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Article MASONIC LIFE ASSOCIATION* ← Page 2 of 3 →
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Masonic Life Association*
been taken up by many other sincere and generous Masons , whose liberality and exertions m the cause deserve the highest praise Yet while we boast the generosity and perseverance of some , it cannot be denied , that t . iere has long existed an apath y amongst others , arisina ; partl y from ignorance of the beneficial effects of the Charities , which all the exertions of our Illustrious M . AV . G . M . and the Stewards of past years have been unable to overcomeand which has hitherto
, prevented our Chanties from assuming that high and therefore truly useful position m society , whichthe noble princi ples and vast latent resources of tne institution ought to have procured for them . It is pleasing , nevertheless , to observe that within the last few years tins apathy is fast passing away , and that a spirit is now aroused for rnakmg the Society more worthy the title it bears , that of being the most Charitable of all Institutions .
It should not , however , be forgotten that A'oluntary Subscriptions are not the only means applicable to this purpose ; the example of many other societies teaches us that much good may be done b y men associating themselves together m undertakings which , in a pecuniary point of view may be both profitable to themselves and productive of the greatest benefit to the Order . °
Let this splendid example of the benefit of co-operation be our iruide and while we spare no pains to continue and increase the Funds of our Chanties by the methods at present adopted , let us avail ourselves of those legitimate resources which have , hitherto , been unproductive only because they have been untried . J „ f ? v T necessary f P resent day to expatiate upon the importance 1 Cejte benefitanslng t 0 the Assm and Assured
111 t T ,-, ? ' ers , are well known , for while a prudent and economical management , and a careful selection of risks , affords the former a certain return for their rffh e i « f V 6 IT f Ct L ° f suc V eSu 3 t furnishes the Assured the best pledge rn JnT S" £ "T the condltlons re ( l » -ed of them on the commencement of their Assurance . AVith this view and a similar prospect of success , a few zealous Masons have originated the idea of establishing in the Fraternity , an As ' ociation foi the Insurance of Lives Annuities
, granting , and Purchase of Reversions , in the same manner as other establishments of a like nature I he CapitalI is proposed to be raised by Shares , and to be totally unconnected with the Masonic Funds , except in the important feature that a proportionate part of the profits shall be devoted to the Masonic Charities thus giving to Freemasonry the benefit of its success and securing it from all loss m case of failure , which may be readily effected by the appointment of Trustees for the Charities t / be allowed seats a the Board and votes as Honorary Directors , without incurring any responsibility as members of the Association . """ ring any
The distribution of the proportionate part of the Charity Funds to be under the control of the Grand Lodge . y In arranging the detail of the plan , the promoters are anxious to consult the feelings and experience of the older and more influential members of the Craft , but they trust they have { riven sufficient rirnrtf that an Institution of the nature ' proposed , combifing prTf £ heC pnetors with a great annual increase to the Masonic Funds ca . no / fail of meeting with approbation from all Masons , and the succesl which rvery well-directed effort in the cause of charity deserve *
Note: This text has been automatically extracted via Optical Character Recognition (OCR) software.
Masonic Life Association*
been taken up by many other sincere and generous Masons , whose liberality and exertions m the cause deserve the highest praise Yet while we boast the generosity and perseverance of some , it cannot be denied , that t . iere has long existed an apath y amongst others , arisina ; partl y from ignorance of the beneficial effects of the Charities , which all the exertions of our Illustrious M . AV . G . M . and the Stewards of past years have been unable to overcomeand which has hitherto
, prevented our Chanties from assuming that high and therefore truly useful position m society , whichthe noble princi ples and vast latent resources of tne institution ought to have procured for them . It is pleasing , nevertheless , to observe that within the last few years tins apathy is fast passing away , and that a spirit is now aroused for rnakmg the Society more worthy the title it bears , that of being the most Charitable of all Institutions .
It should not , however , be forgotten that A'oluntary Subscriptions are not the only means applicable to this purpose ; the example of many other societies teaches us that much good may be done b y men associating themselves together m undertakings which , in a pecuniary point of view may be both profitable to themselves and productive of the greatest benefit to the Order . °
Let this splendid example of the benefit of co-operation be our iruide and while we spare no pains to continue and increase the Funds of our Chanties by the methods at present adopted , let us avail ourselves of those legitimate resources which have , hitherto , been unproductive only because they have been untried . J „ f ? v T necessary f P resent day to expatiate upon the importance 1 Cejte benefitanslng t 0 the Assm and Assured
111 t T ,-, ? ' ers , are well known , for while a prudent and economical management , and a careful selection of risks , affords the former a certain return for their rffh e i « f V 6 IT f Ct L ° f suc V eSu 3 t furnishes the Assured the best pledge rn JnT S" £ "T the condltlons re ( l » -ed of them on the commencement of their Assurance . AVith this view and a similar prospect of success , a few zealous Masons have originated the idea of establishing in the Fraternity , an As ' ociation foi the Insurance of Lives Annuities
, granting , and Purchase of Reversions , in the same manner as other establishments of a like nature I he CapitalI is proposed to be raised by Shares , and to be totally unconnected with the Masonic Funds , except in the important feature that a proportionate part of the profits shall be devoted to the Masonic Charities thus giving to Freemasonry the benefit of its success and securing it from all loss m case of failure , which may be readily effected by the appointment of Trustees for the Charities t / be allowed seats a the Board and votes as Honorary Directors , without incurring any responsibility as members of the Association . """ ring any
The distribution of the proportionate part of the Charity Funds to be under the control of the Grand Lodge . y In arranging the detail of the plan , the promoters are anxious to consult the feelings and experience of the older and more influential members of the Craft , but they trust they have { riven sufficient rirnrtf that an Institution of the nature ' proposed , combifing prTf £ heC pnetors with a great annual increase to the Masonic Funds ca . no / fail of meeting with approbation from all Masons , and the succesl which rvery well-directed effort in the cause of charity deserve *