Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1877-09-10

twenty-seven years OF successful and un-
iformly progressive business, with con-
sentative management and judicious in
vestments which have characterized the
history of the Company, its patrons may
feel assured their interests are we'll pro-
tected. The President, T. o. Enders,
has identified with the Company twenty
four years. With his executive ability
and untiring efforts, and the co-orpora-
ton of an efficient and honorable board
of directors the company has a guaran-
tee of successful future.
The Etna embraces both the "stock"
and mutual" plans of doing business.
Let us now look at the Connecticut
Mutual, an institution operating purely
on the latter basis, and see whether or
no the public may feel safe in putting
premiums into its hands. Here is an
other company, which was born during
the infancy of life underwriting in this
country; and after thirty years of bus
mess during which it has grown to be
the second life company in the world
in point of size, it can make the rare
boast that the finger of suspicion has
never once pointed at either its solvency
or its conduct. What words of lauda-
ton could be more eloquent than those
facts, backed by the fifty million of as
sets which the company possesses and
which need no sitting to bring them
down to cash basis The laws gov
erning mortality simply preclude the
possibility of disaster to corporation
in its position except through gross and
long continued mismanagement-a thing
too foreign to the traditions of the COM
pany to be considered for moment. In
this regard it is enough to say that
President Goodwin who has filled that
Office during almost the entire life of
the corporation, bids fair to give it the
benefit of his wisdom and experience for
many year to come, as does also Sec
rotary Jacob i. Greene under whose six
years of direct personal management
some eighteen millions have been added
to the company's assets despite the uni
versal depression of more than half that
period.
In the two grand divisions of life in
surance we see by the above example
that the bottom has not fallen out, nor
any thing like it; but there is third
variety, of growing claims and import
ance, represented by the casualty COM
panies. Casualty insurance is the latest
development of underwriting and was
introduced into this country about a
dozen years ago by James G. Patterson,
the present president of the Travellers,
which presume is pretty well known
to all of your readers who have been in
side railroad depot any time within
five years; and the way in which he
started it is we'll worth telling. 1t was
early in 1864, shortly before the incor-
poration Of the Travellers, that Mr.. Bat
terson was approached on the street one
day by an intimate friend, who loosely
asked him how much he would take to
insure him for $4,000 against accident
during his trip home. distance of about
half mile. 1.-Two cents" promptly
replied Patterson. Done said the
equally laconic applicant for insurance,
forking over the required premium and
thus was perfected the first accidentpol-
icy ever given in the United States.
Luckily for Mr.. Patterson, there was
emo loss," and the premium was clear
profit. Those two identical coppers are
now framed and hung up in the home
office of the Travellers.
With this brief sketch of the three
Companies that are first in their respect
i've departments, | must leave this sub
ject for although Hartford is largel.
given over to this interest, it is not al
insurance The buildings alone nigh
form the subject of letter. Here
the Connecticut State House, the fines
similar building in the country. Her
Is the palatial residence of the late Co
Colt of revolver fame, a manor hous
surrounded by meadows, groves and gal
dens, with fountains and statuary a
6Jitam, and an English deer parl
This is one of the finest places in tn
| country and bears the appropriate nan
of "Armsmear. Here, too, are Il
e handsome and picturesque residences
our great American "funny man, Maj
D Twain, Charles Dudley Warner, Mr.
9 Harriet Beecher Stowe, and many 9TH
D literary lights. And last but not leas
Y here is, or rather here soGS, the Chart
4 Oak, which gives its name to about e
|. cry other street, building and institute
i in the city. l have seen here a go'
!. many pictures of this remarkable pie
r of vegetation, but don't think tn
: can any of them do justice to its siz
/ for am prepared to make affidavit th
n in my various wanderings | have ;
e ready seen 1000 cords of its wood ma
"a up into relics, and have no doubt the
>. is as much more scattered over t
r country. Indeed, there is whisper