The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-29
INSURANCE CONVENTION.


exr1D DAx's PBocxxDIHes-YrNAL ADJOURN
MEKr.
AZ the opening 81 the Insurance Convention yester-
day Mr.. Murray, OF the German American Company OF
Now York. presented . resolution which was passed,
giving tho thanks ofthe Board TO the Automatic Signal
Telegraph Company and recommending the Executive
Committee to earnestly consider the value OF the
u1ruments with view to some action
communication was read by the President from
The New York Stock Exchange in which IL was stated
that the Governing Committee OF that body had decided
that adjournment from July to July should take
place. in order that the Centennial might be properly
celebrated and recommending the National Board Of
Fire Underwriters to do the thing. resolution
to the effect that far practicable this should DO
done was adopted, and a recommendation 70 the local
boards throughout the country made OF the same
tenor.
The following gentlemen announced by the
President Advisory Committee Of fifteen for the
ensuing year:-H- H. Lampert, chairman; L. y
Hcndce, s. P. Bagden s. Croweil 7. J. Chard, G. T.
Cram, w. H. Ross, D. w. G. skiIton, W. S. Denny, J.
W. Davenport, H. Ii. Hall, II. A. Howe, r. J. Smith
and T. G. Rouse
A resolution then passed that the mayors OF
cities and throughout the United States should
be addressed by the Board in regard tho OF nre
national independence, and recommending The Is
Of proclamations OF warning ana the making OF
extra provisions for the suppression OF nres
communication from Alfred G. Baker President OF
the Franklin Fire Insurance Company OF Philadelphia
read and ordered to be placed on the minutes An
bers, was read from nrm OF photographers. Offering
to take the pictures Of the members, singly or
In groups and suggesting as the place Terrace Garden
or some other place OF proper elevation. /"
Mr. WALC0TT introduced q resolution which caused
considerable discussion and in which personal
feeling evoked declaring haUthe Secretary OF tho
Board should be er-oGcio member Of the Executive
Committee. Many members spoke to this resolution,
and MT y Aliger tho secretary q The Board, begged
luton that after this year such officer should be men,
Der OF said committees. Motion withdrawn
An important resolution was introduced by Nj. HALL
As follows:-
Resolved, Thai company represented in this Board
Violating y. laws regard 70 the rates Of premium and
ihe Executive Committee shall receive weeks notice
snIsss 81 authority Of the whole Board. Adopted.
Mr. ARNOLD, of Providence, offered resolution that
The Treasurer of the Board should be crccio member
Df the Executive Committee Adopted.
Mr. .CRowELL said The rate OF comm lsson, which by
. law OF the Natona. Board is fixed at Is per cent
not maintained or respected in some OF the COM
psnies the large cities Thelaw is a2rantly violated
and he therefore moved that the matter be specially
referred TO the Executive Committee who should re-
port at the next meeting Of the Board Adopted
Mr. CHARD, OF the Fireman's Fund.- OF san Francisco,
complained that Investigations OF abuses, under rating
gated by special agents. and moved that any devatons
from the proper tariff be promptly looked into by tho
bureaus at New York Cincinnati and Chicago be urged
to increased promptitudc and vig ance. Adopted.
Mr.. DAVIS, OF Philadelphia INTRODUCED a resolution
that the Executive Committee be instructed to add TO
he Advisory Committee two members during tho year,
At their discretion. with the sole provso that ono
should be from the West and ono from tho South.
A resolution OF thanks to English companies was
then passed by the Board for extended to
President Oakley during his recent visit TO Great
Britain.
The following resolutions were presented py Mr.. D.
A. Head, OF the Homo, New York;
Resolved That the maintenance uniform rates. wisely
adjusted to hazards should .hroushcas the
ouutry and the answering allegiance Of this Board TO
Resolved That while recognizing the services Of general
nd special s sns unon we des,s %
body again give them our thanks and pledge them
Resolved That the thanks Of this Board local
boards and cooperative for ,he noble manner in
lain q uniform tariff
All Of which were adopted.
The report OF the teers Of the result of the election
Of officers here received and IL found that the
entire list pubnshed in the HERALD yesterday was
elected.
Tho new President Mr. George l. Chase, OF Hartford,
conducted the chair by Mr. Hope, and made the
following address,
my thanks honor election Al
presiding officer 1t shall be my constant aim to n this
position a sSIs and
svsrwhs'med Il shall my and duty to snsan
and erpstuats. lies, organisation you
"a ch.n y no ba thsn s u When
member to think Of his Shortcomings and
REFORM
NE g. b. BLAoDxs, tho late secretary, hers entered
the hall and addressed the Board the subject which
had elected such warm expressions from members
earlier in tho day, vzthat Of the Secretarys
er-o0ici0 member the Executive Committee. Mr..
Bagden explained the Misunderstanding among some
members in regard TO the matter, and very hand
some manner moved that the subject should be recon-
audth o mr. Spcr Stcrv In ~
such member OF tho committee. Adopted unani-
mously
Fire. addressed the Convention regard to the great
importance OF the companies strengthening them.
selves so that when the next great nre comes-and u
selves with honor He said that the holders OF ins1r
stocks unlike any other class OF investors
their faith in them was almost matter OF Inheritance
We need this National Board TO know and note what
the changes the business throughout the length
breadth Of the land; We need the largest aggrcga-
ton OF companies SO as to have the largest aggrega-
ton oil experience. He paid glowing tribute TO the
aiIhiulness of the special and general agents OF the
companies, and concluded by Offering the iollowing
Resolved That Advisory Committee OF Fifteen call
The attention OF Insurance. companies not members OF this
Board Tor all inform general good and TO invite
heir active corporation 10 that end.
Adopted
Mr. BowKxR, OF Boston, who represented the nrss
Fire Board that city, wanted 10 know whether the
members OF the National Board intended 10 furnish
Bullicent To continue tho Boston local Office
pther year. member stated that this was already
provided for.
The retiring President, HExRY A. OAKLEY or the
Howard OF New York, made very felcitous speech in
return for vote Of thanks rendered him by tho Ma
tionai Association.
After the announcement Of tho retirement Of Mr..
Stephen Crowcll from the Executive Committee, after
aservice OF three years. the National Board OF Fire
Underwriters adjourned, aftcS meeting Of exam
pied Interest and the Of business important
20 every insurance company In the country
The newly elected Executive Committee Of the Ma
tona Board Of Fire Underwriters met the close
the annual convention, and organized by eectng Mr..
George T. Hope, of New York, chairman. The commit
then adjourned, without transactng any business
until the second week In May
ROBBING THE MAILS.