Arizona republican., 1917-04-01

in this circular may be summarized as ; follows:
 The company regards itself as un- der an obligation to it's faithful and !, regular employees. who do its work and keep it's operations going, in the same l way that it is under an obligation to the stockholders whose saving ana in- vestments furnish the capital for it's business With regard to employees, the company is concerned with the well fare not only of the men, but of their families. Its aim is, therefore, in ad
 dition to paying them a fair living wage, as hign as prevailing labor con- ditions and the competitive nature of the industry viii allow to provide safe unG suitable conditions for their em- plosnent, to promote their general health and well being, to furnish aid and relief i'll the case of sickness and accident and to make provision for those growing old in the service In furtaerance of this aim, the company employs safety experts and engineers, instaIls safety devices, provides hospi- tai care and medical service, admins ters workmen's benefit funds, and maintains an old age pension system, ali under the direction of perna nent labor and welfare department In this ! way. while supplying the means of
 
 the company hopes also to spread a feeling of contentment among it's workmen, to give them a sense of se- curity in their employment, to earn their loyalty and confidence, and to give them sound reasons for believing that the company's interest is their in- terest and thus promote a relation of mutual consideration productive of the best results. for both employer and ! employe.
 The present action of the company in establishing a system of life indemnity for it's wOlfmen marks further and important step in the same direction. and gives further evidence of the com pany's appreciation of the individual i needs of its employees and readiness to 1 supply such needs in every feasible way With this added proof of prac- tical good will before them,. the con- pany believes that it's workmen will , enjoy a peace of mind and freedom of worr.- which can only come with the knowledge that their families or de- pendents at their death will not be left in want. The company desires to cul- tivate permanent force of employees, who will remain in it's service from year to year., upon whose continued loyalty and industry it can rely, and who in turn can rely upon the company to protect their interests and reward their labors. hTe theory of the com pany is that whatever makes for a feeling of contentment and security among it's Worknen makes also for willingness and efficiency in their work, and gives rise to a permanent body of active and interested work ing aids.
 The indemnity in question will be | T charge to employees, and the cost will be taken up in the general expenses of each plant. In the case of those plants where group life insurance is now in effect under policies issued by an in- surance company the policies will not . be renewed on their expiration, and ] certificat tes of the company will be is sued in lieu thereof.
 The certificates of indemnity above , referred to will be issued as soon as the necessary details involved in the !, establishment of the system can be completed.
 Effective. as of January l, 1917, the i American Smeiting and Refining com
 pany (the American Shelters Securi- ties company also) will issue at it's own expense to each salaried employe of l whatever grade, whether employed in the United States, Mexico, South Amr- ica or elsewhere, who has been in the $ service of the company for one year or more, a certificate of indemnity paying. in the event of death for any ? cause while in the employ of the com : 3 pany, to Gis or her family or depend ents a sum equivalent to one year. l salary, with a maximum limit of ten thousand dollars (s10,000) in the case
 of those receiving d larger salary
 with a maximum limit of ten thous- and dollars t$10,000) in the case of those receiving a larger salary. Per
 sons in the employ of the company for , less than year will receive certifi- , cate upon the completion of one year s
 service. Certificates will be issued ir- : respective of age and without medical , examination or other proof of prysi- . cal condition. Payment will be made ! to the beneficiary designated by the
 employe, but if there be no designated
 beneficiary surviving at the death of
 the employe, payment will be made to
 the surviving wife or husband; if
 neither. the children, equally; if no
 child, the parents, equally; if no par
 ent, the brothers and sisters, equally if no brother or sister, the estate. The 3 indemnity will be paid as soon as pos
 sible after it falls due, and not more than thirty days after satisfactory proof of death and Identification of the , beneficiary.