Baton Rouge tri-weekly gazette & comet. [volume] (Baton Rouge, La.) 1865-18??, 1866-04-17
Insuring Horses-A Clever Idea.

They have started in Louisville,
KY, an institution of novel char
acter which promises to work well
and prove great benefit to society.
1t is called the "National Horse In
surance Company of Louisville"
and the journal of that city says
it is now in the full tide of success
The features of the organization are
of SO practicable and useful nature,
that it surprises us something of the
kind has not been hit upon before
Besides affording to farmers and
others owning stock a sure protection
against loss of horses by theft and
loss by death, the Company's ar
rangements are such as will tend to
subserve an important end--that of
checking crime and Kidding commu-
mites of those lawless pests who
make business of horse stealing.
The Company is organized on re-
liable and permanent basis. Some
of the citizens and most experienced
stock men of the State fill the offices
and are otherwise identified with its
interests. The manner of insuring |
is set forth in the Company's circular |
as follows:
can animals insured against theft by |
this company are branded on the right
fore hoof with the initials OF the company,
viz: N. II. l. Persons making application
for policy of insurance, will give full de-
scription of the animal, or animals, stating
whether for theft or life, or both. The
are numbered one, two, three,
;he application. The application is sent
20 the office of the Home Company for
policy to be made out, when the application
s flied for future reference in case of a loss.
rhe applicant receives from the agent
eceipt for the forthcoming policy. In this
eceIpt there must be corresponding de-
cription of the animal and mum Der. I'll
N animal is stolen, with an insurance on
t, the owner will refer to his receipt, and
live the number and description, also the 1
lumber Of the policy, to the nearest agent |
nd to the Home office. The company
hen notify the agents and detectives in
ach county, by telegraph or letter, giving
full description of the animal stolen.
he company furnish blank certificates of
transfers. to the assured. If he disposes of
n animal insured, the person receiving
uch animal can, by forwarding the trans
Or certificate to the Home office, have new
olicy issued for the full time Of insurance.
hose insured will have their animals ,
ebranded if the brand should become de- !.
aced; call on agents for this. In case of I
loss, if the animal is recovered within |
wenty days, it is returned to the owner.
the animal is not recovered, the com
any pay the amount insured. If the +. 1
nimal is recovered after the expiration of
nc twenty days, the owner can have the
nimal by refunding the money to the
ompany. The company will be RESPONSE +
lie for any damage done to the animal or i
nimals, in all cases, lille in the hands of !;
le thief, or until the return Of the animal Al
} the owner; said loss to be adjusted by C
parties"
The success Of an experiment g
Ike that undertaken by the Ken t.
lcky Company will doubtless lead U
the formation of many similar r r
in other States. A move q
ent of the kind might be well in le
lgurated in our vicinity, and turned II
profitable account. Who, among u
If reliable and responsible fellow k
items, will undertake the scheme tc