The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-03-10

BY a very close vote the members OF
the board Of arbitration appointed to
pass upon the differences between NJ.
H. Walker, the owner Of the struc-
lures on the northeast corner Of Main
and Second South streets, and the
building inspector, yesterday decided
that the condemnation proceedings of
the inspector should stand and that
the buildings recently damaged by fire
should be removed at once. After a
thorough inspection of the premises a
vote was taken on the damage su5-
tanned by the structures in the fire,
for the purpose of determining the de-
cision Of the board, so per cent damage
being sufficient under the ordinances of
the city TO confirm the condemnation
OF the inspector. One OF the members
held that but rs per cent Of damage
had been sustained by the buildings,
the second placed it at 81 per cent and
the third at SIS per cent. This gave
the inspector two points in his favor
and affirmed his action.
Mr. Walker has not yet decided what
Will be his course regarding the re-
moVal of the buildings and the erection
is more than likely that he will put
up a substantial one-story brick, stone
and iron business block. with probably
foundation capable Of carrying five or
SIX stories more when the tirnA ar
rives. In the event OF Mr. Walkers
deciding upon the latter plan the Main
street side OF the structures will be
adorned with a handsome front. There
are several propositions now under
consideration by the owner of the
damaged buildings. One Of them is to
go ahead and make the repairs on the
buildings regardless Of the condemna-
ton by the building inspector, allowing
the matter TO be fought out in court.
1t is hardly probable that the latter
course will be adopted, but the indica-
tons point to the early removal of the
damaged and condemned buildings
! from the corner and the occupancy Of
the site thus cleared by a first-claes
| business structure. Mr.. Walker will
! give his decision within the next day or
two, and until then it would be idle
| guess work to prognosticate as to what
will be the result.
| In the Managers Hands.
|. Now that all negotiations regarding
I the settlement Of the CLASSIFY fire loss
| have been declared off, as far as the
! adjusters are concerned, the matter
| has gone direct to the general man
/ ayers of the companies which were in
! the loss, and upon their decision will
| depend the peaceful outcome Of the
matter. All OF the data of the case is
now before the powers that be at San
| Francisco and II is anticipated that
! within the next four or five days an
| official answer will be received from
| the west. Should that answer be in
support Of the adjusters then Mr.
| Clasby will be forced to take the mat
! ter before the courts for adjustment
| It Is highly probable, however that
| the insurance companies will make G
! direct proposition OF settlement ano
Mr.. Clasby will accept.
They Settled in Full.
! Some time ago suit was brought by
one of the former policy holders of the
Home and Phoenix Insurance compan
| leg in Justice Lochrie's court against
the companies named and their resi-
dent special agent, for the purpose O!
testing the short rate methods uset
| by Mr.. Sinclair in figuring return pre-
nlIums- While the amount involved
\ was small yet there was a principl.
Of vital Importance at stake, and {
great deal Of interest was taken in thC
! case by the local insurance agencies
It was anticipated that a good fgh
would be made by both sides, but TIT
Home and Phoenix saved all trouble
by conceding the points made by thu
plaintiff in his complaint, and payins
the full amount sued for and costs
This was q virtual admission that thu
three months short rate clause undA
which Mr.. Sinclair figured his return
premiums was not in keeping with TIT
customs on the Pacific coast, wher'
the one-month clause is in effect.
TAree.Fourth's Loss Clause.
Governor Mcconnell, of Idaho. ha
Officially declared that the three
! fourths loss clause now being enforced
in Idaho by the insurance companie
| doing business in that state is perfectly
valid and ont Of the few protection!
| possessed by the companies agains
dishonest property owners. His excel
lency has just refused his signature tt
the bill recently passed by the legis
lature Of that state requiring compan
| les TO pay the full losses sustained b1
fire. This clause vas put into effec
throughout the north and northweg
/ last summer. and in certain Ioealitie.
I