The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-01-12

K tona! and the other two the authority
OF the separate states. would seem to be
v ample. The result OF their work could
begsasHstted 10 the states concerned,
q for legislative approval.
I iamtnot prepared TO submit an esti.
Y mate. because much would depend on
: circumstances, that ist on the present
condition OF the marks, bur / should
think 80 200 would cover the cost TO the
three states, leaving out the salaries OF
IA the state commissioner. ri
Z Prof. william Bullock Clark, the
n tate geoipglst.s OF Maryland, estimates
that a fair adjustmentt OF the expense
OF 10000 between the three states
wotid be for Pennsylvania to furnish
4 49, 900. Maryland $1,000, and West, Viz
Z Kinia II 500, which adjustment has been
4 arrived at after an estimated Ineasure-
4 mcnt Of the length OF the line and the
+ probor. Donate expense for the resDcc-l
i've states. Professor, Clark states that
" the r. logation. OF these markers IL real
Y ~ matter OF very great Importance
4 to the Various land interests involved.
ana that he would be very glad 10 co.
= operate with ~ representatives from
X PennSylvaniafa and West Virginia Will, a
I view no having the line properly estab-
ilshed under the Joint supervision Of the
y respective states and the United States.
( CONSTITUTIONAL AMENDMENTS.
That the present constitution badly
!6sSnEedsf amending is generally conceded.
The Legislature, mt its last session. APP
polnted a committee to prepare q series
9pftreccssary amendments. which have
Peenscarefully prepared, and Will be
submitted to your; honorable body for
reconsideration during your present ses-
Il zion. Th'sy matter Is OF grave import
nnce TO all OF our people,, and deserves
the most serious consideration at your.
hands: Il
REPORT OF THE ATTORNEY GEN.
Ks y; q 4 5 tsss ET,kL. Ks .li
The attorney general Is the law officer
OF the state, and many, Important legal
\ questions have, been referred to him by
m;self and by the board OF public
works also.ta lie has acted intellIgently.
vigorously and properly upon MI ques-
lions referred to him; and his report
VIII show; that he, has rendered 10 the
state faithful and efficient service. The!
state is better off, !. by many thousand
8&doilars, us the result OF his ability and
energy. ! commend ait that he has
dong, and Il am confident that you will
& approve his, y actions In his vigorous
manner. or recurring all parties TO ac-
count to the people In strict conformity
with the requirements OF our statutes.
n e STATE INSURANCE. IN s
At my instance the board OF public
L works took up the matter Of Insurance
n Of the property Of the state. 1t was.
"a and Is my opinion that we, are carrying
avery much more insurance upon the
lS property OF the state than should be
carricd, considering the cost Of the
" property, and its depreciation by nge
Ssand s.wcarfand tear" 1t was also be-
lieved that tho policies were not care
July written nor. We're they, according
TO insurance rules. properly concurrent.
IN cases OF loss, insurance companies
I avail themselves OF every possibl: tech
nicafity. and In no instance do they ever
pay anything above the actual loss by
fire. Therefore, to carry excessive in
surance is absolute folly. No business
Z man does it, and state should not
do It.. 81
To ascertain all the facts. such as the
actual cost ofsevcry building belonging
@fto the state, tile amount Of insurance
= carried upon each, and the form OF all
I the policies as written, the board OF
public works directed me to employ a
: comReten, INSURANCE. adjHster and I'M
derwritefsso make the necessary nves-
isatiOns.s Tho; agent. thus employed.
J visited and inspected each state build.
Ing, nsccrtuined Its cost. examined 1t
carefully. copied NIL the forms Of poll
9 cles written thereon, and gave proper
3 advice; and suggestions In the way OF
preventing fires. and made q detailed
65 report thereon, which report is on file
I in the Office of the secretary OF state.
One OF the long existing conditions
which confronted the present adminis-
i ira ton * was this insurance problem.
Y FOR the purpose OF ascertainlng the nee
esSary facts. 1t was deemed advisable
TO 'carafully investigate NIL of the insu:-
ancc contracts In force, 50 as to under
stand the distribution of the Insurancc
z with reference to the actual valuation
OF the property Insured, and TO correct,
II Hccessaty:lnny existing irregularities.
. "Ss .hSiloNil'6 VIII StlOW ttlt
condition ln which the state'a insurance
was found. by the Investigation above
referred to-:
Insurance. in force. ,Sg56. oft
Valid Tor renl) Insurance. AL 500
3 Void Insurance .................. 74750
Excessive insurance ............. i59. 9SS
The aboye insurance cost the state for
z the period of three years, the sum of
sl7,5l9 0A,ion this thevalid premiums nrc
$751; 69,.voId premiums si.2I1 80, aud
excessive premiums $3.50 IS. Or Of the
: entire Insurance upon the states prop
crty, It has been uscertalnrd that forty
y Sour per cent is valid, eight per cent Is
void, and forty-eisht Per cent ls axccs-
s!ve. Besides this, thu greatest posi-
ble,divGrsitg In rating che same class OF
property among the same physical sur
:oundinss, oceuHied for the same pur-
poses WAS also found to exist.
1t WAS likewise further ascertalned
that du:inglthe past twenty years. the
3 state has paid to insurance companies
for INSURANCE. upon Its property, al av-
eraSc OF. about S5,S50 per year. or ap-.
DroN!mately MlG,SO0, in aggregate, which
with Interest at g per cent for aae-halr
the twenty gears. will aggregate $751;
q $40: while. the entire losses paid by in
st':ance companies 10 the state, during
the same period. will net reach. ali
told, the sum Of si3.0o1. This shows n
loss to;thc insurance companies OF
about one and one tenth per cent of the
premiums paid by the state for its in
surance.