1866.] 
AMERICAN AGRICULTURIST. 
155 
THE CHARTER OAK LIFE IMSURAMCE COMPANY, of HARTFORB, COMM 
Assets, January 1st, 1§6S. 
Loans on Bond and Mortgage of Real Es¬ 
tate.$237,137 73 
U. S. Bonds. 91,103 63 
State Bonds. 69,110 00 
Cash in Bank and on hand... 23,468 41 
Bank Stocks.; • .171,500 00 
Town and City Bonds and Securities, ap¬ 
proved by State Comptroller of Conn..237,8.50 00 
Accrued Interest. 38,.559 56 
Deferred Premiums... ... 59,501 48 
Premiums due from Agents, chiefly for 
month of Dec.133,630 89 
Bills Receivable for Premiums. 13,639 18 
Loans on first-class Securities. 34,173 39 
Premium Notes on Policies in force... .504,883 48 
Personal property and U. S. Stamps- 7,506 10 
$1,585,051 84 
©facers. 
JAMES C. WALKLEY,..... .Presibent. 
NOYES S. PALMER,.. .Vice President 
SAMUEL H. WHITE. Secretary 
S. J. BESTOR,. Ass’t Secret.vrt. 
H. M. PALMER,.Supt. op Agencies. 
S. B. BERESFORD, M. D., Consulting Physician. 
THE CHARTER OAK CO., Guarantees 
Annual dividends of 25 to 30 per cent. 
NO OTHER COMPANY DOES THIS. 
i. -:- 
Tlie Charter Oak L.ife Ins. Co. 
Conimenced business in October, 1850, and has 
been remarkably successful. It has issued over 
19,000 policies, covering insurances to the amount 
of over $40,000,000. It has paid losses to the fam¬ 
ilies of about 500 of its policy-holders, and in tlie 
amount of $1,000,000, and in no instance has a claim 
been litigated. The editor of “ The Insurance Moni¬ 
tor and Wall-St. Review,” says in the January, 
1866, issue of that Journal, in regard to the losses 
paid by this company : 
“ And all this has been done freely, without de¬ 
lay or the litigation of a single claim by the company. 
No orphan, no widow has thereby had her sensibil¬ 
ity wounded afresh, or poignancy added to her 
sorrow by being compelled to dispute and wrangle 
for her rights. 
“ This conduct does honor to the heart and speaks 
volumes in favor of the liberal policy of the offleers 
of the “ Charter Oak.” They could not h.ave adopt¬ 
ed a better or wiser course. What man is there 
who would not prefer to invest his savings in such 
a company as theirs, which, he is assured, will put 
his heirs to no needless trouble or expense, and 
scorn to avail itself of any quibble in order to evade 
the payment of the fruit of his hard earnings to 
those he may leave otherwise unprovided for, and 
desolate.” 
- — I !!■ ■ ■■■ -- 
Extraordinary Security 
Is oflfered by the Charter Oak Co , as its well-invest¬ 
ed capital of $300,000, is pledged to the insured, in 
case of unusual mortality or other causes, produc¬ 
ing severe losses. The Stockholders and Directors 
thus have a great interest in the proper manage¬ 
ment of the compan)', while the insured have all 
the benefits of a solely mutual company, being en¬ 
titled to all the profits of the “ With Profits,” (or 
Muiual) Department, while the Stockholders can 
only receive eight per cent, dividends on the cap¬ 
ital stock. 
Tlie Annual Bividend Plan, 
WHICH ORIGINATED WITH THE CHARTER OAK 
CO., IS the great popular feature of Life Insur¬ 
ance at the present time. By this plan the insured 
receives a Dividend at the second payment of 
premium, while in most Comp.anies no dividends 
are paid until the fifth premium is due. The 
Charter O.ak Co. has already paid two dividends 
upon the annual plan, viz: those of April 1st, 1864, I 
The following are the Agents for the princip.al 
eities not mentioned in the General Agents list : 
J. T. POMPILLY, Agent for New' York, office 
151 Broadway. 
ARTHUR MERRILL, Agent for Boston, ofiice 
37 State-st. 
S. W. T. HOPPER, Agent for Baltimore, office 69 
Second-st. 
HILLIARD BROTHERS, Agents for Phila., office 
419 Walnut-st. 
■-I ra .- 
THE CHARTER 0.4K LIFE INSURANCE CO., 
ORIGINATED THE SYSTEM OF ANNUAL DIVIDENDS 
to the insured, and has already paid two dividends up¬ 
on that plan. 
No other Life Insurance Company has yet paid 
LIKE DIVIDENDS. But it is the only Just course to the 
assured. 
and 1865. In connection with this system, this 
Company has combined the Tri-ennial dividend 
plan, by which every three years the accumulated 
surplus is distributed to the insured. At the time 
of the declaration of the tri ennial dividend, a much 
larger distribution of surplus is made, than could 
be prudently made annually. Those who insure at 
any time before the 31s< of 3Iarch, 1867, will par¬ 
ticipate in the Tri-ennial Dividend of April 1st, 1867 / 
--^- 
lEisure Til is A'car, 
and at the second payment of premium, you will 
receive the largest Dividend ever yet paid by any Life 
Insurance Co., to those insured for a single year. The 
success of The Charter Oak Co., and its excellent 
eondition, warrant this statement. Other com¬ 
panies h.ave promised to pay annual dividends, and 
doubtless will ere long, but the charter o.ak 
IS THE ONLY COMPANY WHICH HAS PAID SUCH DIVI¬ 
DENDS. 
------ 
The State ltei>ort§, 
which are made annually to the Insurance Commis¬ 
sioners of New York and Massachusetts, show that 
in all the features, which constitute a safe, and every 
way excellent Life Insurance Co., the Charter Oak 
stands hi the first rank, and the public are most 
cheerfully referred to those standard reports, for 
proof of the assertions herein made. 
The Tables of Mates, 
adopted by this Company, are upon the several 
plans now in use, and are as low as is consistent 
with prudent man,agement. Among the tables are 
the following. For Policies payable at death. 
Premiums payable .annually during life. Premiums 
payable annually for ten years, (no payments re- 
quired'after ten years.) For Policies payable on 
ARRIVING AT A CERTAIN AGE, OR SOONER IN CASE OF 
DEATH BEFORE THAT AGE IS ATTAINED. Premiums 
payable annually, during the continuance of the 
Policy. Premiums payable annually for ten years. 
These are the chief tables, but others are given in 
the books of the Company. 
Jiife iBisiavasice is an Investment, 
of the safest and most profitable description. The 
man who holds a Life Insumnce Policy for $5000, 
has just as good property to leave to his family, as 
he who owns stocks or land of equal amount, for it 
is an absolute representative of eash due at a fixed 
The ©eneral Agents 
of this Company are comprised in the following list: 
A. M. WARD, General Agent for State of New 
York. Utica, N. Y. 
N. B. STEVENS, General Agent for Connecticut, 
Rhode Island, and Western Massachusetts. Hart¬ 
ford, Conn. 
J. W. GODFREY & BRO., General Agents for 
Missouri and Indiana. St. Louis, Mo. 
WM. II. WELLS, General Agent for Illinois. 
Chicago, Ill. 
J. M. SCOFIELD, General Agent for Mass., East 
of Conn. River. Worcester, Mass. 
H. P. COON, General Agent for California. San 
Francisco, Cal. 
HAYDEN & DOUGLAS, General Agents for 
Ohio. Cincinnati, O. 
SPRAGUE & TREDWAY, General Agents for 
Wisconsin and Iowa. Madison, Wis. 
LON WESTON, General Agent for N. Hampshire 
and Vermont. Concord, N. H. 
S. H. McALPINE, General Agent for Maine. 
Portland, Me. 
L. N. CLARK, General Agent for Michigan. De¬ 
troit, Mich. 
E. H. BERRY, General Agent for Minnesota. St. 
Paul, Min. 
F. E. GOODELL, General Agent for Western 
Pennsylvania. Pittsburg, Penn. 
E. H. BLAIR, General Agent for E.astern Penn¬ 
sylvania. Reading, Penn. 
time, or at the death of the person insured by it. 
The safety of Life Insurance Companies is too 
well known to require any proof. It is enough to 
s.ay they are safest financial institutions in the world. 
As a Profitable Irn’cstisieiit, 
Life Insurance presents many advantages. It is 
certain to return the amount of premiums paid with 
a good rate of interest, even to those w'ho live to a 
good old age, while to those who fall short of the 
“ term of expectation,” there is a very large gain 
above premiums and interest thereon. 
To Persons hai'ing: Small Incomes, 
which leave some surplus, but not enough to use 
in profitable investments. Life Insurance affords a 
most valuable aid. A man thirty-two years of age, 
who can lay aside but a little over fifty dollars a 
year, can make sure of $4,000 as a legacy to his 
family, or of about the same amount for his own 
use on arriving at the age of sixty-five years. A 
Life Insurance Co., which will not require more 
than fifty dollars cash for premium of such policies 
as above named, will make investments of the 
same for the insured, and ensure him good returns. 
-»_ -- - -- 
Ijife Insurance is Valnablo to All. 
Large numbers of the “merchant princes” of 
our large cities have effected insurances of consider¬ 
able amounts for their families, for they are well 
aware that their wealth, whicli depends so much 
upon their own continuance in life and health, and 
upon absence of financial panics, is not unlikely to 
be swept away in time of pestilence, or crises like 
those of 1837 or 1857. In such cases the avails of 
Life Insurance Policies would become the entire 
dependence of families unused to labor. Tens of 
thousands of all classes among the sober and pru¬ 
dent have become Policy holders in the Life Insur¬ 
ance companies, whose annual receipts and gross 
assets, rival those of the Fire Insurance companies 
of the country. The time is rapidly approaching 
when neglect to insure one's life, will be deemed ample 
proof of the lack of ordinary prudence. 
luformatioii, 
concerning this company, it plans, rates, etc., may 
be obtained by addressing any of the agents named 
in the above lists. The general agents of the Com¬ 
pany will also receive applications for local or 
traveling agencies in their respective localities. 
Men of good address and character are wainted for 
such positions in all the States named in the General 
Agent’s list, and such will find The Charter Oak Co. 
a most desirable one for which to work. 
