, 1884-02-09

II - 1,sSTa . Gs0sanJ.
Among ths many bu.ieess enterprises of q {
! territory none sesnas t. sttrsc. more sttentian
thsn the Washington FIRE Iasnr.nce company,
organized In New Tacoma with I capi.ai cf
one hundred thousand dollars, and whereof DR..
II. c. Bsstvick ia President, Robert winsate,
Woe Prssiaent Gen J. ". sprasue. Treas
urse. II. W. Cote. Sesrss,ry and Business
Manager. and +. S Cottle, Assistant Secre-
tary.
This company i . sn,id and substantial
stock nre insurance company. We know fir N
ebundapt evidence tia, good fire insurance
companies are prosperous. and this c1mpAny
with its prudent. economical and energetic
Management, and its conservative plan of lin
iting the amount it viii insure where one tirs
might otherwise destroy il to $3.50 and with
no department managers. or general or spe-
cial agents 10 maintain >; heavy expense, pos
sesses the requisite substance and dement's of
success.
In visit to the above named company on
January 18th. its officers willingly showed Us
through their apartments, and gave Us an in
side view OF the workings snG figures Of this,
which is rapidly becoming a great territorial
institution
The company occupy the sscSni flor of the
elegant tire proof building on the corner OF
Pacific Avenue and Tenth street. which Is one
Of the most sgbsE shtial and beautiful s:ruc-
tures Of the territory. The business Is thor-
oushly sYstsmizeI and conducted IL eroupt
and o.ierly manner. Every application taken
0y the company has its numbers correspond-
ing to that upoh the policy given the assussd,
anu Is hied In Its proper place. II Was noticed
that every person insured ia the company had
his or her name arranged In order, and opuo-
sta the nnAber Of the application. THIS Is
done so that, in case the assured should meet
with a loss, and his policy should have been
lost or destroyed, by simply knowing the name
the secretary could a. once put his hand on
The original apple ,tion signed by the assured
1t WAS found, also, that every policy now in
sared by the company is actually recorded in
books kept for tbs purpose. and made eI-
pressly fog them. Every department in the
offcs is. in short. SO completely systemizsd
that the liability to clerica! mistakes is reduced
TO minimum.
lnasnuch as this companyis strictly a north
western institution. comnendiHg i,se by its
every day life 10 the p-op,s, they feel Justly
proud OF It's reliability and permanency. The
prosperity of the northwest and of q. its en-
terprises is OF primary Importance to every
owner Of properly, whether in Washington
Territory, ldAho OF Oregon l. ia their inter
est TO contribute to the siyaacsn ent Of its
power and greatness.
Any came that retaris the advancement OF
financial ability and progress. affects all
classes. Suca a cause comes into operation
when people pstroEize any enterprise which
has no interest In the welfare of their own re-
gion. The interest Of the northwest Is surely
not to have hard earned money carried f-oH,
her borders elsewhere. The great source Of a
peoples wealth lies in q reliance upon their
own resources. 1t i the Same principle which
actnatss one 10 do his duty when he knows he
is right. and, in this case. the performances Of
his duty clearly eveutuates to his own gain
The Washington Fire Insurance company
il EN- phaticaily an Institution of the northwest
and believes in the above IDEAS. Now that
Ibis is true, If tho owners Of property continue
70 p@t,Gnizs home institution. ike the
Washington Fire Insurance company, whose
original capital and subsequent accumulations
are, and will be, KEEP. within the territory,
thereby benefting the whole northwest, We
shall always have in our midst an institution
whose sbund.at security is guaranteed to the
policy holder, and whose ability to pay IT,
losses viii at all times BE- ample and unaues-
tionable.
While it is not our purpose to make any
comparison between the different insurance
companies doing business in this territory, nor
canvass their relative merits, It is but JUS. t.
say that al parties iusCring in tie Washing
t"n Fire Insurance company, u. New Tacoma.
will consult their bsst interest.
With capital Of one hundred thousand
dollars, taken in connection with the fact that
the company will MT a.sume-and cOrse-
quentIy cannot iose-Oger $3.50 where one
fire mig sht otherwise destroy i and the further
facts that we tnd among its Stockholders the
names Of Gen. J. w. Sprague. President of
the Tacoma National Bank, DIR IL. c. Bost-
wick, capitalist and merchant, Robert Win
gate, Vice-President of the o. & c. V. r. X.
and director Of the Tacoma National Bank:
and that the stockholders are individually
liable for its debts, even its most zsalOTs com
petitors mnst acknowledge that it offers safer
snd more reliable idemnity than any other
company doing business on the Pacific coast.