Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1878-01-15
From the Baltimore Americana
Absolute Indemnity.

SKETCH OH The LiYERPOoL AID LONDON AND
GLOBE INSURANCE COMPANY.
The best outgrowth and representative offlre
insurance in the world is The Liverpool and
London and Globe Company. We make no in
ton the rst place in this 20 ns iDterest
for the record of the Liverpool and London and
Globe is triumph of seurd insurance princi-
Piles.
The record Of the Company is one of unparal-
leled honor and success. The nature and ex-
tent of It's business have brought upon it severer
tests OF fidelity than would be possible in any
other department Of activity. YET il mas. yer
haS Pabg Az II eoaaaee ii as this his
connection ppon trying OCCASIONS has keen
erallty.
Tho greatest loss that has ever fallen upon
any fire company was that which the Liverpool
ana LONDON ana Globe experienced in the Chi
cago fire of October ISL the sum being 50 23 V9l
And almost the first breath of hope that came
to the business men of the stricken city was the
cable message assuring them that the Liverpool
and London and Globe would pay all its losses
without the usual sixty days grace. This mes
says slaa qcGompaniea by ingtrpetjons to the
for the MONEY: and further contribute $4,000 to
the Chicago relieffund. All this was done with
out dIsturbgg TIE assets IL the Limited States
The Boston are Gopaips 8 little more than a
year later brought q lpss to the Company of al
most sl,5o,ogu and this sum was paid with
the American assets, which at that time had
increased to upwards Of 81 000,G00.
These two Incidents made the Liverpool and
London and Globe the most popular corpora
ton in the world, and gave it place in the es-
TEEN of American merchants and prolsrty
ogasfs ttAt hs mayer peea rfaeed by
The great fire in st. John, New Brunswick,
last June, furnished the Company an occasion
to show that the conduct which had made its
n Pan g RstFIons vas o be Al It's
nall miillon at ~. John, and instructed its
representative at that place by telegraph, to
draw at sight on the home office for the full
amount and TO contribute i've hundred pounds
sterling to the relief fund.
The Liverpool and London and Globe has as
sets amounting to S27 72O, l4O its surplus dbout all
liabilities being uacards of IRE millions of dollars
The C3mpanv's nssets in the United States aggye-
gate S3S0000O, ac7ile its surplus in this couatfu is
lUey S! ,S9a li1. Il. .,
The 1psarhace Commissioner of Massaohu-
sets has published the result of protratted
and thorough examination of the assets of the
company, made by him at the home office in
Liverpool. He declares them to be first class,
and states that its investments are all made in
thesmost prudent and conservative manner
70 r tSe spat Hske se,a;p asrsoe
pledges made in the Company's policies
The shareholders are Individuality responsible
for all they are aoorth and further. in the case OF
transfer of stock, the liability of a shareholder
continues three years after the transfer is regis
tered. In short. the safeguards are strong, am
pie and complete.
The prosperity of the Liverpool and London
and Globe Company during the past fifteen
years has been extraordinary. In 1862 its assets
were seven millions ofdollars; a sum four times
as great represents Ito asssts in 1871 It's et ypyi
plus incoi0e for 1876 iads So As, dos S5
Mr. James 3. Pulseford, New York city, is the
resident manager of the Company for the Uni
ted States. Mr.. Pulseford has been in theser-
vice of the Company for many years, and is
recognized as one of the ablest insurance man
ayers in the country.
Mr.. P. B. SUBLETT, on Augusta Street. ha!
represented this Company for the past years
and all losses have been promptly paid, ana We
recommend him to all who wish to effect in