New-York tribune., 1868-02-21
THE xArIoxAL noARo OF FIRE UNDERWRITERS.

SECOND DAY-REPoRTs or STANDING cONITrEEs.
The Board Teassembed at 10 a. m. yesterday.
Mr. Heald of the Committee on statistics read his re
port He said il was necessary that the statistics Of the
various companies should be collected and oolaed Dur
ing the year the treasures have been enriched by at least
s5OOOOO The Committee recommend the adoption OF an
uniform method OF classifying hazards. single com
mittee do but htte all underwriters must assist a
classify satstics for lg use OF az epmHn.' gnSn t
resolution Mr. Chase OF the Committee on Adjustments
said losses paid without sufficient inYcsl"ton Az
least per cent Of the just liabilities mas beeh
paid by companies both here aud IN England. rcsO.
rtiOn that losses should be paid IN the town wlefe e
1rs n CURED nor until maturity. after amehdn6nt
a after tb1 ffe. without tie consent vi trccfOurhs
~ ~ i5e % %Sompan,A r,,,dNg policies on the amount
o. snr1 vyas adonted rf-o;nr-0Ir requesting
Legislatures Of the different states % pass laws de
penal oftense and 20 be punishable accordingly was
Unanimously adopted resolution making ~ ile guy
in tisation into all fires involving loss to tho C5mpa-
ncs and In tho event Of their iane 70 Induce te au
thortes do So to render snch
on the local Boards Themselves thg ress 10 o lePoeu
by them the Chairman OF the hAee9ve Coinmlt.evi;
Was adopted. The Committee on Noninauohs fepottu
tho following officers for the following year. ana they
unanimously elected: President, James NC & eah
Vice President. L. j. Hendeei lInasuIer . ,,
Secretary W. Conner. resolution calling ne attehon
Govt c, the gross receipts Of the Companies and re
oiiesflig is abolition, was adopted Ihe MessIs DOW
e % interests OF the nre Insurance business before the
Committee CT WAYS and Means of Congress, Ihe iorin ot
nanies reported on Wednesday by Mr. II. a. Oakley,
was taken up and discussed After some debate u was
finally adopted. After preamble Affirming desifhDe
that tic insured should have some interest IN inc pVtee
tion Of property against fire. as an absence oi such III
terct causes considerable percentage of the losts Dy
fire. il resolved that the privilege OF oher
without notice until required, be granted III thc iuhp"ns
manner only: in other insurance permitted without lu,
ther notice. exceeding IS per cent IN All OF th1 cdsh
% ue Of the property insured any privilege LOT an N
cess OF insurance 75 per cent shall be hcreoh sPc
ly ndorsed resolution approving the WORKING Oi te
Metropolitan Fire Department OfNew- YORK. ana ascrlpK
the dinuton Of COmpanys losses, during the past year
10 It's efficiency, unanimously adopted Afief some
other business had been transacted the Board ad1oume
The annual meeting is appointed Tor the thFd "eu
nesday of APRIL 1869. -, ,
After the adjournment Of the meeting, the annual
dinner was held at Dcm0nIco's, I'm the lOngroom Aiter
the cloth was removed speeches made by the fooW
mg gentlemen: Mr.. Hendcc, Mr. BOwker Mr. llieglnton
Mi Macdonald Mr. Head. the delegates from Baltimore
and Mr. DoTr of Chicago The Plchidcnt of tue Board,
Mr. Mclean, then spoke and concluded by proposing Tie
health Of Mr. Lawrence William Pitt, the Poet Laureate
OF the Board SIr Palmer responded, and after short
speech audng the gods and the effect OF PrometheuS
robbery their general interests he then gave the
health the Metropolitan Fire Department or New ork
which was responded by Mr. Myers who spoke OF the
attempts now being made to reconstruct IT, ana sad
that while the Fire Department II kept under lnlhay
discipline. awarding promotion the reward OF merit
we shall have the finest Fire Department In the world
Several other gentlemen then spoke and at late hour
the party broke up,wel satisfied with the evening enter