Alpena weekly argus. [volume] (Alpena, Mich.) 1871-1893, 1872-01-23
QUEEN INSURANCE CO.,
OF Liverpool and London.
Continues to afford protection against loss by fire
at an cqitable advance in rates.
Capital, 92,OOO,OOO Sterling.
OfrIoE OF QufEs assurances Co.,
U. s. Branch, III broadway,
New York, Oct. q, 1871.

OFFICE OF QUEEN INSURANCE w., \
U. s. Branch, III Broadway, I
New York, Oct q, 1871. J.
ANY business proved to he unproh'aoie should DC
abandorcd. IA,
Acting upon that principle. this Company with 9TH
drew their Agency from Chicaqo in February, 1870,
md AS a result HAVE NO LOSSES IN THE TEX.
RIBLE CONFEDERATION THAT SWEET
OVER THAT CITY YESTERDAY. affecting the
financial commercial and insurance interests OF the
whole country, Gripping and imparing many OF the
Oldest and soundcst Insurance Companies, and ut
terly running 30 many, that property-holders Win
difficulty decide where to look Tor and Tho
reckless and in many instances scandalous compeu-
tion that has sprung up within the iast Two ye,s'
almost driving prudent underwriters rom the neiu,
Ind giving undesirable prcronition tnat DAY W
wreck and rctribution was certain IN the not very
distant future, and whc II only precpitated oy
This terrible visitation Of Providence.
Insurance is one OF the main pillars sua.ai ia
the credit of the mercantile interest and should pe
40 managed n tn make its safety ana souhahess
under all circumstances fact It's staoity Shou'u
be above all suspicion. ,-,..aho.o %
.rbis can never be unless underwriters adhere 70
such ra,es of premium as experience has proved 10
no ADEQUATE and necessary to meet ordinary LOSSES
and proyidc Reserve Fund fot such cohtinychc'es
as IRE sure to arise. No prudence or reis s c .n
fore,e the time or place that the blow Will ia, Yet
4, Ia sure 10 come as the records show troy, fort
land and Chicago succeeded each other in increased
magnitude, more than outstr2ping the gigahuc
THE wercantile and Insurance Interests are so
intimately blended that 1t Is reasonable 70 ASSUME
that the former will readily ana coruay ~ w.
10 any reasonable demand OF such company ~
have fortunately escaped the general wreck OF nave
stockholders able and willing TO make good tnct
impairment. for an equitable advance OF rates SUI
flccnt to bring their business to paying point anu
give assurance of a future sound condition. 1880
RATES MUST BE ADvANCEDTO AfAf iNo
POINT OR BUSINESS DECLINED; the future
safety Of Insurance depends upon underwr'ers
adherng TO this position. A..
We therefore advise our agents, In responding 70
the increased demand that will inevitably press
mon them for the Queens Policies, not to charge
unreasonable rates, but firmly adhere 70 inc SPIT,
~ The above aud insist upon such equitable advance
as prudence imperatively demands. .,,
Agents when In doubt as TO the proper ra,es WI
refer 10 this Office and will then have such ADVICE as
experience dictates. 49, us
We trust our Agents will give their active and
efficient co operation In accommodating the wan.,
of the public, and are confident that the QUEEN
| INSURANCE. COMPANY can through them rem,
der a service TO the mercantile community that VIII
P'V'' I'M IL. ROSS, Manager, U. 5.
W. =. GoODENow, 49,. "a,
Agent, Alrena, Mich ''m'