Savannah morning news. [volume] (Savannah) 1868-1887, 1886-02-07
no thn Ouners of Live stook.

Peoples Mutual Live Stock Insurance
Association has established an agency in
Savannah for the purpose of supplying
want long felt to be necessary, viz: the
insurance of live stock. So many expert
ments have been started, and for want of
proper Judgment and good management
have failed, that we deem it necessary to
state to you briefly our plan Of doing busi-
ness. which has met with great success
both in this State and in adjoining ones.
The officers of this association realized
from the beginning that the principal
thing to be guarded against was specula-
ton, and have adopted the following dis
tinct principles OF doing business;
''Our company cannot be used for the
purpose Of speculation upon old, broken
down or diseased animals.
1--WE are determined 70 do legitimate
business, thereby avoiding excessive cost
" the insured, aud giving protection TO
honest pOlicynOluvrs T~he insuPo THAR
stock against actual loss. Every policy
holder in this company is interested in its
success, as it IS the insured who must pay
It's losses, and If the company allows over
valuation which is speculation J, the hon
est policyholders are taxed to pay for ami
mails not worth the amount OF insurance
carried upon them"
The rock upon which all live stock in
surance companies have foundered has
been oyer-valuatlon, or in other words
speculation, and hence we assert that no
live stock insurance company can be sue
cessfully conducted when the entire risk
is carried by the company; the owner
must have & monied interest in the ami
NAL insured to make 1t a safe business.
Therefore we propose to insure animals
for three-fOurths their actual value.
,.ne,11f ~ otIr 10 hOra has haop tho
suing of over %, 200 policies, and the pay
ment to the owners OF deceased animals OF
over S200, 600, and at a cost OF less than
half the rates charged by English stock
companies.
The following are few Of the patrons
of the company in Savannah:
Dixon & Murphy, coal dealers.
Nell e. Harris, machine agents.
Joyce a. Hunt, machine agents.
G. :. McAlpin, grain dealer.
Charles Seller. beer bOttling.
George W. Haupt, lumber merchant.
J. G. Toshacb, beer bottling.
W. p. Pennington, merchant.
B, G. Wright, drayman, Bay street.
ID. q. Heidi. drayman.
II. Parsons & Co., steam laundry.
J.F. Wheaton, insurance.
G. Dieter, butcher, etc.
+. A. Fulton, wood dealer.
II. fOEtftys OEdy man.
A. b. Hull, grain dealer.
S. G. stewart, wood dealer.
Puder & Downs. wood dealers.
b. Il. Henderson, wood dealer.
g. Eberwein, soda water, 232 Bay
street.
Ray & Quinan, soda water.
McDonOugh & Co., lumber, Bryan street.
W. +. Chaplin, cotton.
r. +. Harmon, cotton sampler.
GOrrie Ice Company, ;. Nj. Whitesides.
A. w. Harmon, liveryman.
John jeffrey, drayman.
John McGrath. Grayman.
DR.. 7. b. Chisholm.
William W. Gnaun.
=. Schatier, wood. etc, ETC., etc.
A. NJ. Il G. W. West, grocers.
Gen. Il. II. Anderson, Chief OF Police.
r. V. Woodbridge. Hlbersham street.
T. &. Harden, physician.
j. A. Herschbach, grocer.
W. T. SEWARD & Co.. Special Agents,
100 Bay street, savannah, Ga. (The
Agents will be glad 70 call upon citizens
who may wish further Information In re-
gard to the workings OF the company. on
receipt OF request IN person or by mail TO
that effect. )--ddr.