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4Sl. Hrvj:iJtM(J'WJCTi3(51,'''tfW 18 THE SUNDAY HERALD, SUNDAY, FEBRUARY 22, 1891. K ! U J. .'. n , ' &' 3 5.l a: ' It- WASHINGTON BENEFICIAL ENDOWMENT ASSOCIATION RUILDING. Washington Bnnellcinl Endowment Association. There are two kinds of insurance insurance that insures and insurance that does not. There are two kinds of corporations that insure those that pay high salaries and low losses and those that pay moderate salaries aud the full amount of their losses. The former exists for the benefit of the stockholder as against the policy-holder, the latter for the benefit of the certificate-holder, who is his own stockholder. The latter Is not necessarily more anxious for his family to realize on his certificate, but there is substantial satis faction in knowing that high-salaried officers are not earning their money by obstructing the prompt settlement of claims in such an event. Assessment insurance honestly and conserva tively managed presents the maximum of se curity at the minimum of cost. We present the Washington Beneficial Endowment Association as a corporation of this character. This claim is justified by its history. Facts and figures talk. See what they say for this concern. It isn't new. It is one of the oldest assessment companies now doing business. Planned in 1875, incorporated in 1877, the "Washington Beneficial Endowment Association opened its doors for business in the latter year. The doors weren't very wide. Wide doors and large offices weren't necessary to accommodate the business. Rooms on the second floor of 921 Pennsylvania avenue were sufficient. But not for long. Little was known about assess ment insurance at the time. Critics of the company said it was an experiment that time would obliterate. It hasn't. If it was an ex periment the experiment has proved a success. Three years' business was all the second floor of 921 Pennsylvania avenue could stand. The company had outgrown it. More room was necessary. To obtain this it had to move. The Infant concern was past the creeping age. It was ready to try the experiment of walking. When it was decided to make a move the same good judgment that has guided the whole course of the "company was displayed. A lot on F street adjoining the Masonic Temple was pur chased and a building erected upon it. Seven years later the Columbia National Bank wanted the property and were willing to pay for it. The company was willing that they should have it, and sold it. They purchased a lot on Tenth street and erected tho building they now occupy. We present a cut of it with this article. It i6 a handsome structure and the offices are models of convenienee. Tho "experiment" had demon strated its success. The critics were willing to acknowledge It. As "nothing succeeds like suc cess," so the volume of business has continued to multiply. The substantial character of the company has been recognized. Seven hundred thousand dollars is a considerable amount of money to bo paid in losses by any company in thirteen years. That is the record of the Wash ington Beneficial Endowment Association. Here is the rest of the story: Fourteenth Annual Statement of the Financial Condition of the Washington Beneficial Endow ment Association, December 31, 1890. Capital stock (paid up) 820,000 00 ASSETS. Cash on hand $10,514 47 Furniture 70S 25 Loans, secured by 1st mortgage 12.500 00 Interest duo on loans.... 312 50 Notes receivable 0,700 00 Assessments to be collected , , . . 81,300 00 Sundry credits , 397 00 881,591 91 LIABILITIES. Death claims not yetduo. ,.,.. $21,004 75 Sundry debits J3 25 821,078 00 Tho above is a true copy. Lawrence Gardner, Secretary. ." Sworn and subscribed to before mo this 19th day of January, A. D. 1891. A. B. Kelly, Notary Public. This association has a way of its own of doing business. It believes that if a patron i6 a good risk for five hundred, dollars he is a good risk for five thousand. If tho medical examiner consider him good for tho ono ho is good for both: If not good for one ko is good for neither. There has been one case in court against this company. WThat other company, assessment or any other kind, can present a better or as good a record in tho 6ame number of years ? They believe in paying claims in full if they are just. They beliovo in not paying them at all if they are unjust. That's why that case went iuto court. The motto is, "No compro mise." Tho greatest care is taken in regard to the naming of benlficlaries. It is easier to settle these matters before death than after. Not only is it easier, it Is more satisfactory to all concerned. The following was the first board of officers and directors: Dr. R. B. Donaldson, President; Georgetown "University. Tho oldest Catholic college in America is the distinguished honor borno by tho Georgetown University. For It was In tho year 17S9 that tho university was established through tho efforts of tho Rov. John Carroll, afterwards tho first Archbishop of Baltimore Chartered as a university March 1, 1815, it to-day posscsso s among its other university branches n school of medicine and a law school, which are known throughout tho American continent, if not throughout tho world, for thoroughness and completeness In tho instruction given. Indeed, such a reputation the university as an entire institution enjoys. Delightfully situated on Georgetown Heights, about two aud one-half miles distant from tho Capitol, overlooking tho Capital City and tho boautiful Potomac, tho viow commanded is ono of tho uoblest known in this or any othor land, whilo the extreme hcalthfulncss of tho slto is a matter of general remark. The building is of rcmarkablo beauty and is surrounded by grounds noted as famous for natural sccuery. Tho university buildings aro not only of architectural beauty, but they are also unsurpassed in their wealth of all tho conveniences aud facilities necessary for tho proper maintenance of such au institution. Willard's Hotel. On tho corner of Fourteenth street and Penn sylvania avenuo stauds Willard's Hotel, which, historically considered, stands second to no othor hotel in tho United States. Very soon after tho National Government was located on the Potomac a small country inn once occupied a portion of the ground now covered by this noble and palatial hotel building. First it was known as tho "City," then "Williamson's," and afterward "Fuller's." Tho Willard brothers became proprietors a few years before tho late war, who gave it tho present name, which has been retained since by tho present proprietor. Tho once humble place Is so no longer. It is now ono of tho finest hotels in tho country. Its frontage on Pennsylvania avenuo is 150 feet, extending on Fourteenth street to F street, tho entire block, 350 feet. It is capablo of ac commodating seven hundred guests atone time. The rotunda is a fine room, handsomely deco rated with vaultedceillngs, while largo and comfortable sofas aro placed around tho walls for tho accommodation of guests and their friends. Our Presidents from time Immemorial have gone from the suite of rooms known as tho President's rooms to take the oath of office at the Capitol. There are but few hotels in tho world so ex pensively and completely furnished as Willard's. Mr. O. G. Staples, the present proprietor, has WILLIAM 11. YEOMAN SEE PAGE 23. ago. Since that timo tho Inaugurati on of sovon 1 branches in different parts of the city has been duly noted. As tho G. A. aud P. T. Co. do all their own im porting and employ the most export j udges of tea aud coffee, together with tho fact that they have invariably given tho public at largo the full benefit of these advantages, it could not bo expected that such enterprise would not bo fully appreciated. At the headquarters of Manager' Bowman about thirty-six clerks are required to fill tho wants of tho many cus tomers. At this establishment there is always an asDect of business, the store presenting a brilliant appearance, especially when lighted in tho evening. Numerous presents aro being constantly given away, and It has been long since proven that no extra charge is put upon goods on account of this extra inducement II s Vm m s4EB liiT i Uni' i iUBwi iTMPHBlBwJlHiiM mm GEORGETOWN UNIVERSITY iJY PERMISSION OF "THE COSMOPOLITAN." Robert Ball, Vice President; Noble D. Lamer, Treasurer; Alox. Gardner, Secretary; Law rence Gardner, Assistant Secretary, and Isaac L, Johnson, Attorney. Trustees: Thomas J. Luttrell, William II. Goods, George B. Clark, and Charles E. Prentiss. The changes haven't been many in tho intervals between tho start and to-day, In January last a now directory and now of ficers were elected, Dr. R. B. Donaldson again assumed the presidency. The following are the officers: Thomas Somervllle, Vice President and Treasurer; Lawrence Gardner, Secretary; Frank S. Parks, Assistant Secretary; Directors, Thomas J. Luttrell, O. C. DuncanBou, Lawrence Gard ner, J, J. Edson, Ellis Spear, and John T. Given. - - IfekSflli-' ,0 wlJKs' incurred a large expense in tho present system of heating, plumbing, and ventilation. Tho sanitary arrangemeuts aro as near perfect as possible. Tho culsino of this house is unsur passed by any in tho country, Mr. Staples spar ing neither money nor energy to procure the finest cooks and luxuries that can bo found in tho markets of tho world, and ho aims to excel in this respect, as he does In all others. Stock quotations are continually received during the day at the hotel from tho Stock Exchange, New York, and Board of Trade, Chicago, by private wires. Mr. Staples has an extensive experience in the hotel business, and is known as a cental host and a gentleman in every sense of the word, GREAT ATLANTIC AND PACIFIC TEA COMPANY, The history of tho G. A.andP. T.Co., In this city has been something almost phenomenal, and the credit is in no small measure duo to tho ef forts of tho Indefatigable manager to properly advertise and show up tho goods in their true light. Tho quantity of pure teas and coffees sold- in the course of a week 16 something astonishing, and shows that this company is increasing Its trade every day. Tho Great Atlantic and Pa cific Tea Company is favored throughout tho country. KINGSLEY BROS. CREAMERY CO. Seo cut on twenty-second page. Tho above cut is a good representation of tho Aldernoy Dairy, which Is considered au institu tion almost indispensable to tho residents of Washington. Tho pioneer founder of the "dairies," not only in this city, but in Virginia, Maryland, and West Virginia, is Mr. A. P, Kingsley, who has during tho past sovon years increased tho business of this giant creamery company to large proportions. Tho plant of tho Kingsley Bros. Company is in fact the largest In these United States. Six thousand pounds of pure creamery butter aro churned daily and shipped to Now York, Philadelphia, Baltimore, Iudianapolls, and tho South, the reputation of tho buttor emanating from the King6loy Bros. Company having been long since firmly established. Although the Aldernoy Dairy is tho largest and most elaborately fitted up lunch-room in the District, and is open night aud day, it forms but a small part of tho immense business of the company. The Kingsley Bros. Co. are large wholesale dealers In country produce and dairy products, their headquarters for this part of the business being at 927 and 929 Louisiana ave nue, where they are also large dealers in Florida oranges and fruits. The Aldernoy Dairy on D street is used as tho milk depot, and no concern in tho country Las better facilities for obtaining rich and pure milk than has this company. Their success in the past seven years has been something almost phenomenal. Tho officers of this company are composed of many of Washington's leading financial men, whoso reputations for probity and character add tone to tho business circles of the city. Washington Electric Construction Company, OOO 12th Street N. W. Seo Cut on Pago 30. There Is no subject which affords more chance for study than does the mystery of electricity. Even tho greatest inventors and experimenters of tho day do not fully understand it, although their inventions, which aro in themselves mar vels, have won for them tho admiration of the people tho world over. Electricity is being brought into different uses every daj The uses to which electricity is applied by tho Washing ton Electric Construction Company brings it within the range of everything known up to tho present time. This electrical company was first formed in this city about four years ago. Its present executive officers are Messrs. C. W. Messner and Charles S. Pardo, respectively manager and treasurer, who came to this city from Chicago, where thoy attained valuable ex perience of tho workings of electricity. Tho Washington Electric Construction Company aro fully equipped with everything in tho line, and aro prepared to furnish estimates ou both largo and small contracts for fitting with electric ap pliances. December last the increase of tho business compelled them to seek more room. Thoy have now ono thousand five hundred square feet, and aro more than over prepared to do any and all kinds of electrical work, make tests, as sist in experiments, aud store goods, besides carrying a fine display of goods in tho main store. Tho success of this company in this city has been something almost phenomenal but wholly merited. Special attention is given by this company to the fitting of new buildings with any and all kinds of electrical work, in which they have been highly successful. DILLARD'S EOTEL. 501 unci fiOa Seventh Street Northwest, 1020 Fourteenth Street, 3104 M Street North west, 58, 50, and OO Centre Market, 01 and 03 Western Market, 8 and O O-Street Market, and 101 Northern Liberty Mar ket, This giant combination, which is so well rep resented in this city, and supplies a large per centage of tho tea and coffee consumed in Washington, has the distinction of being tho largest tea aud coffee concern iu tho world. Two hundred aud twenty-five stores aro owned and controlled, representing every city and town of any consequence throughout the Union. This company possesses a standing capital of $25,000, 000, and thocombined sales are $0,000,000 a year. Thirty-three hundred employe's aro required by the company also to accommodate the patrons at these numerous stores. This company first located In this city as far back as thirteen years fHHUfcldR t!l Siri I Sjm ffffi .T TK fflk.S nlij t T J iF i jBP" j E'GLfj'" '9 u. U h. l x flUfc i'VSftl I GREAT ATLANTIC AND PACIFIC TEA COMPANi".