New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1892-05-11
Fire Insurance 40 and a. Wall.,t., New.York.

ncar Sir. Policies in tho above companc, be
furnished you through this office such risks that you
md difficult, IN taking Of I'm your own companies
1t s subject ~ congratuiaton To ourselves ana oui
friend. that no overdue loss tha, occurred under
policies issued snd We respectfully submit
oomianie. on above list a. In every "aF worthy "
your confidence -.
These connapie. are all strictly stock companies have
no proh lt and in most parts OF oc country are ho'
b,nnd by any board compact rates ana are t''o d"
liberty 10 write all Glasses OF hazards on equitable "r'
,,, So, A. not ,olri, any business that properly
,,.ogs 10 Your own companies. but only your surplus
business. , -. 1, MIND
In making atploation this oncc rlcase bear In nina
, ,c fil Information such u required on ne" ou''.
" - ,,,, o., eoruanies Give LIST q companies II
- ai,esdv on the risk. a diagram of The FISK sho"H
expo,urcs and full copy Of wilton portion ., o,
In mi, manner you will save correspondence A'1
delay. ,,s.,o, allowance a.
-, :. a.. circuus,ance, VIII permit aud guarantee
rou po. less than II per cent Ia an ''s' a., ,,.
.,,o,s to thl, Office arc lheid as c'nrdehtAl' 'o 49,
-, ,r. repeatedly solicited. and VIII eo",a"u ''
cauon' az 49,, MORTON BAGBY MORTON
Ti,is circu1ar saws that the companies na,n'"
No " ,rohtbitcd list" and this assertion aionc
,n,les those acquainted with the ouslneSs '"
,,;,,s ~ a compnny The fact of the ma''ci u
,Ia, s,rc at least Of the companies meh'o'cu
,hore have prohibited lists. One of 'he COM
oar;ss in particular has a long prohioi'e" l'S.
:, oInbabctical order beginning with pasglhs' """
ending with woolrn mills lfraner
Among the companies named III this clicui'i -
the Polatinc of Manchester. England. hi'housh
the Palatine Company had no agency Ill 'i'''
country cast OF the Rocky Mountains, 1t was III
d;r.c,lv rcpresentcd in the East by the United
Fire Insurance Company, OF No - nassau ST
This is also an English company, ana mas p'a'"-
colly the same officers as the Palatine company
The officers Of the United FIR Company III 'his
country saw the dispatch, and as ~ WAS kho"i'
by them that the Palatine Company had never
pretended to do business in Indiana, they were
AZ n loss TO know why it. had been " "blacNilsted
A letter TO the Insurance Department Drought
back the reply that the reason Tor the oiacNiSu-
ing was the sending out OF the foregoing circular
The statements Of that circular itself. and the
fact that Morton. Bagby & Morton represented
that they were empowered 70 issue policies IN
the company were the cause OF thc actloh Whlch
the Department had taken.
As the firm mentioned had never been heard of
and had never been authorized to write policies
for the companv the officers OF the United Fire.
under instructions from the home office, began
10 look for thr firm which had caused the trouble.
They finally found the offices at Nos. 40 and 4?
Wallst but several visits were paid before
any one was found. Then il was only man
who called himself clerk. and said that he took
charge Of the mail for the firm. The company's
LAWYERS sent letter which brought out reply
from the brokers in which they declared that it
was an ordinary thing for brokers to write policies
for companies without being in actual corr
spondcnce with thc companies. They admitted
that they did not represent the company, but
declared that there a great difference between
representing comp 0y and accepting business
for it, The facts in -fhe ease were called to the
attention OF the Auditor Of the Insurance Depart
mcnt Of Indiana again. After awhile, the
brokers sent letter 10 the attorneys for the
company, with another letter promising to send
a similar letter to Mr.. Henderson. Mr.. lIendcr
son, however. declares that Morton, Bagby
Morton failed to keep that promise. as he has
never received such letter. This is the letter:
J. o. Henderson. Auditor OF State. Indianapolis. Ind
Dear Sir We hereby notify that through error.
aud without any authorization. used the names Of certain
companies on circular which circulated IN your
State. alo through Among the companies referred
to the Palaiine Insurance Company Manchester.
England.
We undersand through the Associated Press that you
have taken acton In the matter has caused eonsd
cIabe pain annoyance and trouble the Pal,unc ln'ur
ance Company and the and unfortunate
companies involved In the unpleasant affair through no
fault Of their own and beg great
regret such circular disseminated IN your state
and that In justice the Polatno In.uraDce Com
psny you Will be good public notce Of the
facts herein stated. MORTON, BAGBY MORTON.
Another letter from the Auditor himself was
also received by the officers of the company yes