Hammond Times, Volume 13, Number 254, Hammond, Lake County, 9 April 1919 — Page 9

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ore Than Seventy Years Ago

Since organization the Company has paid in death claims and for dividends, matured endowments, surrendered policies, etc .. .SI, 3158, 3-15. 47Tt now holds in assets for its policy-holders. ... 990,832,032 It has paid to and now holds for its l,OM'v- 0 r holders 52, 335, 177,504 Total premiums received from policyholders 2,084,077,854 Amount paid to and now held for policy-holders in excess of premiums received from them . S 251,099,650

The New York Life has paid to and now holds for itspolicy-hold-ers over 251 million dollars more than was received from them in premiums. A tribute to good management and the tremendous earning power of invested funds. Since organization the Company has paid to policy-holders in dividends $2o.j,3o2,03o It has declared and during 1910 will pay 32,637,614 It has set aside as a reserve from which to pay dividends on deferred dividend policies 100,S93,32S Total 388,892,977

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Mr. Harvey J. Oilman contracted with Central Branch in September. 1916, and (iialihed for the 100.000 ( 'lnl inside of nine months. 11c has qualified this year for the "JO),ooo and wr .to $235,000 worth of business in eight mouths. He is out now to write $100,000 of business in one month's time April 1st to April 30th inclusive. Mr. Oilman resigned as cashier of the Kast Chicago State Bank February 1st, 1919. and is now devoting all his time to the New York Life, with office in this bank. He has n record of 140 consecutive weeks' business, a record any one could be proud of.

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TO LIVING POLICY-HOLDERS -40J$ Cts.

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SET ASIDE FOR Y RESERVE AND DIVIDENDS, 24 Cu ,

For Each Dollar of Cash Income in 1918 The New York Life Paid for Death Claims 22J eta. Paid to Living Policy-Holders 40y2 u Set aside for Resen e and Dividends -1 , ,M tl Paid for Branch Office Expanses. Agency Supervision and Medical Inspectiou, Apents" rommif..bnf , Administratiou and luvestmeut Kx-1-enses,. Insurance Dept. Taxes. Licenses and Fees 13 " Grand Total 100 44

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GILMAN

Special Representative East Chicago State Bank East Chicago, Indiana

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