Scan 4

Newark City Directory 1883-84, 1883

28 lines. Read by computer on 17 September 2026. No printed page number was found. See the scan on archive.org.

1THE MUTUAL BENEFIT LIFE INSURANCE COMPANY, NEWARK, N. J.

3AMZI DODD, PRESIDENT.

5ASSETS, (Market Values) $36,355,620 00

6LIABILITIES, (4 per cent. Reserve) 34,453,714 44

7SURPLUS, (Massachusetts Standard) 2,901,905 56

8SURPLUS, (New York Standard) 5,113,815 56

10Policies Absolutely Non-Forfeitable

11AFTER SECOND YEAR.

13IN CASE OF LAPSE

14THE POLICY IS CONTINUED IN FORCE

15as long as its value will pay for: or, if preferred, a Paid-up Policy for its full value is issued in exchange.

17After the third year Policies are INCONTESTABLE, except as against intentional fraud; AND ALL RESTRICTIONS AS TO TRAVEL OR OCCUPATION ARE REMOVED.

19CASH LOANS are made to the extent of 50 per cent. of the reserve value, where valid assignments of the Policies can be made as collateral security.

21LOSSES PAID

22Immediately upon completion and approval of proofs.

24J. B. PEARSON, Vice-President.

25THEODORE MACKNET, Treasurer.

26EDWARD L. DOBBINS, Secretary.

27B. J. MILLER, Mathematician.

The computer misreads some letters and numbers. Where a name matters to you, read the scan.