The Camden chronicle. (Camden, S.C.) 1888-1981, April 13, 1945, Image 2
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New York life
Observesits
100th Anniversary
Yesterday marked the 100th Annt-
rersary of the New York Life Insur*
ante Company. In rlew of the war.
no special ceremonies hSTe been sthe-
dnled at the Company’s Home Office,
whwe the employees are staying on
the lob and bosiness is going on as
usual. Throughout the United States
and Canada. New York Life agents
are observing the beginning of their
Company's second century bY'inakiug
a renewed effort. i
The New York started business on
April 12, 1845 as a mutual life insur
ance company, having been organized
by a group of leading New York busi
ness men who pledged their peraonal
notes for 156,815 so that the Company
would have the funds to meet early
expenses and losses. These notes were
cancelled in 1850 jrben the assets of
the Company exceeded 1200,000. The
New York Life hcui never had any
stockholders and dividends have been
paid only to i>ollcy-bolders.
The Company’s assets passed the
milliolT’^ dollar mark in 1865. the one
hundred million dollar mark in 1890
and the billloit dollar mark in 1928.
According to its 100th Annual Report,
assets exceeded 13,500,000,000 and
surplus funds held for general con
tingencies amounted to 8230,000,000
on December II. 1944.
The Company was one of the first
In the Unit^ States to appoint agents
in order to promote the publie accep
tance of life Insurance. Several of
its earllesf agents later rose to promi
nent positions in public life. Among
them were Schuyler Colfax and Tho
mas A. Hendricks, Vice President of
the United States; Hugh McCulloch,
Secretary of the United States Treas
ury; and Lew Wallace, a distinguish
ed soldier and author.
The New . York Life, during the
past century, haa..pj|oneered in a num
ber of important deVSlnpihents in tlie
life insurance business such as the
Introduction of non-forfeiture bene
fits in policies, Thsuring women at the
same premium rates as for men, in
suring substandard risks at an ad
vance In rate, publishing a compre
hensive annual report to pollcyhold-
^en, adopting a security-plan for ag
ents to. promote better service to pol
icyholders and reduce the turnover
agents, and providing an educational
Conveyance Records
Real estate conveyance records
filed with the register of deeds office
of Kershaw county in the past week
include the following; 2,931.5 aerts
by Mary Alolse Buckley to B. II.
Boyle, J. Hugh Ryan and 8. I. Wil
son; Stanley Babin and Doroles M.
Babin, bouse and lot on Fair street to
Alice L; Massabesn; Ous B^e«>4 to
Wlllia Mae Newman, house and lot;
Henry Savage, Jr., to H. C. Gardner,
property; Kershaw Lumber company,
house and lot, to W. R. Perry.
atsT^ tnursnn
Back in flintlock days, membera
of the U. S. marine corps wore
green coats, white waistcoats and
bull • colored trousers that disap
peared into leggings above t^
knees..
WILLIAM W. BATES
^ Special Afoot .
New York Life'Ineuranoe Co.
Realdenoe Phoae 2>1-J
Offlee Medleal Bldg. - PtioiM 44
Cofasr L)tttletofi and DsKalb tta.
program for the agents.
The growth and history of the Com
pany has paralleled the development
of the United States. 'Many of the
forty-niners who went to California
were insured in the New York Life,
but the overland trip across the Uni
ted States was so hazardous that,
prior ta I860; the only routes to the
gold regions sanction^ by the Com
pany were around Cape Horn or
across the Isthmus of Panama.
The Company had done business in
the South since organization and dur
ing the. Civil Whr it faced -the diffi
cult task of fulfilling its obligations
in the war-stricken areas. At one
time, in order to expedite the i>ay-
ment of death claims, correspondence
was carried through the lines under
a flag of truce. Following the Civil
War a number of Confederate leaders
were attached to the Company and
Joined its agency organisation.
Less than two years before the
Custer massacre, General Caster and
five fellow officers insured in the
New York Life. The Company paid
140,000 to their beneficiaries.
Seven former Presidents of the Uni
ted States were insured in the New
Yorir Ltfe^ur the time of thefr deaths.
President Garfield had paid the first
premium on a 128,000 policy only a
few months before his assassination
in 1881. Two former Presidents, Cal
vin Coolldge and Herbert Hoover,
served on the Company's Board of
Directors. Alfred B. Smith, former
Governor of,the State of New-York,
was a Director at the time of his
— paSy I
ring the past century the Com
pany has paid over six billion dollars
to policyholders' and beneficiaries. Of
this totW, four billion dollars was
paid to living policyholders and two
billion to the beneficiaries of those
who died. Insurance in force, as the
Company enters its second century,
exceeds 17.600,000,000 and is equal to
about 1220 for every family in the
United States.
APRIL 12,1845 |
APRIL 12,1945 I
For 100 years
New York Life Agents
__ . have Served
, ‘
TAinerican Families
April 12,1945 marks the Cm-
tennial Anniversary of the
New York life as a mutual
life insurance oom]>any.
Through the initiative of
New York Life Agcmta during
the past 100 yean, families
have been held together and
children educated. Mothen'
have been rdi^ed' oCunancial
worry. Men and women, in
the autumn yean of life, have
been able to enje^ a comfort
able retirement.
For he^nng ao many people
to provide for these and other
human needs. New York Life
Agents deserve high recogni
tion on this Anniversary.
Although people generally
appreciate the need for life in
surance, it it through the
Agents* efforts that their
dreami of family aecurity are
made to become a comforting
reality.
The New York Life Agent
who serves your crnmnunity
is well worth knowing. Have a
talk with him about your bfo
insurance problema.
New York Life is a Mutual
Ompany Founded in IMS.
HomeOflke: 51 Madison Ave.«
New York 10. N.Y.
NEW YORK LIFE
INSURANCE COMPANY]
PIOTXCTINCl TIEirAMILT-SKRTING TlX NATION
Qracs Episeepal Church
Maurice Clarke, D.D., Rector
Holy communion at 8 a. m.
Church Bchool at 10 a. m.
Morning prayer and sermon by tire
rector at 11; 15. >
Young people’s meeting at 7 p. m.
First Baptist Church
J. B. Caaton, Pastor.
M. M. Rabon, Associate Pastor
Church school at 10 a. m.
Morning worahip at 11:16 a. m.
B. T. U. at 7:16 p. m, '
Evening worship at 8:30 p. m.
Prayer service Wednesday, at 8:10
p. m.
The public is extended a cordial te-
vltatlon to attend each of the aarCUee.
Low Flying Will
Be Necessary In
Training Program
The P-47 pilot training class, which
is to begin at Shaw field, will neceesi-
tate a certain amount of low flying,
according to Lt. Col. Prank Hill,
deputy commander at Shaw.
Shaw field officials have used ex
treme care in designating as the low-
fliring areas the least populated loeall-
ties and that no low flying would be
done oyer shJ of the surrounding ei-
tles or* heavily populated rural areas
Officials have asked the iildulgeuce
of any persons annoyed by low flying
and explain that the low-l;vel (lying
should In no way be construed as
stnnting. but rather as an initial
phase of the future combat pilot’s
training.
'Ounden-Born Biuruch
Ghrea Whmie Bruahoff
(Continued from first page)
paper reporter, "to they won’t resort
to war again. Also we’ve got to see
that those subsidized slave-labor coun
tries do not again flood the world with
their cheap products, lowering the
standard of living in the United Na-
tlona."
Baruch predicted that there would
be such a wave of prosperity in the
United States itfter the war that none
of the service men overseas would
have to worry about a Job.
"No matter what la done tor the
next five or seven years,’’ he said,
"after the war ceases there will be
more work In the United States than
there will be minds or hands with
which to do it.
"What happens after those five or
seven years dependsj^n the peace the
big boys are preparing for us now."
Flower Show To Be
Held At Kershaw
The Kershew Garden Club will hold
their third successive annual flower
show on next 'Thursday, April 19.
'This exhibition is to be fn the audi
torium of the First Baptist church Of
Kershaw from 4 p. m. to 9 p. m.
The committee in charge invites
everyone to attend the show and en
ter flowers, these (lowers to be en
tered between the hours of 9 a. m.
and 12:30 p. m. the day of the show,-
Mrs. Elarl Perry is president of the
club and Mrs. John Brewer is general
chairman of the flower show.
Ink Stains
Any fresh Ink stain, unlitte the ink.
is of the “permanent” variety, will
respond to the “water bowl” treat
ment. Never, never use milk as an
ink remover 1 Milk kills the luster
on fabrics and runs the colors. If
water does not remove all traces
of ink from white'or fast-colored cot
tons or linens, use a bleach, as di
rected. For silks and woolens, apply
a few drops of peroxide to stain
while* cloth is stretched over bowL
Repeat treatment in stubborn cases.
Rinse with luke-warm water.
COMING ATTRACTIONS
Coenar Bread and Butledfe tta.
FR1DAY.5AT., April 13-14
**SAG£BRUSH HEROES**
Charles Starrett,' Dub Taylor and
CoBstanca Worth
- Chapter 6
*<Zorro*a BUck Wkip**
Also (Comedy
MON.-TUES., APRIL 16-17
'NOTHING BUT TiKXJBLE*
Stan Laurel and Oliver Hardy
And It’a Nothing But Fun For You!
Also Latest Newa
WED..THURS., April 18-19.
When Ho WhlsUss Someone Dies!
“POWER OF THE
WHISTLER**
'RICHARD DDE
Alao Final Chapter '
“BiMk Amrw**
Paramoont ,Newt *
War Bonds WiU Fimsh Them
Chiemfo Yerii JVsws SyndZeete, tme.
Lyttlston Street Methodist
Henry F. Collins, Pastor^
Church school at 10 A m.
Morning worship at 11:16 a m.
Betheada Preebyterian Church
Sunday. April 16—A. Douglas Mc-
Am, pastor. Church School at ten
A. M. Morning worship at eleven flfv
teen. Everyone invited.
mss w
(AMMUNmON
FOLKS.'
^ *>«AMATic
The Dramatic club
school sponsored a
day evening, AprU 9 iJ!?«
oonteet were offered bv^
store, MBelle Beauty
Drug store. Dr. c. c.
Dibble. (Catherine WliiSuII***'
GambelL •»!
The following students
In declamation: JamjT
Francena Boykin, Maw
oration the winners
vard, Catherine Blyt^"^
Jones. The Judges
son, Mary Smith, Alei
and Rev. W. R. Gregg.
FlaisliiBg PgcMti
Waya of flnishing
with the kind of materialJll,
If your goods is cotton or taSI
lightweight fabric, tum^*
edge of. the seam aUowa^*
facing about one-sixt^*
then, stitch. If your goods h]
or non-washablc, fin^ '
trimming off the seam
•nd stitching ribbon sea^
flat along the edge. Or i
stitch along ttie edge and i
STOCNER MOTOR COMPM
Yoar CHRYSLER-PLYMOITTH Deakr Since IS
The Home of CourteouSy Prompt and Efficient Service
GENERAL
AUTO
REPAIRS
FACTORY
_£NGlN£EBED.j
PARTS
New Replacement Motor Asseml^s—Factory Guai
Your Brakes Are Highly Important... You May Be Onh
FOOT FROM TROUBLE.
• mmbhbmbbhbhbbbbb
Visit Our Shop TODAY For A Check Up.
New Shipment of Prewar Grade Plaid Seat Covers Just Arrivm
128 E. DeKalb Street
Phone 57(
CHARLES H. STOGNER, Owner
Noticed
' ' . o
Due to the present labor shortage, and in order tW
our employees might have a day of rest, the undersigned
Service Stations in Camden will CLOSE X)N SUN!
until further notice is given....
CITY FILLING STATION
CENTRAL SERVICE STATTON
WATTS GULF STATION
SPEAKS OIL COMPANY
LANGFORD’S ESSO STATION
SHEBEEN’S TEXACO SERVld
C. E. WATTS STATION
DeKALB SERVICE STATinw
ANDERSON’S ESSO
l
AMOCO SERVICE STATION ‘
LANGSTON SERVICE STATION
CAROLINA MOTOR COMPANY
CAMDEN SERVICE STATinv