The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-28
THE INSURANCE CONVENTION.
SECOND DAYS NEUTRALITY-SUSPICIOUS. And
BUsINEaa

SECOND DAYS NEUTRALITY-SUSPICIOUS. AID
BUSINESS
Yesterday the second days session OF the National
Board OF Fire Underwriters commenced At eleven
O'Clock.
Mr. George Hope or the Continental Fire Insur-
ance Company, chairman Of the Committee Wind
Currents road very interesting report that sub
ject the purport OF which that long correspond
ence had bcen held with the United States Signal
Service Bureau at Warrington in order that statistics
could be compiled to guide tho IRE insurance
panes Of the United States taking undue risks
in places where the wind hazards proved be the
greatest For instance In town il 10 proved that
the average velocity OF the wind is not 80, STA
miles per annum while In others may and does attain
great velocity 106 1892 miles per aunum Tho
great fires OF New York, Portland, Chicago and Boston
then cited to prove that high winds have caused
greater CONGREGATIONS than all other combined
gross should be pctitioned to place il in tho
power the Signal Service Bureau to give the National
that the members Of Congress from New York should
be especially addressed on the subject The report
motion then rccommtted TO Aessrs Hope. How
ard, Crowcll and smith, with power 10 net.
The next important business was the report Of tho
committee the recommendations contained in
President Oakley's address, Mr.. y. Hoaid chair
man Of the committee, presented the following
Resolved That ncxpedsnt adopt the Presidents
sass S. S Ss b to
call general meeting In September Of October next q:
interests Of the business giving thirty days notice prsv
Resolved That advisory committee shan b formed q
two members each Of every company National Board
MONTH that ,secosdins their election !. ~
Resolved Ts. .ss plan il use By the Chamber Of M In
resistance against unjust laws also that secretary should
sgsas,on and hat The committee should sndssSor TO
bring about union OF tho entire insurance interests Of the
Resolved That committee ave should appointed
ttute for sperm oil petroleum. that prsc-
tcal tests should Be furnished the National Board.
Resolved Thnt Mt least years. practical test shall b
demanded Of all new inventions pacnts machines &c.
before they BIO brought to the notice Of the Board
Debates the above resolutions were held with
closed doors, and at halfpast three O'Clock p N.
adjournment was had until four O'Clock p NJ, when
TmE oPxS SESSION WAS RESUMED.
Mr. Elisha Aiger secretary, read each of tho above
resolutions and upon q vote in full Board they were
adopted seridtim, and the Committee OF the Whole
then discharged Tho report OF tho Financial Com
fiscal year from April stated ut Sill, 413 and
assessment Of our-tenths OF one per cent the
agency premiums directed to be made on all the
Board members Tho Committee on Arson and In
ccndiarsm made Its report with recommendations for
future work.
Nomination OF officers for the ensuing year then
In order The Committee ON Nominations reported tho
following names TO the Board:
President George L. Chase OF Hartford; Vice Pres
dent Charles Patt OF Philadelphia; Secretary, Elisha
Alger OF Now York; Treasurer, J. S. Parrish, OF
For mombsrs OF the Executive Committee-D. A
Heald and j. w. Murray, New York; J. l. Hcndee and
Bennett Jr Hartford; A G. Baker :, fo and " G.
papies; d. r. Smith, OF Springfield and j. B. Halo, OF
Ohio At large-G. T. Cram, or ST. Louis and George
T. Hope, OF New York
been able report the ballots for officers the Conven
ton adjourned until to-day At ton O'Clock