Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-06-23
THEY WILL NOT SIGN.
LARGE CONVENTION OF LOCAL FIRE
INSURANCE AGENTS OF VIRGINIA.
yiuorou, Protest Against Joining the
southeastern rarin Assoc'"''"""
Permanent Organization.

meeting of local fire-insurance hSeh's
held of Stanton committee OF the
local fire-insurance agents OF the state
assembled at the Exchange Hotel yester-
day afternoon at 4 O'Clock. The oplecl
OF the meeting was to protest against
the effort to place the local agents unuer
the Southeast Tariff Association, WHICH
has its headquarters at Atlanta luz
latter regulates risks 10y schediiie anu
tbe Virginia agents have local boards OF
underwriters which determine this ihH'-
fer. The effort to put the Virginia agen-
c;es under the Southeast Tariff Associa-
ton also involves the regulation Oh com-
missions.
FIRMS REPRESENTED.
The convention was called to order by
Mr.. W. a. Burk, OF stanton. III.
Howard Swineford was made temporary
chairman and Mr.. ". B. McChesney
Temporary secretary, and the following
agencies found to be represented Da'is'
Childs a Co. Lynchburg; u. j.. ooic'
fredericksburg j. Il. Moore Co.,
Richmond j. w. Morton, heysyiiise, ;
p. j. Otey d Co.. Lynchbnrg o H.
puIiam x Co., Richmond; ID. Z. irwin
Lexington; q. W. Day ~ Son, Norfolk /;
Rraxton. Chandler ~ Marye, Newport
News: II. l.. Watts and G. NJ. Reynolds,
Portsmouth: Charles Lunsiord Son,
Tbomes Lewis & Co., W. j. Wright,
Travellers Loan and Trust Company,
Duuuv a Taliaferro. and Roanoke Loan
ana safe-Deposit Company, Roanoke
+. l.. Alfriend, Richmond; }. l.. wing
field Roanoke }. l.. Watson, Ports
mouth; Wise " Co., Alexandria D. H.
White. Bowling Green; Ivy X Kirk
pstrick. Lynchburg; ". ID. Hill, South
Boston i. Pollard & Co., Lynchburg
Parker & Vaughn, Franklin Augustine
Hovnl a Co.. Manchester; Z. +. Neins
& brother, Newport News; Childrey n
Mitts. Norfolk ). L. Moyler X Co.; Pc
tersburg Lupton, Sullivan 4 Co., har-
risonbnrg; Montague a Co, Kich-
mond: +. NJ. Crutchiield. Fredericks-
bnrg W. j. Dance y Co., Danyllle
". \. Buell., Heber Ker, and W. i; Ne
Chesucv. stanton Hansbrough n
Carter Winchester q. ID. Peasants n
Son. John y. Cary a Son. George e..
jefferson. and ". J.. Seldom y Co.,
Richmond; Robert Slaughter, Lynch
burg W. f.. Barrett ~ Go. and Semp!e,
Whiting n Cumming, Newport News
Wbiting. Semple ~ Co., ". q. Young.
and George i. Schmetz. Hampton; W.
G. Jones. Fork Union; ID. Humphreys
u Son. Norfolk \. a. Wariield, Alex
andrla J.. l.. Maury and Harper, West
AZ jenkins, franklin; Harper x West,
Suffolk; J. +. West * Brothers, Waver-
": j. Tyler jackson, Charlottesyile,
and others.
DISCUSSION.
Messrs. Jackson. Semple, her, and
Hansbrough. local agents, and Mr.
Egqleston, OF Atlanta, representing the
Southeastern Tariff Association, made
addresses on the business IN hand. Tins
discussion developed that the fight II
LARGELY one between the local agents and
the special agents. The former declare
that the latter cannot show that they
| have the consent 10 enter the assocla-
ton Of 90 per cent, as claimed, OF the
companies doing business IN Virginia,
and that the movement is one to concen-
trate power in the hands OF few men
and create new Offices, whose salaries
will he pad ly cutting down the com
missions Of the local agents.
On motion committees on business ano
Permanent Organization were appolnted,
and the convention adjourned to meet
in the Chamber -of-Commerce rooms al
$50 +. NJ.
Tho Night Session.
The convention reassembled at $50
p. NJ. and the body was the largest
meeting OF fire-insurance men ever gotten
together in Virginia.
lhe Committee on Business reported
a series of resolutions which were prac
tically those adopted by the Stauntor
meeting The resolutions set forth that
the interest Of the Southeastern Tariff
Association and those Of the local agents
are not geographically identical that
the trade relations of the local agent:
are not with the South, but with tho
North: that the local agents have &c
contend with mutuals, and that they
:. decline to accept" the terms and con
ditions of the pledge they are requested
70 sign as a reflection upon their III
tegrity, &c.
A MINORITY REPORT.
A minority report was submitted
protesting against the pledge and re-
questing that each company doing bust
ness in Virginia send representatives tc
confer with the local agents at meeting
10 be held Oh day to be fixed by the
convention.
The "pledge,' which the minority re-
port characterIZes as an irOn-clad OATH
| binds the agents not 90 take more than
! 3 Der cent. commission or receive any
compensation in addition thereto in any
form.
Mr.. Robbins asked Mr.. Eggleston if a
meeting was held in accordance with the
minority report would the companies
send new men down here to confer with
The agents or depute the same old men
to do that.
DETERMINED TO CIT DOWN COMMISSIONS
Mr.. Eggleston said the companies, he
supposed. would send down their repre-
sentative men. Continuing, he said the
whole question resolved itself into one oI
commission. The companies were de
termined to cut down commissions 10 Il
uniform rate of - per cent. lie thought
that such an intelligent body as TIL!
would see that they would have TO come
TO uniform rate aud veto the association.
1t was not right from standpoint oi
companies that % and - per cent. com
mission should be paid in Virginia ano
ID only in North Carolina. lie also
wanted, he said, to disabuso the mind:
of the local agents of the impression
that the southeastern Tariff Association
made a uniform rating on risks through
out the southern States.
FAVORED CONSERVATISM,
Mr.. Aliriend said that he was one o.
the signers of the minority report, anC
he was sorry to hear Mr.. Eggleston say
that the companies were determined tina,
the local agents should come within the
association. lie was in favor of conser.
vatism and did not wish 10 to be ridden
over rough-shod.
Mr.. Spencer, special agent Of the