Below is the OCR text representation for this newspapers page.

Franklin Life Insurance Company Springfield, Illinois. Why You Need a 20 Payment Life Policy in The Franklin Life Insurance Company 1. Because life is uncer tain and you have a fami ly, or business interests, which would suffer by your death. 2. Because if you know that your family is proper ly protected your peace of mind on that subject will give you greater power in your business. 3. Because it will im prove your credit and en chance your importance as a solid citizen. 4. Because it will pro vide funds to tide you over unexpected losses or a depression in business. Many businesses were sav ed in 1907 by loans on Policies after Banks had refused to lend even on Government bonds. 5. Because after 20 years you will not need to pay any more premiums, but the sum insured will be payable at your death just the the same. 6. Because if you do not need insurance protection after 20 years, you can surrender the polciy for a large amount in cash. 7. Because it is so dif ficult to save money any other way. - 8. Because The Franklin Life Insurance Company is a purely mutual Com pany, operated for the benefit of its policy hold ers and controlled by them. Thinking Man: If you are considering the matter of Life Insurance and wish to place this business where it will be a satisfac tion to you whil> you are carrying same and a sure profit to your family, you will place this business with The Franklin Life Insurance Company We refer you to our many policyholders, who have taken Insurance with us in the past nine years and to the many beneficiaries, to whom, we have paid Insurance checks in every part of Chattooga County. Very truly yours, W. T. LEDBETTER. W. T. LEDBETTER, Southeastern Supt. Agents, Rome, Georgia. Semi=Annual Statement ' . FOR THE SIX MONTHS ENDING JUNE 30, 1909. , 1 OF THE CONDITION OF J The Franklin Life Insurance Co. Os Springfield, Illinois. Organized under the laws of the State of Illinois made to the Governor of the State of Georgia, in pursuance to the laws of said State. Principal office sth and Monroe streets, Springfield, Illinois. I. CAPITAL STOCK. MUTUAL. 11. ASSETS. 1. Market value of real estate owned by the company $107,000.00 2. Loans on bonds and mortgage (first liens) on real estate 2,214,500.00 3. Loans secured by pledge of bonds, stocks or other marketable collaterals 136,800.00 4. Loans made to policy-holders on this companies policies - j 1,564,764.48 5. Premium notes, loans or liens on policies in force 1 , 55,339.76 6. Bonds and stocks owned absolutely • > 510,450.00 8. Cash deposited in bank to credit of company ■ ■ 98,365.92 10. Interest due or accrued and unpaid - 110,199.57 12. Agent’s balance , 30,203.25 14. Net amount of uncollected and deferred premiums (deduction 20 per cent, for average loaning from gross amount) 111,089.01 Total Assets , 4,938,711.99 Less unadmitted assets .x 51,302.93 Admitted assets -i 4,887,409.06 111. LIABILITIES. ~ Net Premium reserve r , $3,995,693.00 Total policy claims 55,037.21 7. Dividends declared and due and remaining unpaid ; ■ ' 32,935.76 10. Amount of all other claims again s‘ the company f s ■ 82,101.47 12. Surplus over all liabilities / 721,641.62 Total liabilities 4,887,409.06 IV. INCOME DURING THE FIRST SIX MONTHS OF THE YEAR 1909. 1. Amount of cash premiums received) 597 980 40 2. Amount of notes received for premiumsj 3. Interest received K 93,475.03 4. Amount from all other sources 7.21 Total income > 691,462.64 V. DISBURSEMENTS DURING THE FIRST SIX MONTHS OF THE YEAR, 1909. Total amount actually paid for losses and matured endowments ' 155,186.78 5. Surrender policies 69,116.91 6. Dividends paid to policy-holders ' 15,004.30 7. Expenses paid, including commissions to agents, and officers’ salaries 135,738.79 8. Taxes paid . 12,867.67 9. All other payments and expenditures 45,297.48 433,211.98 Greatest amount insured in any one risk $10,000.00 Total amount of insurance outstanding 36,822,379.00 State of ILLINOIS, County of Sanmon: Personally appeared before the undersigned Henry Ables who, being duly sworn, deposes and says that he is the Secretary of The Frank lin Life Insurance Co., and that the foregoing statement is correct and true. HENRY ABELS. Sworn to and subscribed before me, this sth day of August, 1909. WILL TAYLOR, Notary Public. THE SUMMERVILLE NEWS, THURSDAY, AUGUST 12, 1909. The Rev. R. Keene Ryan, Pastor of the Garfield Boulevard Presbyterian Church, of Chicago, in the course of a recent sermon, said: "‘I am no insurance agent, but I do not hesitate to say that modern insurance comes nearer to giving something for nothing and making this something sure and certain than any known institution of our time, “Indeed, so sure, cheap, and certain has it become that no man, how ever poor, oan righteously plead any excuse who does not take advantage of the inducements offered him to lay up a little money to bury him when dead, and provide support for his afflicted and stricken loved ones when he is called away. “It is nothing short of an unpardonable crime when a father and hus band, with a wife and children depending upon him for support, neg lects his sacred obligations; uses up each week his wages, and in a mo ment of time is stricken by death: compels his friends to bury him; leaves his family destitute and objects of pity and charity. Trion, Ga. , July 30, 1909. Mr. .J W. Tucker, Menlo, Ga. Dear Sir: Today I am in receipt of check from The Franklin Life Insurance Company for $1,000.00 in payyent of policy No. 46270 on the life of my husband, Henry A. J. Housch. I certainly appreciate the rapid ■ ettlement of this claim and shall always have a good word for The Franklin Life. Very truly yours, LAURA HOUSCH. A National Bank Note of today is also a “promise to pay” of the issuing bank, because the bank must deposit in trust with the Federal Government U. S. bonds equal to the entire present value of all Notes issued by it. You know the security is there for each Note is register ed and bears a certificate over the signature of the Treasurer of the United States to the effect that “This Note is secured by bonds of the United States deposited with the U. S. Treasurer at Washing ton.” The Franklin Life Insur ance Company, of Spring field, Illinois, deposits with the Insurance De partment of the State of Illinois approved securi ties equal in value to the Legal Reserve of all its outstanding policies. You Know the securities are there for each policy is registered and bears upon its face a certificate in the following form: State of Illinois.- Insurance Department. Springfield, 190 This policy is registered; and ap proved securities, equal in value to the Legal Reserve hereon, are held in trust by this Department. Insurance Superintendent. “A Policy of Life Insur ance is the cheapest and safest mode of making a certain provision for one’s family. It is a strange anomaly that men should be careful to insure their houses, their ships, their merchandise, and yet neg lect to insure their lives, surely the most impor tance of all to their fam ilies and far more sub ject to loss.”—Benjamin Franklin.