The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1906-07-12

ertv. in Default Of Heirs, Goes 20
the state-Liabilities and Limited
Partners
BY KATHERINE LOUISE SMITH
often it is wise FOR a woman TO in
vest in an annuity. Advanced age. lin
tied means, incapacity for bus ness
may demand tha; a woman secure for
herself for the few remeining years OF
her life more than the ordinary income
OF i've per cent. On her principal. Take
the case Of a woman Of IS years Of
age. whose entire principal is only
s2.oQo. Il is evident shs cannot live
on the interest Of this money even If
she exercises strict economy. II she
knew absolutely how much longer she
had 10 live she could compute how long
her money would last. but she does not.
The consequence is she looks forward
with dread 20 tbs time when her prin-
cipal will e exhausted. For s-c1 a
case. a life annuity furnishes an ade-
Quare relief. for the woman gets a
much larger sum per year than If her
money was out at ordinary interest.
True the company obtains absolutely
the principal al reT death. but it is
for this very reason tney can afford 10
pay a larger percentage than can lie
obtained IN any other way.
Life annuity rates differ from three
10 81 years. the rates for persons over
50 being the same as for that age. As
an example, a woman IS years Of age
having 5000 can invest in an annuity
that will bring her for life an income
I OF S455.15 per annum. whereas CT
dinarily the same principal would
1 bring only about $3.50. Her heirs are
| thus deprived OF any Of her estate, but
she is provided for for the remainder
I Of her life Il will be readily under
I stood that no comDarr guarantees TO
/ pay an annuity with the expectancy
/ Of losing in the end Hence the young
/ er the applicant. the smaller the an
I nuiIy. for the chances are the appli-
/ cant will live longer. An annuity Of
/ $1,000 purchased at the age OF three
/ years brings s4SSs yearly. whereas the
same amount invested in an annuity
al the age of 80 brings in s1s3.s5 a
year.
"If make out a check hurriedly and
in my haste make the figures and writ
ten amount different. which holds
good? | try to be careful. but am fear
full | may sometime make this mis-
take.".-A Public School Teacher.
The amount called for is the amount
written out. The blunder is almost
inexcusable, but happens on occasion.
AS an instance Of the care whi h
should be taken in comparing the writ
ten amount with the figures after the
dollar sign. the writer knows Of a
check where the word nine was witt n
correctly, but after the dollar sign the
figures 900 were affixed with no period
before the ciphers or without the usual
way OF writing. namely 80 O0-1G0. The
consequence was that the teller read
the check hurriedly and paid out 5000.
This check was deposited in a city
where the maker was stopping and
came through the clearing house.
Though in this instance the mistake
was rectifed. under some circum-
stances it might be difficult or impossi-
bic to DO so. or to recover the money.
IF | buy furniture on the Install
ment plan. to be paid for in five Install
ments and if after paying three times
| find it impossible to continue the pay
ments, will | lose my furniture PA
Boarding House Keeper.
Yes, il you have signed a paper or
lease TO that effect. II seems a heart.
less proceeding TO sell with an agree
ment that the articles can be taken
away upon failure 10 pay all the in.
stallments and that the storekeeper can
keep the money which has been al.
ready paid, yet such is the case ard
many people lose furniture. sewing
machines, etc, by signing such con-
tracts Better read the paper and un.
derstand il thoroughly before entering
into such d bargain. There is one way
in which you can make an effort &c
save your furniture and that is to Try
to get some one to lend you enough
money to pay up the balance on your
furniture, taking in exchange chat
tel mortgage. You will still owe. but
II Will put on the day OF payment OF
the debt and save your furniture fol-
the present. Both positions are evils
but of the two perhaps this is the
easier.
81 rented a vault in a safe deposit
company. After a time it was impos.
sible for me on account of sickne "a
send money or communicate with
them. | find that my papers aad val.
uables were taken out of the vault.
Has the company a right 10 DO this %
A Chronic Invalid.
Yes, in case the rent of the vault
shall remain unpaid for three years
the vault can be opened in the pres
ence of the officers OF the company and
a lawyer and the contents placed in the
general vaults. This is only fair, as by
so doing the space can be rerented.
OF course all safe deposit companies
are forbidden 10 touch or loan money
on property which has been left in
their keeping under heavy penalties.
Their building must also meet certain