The free lance. (Fredericksburg, Va.) 1885-1926, 1906-01-13
BRIGHT PROSPECTS,
RAPID GROWTH
To the People of Lancaster,
Northumberland, Richmond,
Westmoreland, King George,
Stafford, Essex, King and
Queen, MiddleSex, Mathews
and Gloucester
GREETING

I GREETING
With The exception oi our President
/ Judge Jiu & Ew,il, who has been quit,
sick ior some weeks, the New Year iind'
our officers aud agents IN comparatively
good health aud excellent spirits, imbueC
with renewed zeal Tor thc welfare OF Oul
home institution. With our twenty-tw,
old agents aud lew new ones we hop,
/ to cover our allotted territory better
/ than ever before ana 10 give even clusel
attention 10 risks and the details OF on
| business Notwithstanding the tremcn
dOus increase Of uur business We are on
able To exercise more care and diligence
and the rcmai kable record we hay,
made. " hilcmuch due To careful superyis
ion il in q large measure the insult o
the splendid class Of risksand PEG ple that
make mp Onr roll
Cur books show about 5000 policies
in force .aggrcgntiug more than million
nnd-a.half dollars. The twO.million
mark. il not rnched hy time this Is IN
print. will be- long bciurc March tn next
the day on which our tenth Hnniver-
eary could be- celebrated The most san
Northern Neck Mutual Fire Association
never conceived 81 more than million
dollars IN me first ten years. When il IL
remembered that this il the poor man 5
mutual association, hundreds Of policies
not exceeding two OF three hundred dol
lars each. some idea will be conceived OF
the magnitude of our business and ts
office work.
The year 1905 records a wonderful
squirt in our business. 4 greater amount
OF insurance was issued last year than
the aggregate for the preceding nine years.
In other words, our business more than
doubled in "A single year. Yet with this
great bulk only one assessment ID cents)
was issued in the preferred class ca and
two 10 and 20 cents in the hazardous
class { y during 1903.
Agood preferred mutual ireinstitution
OF Richmond. Va, one hundred years old,
announces that its surplus il large
enough to pay all losses during 1906
without taxing its policy-holders This
is a good showing. but the first time
such happens in it, history. How much
our baby surpasses that good old pro-
totype will be- seen 10y record of eight
small ASSESSMENT in nine-and-a-half
years. twice during which period no tax
was levied for eighteen months In three
years. 1902. 1903. and 1904, only two
assessments land they at 10 cents) Were
levied So our record beats that OF the
best
Insurance has cost our policy holders
in Glass 4 about ~ per cent for five
year period lentrance fees and all costs
fully includedl: and in Glass y (stores
etc. il has averaged from | to ~ per
cent per annum, according 10 nature of
risk. We modestly claim that this rec
ord cannot be- beaten in the Inited
states.
Naturally. as We grow in strength the
cost should diminish, unless We are so
fortunate az already TO have reached
low-water mark; but We think we can
say that We are "out OF the woods, and
there is no reasonable disaster that can
shake us. Our strength now is las the
strength OF ten. and any qualms "a toa
big conhagration is all stuff because
we take but an occasional risk, here and
there, in any thickly settled community.
Such "A prosperous New Year rs we
look forward To We wish TO all
Resupctfully