The New York herald., 1872-11-23

The Rates OF Promium Incresscd Fifty
Per Gent for CITIES Over Fifty Thou-
sand Population-Hcavy Rate for
Msnsards and Frame Ones Con-
demncd-Spocifc Rates for Farm Risks.
The above Board was again in session yester-
day, President Henry A. Oakley, OF the Howard In
surance Company, In the chair. large portion OF
the session was devoted to discussion OF the pro-
posed increase In rates OF premium.
The Committee on Rates, through II. Kellogg,
chairman, recommended an increase of rates to
the standard OF 1866 and 1867, and that tariffs be re-
vlsed upon the following standard:-
Small places having exceed Atty thousand popu.
ceptons and revisons in such places where adequate
The report was accepted and the following reso-
lutions reported by the committee, on division,
were adopted almost unanimously
Resolved, That all local boards shall take immediate
with the report submitted BY the Committee on Rates
All
So % e oa @
with and be governed by the rates and rules OF such
s we'll
ourselves mcmbers Of the National Board to remove.
The following resolutions were adopted:-
TO to DO examined far they may be able the
s sE s ~ sss s ssY ] il a Ss S Ss
ectye or in dlssc to take such action as they may k
proper TO remedy the evil found and 10 take the
action as TO the water supply and the fre department
Resolved That the National Board In Its action OF the
18th of April ls2 directing agents to form local boards
and to adopt tariff of rates. did not intend to submit
MUM the local boards without reserving tho right OF
revision through special committees or through state
boards.
Resolved That the Board recognizes the right and duty
supervise amend the rates adopted by local boards
In their respective States and that the action OF such
State boards where they differ from those OF the local
boards will be recognized as the established rate, subject
always the advice and ultimate control OF tie Execu
tive Committee Of the Beard.
The Board resolved to charge an advance OF nlty
per cent upon oil Mansards, except those con-
structed entirely ofiron or other metal filled IN and
covered with slate or metal, having walls through
the roof and cOped no wood whatever being used In
its construction. This tariff for Mansard roofs is
the same as that adopted by the New FORK Board.
Resolved That 1t is the this Board that the in
PRODUCTION of special hazards particularly wood work
ing establishments in the heart Of the business portion
OF the city OF Chicago is dangerous and prcudical to the
tectng property in that city and they recommend
panies to withdraw premiums.
Resolved. That the proposition of the Convention Of
Farm Insurance Companies, presented to this Board
by its delegates that specific policies be written upon
farm property and that the two-thirds clause be ap
piled to farm buildings meets the approval of this Board
and that these subjects 1e referred to the New York
State Board to provide for the introduction of such rules
aud practices at as early day Us is consistent with the
circumstances.
The Board condemned frame Mansards. ana it
came out that large number OF dangerous Man
sards are being erected in Chicago.
The Board adjourned sine ale.