The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-04-25
GUSTAvE ECKSTEIN g. co,

permanent, to whom the daily run OF mar
thine, fire, and even burglary, insurance
offers few. II any, attractions whatever
Amy day, therefore, may be seen a string
Of individuals hanging about the Room"
or the entrances to the various Offices
bent upon obtaining a speculative indem-
MITIGATION for possible losses
Just now there Is a great clientele for
the brokers In jubilee Insurance, and II
has already been announced that a large
number Of assurances are being effected
on the life of the queen at the rate Of five
guineas per cent. for three months Also
an immense deal of business Is being done
IN insuring the lives Of the royal family
and In guaranteeing the route Of the royal
procession.
Indeed, an afternoon spent in LIoyds
just now Is a most interesting diversion.
The practice Of the brokers Is, in many
instances, to study the morning papers,
and, having made notes OF the chief
events Of the day. to offer sporting risks"
on many OF the listed occurrences.
To people TO whom Il directly concerns
an insurance against an impending calam-
ity is Of the utmost moment. For exam
pie, the other day Greek merchant. who
had consigned to him a cargo Of currants,
not only saw that the vessel and cargo
were insured. but he also wished a 5000
insurance against the possibility OF a
blockade In Greek waters. Several brokers
jumped at this risk, which cost the in
sured a matter of go.
And here IL may be mentioned that these
sort Of assurances rarely exceed 5000.
This is the sum which every underwater
at Lloyds is required TO deposit with the
committee on election. In addition TO an
entrance fee and an annual subscription
OF f2l. Yet only last week a certain in
surance was effected for $4,000, which Is
believed TO be the highest OF this charac.
ter ever made at Lloyds.
There Is hardly cabinet minister or
eminent public person whose life IL not at
this moment insured here" said a WELL
known broker TO the writer. Naturally,
they do not Insure IL themselves; It u
often done by those TO whom their death
would mean a serious loss-chiehy, OF
course, pecuniariy. Very often a servant
will insure against his masters demise.
We have had, quite recently, theatrical
manager insurlng against empty houses
risky venture for US that, on the eve
Of a new plav-and I myself have issued
a policy covering the success OF a news
paper. 1 may tell you, without betraying
any condolences, that when a certain pa
per ceased publication not long ago ! was
out of pocket 1900. / had insured It's
continuation for at least one year. In a
word, there Is nothing In the shape OF risk
we are not prepared to issue policies up
on"
Il have heard that you insure against
measles2"
THAT has only been done once 20 my
knowledge at Lloyds. But we are pre-
pare 10 make our measles insurance a
special feature. n enough clients come
along. DO you sec that slight young mau
yonder. with the blond mustache7"
The writer looked through the crowd IN
the direction Indicated
THAT Is Mr.. Hutchinson, and n you viii
come with me will show you a copy OF his
famous policy insuring a lady against hav-
lug twins--a most unique policy"
SO unique, indeed, that II is produced be-
low;
Whereas. IN an agreement entered into
this third day OF September, IN the year
OF our Lord one thousand eight hum
dred and nlnety-six, between EDWIN
---. underwater at Lloyds. and
MARY ------ ---- OF ---, and a pre-
MUM OF three pounds ten shillings
having been paid thereon by the said
MARY -- ----- 10 bind the agree-
ment nforeania
KNOW so, therefore. that 10 the event
of the sall MARY ---- --- bearing
twins during the next two yenfs tho
said EDWIN ~~--- ~ 90 pay her tire
sum or one thousand pounds within
thirty days from the birth OF said
twins. fSignodJ"
The most remarkable thing about the