{"newspaper_name": "The daily union.", "edition": "01", "page": "p4", "byline": ""}
{"character_count": 2379, "word_count": 403, "ccnet_language_score": [0.954800009727478], "ccnet_perplexity": [799.5], "fasttext_language": ["en"]}
Il Company or New York, No. 90 wall ST
| Net amount Of accumulated premiums, s2l5,57I
This company is organized on the purely mutua


principle, and its business is restricted by the char
ter TO the insurance Of lives, and granting annutel
| and endowments.


ltcommenced, without capi tal on the lst Of Feb
ruary, lS43. At the close ofits second year, (3ls
January l645, it had issued 0s6 policies and its
net accumulated premiums was s97 ,279. At the
termination Of the third year. on the 3lst January
1886, the whole number Of policies issued :, 1873
and its net accumulated premiums, after paying all
losses and expenses, was s2l5,57l thus exhibiting
an increase during the last year of 047 policies is
sued, and SllS,27S of accumulated funds, which is
rapidly augmentlng by an. annual income of $3.50 :.
900, growing out of original and renewed premiums
| and interest on investments.


This extraordinary success places the company
in strong position, and 1t now ranks among the
safest institutions in the country.


Polcy-holders participate IN the whole Of the
profits, there being no proprietary interest or sub
scribed capital TO absorb any portion thereof An
extensive and prosperous business promises large
dividends the first division of profits on the lst
Of February, lS4S, and persons now insuring will
share in these profits if they survive that period.


The premiums are paid annually, and are as low
as any American company, and lower than the
English, with participation in the profits Policy
holders are secured by investments in bonds and
mortgages on real estate in the city Of New York
and Brooklyn, worth double the amount loaned


thereon, and in stocks Of the State and city of New
York.


The transactions Of this company are on the
cash prnciple-consequently the survivors of par
ties insuring with it will not be subjected to the
heavy drawback of accumulated premium notes;
reducing the benefit Of the assurance to small pit
tance. ~ 90. o.. ....


Persons may effect insurance on their own lives
and the lives Of others. married woman can insure


the life Of her husband, which will enure TO her sole
use and that of her children.


Pamphlets explanatory of the principles Of
mutual life insurance, and illustrating its advan-
tages, with forms Of application, may be obtained at
the Office of the company, Sc Wall street, or of any
of he apepta