King's Business - 1923-03

An E x p l a n a t i o n A Recent Letter Contained Two Clippings from Advertisements which have recently appeared in The King’s Business, with this comment: “Please Explain Enclosed Papers” T h e clip p in g s read as fo llow s: “Annuities -What Are They?” “Opportunity spells " 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 y o u h a v e $ 1 .0 0 0 o r $ 10 ,0 0 0 w h ich y o u d e s ire to h a v e u se d fo r definite Christian work, b u t need the income from it fo r y o u r personal u se w h ile y o u live, w e w ill rec e iv e th e m o n e y , g iv ing y o u a c o n tra c t b o n d , o n w h ich we will pay you an agreed amount, e ith e r annually, semi-annually, o r quarterly, a s y o u w ish, th e r a te d e p e n d in g u p o n y o u r a g e a t th e tim e o f m a k in g th e c o n tra c t. w ould rece ive 1 0 p e r cent. M o n ey p laced w ith the B ib le In stitu te of L o s A n g eles, u n d e r th is p la n is both a n investm ent an d a g ift. Y o u avo id th e u n ce rta in ty attendant u p o n the execution of a w ill, and the expense of p ro b a tin g it. y Y o u a re assured th at y o u r m on ey w ill be used fo r the p u rp o se desired b y yo u . (See b a c k co ve r of th is m ag azin e fo r statem ent of d o ctrin e upon w h ich the Institute is fo unded.) Y o u h ave assured in com e fox* life up o n the am o unt invested. (T h e p ro p e rty of the Institute, w h ich is y o u r se cu rity, is w o rth over $2 ,0 0 0 ,0 0 0 , and is free of in cum b ran ce .) Jo in t co n tracts m ay be m ade b y husb and fend w ife, w ith a p ro visio n that the in com e w ill be received b y them as lo n g as eith e r o r both of them live . WRIT E FO R FURTHER PARTICULARS TO T . C . H O R T O N , S u p e r i n t e n d e n t , Bible In s t i tu te of Los Angeles A t A t A t A t A t A t A t A t A t 50 55 60 65 70 75 80 85 90 ye ars, years, ye ars, ye ars, years, ye ars, years, ye ars, years, yo u yo u yo u y o u yo u yo u yo u yo u yo u w ould rece ive w ould rece ive w ould receive w ould rece ive w ould rece ive w ould rece ive w ould rece ive w ould rece ive 6 p e r cent, 6 J /2 P e r cent, 7 . p e r cent, 7J/£ p e r cent, 8 •p e r cent, 8 J /2 P e r cent, 9 p e r cent, 9 J^ p e r cent,

Made with FlippingBook Online document