The Palatka daily news. (Palatka, Fla.) 1884-1888, 1885-12-12
EMPLOYEES BONDS.
GOOD SECURITY FOR PERSONS IN
POSITIONS OF TRUST.
Company which Gives Bonds for Sub
ordinates of Corporations and Bu-
sines. Firms detective Work
Il Canadian Institution.
- -. -. ehieaEo aerall.l


Oh Bro3 wv - from one OF ta5 biggest
marble irphs down iowa, a score Of clerks
may ise 5esI or billing in big lie lger5 from
ihocLius until night. it is iit1e up like an
Insurance. off - Taa:s IS a small space left
soF VI I6urs near the door, AM a high
wooden plrti5ion with windows and doors
s4uttiIg tls scribhlers from the oUtside
world. Il ,iIroal employees, bank clerks,
court liicsrS-- ono in the c0lra clothing,
Others ia tho tiuest-enter the doors from
tim, to time. holt whispered conversations
with disnidsl officials with spsctaclss. sign
thsiv names to q document ani 20 away.
The institution IS one Of several that carry
or tas bu5ine OF furnishing bonds where
security is require in positions q trust
BOND5MEN FOR EMPLOYEES.
TIE secretary explained in conversation
the functiol OF the corporation. The COM
plnyn lie said, processes to obviats the
serious liability AMI frequent financial loss
consequent upon the condition OF bondsm9n
a security for person IN position OF
trust 1t is chartered under the laws Of the
state OF Nav York aud is subject to tIe con-
troll OF tie tate insurance department Per-
sonal bond are frequently found to b.
yalueless because bondsmen fail in business
or escape payments b. keeping away when
want5l Naturally the company takes every
precaution to ascertain the history AMI
character Of the employees it gives bonds for.
During his employment any actions on his
part teading to default are discovered Il
possible. OF c5ursa soma rogues can cheat
US. anl they d. Ihsrs was Paying Teller
Charles 4. U.ncEley, OF the West Side bank,
New York, VINO abseon led a year ago We
were on his boa g"for $1,000 and wa paid il.
Another absorbing teller was F. ].
Dieterichs, OF tae Lacio 10 bank in st. Louis,
in the summer % 1854 He cost US $50, 900.
do you go on tie bonls of employees IN
every bu mess discriminatory was asked.
mo, we do not like to bind ourselves to
answer for clerks in the employ Of private
firm. Employees of corporations especially
tho-e who are overhaule1 by the state and
national officials at stated intervals, are pre-
feTTel 1t is impossible to keep track of
private firm,' affairs. Banks are the favor
ite risks; then railroad companies, steam
ship insurance, building and loan compa-
ME or societies, express, telephone or teIa-
graph companies, AMI gas, electric or coal
companie. Postmaster Pearson gets Us to
20 On the bonis Of the postoffice employees.
Tie city mar hal, the sheriff, the comp
troller, the mayor, aldermen and common
atty of New York law courts AMI revenue
collectors holI US responsible in money il
one Of their subor linat5s goes wrong. We
charge half Of par cent, or l per cent,
ACCORDING To circum stances, and the rates
OF er companies are substantially the
samo,'
OBJECTIVE WORK DONE.
"NoI nust have TO keep a sharp watch On
the persons whose conduct YOU guarantee
f. b, upri -ht!7
Yes our main business is detecting
These clerks at work at their books are
posting up She results OF work done by
detective. WHAT means do we employ to
learn the characters Of persons3 We use
every means known t. man. Detective
agaucio are not the lels5 useful. Some
times it takes six months to hunt down
man who is going to the bad. Recently
the son OF prominent politician in Ohio
had a position in bank through this COM
pany'5 bond, and he began to bo fast in
every way, spending more than he earned,
ana we put derectjlsi after him. We
fuunl he was stealing money from the
bank. The bank officials couldn't balieyo
it at first. The fellow begged, and the
officials, too, but we put him in jail and he
is There now"
"-;upno-e man comes to get you to go on
h,s h9ad. How can you tell what or who
lie IS.
Pa must refer US to some person Of char
actar who viii youch for his reliability 1t
is our first business to verify these refer
encez. When we have little list Of men
VINO have proven unworthy we examine our
books TO ee If the applicant is on that list.
Here is the book
on THE BLACK LIST.
The volume is in black covers, and printed
in heavy black letters are three forms on
each page Each form is for mans NAME
age. occupation AMI application, and q
largo space is left for remarks. They de-
scribe why he IS on the list It j; called the