The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-06-03

Ninth Days Sessi0n-The Work Auspicions!y
lnaugurated-Uniforln Blanks Adopted-De-
posiss to be Made Only in States Where
Chartered, but an Attorney In Each State
10 Receive Service.
The Insurance Congress met again yesterday
morning, with President Miller in the chair The
uniform blanks upon which fire and life companies
may make reports Of their affairs 10 each State SUI
perlntendent with the exception Of the life balance
sheet, were adopted.
resolution recommending that the various States
iegislate with view OF authorizing the various
state officers OF insurance to accept reports from
insurance companies upon the uniform blanks
adopted by the Convention, was passed.
The report OF the committee ON assets and invest
ments, published some days ago, was called up ana
another substituted which lays over for the October
session.
General Smith, from the committee on mortality
and rate OF net interest as basis upon which to
calculate value OF premiums and life policies. re-
ported progress and asked that the report stand
over Tor future consideration.
Messrs. Kelsey, Skeels and Smith were appointed
a committee to superintend the printing Of the
adopted blanks, and also to consult with experts as
to the form for life companies balance Sheets The
Ders Of the committee.
WHAT HAS BEEN ACCOMPLISHED
The following, offered by MIR. Miller, was unani.
mously adopted
Whereas tbs Convention has after day. Of devo
submitted arrived AZ definite conclusions upon and recon-
Uniform forms of annual statements to DO used by hrc
The requirement OF deposits Of companies only in the
states TH where they s. are e, Granted ,. :,
each state where rasacs business to receive service OF
And ether important reforms looking to simplfca,,on
and unacation OF the great insurance system and harmo.
nous and reciprocal supervisory action OF the respective
State insurance Departmental ana
Whereas vas. amount Of valuable information and
large valuable and communications have
been laid before the Convention by the several commees
Resolved That this Convention. when 1t shall adjourn
viii adjourn with the rm Of reassembng IN
before Of the various reports DO submit
begun and fully out the great objects which called it
The following, offered by Mr.. Caldwell, was
Resolved That in the judgment Of this Convention the
cr ssms Of an Independent capable and moral
n nv nd a
sustained.
Votes OF thanks were rendered to, and speeches
made eulogistic OF tue energy, ability and courtesy
OF the PRESIDENT ana Secretary; also TO the Messrs.
Goodsel, who put the proceedings daily to press, 10
the fire underwriters, and the press FOR Its gener-
Gus reports.
Mr. Plls6ury reversed the old adage of "while
there's Lfe.'" This called out Mr. George F.
Hope, of the Continental Life Insurance Com
1any, VINO spoke III warm terms OI Tue
work performed by the Convention, which
he declared emphaticaly was equally In the
interests OF the public and the companies; for what
is the pubiics interest is that or every good sound
company In the country lie thanked the Conven-
ton, and especially President Miller, Tor the grand
WORK they had so auspicously begun. resolution
adopted asking life insurance companies to ur-
nish data to the Committee on Valuation 10 enable
them 70 reach basis OF mortality.
After a congratulatory address by President
Miller and eloquent in its delivery the Con-
venton adjourned 20 meet IN this city the 18th OF
0ctODer President
at future time q committee to consider the pro-
prlety OF q permanent organization.