The age-herald., 1898-07-16
GEN. L. Y. CLARK IS INSURANCE BROKER For the Southern Lumb0rman'S ManuIaC-
 tuferS Association, WHICH MET AT SHREVESPORT A Day or Two Ago in Semi-Annual
 Meeting. GEN. CLARK WON AGAINST BIG ODDS It is His Business to Place the Insurance of AlIthe Southern Lumber Mills, Va'usd .
 About $5,0O0, ,000, at
 Uniform Rates.
GEN. CLARK WON AGAINST BIG ODDS

The Southern Lumberman's Manulactur- CTS association has just closed it's semi annual meeting of two days at Shreveport, La. This association is regarded as one of the strongest in the country, and includes the territory covered by the yellow pine foi- ests of the south and middle west-M,s- souri, Arkansas, Texas, Louisiana, Mis- sissippi and Alabama are the states rep resented in it's membership.
 The attedance was not quite as large as usual, and outside of regular routine busi- ness, the principal business transacted was the establishment of uniform grading. Many mills do not grade their product alike, and considerable difficulty has been experienced by the purchaser of lumber on this account. Consequently, in agreeing upon uniform grades, the association has accomplished great results for the yellow pine manufactures.
 The next most important step, the most important, was the concentration of their insurance interests with one broker, which important position was given to our fellow townsman General Louis V. Clark, of Louis V. Clark & Co.,, in the following resolution, which was unanimously passed:
 Resolved, That this association does
 
 directory at a special meeting called in St. Louis, Mo-, April 20, 1898, of General Louis V. Clark of Birmingham. official insur- ance broker and does hereby pledge him it's earnest support and cooperation to the end of his ultimately placing for its members satisfactory rates, it's entire line of fire in surance, aggregating several millions of dollars in property, and that the details Of the work be entrusted to the insurance committee and board of directors with power to act, and said committee and board of directors are hereby directed to put this resolution into immediate opera tion.''
 General Clark when seen by reporter on his return yesterday morning, stated that the amount of insurance involved aggre- gating between five and six million dollars, would require considerable thought and time to fully establish his plans. etc., but that he felt assured that on account of the volume and the class of insurance he would have no difficulty in getting the best com panfes interested, with thorough system of inspections, etc.
 This would tend to materially improve the fire hazard of the saw milling risk, which would necessarily give the policy holders the benefit of considerable reduc- ton in rates of insurance. He states the average rate paid now Is about per cent, but many of the mills had. improved their fire protection so greatly that they have obtained very low rates, some as low as 1s4 per cent.
 General Clark's friends are congratulatfng him upon securing this enviable position in the face of competition from St. Louis, Chicago and other large cities. General Clark's long experience, however, in this particular class of business well qualities him for the honor which he has received.