Hot Springs weekly star. (Hot Springs, S.D.) 1892-1917, 1908-08-07
BROTHERHOOD OF AMERICAN
YEOMEN.
The Young Fraternal Giant of the West.
Fast Forging to the Front.

The Young Fraternal Giant of the West,
Fast Forging to the Front.
The Yeomen of twenty six states and
the Province Of Manitoba, are celebrat-
ing the event that on August 1st their
assets reached over a million dollars.
The slogan of the society now is 100000
membership by January l, 1909.
This is q splendid showing for this
young and vigorous fraternal society,
which has not yet reached its twelfth
birthday.
The Insurance Commissioners, of
South Dakota, Hon. o. 8. Basford, and
of Nebraska, Hon. A. L. Searle, on
July 23rd, made their official examina-
tion of this oompony at its Supreme
Offices in Des Moines, which is the
duty of the Commissioners
of the different states in
which the society ::transacts busi-
ness, and from the report we CLEAN the
following, which is very commondatory
of the management of this organiza-
tion. The Commissioners say:
"The mortality experience for the
year 1907 is very favorable, being but
64.7 of the expected by the National
Fraternal Congress Mortality Table,
a table giving much lower death rates
than does the American Experience
Table, the standard generally used by
regular insurance companies. This
favorable experience is quite uniform
throughout the membership, showing
that, while the present low rate is to
quite an extent due to the large
number Of members admitted to the
Society within the last few years, yet
those who are in advanced years are
not causing an undue mortuary cost.
An important feature of the fratern-
al plan of insurance is that of low
operating expenses. This society is
most certainly to be commended for
the economy with which it's affairs are
administered. The cost of obtaining
new business is approximately 1912
per 81, 10000 of benefits, and for main
tanning the old business (after one
year of membership is sl2O per
81, 10000 of benefit.
We commend the wisdom of the
management in avoiding the large
ground rents of the heart of the city,
and in possessing themselves of health
full, commodious quarters which are,
in our judgment, put into the assets at
really less than their value.
We commend the system and &C
curacy in keeping accounts.
We commend the disposition to keep
expenses fairly within range that
accords with the fact that the funds
of the fraternity are drawn largely
from the tolling masses and are to pro-
vide for dark days. 1t is fund where
waste, speculation or prodigiality
should be unknown.
We commend to the management a
careful study of the question of rates
and the gradual adoption of such rates
as will enable them to fulfil the future
hopes and expectations of their
members in all time to come.
We commend the activity of the
management in looking closely after
lapses. Many members will remain
for time but carelessly and without
full realization of their loss. will drop
out. The society has diligently look
ed after the interests of such delin-
quents and where the insurability re-
mained, they have secured reinstate-
ment. This is shown by the fact that
the average lapse record of2l Fraterni.
ties doing business in Iowa in 1907
shows an average of 166 lapses to
1000 members. While the record of
the Yeomen shows only los to the
1000 members for the same period.
The death rate as indicated by the
comments of the consulting actuary,
, Mr.. Draper, indicates that there has
been diligence and judgment exercised
by the Chief Medical Director.
The continued healthful growth of
, the Fraternity in membership would
also indicate that the complicated
duties of the chief correspondent have
been in able hands.
The South Dakota commissioner de-
sires to further express appreciation
of the honor to his state in the selec-
tiod of Hon. s. E. Wilson to the Board
OF Directors. The high character and
loyalty to duty on the part of Mr..
Wilson, is recognized in the state which
claims him as resident"
McEwen is Great.
The king of entertainers aud the
entertainer Of Kings, the Great Given
will shortly plsy an engagement in the
opera house with his clever company.
and will present an entirely new
program of magic, hypnotism, mind.
reading and vaudeville. A feature will
1 be made this season of big acts in
: hypnotism and from the flatterinQ