ABSTRACT

According to the constitution of Friendly Societies, their Funds arise, in general, from a sum of money paid by each member upon his admission, as entry money; and an annual contribution for life, or at least during health, of a smaller sum paid weekly, monthly, or quarterly. In all Friendly Societies, the time of admission it limited within a certain age of life. In most societies this is the case still; but in several of those more recently established, although the age is limited, the entry-money increase with the age of the entrant; the annual contribution, however, remaining the same for all. In some societies, an annuity is paid to the widows of members; and in others, an allowance is made for the funerals of their children under a certain age.