THE National Park Bank OF NEW-YORK. Capital, $2,000,000. Surplus, $3,000,000. Extensive Safety Vaults for the convenience of Depositors and Investors. Entrance only through the Bank. 1 2 3 4 5 The NEW YORK LIFE INSURANCE COMPANY is a Purely Mutual Company in which Policy-holders alone receive the Profits, and that has, in fifty-four years, paid nearly Fifty-five Millions of Dollars in Dividends of Profits to Policy-holders, and has accumulated, for future Dividends as they become due, nearly Thirty-eight Millions more. New members are received as partners on terms of equality with old members. The NEW YORK LIFE has over One Thousand Millions of Paid-for Business in Force (as per affidavit of its Officers on May 23, 1899, since verified by the New York Insurance Department) and is, in the Number of its Policy-holders and in the Amount of Protection Furnished, the Largest Life Insurance Company in the World. The NEW YORK LIFE'S Investment Accumulation Policy is Automatically Non-forfeitable from Date of Issue. Most life policies are non-forfeitable only after two or three years' premiums have been paid, and many are never automatically so; if you do not ask for paid-up insurance under such policies you may lose it. The NEW YORK LIFE'S Investment Accumulation Policy is Incontestable from Date of Issue. Most life policies are Incontestable only after one, two or three years-some never. If you pay for insurance you want it absolute without any "string to it." The Best is None too Good for Your Family. The NEW YORK LIFE has lately adopted a new By-Law respecting Investments, under which it undertakes to Sell, between now and January 1, 1902, all the Stocks it now holds of private corporations, and hereafter not to invest in, nor loan money upon the security of, stocks, unimproved or non-productive property, farms, hotels, theatres, churches, breweries, factories, mines, or industrial enterprises. Very little of its funds is now so loaned or invested, and the Company's present action will place its invested assets upon a Basis More Conservative than that of any other American Life Insurance Company. |