The times. [volume] (Richmond, Va.) 1890-1903, 1892-06-23
THE INSURANCE AGENTS
r,,.v m M, Hike the Idea OF virgsnia Besne
Forced TO Join the southeastern
TsrifY Association.

Sixty local fire insurance agents represent
inc every city and town in the State, met IN
session at the Ballard House Yesterday after
noon 10 discuss the movement being made TO
include yirginis in the Southeastern farm
Association. The meeting is the outcome OF
a smaller but similar meeting in Staunton on
Jnne 9th. and is in the nature of protest
AGAINST being taken into said Association. At
present Virginia agents work to considerable
extent independently of any organization and
each other. dealing direct with their respec-
tive companies and receiving any rate OF COM
mission agreed on between themselves from
Is per cent. up.
Rx1ULArEs THE ROLL.
On the other hand the Southeastern Tsrif
Association prescribes not only she conduct
of the business. but regulates the rate OF COM
mission to be paid, and demands written
pledge of the agents that ho will not do busi-
ness FOR any company who offers bin more
than 10 per cent. commission on its business.
In return the Association promises protection
against brokers and the writing OF risks py
the companies over the agents heads.
At meeting of the Association in March IN
Washington a resolution was passed 70 IN
clude Virginia in the Association, provided
30 per cent. of the companies doing business
ia Virginia requested it. The executive
committee of the Association made the
claim that the request has been made by the
requisite number, and the agents who resent
the interference of the Association and its
methods, since it not only reduces their IN
come by decrease of their rate Of commis-
sions in many cases. but puts on them the III
dignity OF signing pledge OF TN iron-clau
character. and all without what appears 70
them any adequate return, directly or lnoi-
- h. ,ftaaf | uatDaTe0 |
from the proceedings Of the meeting and the
spirit aud temper of the Virginia agents.
CALLED TO ORDER.
The meeting was called 10 order by w. A.
Burke, of stanton. Mr.. Horace Swineford,
OF Richmond, was elected chairman and W.
b. McChesney. of Staunton, secretary. Mr..
EpRleston, q member of the executive COM
mittee of the Southeastern Tariff Association.
was present and was invited to explain the
workings of the Association. Amid fusllade
OF questions he patiently presented his
was passed thanking him for bis ex-
PLANTATION it was not satisfactory 10 the
agents. The opposition 10 the Association
was famed into fresh flame by statement
from Mr. Spencer, special agent OK the GeoT-
gia Home Insurance Company, that his CON-
pany. while it had assented to the Assocla-
ton. it was done under the belief that the
required 30 per cent had already made the
request. whereas his company was opposed
10 II. and intended 10 stand by its agents.
After enrolling the members the nesting adj
journed until $50 p. NJ.
Evening Session.
The evening session was held in the rooms
of the Chamber of Commerce. commencing
at $50 o'clock and lasting over two hours.
The committee on permanent organization
made a report providing tor an organization
A. 4. L., ba I
Association of Virginia, whose purpose,
briefly stated, shall be the protection Of the
business interests of the local agents IN
the state. The report of the committee
was adopted and the following officers were
elected: President. Colonel Thomas j.. Al
friend Secretary and Treasurer, Williamson
Talley: First president. Heber ker;
Second Vice President A. @. Humphreys
Third Vice-president.: S. II. Hansbroqgh;
Fourth Vice President. John M. Otey; Fifth
Yice-President. A. A. Warfeld
Executive Committee: M. p. Davis. Lynch
burg: Horace Swineford. Richmond; Au-
oustiue Royall, Manchester; j. Edward Moy-
Ter. Petersburg Mr.. Dupuy, of Dupuy d
Taiiaferro, Roanoke; Mr.. Semple, Of Whiting.
Sempie a. Cumming. Hampton j. l.. Watson.
Portsmouth: f. ~ Crutchfleld. tredericks-
burg: w. j. Dance. Danyille.
large number Of the members present
took part in the discussion Of the pledge and
a resolution refusing to sign the pledge until
a further conference could be had with the
companies was unanimously adopted. A
meeting of the new organization was ordered
at Old Point July 18th. and the representa-
tiyes of the companies doing business IN Viz
ginia invited TO confer with them there.
The report of tho committee on resolutions
vaa similar in character to those passed at
Staunton, aud consisted mainly Of protest
against being taken into the Southeastern
Tariff Association.
The executive committee will meet at
o'clock this morning in the Office of I. L.
Alfriend.