The independent., 1903-09-17

1uAuy lO matter WQdL Llelr circumstances may
De, or how small their income, need be withou
the best cooking or heating stove made.
t5w John Samuels Paid . $1,000
Mortgage.
John Samuels lives in Brown coun-
ty, Kansas. He is a farmer thirty-five
years Of age. He came to Kansas from
the East in 81, bringing q young wife,
two children, and some money The
money he invested in 16O acres of land.
He paid good price six thousand dol
lars two thousand down and a mort
gage back for four thousand. But it
wos well-improved farm and
worth it.
There have been fat and lean years
in Kansas, and in 1902 John Samuels
still owed three thousand dollars on
his place. He had reduced the debt
one thousand dollars, an average Of
one hundred dollars per year, and kept
the interest paid up. His expenses in
creased with the growth of his family.
His wife's health was not so good OF
late, and he paid an occasional doc
tors bill. Some Improvements and
extensions must be made on the farm
buildings. He would be fortunate if
ne could make these additional neces-
sary expenditures, keep his interest
paid up and continue applying one
hundred dollars per year on the mort
gage.
ne realized at this rate he will be
very old man before the farm will be
free from debt. If he dies the home
will be sold; perhaps at time wher
It may bring little, if any, more than
the mortgage. The savings of a life
time will be lost and the wife and chill
dren will suffer. :
One day stranger appeared anc
asked permission to explain life in
surance. Mr.. Samuels listened intent
", conceded it was just what he need
ed, that he would like q policy, If he
could pay for it, but he owed three
thousand dollars on his farm, and II
was all he could do to pay the interes.
and a hundred dollars year on thu
principal. AS the premium on a pol
Icy at his age would be $102.60. he die
not see how he could carry it.
Suppose" said the agent. "the per-
son who holds this mortgage on the
farm should say to you: If you con-
tinue to pay the interest as before, but
instead of paying one hundred dollar
year on the principal, pay me $l02.G
per year, will, il you die, cancel tht
mortgage, giving your wife the farm
IL you live twenty years, I will release
the mortgage giving the farm to you.
You surely would accept such a propo
sition. = Now, Mr.. Samuels, continue
paying the interest, but instead O.
paying one hundred dollars per yea,
on the principal, take a three thou.
sand dollar policy In the Old Line
Bankers Life Insurance Company OF
Nebraska, which at your age, thirty
five, will cost $102.60 each year 70,
twenty years. If you die, your life in
surance will pay the loan and leave
your home free of debt. If you live
twenty years. your cash settlement
of the guaranteed reserve
and estimated surplus will pay the
mortgage and leave you $210.45. YOU
have paid out $2,052.0O, and have left
PzlO.45, thus paying a debt of three
thousand dollars with $1,S41.55. Oh
sixty-two cents on the dollar, havina
meanwhile guarantee that, should
Tou die, the debt is cancelled"
For more than a century, farms and
lomes have been paid for in this man
Ter, by policies in Old Line Insurance
Permit our agent to ex-
lain the details more fully. If you
want more land, ask for Circular No. I |
Flow Jones Bought and Paid for a |
$1,000 Farm" If you are a renter. or |
nst starting in business. or working |
Or a salary, ask for Circular No. 3.
moving how, without security On your |
'art, you may buy a bond on twenty |
ears time, guaranteeing to your fam
ly home, if you die, and to your
elf a home If you live.
For further information address the
" D LINE BANKERS LIFE INSJJR-
ANCE COMPANY Of Lincoln. Me-
raska. = y
n Mr. CT An r AlrC uAl