The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-05-26
GENERAL BOARD MAY FORM.
Insurance Agents Are Moving For
Territorial Organization.

1t now begins to look very much as
though a territorial board of fire UNDER
writers will be the outgrowth of the local
board perfected in its organization on
Friday afternoon, as stated exclusively in
The Herald. The necessary preliminary
work is now under way and there is a
marked disposition manifested on the
parts of the outside insurance agents to
get within the lines of the union camp
for the purpose of engaging in the strug-
gle which is now on. Such a move on the
part of the Utah underwriters would be
but move in line with the actions of the
Montana and Oregon agents. In both of
these states organizations have been per-
fected, that of Oregon having been COM
pleted yesterday and all of the work OF
districts of which they are the center is
now passing through the head organiZa-
ton of the boards. 1t is understood that
in view of the practical retirement from
active business operations of the board of
fire underwriters of the Pacific, the Mon
tana state board will take care of all bus
mess originating in the state of Montana
and northern Idaho, making reports d.
rect to the home offices, while that of Or
egon will have the business of Oregon,
Washington and part of Idaho. Rates
having been suspended in California and
necessarily Nevada, this would leave
Utah out by herself and for this reason
the agents of this city are preparing to
make the initial movement to secure
state organization for Utah. AT present
the board of fire underwriters of the Pa
cific is maintaining the local branch and
Captain Donnell will remain in charge as
o of5ere d Dqt in he ADDITION M have TO t hs
management of the local board. Should
a state organization be effected, however.
it will go into effect only when the local
branch of the parent board is suspended,
and then the, captain will have the man
agement of the new organization also.
Niagara Has Withdrawn.
It developed yesterday that the Niagara
Fire Insurance company of New York,
has decided to withdraw not only from
Montana but from the entire Pacific coast
and Messrs. Heber J. Grant & Co. have
received notice to the effect that they are
to write no more business for the COM
pany at any rates until the present fight
is over. 1T is understood that there are
several other long-headed companies
which propose to follow the lead of the
Niagara. This latter company has never
done a very heavy business here in Utah,
but it is one of the strongest doing BUSH
ness in this country. There will be no re-
insurance of the business already written,
for the company will retain all of the
risks taken and simply retire from Paci-
fic coast business until the storm blows
over. 1t is not now anticipated that there
remainder of the summer unless the COM
panies should sustain some heavy losses,
in which event there would without doubt
be a great getting from under.
May Get Bad Medicine.
No official statement has been made on
IL
terday that at least one of the heavy
companies had decided that the Home and
Phoenix will next year be forced to write
policies at the same cut rates they now
seem so fond of quoting. 1t is proposed
to give them some of their own medicine,
and if the big company whose representa-
tive has made the statement as here CIV
en- maintains its point, and it has the rep
utation of always standing by what it
says, then will Mr.. Magill surely reap the
whirlwind, for there will be no quarter
given.
Caught on Idanha.
the fire which on Friday destroyed the
works of the Idanha Mineral Water COM
pany at Soda Springs, entailing loss of
that of Whittemore & Cooke, whose Lon
don and Lancashire was on the risk to
the tune of $3.50. 1t is understood sew
eral Ogden agents were also on the risk
Non-Credit Clause On.
The non-credit clause, recently adopted
at a meeting of the local board of fire
new policy written bears the stamps pre-
pared for the purpose of bringing the |
matter to the attention of the assured. |
One of the stamps is placed on the policy |
back and calls attention to the vital |
clause, which is attached to the inside of |
the paper; The latter is as follows:
become void on the 18th day of the fol- |
lowing month from date of issue unless |
the full premium named herein shall have |
been actually paid at or before Il o'clock, |
noon of the said 18th day, and this notice |
is accepted as sufficient compliance with |
the required cancellation notice in the |
printed condition of this policy, viz: |
This policy shall be cancelled at any |
time by the company giving five days |
notice of such cancellation" etc., etc.
This slip is attached to and made part |
of Policy No. -, issued by the Never |
Fail Insurance Company of Oshkosh
RAINS REVIVE THEIR SPIRITS.
of Kansas and Nebraska Have