s leave to announce that its Twenty-Year Ton Policies, issued in 1872, are now maturing WITH THE FOLLOWING RESULTS:

I.

rdinary Life Policies are returning from 13 to 48 per o excess of their cost.

wenty-Year Endowment Policies are returning from 52 per cent in excess of their cost.

imited-Payment Life Policies are returning from 35 per cent in excess of their cost.

ese Returns are made after Twenty Years' Insuran

II.

Persons insured under Ordinary Life Policies may, in 1 the above cash values, continue their insuran original rates, and receive Cash Dividend

111 per cent of all premiums paid, and hereafter as they accrue.

f from

ual divi

Persons insured under Limited-Payment Life Policies m lieu of the above cash values, continue their insu without further payments, and receive CASH DENDS of from 61 to 159 per cent of all premiums and annual dividends hereafter as they accrue.

III.

sons desiring to see results on policies issued at their p age, and further particulars as to options in settlemen please address the Company, giving date of birth.

THE NEW YORK LIFE INSURANCE CO

E

39.

SUNSUL TULICI,

ISSUED ONLY BY

ual Life Insurance Company,

OF NEW YORK.

ent Consols are issued by the Mutual Life in denominations of d. They are purchasable by the payment of annual instale to ten per cent of the principal. They mature in ten, fifteen

death of the owner prior to the completion of the purchase the es to cancel all further payments and pay to the heirs the rued interest at the rate of six per cent per annum. Thus, of a $10,000 Consol die after having made five proportionate , his estate would realize $13,000; after ten payments, $16,000,

spaper a

ed period of maturity the Consol may either be terminated or Option of the holder as follows:

for its face value and its share of the Company's accumulaof surrender, the holder thereafter receiving a fixed income

Other imp

pery in the

by the owner as a paid up insurance during life, producing an esides participating in Company's regular dividends.

en to

ated profits will be paid in cash at the maturity of the Consol ereafter, or may be applied to increase the estate and life

vantages of these Consols over other forms of investment are: on of an immediate estate by the payment of a comparatively

ent of a safe and certain income for the later years of life.

e cost, considering the character of the security furnished. rom risk of loss and from taxes.

ser and oct

ent of three instalments secures to the owner an estate and tionate amount.

SETS OVER $157,000,000.

RICHARD: 4. M:GURBY President