cnnllh A frioa NIavio, and rl,,lo T4 l.;