The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1902-02-22
Home offices-New York Life BuiId'g

John w Breidenthal. for years state
bank examiner of Kansas and candldate
for governor of the state Kansas in 1900
in last Tuesdays issue of the Kansas CITY
Star. indorses the plan OF the Pk lON.l
ANY association which is engaged in a
legitimate effort to provide homes Tor our
people or to enable them to provide homes
for themselves upon a just and equitable
plan, is entitled to the commendation and
support of all good people, The following
lines will tell you what Mr.. Breidenthal
considers a legitimate effort; First. the
plan must be purely cooperative. That is.
each and every person must share alike
in all benefits OF profits Second. the pro-
InoterS' fee must be reasonable Third re-
liable and honest men must manage such
a company. Fourth. Mr.. Prudential has
several personal friends whose honesty he
does not question engaged in operating a
home company. Fifth, a provision that al
time to secure a rebate on expenses. Sixth
advises people to keep out of companies
Breidenthal has never been asked to join
The Provident Home company Eighth.
years ago that would work out all right
Ninth. per cent of the money actually
SEES Mr. Prudential does not say that
each matured home should be an interest
late Corners. All of these vital require
ments and more are found in the plans Of
the ProVident Home company First, each
and every contract holder in the Provident
Home company shares alike in the bene-
fits of the enterprise. The first home get
tiers give interest bearing contracts which
nelp pay for the late corners homes sec
OuQ. our lee Is very reasonable. 10 cents
OF each payment before maturity, and Is
cents after, or 3 per cent on the total or
81 O73 for 16 years and months service
Third the officers of The PrOvident Home
company are trustworthy and reliable and
can satisfy the most skeptical, even Mr..
Breidenthal on that point Fourth. We are
not the personal friends Mr.. Breidenhal
refers to who operate a home company
Sixth. heartily coincide with Mr. Brei-
denthal Seventh. answered Eighth, great
thoughts run in the same channel Ninth.
the Provident takes per cent for man
agement and expenses. only l per cent
plan Tenth. our members getting homes
give an interest bearing contract that
pays for the late Corners homes. Our
plan is the reverse of all other co-opera-
tive home companies as to their treat
ment of its late corners. Those getting
homes first pay the most money. while the
later ones wait the longest and pay the
least. This balances the scales of equality
and treats all contract holders alike. This
plan has been in successful operation in
Louisville. Ky. for 16 years. and is doing
its biggest business this year.
Other features of our plan are: You
receive 2 per cent on all moneys paid into
the home fund until you are put into pos
session of your home. and where no loan
is taken the contract holder receive
cash to the amount of loan to which he
would be entitled. plus the earnings from
interest and lapseS. We eliminate from our
plan the life insurance, sick benefit and
withdrawal features that other companies
incorporate in their plan of operations
All contract holders must pay promptly
For further particulars of a perfect plan
for procuring homes, farms or loans,
raj on or az