The New York herald., 1868-02-21
NATIONAL BOARD OF FIRE UNDERWRITERS

Tho second land iast days session OF the National
Board OF Fire Underwriters was held yesterday nj No
lS0 Broadway Mr. Mclean, the President IN the char
Mr.. A. =. HASTINGS from the special oom m,ttss an.
pointed TO tahe into consideration the matter OF insur.
ancs Statistics reported resolution recommending tho
creation OF committee TO collect and coate the same
for the benefit Of such companies may contribute to-
wards the Information sought II was adopted
The Committee on Adjustments made q lengthy re.
port deprecaing the hasty payment OF losses before
requisite PROOF OF Haonity be furnished, recon.
mended that 10 future no adjustment loss be made
without rigid investigation oil tho crcums'auc
at least sixty days afer the date of rroof uuses the
adjustment be concarrsd in by majority OF tho COM
panss interested In .he loss, and then BY deductng
interest for unexp pired term.
The report was debated at sono length and finally
carr cd With an amendment onerei by Mr. Head OF New
YORK. that In all cssos where tno loss
$500 the concurrence in the adjustment of
Of tue conpan,e' interested be cb,aued.
Mr. HEALD offered resolution urging the Legislatures
OF various States 10 pas laws punishine ~ p"rnrv
al falee swearing as TO insurance losses II was
adopted.
Mr. HowiRp offered resolution sskins loca, Bo,rd.
u induce Tho civil authorities igae al cases of
loss by hre aud h tnat be not prsc'cbe make said
chairman OF tho Executive Commiitca
rne resolution adopted
NJ. PLArr from The Committee on Nominations pre-
sen sd tho following ss toe gentlemen as
ohcers Ior .ho ensuing year'-ire resident, James N.
Hartford; Treasurer j. 8 Parish Of Providencs; Gre
,ary. W, Conner, a. OF New York Executive Com.
mttee-hessrs H. Bei1 Isaac S~ceizer, George A.
Curtis, Albert Bowkef, OF Boston; water Paine, A. A.
Williams, J. "A. d wo.S, OF Provdsnce; rars Howard
George Il. Chase, II nry Kellogg d. Eidridse. r.
McbsIer. Of Hartford: Learned, Norwich; D. Heald
Y. W. Crosel A Smith, A. Oakley, II H. Lampori,
A. y. Has,ings Alfred Pel, Jr., OF New Yorx; sila,
rard, r. II Montgomery, Philadelphia; N p Ca npo.,I,
John D. SeidsosiroSsr, Bslsim re- A. " Curr wor-
ces,sr. Mass; = Freeman spungaed, Niss n. X.
Ssitcrise. Now Haven, Conn: f. b. smith, Buffalo; @.
A. Van Aien Albany, N. Y; J. b. Bsnne.t w n.
cassiy, Cincinnati, ohio y @. Rouse. A. N. ssarls,
0u,a \ ~ no.. xNst
+. Roo. s K Walker, Chicago. H. the President OF
tho Fire and Marine Insurance. Company OF Detroit and
Jonathan Hunt, of san Francisco
Mr. Howard then offered she following, which was
adop,ed;-
leeislaie psjud cly any .e bushes. IN.
terest and whereas Ore Insurance oompanes have ou
prove.,o be Interest Al All. hut the contrary basis
Rssoved Ts.. he ss Of ons soa per cen, upon
s s po Se ns s nssaS
on, .,.,..a sys,sn o. ~, sg,.o ,s.o
tenuon OF Ccnss 70 The oppressive character Of this tar
Alter ths adoption Of the resolution, Msssr. Dors.
Head and Bowkor we're appointed Q committee 10 pro.
coed 70 washington to procure an aoasmsnt Of she
Msssn HeaId, Lampot aad White were appointed Q
committees 10 request companss having agencies In tns
city 10 sign an agreement for rates beng circulated
By the New YORK Board OF Under srten
The report Of the Committee Form Of Policv vas
then called up and an smsndmsas offered BY Mr How
ARD, making the liability Of companies extend 70 onlv
three-fourths OF the loss sustained In socases Amer
debate The amendment was referred 70 the Executive
Committee ~ separate matter be reportsd the
nert spnud mestiog aud ,hs form reported By The
committee was adopted.
N. HHAID then offered . preamble and resolution IN
the snsct that with only occasional exceptions, u 10
desirable 10 retain a least interest Of twsn ave per
cent N ths hands Of the insured aud Of granting the
privilege OF insurna more than i've per cent
only to property OF Known personal probiy and
commsrria'tntegritv Ths resolution sdoptsd.--
Mr. 0AsLW oforsd the following. which vas
adopted
Rsclysd rh,t ts- -ersips Of the Metropolitan rrs ne
parhnent cf the city 0 New FORK t conducted
meets with our most hearty approval and 10 It's efficiency
during The past yesr the copsues doing business
city OF New yors attribute the diuuu,n of their losses
great degree nctvithstan nins the number OF 6rss
largely augmsnted!--
ON motion or Mr.. supxvrnIcxs the tins for The an.
nual meeting OF the Board changed from February
10 the third wednesday in April, 1863
The privilege o. The floor Vas awarded 10 Mr. Ueins
10 give bis views 10 state taxation Of Insurance com
psnss whom ser tho passage Of the usual resolutions
OF thsnks snd the transaction OF some unnp porlspt
business, the Board adjourned sine de.