, 1874-11-08

L. Sherman, attorney-at-law; ". 0. Cole, real
estate; S. ". Pease, Triumph Planiug-hlachine
Company E. 4. Burbank, for many years with
Jansen, McClurg l. Cot; L. L. Coburn. attorney
capitalist James H. Myers (Secretary), former
ly Western Agec. Lorillard Insurance Company
Of New York. The Empire represents capital
Of 5000, 600, With securities reported as first
~ moderate and cautious, the Company claim
lug that the organization is based on the con-
seryativo theory Of insurance, looking to per-
manence and natural Development rather than
to volume IN business. Small lines not exceed
ing 81. 500 are now written in the best districts
OF the city, the Company having adopted the old
Board rates and proposing to join the Board on
general resumption in Chicago.
TIE MILWAUKEE MECHANICS F1RE-ISsURAScE
COMPANY,
represented in Chicago by J. B. Be1ohradsky,
164 Washington street, an old-tlme institution,
organized in the ancient days Of that old city,
aud among the companies which haVe accepted
the situation in Chicago, and continued to culti-
vate cautious and limited business in the city,
has become practically familiar to the communi-
ties adjacent to Milwaukee BY the local associa-
tions OF long record and long history, the
general items Of this old record constituting the
antecedents Of the Company being about ~ fol-
lows: The Milwaukee Mechanics was organized
in 1852 by little community OF first settlers and
leading merchants and capitalists, for mutual
protection, gradually assuming the cash plan Of
insurance and developing q general business,
which was afterward extended throughout W1s-
consin and nelghborng States. The peraonl
character and personal influence represented in
the directory and management would appear to
have BEEN productive Of vide and general pop
ularity, manifested In IN uninterrupted growth
from modest beginnings to business Of formid-
able proportions, and in the successive enlarge
ments Of assets and securities, the last stats
ueut Of tbs Company. dating Oct: !, 1874, pre-
seutlug total assets. most OF which would ap-
pe1r to 10 OF very handsome character, at
1868 4049, with total cash assets: including over
$500, 600 in United States Government bonds,
to the amount OF 1858. 600. It is claimed that
the profits Of the business have been used al
most exclusively to increase the resources and
wealth Of the corporation, the income, under
uniformly conservative management. alFays Az
eraging large excess over expenses and losses
while the ready disbursement OF large Sums in
indemnity, ~ in the July fires in Chicago and
Oshkosh, and upwards OF $50. 900 on the Wis
consln pinery fires. are instanced as evidence Of
the organic strength OF tha Company. Mr.
Belohradsky, agent Of the Company, will be re-
membered in Chicago as the popular editor.
years ago, OF the Ndrodin Eooing, a paper pub
liahed in the Bohemian language
THE AGENCIES OF u. L. PoTTLE,
office No. 152 LaSalla street, represent fair
proportion Of the insurance capital Of st. Louis
and comprise the st. Louis, the Citizens, and the
Ftauklyn, al Of that city. An Interesting feA-
ture OF this agency is the age and long experience
Of al the companies represented, the two first
named having been doing an uninterrupted busi-
ness uince 1887. which ia said to be the earliest
date Ut organization in the 1iss OF Western COM
panies. The Franklyn VAS organized in 1856.
Tttnn 1f
with net cash surplus, over all OF $l18. 1913;
the Frauklyn cash capital Of $2o0, 600, With
handsome net surplus over I'll liabilities the
St. Louis representing assets Of S2S3, ,595.l6,
mainly Of cash character, with S73, Is CASA
in bank. The aggregate amounts disbursed BY
the three companies in tli:ty-seven yeas reach
about - ,oo0, GOO. neither company having ever
s1Gered impairment Of capital or temporary BUS
pension. The history Of each Of the companies
is said to exhibit conservative management and
Chicago have been promptly paid by the Chicago
agency.
THE HUMBOLDT INeURANcE COMPANY, OF NEW
ARK, J.,
ia represented in this city by the popular insur-
ance firm OF George j. Foljambe, General West
cru Managers. The Company is represented to
have done careful and profitable business, both
here and throughout their entire territory, dur
ing period Of many years, its general record
tho prompt payment Of losses and f.
deity to all obligations. and that the Company
has been managed with prudence and wisdom,
pursuing conservative course in all its writ
ings, Carrying only small lines, widely scattered
and avoiding special hazards. as is amply
testified by all ita Western agents. The Com
pany's losses in both our great fires were met
with great pEomptnoss, tho entire conduct of the
affairs Of the Company throughout this depart
ment being such as to secure a liberal patronage
erty-holders. The directory and list Of stock
holders is composed of the wealthiest and most
substantial businessmen Of Newark, possessed
Of the ability and character to carry the Company
through the great emergencies sometimes incl
dent to the business OF insurance,-a fact which
will be interpreted as pledge Of strength aud
stability. The Company propose in tho future,
as in the past to cultivate careful aud conser-
vative business in our city aa well as throughout
its agencles-
THE FnANE1yN INSURANCE COMPANY or WHEKL-
ING, Va
The attention Of the general community OF
is invited to the full statement
of the Franklyn Insurance Company Of Wheel |
Ing Va, which appears on our first page. Two !
things are apparent from this conspicuous ad- |
Of which is that the Company |
nvito the most public examination OF it's affairs |
.ud condition; the second is that the table OF |
assets exhibits class Of securities Of very high
character, with net surplus over all liabilities,
1hich, taken with the general condition e1- |
1ibited by the statement, reflects most c1edita- |
oly upon the character and management Of the |
Company. The record OF the FEaDklyn, |
1oldsrs is concerned, has been from the date OF
organization, twelve vears ago, record OF hdel- |
ty to every obligation and to every trust,-a /!
character and reputation conceded to it in all