An Explanation A Recent Letter Contained Two Clippings from Advertisements which have recently appeared in The King's Business, with this comment: "Please Explain Enclosed Papers" The clippings read as follows: "Annuities- What Are They?" "Opportunity spells Obligation" This inquiry has suggested to us that no doubt many more of our readers would like to have an explanation, which we gladly give herewith: If you have $ 1,000 or $ 10,000 which you desire to h ave used for definite Christian work, but need the income from it for your personal use while you live, we will receive the money, giving you a contract bond, on which we will pay you an agreed amount, either annually, semi-ann ually, or quarterly, as you wish, the rate depending upon your age at the time of making the contract. At 50 years, you would receive 6 per cent. At SS year.s, you would receive 6Vz per cent. At 60 years, you would receive 7 per cent. At 65 years, you would receive 7 Vz per cent. At 70 years, you would receive 8 per cent. At 75 years, you would receive 8Vz per cent. At 80 years, you would receive 9 per cent. At 85 years, you would receive 9Yi per cent. At 90 years, you would receive I0 per cent. Money p laced with the Bible Institute of Los Angeles, under this plan is both an investment and a gift. You avoid the un certainty attendant upon th e execution of a will, and the expe nse of p r oba ting it. You ar e assured that your mon ey will be u sed for the purpose desir ed by you. (See back cover of this magazin e for statement of doctrine upon w h ich the Institute is founded.) You h ave assured income for' life upon th e amount invested. (Th e property of th e Institute, which is your secu rity, is worth over $2,000,000, and is free of incumbrance.) Joint contracts m ay be made by husband and w ife, with a provision that the incom e will be received by them as long as either or both of th e m live. WRITE FOR FURTHER PARTICULARS TO T. C . HORTON , Superintendent , Bible Institute of Los Angeles
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