Certificate of Membership. Catholic Mutual Beneficial Association of The Archdiocese of San Fransicso

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Certificate of Membership. Catholic Mutual Beneficial Association of The Archdiocese of San Fransicso

Catholic Mutual Beneficial Association of The Archdiocese of San Fransisco. Executed Certificate of Membership. San Francisco, June 30, 1881. Issued to John Dempsey of Smartsville, Yuba County Ca. Signed by J.B. Mc Nally, President, and attested to by Edward Gilson, Secretary. Certificate numbered 2621. Printed on gold colored paper. 7 3/4 X 9 inches. The Catholic Mutual Benefit Association of The Archdiocese of San Francisco was founded on February 1, 1880. Its basic premise was that upon the death of one of its members, that member's designated beneficiary was to receive an amount of money equal to one dollar for every member of the association, up to $2,000. The association ended in 1890. During its short time in existence, it enrolled over 2,600 members and paid out $250,000 in benefits. It became insolvent when "death assessments" on members got to be 3 to 4 assessments per month. Copy has been folded. Very nice copy.. Book. Book Condition: Collectible-Fine. Binding: No Binding

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