The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-26
Local Insurance Field;
NeWs of General Interest

T. c. Day C Co. have taken a bonding
agency OF the Title Guarantee and Trust
Company of Scranton, Pa.
The Oak Forest Mutual Fire Insurance
Company. farmers mutual Of Franklin
county. with over a thousand members.
7 7
Whitney James. the new special Of the
National Fire of Hartford. became MEM
Der Of the Indiana Association Of Under
writer's last Monday
y -
W. 8. Shelton. who has been general in
spector of the State Life since 1896, viii be-
come superintendent Of agencies Of there
serve Loan Life on Jan 1.
James w. Hull has been elected to sue
coed the late William r. PIunkett presi-
dent of the Berkshire Life. Mr.. Hull has
been the secretary for many years.
George W. Duke, Of Kokomo, president
OF the Indiana Association of Local Fire
Insurance Agents. has been placed on the
organization committee of the national as
ISOLATION
The Western Railway Underwriters have
insured the interurban of the
Holland Company between Indianapolis and
Columbus. the rate being per cent. on $2O,-
90 on each car.
The Indiana Fraternal Congress has
elected the following officers: Orval Ken
nedy. South Bend, president E. E. Sheer,
Indianapolis. secretary, and Walter A. Leg
sman. Evansville, treasurer.
The Provident Savings Life Assurance
will CT liSh doY,a rtyf, ept
on the first of the year with headquarters
in Chicago. F. N. Arvin. formerly manager
for Indiana, will have charge Of the new
department, which comprises Indiana, Ohio
and Michigan
The Bausch-Lamb Optical Company of
Rochester, N. Y. is preparing to furnish
600 Of its employees with life insurance for
two years. The company will pay the
premiums for that time, after which 1t is
expected that the men will appreciate the
value OF their policies and keep them up.
Thomas II. Bowles. who for many years
conducted a large general agency of the
Mutual Life of New York in Milwaukee,
and who last year made a sensational effort
to displace the president of that company,
has taken a general agency OF the Equi-
table Life Assurance Society for the State
Of Michigan. excepting the upper penin-
sula. He will have his headquarters in
Detroit.
A Boston paper tells Of a letter received
by an insurance firm OF that city in re-
Spouse 70 one OF lot of circulars which
were sent out explaining the advantages of
burglary insurance. The letter. rather
the note pencied on the lack of one Of the
cards, read as follows: IF servants would
steal Ike some of those business people,
they would not be servants so long. Serv-
ants isn't burglars.
Automatic sprinklers are among the most
effective of modern fire prevention devices
but they are not always to be relied upon
to exunguish a blaze. The Sterling Comb
Company. at Leominster. Mass, a we'll
equipped plant. was destroyed by fire this
month in spite of the sprinklers. which
operated accurately. but inefrectively. The
flames. in this case. reached a large stock
Of celluloid and defied ALI the efforts of
the fire department and the flood from
the sprinklers.
The brilliantly lighted and attractive holi-
day show windows which attract the at
tention Of shoppers are also the objects of
careful consideration on the part of cleo
trical inspectors from the fire insurance
suggestions for suitable Christmas presents.
but are on the lookout for dangerous con-
ditions which may cause fires. The mean
descent light globe. though il may appear
harmless and can be handled without in
convenience. is the source of many fires each
year Where these globes are I'm contact
with infiammabIe material an increase In
the current may cause sufficient heat to
start blaze. short circuit in the
socket Of the lamp may send forth sparks
that will cause destructive fire. AT this
season OF the year inspectors kept busy
cautioning merchants against this danger
In most cases the suggestions are taken in
the right spirit and the changes are made
at once. but occasionally the inspectors run
upon case where the proprietor becomes
offended and refuses 10 comply with the
requests. He soon discovers that the COM
pany which carries his insurance considers
the matter or deep importance for he will
be served. with notice that unless the defect
Is remedied the policies will be Cancelled.
The value OF credit insurance is becoming
more and more realized by merchants. 1,
does much TO relieve business transactions
Of their uncertainties, and IL II should be-
come generally patronized the chances for
financial panics would be greatly lessened
: Arthur Robinson. OF Rochester N " re-
Gently delivered an address on this subject