, 1866-01-01

onr home otuzps,1ies thst ought 10 b sefnrmed
To tried to got tha amount Of capital invested IN
ahe11t, but ve tsfled. One eoup1ny announces
capital say Of on, with say $50 ooo psit IN;
another, ari.al Of 1000, and Ss00.oo paid IN.
Ind 70 on. f1ow 1t IL natural TO suppose that alis
"pa.d IN cspssar' Is aetuai-shat eoupan1 w'th
say a6QcQCc .sp paid In had 70 much nso7ey when
It commenced business. Unfortunately We found
that this Is not a!ways the casethat The sum uamed
n paia IN rapitar' .onatimss Represents perhaps
tUo1hiras In cash aad one-tlisd In notes Of hand.
Or. In sorae instances, third IN cash aod tWo-
thirds In notcs, Tbs, however, Ia cot seuesA: IN
mo.t iustuuees ne found that he suIns named -
upajd iu'' hsvs actually been aeposised NTH the
vsricrs treasures, for the use Of tbs conpantcs-
The Aet1vo empsoynsut Of tha rapasal of IN In
su1.nee company Is one OF Tho sources OF It's psoas.
and one stockholdet pays all cash and auolher
paya onty hslf in czsh end ha IN notes, not only
An Injustice dore to the individual who pays ali
cssh. but The company Il damaged IN Tho eyes OF
The business public BY being unab1a TO deciaFs
dividend in accordance with It's announced epltsL
like eyesy other business, that Of insurance canuos
be u.usecpted 50 successfully on credit ~ On cash.
The merchant who does limited bnsinsas On
email capital Is generally considered to Be salcs ana
eounder tha1 he who df1vaa large trade on ceolt.
Bnt spa.t from I'll this the announcement OF "a1u
In capita1' consisting partly Of notes Is naud On
q are.rectlb1o company.
We refer to this Inconsistency only because We
a1e anztous that Chicago companies ehould place
ther,se1ves On thoroughly eouud basts-that there
be nothing abont them that can be called fetislons-
md that they tcqniso reputation Ill over the broad
Northwest equal 10 that Of any Of the best cont-
panIes in New York or New England. The tpaue-
anec business 10 profitable, and 10 would prefer to
eee Chicago capitalists earn those profits. rather
th.p have ther, sent to the East, 10 PARTIES who
have neither spart nor lot" with rs IN Developing
the great West- .....-....
We ere unable to state what tho premium on are
and marine risks Wou1d amount 10 within me past
year, but II Is safe 10 eettmate the eu1o at
Out of thia thete have been paid by the various
companies about f. 00o Geo in losses by fire and By
disasters on tho lakes and rivers
The progress in Life Insurance hAa been great du-
ring the year 1861 1t is now looked upon by all
classes OF tho community a. duty which they owe
to their families, and ~e are hsppy to leaEn thst
eyen roor lsberers md mechanics afr vary generally
investing part Of their savings IN this way. OF the
Is Life Insurance companies represented he1e, on1y
one Is local; but We Are pleased to be able TO state
that the coupsufes having odlces hero arc the FeT
best IN tho country.
new feature has developed Itself in tho tnsuf-
nncc business in the establishment OF Accident
Companies" There arc two home md tsso East
h0 NAh4eA9RA4A A4A|t
ase all doing lafge md prosperous business
The following Is I Elt OF the Chicago
Insurance Companies, With the u.1a of each, aud
the name Of Its Sec1etaJs
CHICAGO 11Rn AND s1AnIxE c0MPA1EE9-
Chicago f,renen'e 1ns. Co., c. n. Holden, Sec-
retar3-
Merchants 1ns. Co., ". E. Rol1o, S-t,atarv.
Mutual security 1ny, Co., Marx KimbalI, Sec
rotary.
Packe,.' and Provision Dealers 1us. Co., '. A.
Ian6erman's rs. Co., Thos. Goodman, see1s-
tasy.
Garden City Ins. Co., 4. q. Brown, Secretary.
Comm efcfa1 In. Co., ]. Fanner, Secretary.
Globe ms. Co.. G. B. Holmes. Secretary
Homc Mutual ins. Cow. II. Cutler, Secretary.
Mercantile Mutual lus. Co., l.. Cutler, Secretary.
Traders Ins. Co., $. r. Atwater, Secretary
Equitable ms. Co, D. ". Phillips, Secretary.
Hfpuhlfc 1ns. Co., o. ". Barrett, Secretdty.
CttiEent 1ns. Co., E. b. Tomllusou, Secretary.
CHICAGO LIE COMPANIES.
Northwestern Mutual Lie 1ns. Co., ". F. Brew
ster, Secretary.
CHICAGO ACCIDENT COMPANIES
Travellers ms Co., Chicago, O. Pase, Secretary.
Proyident 1ns. j. Investment Co., Chicago, c.
Holland, Secretary.
The tol1ow1r. table shows The list Of the lnsu
rance Companies which are represented By Agenta m
Chicago:
FIRE AND xAntS1 COMPANIES.