St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-08-31
THE MINNESOTA UNDERwRIT-
ERs, ASSOCIATION TAKES A
DAY OFF
FOR FUN AND SPEECHES.
THREE SCORE OF THEM MAKE A
PLEASANT TOUR OF MINNIE
TONKA,
md THEN HOLD A BANQUET.
Insurance Business Poor in Min
neapolfs on Account of De-
- cline in Population.

Yesterday at Lake Minnetonka
took place the annual outing and
meeting of the Minnesota Underwrit-
ers' association. Leaving ST. Paul
at 1:30 p. m. over the Great North
ern road, the excursfonists were
joined at Minneapolis by large del.
egation. The steamer Lotus, char
tered by the association, was in
waiting at Spring Park, and the
party embarked for a tour of the
upper and lower lakes. The Apollo
club, of ST. Paul, was in attendance,
and rendered some choice selections
for the delectation of the party. Re-
freshments were served on the boat
Inquiry revealed the fact that the
siXty-one members of the associa-
ton on board the Lotus represented
insurance to the amount of 81, 200, 900,
an average Of about $4,000 each.
When this had become known some
of the more pessimistic ones began
specializing upon the future of the
companies carrying these policies
should the Lotus go to the bottom
Upon the assurance of the captain,
however, that-she was the safest boat
on the lake, their fears were set at
rest and they were enabled to enjoy
the trip undisturbed.
After visiting the Hermitage, Fire
fly Island, Zumbra heights, How
ards point, Nordhome, Orono and
various other points of interest
around the lake, the party returned
to Spring Park, where, under the
direction of Manager Hopkins, of the
Hotel Del Otero, an elaborate BAN
quet had been prepared. Covers were
laid for 100. After discussing the de-
lightful menu, toasts were responded
to, interspersed with music by the
quartette. A unique feature of the
evenings entertainment was the
passing of the love cup, a large silver
tankard from which each guest, ris-
ing in his place, drank.
The toast master was President
Vantuil, of Minneapolis. The first
speaker of the evening was Hon. D.
r. Noyes, who responded to the toast
1.-THE Development of Insurance and
Insurance Companies" Mr.. Noyes
told of the formation of some of the
oldest companies and compared their
small beginnings with their present
magnitude. Speaking in relation to
the business in Minneapolis, Mr.. Noyes
said he had been informed that at
the time the census was taken there
was in that city some $4,000 people
who must have since died, as they
could not be accounted for at present.
This, the speaker concluded, must
have been quite a severe tax on the
Mill city Insurance. companies.
r. G.. Evans spoke on the subject:
He That Provideth Not for His Own
and Especially Those of His Own
Household Is Worse Than an Infidel.''
Judge Flandrau responded to the
toast 1.-THE Good and Bad Side of In
surance." He said he had never taken
out a policy, but could testify to the
desirability of insurance as protec-
ton to the home and family. He said
In his earlier days he had been taught
to fear an insurance solicitor as he
would the plague, but he had become
disillusioned as he grew older, and had
come to consider them and their bust
ness a necessary adjunct to metropoli-
tan life.
speech upon Modern Safeguards
after which the Apollo quartette rem
dered several selections, which were
heartily received.
The next speaker Of the evening was
Hon. A. H. Hall, whose toast was
FRAUD in Insurance" Said he:
Fraud in insurance matters is far
less frequent than the public generally
is led to believe. am just fresh from
a fight, continued the speaker, refer
ring to the Perkins case, where 1 am
doing my best to remove from an limo
cent person the stigma of fraud in
this connection. When you think Of
the noble and generous motives lying
as the base of insurance, the study of
frauds becomes a most interesting
problem. If it is to be charged, said
Mr.. Hall, that every person who dies
an ambiguous death was murdered
for the insurance upon his life, this
must react upon the companies Men
will cease to take out policies that
promise no other prospect than a law
suit for their families. These condi-
tons, he continued, are brought about
by the fraud practiced by some I'M
scrupulous companies who would rath-
err bring a charge of murder than pay
just claim. Mr.. Hall concluded his
remarks by stating that as the people
had great faith in insurance compan-
les, so should the companies have in
a measure the same confidence in the
people.
Yesterdays outing was participated
in only by the underwriters and their
gentlemen friends, but President Van
tuil stated that next year the ladies
will be invited, an Invitation sure to
be appreciated.
Among those present from st. Paul
We're Judge Flandrau. E. w. Peet, w.
L. Peet, p. r. Noyes, II. S. Gilbert,
A. P. Quesnel, c. J. Hunt, Benjamin
Stillwell, N. B. Parsons, J. w. Smith.
R. A. Graham, B. F. Beardsley, A. V.
Eastman, George D. Taylor, w. D.
Potter, r. A. Hoyt, c. N. Runyon, A.
w. Murtin, Benjamin N. johnson.
Rollin Stewart, John McColloch, WILL
lam Candy and D. A. Matthews,