The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-01-18
BOARD OF FIRE UNDERWRITERS.
Meeting MISUNDERSTANDING from the
Report OF the Special Commtttee-Rates
of Com issiOn.

Meeting Yesterday-Gleani ngs from the
Report Of the Special Commtttee-Rate
of OmmissiOn.
The Board OF Fire Underwriters held O meeting
yesterday at No. 1866 Broadway. The ordinary bust
ness OF the meeting having been transacted q reso-
luton was proposed and adopted by vote that the
rate Of commission allowed on dwellings and their
contents and on the tools of journeymen mechanics
be fifteen per cent but not more than ten per cent
be allowed on other risks.
The report of the special committee on standard
rates states that the hazards of nsuring merchan.
disc In q warehouse Of the average class in this
city Is worth one per cent per annum. The rate
for insuring standard buidng'' IL so low as to
lead occupants having large amounts OF
merchandise to seek such buildings and
TO pay such rents as will be ample
in proportion to the increased cost of con-
structing them. This, In effect will demand the
construction OF standard buildings. Stockholders
should be well paid for the hazard they incur, SO
to be enabled promptly to repair or replace
capital lost in cases OF serious and sudden
do not include great conaagrations should never
be regarded as q sale or just standard for divl-
dends. The report OF the committee also recon.
furnish the members OF tue Board with the rates
. upon any buildings Tor the contents thereon rated
II was also arranged that the regular rates
should bc:-On standard private warehouses, IS
40; on standard storage stores, SO a IS.
Inc following report with its important pro-
visions was adopted and VIII take effect from
STANDARD BUILDING
present Building laws eecton 81, with projections to
Roof copper upon rafters and without
KrcaThere shall not be more than 5000 square feet
Ss BY the sd he Sm ss
foundat,on to and through the root and COPIED: an
sss p aSss e placed .ihsI
n Windows @ Unless
Of metal shutters on 'front.' building 70 be 50 arranged
ss be
a c"pe sn y aSo
three and half feet above the root suitable for fire de-
Cornices and cutters Of brick or Of metal secured
TO the building with metal fasteninss only, ana without
l. Floors to be without skylght, elevator or hatchway
NoTR.-No charge to be made for skylight openings
M IN on
or with Iron shutters; nor Tor elevator or hatchway
0psn stairways to be closed iu0''A"A'
Heish, TO be not over sixty feet ou -, .,
the gutter to the Level OF the sidewalk in ali cases to be
'front.' To be measured '" WV '"'sS' '"' ''"'''
Rce &c ehfs Of iron
other metal and covered with slate metal, having
having iron shutters
s m sons ny Se o
be added to the height the building below The main
in determining the entire height OF the building
Subject charges and deductions existing as per
| foot notes page "a, Rate Book"
DErIcIrNcrrs
Hof stone or iron, or IL walls be OF less than stan
dard W
Ifwitbout projections ........... Q.
II metal slate tile wooden raitcrs %
Recommendation .......... OBSERVATION-DISCLOSURES. ~
If skyght through roof only .................. o.
For every additional 1900 square feet or traction
OF 1000 square feet Of space between walls as a.
xorR@ I0zlSso rule shall apply 70 buildings covering
OF not exceeding lOO0 square feet All buildings
covering greater area than UV square ieet shall be
specially rated for the excess. a.
II without suitable shutters to rear Windows lu
II without suitable shutters to 'front.' wndows..., NY
| IL without suitable shutters TO side windows.. w
B. II without five feet parapet wall separating the ..
. building from adjoining buildings .,:......... W
.roTg.When building n Mt least ave feet lower tnan
the building side charge be made for want
| OF parapet walls
Il gutter corniccs are Of wood .............. 10
Y Skylght opening through one more hsors unless
y VIZ n0n rsLne aud heavy plAte glass not lee