Show A Good Institution There is much prejudice existing and no doubt justly too in some case against Life Insurance Companies Com-panies many ef whch have drawn large orofits from the policy holders and paid their officers exorbitant salaries Some have drawn so largely in this direction as to irns poverish the companits treasuries ao that faluro was a natural result Ohers have been conducted on such an ex ravagant bais in other respects as to be unable to meet any sudden demand uoon their funds to caver loesea by death 1 Again there are sound objectio raised to paying a large premium annually whether deaths occur or not in order to secure the payment at death of a certain sum for the relief of the widow and children While there are doubtless good arguments ar-guments pro and con as to such securities we do not on general principles advocate a promiscuous inves ment in tha clbss of insurance insur-ance There is however a class which stana = i preeminently above thee asa as-a publ c benefit ptcially to the laboring population of which our community is largely composed We allude to those companies known as m itual aid societies We have in our mind the one represented seuted in this city called the Great Western Mutual Aid Association of Denver Colorado In thinking upon this subject a HEKALD reporter re-porter called on the local attorney j for this association and elicited the following facts The policy holders in this company are in one sense members There is no annual an-nual premium collected and the policy holders are only required to pay when a deah occurs in the membership The amount so collected col-lected is fixed at one dollar no mpreor lessand is to be forwarded within forty days from the date of the notice The notfce in each casa states the name of the deceased member the place and cause of his deah the names of attending physicians and officiating minister and giving the time within which the dollar must be forwarded with blank to accompany the same Eightyfive per cent of the amount so collected from the policy holders is paid to the beneficiary entitled to rceive the same which is arranged ty the party at the time of admission as a member thus avoiding the necessity neces-sity of a will or other court expenses ex-penses The remaining 15 per cent goes to create a fund for the purpose of meeting maturity endorsement certificates Each person is entitled to receive the amount of hit policy at some future time if he Jives out the full period and his beneficiary receives it at his death if the member mem-ber should die before the time expires ex-pires There Is only one paid officer of j the company the secretary and he gets S150 par month This another an-other contingent expenses such as canvassing advertising etc ai L met by an admission fee of SI Jr which has only to be paid once ail an annual due of S3 from each member during the continuance of the certificate of membership The officers handling the funds are j under bonds of unquestionable unquestion-able strength and the strictest strict-est fidelity and safety are thus secured There is one excellent excel-lent feature that this society presents pre-sents for immediate relef Assooa as a death occurs and tho request is mad the sum of S2tO i > immediately immedi-ately forwarded from tbt funds cf the society to meet expenses of sickness ana funeral Aijent are required to telegraph facts at one and tbe money 13 torwardei t > the i party entitleJ to receive the cla mi t and is charge up to the account ot s id beneficiary at final payment t k This avoids distress and aflorcJ lJ immediate relief of a substantial character We found Mr Charles 1 W Stayner who is the company t attorney here ready to give us all 1 Information we desired on the subject sub-ject and the gentleman stated that J he would cheerfully enter more top detail at any future time Were 13 < quite an extensive members J this city and other parts of tbe I ritory who express great site i tlon at their connection WQ 10 useful and thrifty an inatttuuo r |