, 1874-11-24

MEM OAlAEAA6 l1AiATtE5
Considerable trouble has lately been taken bv
THE Tribune to expose tho many bogus insur.
auco companies which arc trying to take ad-
vantage Of the withdrawal Of tho National Board
companies, aud rcap rich harvest while the aun
shiuoa. Many OF these fraudulens companies
wcro thus compelled to closo up shop before
they Ind fairly started. Still their remains d
number Of thom which do business In this city
through solicitors. Most Of thcso solicitors
aro uuscrupulous follows. who are exceedingly
smooth mud oily y-touguod, and well yqrscd IN tho
art Of imposing upon tho ignorant and unwary.
Tho West Yirgfnin and Now Jersey INSURANCE
Companies, which layo already been oxpoacd,
alh now keeping in tho background. There
have. however, since thnt tlme othur companies
como to tho surface which ate equally bad, and
even still moro impecuuious. A lottor received
at tho ol1co Of this paper yesterday from Now
orleans from former citizen Of Chi.
s%ss Msys 71ss fa 'sf Wild punsfF ee2 nsu.es ns as
companies were chartered at Now Orleans BY tho
last Legislature. These conlpanios do not at
tempt to do business III tho utter city, uor hayo
They any Office tlaeye. Tho officers arc T. Set Of
non OF tic Mineral Mountain, OF West Virginia,
or tho Secretary Of tho dcfunct Atlantic { pa-
ciGc. who has nov LETT thacty, hs victims having
made M effort to Inve h!m iuuicted by tho
present Grand Jury.
as thrir main base of ocerati Ions this city, be-
cause 1t Offers tho widest tiald Tor tllom accord
| ing to tho statements made. Tho uasnea Of
these companies are: The WorlIingnons, the
| Atlas, the Trades.ncn's, and tic Merchants.
| Thu latter company IL trying to pass itself on
| for lllo Merchants' Mutual OF Now Orleans,
| which is eound company. Tho people Of tliu
| city, If they do not wish to be imposed nron BY
solicitors, but to csll at the offices Of the
panoa ard Aatisfy themselves that they have tho
legal right to do Gisinosa sn this CITY.
ANOTHER. NEST yiAu1SiA COMPANY.
Tho Brunswick lito and 6tnrino Insurance
Company Of Wheeling, W. Va, has lust en-
tered tho aleoa to assist tho other Wost Virginia
companies in insuring the people OF this city.
| This company, like Several others OF that part
| Of tue country, is baid to hayo beon organized
| by that Prince of insurance mon, htr. lIooker,
Secretary Of tho dcfnuct Great Wostcru aud At
| lnntio d. Pncilio Insurance Companies of this
| city. The following circular, which will explain
! itself, il now being circulated throughout this
! city:
anco Company, not having pail up thu requisite
amount uf capital stock to regularly qualify under
ilnee on bpecal we'll ordinary huzartis through
out your soeto. Tho Company will pay 20 rer cent
com1nasIon net rrc's'B being payable Oh Or before
tho 10lu Of tic month succeeding that in which sad
btlsineas shah have been PLACED. Our motto In, small
lines, well scattered. aud no moral hazard" We ne
tc!pato eventually Qualifying aud eatabBling regular
Should you desire 10 have us w1lto anything for you
your apptication accompanied by an nccurate diagram
mud full survey, will RECEIVE rtompt attention. Wa viii
xenl you blank daily reports If sou dcAre. Awaiting
your fasoss, am, truly yours,
| +. T. STRICKLAND, Socretary.
TIE st. LOUIS FINE.
Tue large fro in st. Louis ia viewed with Bnmc
satisfaction by the insurance 1ncn Of this city,
il demonstrated that there other places besuek
Chicago which Aayo not all the requisites de-
nlauled by tho National Board, and yet tllege com
paniea make no effort To Withdraw. 1Ir. Smith
tAo SECRETARY Of tue Traders in tl,ia city, which
haH slieltiy suffered by that Ire. played quite /
prayticnl ioiio ON the General Agent OF his Com
pany Mt st, Louis. by informing hin, to cease un
derwritng iu tlnt city until certain requirements
had boon complied with. Tho agent imsnctintel,
aBkel by telegraph wAat those requirements
were. aud the answer Wep1 buck that tho Com
pany would not resume unsil tllo people OF st
Louis secured At loast The oyercons OF Gen
Sllaler.
sotno OF the insurance man who heard Of tn
action or tho TradeEn' wore greatly pensel t]la
this time T. non-board company had teNcn th
| initiative. 1t was tho general opinion TINT tn
people OF Chic 70 could not H}aro o7ou the over
cont Of Gen. shaler, but tho pcople of 81. loai
| might hnyo the serVcca Ut Commissioner Stnrlla
il they 10 deBjred.