rTHE MUTUAL LIFE INSURANCE


IL Company of New York. No. so Wall 81.
{"newspaper_name": "The daily union.", "edition": "01", "page": "p4", "byline": ""}
{"character_count": 2351, "word_count": 396, "ccnet_language_score": [0.953000009059906], "ccnet_perplexity": [815.4000244140625], "fasttext_language": ["en"]}
Net amount Of accumulated premiums, S2l5,57l.
This company is organized on the purely mutual
principle and its BUSINESS is restricted by the char
ter to the insurance of lives and granting annuites
and endowments.


Ii commenced, without cspi tai, on the lst Of Feb
ruary, l543 At the close of its second year, (3lst
January, l645) it had issued ,066 policies, and its
net accumulated premiums was s97 ,278. At the
termination Of the third year. on the 3lst January,
1896 the whole number Of policies issued was 2, ,l33
and Its net accumulated premiums, after paying all
losses and expenses, was s2l5, ,57l; thus exhibiting
increase during the last year of 047 policies is
sued and SllS, ,27S of accumulated funds, which is
rapidly augmentng by an annual income Of $780,
100, growing out Of original and renewed premiums
and interest on investments.


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


Policy-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, 1645, and persons now nsuring will
share in these profits If they survive that period


The premiums paid annually, and are as low
as any American company, and lower than the
English, with participation in the profits Policy
holders secured by investments in bonds and
mortgages 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 princpe-eonsequenly the survivors Of par
ties insuring with 1t will not be subjected to the
heavy drawback Of accumulated premium notes;
reducing the benefit Of the to small pit
tince. ufs rFag. lr-.. .E.4E.eE. ..l-I .sa,t ....


Persons may effect insurance on their own lives
and the lives of others. carried woman can insure
the life of her husband which will enure to her sole
use and that of her children. ..al. ..I. ... b


Pamphlets explanatory of the principles OF
mutual life insurance, and illustrating its advan-
tages with forms of application, may be obtained
the Office of the company, Sc Wall street, of any
of the agents.