New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-04-24
INSURANCE INTERESTS.
CLOSING SESSIONS OF TIE NATIONAL
BOARD.


CLOSING SESSIONS OF TIE NATIONAL
BOARD.
SPECIAL TAxrs ON POLICIES 10 MEET LOCAL TAXA
ToN-EiECII0N OF OFFICERS-LONG-TEBM POL
ItI.s On BUSINESS BUMDINGS-MEMBLBolIr II
THE ORGANIZATIONS.
The sessions of the annual meeting of the
National Board OF Fire Underwriters resumed yes
terday morning, President Oakley In the chair w H..
Ross presented the report OF the Committee Origin OF
Fires, Patents. and Gas Machines which accepted
and referred to The Executive Committee George T.
Hope, President OF the Continental Fire Com
pIny delivered address the influence Of the win Is
in different parts of the country with relation to fire in
suancc risks He concluded by recommending THAI a
committee be appointed Ia correspond with the United
States Signal Service department. on the subject The
subject of special policies OF Insurance. meet
local taVaton, referred to the Executive Committee
with power Following the officers elected for the
ensuing year:
President, Henry Oakley; viccPrcsdent, Geor,e J..
PnTrish; Executive Committee -tepien Crowcn, d. A.
b Smith. Il. Lockwood, j. Il. Han. George =. Cram.
Henry Kellogg, aud NJ Bennett
George L. Chase presented the report Of the Special
Committed Recommendations IN the Presidents Ad-
dress The Coamittee ,de the following enda-
tons. which approved by the Board
Resoid That tie Treasurer be peber Of tho Executive
Ee1icd Tiat The Statistical Bureau be united with the
Breau Of legislation ard Taxation to bo eutd the status
cal Bureau secretary shall appointed suitably
compensated Executive committee and whose Wilde
time 81 all be deV DIED 90 its service.
nhe lOUr Committee does not recommend hut would
discourage the practice of writing Ion g-icrm policies
buildings used for business irpOses IL does advise that
the scale OF recommended by the President That
class of hu nes> he adopted and that the restriction of
that class of policies 10 buildings only be the rule OF this
y tiOnal Board.
Resoised Thai recommend the National
WHO knowingly gives ia cOg1ant
nj violation OF National Board ta1
lies by local agent under his its Supervision and
immediately ealCl the shall
L,ll Onsblt and iued la lhe local
hhod for SIM - oder
EssDe That all local boards being under tho
pay National DOarl snic tbO snCb local OoiIds,
subject the direction O this Executive Committee AMI
liable he cail. National board work when not
a1tuay ed IN th,iT resectN local organizations
MIR. Perry offered the iOIJWHs, wnc1 re.orrGd To
the Executive Committee with pGwer
ResDlrod. That membership IN the National Board shall no
membership Of all local boar under the jurisdiction OF TIE
National IDarl
DL1ns the balloIing for OH question raised
"a right OF the agents OF the Royal Insurance Com
pany Of London 10 vote and the President decided that
tne Company entitled only 10 vote. and the dc
entered against receiving tine vote OF the Brewers and
MaliStcIS' Insurance. Company on account Of nUDCUm
liance with the rules of The Board, and The representa-
i've OF the Company not allowed 30 deposit Che bal
lot On moi ion OF u. II. Smith the Executive Committee
were empowered Ia add 10 their number representative
from Chicago, Boston, and the Southern STATES. Tue
thanks of the Board rendered to Thomas H. Mont
Underwater, for tine OF their rooms, after which
President Oakley accredited TO foreign countries
the of the National Board. The Board
then adjourned sine die