EAGLES OINbY 10 GENTS EACH
a Year to All.
6 Months 50c.
Letcher County, Kentucky, August 19, 1909.
SOUTHERN LIFE INSURANCE
& o Editorial From
August 8, J 909.
One prominent New York
striking illustration of this Pany twenty years ago had a
latter day tendency to curb sus- - little over SG.000.000 of asset?,
picion of enterprise and welcome Its statement showed assets in
Southern enterprise came recent-- 1 1908 of $230,000,000 and the y
with the announcement that sets have probably increased to
plans are under way for the or- - about a quarter of a billion dollars
Four prominent metro-anc- e
ganization of a great life insur- - today.
company for the South, with 'politan life insurance companies
It in 1908 had a total income of
headquarters in Kentucky.
is significant that the proposition $337,837,188.
been received by the many iness days for the year this means
as seriousli as it was launched that these, four companies alone
Twenty, pumped through the arteries of
hv the few sincerely.
ten or even five years ago the New York City's financial and
announcement would have met business system last year
seems to have been received with
a cordiality not unmixed with,
Men recognize in it
agency o f benefit for both
Kentucky and the South and con- sequcntly a personal friend.
moment the swaddling,
. r,'nnl nfFfhn Hit!,
zens National Life. Insurance Co.
organization which is to
have $5,000,000 of capital stock
and $5,000,000 of surplus-peo- ple
began to lift up their heads
and take notice. Since then it is
declared letters and telegrami
have poured in on the promoters
from every section of the South
That the interthe enterprise.
est has not been limited to merely verbose sentiment is demon-itrate- d
by the substantial financial support proffered with every
arrival of the mail.
wards of $1.12G,000 every day.
Indianapolis.whioh is only a little
over 100 miles from Louisville has
something like twenty life insur-a- n
ance companies and the business
in Indiana has been growing fast,
Ti,0 amount paid for lifeinsur-Th- e
ance premiums in Kentucky last
year was $7,275,822, and the
South is now paying out for life
insurance about sixty millions of
Kentucky should have a big
life insurance company.
the first Southern State to offer
to policyholders the guarantee of
a compulsory reserve deposit law.
The statute now in effect was
It proenacted Mar. 21, 190G.
vides that every domestic life
insurance company must deposit
with the State Treasurer for the
security and benefit of all its
policy holders an amount equal
to or greater than the ascertained
net cash value of all such comIt is
pany's policies in force.
worthy of note that the men who
fought for this law were the
managers of tho Citizens Life
Insurance Co. and tho same gentlemen who arc now promoting
the Citizens National Life.
The man who is even more
than a casual student of current
events is impressed when introduced to the magnitude of the
lifn insurance business in the
United States. Out of apparently
bewildering volumes of statistics
he can readily gain, however, a
conception dazzling in
and particularly useful
in an understandable contemplation of the real meaning to the
erritory south of the Mason and
ixn line'of the establishment
herein of the proposed Citizens
The plan in brief of tho Citizens National Life Insurance Co.
is first to merge it into the CitiAs
zens Life Insurance Co.
already indicated the same men
who during the past five years
have, made jfe insurance hjstory
through the exceptional develop
mcnt of tho latte.r company aie
ho guiding spirits p,f tho new
organization. The further purpose of the new company is to
fake over other companies of tho
outh and elsewhere which may
decide to discontinue business or
may find it more profitable to
consolidate with a company of
great strength. There seems to
bo nothing impracticable about
the plan, nor docs it appear wiiero
In 1873 tho total amount in to the policyholders and stockpolicies reported to tho New York holders of tho Citizens Life or
Insurance Department was $2,- - any other companies which may
This tot,al had in-- , be merged into tho new company,
pleased at tho end of 1908 to No doubt tho stockholders will
New York City's Bec to it that a thoroughly equit-lif- e
insurance assets aggregated i able arrangement is carried out
in 1908, $1,725,000,000. Hartford ,for the exchango of holdings in
Conn, has a populalioa of 80,000. iany existing company for stock
It had life insurance assets in 1908 in tho new corporation.
Montpelier.Vt. I pointed out to policy holders of
has a population of 7,000 and in the Citizens Life in particular
Saturday's Mass Convention;
The biggest crowd within the ver, John Adkins, W. H. Blair,
past twelve months camo to John Banks, R.B.Caudill.Gabricl
Not a I'lughes, Alex Ison, Elijah Ison,
creek or branch in the entire Jordan A. Holcomb. F.M.Boggs.
county was unrepresented. There ,A1I these retired to a room and
were Democrats and Republicans in about an hour reported resoluand Independents.
There were tions and presented the following
candidates and candidates and ticket to be groupod and placed
The Eagle had under some device suited to
tooted and tooted the purpose of I themselves:
the gathering and they camo.
About the hour of 1 o'clock a
Dr. J. D. Fitzpatrick
seized the rope and the
Circuit Court Clerk
big bell in tho Courthouse utWilson C. Mullins
tered a few plaintive bangs and
before you could say 'scat"
there was not an inch of stand
ing room in the big court room.
Harrison Banks ,
All was breathless and expectant.
Hon. Ben Caudill, Chairman of
L. Dow Collins
tho Democratic County Committee, called the vast assemblage to
No candidates were nanjed for
order and Justice Tom A. Dixon the other county offices.
was elected temporary chairman. the furor and noise then going
Attorney David Hay? in a few uii in wiu fuuiii uiiiuiiun viia carwell chosqn words cxpiaincd the ried to indorse the candidate's
purpose of the meeting.
It was named and the big gathering
decided to name two committee- was soon out on the street in-- , all
men, a Democrat and a Republi- kinds of humor, some glad, some
can, from each of tho eight vot- sad, some mtl and some whating precincts ot the' county and not. What the prospective re
they to select the various candi- sult of the work of the day will
Chairman Dixon read be this deponent saycth not. ' ,',
read aloud the names of tho men
selected to serve on this commitFor tho benefit of our readers
tee as follows: D.W.Webb,
n wo give the names of tho Repub-ca- n
Franklin, Sam Caudill, Elisha
nominees for county and disCollins, N.R.Craft, Marion Tolli- - trict offices:
dollars of life insurance.
,s stupendous, yet it is
pany when seeking life insur. amount
cent, of the
Thus the new ,only about 3 per
company will not only secure total nmount of inwranco
in tho Un,tcd Slates'
business from those who are
tent to buy insurance from a "The big banks of the North
small company but to those who and East have been built up
want to purchase very large or 'largely by lifo nsuranco money
even small policies and demand with the South all these years
the freight, as it were,
great financial strength it will
stand tho severest test.
But' and tho banks 'themselves have
there is a deep interest and sig- - in turn been a powerful factor in
nificanco to the general public in tho commercial .development of
the organization of a ten million lhe Nortn and East.
out enough money m
dollar insurance company in the South
South and an added local interest, Premiums for life insurance to
when it is considered that Ken- - build up some of the strongest
tucky will be the home office of j hanks in the world in the South."
The business associates and
the company. Mr.W.II.Gregory,
president of the Citizens Lifo the friends of Mr. Gregory, Mr.
and one of the guiding geniuses Helm Bruce, Mr. Charles D,
in the advancement of the new Pcarce and tho other gentlemen
company, has in a recent letter who are striving industriously
to the policy holders ol his own for the success of this great en
company called particular atten- terprise have confidence in their
tion to what might be styled the ability to carry it out. Kentucky
Southern phase of the situation. will apparently have every good
The points cannot be well stated reason to pride herself on being
more clearly, and we quote from able to furnish the home for tho
company. But greatest good will
to the largest number of
"The tremendous power gained,
by Southern people in the organ- - People of tho South being able to
ization of this company is the lay l'"ud claim to one more great
check it will put on the flow of and powerful institution.dcstincd
millions of dollars annually in to go through generations to
life insurance premiums from the come as a monument erected to
There is no better emblem that Eagle, Whitesburg, Ky.,
South to the North and East. I Southland development and
could be devised to guide the
Enclosed please find one dollar
confidently that this willltRrPrise.
destiny of any piper than the one
for which please send mo your
be one of the greatest things)
so elegantly porched upon
valuable paper for the ensuing
ever done linanciaiiy lor me
the paper that is printed in the year.
Hope that you arc meet'
town of Whitesburg.
She soars ing
with the greatest success
"The South is coming to, the
where she can be seen and is with your publication.
front. It is making more prog- To Whom it May Concern:
always ready to comfort the
I will be in Whitesburgtotake home of anyone, let it bo ever so
ress than any other section of
J. E. Lyiiranu,
Southern people photographs on the third Satur- humble. She is a common bird
I guarantco my amid a common habituation.
have been awakened to the great day in August.
I Indianapolis, Ind.
uowcr they have once they band pictures to bo better than those earnestly hope she will never
Take other lines of made by any artist in the county. loso her prestige but that her
business tho cotton mills for Here are some of my prices:
limit of circulation will be indefi
C for $ .75 nite.
The South once sent 31x11
My ambition i3 to do all I
.50 can for tho uplifting of tlq bird
its cotton to New England. There 24x21
0 for 1.25 that she may sta.nd second to
it was manufactured and sent.4Jx0J
1 sowed five bushels
back and sold at a goodly
Gfor 1.50 npne in tho country.
wheat in rich cove land on sunny
3 for L00
The South paid tho freight to 5x7
i side of hill, fair to morning sun.
New England on the raw mater
Cajl at thp Eagle office and sec Bed Fox, Ky.
It turned out 120 dozen and will
hack pn he samples. lie ready to have all
ial, paid the freight
thrash out about CO bushels. It
finished product "and paid tho your work done at tho above
cost mo about $7 to get it in the
manufacturer in Now England a time.
shock and I think it is worth $65
profit on the goods handled and
1 K.N It Y TOLL1VER.
now. s aim to sow ten bushels
capital invested, to say nothing Horn, Ky.
this fall and will sell the rest to
of the millions and millions, of
Uncle Tom Hagnns is sick
people who want to sow as re as
dollars left there to, pay Northern
Noah Jent is very busy in the onablc as possible.
I am well
labor, Hut it is changing the
pleased with the crop just har
ojrder of things,
Tho capital of
Jordan Fipps is working on the vested.
twentyone millions once invested
W. E. Wright.
in cotton mills in the South has
Thursday morning last just as
in recent years increased to 300 tho Whitesburg baseball team
Jim Back is progressing nicely Baker, Ky.
millions. The people of tho South iifio irttitlrnr rnndt tr cfnrf tn with his new residence.
atone time did not appreciate ,Iazar(1 on the ncxt morninf, Riley Smith passed here on his
The Secret of Long Life
just what the cotton crop amount-- 1 word can)c by )hono am by lut, way to Whitesburg,
1 daresay soma do
cd to, and
A French scientist lias discovered one
not; ter lhat at ,)rescnt , laMrd was
yctanpreciatejustwhatitmcans. unabl(J to pIay ourboys. Several
' long life. His method deal
Green Adams and Mary Ann
with thu blood. Hut ong ago million!
Some probab y do not know that
bafyQWn; wero. Combs passed going to Letcher of Americana had proved Electric Hit
n3 for the
every panic this country haa
tera prolongs life and matte it worth
and a8 wo U)ink our boya to get married.
penenced in. years, has hconj woul(J hav(J bcaten tho Vc(r;itca
living. It purifies, enriches and vitalcot-- 1
izes tho blood, rebuilds wasted nerve
checked and stopped by the
are sorry lho gamo wa3 pul
cells, imparts life and tone U the en
ton crop. The people who raise o(L
No (!3a tban g hun(rC( of
Any. intelligent person may tire system; Its a godsend to weak,
cotton are a power.
Ana iney ,our citizens woul( have atlende,i
sick and debilitated people.
beginning to realize it. And, the gamo and of course were earn a good income correspond- (roubles had blighted my life for
experience' months" writes UM. Sherman, of Cush
ing for newspapers;
likewise, Southern people are disappointed.
Send stamp for.
Me. "but Electric Hitters cured
beginning to realize their power
in the insurance world.
Whitetburg Drug Co.
N. Y. V'J'
"The thing we wish to accora- - KAdU: fl A YEAJt IN ADVANCE Syndicate,
he'East in particular has until
most recent year? enjoyed what
almost be described as a
of the life insurance
Vhile Easterners have
drawn with tremendous profit to
themselves tho money from
Southern policy holders, they
must also be credited with possessing increasing faith in life
1008 had life insurance assets of and the same conditions must plish now is to have a company
These figurcs.how-th- e apply to the policyholders of any strong enough to take care of the
$ 1 1,000,000.
ever, do not convey their full other company merged into the immense volume of business in
You can appreciate
significancc until contrasted with big company that thecontolida-tio- n the South.
will mean to them insurance just what that means.
Louisville's aggregate life insurance assets in 1908 of about in one of the strangest companies time the Citizens Life was organ$2,000,000 with a population of in tho country, and for that mat- ized the Southern life insurance
companies ,hatL practically no
ter in the world.
There are purchasers of life business on their books. You
There is no end to the evidence
that life insurance business is insurance who do not care par- may be surprised,
ticularly for a big company. when I tell you that the Southern
profitable for a community. We
companies today are carrying
are wont to turn t0 New Yotk Some on the other hand will in,
tudy thin g nnancial. sure in no other kind, but no one, nearly oncthird of a billion of
From timo to time there comes
along a substantial testimonial of
South's financial progress.
Development is a word constantly increasing in usage in our voOpportunities
were once permitted to come and
go unheeded arc now caught and
nailed down. Languid indifference more frequently than for
merly gets a jolt from aggres- siveness and the Southern busi- ncss world profits as a result of
It is well to bear in mind that
Likes the Bird.
for Circuit Court Clerk
For County Attorney,.
R. Monroe Fields-fo- r
County Judge, ,.
Henry R. Yonts ,
County Court Clerk
R. B. Bchtley
Louis Cook1 ' '
Superintendent of Schools
Henry C. Dixon
George M. Adams
J. H. Blair, Jr. '
L. D. Lewis
The folfowing were candidates
before tho convention Saturday
nnd we presume aro still befdro
the people to be votod for at; the
November election 1909:
Chas. L. Collins
David C. Brown
John A. Craft'
Didn't Get Off
The storko dropped a fine boy
Marshall, tho little son of ,W.
Hampton, is ill of typljoid.
Mrs.J.D.Stamper and children
returned to Texas after a vjsit
to relatives here.
at Ben Mclntirc's.
Green Adams of this plaoo arid
Mrs. Mary A. Combs, of. KnO,tt,
were married recently.
Mrs. Fcss Whitakcr, M Big
Springs, Tex., is visiting; her
parents, Mr. and Mrs. Jeff Ison.
Farmers arc sitting back. and
dreaming, dreaming dreams, gnjl
ihey are most
all going to sow wheat.
Revolts at Cold Steel
"Your only hope" said, three doctors
to Mrs.M.E.Fisher, Detroit' Mich, suffering from severe rectal trouble "lies
in an operation, then I used Dr. King's
New Life Pills" he. writes ."till wholly
They prevent appendicitis,
cure constipation, headache.
25 at Whitesburg Drug Co.
The general public will please
take notice that on Aug.
1909, memorial services .for the
late Isaac Huff will bo held., The
ceremony is to bq conducted, at
the residence of his widow op
Poor Fork of Cumberland, in
Elds. Chas, Blair, of Ypweil,,
John Creech, of Larue, and several others. Everybody invited,
Jas. J. Huff,.