The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1882-12-01
Farmers Fire Insurance Company of
York.
Risks Taken ON City, village and Conn
fry Property Against Damage Dy Ffae
or Lightning.

or lightning.
In CHANGING at this heading the reader will
naturally aud righifully infer that the major por'
ton of this article will be given 10 review
of the importance of Insurance.
To conduct an insurance company III sure
and safe manner requires great executive aolilly
on he purt Ut It's officers aud directors. lucy
must be men of STERLING integrity OF PURPOSE
men who will not aud who cannot DC ula"h n'-
to The whirlpool of speculation and ihVariaoie
financial disaster; men who prefer 10 DO u sure
aud safe, rather than Il great ana ihha'ed ousi'
ness. In this category II Is our piea,ufc W
place the officers and directors OF the sue
c-ssful FAT mrfe Fire insurance company OF
York. which has stood The test of The great ii Is
of Boston, Baltimore, Osceo u, Somerset, Milton
aud many her places, While other ana 1858
ably managed companies have become "thihss vi
the past, ruined by policy OF securing greater
number of risks than their fnancee Warranted.
But us these worthless companies succuhiped
TO the inevitable, the business OF such compa
MES us the farmers, of York, has been steadily
increased OH sound financial OASIS FOR
thirty Years his company has oeen III existence,
and inshat time has issued 237 OS6 policies ana
paid 8 16i loss aims, aggregaing ~, OIL, l2o.3o
and on July |, 1889, coud show in solid cash
assets securely invested 1854 $50 0o, WIN an
extra reserve in premium notes. liable Tor losses
If ever needed, of about $25O.00O. And just
here by permission of the reader, we add that
no assessment has ever been made or is likely
to be made on these notes. The actual 'iaOill-
ties of The company at the date mentioned III
unpaid losses, unpaid taxes and book account
liabilities amount, TO but 81, 933. 90.
No dividend d. are paid any one in this company,
but all net p oils added to its cash assets
for the benefit Of the pU icy holders. We give
th'se figures for the benefit Of property owners
who con- enpIair ipsurlng their properly, ana
disinteresied advise all such 10 secure poilcy
with the staunlh, reliable and solid Farmers,
of York." which is, by its policy of securing
risks oniy on the better class of property, well
distribute d. TO prevent great loss AT any one time,
constantly adding TO It's assets and lessehng lie
liabilities. During the past eighteen months
the NJ, cash surplus has been increased about
$50 QUO BY conservative course oflessening the
votume of business Transacted in various places
on classes of risks that did not pay. To-day
the company Is in q better financial condition
than Al any previous time of lis existence -
Agencies have been established III the impor
tant localities in he States of Pennsylvania,
Mar, land New Jersey, New York, Indiana,
Illinois and Missouri, and last year of AL the
American and foreign companies doing business
in PennsS lvania, was The seventh i'll volume OF
premiums in this Stute The charter uf the
company authorizes the mutual and cash plan,
the cash plan, however, being principally USED
by This company.
Mr.. G. Edward Hersh, is president of the
company and also president of the York Ma
ito al Bank, one of The oldest as wei Us one OF
the most siuunch fduciary institutions III 'ht
SAFE. The Vice President VIM. Wallace is one
of York county's most successful and honorable
farmers and merchants, and WAS one oi the
York narrow gauge railroad. Mr.. David Strick-
ler the cumpan,'s able and worthy secretary
ana treasurer from its inception has been one OF
the chief instruments in placing the company
where it now stands in the front rank of reliable
conf anies. As business man, successful
farmer and citizen Mr.. s. ranks high IN both
social and commercial circls. Mr. Johh l.
Williams, general travelling agent and adluster
of losses and supervisor of business headquarters
Il lf.s