, 1875-03-11
INSURANCE.,


nsoohHNAe'
THE NATIONAL FIFE, or PHILADELPHIA
Durng tho 'aak 10" days r1imorh have boom tn
circulation shst tho National Firo aud Marine
| rnsnranec Comnnnr. nj rh+1ado,pb;a n ro,nna,v
v,el, ,,a hoon d,;,r ,,.,*, f.rva h., .,rnas T.,
III" 1 .vs ,',s "lso business a. ~
ta's c'ts' A"u lal'cu "nd tilss n! ehofta OF inc
esedsofa 10 eet anv satisfactory Information
| ,nro Tn1uuSE reporter cu,,ed at tim ofr1co of
| ,ha aco,,.n sra...s CO. ,s =. Wv 49, -.
~ s ,'s'',.;, ~ n"as' ua' " wv
.Eo' 10 Haaho inquiries IN regard 10 TINS hahtor.
Mr. Amy, tue junior member OF The tirn, atatel
| to tho reporter that tits run,ors. SO far "a tho
fni,uro nr t1,a comnanv w.. corcorrod ,ro,o
cor,sct n In ~. ~ ~, ,,rst,,o ~ w. 80
sotass.. uus w. "as as ss. ueo'e 70 s'so an5
lnlofn'AtIon az 10 tho intention OF tho Company
regarding tho ctaims Of the crcdtors,
Tho Directors wore to hold \ nae.,uu
At Phtladelnh3a tho noxt dar md aoci,1c WHIT
action to taIo nndor lie cITcumstancca 1Jnii
La confi hcnr from ti,nt ,nantfnr In r,a ,n,1,i
to ciso any Information md ie hono nTyIe Tm..
Tntn1,sr wond NV ,otIno aio,,t i1a ~ tt.r ,or
a div ~ two' J,v that linz hn Tn"IS +" aSt, =,
rive a f,l an1 entsfeetorv ,tate,ncnt J 10 I'm IN
tanv,a tro,,hto rnnj1 'nnnacn.a,r;i" oi.r,, ~.
crctnrs mi crcain nan, and t,'oro ,.as t1,e ~
ncceasiy For saci, ti;pe s* tIe % eom"suv "nn nnht
be abp to sot,je in fuIi. In nnawcr ~ t.o n,,ca.
linn.
ur,r rc,rsr, ru,a ,,..urrr
Mr. Aear st.ta t;,at IL, iassas ~ to r.or,r,,r
dn,inn thn int WAR Ind hc.n immon.o Thss
]ossca thro,,u1,n,t f,,c i1i,sd g.oto n,,ctot y,
orar sl1, nI ~ w'ch nror m n III ~ ~ ~
nlaced 10 tho aeeonnt Of ttia ctv With H. w. y.
rninto ,ifd ,,nt nn,nn,,t = rs,,h r,erc ,i,
thnt smnrnt Tjcn fl,c statnmnnt ,nsJa -, ~ MAJ ~
;In,rrsr Ia anmmnr th,t thn ron,n,';, t"s t..s
tnauriollv In a Ind cnniiion ei.o dit} thcn! ,n,,c
.rr ana m arconnt NJ ~ ss IN M srnrt,. -
noiirie. ynrc canccled' t.1nt ssid ti,a ~.
noricr' " r,ocn vo,r ntatemcnt th,f In r.omn,nv
ios. oycr 800 60o during tho last wear no; sl,ow
t;,ncr2 N .onsarrot;ro n.,d t,,sSn mSn
thoir rsta IN u,rh p,ennnr ,,ak n ,so,,It no..
sibty losn auch m iumc,,so on,ount of mnnev."
Mr. Aaay admitted tlIat tho CoInpanr 1iad hecn
civ. hoHeyor. yas couducted With croat carc AMI
ca,ltlon, Thoy did not write anyt|,inr here az
rrnt what t1cr cnnsjfcreti f1rat.clasa r;s1.a ut
thoY lost Ioayly in tho Juiy tjrn. Thn
principal Cause Of tho failure Of tho COMPANY,
Iii. Xsa7 Went on to rsy. WA uudnnbtcdiy
mismanagon,nnt. Thero waa hnt mn man cnn,
noctnd w,sh tho re,,nrnl mnnaramcnt vhn knnv
ANYTHING about insurance mAttera. lie was.
mako safstactorv arrsnnso,cnta ~ ye% tha
crodttorn in Iay or two. The reporter nrorn,sed
ia WIT thnt ienrfl, Of lima withnut n,a,inn ~.
wort 10 a. to eve tho Comnany a cbaneo Ia do |
tho fpir thinl with tho creditors.
Yestsrday sho roporter easd aca,n At tbo o'1,co
Of tlc agcnts, Ho was informed tLat tba D,rect.
snd tIot M ~ I'm I,iroctors vas a., liz
fhiR cft Inv tin afTntra cntnrs,,v baf,
tbo creditors Ind ~ - '1' et"A' 0'''''
@'0 '' ,fAxE m THEN rno,xs1r,os.
t So nr So % a
tho company's .frairs' 1''"''' Ao''''' "0ou'
I, is, boweyor, mudo,ntood TINT shs debtR Of
The 6omnanr far lin n,1ietandnr no1fcina .nd ~
oas ~ in I,,a c;tv aio,n .mn,nt - ,g"r ~
It II aso learned lust tboY intend to oirer 10 thc
crcottors an cnntt on the doinr rt il r. H. con
eral GoIof that ;hc COMPANY can nav morn .hsn
TINT. 0S'' ''~' W. e'4'p"'' eAA p"' '4''o 'n"n
The N.t,on., Fire md Marina 1narr,,,.
Comnanv. ~ phtladnfnt,ia. uns nrr1,izsd ,rioe
she lawa of tho stats Of Psnnsrlya,,a il Alr1,st %
isGi At tho t,mo Of tbo chIearo IL ire ahIc,
corre1 ahortiv .itor ths Comn"nv i. W.
in lila civ an5 consnononty ost no.,'i+, =
!Ls: sa|saty ri Tspssts s r actually paIi-ap
is7i. wero % 1enorsed At SS591it e Il IN howorsyr
rorr douhtfl ,yi,stnsr ~" rnnn,nv n, "!'n.,
nno, ,fnrtl, al ihst ,monmt II. AZ Ar1ito. VI
Nav York examined into ite affairs 1.at smn,n,cr
.nn tIndinS th.ir ssse,s ~ nnt wh,t t,nn @
rnnres"ntni md ocIslivunsstisfnetosr y5 "ut9
tt,pt n,.t - 4. Gt.ts 49, ,oIaereu
ras,Mer W. t,eo,har ~ ~, 1ncxt tSos1uy oar ~as
IsonrJ. "'' ~ >A0 4@~e' A'' -'~'ona'
sagder l. A,,v'o aroucv Inn b,en ,srv ~,
tortunnte witi, H. cn,nnan,on t,nrinr IL ,...
.;t " s e .no 'to 'ha' hsa 1aod
'''''e' $50.
THE usnrnwnrrrus
The Cbic.co l,nari of ii1kleIwrtcra ho,a
nnoting rcstsrdav stternoon a. thsir roa,, no
l27 In Sallo sI,eot. I,roaiicnt Jnnnth.n ncHI ~
rjn In IN ch az ''''"'A' ~o'"'"NH oooo-
Thc main i,sinca. bcfo,n thu n,ccarr ,v,s ~.
consideration Of ts bI of I;rc
Ayars for hia INV frnm I'm Tina Nj nr.lo w.
,nnointod untll Atr. Mooro Wna cnnstrn,oJ
,,at,. " sooos xooo' Iho uoaes"Iltets
"a .hja monsv M Ia m1s not,f,1 a. sba tin,n
Nr. Drsloa annointmnnt thst m ,nnpo ".,o.a -,
t1 ~. - apto'a.neas tuAt ~ 4olo ea!aty
m thn nthcr Hnna s;,ms1s .,,,t H. ar.ai 'A.n
,nrya for nnthnr 1,rnvi.ind In v.s ~ -nn1sctn, ~
bo Office, but "a 10 waa not fa.elcc,cd
70 vas entitled to hts pay up to tho time