, 1877-09-21
TIE UNDERWRITERS.

TIE UNDERWRITERS.
Second Days Proceedings Of the Convention.
The second tiay's tea4ion Of the eighth an
n,,a meeting Of the Fire Underwriters Aasocia.
tton Of tho Northwest began yesterday morning
nt 10 o'clock In the lallcs' ordinary of the Grand
Pacific, with the following additional prominent
underwriters present: Charles J. Martin, Pres
ilcnt, Home insurance Company, New York:
Prof. J.w. Clergyman, Canada, snporintendent
NJ Insurance for the Dominion of Canada: Henry |
Rnbcrtsor, New York, Manager Lanea'hre L.
aurnnce Company; Peter Nntman, Vice; Pre*i-
York; +. ". 4trno!d, President Equitable
Insurance COMPANY, Providence. X. J., |
W. 4. barton, Providence, Generni Agent Afcr- |
el,anti' Insurance company. provilcnce; 3. u,
Adtuster,-the i Veteran Urdcrwritei:"
The question of the nomination q ollleers and
tcct TINT came up for confederation, and II was
at length decided that The President should np-
point committee to nominate the new E1Ge,t-
live Committee, md that new officers should be
nominated BY the ConV cntton. .....
Sir. ". T. Fox. 1T this city. read papcr On
- Fire Underwriting In EnGland,'' prepared by
Mt. Henry Ko',crtson, Manager Lancashire In
s"f9se TSe eape@ Ts%Pas & IT, D. pevcrase Chicago Nam
agcr Of tic Niagara lnsurauco Company ot New
York, on "Thc Current Form OF Pollcys
Judicial Decisions Thereon" Was owing to It's
ordcrcd published, without readiug, In the utll-
ciai report Of ihc proceedings.
The scrrctury rcod volunteer paper by Mr.
George .. Coalc, OF baltimore recommending
aim mrrrhnnts. and An addition 10 tho familiar
phrase, 1I4,ss, II any, payable to" Accord
Eng 10 the proposed change. tho form Of
"A iuljows: "On merchandise. Hazardous or not
h.1amlm,s tnrIu,iiun t,tch merchandise not Ills
own but held by bin ID trust or on consignment
az he shall liarc agreed with tho owner thereof
| 10 cover by jnsurancc, contalnc.l,n etc. The
hrrshy further agrcctl thai such loss or lamaco
ns ,i,nl l,ayc been n.ccrtatpctl md proven to he
s5 s., n, sy t. SDe @ S.s1 R9s s1 Roe BE- held
Mr. j. o. Wilson, Of .thlS city, read an inter
ia. r.. lie Prevention Of lnccn,iiarism.n
portton Of liz paper. Murh Of tho prevailing
public feeling agnit,st insurance ompanita, said
bc. was owing 10 the unjust schemes OF lnsur-
rnrcc men Themselves. In Jul1ge Cary's opu-
| ion. ,ho HThrcc.t Quarters Clause" had done
| thc ctass nj nropcrty thcy Insured.
Tic subleet of lie "threc-qnarters clause"
rsye rise to an extended discussion of the re-
strlttlye remedy, which was engaged in by
| Nrssrs. Crttcheil, Ensc, Bennett, 6paudlng,
| Caktle1nann, Hall, Owens, Collins, anl ott.cra
While generally admitting the evils Of ovsr-tn-
surancc, thc opinion OF the members seemed to
he about equally ,liyiIed a. to tho merits of
THIS elnuse, and the right OF State Legislatures
to mass laws regulating the forms OF policies.
sir, tIcorga c. Clarke, Of this city, movcd
thv pppotntnncnt Of committee to examinu
nnL rcpUrt ,1tou tho merits Ut new system, Of
electric alarms devised by q Frencl,raaa from
carl, member Of thc Association constitute
committee OF onc to examine the new arrangc-
mc,1t. Which, according to hfr. Clarke, could liz
nut Into buildings at one-ialf tile cost Ut tho
1ncrrur!nl systrm, or auy other system now In
| nac.
The Chairman announced a. tho Committee
to potittnato au Executive Committee, alessrs,
C. ". Marahall, l.. II. Fog, j. T. Williams, IL.
l.. Moss, j, ii. Ncwbcrger, II, @, A1ycrso,l, A.
&. BIulrct, j. o. Wilson, George w. Adams,
Il. j. Smith,
recess was then taken until o'clock, md
In The meantime the underwriters assumed ap.
prorrtuto positions on jackson street In front
ri ttn Intel. whcre m cutcrprlsing photographer
nut ti,ctn through tn proper style.
' AFTERNOON sRsstoS.
Tho Convention rcassombIed at $50 O'Clock,
1,rrsI,lcnk I,lyrn In Tho chair.
The conitlcrnttor Of tic paper on "Lcg,s9a
tton for the Prevention of lnecndtaram" wa,