The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1886-04-16
III. d. FARNANDIs,
j. NJ. STREET.,
GEO T. VANRTpnE

Committee.
The form recommended is that used by the
Company. 1t specifies the different kinds of
personal property insured, such as household
dwelling house, hay and grain, horses and cat
tie, carriages harness and agricultural i'm
PIGMENTS I son; on the farm, the amount of insurance
scription of the building or buildings to be in
sured, &c; In. case of fire the company to pay
only for the articles destroyed.
Mr.. Edwin Scott said that to specify the con-
tents OF buildings would be going back to
practice abandoned as unsatisfactory years ago.
Mr.. NanBibber argued that this form of APP
plication would be protection both to the in
sured and the company. The business methods
perience of the best companies has demonstrate
ed to he the safest and best. He also argued that
1t should 5l make no difference what building
STOCK was in when destroyed by fire. or whether
the building was insured or not, provided the
sf %r h fHla W%S RSSpF ED s,o,
liberal as possible and which the contents of a
building, are insured say for $1,000, that sum
should be paid if the loss amounted to $1,000
He also thought it would be well to insure for a
term of years and to appoint a general agent to
equaize insurance. He characterized the
although not so intended, to get as much as pos
sible from the members and give them as little as
possible in return.
Mr.. Van Bibber said that the committee. in their
recommendations had endeavored to be just to
members who meet with losses as well as to
Messrs Edwin Scott and F. NJ. Sparks thought
it would work unjustly to specify the contents
of the buildings.
The chairman, Mr. Reasin, said that insurance
should follow personalproperty no matter where
1t might be stored on the farm.
This, 1T was stated, could not be done under
the present bylaws, which require insurance of
personal property to be general, and only the
amount of insurance upon the contents of
building could be paid, no matter how much of
its contents had been insured in other buildings
and removed into the one destroyed.
On motion of Mr. STREET. further consideration
or the committees report was postponed until
| the general meeting in January next.
Mr. street, offered the following amendment
to the By Laws:
That all losses shall he paid when sustained
by lightning whether attended by fire or not,
including live stock on the farm, whether in
buildings in which they may be insured or whilst
running at large; provided, the stock so insured
has been specified in the application.
Mr.. 5. A. Williams moved as an amendment
that if this resolution be adopted it be referred
to the attorney for the company to draw up the
necessary bylaw and report it to the meet
ing next January.
The resolution, as amended, was adopted
Mr. Williams, of the committee appointed to
secure additional legislation, If necessary, re-
ported that they had been informed that the at
torney for the company did not deem any addi-
tional legislation necessary.
The meeting then adjourned until Monday,
May 10th, at IL o'clock, A. NJ, at which time the
bylaws to be drawn up by Mr.. Henry ID. Farnan-
dis attorney for the company, in accordance
with the report of a committee made and adopted
at the meeting held February 1st will be pre-
scented.