office of continental life insurance co., of hartford, conn.
hartford, 6/15 1881.
Samℓ L. Clemens Esq
Hartford, Ct—
dear sir:
we would respectfully urge upon you the propriety and necessity of paying the accrued interest upon the notes given by you in adjustment of the premiums under your policy in this company.
the company have not, during the past few years,—mostly years of depression and therefore to many of difficulty,—pressed their policy-holders for the payment of their over-due interest obligations. now that general prosperity has returned and continued, it is but just that the company should require the payment of the interest due them.
it is an open question whether, in most cases, the neglect to make such payment does not forfeit the policy, and there is no longer any reason why further neglect should not work its legitimate result. certainly every policy-holder can see that the payment by a part of the policy-holders and its neglect by the others is not equity. your prompt attention to this matter will be to your benefit. we append a statement of the arrears of interest expecting an early remittance.
very respectfully,
robert e. beecher, sec’y.
no. 11439
am't insured $1.000.notes outstanding, $335.
interest accruedNov 81880$ 264.93
Deferred 7 mo$ 9.27
_______
total interest dueJune 81881;$274.20
[on the verso:]
Branford July 2/81.
Mr. Perkins—
Dr Sir—
I thought that this ridiculous attempt at a swindle was given up, some 3 or 4 years [ago. Didn’t] you understand it so?
Yrs
S L C
Textual Commentary
Source text(s):Previous publication:
MicroPUL, reel 2.
Provenance:
See Perkins Collection in Description of Provenance.
Emendations and textual notes:
ago. Didn’t • ~.— | ~
