Richmond Indiana palladium. [volume] (Richmond, Ind.) 1837-1839, 1837-09-30
ssHELP ONE ANOTHER,
Indiana Mutual Fire-Insurance
COmDany-

Company.
Chartered January 3Otk, 1897.
D6c0, No. -, Dlakess Building, opposiee Brow.
ninS's Hotel, Indianapolis.
DIRECTORS.
Js~e' Blake, Indianapolis.
Samuel Merrill. 8
James ". Ray
Cairin Fletcher, &
Charles w. Cady, L"
Ohrer H. Smith. Connersville.
George II. Dunn, Lawrenceburgh.
Henry p. Thornton, New-Albany.
Jamcs Collins, jr IS
John Lar, Vinccnnes.
Lee H. r. Maroon, Michigan City.
John Mitchell, Evansville.
Andrcr Ingram, Lafayette.
JAMES BLAKE, President and Treasurer.
CHARLES w. CADy, Secretary.
TTNHIS Company being fully organized ready
u receive applications for fnsurance.
Every person who insvres in this Company becomes
member OF IT, with all the privileges incident 70 any coro
ration and interested in general extension
and prosperous condition The assured time Of
king his application for required give his
est the amount of which determined by the insured
and the hazard of the risk which he FIVE
cent IN advance. No further payment required, unlsss
losses should during period of this being
the term for which poiice. issued, which times
are made cusaby all he notes to
such losses. To insure building of the best class Of
rsks 10 the amour, Of 900, assured would give his
cent OF which paid advance, 81.
and s. for the Policy would make only So for his frs,
payment As the Policy for years; much personal
trouble and anxiety saved the assured in being
required to make annual renewals Of the The
company insure hro-Hirds of the estimated value Of build
ings, and one-hay of personal property.
Mutual insurance has been found by long experience in
many Of the United States, be the sa and cheap
est method whether adverse fortune atends
ITS operations Risks, which in stock companies have cost
from ~ 70 100 each hundred dollars insured have
cost in mutual companies but from Is 20 the
same amount insured, and this for several
of
the peculiar situation and of the of Indiana
De Obtained and consequently less liability large losses
Livery insurer therefore, invited this subject
turc consideration and thus Ihe benefits which
be secured by the general operations this Company
| throughout the state.
The assurcd in company times have the
benefit of the good fortune which may attend its opera
tions the assessed only proportion losses
and Incidental expenses and il fair tina
the company will with comparatively few losses,
that will be rendered insovent extensive which
would require the whole of its be
expended for their payment.
Tho contingency which this calls up
the premium depends much in favor of the
sured in this adverse themIn proof of this
the actual results i'll similar institutions be ad
duced. No Mutual Insurance Company in the United
rations, which than be said Of stock
IL is considered that this
pany Will .afe cheaper, and certainly
BILE, than by any other method yet devised.
PARTIAL will be paid in full not exceeding the
mount insured.
james W. Green Esq. Of Richmond, is hereby duly au
'hor.cd Agent Of the Indiana Mutual Fire In
Srance Company BY order Of the Board of Directors.
| CHAS. w. CADY, Seey.
! July Is, 1897. 27-3m.