Scan 5

Newark City Directory 1885-86, 1885

27 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) $38,615,319 32

6LIABILITIES, (4 per cent. Reserve) 35,857,827 70

7SURPLUS, 2,757,491 62

8SURPLUS, (New York Standard) 5,411,241 50

10Policies Absolutely Non-Forfeitable AFTER SECOND YEAR.

12IN CASE OF LAPSE

13THE POLICY IS CONTINUED IN FORCE

14as long as its value will pay for; or, if preferred, a Paid-up Policy for its full value is issued in exchange.

16After the third year Policies are INCONTESTABLE, except as against intentional fraud; AND ALL RESTRICTIONS AS TO TRAVEL OR OCCUPATION ARE REMOVED.

18CASH 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.

20LOSSES PAID

21Immediately upon completion and approval of proofs.

23J. B. PEARSON, Vice-President.

24THEODORE MACKNET, Treasurer.

25EDWARD L. DOBBINS, Secretary.

26B. J. MILLER, Mathematician.

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