The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-10-27

, A.
ihcre ID conflict OF ih'eie''9 a'Ho's ",o
insurance companies oil this Guy, OF, III
other words. the board OF underwriters is
In n state of eme,,te.
7, 10 all On Co., u u,bot ia called the
- So '" .V.ou''' ''.,...,o,, "a 800
insurance union, an orgah'Na''o, VI eon'e
tning over l0O insurance companies iocaVeo
in northern cities, having dictated a form
which they require our local companies 10
pac Il, wr,,;no a,,,o, r;sLs
Two on,',. - "ohoIIod vos,ordoy and
W 'onP"i'cs ioo."0a 81" ~
declining 10 accede to the demand iormaiiy
withdrew from the board oil underwriters.
They claim that the companies located
here and renrosentcd by agents az well as
om,o, - s."ui.-,,s, r,,o,,,,,, % man.
A., 80 "V.','s 80 ,'',', ~.
uso 'ho uct'iiis Oh Ioo"' "''u'"'i0o "i'nou'
interference from companies located ~
distant points beyond the cotton belt.
gome fortv.fivo romantics belonging TO
i,o ,rio, a., ,,.,son,od In this c;tv and
~ :, A., - :,
''oeo oons''",e n''Jo''' VI ,"o oO'. VI
underwriters, hence upon Vole tney uic-
iate me policy OF the board. Mr.. ihomns
wexford represents cohsiuerapie mum
Der OF these distant or ioreign companies
anu nc IL also repuiou presiueht Vi inc
local Doaruoi undcrWrileS. :,
Last evening Mr.. Neiliotu uechneu 10
taik ABOUT inc rupture Withih 'he ihsur
ance circle, asserting that tle business OF
the board oil undcrwrlters Is strictiy pri-
vate ana inc pubic mas nothing 70 90 with
u, nor mas u any interest IN inc manage
mcht OF tho poard. Vlners were aiso IN
cnned 70 DO rctcent' Dut ,iere were those
VINO knew aii ABOUT ule Deaut,iui quar,ei
that were wliiing 10 let the puoilc INTO the
secret :.
The hitch, u u stated IN altogether
upon when cotton factors polcy ceases
and when buyer OF marine pohcy
begins also concerning what IL known as
covered court INSIDE OF standard couon
sheds. The newly Dulil sheds nave these
courts, and hnd ucm convenient ior dry.
ing out wet COTTON, alsC ior the purpose oil
weighing and transferring from factors 70
Shippers: Inc rate on these standard
sheds TINS season has been nxed nj from
III to per cent, and Is about tho same
as rates in other cities oil the south and
west
The compartments in standard shed
are arranged 10 store not more than loo
bales, and there must be q thirty-foot pass
way between the cotton therein ana any
that may be under the covered court. The
union has undertaken TO change the rules
heretofore in force, and tho secretaries Of
the Bluff City and the Phoenix consider that
Il bears little NOR severely upon factors
than Il should hence their determination
10 pull out andRo II aline. They say that
after working lVr many years upon mer-
chants and cotton-secd mon, and after in
curing heavy expense 10 get storage
sheds up 10 ajpppcr standard and the
equal Of any In (hc south, they do not
propose 20 permit unreasonable exactions
from those who do not understand the
situation ~ they d..
The billiard 4 Coffin case, II will be re-
membercd, was ircd in the courts and dc.
cided In favor VI the firm named, the
amount involved hcing over 800. coo. The
point in that casc, vas that billiard q Coffin
| aoid and ,lclivafpA IN round loi of coffon IN