The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-04-20

The average losses Of the above compa-
MES is 1.1S, so that this company has less
loss by forty per cent. than others. The
ratio is more remarkably small when the
fact exists that from our Capitol disaster
and other accidental causes it lost the enor-
nous and unusual sum of 100000 in 1870,
whereas it ought to have cost by experience
of other companies only about $1,000 from
such causes, and will not reasonably ex-
coed the latter proportion In future. De
ducting this excess of unnatural mortality,
and leaving it's mortality from natural
causes, with due proportion of accidental
losses added, it's mortality would have been
only "a 100 of one per cent. to its risks, or
less than half the losses Of other like COM
panies named.
Turning a glance to its assets, they are
we'll secured and bear favorable compari-
son in each item with other good COM
panies. No wonder, then, with all this
indsputable array OF evidence in its favor,
that this company should have received
such token Of public confidence, as the
large comparative size Of its policies shows.
Out of seUenty.fUe companies reported IN
''Thc Policy holders Pocket Index" for
1870, published in New York, only nine IN
the number have so large an average of
policies, and only three much larger. The
ndoubted solvency and permanent sta
bility of the company is shown by its large
surplus over liabilities, which, in comparl-
son, stands as follows with other good COM
panies Piedmont and Arlington has Sl2l
to each 500 Of liability, or from ten to fif-
teen per cent. larger surplus than such COM
panies as the Equitable, Mutual Life, Etna,
North America, Security, Globe, Berk-
shire, st. Louis Mutual, &C., DC.
In every regard the company stands a
ont 70 fhnr n,tn
caution, and economy, and as such is as
fully entitled to patronage and confidence
az any company in America.
AS Virginians we should be proud of and
give it hearty support, which will speedily
Dlace it as one of the largest and most pros
perous companies in this country.
1t brings money to our city and our peo-
ple it builds up our home enterprises !; it
aids to regain our lost fortunes then why
will our people continue pecuniary suicide
BY sending money away from their own
channels Of trade, when they can as saleiy,
as proftabIy land more properly, invest Win
the Piedmont and Arlington!
The stockholders ordered the annual re-
mort to be published. and then proceeded
70 the election of Board of Directors for
the ensuing year: Colonel III. G. Cabeu
and MIR. VIM. j.. Isaacs, acting as telters,
reported the election of the following gen.
tIcmen to compose the board: w. G. Car
linotop, VIM. B. IsaacS, John +. Edwards,
g. p. Parrow, FL. K. Ellyson, d. j. Hart
sock, VIM. ii. Palmer, John g. Williams,
George $. Palmer, John Enders, j. j. Hop
kins, William e. Taylor, land Parker Camp
bell. '-.~ LA
ers, the Board OF Directors met ana electeo
the following officers W. e. Carrlngton.'
president John E. Edwards, ylce-presIl'
dent: D. J. Hartsook, secretary >; >
Hopkins, assistant secretary b. =; Hart
sock, cashier; Q. Henry PerroW, ": y,
&. IL. Smith, M D., George Ross, M. ~:
medical advisers; Prot. Edward b. Smnn
actuary jus. E. Wolff, superintendent 0
aoenries. 80.