Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1805-12-20
T5EsDArs
ssss f0nr Dollars Per Aununi.:: paid in advance.
NOTICE.

NOTICE.
HE Members of the Mutual
\ sAssurance Society, against FIRE on build,
nSs OF me State of Virginia, are hereby reo,,est
, 81 70 at'ead their asnua General Meeting TO be
ne'n on the hrst MOCHA IN January next. wh;c,
's the. SIXTH day of the said Month
Any Mrrnber which doth NOT attend. AT the
sa'a Meen'ig. IN Person Or by PROXY auly author
ised' viii he represented by the member of the
olGe Legislature, of the County, or the senator
" sne Dlstnet. wherein such absentee resides.
w, r. ASr. Principal 4sent " 4 S.
kichmond. Nov.25. 1905 wa
TOE Printers in t6;, Staf, nv. ., -.
SER fee ddoce once speek for tauy vpeefs.
CONN uNIckrIoN.
It il WIKI singular pleasdre. have the salts.
ta<ison to snnpdnce TO the Membrrs of the said
society IN patticdar, and the public at large. that
the Mutual ipsufance IL in iiourishine situation
--Few losses have. within these twenty months
passed, happcnes. The losses in tbe towns
(sinee the IRE ia Norfolk in February 1904, do
not amount TO 1000 dollars Declaration, Come
IN from all directions, in vast numbers; SO that.
i've OF as, can hardly keep up wi-h them in re.
eorctng, issuing policies, &c The principles of
me INSTITUTION begin to be better UNDERGRADUATE
All the house owners in this srate. would he 40
--~e~''taft,-
no question but every one would insure. when
we should come to the inrended and desirable
ena OF a general lnsurance--to which VIC are 90.
Ing on rapidly now-when the contribution of
each viii be mere trihe: therefore every good
citizen ought, and, il is hoped will, lend ar, as
sisting hand 10 obtain it. The prejudice, and in.
uigues which have hitherto been carried on. 70
impede rs more rapid progress will subside. On
examination II will be found thar the laws are
Just-if there are defeets the people themselves
can amend them--Ths new rates ofhazard are
now SO hNed to equaize the premiuns. as nigh
as possible. agreeable to the risks-houses in tn..
large towns, and particularly those sit,lated 10
large ranges of wooden houses pay considerably
msre--and those great risks, such as those ssus
teo on wharves, where vessels are built and re-
paired, and where large Quantities of combus,i.
o'es such as tar. pitch, &c are lodged. and o,hcr
great hazards are, so 10 say, excluded by either
The rejection of the Insurance entirely, or the
high premiums they have to pay so that in fu
tuse. we hardly ever can have such heavy slams,
IS heretofore besides thar, by the increase of
new assurances, the half quo as, and tho add;
fional premiums, which a number, in the large
towns, have TO pay, the town funds will be bet.
ter than ever--The bnildings situated in the
small,owns, or The oyer part of the large towns,
pay orJ the sanfe preraiurs as the Country poo
pie 20 mat their con,biLn,ion can never be csns
siderable. As Tor the Country il is my firm be
lief. that those who insure hereafter, never will
have another premium or quota 10 pay IL am
Just now informed, that again FIRE has taken
place at Norfolk, in Water Sueet, the same
place where il formerly happened. There is
not one house, IN that quarter, insured in the
Mutual Insurance of course the society viii
have nothing TO pay. There are now but very
few houses ont south side ofthe main street
At Norfolk insured in The said society. and on
account of the high premiums, expect few will
be insured those on the north side of the Main
street, pay no more than IN ether large towns.
BY the original plan Contemplated to have
the premiums as they are nou fixed--had that
been the case. / believe, never. any quota would
have been necessary Tor those towards the
wharyes would not have been Insured. of course
we should not have experienced thosc slams in
No,faik.
Ii is surprising to hear some psqsie falkland
say that II is better 10 Insure III an insurance
Company abroad--on fair comparison it wiA
easily be found that, thai is, out of the question
The secnrity here can never fail--that OF few
specializing individuals ispTeearious and doubt
fai---phil&nthroPy. Charity and benevoience, is
not their Object. they are Only a0uated by gain.
OF course they must, aud will always rage their
premiums go 70 pay, uot only the losses, and ex-
penses, which are considerable (when our expep.
ces are but snialD but likewise to afford them
great profits. Their annual premiums average
at least one per cent. then GU, of every hundred
houses. one must burn every year, which would
be 1000 houses annually IN this authorizations
goodness preserve us from such disasters 1--we
should have. in some time hence, no house stand.
ing in the state. This however sbews what pro.
FITS they must have, which we may reap our
selves, and keep them, and the premium money.
a,,ong o,trselves to succor our unfortunate Eel.
low-citizens w. T. Asst.
Richmond Nov. IS, 1905.
e No doubt the PRIMERS of this state will,
for the information Of their customers, insert the
above in then respective papers
JUST reecefVed and TOR safe at Bhis office,
TIE LADIES'