The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-06-13
ORGANIZED THE BOARD.
Territorial Insurance Agents Are
Working in Harmony.

Working in Harmony.
Utah now has a state board of fire
underwriters, which is known as the
Board of Fire Underwriters of Utah.
Its membership will include every
agent in the territory, with the pos
sible exception of those OF the Home
n Phoenix, Continental and probably
one or two other -anti-cOmpact com
panies doing business here. The gen
eral opinion among insurance men,
however, is that it is but the question
of a short time when even those agen-
cies will see the light, as they have
done in the state of Montana, where
now all companies are members of
the state board.
This t~erritory's board was organized
at a convention of insurance men held
in this city yesterday afternoon and
at the conclusion of an extremely har-
monious session the announcement
was made that all of the preliminary
arrangements had been made and the
board would on the first day Of the
coming month enter upon the fUnc-
ticns of it's Office, as Upon that date
the Board of Fire Underwriters of the
Pacific ~withdraws from this district,
as it has already retired from all
others. After the end of the present
month the Pacific board will be
merely held in suspension, awaiting
a further urn put of the box and its
work here in this territory will be
done by the state board, Captain Don
nell being retained as manager. Ac-
cording to the constitution n bylaws
adopted by the convention yesterday
afternoon as the governing code of the
new board, the manager of h latter
will fv 1rofaS nftand fn the surveying
of the district and, in fact, perform
all of the functions vested in him by
the Board of Fire Underwriters of the
Pacific. A more fitting man than
Captain Donnell for the position named
could not be found and this fact was
readily recognized by the members
present and his election was unanl-
nous as a result. The outside repre-
sentation was largely by proxies, as
was stated would be the case by The
Herald, but all of the letters received
in response to the invitations sent out
were of a nature hat left no doubt
as to the standing Of the agents. They
will practically all come into the
board with a rush. a special commit
tee was appointed to draft an ad-
dress to the agents of the territory,
setting forth the needs of the oar
and the work which it will accom-
plish. This address is to be sent out
within the course of a few days.
The convention consumed some
thing over two hours. the smooth
ness of the work being the cause for
the rapidity with which h table was
cleared. Henry w. Lawrence occu-
pied the chairman's seat, while j. T.
D~onnellan held down the ~secretary's
desk. After all of the preliminaries
had received attention, the bylaws
and constitution were adopted, the
name of the board agreed upon n
then followed the election of officers
to serve during the coming year. This
election resulted as follows: Presi-
dent. Heber J.. Grant; vice-president,
E. w. Wilson,; secretary. j. II. Don
nellan; treasurer, w. S. Ferris; eXecu-
tive committee. c. Nye, of Ogden;
]. c. Stewart, of Logan; V. L. Halli-
day, of Provo; e. NJ. Fowler, H. P. G..
Coates, A. l.. Jacobs, L.. 3. Rogers, c.
E. Hudson and j. E.. Caine.
When all of the business on the
table had been disposed of an adj
journment was taken to the 9Th day
of October. The constitution and by
laws provide for the organization of
local boards in all of the cities of n
size and Importance and it is antici-
pated that quite a number of the sub
compacts will be organized within the
next few days within the territory.
Each local board will nave the man
agement of the business of it's particu-
lar locality, only matters involving
the entire territory coming through
the latter to the various companies,
which will bear their pro rata Of the
expense incurred in conducting the af-
fairs of the local insurance world.
All Agents Are In.
On the goth of the present month
the new board of fire underwriters of
the state of Montana. will commence
actual operations without a break in
its membership, for there is no longer
any cutting of rates in that state. For
some time past, Missoula has been
the storm center of the north, the
the companies to allow their agents
to join either the local or the state
board. Among these were the Home
and Phoenix, but now all the differ
ences have been adjusted n the
Home and Phoenix, which are re-
sponsible for the present situation in
Utah. nave become members of both
the local and the state boards. This
makes the membership of the state
board complete and effectually puts
a stop to the rate cutting which has
OGCA CdII4Cd Ol III oOA4AC NA-A Po'I-
Here in Utah the same old condition
exists, although there is less of cut
ting, for the simple reason, however,
that most of the business has already
been taken care of for long periods
Declared the Usual Dividend.
At a meeting of the board of di-
rectors of the Home Fire Insurance
company, just held. the usual GUAR
terly dividend of IL e cent on the
capital stock of a quarter of a mil