, 1877-08-05
INSURANCE.
The Riot Clause in Fire-1n-
surance Policies.
Fire Policies of the Great Railway
Corporations.
Furber's Pluck in Fighting
His Enemies.
Danger Of the One Nan Power in Life
Companies. 80
INSURANCE.



na,,,o ar rossas
o"7seo oA
speeiat Correspondence Of The 1rtot'ne-
New YoK6. Aug. Ia point Of prime i'm
.x+.,.n q. ,ho ,o,o,,.,,;tr i, connection ,,.i, h
".-,.a. - ,,ha.ho. h;i,3;rn
burned BIZ reason OF an adjoining building being
..ai ~, .,;,;, a,o;,.,
Aeo W aAo@e4 ~ eo's'S' ~ p.
1855 Dy uFe- iue1e He no Two oFtuloAs A41toae
uudcrwriterB on the subject, but it Is under
stood that claims will be mule upon the compa'
MICS for the loss to grain contained In the Penn
syivania Railroad Elevator at Pittsburg. Tho
companies will unquestionably decline to pay
They refer to the clause which is uniform In al
most all American policies, III which they arc
held exempt 1t reads as follows: Nor 1or
any loss or damage caused by invasion, 1nscr-
rett,on. riot, civil comuotion, or military o.
.,,surped pover.'' This clause, now In universal
use, is first found III English policies Is
sued as early as ITO. Prior to that time
Il vas limited to ipvasious. foreign enemies,
and anr military or usurpcd power. IN 1123
- -. -i,.e ;r Enc1aoa and losses br fire
1ne'e ~.,o ~, a-.,- . ~ t.,r .,t,;n.1z Which did
"hlcn leii se,cl11, ~ t.s,1 Thsr r,s;e,,d tba
not adopt th!s e1ause La 'oii. lucy Aes1'.o w.
1osscs, md the casts were uecloco snore 1naa
century auo, when Lord Mansfield gave Judicial
rternrrtstion to each clause. ard this inter-
-. go. .1;,..., -, x,tia +he ,roennt
Q1etat,on ms oceu a1n 49,. ~ "''s
day. he says OF tae "'fo liot'
three persons o. more. Nhefe Tue ouse , -
.royed By slotous assenbia:e nn9s. .he e.
I've elahse o., 2, 1ne nc ' .e is ,,amaeria tat tnr
,nr. hsxe ~ a.scmuca ior 1aw1c purposes and
@ a Of ss ss Ts j. , i + ysss &
= cri1n.nst ri prosecution.
THE PENNSYLVANIA RAILROAD INSURANCE.
This mammoth corporation pursues mixed
,,o1.cr ui,b resnect to lis lire insurance.
e....,,z o,,,,r,, tho ,rnncrtv des+rore.l by
s'i"a:e'' ,,,;.h
the MODS at r.l.souse Mas NV p ausa.ea = a-
tac City sad RAILROAD Fire department II Tas
deemed a waste Of money to pay for insurance.
rha;r ;,,,nc,sa wort shons at Altoona. West
,nl - 1so,' 1fa,,aou.s n,,1 .leot tho,r
:alaoeipnla' aou Jersey ne-soe" - "no '.'o 49,
property in this city, are allinsured, in at least
inv comnaoies. each carving only an ordinary
~ IT,, ,r.s ,,o,,s;,crot,,r ,o,n,not:cn snonr
1ne' Ane'1 "'7 S n....,.,..~ go
those ofnees tno aa1 aes une d,,'d a., ~
when IT. vas iefea .ns s."i h moa rhra.,. ~ ~
the Comrany's e1aploSes mere; threats o1
cancellation we're lIcely u;aoe, oas nata4! sne
companies lntefcs!cu 'eaaeu the1, !opcs nPou
thc non-lanly cause a. .ie1 py.,ete, au'- d
now congratulated upo;l their lncky eseape'
Upon the Ere Kosd there ] IS one immense 1nt,,s.s
polisr. covering fesrfa nunaFea leens' issue.'
By the Royal, 0f liverpool. Inc amounts cos-
cred Al hummelshine, upon az inc snops anu con
.oe tSn5s of d :1u % Il hat octy M
the Esks covered by the Royal policy to over
Sl>ojo,0". tortchatelf Ing company
does not carry tue "noie l'ne. pus
has Large lines oi reinsurance "a tae LlV-
c1pool Lon1on q Glooe, Laneasn!5e: n'
there Tas naa,icSt aIS aiIiSfon. .ne agents
ol tx not primarily from the fear of liability
from fjrce Sndlcd by mob in open daylight,
lmt from those secret incendiarry fires which
The Royal poIicv covering every depot and
builains belonging to the Corlpauy, it was
natcral that he fear. Of secret inccndiar;cs
should cause anxteties Tho road has never
bcru profitable ore to the underwriters, and
its losses cyery year have been in excess OF its
nreni,,,ns. m mum 1 s;yike arlons employees is one Of
Tx dreaded c]cIncnfs of moral hazards which
,-oniIe thc ,;rca,,s of un,lerHriters unon al
E;nae n sncc;ai razards. Int nothing ike the
rccen, experience was e3cr 1elt among the com
t,ssc;e1+r- "1''en A410sS -@1ti4
rusr.,r7aru rrpnup =.
pro.,.,, ,o man in tte BUSINESS has attained
.,,.~a rn1o;,cnta. az ~ acnured s1,ch o.. m.
en.sau'i ftUxhte' H. ~ euoa ha :. d"na.',u,i
nehsy .. tusoe1' ~ vtso oae ne - t,!u h.id
asa t nu ~ tnT ~ oNISh Ehar.r usu
~ 10 .1'e nu,u 40 ,e1s1s', N,r,h A1nna;os
oak- ihc sa'1of OF uuafu1aI, Solt al!acsNa,
ana thHersa1, anu slaut IL! stneta. EuVnS
ms persona! tfaen1ts odoe., hnG"n ,:s:l
as a saasp. shse"u ana poi1lc'
lndlreaa constantly on Nae alett 70
do the greatest good 70 she greatest numbcr,
provided always that that number is nuinbc'
onel de is plucky, and viii never desert Lis
post until dr;Ccn from it By force. The rn1nor
that he had fed to Europe shows how little he
r. ENt nfk$ST