Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1837-07-15
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..IIELP ONE ANOTIER.''
Indiana Mutual Fire-Insurance
Company.
Chartered January 3Ots, 1887.
Office. No. n. Blake,s Buildi ing, opposite Brow-
ning's Hotel, Indianapolis.
DIRECTORS
james Blake, indianapolis.
Samuel Merrill, g
James W. Ray,
Cabin Fletcher, "
Charles w. Cady, 9
Olirer H. Smith, Connersvillc:
George H. Dunn, I.awrenceburgh
Henry p. Thornton, New-Albany
james Collins, jr. s.
John Lac, Vincennes.
Lee II. II. Maron, Michigan City.
John Mitchell, Evansville
Andrew Ingram, Lafayette.
JAMES BLAKE, President and Treasurer
CHARLES w. CADY, Secretary.
IU0TIS Company being fully organized, is ready 70
receive applications for insurance.
Every person who insures in this Company becomes
member all the privileges incident TO any copo-
ra,o and Immediately interested in its general extension
prosperous condition Tho assured at the time OF ma
king his for IS required to give ms pro-
mssory obgaon called the premium note without inter-
the of which is determined by the sum insured
", s "..a OF S ss, On which note he pays five per
losses should during the period of sir yea this being
which policies issued, which times
cutably upon all The notes sufficient to
cover To building Of the best class o.
risks of ,O00 the assured would give his
for S4O five per cent of which paid IN advance,
and 81 for the Policy would mako only So for his first
payrneot As the Policy for years. much persona
trouble and anxiety saved the assured in not being
required TO make annual renewals of the Insurance. The
company hro-irds of the estimated value OF build
ingz, and one-haf of personal property
Mutual insurance has been found by long experience III
United the SAFEST and cheap
method, whether adverse fortune atts
its operation5 Risks, which in stock companies nave COS
80 100 cent: each hundred dollars insured, hav
cost in mutual companies from ID to 70 th
insured and at this rata Tor several years
succession This insurance Is well adapted T.
and interests OF the state OF lndana
dispersion of the risks and assurances can readily
obtained. and consequently, less liability large losses
Every therefore, invited 10 give this subject
and thus ascertain The benefits whic
may be secured by the general operations OF TINS COMPANY
throughout the
The assured in this company will all times have tn
benefit the good fortune which may attend its opera
lions, assessed only in proportion to losse
and incidental expenses; and fair presume tha
the company will with comparatively few losses, a
rendered nsovcnt by extensive losses. whc
whole of its premium notes to
: expended for their payment
The contingency upon which the Gale
o., The premium notes depend. much favor of the
sured in this company adverse hemln proof of thi
the actual results in similar institutions be &c
!. duceJ. No Mutual Insurance Company in the Unite
States such adverse fortune 10 stop ITS
ra.ions which is be said of stock conpane
Il considered incol,rovertbe TINT insurance in this
pany will prove safer, cheaper and certainly more equit
e bic. than by any other method yet devised.
PARTIAL LOSSES will be paid III full not exceeding the
q mount insured.
James w Green Esq. of Richmond, IS hereby duly al
:, horsed TO act as an Agan: Indiana Mutual Fire
II -ance Company By order of The Board of Directors
k CHAS. w. CADY. See'y
:, JuIv Is 1877 21-3m.