Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1875-09-01

capital stock is 1901 900, and the os,.
at No. 10 Madison street.
GREENE & LUcAs.-These eentlam..
have been in the business SO long Tho,
they may be set down as experts. Tbsv
represent several large compe ris, ana
do a large FIRE, inland and marine in.n.
ance business at No. Is Madison, in h.
half of the Liverpool 4 London ana
Globe Insurance Company, which b..
$2O,OOO,OOO cash assets in gold; tbo
Continental Insurance Company. AZ
New York, and the Phenix Insurance
Company Of Brooklyn, with cash asset,
each Of over $4,000, 900.
PEsPLE's INSURANCE CoMpAxY.-Mem.
phis is fortunate in home fire insuranc.
companies. Her capitalists and bps;.
ness men carry much Of their own in
%surance, and freely invest their means
to sustain home companies. Among
those safely and judiciously managed i
the Peoples Insurance Company, Of No.
l6 Madison street. The late lamentea
Colonel w. B. Greenlaw was President
and gave his best energies to its success.
full management until near the day ,f
his death. He is succeeded by Colope,
VIM. M. Harrington, who was always an
active member of the Board, and il
noted as one of our most successful
fnanciers. The remaining directors are
H. T. Lennon, Vice President; j.. A.
Simmons, Secretary; G. B. Church,
Enoch Ensley, John B, Robinson, John
0yerton, jr., and W. E. Greenlaw. The
capital stock is $500, 900, and it is re.
garded as a safe and growing institution.
HOME INSURANCE CoMPANY.-This il
a young but very prosperous fire insu.
rance company, in good hands. The
stock is rapidly approaching and none
on the market for sale. Louis Hanauer.
one Of our shrewdest merchants, is presi.
dent; F. M. White, a well known CAPT
talist and railroad man, is vice-president,
and r. P. Boiling, Esq, secretary; Gov.
Porter, E, Urquhart, H. Wetter, M. c.
Pearce, of Pearce, Suggs & Co. and 7.
r. Haynes, are directors. The capital
stock authorized is $500. 900, and in time
it will no doubt be filled ont. For pru-
dent risks, careful management and ju.
dicious investments, we commend the
management. Thus far its losses have
been light and its profits very large.
GENERAL REMARKs.-The insurance
business has fallen into the hands OF ex.
%perienced men of late years and is re.
stricted to its legitimate channels. No
wild risks are taken by home or
foreign agencies. All risks are
written aud watched very carefully. The
passage of two laws n applying to life
and the other to fire insurance eompa.
MES, both framed after the long-tried
laws Of New York and other old States,
by the last Legislature has given a con
idence and stability to insurance inter
ests not heretofore felt. The tax is sui.
fcient without being excessive sand
the restrictions are all that human ex.
perience and ingenuity could suggest for
the protection of the people; yet we
would advise the assured to investigate
for themselves and look personally 10
their own interests. AT the-same time
we commend the whole insurance frater-
nifty Of Memphis to the public for up.
rightness, fair dealing and liberality. II
the mercantile interests Of Memphis are
her right hand, the insurance men con
stitute her left hand.
MISSISSIPPI VALLEY Insurance. Cow
PANY.-This company he's an actual cap
ital above surplus of $780, OO. Its busI
ness is conducted very quietly and upor
strict business principles. The Presi
dent is Mr.. 7. B. billiard, a safe business
man and successful merchant, and thu
Secretary is Mr.. H. Gronauer, vel
known as a careful and intelligen
underwater. The Directors ore al
successful business men, the most o
them large property owners, and thor
|, oughly identified with the material inter
ests of the community. Risks are takel
on FIRE and river at as reasonable rate
as the company is justified in receiving
All losses are promptly adjusted. Its
! business is transacted on a safe basis
and the Mississippi Valley is prCminen
among our local insurance companies
We can, with confidence, endorse it
+ management and commend il to tn