The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1866-03-17

From The GaIlatin Examiner
The Tennessee Lire Stock Insurance Com
10ny-We have previously alluded to the
opening of the Home Office of this com
pany at this place. and, since it is destined
to extend its operations to every portion of
the State and South, it is but due to it that
a more extended notice should be made of
its plan and objects 1t Is working under an
act of incorporation from the Legislature,
with a capital stock of $4,000, and under
the management Of the following officers -
Chas. NJ. Parker late Clerk and Master Of
the Chancery Court PRESIDENT Joseph NJ.
Robb, Vice President; j. III. COnklin, Secre-
tary; Jno. w. Head, former Attorney Gen
eral of the State, General Agent The com
pany have the right to increase its capital to
100000, as its extension may render neees-
sary The organization is a sound one, and
a thorough system of detection has been de-
vised by which the operations of the CONS
( pany can be rendered almost absolutely
certain. 1t proposes to accomplish by sys-
tematic organization that which cannot be
done by individual exertiOn, and, if it fails,
/ then to indemnify the assured and loser with
the cash All human experience testifes to
/ the superiority of organized efforts over sin
! gle individual enterprise and this company
\ IS designated to fill a want in society long
desired, and to occupy the same relation to
/ the stock interests of the country which
i Fire and Life companies do to their respect
/ tive objects We do not possess any means
of stating with accuracy, the amount of an
nual losses Of stock by theft but 1t Is IN
4 doubtedly heavy. The dockets Of our courts,
I which only exhibit the cases which have
been detected, alone comprise large az
Cregate of crime, while the number Of cases
which wholly escape detection are innu-
merable.
We viii not, at present mention the plan
by which the company accOmplishes It's OBJ
iects- 1t is sufficient to state that they are
cunningly devised, but, if they fail, the
company planks up the money to the party
assured This is all the public wants. If
the animal stolen Is not returned within
thirty days, the loss Is made good. We may,
however, state that all stock Insured IS
branded on the right fore hoof, and that when
sold or transferred the buyer obtains q certi-
ficate of transfer from the former owner.
Any proposed sale of a branded horse with
out proper papers at once arOuses suspicion
ard leads to detection. There are other fea
lures, IN the enterprise, both novel and efec-
tive to which 1t IS not necessary TO aIlude-
The public may rest assured that the
company Is IN proper hands, who are deter
mined to make it permanent institution.
Horse stealing IS a profession as old as the
Patriarchs, and civilization has yet found
no corrective equal to its suppression The
aim Of this company IS to combat 1t, and
when It fails, 20 indemnify the loser. We
commend the subject to the attention of our
brethren Of the Tennessee press, IN order
that they may bring It before their readers.
They can assure them that the institution Is
under competent management, with means
10 meet every demand upon it.