Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-01-01
A GRAND OLD INSTITUTION
The virginia Fire and Marine In


surance Co. "a Credit 10 the STATE
The Virginia Fire and Marine Insurance
Company, with offices AT No. lplo east
Main street. is an institution which Rich
monders and Virginians cannot help but
take great pride in Although more thah
G. years old It has a clean record. ms
means that II has met every claim upon
IL. To-day il is stronger than ever ana
there can be no question about us sta
bility. To-day II is under careful ana
conservative management. Its oihcers
and directors are men who are conspicu-
Gus figures In local financial circles. They
are men of high character and undOubted
Responsibility, men who have a long eX-
perience I'm the fre-nsurance business.
md they are determined that the solidity
pt their company and its manner OF con-
quoting business shall always be "A credit
10 both the city and the State.
In all respects the company is progress
rive, the ideal reinsurance institution
II Issues none but clear and explicit poll
ries They are always liberal and free
OF petty restrictions. and the losses are
paid promptly and without clubbing.
The unceaslng aim Of the Virginia Fire
and Marine is 10 sell insurance that as
sures. The company lives up 10 every
promise. The reader. seeking fre-insur-
ence, can rest assured that If he has
policy in this company that every obliga-
hon will be lived up TO TO the letter, and
should he be so unfortunate as TO suffer
the loss of home or other property, his
claim upon the company will be paid
without delay. This has always been the
record, and the Dispatch has no hest
fancy in saying that II will be maintain
I'd I'm tho future.
Some idea OF the company's strength
Today may be gained from the following
igures: It's paid up capital stock is $2,O-
Voc 1t has assets of $4,000 and a sur
plus OF 10000. Its premiums in Virginia
IRE In excess Of all other companies. and
fact, nearly one-siXth Of all other COM
sanies doing business in Virginia COM
Mined.
The Virginia Fire and Marine Insurance
Company was chartered March II. 1882,
,nder the name Of the Virginia Marine
Insurance Company. 1t is the oldest
Itock Company south Of Phl3GcGhia It's
capital was $4,000. 1t soon gained ;ke
confidence Of the public. whca II has
held uninterruptedly ever since. As a re-
sult, It's prosperity was great, and the
stockholders have enjoyed liberal divi-
dends from its earnings In addition TO
this. the company has laid aside large
surplus fund. When II is taken into con.
hideration that the company has passed
through one terrible war. many financial
panics. and is to-day more solid than
ever, is not this a guarantee for the fu.
ture?
In this day II takes no argument to Inn
press upon property the need Of
insurance. 1t is only the question Of the
company. No more substantial one than
the Virginia Fire and Marine can be
found, and Rlchmonders and Virginiars
as well as southerners. it would seem.
would first examine into the policies and
business methods OF this company before
placing their insurance. 1t would be cor
fainly happy way Of testifying their
appreciation Of the grand old institution
Its agents may be found in every city and
county I'm the State.
The present officers of the company are
Colonel W. II. Palmer, president; Mr.. W.
IL. Mccarthy. secretary and treasurer
colonel Palmer was elected in 1890 Mr.
Mccarthy became secretary In 1873. hav-
Ing been notwithstanding prior to thar
time. Mr. G. Il. Loehr Is the local agent
Mr.. n. Il. johnson is the special agent.
The directors OF the company ave.
pessrs II. Il. Addison. d. O. Davis N.
q. Noting. Ed. j. Willis W. Josiah
Leake, ana w. III. Palmer.