The Savannah morning news., 1902-01-25
THE ANVIL" DEAL CLOSED.
Local Insurance Company Amalga-
mated With American Guild.

mated with American Guild.
That The Anvil" a local fraternal
insurance company, has amalgamated
with the American Guild, Richmond,
was the statement made to represen-
tative of the Morning News by Mr.
d. b. Lester. president of 1.-The Anvil"
upon his return to Savannah yester-
day morning from Richmond, where,
with DR.. M. y. Corbin, medical di-
rector. he had been in consultation
with the officers of the American Guild.
The rumor that this deal probably
would be made was stated in yester-
days Morning News.
The American Guild, said Mr.. Lester,
has for some time been allying with
ITSELF by amalgamation, the smaller
fraternal insurance concerns of the
country and as it made q most advan-
tageous offer to THE Anvil it was
decided to accept it, Besides 1.-THE
Anvil the other companies recently
secured by the American Guild, ac-
cording to Mr.. Testers statement are:
the Protected Knights of America, the
knights of Damon, and the knights
of Columbus.
The purposes of this amalgamation
of '"rhe Anvil and the American
Guild and its effect on the policy
holders of The Anvil" are best set
forth in the following letter which will
be sent 1.-The Anvil's" agents and pol
icy-holders within day or so:
This is the era OF amalgamation,
and in no enterprise can such be eff
fected with greater benefit to those inn
mediately interested that the CONSOLE
dation of fraternal benefit societies
who have practically one aim, and that
of furnishing protection to members
when the productive days are waning
and to widows and orphans of de-
ceased members. Such amalgamation
rot only saves office rental, salaries
clerk hire, taxation and numerous 9TH
er expenses incident to two societies
ny consolidating them into one, but
The combined financial and numerical
strength gives to every member add
ed security 1t is with this point in
view that THE Anvil of Savannah.
Ca, the knights of Columbus of Bal
timore, The Protected knights of
america, OF Jackson, Miss, and the
knights of Damon of Macon, Ca, have
consolidated. The official management
OF the affairs VIII be vested in the SUI
| preme chapter of the American Guild
| located at Richmond, Va.
The rates of the American Guild are
based upon National Fraternal Con-
gress tables, which are known to he
correct and therefore, vouchsafe the
blessings of security and perpetuity. so
essential in matters pertaining to in
surance. Under the Arrangement eff
fected the members continue to nav
the same assessment and receive the
corresponding benefits under the TWEEN
tleth century mortuary and old age
benefit plan of the American Guild.
which grant twelve desirable benefits
under one certificate. including protec-
ton IN the event of old age, death,
sickness and accident
I'VE enclose herewith benefit certiG-
cate TO take the place of your certifl-
cate held in The Anvil AMI all that
is necessary to make the new certiti-
| cate effective is for you to sign the en-
closed health certificate and return the
| same to the supreme secretary at tich-
mond, Va. You can continue to make
your payments as heretofore to the sec
rotary of your chapter VINO will remit
in the usual manner, but you will have
the added security of the combined
membership of the organizations and
of a substantial reserve fund.
eve enclose at the same time the
last annual statement of The American
Guild, showing it to be in splendid
condition, and not only the strongest
order in the South numerically and
financially, out one of the safest and
best in the land"