Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-10-12
THE QUEEN.
one Of the Most Responsible and safest
Companies In the World.


The Spectator, good authority in such
matters, in its October number says Of
this Company:
"The report presented at the last an
nual meeting Of the Queen Insurance
I Company abOunds with those essentials
upon which public confidence and pro-
fessioI.al credit may very safely be
based. The total assets Of the company
were shown TO have reached the very
I handsome sum Of three million, one
I hundred and fifty-seven thousand eight
l hundred dollars and fifteen cents, of
I which amount seven hundred and twen-
I tY-twO thousand four hundred and thir-
teen dollars and eleven cents was in
vested in the United States The net
surplus upon the cOmpany's fire busi-
ness for the year was nearly three hum
dned and fifty thousand dollars, which.
in view Of the generally adverse expe-
rienee Of underwriters in 1871, must bs
admitted TO be something equally sur
prising and exceptional. The secret Of
this remarkable success lies mainly in
the admirable management OF the COM
psny's American business. The Spec
tGtOr has always been emphatic in its
commentator Of the administration Of
Manager Ross, and that his efforts are
appreciated by his superiOrs at the home
office is clear, from the fact that the an
nual report makes the subject one Of
special reference. The general mana
ger, Mr. J. MOncrieff Wilson, remarks
that the interests Of the company are
carefully watched by the Influential
New York Trustees and Director AID
their able manager; and that the busi-
ness, which now extends over a large
rnnrfHnW nf the NIw5rrn ia
the various agencies By experiencedsun-
derwriters, under the direction OF the
New York Board. This is simply a lust
recognition Of earnest, devoted, success
ful labor. And we may add, as Of our
own knowledge, that the Queens repre- I
sentatves in the United States are not |
excelled by the agents OF any other /
o1dce, home or foreign, in intelligence, |
capacity and fidelity. They have been |
carefully selected. and the result to the /
company has fully justified the wisdom /
Of the management in the bestOwal Of 1
appointments. The company is one /
which, by its business methods and /
high-tOnea course is calculated to at /
tach to its interests the highest class Of l
agents, and Of these the /" QueenD can |
Tuthfully claim 70 have its full share.
It's careful underwriting practice is in re-
reshlng contrast TO the recklessness /
shown by number of local and foreign /
agency companies which might be /
named, and consequently we feel i'm
pelled to say, that no apprehension need !
be felt that the contracts Of the Queen,
under its present management, will be
dispropOrtiOned to lis entire ability TO I
meet him. Although engaged in the
life business, the Queen has an entirely
adequate life reserve, IN addition to a
su1iciency Of assets to meet all the liza
5ilities likely to be assumed under 80
prudent an administration as the COM
pany now exercises. As a single indi-
cation OF this watchful management,
we may mention that the outstanding
premiums Of the United States branch.
on December 3lst, were only seven thou
sand seven hundred and fifteen dollars
snd fifty three cents, all Of which was
within short time thereafter.