The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-03-30
SCHOOL INSURANCE.
The News Gives Mayor
Hoos Desired Informal
ton Of the Ratio.

The burning of Public School No. 20
and the recovery by insurance of about
one-third it's value has given rise to
discussion as to whether it would not be
wise to increase all the public school
buildings. Mayor Hoos has the subject
under consideration. He has asked the
Board of Education for a report showing
the cost of each school building the
value of the fixtures and furniture and
the amount of insurance that is being
carried. The information has not been
given officially but the News" today
presented it.
On No. / School there is $4,000 Of in
surance on the building and $1,000 on the
furniture. The value of the building and
personal property reaches $125,o0O
On No there is insurance of s15,O0o
with ST. 900 on the furniture. The build
ing is valued at $4,000.
No. is insured for $4,000 with an ad-
ditional 81 900 on the fixtures. The build
ing is valued at $50, 800
No. is valued at $48, 10 and is insured
for SIG, 500, with 81 900 on the fixtures
No. 6 is valued at $57.282 and is insured
for $4,000, with $3.50 on the furniture.
No. is valued at $685. with insurance
aggregating $15,950, of which $3.50 is on the
No has a valuation of s51.s7s It is
insured for $4,000 with $3.50 extra on the
No. is valued at 100000 1t is insured
for s35,000 and has 81, eco on the furniture
No 10 is valued at s20,660 and has a TO-
tai insurance of $3.50 OF Which SSso0 is
placed on the fixtures.
No Ii and IL Annex are valued at s.. .S6l
and are insured for $500, there being $3.50
on the furniture.
is 20,000, with $3.50 extra on the furniture
No. 13 has valuation of $27,772, and is
insured for $500, with $3.50 on the fix.
lures.
No. IA is insured for $1,000, with an ex-
ira $3.50 on fixtures Its value IS hxed
No. Is is insured for SIS, 600, with $3.50
more on fixtures. The building is valued
No. Is is valued at s12,S1O. 1t is insured
for $1,000 all told
old No. II is valued at $4,000 and is not
insured.
New No II is insured for $4,000, with
81, 600 for furniture.
No. is is insured for $22, 500, $4,000 being
on the fixtures The value OF the prop
erty has not been fixed.
No IS is valued at $4,000 and is insured
for s15,OO0 with $500 on the furniture.
No. 81 is valued at $50, 464, and IS in
sured for $1,000, of which $1,000 is on fur-
No. % is valued at S4S.000 The insur-
ance amounts to $4,000 with $1,000 on hx-
lures. ono :.
NO. ~ mas VdluallOll VI PoosoVo sAN ~
insured for $4,000.
No. "a has a valuation of So. 457 and is
insured for So, 900, of which $1,O0 is on the
furniture.
at S7S,77S.
No. 26 is also insured for $4,000.
The High School is valued at SOS, 1Sl and
is insured for so, 600.
1t has always been customary to carry
about one-third the value of building
in Insurance The present Board has not not
departed from that custom, although the
destruction Of No. 20 opened their eyes a
bit. ~
It is argued by men who have given the
subject consideration that it is useless
expenditure of money to insure school
buildings heavily. The fact is cited that
fires in school buildings are unusual ana
as a rule are readily extinguishec
In the case of No. 20 the conditions were
extraordinary 1t is now maintained by
the Fire Department officials that had it
not been blizzardy and had 1T been pos
sible to have reached the building IN
anything like regular time the school
would have been saved.
Mayor Hoos will consult with the mem
bers of the Board of Education on the
subject of revising the Insurance lists