The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1895-01-09
AN lNSURANCE.FIGHT.
Whether the Lloyds Can Do Bushes
without License in this State.


Whether the Lloyds Can Do Bushes
without License in this State.
COLUMBIA, S. c.. Jan. 2.-There
promises to be a sharp fight in this
State over the question of whether the
Lloyd insurance concerns must pay a
license to do business. The conten-
ton of W. S. Monteith, the general
manager for South Carolina of the
Lloyds, is that they do net have to
pay license, as they are individuals.
The following correspondence on
the subject is self-explanatory:
COLUMBIA, December 81, 1894.
To the Honorable Comptroller Gen
eral of the State of South Carolina
Sir: On the part of the underwriters
of the South and North American
Lloyds and the underwriters of the
New York and Chicago Lloyds, Whip
pie & Co., attorneys. doing business
at 35 Liberty street, New York City, l
write to inquire if there is any law
that YOU know of that makes it neces-
sary for said underwriters, wishing to
do an insurance business in the State
of South Carolina, to obtain license
from you for such purpose, and. if So
please inform me what are the essen
tia,s.
I am ready and willing to comply
with anv law that makes it binding
uDon individuals to obtain license
and do not desire to evade any statute
of the State of South Carolina; and
! will join with you in making tia test
case as to whether the law as it now
stands relative to insurance compa-
MES includes underwriters whom l
represent. Respectfully,
W S. MONTEITH,
General Manager Southeastern Divis-
ion.
Mr.. Norton sent the following reply
to Mr.. Monteith:
Replying to yours Of the 31st ul-
timo I beg to say that being supplied
with a copy Of the laws of this State
governing fire insurance. the require
ments therein for companies. assocla-
tons or associations of individuals
wishing to enter South Carolina and
| do lawful insurance business is be-
| fore you and, | must assume, plain.
1t will be my pleasure to issue license
to any company, association. orgam-
zation or association Of individuals
wishing to enter the State, whenever
such application is properly filed, ac-
companied with the necessary prellm-
mary papers and fees as required by
the laws of South of Carolina. None
of the companies or associations re-
ferred to by you have made any form
al application for license. therefore
| none have license from this depart
ment to do business in this State.
1T is not the province or dutyEo Eot
this office to arrange test cases for the
courts, but to enforce the laws as we
find them under the advice and con-
struction placed upon such laws by
the proper legal officers of the State.
Whenever the proper papers in due
form are presented they will receive
prompt and careful attention and
such action made known to the com
pany or association fling them"
Mr.. Monteith has sent the following
card to the Register regarding the ar
ticle which appeared in yesterday S
paper:
COLUMBIA, S. c., Janurry 1. 1895.
Please say to the fire insurance
agents who it is said have written
Comptroller General Norton asking
If the Lloyds, which have recently
entered this State, are doing business
under the laws of the State, that, as
the representative of the Lloyds, I
answer-We are doing a large business
strictly in conformity with the laws
of the State, and further, please say
that I deny emphatically. and declare
as untrue, the statement, by whomso-
ever made, that the Lloyds have in
no way complied with the laws of
this State, and are doing an illegal
business, and here assert that they
have complied in every way with the
laws of this State, and are doing a
perfectly legitimate business. and
when the Comptroller General sees
proper to attack US, we will domon-
strate thiS.-RegiSter