The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1909-01-30
CERTIFICATES EXPIRING THIS YEAR
WILL DRAW A FEW CENTS MORE
SICK BENEFITS CAUSE LOSS
President Scott Says That Dividend Would
Have Been Greater But For Advances
Made Members.

Local Legionites have been on the
qui vive all week to learn the outcome
of the meeting at headquarters held
last week Friday at which the amount
Of dividend to be paid this year was
determined
A big meeting was arranged for
Thursday evening when the news
was planned to be given out and a
large number of members were present
TO hear the news
Mrs. l.. ID. Rowley. who is the Sec
retary OF the local lodge. received n
letter from Secretary Scott to be read
TO the members It was as follows:
'At regular meeting OF the execu-
tive board held in .the hcme Office on
Jan. 22nd, the cash dividend upon
Class b certificates of the National
Protective legion was determined for
the year 1909. The amount declared
arose from accurate computation mad Q
by the aotuary of the organization.
Mr.. Abe Landis, on the basis OF the
opinion OF special counsel rendered in
January, 1908 and used In the deter
mination OF the dividend for that year.
"The amount so determined by him
for the dividend OF 1909 is $l13. 90 on
full-rate certificates and sos 96 on half
rate certificates.
1T will be noted that this is an in
crease over the dividend Of 1908 OF
thirty eight cents on full-rates and
ninteen cents on half-rate certificates.
The reason for this increase is that
there were gains from forfeiture by
lapse of members who are TO receive
dividends in 1909 over corresponding
gains from forfeitures by lapse OF
members who received dividends in
1908. The increase Of the dividend for
1909 would have been greater had 1t
not been for the fact that there was an
increase In excessive disability claims
on the part OF the members who are TO
receive dividends in 1909, In other
words, these members received nd :
vances in the way OF claims that re-
duced the funds otherwise available.
II trust this information will be
pleasing.to yourself and your members,
and that we may have the hearty CO
operation Of all during the year upon
which we are just entering.
While many Of the members are dis.
appointed in the Legion's not paying
a bigger dividend, those who have
given the matter any careful consider
alton consider the showing very good.
Many expected that there would be .
decrease instead of an increase in the
dividend.
The sick benefit is held accountable
tor the poor showing but members dc
not take into account that each one II
carrying sort of sick aud deatl
benefit in addition TO the chance Of
sharing the profits of the business Al
the case stands the members get within
80 of what they pay in and tine si'
dollars that they are shy IL no mor'
than pay ment for their sick and ac
cident insurance for five years HaC
any of them died within the time theii
heirs would have received 81 for ont
and that ought to be- enough TO satisf,
the average individual
The local lodge IL holding it's owl
bat has not gained in membership dur
ing the past year and this condition
may be said to exist in all other lodge
In the peninsula, we reprint a men
tion Of conditions at Negaunee wher
there is a large membership.
"The members Of. the Negaune
branch OF the National PROTECTIVE
legion are manifesting much interes
in the outcome Of the meeting Of tn
executive board. held last Friday a
the home office. At this meeting /
was TO have been determined wha
dividend will be paid the member
who hold certificates of five year
standing. but mp 10 this.time no repor
of the boards decision has been re
ceiyed.
"The benefits TO be paid holders o
Glass B certificates are determined Il
January Of each year The Negaure
members have no idea what the divid
end will be. AZ " will depend largel
upon thu number OF certificate holder
who have allowed their membership I
lapse during rhe hve-year period
liza Negaunee man who will receive
|. dividend says that he does not e1pec
a. large a payment a. the legion mad
prior h the recent trouble. He ha
, paid In about sl2b exclusive OF hi