The Summerville news. (Summerville, Chattooga County, Ga.) 1896-current, March 11, 1909, Image 6
The Franklin Life Insurance Company
Os Springfield, Illinois.
Before Buying Property You Carefully Examine the Title: You Should Do
the Same before Taking Life Insurance.
We court Investigation and will provide the necessary means and the names
of the Proper Parties from whom you can obtain accurate information.
COMPARATIVE TABLES.
Admitted ..„ . Surplus and
ASBKTH. SPROUL FUNDS
- 812473J5T1900 | $164,862.94
1,010,244.29 | 1901 | 207,736.16
1,256,166.47 j 1902 j 218,001.14
1,550,786.85 | 1903 | 276,464.44
1,890,136.42 | 1904 | 307,223.19
2,287,504.72 | 1905 | 336,182.29
2,811,177.31 | 1906 j 410,358.53
3,345,335.95 j 1907 | 477,626.08
3,962,797.60 | 1908 j 623,631.03
4,610,730.89 j 1908 | 706,680.24
Outstanding J,l “ <
Insurance. ’ ’ Reserve.
(45,706,191.00 | 1900 | $586,628.00
18,088,564.00 | 1901 j 778,967.00
21,549,750.00 | 1902 j 994,961.00
24,102,794.00 | 1903 I 1,236,492.00
26,387,192.00 | 1904 | 1,553,452.00
29,523,386.00 j 1905 | 1,920,235.00
32,068,660.00 | 1906 | 2,348,017.00
33,465,050.00 | 1907 j i 2,797,417.01
33,574,330.00 | 1908 | 3,282,767.00
35,466,106.00 | 1909 | 3,750,096.00
POLICYHOLDERS' DUTIES
Life insurance company with
its policy holders represents i
a business institution with
as many stockholders. The
success or dividends of the
company can be materially
increased by the policy hold
ers keeping in close touch
with the agent operating in
their territory and keeping
him thoroughly acquainted
with those who would likely
take insurance, thereby secur
ing a larger volume of bus
iness with a much less ex
pense.
Also it is the duty of a pol- j
icy holder to inform an agent
when he is soliciting an unde
sirable risk both from a phy
sical and financial standpoint
Carefully selected risks mean
a low death rate which is an
other source of dividends.
Nothing cheers and is appre
ciated more by an agent than
to be informed by a policy
holder that he is carrying I
his insurance with the FRANK ’
LIN.
A wise suggestion has been
made by the management of
The Franklin Life that if
each policy holder would ac
quaint his general agency
office of at least one man
who would take policy that
the general agency office
would send an agent at once
to take his application. If
this suggestion is complied
with by every policy holder
the company’s business would
be doubled in a most econom
ical way. as no policy holder
undesirable risk in the com
would deliberately put an
pany in which he is insur
ed.
W. T. LEDBETTER, Manager, Rome, Georgia.
Semi=Annual Statement
For the Six Months Ending December 31st, 1908.
—Of the Condition of—
The Franklin Life Insurance Co.
OF SPRINGFIELD, ILLINOIS.
I. CAPITAL STOCK. MUTUAL.
n. ASSETS.
1. Market value of real estate owned by the Company $ 107,000.00
2. Loans on bonds and mortgage, first lien, on real estate 2,033,832.00
3. Loans secured by pledge of bonds, stocks or other marketable collaterals j • 126,000.00
4. Loans made to policyholders on this company’s policies assigned as collateral ' 1,521,435.66
5. Premium notes, on policies inforce 40,295.35
Bonds and stocks ownedabsolutely par value 526,908.62
7. Cash in Company’s office 1,304.00
8. Cash deposited in bank to credit of company 1 77,075.20
10. Interests due or accrued and unpaid 89,566.76
12. Agent’s balance 25,321.87
II Net amount and uncollected ai d deferred premiums, deduction 20 per cent, for average loaning from gross agiount 108,412.00
Total assets 4,657,151.46
Less unadmitted assets 46,420.57
HI. LIABILITIES
1. Net present, value of all theoutstanding policies in force 3,751,670.00
Deduct net value of risk in this company, re-insured in other solvent companies 1,574.00
,| Net premium reserve 3,750,096.00
3 Death losses and mutual endowments in process of adjustment, or adjusted and not due.. .. 29,061.09
'I • i
4. Death losses and other policy claims resisted by the company 1,000.00
Total policy claims 30,061.09
8. Dividends declared but not yet due 41,603.45
*lO. Amount of all other claims against the company 82,288.11
12. Surplus over all liabilities 706,682.24
Total liabilities 4,610,730.89
IV. INCOME DURING the SECOND SIX MONTHS OF THE YEAR 1908.
4. Amount of premiums received|
2. Amount of notes received for premiumsj 605,319.99
3 Interest received 119,250.61
4. Amount of income from all other sources 2,642.64
Total income 727,213,32
I V. DISBURSEMENTS DURING THE SECOND SIX MONTHS OF THE YEAR 1908.
1. Losses paid 118,507.65
' Total 118,507.65
Total amount actually paid for losses and matured endowments 118,507.65
4. Annuitants 100.00
5. Surrender policies 78 523.29
6. Dividends paid to policy-holders 2 876.26
7. Expenses paid, including commissions to agents, and officers’salaries 130 682.77
8. Taxes paid 2,831.34
9. All other payments and expenditures 32 873 28
Total disbursements 713 674 09
Greatest amount insured in any one risk $lO 000.00
Total amount of insurance outstanding $35 460106.00
State of ILLINOIS, County of Sangamon.
Personally appeared before the undersigned Henry Abels who, being duly sworn, deposes and says that he is the Secre-
tary of the Franklin Life insurance Co. and that the foregoing statement is correct and true. HENRY ABELS.
Sworn to and subscribed before me, this 11th day of Feby.l9o9. Will Taylor, Notary Public.
THE SUMMERVILLE NEWS, THURSDAY, MARCH 11, 1909.
Thinking Man
The fact that each day of
our lives we accustom our
families to receive from us
the necessities of life and if
able the luxuries. Then we
should put the question to
ourselves: Would these ne
cessities and luxuries still be
coming to our families in
event of our death? A safe
and prudent way to make
sure of this provision is to
carry a policy in THE
FRANKLIN LIFE INSUR
ANCE COMPANY.
For Every Woman to Read.
When we pick up the daily
papers and read of a divorce
the question immediately
arises in our mind whose
fault is it 7 We solicit a uni
ted effort of every member
of the family to save guard
the home with a FRANKLIN
LIFE POLICY. In a united
purpose to protect the home
> there can be no fault to find.
Horton, Ala. Dec. 18, 1908.
Mr. W. T. Ledbetter,
Southeastern Supt.
Franklin Life Insur. Co.
Rome, Ga.
Dear Sir:
My husband, James K.
Bradbery, died on Dec. Ist.
and we are in receipt of
check No. 40796 for SI,OOO
in settlement of policy in the
Franklin Life Insurance Co.
Springfield, 111.
Your quick settlement will
greatly assist me and I sin
cerely thank you for writing
Mr. Bradbery’s insurance and
for your prompt remittance.
Very respt.
(Signed) Mary L. Bradbery