The Cecil Whig. [volume] (Elkton, Md.) 1841-current, 1855-07-21
:..., For The Cecil Wing.
OUR INSURANCE COMPANY.

Mr.. EDIToR.--The inordinatc desire, on
The part ofour Insurance Company to accum.
| clatc Il large fund for its future use is cyinccd
by the late Circular, Containing table of
the increased rates Of insurance. adopted bv
the board during the past year, and to be
submitted TO the members. for approval or
rejection at the Annual Meeting. to bc held
at Elkt"n on the 4th day Of August next.
Agrccably To this scale Of proposed rates the
interest to bu paid by each member will be
| increased from SO to so per cent ON the
amount paid heretofore"
Now We all know perfectly well, that the
Company. has been getting along. with great
satisfaction to the members; has gained the
confidence, of the good people Of Cecil County
and had until the losses of 1888. fund that
had been gradually, but constantly, incrcas-
ing. for four or five previous yeats at the rate
| of ten or twelve hundred dollars per annllm.
| During the year 1888 the Company met with
losses that swept the whole Of the accumula-
ted fund away. and LIFT it with n debt to be
paid by the members at the last Annual
| Meeting. As far as the hoard infurmcdthe
members, the ndcbtncss was promptly and
charfully paid. .'
Why then should these Resolutions lie
adopted! why is it thought necessary, to
collect a large fund. for the purpose Of meet
ing contingency. that may never occur 3
And lift should so happen, that the company
were called on to meet the losses of another
unfortunate year, would not the members
prefer paying their proportions, after it had
actually occurred, than to pay in advance for
years to come in order that large sum may
accumulate. to remain idle or he loaned to
irresponsible persons ask do the members
OF the Company prefer this course. or would
they prefer TO pay the losses as they occur
if indeed they Should again occur.
AS every person insured in this Company
is a member. and entitled to n vote under the
act Of incorporation, every one should con-
| ai,ler it his duty, to go TO Elkton on the day
of the Annual Meeting. and vote on this qucs-
ton inordc, that it may he approved or &C.
.ectcd by n decided vote. GRAvEI.Ly.
RwscrE OF 4 ClilLD.-rhc Baltimore Sun
of Tuesday last says that most daring and
unsclliSh action was performed on Monday
upon the Philadelphia, Wilmington and BAL.
timorc Railroad, by Mr.. Asa Denis, one of
the company S cnginccrs.-As the morning
train from Philadelphia i,ad reached the 10
wcr cnl Of Magnolia siding, on it's way to
Baltimore, a little child Of apparently about
seven years Of age, was discovered standing
upon the track. distant less, than 100 Yards
from the approaching train. which had al
,eady attained speed Of some twenty miles
Ter hour. Immediately upon pcrceiying it,
the engineer sounded his whistle, and rcver.
sing his cniine. jumped from it when within
a few feet of the unconscious child. The
speed of the train aud the violence of the fall
he sustained in jumping threw him forward
! and alongside the cowcatchcr, with hi, arm
across the rail. Although partially disabled
in one shoulder by the fall he swept the child
from the track with his arm-The engine
passed on. its cowcatchcr just brushing the
| person of the child. which in an instant more
would have been killed by the frame of the
engine coming in contract with its head,
! TIC frightened little innocent was nn,nctia.
tely taken in charge by the conductor, 4. ID.
lamar. who entrusted it to some of the cxcur-
sionsrs 10 Magnolia 10 deliver to its parents.
Had not the officers Of the train been at their
posts so promptly. Mr.. Denis's utmost efforts
TO save its life might have failed. In testi-
mony Of their appreciation of the act, We
! learn that a collection was taken up by the
Passengers in bchalfof the engineer. The
csrs woe detained but a few moments by the
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