The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-11-16

Detectives ~ Work 50 Heck Their Games--
ssccessial Rcsuis or Thetr Lnbors-Insu-
rance I.avvs - sbe state INVADED With
Iwspanlty - superfnssudene Barnes. Of the
Inssrnuce Department. In Possession Of a
Large Liss at These Acting Illegally, Ne.
There have boon soss stArtiss Developments made In
this city and vicinity cssy ia regard 70 Tho alleged illegal
manner in which certain nsuranes companies hare bsrn
IN tbs habit cf svadng the state laws 10 the dsrncn OF
conscientious business corporations which eesa net bus
tend Ia impair the usefulness % such institutions bet also
" sap tho very foandstons Of business confidence 10
has bean tho custom Of oevtsn Insurance comp~sies
located In Baltimore. Philadelphia, Boston and various
other cities, who appear to represent large eaptA
10 establish agendes Ia this city all Of
lower han any local rsasoa.sis coupany shiss
had complied with ,h. laws o. The stats could DO Is.s
Of whom meatson win hereafter be made bssn violating
In the most nasr.at viii b. by references
'a sI ,o'e g . .s.s ", :. ~,, -,
.ssoelon o. ssofpsr,,sa ., ..
.Ss o.
similar sompanss formed asdsr The prov.,oas Of Iris act,
a. aas By ~ agent IL Ss ssa s apps al
attorney h state On whom prosss o. Law can i served
osrasa copy o y .Sssoss . The
srsas :a IN IN
in ibis siass according % the laws thereof. tbs
sarp"raoa ' ss. 30 deemed sssns .ss cut.
Tor such corporation tho purpose OF serving
1 q A .Sss s s. S0ss
% a
sp p sS. ssss or S. u
with = s.atcmani uedsr the oath Of ,ss president or
Ss % % h Or ss s,r. may ss &. s %
amount cash hand in bank In tho hands Of agents
bered BY morggo Tho number Of shares q stock o.
he ns par ara ana ': a %
security stating tho on each and The sstimatcd
Nor shall be lawful Tor any agent Or agents to &C. for any
or os % y Il.
inland navaoe insuranos 70 This n.a.s without psncarDs
oertnA,o q ast.iy stating ,harsash company has
s .n a. As and as: & 4. s sia s
40 s s s s s & 5, Ss sn
:S.i! ssssa ~ sSs. y:
times afsr tho Ming Of such statement -. Any
eot sSc party violating psaa Of $50 each
ana q the additional % aldo for each usoaa during
70 Me such adayts and statements hsreln required
ssr.aa %ss .ss nsa"sr ia y
torsca h e LAYS Of ,ls state The provision. Of ~.
and nssidass %Sesser insorpsrtsa or
Extracts from law. q lsss as amended IN lisa
~. auotod. orers;ns i.sssy
from sSsSs h.% y % 50
danger thanseves trusting luck aud shrewd
they could .aeess.fai u oSt.nlas n.s.
Itiswen known tina, pastes Ia need Of assistance
sn.erspaous psr.ens may ssasry Ss found ready
asG ss ~ IN sas o. ~.
brokers OF the city have repeatedly laid them
@ 1s' ss, q 20
90 s. hat PROBABLY 81 no .s s
isf Pei a q
nr who snppossa 70 oe Looted ~ w ,S, ssa
without dioul,y II the party insured ioses property BY
VIZ :.s o ~sss :: s. s
these &c eepoI,ca. usually mel. s..y .; .eow yrs..s
lrrer OF the Law suffer In reputation throughout The
country. aa'
has been % locate u. oaess Of such companies IN some
place In New Jcrsey from wheDcr cr sgents make daily
Isa. into ssw yo 4.aiias that y 20 dong they sy.as
on they win learn % hsr sorrow for they are % Se Prove
ia .s 4: q ne :..s:s
DO had by Superintendent BaIncs into the rnannsr
X. ws'Ts e. Superb. s S;sa sS ~ % Sss
Ss,ocs ro. Assns, !. % & q evidence Lss
agents VA. !. .hslmnx and which lsavs. .sht
w lo-s they have ever made II iais alleged
s no Know tn ss Rsrs zee r. a..
they have been rspesedy tho danger o. such
hey viii reap fu fruits rnl.assds Another
good reason %. Dsosssdl1s ...a:. those agents ha
risks ., .sssa e protected :Psa1s psy q,
Obtain tho necessary osssiaes.s 70 do business
erInnrd pat stop their anner Of doing bistnes
Many OF the out Of town Insurance. Companies comply 9Th
brokers who whonld not place riskh where they
thu fully Responsible; but plenty
who scrupulous To show pfoAta bic shs hu
is II may remarked arc now ons undred
and seventeen Insurance. brokerage city alone
saying nothing Of those located In hrokyn jersey
oboxsn. who may b. seen DONG Harlan and macy of
sondae their business ia .ssins.s msane s.''"' 80