Western Reserve chronicle. [volume] (Warren, Ohio) 1855-1921, 1872-11-06
The Advantages offered By the Company, are
LIST. Its UndOubted Strength.

The Advantages offered By the Company, are
Ist. It's UndOubted Strength.
with Cash Assets amounting to over Sir
Million Dollars Gold, and a Reserve OF -Four
qnd-s- Hall Millions in addition, which is due
from shareholders whenever required. pay
mentof which cannot be avoided under the
strict requirements of English Law, II pre-
sents itself to the American Public as I'M
do1btedly the strongest Fire Company rep
resented in this Country.
Cd. It IS free FROM the complications sfLie and
Marine Insurance.
The Company from its organization has
confined itself to q Fire Business; conse-
quently 1t has no LIE or Marine Lfd6Hates,
and its statements are simple and more
easily understood
81. BY carrying large lines, 1t saves expense
aad much trOuble.
Its policies are issued for large amounts
on hrst-class risks, and in the event OF loss
the policy hOlder has but one Company 70
deal with, and one prOOfto make IN settle
ment; whereas under ordinary c1rcumstan-
ces he has a number OF companies 70 deal
with, before a settlement can De eneeteu-
4lh. 1t gives special security to the Ameriean
POliey-Holders.
The large portion OF its Assets in the uni
ted states are deposited with the Insurance
Departments OF several States in which It
ID
appointed for the purpose, az q mhtch are
bsyoud The control 0ths Company while any
liability exists against II. These Assets
amount now Sept lS72j to over one MlHton
Dollars, and VIII De increased from ttmeto
time, as the business Of the Company may
require. In addition the Company keepsa
large cash balance on hand at its New YORK
ONCE, for the payment Of current loses
The Assets OF the Company In LONDON are
however, Just as available for the payment
o. losses in this country as are It's deposits
49,. WR.aa Letter HANG made To enmnlV
with the stringent laws ofStates IN which
the Company is doing business q
9Th. Its business being dihased over the world
Local Losses are not likely to enectit.
The business OF ID Company Is not con-
dned to few localities, but covers all availa-
BILE points throughout the world us risks
are therefore much more ssat,ered tnan
that of Chicago even, could not effect its
stability. In New York and many other
cities, the destruction Of a few blocks would
annihilate many Companies doing only a
local busintss, IS their assets are necessarily
In ratio e their business done. But such,
an event could uot impair the ~ERIA
ability 70 continue, because is business pc
ing diffused It's losses would become eqpel-
lied. It's numerous agencies e~ontrioutlng
their share ward sUen a result
Since the organization Of the Company,
Now nearly seventy years, 1t has done q
uniformly successful business; as an eNl-
dence OF which Il has always paldl arge uiNl-
dends. and its stock has sou IN lne maLAt
AT seJen ffmes its mar Falue- About two years
since. a stock dividend OF yer ASOONoy w.
made rom the accumulated prohts OF the
O2Tbese sopsiderations are offered to those
dssfring insurance., n attention IS also
called 70 Measurements herewith Puohshso
Policies Issued payable in Gold or Carreneyr
rs desired. 10
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