Los Angeles herald., 1890-09-30

THE AMERICAN CASUALTY INSURANCE
AND SECURITY COMPANY OF BALTIMORE
CITY, with capital of ONE MILLION DOL
LARS Isl, 900, 0O0) and cash surplus of ONE
HALF MILLION DOLLARS $500, 0OO), has
been licensed to transact business in this state
by the Insurance Department. This company,
organized by prominent business men active in
the management of LARGE INSURANCE IN
TERESTS throughout the country, having
stockholders and directors comprising some of
the WEALTHIEST AND MOST INFLUENTIAL
MERCHANTS AND BANKERS OF BALTI-
MORE AND NEW YORK, is provided with
charter sufficiently broad to enable it to occupy
q position SECOND TO NONE AMONG INSUR-
ANCE ORGANIZATIONS OF THE WORLD
The company will do GENERAL ACCIDENT
BUSINESS, not confined to the limitations OF
what is generally known as accident insurance,
but will introduce original and attractive fea-
lures which cannot fail to commend themselves
to the intelligent insuring public. Employers,
particularly, will be interested in the plan of
insuring against all liability on account of tbs
personal injury or death of employees, result ting
from any and every accident, happening to
them while in active service; or this insurance
may be effected when the employer is NOT IL
ABLE, and may also include his liability to-
ward the public in case of accident Another
distinct feature is protection to steam users
throughout the country against all property
losses caused by accidents to, or by boilers,
engines, elevators, steam pipes, automatic
sprinklers, or other specified machinery. In
connection with this subject, it is well to men
ton the few eXigencies which may have arisen
and may again occur, to demonstrate the value
OF the protection offered by this company:
Your mill is blown to atoms by an explosion,
the cause of which remains forever a mystery
and you not only suffer a physical loss caused
thereby, but may be liable also for personal in
juries Your engines break down, causing loss
and damage to property, and YOU ARE IL
ABLE.
Your elevator falls and is dashed to pieces,
causing loss to property, with probable and Sc
rious loss of life and injury to persons, and YOU
ARE LIABLE
Your boilers - old, new, patent, or safety
boilers-explode, causing terrible damage to
your own and surrounding property, perhaps
injuring and killing several persons, and YOU
ARE LIABLE.
Your truckman runs over some one in the
street, possibly child, causing fatal injuries,
and YOU ARE LIABLE for heavy damages
Continued rains swell the streams and rivers,
dams give way, and in an incredible small
space of time your fortune may be swept to de-
struction. Your property may be damaged or
entirely destroyed by earthquakes, cyclones,
HOOuS. W1nQ-StOrmS ana tomatoes.
With the advance of civilization many at
tempts are made to chain the nowerfu electric
fluid to serve as heat, power and light; but
these attempts are not always successful, and
theiterrible danger is always present and often
causes terrible injury or death and great dam
age to property.
To all the different cases mentioned, where
injury and loss occur, the principle of insurance
is applicable, the liability of the few unfortun-
ates being assumed by the many who do not
suffer.
THE AMERICAN CASUALTY INSURANCE
AND SECURITY COMPANY is organized to
meet the present advanced ideas, the widening
field and the growing demand for insurance
that will furnish, under one contract features
which hitherto have only been given under
several contracts, and, Also including features
never before offered by any company.
No doctrine of insurance is more fully es-
tablished than the proposition that the larger
the capital, the.wider the field, the greater num-
Der of risks, and the more extended the terri
tory over which a company extends its opera
tons. themore secure will be the guarantee
that it can meet its obligations promptly and
obtain substantial success. Altogether the new
company has entered upon an attractive field
OF operations, and the high financial standing
OF the Board of Directors in Baltimore and New
York, added to the experience and enterprise
OF its officers and agents, furnishes reasonable
assurance of its prosperity.