The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1910-11-28
.wAsAeuRN.cRoseY CO MpANY
Provides Men With Accident, illness
And Death Indemnity:

ana Wlllam II. DunWOuuy,.pT eSluent
and yice-president Of the Washburn.
Crosby Company, the Washburn. Accl.
dent Insurance Association, or organi-
cation, that has existed for twenty
seven years, has been reorganized on
a scale. OF liberality unparalleled by
anything known in mutual industrial
protective insurance under corporate
direction.
In 1888, when the members OF the
| firm first concerned themselves with
the matter Of providing protection for
the families OF employees OF the com.
pany, the association was organized
on lines to provide a burial fund and
other minor sums in case Of acciden.
tai death. The company concerned
Itself with the welfare Of Its employees
and aside from the association, paid
out many sums to families. of men
who were injured or who died from
natural causes.
All Charity Removed.
1t is now proposed to take from the
association everything that savors of
or suggests charity and to make It q
business proposition. Five cents a
week will be the assessment levied
upon every member, orr $3.50 a year.
The old association paid: Accident
benefit ,;of 80 a week, not to exceed
twelve consecutive weeks for one &C.
icidcnt; on accidental death, legal heirs
Ireeeived $10S less amount, If any, paid
for weekly Indemnity; there was no
limit fixed upon cost Of the benfits to
the employee.
From an income of five cents week
from every member, the new associa-
.tion will guarantee: Accident benz.
fit OF 50 a week, not to exceed twelve
consecutive weeks for one accident;
on accidental death, legal dependent
heirs to receive $500, less amount, If
any, paid for weekly indemnity; sick
benefits OF 50 a week after four days
sickness, not to exceed twelve conse-
cutive weeks for one sickness; on nat
ural death legal dependent heirs to re-
ceive $500, less amountf II any, paid
for weekly indemnity; on death from
accidental or natural cause, funeral
expenses not to exceed SIS, will be
paid. The plan becomes operative No.
vember 90.
| viii Make Up Deficit.
That five cents a week from every
employee will not measure up any.
where near the sum that will be re-
quired annually to meet the eXpendi
ture of the association is recognized
by four officers, OF the company, who
investigated the matter thoroughly
They are James Ford Bell, Franklin
NJ. Crosby, John Crosby and Benjamin
S. Bull. Based upon past experience
the company sees that there will be
an annual deficit in the affairs OF the
association, but 1t will make this good
1t will not however. extend its opera
tons beyond the affairs of the associa
ton. Its contribution will go to make
up any deficit that may result, but i
will not favor extending assistance t
employees, should there be any, wht
may not become members( as the as
sessments on the scale Of cents {
week are 50 low as to amount practi
cally to nothing in the workingman'!
estimate of his weekly outgo.
Another feature. of great Importance
to the workingmen is. the lack OF an,
" d6C VI pliS plIil vii
dition. AS the association is to b,
operated only among the employees
+ OF the company, 1t will be possible t
conduct 1t on this scale of liberality
! and the result will be that many work
ingmen In the company's mills, who
1 because Of age or inability to pass ;
Z satisfactory physical examination
!. would be unable otherwise TO secure
II insurance, will have the opportunit.
placed before them to provide con
siderable death benefit for their fami
lies, besides being in line to share ii
sick benefits in case /. of disabilil!
through accident or other causes.
1 tfa Won't Be Compulsory.
\ The WashburnCrosby Company eX
poets that every employee will taxi
advantage Of the offer, although Their,
will be nothing compulsory about 1t
1t Is impossible, in any form of insur
ance to be found available in the regl
lar course outside the association, Il
provide such. low rates, as they are no
sufficient to provide the annual ex
penses that can be foreseen, and Meth
er in Industrial Insurance, as plannet
on the weekly payment basis nor ii
the insurance OF fraternal societie!
supported by assessments, is therl
anything that In cheapness approachel
lthaA r,n1ty nffarn6. TIC man hS tho NUnch