Books › Newark City Directory 1870-71, 1870 › scan 5
Scan 5
Newark City Directory 1870-71, 1870
38 lines. Read by computer on 29 September 2026. No printed page number was found. See the scan on archive.org.
A town on its own line is one of the directory's headings. That is where the town on a maker's page comes from.
1CONTINENTAL
2LIFE INSURANCE COMPANY
3OF
4NEW YORK.
5ORGANIZED IN MAY, 1866.
7POLICIES NON-FORFEITABLE.
9Thirty Days grace allowed in payment of premiums.
11NEW JERSEY AGENCY INSURANCE BUILDING,
12191 MARKET ST., NEWARK.
13ISAIAH PECKHAM, General Agent. H. H. TICHENOR, M. D., Medical Examiner.
15Office: CONTINENTAL BUILDING,
16Nos. 22, 24 and 26 Nassau Street.
18Insured have the largest liberty to
19TRAVEL WITHOUT EXTRA
20CHARGE.
22No. Policies Issued to December 31, 1869, – 20,375
23No. Policies Issued in 1869, – – – 8,778
24No. Policies Issued in 1869 over 1868, – – – 2,772
25Amount Insured in 1869, – – – $21,246,000.00
26Annual Income in 1869, – – – 1,946,252.59
27Assets of the Company, December, 31, 1869, – 3,500,102.80
29The CONTINENTAL thus closes and crowns the year 1869 with a record of which any company might well be proud, and now bearing the palm and prestige of unequalled success, and in view of following important changes and improvements in our plan of doing business, which have recently been made, we enter upon 1870 with yet brighter auspices than have marked the opening of any previous year.
31The Dividends to Policyholders will hereafter be made on the "Contribution Plan," and will be paid on Cash Policies in two years, and on Loan Policies in three years from the date thereof, and annual thereafter.
33The Stockholders, having become convinced that the welfare of the Company and its policyholders require it, have unanimously consented that, in future, dividends upon stock shall be limited to seven per cent. (legal interest), which the six per cent. interest in gold, received by the Company on the $100,000 U. S. bonds (amount of capital stock), deposited with the New York State Superintendent of Insurance, more than pays, thus making the CONTINENTAL a purely mutual company.
35We desire to direct special attention to those important improvements, as evincing conclusively our determination to leave nothing undone which may add to the advantages already possessed by the CONTINENTAL.
37J. P. ROGERS, Secretary. JUSTUS LAWRENCE, President.
The computer misreads some letters and numbers. Where a name matters to you, read the scan.