Omaha daily bee., 1902-03-02
BOND COMPANIES IN OMAHA
Eesdy Five Millions N Indemnity Hns
Been written Here.
&c SUNS PLACID BY CORPORATIONS
ufy and County oRetaIs P~nfroaise
90 some Exseat. but
saloon Wen Held "a
Old eysteR-

- 49,
The country. and IN no pHr1 q the United
States Is their Success mere apparent than
tn the west Omaha furnishes a fertile held
Ter the operation % these companies. and
the total amount q Indemnity In force in
this city mounts hiEh into the millions II
- Impossible 20 give even a close hpproxi-
DHflo1 q the ten amount in fierce. IS
Each q the business Of the companies is
eo1Eldered confidential hy the agents Much
~ q ts dnos directly with the home onces.
fhs REen1E knowing DothinE about the per
suns Bonded nor the amounts Issued Again
many persons whose bdsilty is warranted BY
these companies are holding positions where
bonds e this character would 1ot be sK-
peeted There are also 50 many bends sx-
pirtng By completion Of contracts and from
ether causes. 80 tha1 IL Ia impossible for
any one person 10 knew Al any given time
exactly hoE much is IN force
The Omaha company paying for the lsrg-
est amount q bonds fer its employees in
thsss cnz7saizs. prohably. is the Sovereign
Camp Of the W~oodnsn q the WorlL The
beads in force in this society Al this tine
h something IN excess q $500. 600. These
bonds run sTum s25e.BBp on the sovereign
clerk. sIph. eDe on the sovereign commander.
eo~a 70 s1-oee OF clerks and suditors il The
oeans ana deputies IN the hsld The SOW
ersiEn camp bonds ifE employees in one or
Eurs eonpA1ies. dealing directly with the
hone onces without the msaiatien Of
Agents
UaeHe San = Paeron-
The United States Postomce department
ts another heavy patron Of the companies.
bgt N this instance each empl0Fe pans for
his own bond Companies bonding govern
ne1t employees must be approved BY the
EoFernnent. and the adelitF Of many Of the
clerks and carriers Is insured by q
"blankrt- bo1d. the names Of n hundred OF
more being inserted IN che bond with the
amount for Ehsch the company tE liable be
t1g specifies after each name There are
seFelty-zine reEular carriers On the force
nj about seventy clerks. which. with the
Substitute carriers. VII bring the total
punber q ended employees Of TIE Omaha
poStoface 70 about 1so- Their ponds vary IN
amount from fl.8DB TO S5.0e8, the total be-
ing appruxtnAtsly Sz50.O0a.
In this connection there In a very mpor-
tAnt question rs to the validity Of nAny Of
the bo16s now IN force in the posto4ces.
net only in OnAha. but Of al of the other
cities IN tia country- II has been about q
year since the Postoscs Department intro
euced . new system by which carriers were
Instructed 70 ~receiFs n1d recsi2t for regis
tsrsd letters and packages and 70 deliver
then ~ TIE addresses instead q requiring
palrons u uuncs 10 tie oncs 20 ttansart
Business win the regiEFry department
Ez1y # rs Fones written ~ l1demnIEy
ooznpnn1es 70 cover carriers were written
before this order went into eject One
ease has occurred where a carrier enbez-
sled Registered letters entrusted TO his care
and the bond company refused 70 make the
ahnrtRge Eoo6. setting ID that tbs govern
Dent had violated It, contract and in
creased The Hazard ~ placing registered
1stters IN charge Of c~arr5srs without the
consent q the beading company
In the other departnents Of the public
service the bead companies are IN the as
o~e0dAncy. but the exact amount q bonds N
eoroe eaunct be given An estimate made
~ hsads Of departments places the total
amount. including the chief 0ncers ane
thsir clerks. AZ shout 500. BO0. These boDas
~ government employees are an especial
tna Of business. the companies not being
~ stringent in their demands for previous
history and standing q persons bonded a.
they are I An application h received
frum employees Of private concernh
ExPre.s aad Railroad ProteetIsa-
The express companies and railroads AZ.
Row Eneng the principal patrons q IN.
bond companies IN Omaha Here again ths
inquirer IL oonfr0nted with an almost I'm.
possible task when he desires 10 learn tn
extent C the business Of ths bond con-
pa1ies- The matter Is treated as con6den-
tai BY many IN . position 20 know, EhIls
the records q other companies. shOwinl
Aess facts are not IN this city II il ssu.
mated that the total amount IN fierce IN al
q the companies upon employees residen'
n omaha Is s1.o0o.Ooo. which d rather unde
than over the exact amount.
In recent years the cOmpanies have besl
e-1oszrorsnE 70 get q class OF busineMl
which has net sAozn an inclina1s0n 4,
aFaA Itself q the o1ers q the agents. an,
Gat Is the retail liquor trade- In onEhl
Nsrs are ES8 saloons. ne owners az eacl
giving 4 bond 70 the city in The sun Q
tAooh Just I've q these dealers an
bonded by indemnity oonpanles, 70
Nhieh thsy pay an annual Zee Of SIS eaeh
he Other cealers cArry personal boads
far HAAeh they pay nothing. he drug
eBta. having a chsAper rate, are bette
Patrons q the bond companies. eleven o.
q \ Arty-thrss IN the city having tn
snE1 q bad.
IN the city hAfi the bond euupanis
have doAe Sod business. haFing Erit.e
&1s7 5soe q he total ADoznt n force. N
rae here charged varies With ia Shoxin
maze e PrsFsous work and trust. ssd n
posEihillties q the once Naturally IA
hrgE bad comes from the city Treasures
VIA has secured tia city against los
nroogh his Acts BY q bond q f30o 90
fhs next highest bond Is that Ct the "a
cODr.Esio0er. which Is hut - per cent {
that ef he treasurer Tbs city engines
gives a bond q $4,000 ne city clerk. n
couptroler ana sch cpunclmAn give
bond 70 the amount q ts.0a0. While n
n q ths building Inspector IL 500
EEezty Deputies IN TIA TAX cncnnissiuner
encs give bond IN The sun q slooo sacl
ne city ouncl Is as eEe1ly divided I
possible On he Q~uesfioa % patroniEing Il
eemnity oompanies. eur 81 the nsnbel
giving personAl ba1dA as DO the nays
and the city attorney
CsulfE Indennffy IN Ferce-
4. ths couE1 boass The total value q Il
bunds IN farce uPOn county OnciAls
tgI.EDQ. q Nhich sos. zoe il furnished
ths county Treasures h other omce
Whose bonds. given ~ Indemnity con
pAEihE. are reonrde6 are; Cruntg ciei
and oae deputy. $500 each reoor3sr
deeds. t1o00o. sheriI. Slo.ooes I've dep
staz. SIoo8 each elerk q ths e0urt 81
o0e: county sudge. sso .De3. surveyor. $50
w - NrH~ rnrrmrw wnmmHEanmEr