Savannah morning news. [volume] (Savannah) 1868-1887, 1881-03-26
The Underwriters in SesRIon-sEm
norfanH n eaoluffOna,

pOrtant Resolutions.
The tenth annual session OF the Under.
writer's Association was held in Atlanta on
Thursday last, and among the proceedings
We notice adopted the following resolu'
tions:
WHEREAS, Much of the trouble and many
of the evils now seriously affecting under
writing throughout the United States arise
from the extraVagant rates OF commission
paid to brokers ia the city of New York;
therefore, be ii
Resolved, That this association earnestly
recommend to the New York Board Of In
derwriters the advisability and importance
of limiting the commission paid brokers to
a rate not exceeding Is per cent.
Major John G. Whitner, of Atlanta, in
troduced the following resolution:
ResolUed, /. That whilst disclaiming any
wish of intruding upon the territory of
others, yet our interests are SO closely and
so deeply affected by the manner Of con-
Quoting business In our great metropolis
New York city, that we deem 1t not i'm
proper to commend most cordially every
effort made there looking to the establish
ment of sound practice in underwriting.
and we earnestly recommend the local
agents throughout the South to refuse to
represent any company which writes poll
cies over the heads of its agents.
2. That local agents having knowledge Of
such violations of good faith on the part of
agency companies report the same to the
Executive Committee of this association,
who shall publish the name of the COM
pany and the specific violation complained
OF, In any manner they deem proper.
3. That the Secretary forward a copy of
the foregoing resolutions TO all companies
doing business in the South.
This rico n anntbor onnoral
and prolonged debate, which was only ter
minated by the Chairs insisting upon the
dispatch of business. Upon vote, 1t was
found that the resolution was sustained.
Major Minis, of Atlanta, submitted the
following resolution, which was also
adopted, though not without some opposi-
ton:
WHEREAS, One of the objects of this asso-
citation is to promote fair and uniform rates
OF commissions to local agents, as well as
the establishment of fair and uniform rates
Of premiums; and whereas, 1t is the custom
Of some companies to pay higher commits
sions in some of the States within the terri
tory of this association than In others-no-
tably, In the States of Virginia and North
Carolina; and whereas, such discrimination
when such higher rates are paid is unfair as
against the many local agents In other States
where q smaller commission is paid: and
whereas, it is the sense OF this association
that fifteen per cent. commission should be
the maximum paid local agents, and is, In
itself, full compensation;
BE ii resOIUed, That this association
pledges itself against any further disorimi-
nation In payment of such commissions,
but will declare and maintain fifteen per
cent. as the maximum commission to be
paid all local agents within its territory,
either directly or indirectly, and that this
association do further urge upon all compa-
MES doing business within the Southern
States to enforce this rule.
The election Of officers resulted as fol-
lows: President, Hutson Lee, of Charleston:
Vice President, A. NJ. Cunningham, Louis
Vile; Secretary, III. G. Stockdell, of At
lanta.
The President announced the following
standing committees:
Alabama-Israel Putnam, Atlanta, Ca,
| General Agent Columbus Banking and In.
surance Company.
Arkansas. T. Dargan, Dallas, Texas,
Associate General Agent Fire Association.
Florida-J. s. Raine, Atlanta, Ca,
General Agent Manhattan Insurance Com.
pany.
Georgia-Livingston Minis, Atlanta, Ga.
Associate General Agent Home Insurance
Company.
Kentucky-Thomas C. Timberlake, Louis.
vile, Kentucky, General Agent London AS
surance Corporation.
Louisiaus-Clarence F. Low, New Or
leans, Special Agent Liverpool and London
and Globe.
Mississippi. NJ. Tucker, Columbus
Mississippi, General Agent Western As
| sursnce Company.
North Caroina-Thomas Graeme, Louis
vile, Kentucky, Special Agent Royal, and
London and Lancashire Insurance Compa
MES.
South Carolina-samuel Wragg, Charles
ton, South Carolina, Associate General Agent
| Liverpool, London and Globe
Tennessee-S. w. Williams, Atlanta, Ga.
General Agent Continental Insurance Com
! pany.
Texas-James Sorley, Galveston, Texas
! General and Special Agent.
Virginia-JOhn d. Young, Petersburg
Virginia, Special Agent Franklin Fire In
surance Company
The President, Vice President and Score
tary are ex-otiicio members of the Execu
tive Committee.