Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1888-06-01
INSURANCE-FlRE.

The history of Fire Insurance in
this country has been one Of alternate
prosperity, adversely. triumph and
defeat. Since the early days OF the
institution many radical changes have
been effected in the mode Of doing
business, as well as in its scope and
general application. Like all other
business enterprises, however, it has
been demonstrated that the success
of the insurance system depended
upon three elements working harmo.
niously together-sufficient capital,
freedom in accepting risks and strict
honesty in the settlement OF just
claims.
The history Of Fire Insurance in
Wheeling presents all the best feat
ures Of that line of business, and with
fewer of its drawbacks than have APP
peared in insurance circles in most
cities. One reason for this, and
probably nearly the sole reason, is
the ability and careful, conservative
policy of the management Of the com.
panies located here. Their aim has
been to establish line Of safe risks
on basis as nearly matter Of mate
rial certainty as possible, so that the
insurer might be as sure as anything
can be in human affairs that ne would
receive certain indemnity in case Of
loss.
This view Of the case, no doubt
largely accepted by residents Of this
city and State, has encouraged the
insurance interest Of Wheeling until
il has become one Of the strongest
and most popular of public institu-
tons, creditab!y directed and enjoy.
ing all the confidence that honorable
methods aad merit sustain. A note
worthy instance Of long and success
full operation in the Fire Insurance
field is found in the following com.
panies represented:
THE STANDARD INSURANCE Co., 1913
Market STREET.
The Standard Insurance Company wns
Organized March 8, 1884, with capital Of
500, 10000, and from the start Il has been
an active and valued agent I'm sustaining
and promoting the confidence that b i'm
posed in the home companies. It's policy,
while judicially conservative, has bocn
such AZ 10 merit constantly increasing
line Of business, embracing q general lips
of Fire Insurance business on all kinds Of
property and risks Of safe character. The
statement of the company, January I,
shows total assets of Sic, sos. GO capital
stock, 500, OO0. 90; and with losses paid 10
date, over tl25, 10000. A special feature
Of the management IL in the prompt pay-
ment and adjustment Of Losses.
The enterprise and prestige Of IT. man
agement il apparent in the names which
follow as officers and directions:
VIM. Ellingham, President; 8. Geosge,
Vice President; Chaa. W. Conner, 6ecse-
tary; Morris Horkbeimer. WIN. Goerisg.
r. j. Park, jas. p. Rogers, J, II. Pipes
Henry Bser; and Wan. p, Hubbard -
Counsellor for the Company.
From this Il may be seen that The Stand
ard Insurance Company, IN point Of mao
agement, resources and popularity, rasIu
among the leading interests Of In ehAEsc-
ter in the State.
THE MANUFACTURED Fnx InsuxAncE
Co., 1878 MAHKrr SrrxrT.
This company was organized aad -.
tered under the State laws Of West vhninfe
in 1880, with capital Of eioo.oon Mr..
James Paxton vas the first Presidest, ssd
]. c. Anderson the hrss Secretary In -.
lire history has been marked b. Z cesne Of
conservative and honorasIs nl1agensst
that has not oaly brought 10 lazgs bod.
ness, bat has made for Il . fepststion sad
name that Inspires condolences h al thoss
who enjoy the protection Il seeures. Thy
do = geuerst Fire Insurance. % Al properly
of safe risk. %
The officers Of The cospasy aee NJ
brown, PFesid<af;J. e. Atd1l1A vice
President; ". =. bstJns e, 6eastasE
Directors ]. -. nr0wr. ~. =. Dssrse
!. c. AIdenoa, Wn. Ellngbe1 A. u
ISwsGsey, Wn< Sckoekey,, Robt. eanpsees
II. w. Anick and c. Stsinnets.
Lis businsss szfsnds thrDsEheek - :.
Hy, and = annually incfeaang.