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rnniiiHHBU DAILY AND TBX-WEXKLT.
BTKUY WEDNESDAY MOliNINQ.
3Y JULI AN A. SELBY ,
EDITO II AND FltOFB??TOR.
Jfflce on Main Street, above Taylor.
?-Bdok aiid Job Printing of every dev orip
? lon promptly.and faithfully attended to.
Inserted in the Daily at 75 oentB por squaro
for tho first and 50 oonts eaob subsequent in*
sertion. Long advertisements by tue wook,
month OT year, at reasonable rates.
Daily, six months, f 4 oO; Tri-Weekly, 2 6C;
Meekly. 1 50. . _ .,
Only to Know.
Only to seo yonr faoe again,
Only to to nob yonr hand
Only to hoar yonr voico again,
Ere I go to tho Bilont land!
Only to know you will ono day seo,
When the sun ia sinking low,
A shady nook, near a Bun-lit brook,
Where tho soft winds oome and go.
Only td know you will think ono day.
Though no vor tho thought you tell,
"Ahl for a love that I threw away;
For this ono loved me weill"
Only to know that an old aad song,
A soand of kr jeze-borue chime,
To a time that seems Uko a sweet life go no,
1 Nr.vor to coaio again; ? .. ?
' And tho after years; and my own sad tears,
.?. Are ailthat now romain! . . ' ii J iii
I sit and'think-ab! many a day- . i ! <
? : Though never tho thought I tell, . ' '
I *'Ah! for a love that I threw away; I > '
! For, ohl I loved you wolli" ..'
A Milwaukee woman, whoBe. husband
had been persecuted to death by a credi?
tor, married the creditor and persecuted
him to death in lena than six months.
Time sets all things even.
Some little difficulty about taking ap
a collection at a Spiritualist meeting in
Chicago led to pistol practice and the
utter demolition of a male and a female
EDWARD R. ARTHUR,
Attorney and Counsellor at Law,
NO. 7 LAW RANGE.
WILL practloo in the Circuit and Probato
Courts of Riobland and adjoining
Counties._July 12 f3mo
C. R. HOLMES,
Cotton Faotor and Commis. Merchant,
.CHARLESTON, 8. C.
$20,000 to be Distributed to Ticket-Holders
IN TOE COLUMBIA ?-OFER&T?VE BUILDING ASSOCIATION,
THE following PROPERTY and CASH lias boen placed in ibo hands of Hie Trustees, John
Agnew,' Sr., Maj. Mcighan and R. C. Shiver, in trust for tho bcucilt of tito Tickctdiolders
ot the above Association, to be delivered to thone who, on tho day of thc raille, may bo enti?
tled to.tbem. The litio to tho roal catato has been phi cod iu I h o hands of Col. E. W. McMus
ter, Attorney at Law. who wili examine tho samo and give true warranty deeda, freo from all
encumbrance, on tho day of drawing. The First Prista is tho Tempor?neo Hall, now occu?
pied on tho first floor by Messrs. L?rick A Lowrance. Tho lot is 25 feet front on Main street,
by 2G3 foot doep. Tho Building ia 150 feet long and two stories high, lt is now leased for
three years for $1,400 por annum, payable monthly in advance, valued at.$15,000
Second Prize-Lot adjoining Rose's Hotel, 14 feet "front, 208 feet deep, valued at. 1,000
Third Prize-Lot adjacont to above, 25i feet front, 208 lect deep, valued at. 1,10b
2'.Cash Prizes, $100 eaoli. 200
4 Cash Prizes, at $50 each. 200
110 Cash Prizes, at $10 each. 1,100
2,000 Tickets, at $10 each.$20,000
Tickets may be bad of the General Agont, Dr. E. W. WHEELER, at Temperance Hall, or
at the Muslo Store of Messrs. LYBRAND St SON, Messrs. JOHN AGNEW St SON, T. M. POL?
LOCK and D. C. PEIXOTTO St SON.
The following gentlomen have consented to superintend the drawing: J. 0. B. Smith, D. B.
Millor aud Henry E. Scott, in connection with a committee of three selected by tho Ticket
holders, on the day of drawing. ?
Tho 10th day of November-the fourth day of the State Fair-HAB BEEN SELECTED AS
THE DAX FOR THE DRAWING, which Will take place in Temp?rance Hall, Columbia, B. 0.
Ticket-holders are assured the drawing will positively take place tbat day, Tho tickets have
mot with good sale, and all who intend investing are requested to do so as early as possible.
As the names of the ticket-holders will be registered in a book which shall be in posses?
sion of the Trustees on the day of drawing, parties may feel assured that no more than
2,000 tiokets will be issued.
REFERENCES.-E. J. Scott, Son St Co.'a Bank; Col. J. B. Palmor,President Contral National
Bank; Citizens' Savings dank; South Carolina Bank and Trust Company, and W. B. Gulick,
Cashier Carolina National Bank.
Capt. Wado L?rick, Agent in Loxington. For further particulars, addreBB,
Sept 8 +2mo DR. E. W. WHEELER, Box 88. Columbia, S. O.
CHARLESTON, S. C.
FALL AMD WINTER OF 1871.
fTIHE subsoribers. Jobbers and Wholesale Dealers in tho city of Charleston, 8. C., beg tc
1 oall tho attention of tho merchants of tho interior of this and tho adjoining Stat os tc
this market, as being now ono of tho most desirable in which to procuro fall supplier of all
articles they may require.
Tho wanta of thu country having rapidly increased, with ampio facilities to enable UB tr
procure our Buppli?s direct from first bauds in Europe and this country, wo aro now preparer
to exhibit moro variod and complete Blocks of seasonable GOODS than at any period since
the war, and will dispOBo of them on as good forms ns any other market.
"Daily facilities afforded tor shipment of goods to any point deaired."
EDWIN BATES St CO., No. 121 Meeting CRANE, BOYL8TON St CO., corner Hayn?
street. ? and Meoting stroots,
JOHNSTON, CREWS & CO., No. 41 Hayno. ^MARSHALL St BURGE, No. 143 Mooting
EDWIN BATES Si CO., No. 122 Meeting street.
Fancy Goods, Notions, &c.
STEELE St WARDELL, No. 1G7 Meeting struct.
Fancy Goods, Notions and Millinery.
JOHN S. FAIRLY A CO., No. 35 Hayno street. | SELL St FOSTER, No. 27 Hayne street.
Millinery and Straw Goods. *
CHARLES A. LENGNICK, No. 161 Mooting street.
Boots and Shoes.
D. F. FLEMING St CO., cornor Hayne and I T. M. BRI8TOLL St CO., No. 145 Mooting
Church atroetB. I strcot.
E. B. STODDARD St CO., No. 105 Mottin? Btreet.
Hats and Gaps.
THOMAS M. HORSEY St BRO., No. 251 EDMOND8 T. BROWN, No. 43 Hajne
Hayne street. I stroet.
J. E. ADGER St CO., No. 139 Meeting ut. | HART Sc CO., No. 89 Hayno stroet.
O. GRAVELEY, oorner East Bay and Bo* co's Wharf.
Saddlery, Saddlery Hardware and Carriage Materials.
R. THOMLINSON St CO., No. 137 Mooting street.
Drugs and Medicines.
..,( GOODRICH, W1NEMAN St CO., No. 35 Hayne strcot.
Crockery and Glassware.
' WM. L. WEBB, No. 128 Meeting street.
. OEO. W. WILLIAMS St CO., cornor Hayno and Obnrcb streets.
Groceries, Liquors, &o.
J. A. QUAOKENBUSH, No. 122 East Bay I W. H. CHAFER St CO., No. 207 East Ba;
strcot. I street.
BOLLMANN BR08., No. - East Bay street.
Paints, Oils, Glass, &c.
HOLMES St O ALDER, No. 205 East Bay I WM. M. BIRD tc CO., oornor East Bay an
street, I Cumberland streets.
Job Printer, Stationer and Book-seller.
EDWARD FERRY, 149 Meoting streot.
Typo and Printing Material. Paper, Stationery, Job and Book Printing.
Aug U WALKER, EVANS & COGSWELL, 3 Broad streot, and 109East Bay.
ja^A^I^G/^OBT^l^l^Y^ f^0BER li 1871, to JANUARYS; 1872,
In Osmtqaence of tue Fever In Charleston, 8. C.
R! SSM fltm?WAY.
;?.< :.: . .. <; M-i-7?-:
Tho South Carolina Land and Immigration Association,
BUTLER, CHADWICK, GARY & CO., AGENTS,
UNDER tbo auspices of tho "South Carolina H tit o Agricultural and Mechanical Society,"
will give a aeries of CONCERTS, at tho Academy of Music, Chariest ou, H. C., commenc?
ing January 8.1872. Refera to all tho hankers, brokers and prominent gentlemen of tho
country, both North and Sooth.
160,000 Season Tickets- of Admission, at $5 Each.
If yon have not received a circular, Bend for ono, giving full particulars. All orders
2,405 Gifts, Amounting in all to $500,000.
The drawing of this great Southern enterprise will bp conducted under tho supervision of
tho following well known gontleme-n: Gen. A. It. Wiigbt, of Georgia; Gen. Bradley T. John?
son, of Virginia: Col. li. H. Rutledge, of South Carolina; Hon.Roger A. Pryor, of Now York.
Money for Tiokots can bo sent nit her by Express or Poet Ofiico Order, and tho Tickets will
bo promptly forwarded.
?.Direct all letters to DUTLER. CHADWICK, GARY fc CO.,
Principal o?leo, Charleaton, S. C. Charleston, 8. C.
GEN. M. C. DUTLEB. Joutf CHADWICK. GEN. M. W. GARY.
Oct 1 Um o
Good News for Columbia!
THE subscribers, having located permanently in this city, beg to inform thc public that
ho has oponed a uno and select atock of
en' MID YOUTHS CLOTHE
Our motto is "QUICK SALES AND SMALL PROFITS;" arid we guarantee satisfaction to
all who may favor na with their patronage. Give ue a call before purchasing elsewhere.
S. STRAUS & BRO.,
Columbia Hotel Building.
Sept 8 Imo
Via Charlotte, Columbia find Augusta Railrcad, North Carolina Railroad
Raleigh and Gaston Railroad, Seaboard and Roanoke Railrcad,
and Steamers between Portsmouth and New York,
Boston, Philadelphia and Baltimore!
???????iaimri TnE ABOVli-NAMED RAILROADS, in cou
tfT>WffPggpffT)' nectiou with tho Steamer Linea, having united
y_A-iil.r^?N jnmiIr^r^rlIfT^?ffi^^gP*t^fT,,^ 'n funning a Fast Through Freight Linc, to be
?M^raffc^H^.lBBl^^ known aa the YELLOW LINE, will put in npera
(3^^:K^?^IS3qStrg^^ -*pr?&~.r,n,,? on the 1th o? September, a FAST THROUGH
FREIGHT SCHEDULE between Columbia and Augusta and tho above-named Northern
cities. Tho attention of abippeis and i ceci vers of Ireight ia called lo thc following advan?
tages offered by the linc:
lt is almoat entirely an inland ronlo, by which rates of iiiburnncc and ritka of drisy from
bad weather aro greatly reduced. There is no diayage, and no transfers, except under cover.
Daily Steamers will run between Portsmouth and Baltimoic, Philadelphia and New York,
and fi eight H will have prompt despatch.
Rates and classifications the eamn as by other routes.
Through bills of lading given and claims promptly adjusted.
air HAVE GOODS MA HEED "VIA YELLOW LIEE." -ffn
For further information, apply to E. P. ALEXANDER,
Superintendent (mariette, Colombia and Augubta Haili end.
E. lt. DonsEY, General Froight and Ticket Agent. Sept 2 3mo
In Real Estate and United States Gold Bonds
Will positively be distributed by RAFFLE on tho 22d of November, 1871, in public, in tho
city of Charloston, at 10 o'clock A. M., by
CHARLESTON CHARITABLE ASSOCIATION, BENEFIT FREE SCHOOL FUND,
Chartered by tho Legislature of South Carolina ?lita last session, and approved March 8,1871.
ONLY FIVE DOLLARS PER SHARE !
THE RAFFLE will positively tako placo on WEDNESDAY, the 22d day of November, 1871,
in public, in the city of Charleston, at 10 o'clock A. M.
All the Property, real and pomonal, mentioned below must bo Distributed in tho Award,
and a valid deed of each pieco of Real Estate, freo from all incumbrances, given. Tho Per?
sonal Property and United States Gold Bouda will bo delivored immediately after the hallie.
Each and every Certificate has Three separate and distinct Numbers in figures, and the
words of each figuro written thereon, and aro all combined with each other from Nos. 1 to
78 promiscuously. All ttir- Certificates of bharea ianued by tho Company, with their numbers,
aro registered in their books.
SCIIKDIILiE OP AWAltDS.
That Certificate of Share having on it tho lat, 2d and Dd numbera obtained on tho
Rallie will bo entitled to the award of thai firat claaa Three-Story Warehouse, situ?
ate on Meeting street, No. 147, Charleston, S. C., (opposite tho Charleston Hotel,)
being 38 feet front by about 210 deep, tree from alt incumbrances, und valued at. .$35,000
That Certificate of Share having on it Ino 4th, otb and Cth numbera obtained on thu
lt ailie will be entitled to Ibo award of that firat claBB Three-Story Wu rehouse, No.
145 Mooting street, Ch a rh s ton, S. C.. free from all incumbraucen, valued at.??O.OOO
That Certificate ol Share having on it thc 7lh, Nth and 'Jth numbera obtained on tho
Raffia will bo entitled to tho award of that firat claea Three-Story Warehouse, No.
143 Meeting street, Charleston, S. C., freo from all inrnmbraneca. valued at.$27,500
That Certificate of Share having on it the 10th, 11th and 12th numbera obtained on
tho ll afilo will be entitled to the award of that Three-Story Warehouae, No. Ml
Meeting st reed. Charleston, S. C., free from all incumbrancea, valnod at.$25,0(10
The above Four Warehouses are opposite tho Charleston Hotel, anel aro tho moat valuable
property in Charleston.
That Certificate of Sharo having on it the 2d, 3d and 4th numbers obtained on tho
Hallie will bo entitled to an award of that tine pieco of property, situate on Broad
street, Charloston, S.C., and kuown aa tho "Mansici House," tree Irma all incum?
brances, valued at.t.$20,000
That Certificate of Share having on it the 8d, 4th nod 5lh numbera obtained on the
Raftlo will bo entitled to au award of that fino Two-Story Dwelling, fin?ate on
Gadsden and and Lumber streets, Columbia, S. C , with all tho out-buildings and
improvements, with about half an aero nf ground thereto, valued at.$10,000
That Certificate of Share having on it the 5th, otb and 7th numbera obtained on the
Raille will bo entitled to an award of that fine Cotton Plantation, containing
about 1,800 acres, one-third clearod, and heavily timbered, situate! m County of
Darlington, on Groat Peo Deo River, free from incumbrances, valued at. $10,000
That Certificate of Share having on it 0th, 7th and 8th numbera obtain? d on the Rafllo
will be entitled to an award of United States Gold Bonds (new isane) of value of.. $3,000
That Certificate of Sharo having on it 8th, 9th and 10th numbera obtained on tho Enfilo
will he entitled to an award of United States Gold Bouda (new iaane) of valuoof.. $2,000
That Certificate of Share having on it the Otb, lOlh and 11th numbers obtained cn tho
Raffia will be ontitled to an award of United States Gold Benda of thc value of_$1,000
Thoso Forty Certificates of Sharea having on thom following numbera obtained on Hallie:
2d 3d Otb 2d 4th Cth 4th 5th 7th 5th (it h 9th Gth 7th 12th Otb 10th 12th
2d 3d 7th 2d 4th .7th 4th 5th 8lb 5th Otb 10th 7th Ki h 10th Ul 3d 4th
2d 3d 8th 3d 4th 8th 4th 5th otb 5th (?th 11th 7th ?th 11th let 1th 5th
2d 3d 9lh 3d 4th 9th 4th 5th loth 5th Gth 12th 7th 8th 12th lat 5th Gth
2d 3d 10th 3d 4th 10th 4th 5th 11th Otb 7lh !)th 8th 9th 11th Int (?th 7th
2d 3d 11th 3d 4th 11th 4th 5th 12th Gth 7th 10th 8lh Otb 12th Itt 7th 8th
2d 3d 12th 3d 4th 12th 6th Cth 8th Gth 7th 11th
Will bo each entitled to an award in United ? tatos Gold Bonds of tho value of.. $500
Tboso Forty Certificates of Shares having on them following numbera obtained ou raille:
lat 8th 9th 2d 9th 10th 3d 11th 12th 5th f?th 9th 7th 9th Kith
lat 9th 10th 2d 10th 11th 4th Cth 7th 5th 9th 10th 7ih 10th 11th
1st 10th 11th 2d 11th 12th Uh 7th 8th 5th 10th lah 7th 11th 12th
1st 11th 12th 3d 5th Gth 4th Rib 9th 5th 11th 12th 8th 10th 11th
2d 4th 5th 3d (Uh 7th Kb 9th 10'h (iib 8th Ol h 8th 11th 12th
2d 5th Cth 3d 7th Hih lili HM li lltb | Gth lilli 101 ti 9th 11th 12th
2d Gth 7th 3d 8th 9ih 4th 1Kb 1 ?th Cth 10th 1Kb Ul 3d 5th
2d 7th 8th 3d 9th 10th 5th 7th 8th | Cth 11th 12th Ul 3d Gth
Will bo each entitled to an award of United States Gold Bouda of thu vainc of. $250
All tho other Certificates of Shares having on them any three numbers obt urned on tho
Rafflo, and not designated as any of tho above Certificates aro. will ?ach be enti?
tled to an award of United Staton Bonde of tho value of.. $50
Awards will bo mado only to snob Certificates of Shares as have tb re o number* on them,
' so obtained on tho Ratho.
To auch asdesiroto take Shares in thia great Raftlo and diatribntion cf real and personal
property, tho Directors will afford every facility and satiafaclion. and perfect fair nen? will be
exorcised throughout, and many persons may (raco their future prospecta in business and
station in sooiot} to a fortunate share loo oin.
Orders, with tho money for Certificates, may bo Bent by Exprese, or Registered Letters, or
Post Ofhco Orders, at tho ri?k of tho Association. Poraons sending ordern will bo particular
to give their names, placea of residonco, County and State, which will be entered in tho books
ol tho Company, and immediately noon tho Rafllo taking placo tho official rallied numbers
will bo forwarded to each oorroapondout. i
The Rafllo will poaitively tako place on the day named, and every award of tho property and
Gold Bonds most bo made to the holders of tho Certificates.
Address all orders to T. LKVIS, Agent, Columbia, s. c?
h ar lestpn ?harit a bl ? ?ss dela ti on1,
Incorporated by Act of Assembly, 1870-71, and approved 3farcft'8,"1871.
SINGLE NUMBER" RAFFLE !
AND DI y TILI J? UTI ON OF .
400 Awards in United States G-old Bonds, New Issue,
FOli TUE BENE*IT OF TUE FREE SCHOOL FUND, - .
WILL TAKE F LACE ON
THURSDAY, OCTOBER 18, 1871,
Al No. 147 Meeting Street, Charleston, S. C., at 1 O'Clock F. M., in Public.
Full Certificate Shares, $5; Halves, $2.50; Quarters, $1.25.
Ten Thousand Numbers Only Z
FOUR HUNDRED AWARDS o? United States Gold Ronda (new istrae) to bo distributed
immediately upon tho Raille taking place.
BCHEUULE OF AWARDS.
One Award of 810,000 In Gold lt o ixl?, ls. gig QOO
Ono Award of #2,500 in Gold Bonds, is.'} GOO
Ono Award of 2.000 in Gold Bonds, is. 2!o00
Ono Award of 1,000 in Gold Bonds, ia.ti j'ooo
Ono Award of COO in Gold Bon du, is.?-j '??QQ
Ono Award of 500 in Gold Honda, ia.BOO
Ono Award of 500 in Gold Bonds, ic.BOO
Ono Award of 250 in Gold Honda, is.!!!!!! .! 250
Ono Award of 250 in Qold Bonds, is.?*.?*.Y.**' 250
Ono Award of 250 in Gold Bonds, is. . . 260
Ono Award of 250 in Gold Bonds, is..J.!!!* 250
One Award of 200 in Gold Bouda, is..!!!!!* 200
Ono Award of 200 in Gold Bonds, is.....!"! 200
Ono Award of 200 iu Gold Bouda, is. ..-..!"! 200
Ono Award of 200 iu Gold Bonds,is... ..."*!'*". 200
Eivo Awarda of 100 in Gold Bonds, aro..'.500
Ten Awarda o? CO in Gold Bonds, are., * V 500
Twenty Awarda of one-balf oacb of ono $50 Gold Bond, aro..*..".*. 600
Fifty Awarda of ono fifth each of ono $100 Gold Bond, aro.1 OOO
Ono Hundrod Awarda of one-tenth each of one $100 Gold Bond, are..*.'..'. 1*000
Two Hundred Awards of one-twentieth each of ono $100 Gold Bond, are. 1*000
400 Awards to be Distributed in Gold Bonds, in conformity to law,
Explanation of Hie Distribution.
Numbers from 1 to 10.COO, (tho aamo numbers being on tho Certificates,) aro printed on
Bcparato alina ot paper, which are each encircled in tubes, and are all placed in a Glass
Raille Cylinder, '?ho Four Hundred Awarda, in accordant c- with tho schedule abbye, aie
also printed on sepal atc slips ol paper, und each ie encircled in a lube, and all are then
placed in another ??lats cylinder, called tho Awhid Cylinder. The cvlindirs ?re both re?
volved, and a number ia taken Ircni tho cjlhie tr vi rumbos by a boy*blind-folded, and one
of tho awarda ia taken from the Awaiti Cylinder by a boy likewise blind-tolded. both of
which are exhibited to the t-pectnlors, and t-ueh number will be entitle cl to tho award; and
thia Operation will he repeat? d until 41)0 numbers sro taken iicni thc Nonier CYhncui and
100 awarda from the Awaid Cylinder to euch nun hers. > "
Tho Commissioners will ? ii ter down 1 nth ?limber on their bocks aa tnken from the cylin?
der numbera, und the Awards to each na takii: tr cm the Award Cylinder.
The Iliifllc will hike place on tho day nm) commence ut thc hcur named. There will bc no
P"btpbiicuiciit what? vcr, and all the Awards naibt Le disliitutc el.
CtilllUans for Salo nt all tilts Agencien o? tile Association.
COMMISSION Kits- FENN BECK AND JAMES GI ELI LAND.
For orders, address L. T. I.KVIN, Agent, Mainstreet, Columbia, F. C.
J. 1'. HORBACH i General Agent, Ko. 147 Meeting street, Charle-non, S. C. 8cptl4
GRAND PRIZE" l)?STRIBUTION !
npICKETSto thc Concerta of tho SOUTH CAROLINA LAND AND IMMIGRATION ASSO?
CIATION ready for ?ale and delivery. All ord ?rs from tho country promptly filled. Agento
wanted for tho Counties of Lancaster, Lexington, Sparlanburg, Greenville, Abbeville, Oco
nee and Picken*. Apply lo , D. GAMBRILL &. CO.,
June G General Agents, Columbia, S. C.
THE UmVERSAIi LIFE
LIBERTY STREET, ^^^^^^^^^^^^P NEW YORK.
The Original Stock Life Insurance Company of the United States.
WILLIAM WALKER, President.
HENRY J. FUUBER. Vice-president. JOHN H. BEWLEY. Becretary.
GEORGE L. MONTAGUE, Actuary. E. W. LAMBERT. M. D.. Medical Examiner.
THIS COMPANY offers the following IMPORTANT ADVANTAGES to those*
abont EFFECTING INSURANCE ON THEIR LIVES:
1. InBurauco at Stock Rates, being from 20 to JO per cont, less than the ratos charged by
2. Each Policy-holder is regarded aa a Stockholder to tho extent of ono Annual Premium
on his Policy, and will bharu in tho Profits of tho Company to thu samo extent as a Stock?
holder owning an equal amount of tho Capital Htock.
3. Every Policy iaauea by the Company ia non-rdrfeitable, and contains a [clause statin? its
exact Surrender Value.
Before Insuring your Life or accepting the Atjency of any Company,
A lengthened experience hns demonstrated that the rates of premium ordinarily charged
by lifo iuauranco companies are from twenty-five to thirty per cent, in excesa of what are ne?
cessary for a auto and legitimate conduct of tho business. In other words, carefully and
prudently-managed companies charging "mutual" rateB have been ablo to'return to their
policy-holders from 25 to 30 per cent, ot tho amount charged for premiums.
When lifo iuauranco companies wore first organized, reliability of the data upon which pre?
miums were constructed had not undergone teat of experience, lt waa thought, therefore, no
moro than common prudence to adopt a seule of premiums which would, in any event, meot
all tho preaumed and unforeseen cont i tig en ch s of the business. As long no the matter was'
involved in some doubt, it was better to lix tho rate too high than to incur the riak of mak?
ing it too low; because, in the former caac, tho error could bo easily remedied, at lcaet in
part, hy returning to tho policy-holders, at certain intervale, euch portion of the premium
charged na waa found necessary for tho purposes of tho business ana tho completo security
of i lu- company. Experience, however, having tatisfactoiily demonstrated that those rates
aro esceaaive, what possible exuuae can there ho for maintaining them?
Availing themselves of this experience, the Directors and Managers of the Universal Life
Insurance* Company, at its organization, adopt? d a seale of premiums in accordance there?
with, and which baa proved tu be fail ami adequate, and all that was necessary to moot the
requirements of the business. Thean premiums aro about twenty-five per cent, lower fhan
those obargo by mutual compaueis. It alao appeared, inasmuch as the rates so established
were aa near aa could possibly be determined fair ratea, and not in excess of what insurance
has previously coat tho policy-holders iu mutual companies, that any profits arising from
prueienl management justly sud properly belonged to the stockholders of tho company, for
tho riak incurred by them in undertaking the business
Exporieuco baa shown that thero aro sources of profitin tho practice of the business which
theory will uot admit of being considered as elements iii tho calculation of the premiums.
These resulta form a paving in the mort ali ly of the membrrb of a company owing to tho me?
dical select ?on of good liven, a gain in interest on tho investments of the ctsmpany over that
assumed in the calculation of its premiums, the profits derivable from tho lapsing and sur?
render of policies by thc membera, and from other minor sources. Profits from these sources,
in a company possessed of a capita1 of $200,000, and doing a fair amount of business, would
give to the stockholders dividends largely in excess of what were counted on by tho Directora
of tho Universal at ibo time of its organization. They have, therefore, dctormined to divido
among tho policy-holders of the company a largo part of tho profits accruing from tho
sources named, all of which bavo heretofore been divided among tho stockholders.
The plan adopted for such division ie aa follows: Every person who may hereafter insure
with tho Universal will, for tho purposes of division, he treated as a stockholder to extentef
ono annual premium upon hie policy; -id will sham in tho profits of the company to precisely
same extent as a stockholder owDjnc an eqnal amount of the oapital stock.
Kv this system of insurance, original with the Universal, tho policy-holder ecouro? the fol?
lowing important advantages:
1. Insurance at tho regular "tdock" rates, requiring a primary outlay of about twenty to
thirty per cont, less than that charged by mutual companies, and which ia cqnivalent toa
ycarfv "dividend" paid in . dvaheo of that amount on mutual rates. This low cost of insur?
ance "is worthy of attention. Since its organization, thia company has received in premiums
from ils policy-holders the sum of $1.517,000. To effect the same amount of insurance in a
mutukl companv would have cost them an initial outlay of $2 000.000. Ry allowing its policy?
holders to retain, irtdhejr dwrl pn^sesBion, thin excess of $483,000, tho Universal has virtually .
paid them a "dividend" of $483,000 and paid lt, too, in advance, instead of at the end of ono
or moro vears. It in impossible to find any examplo cf a mutual company furnishing Insur?
ance at so low a cost by returning to policy-holders an equal amount upon similar recoipta.
2. Participation in tho legitimate profits of tho company, upon a plan winch Boonros to the
ptdicj'boldere tho same treatment which directora and stockholders award to themselves.
Thia system of participation, in connection ?ith the low "stock" rates of premiums, must
necessarily aecure to the policy-holders ovory possible advaiitago td bo e?erived from prudent
and carobil management. ,
The low ratea of premium con.pol economy, and, independent of participation, guarantee
to the pohcv-hold? r bia insurance at a rule which is not in excess of the coat in woll managed
mutnal con?uaniee; w hilo, by the prtipoaod plan of participation in what may bo considered
tho legitimate profita of tho" business, the cost will bo still further diminished.
ibu? by tho combined advantages arining from low stock rate and participation in profltB,
it is confidently believed thu Universal Life Insuranoe Company offers insurance at ita lowest
Too BO of tho existing policy-holders who desire to participate in tho profits under tho now
plan can do so by making application to tho head office, or to ?ny agents of tho company.
Tho company is in a sound financial condition. Ratio of assets to liabilities 186 to 100.
Good rcliablo agents wanted, who will deal direct with tba New York office, and to whom
full goneral agonta' commissions will be paid.
? * M. W. GARY and M. C. DTITLER,
State Superintendents of Agenoies.
Office* on Richardson street, opposite Columbia Hotol, Columbia, 8.0. 8?pt ?