Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1818-03-09

Columbian Insurancc Comply.
jVENgE Columbian insurance Com,paNy
of Alexandria, under their charter
by congress, announce to the public ''at
they continue to Insure dgainst al! man
ner Of
Marine and Fire RiShT
and they are also now authorised to make
insurance OH
Lives.
They submit, Ior the Information OF
applicants. the fundamental rules thet
have adopted under the authority Of their
charter, by which the principles that a''
to govern in all case, Of maritc and u {
insulances are deiised. -
Applications for assurances may be
made at their Office, on Royal-stree',
next door to the City iloteD each day,
from IL to 9 o'clock, in writing aud the
applicant is requested to add the name
ct the endorser he proposes 10 give on the
preniium note,
Columbian Insurance Office, Alex
anGria, March 6, 1918.
WIN. HUDG.OH, Pres't
WM. WILSON, Sect'y.
FUNDAMENTAL RULES FOR MARINE
RISKS.
l. All rules and regulations in use by
the Marine Insurance Company Of Alex
andria, and not contrary IL the following,
are adopted by this institGtion.
2. Tie credits tor payment Of all pre-.
mlums exceeding fifty dol!a:s, shalt be
as follow, by approved notes with one
endor er, viz:
Too from 20 y from
2 mon ,hs-5 months-Ports in the Uni
ted States, Louisiana excepted.
a mOnths-6 months The West Indies,
LOUISIANA, Florida, Spanish Maine
North CT the Equator.
6 months-S m"nths-Europe and Alri-
ca, European Turkey and the
White Sea excepted.
Z months-9 mOnths-Tu kew. The WI.
ard Black seas, South America,
least COAST South of he Equator.
IL monlhs-l5 months-India and hina
and beyond the Cape OF Good
Hope and Cape Horn generally.
g. ASSURANCES oD vessels and on COM
missions are, in all cases, to be made in
valued policies emily. Those on commits
sions free from average and salvage.
4. 1t will be preferable that insu ances
on freight be likewise valued. But if
" on freight simply, two thirds sf the
amount ct gross ireig GIT covered shall be
understood to be the insur.b!e interest.
If bills of loading or charter parties srlpu-
late no freight on goods, being owners
property, &c. the amount shall be fixed
by arbitration, of treights for voyages out
aud home: one half is to be applied to
each voyage, un.css otherwise agreed
upon.
S. On sums insured upon imaginary or
expected profits, the same per centage in
case Of loss will be paid as would be re.
cCyerable on the value Or cost of the
goods themselves, general average and
salvage excepted, to which profits are
deemed not liable to contribute.
6. When risk is offered to this CON-
pany. on which prior assurances are
made, it is requested that the circum-
staEce be mentioned at the time OF the
application, if the rolicy applied for i, to
be valued one, or if the prior assurances
are made on valued policies.
7. Insurable interests of persons re.
siding 10 the District Of Columbia, under
open policies on voyages out end hone,
are to be shown by sir ply covering tie
amount Of the invoice with half the pre-
MUM round. Persons residing out of
the District have to add, in all cases, TO
their amount Of insurabie interest halt
per cent. commission for eiiecting insur-
ance, ard one and half per cent. COM
mission to recover losses. Tie amount
of invoices understood. to include a con-
mission of two anu half per cent. On
shipments from port to port in the United
States. and five per cent. TO or from TO-
reign counties.
8. All persons having losses or return
premiums TO claim from thi. Company,
are desired to give notice thereof as soon
as they are in possession OF he requisite
information. Should they neglect to do
So, they would have to ascrlbe delav IN
the adjustment to themselves, as it is it
tended to adjust and settle all claias a.
gsinst this company successfully As they
are notified.
9. This company will abide by all
statements Of general average made a
broad under competent authority, and
Al Il l.