The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1904-01-08
MEMBERS OF HARTFORD MUTUAL FIRE IN
SURANCE COMPANY MEET.

The annual meeting of the members o
the Mutual Fire Insurance Company o
Hartford County was held i'll Bel Air OF
Monday. 1t was called to order bv Mr.
George X. Cairnes, and on motion Mr.
George E. Silver was made chairman anc
Mr.. A. p. Silver secretary.
The report of the committee to examine
a report of the directors for the year end
ing November 30th, 1903, was submitted
by Mr.. w. Beatty Harlan. The follow.
ing recommendations Of the report were
adopted:
The committee recommended that as
the present rate of premiums does not
give sufficient income to meet the losses,
as is shown by the gradual absorption
of the surplus, it suggested that the
rates should be increased. The mini
mum on barns was raised to ten per
cent, to take effect in 1905.
The committee recommended the ap-
pointment of an inspector and reaffirmed
the action taken in that regard by the
annual meeting of the members in 1903.
1t was recommended that directors he
allowed five per cent. commissions on
new business.
A bylaw was adopted defining
blanket insurance on contents
1t was decided that whenever build
ing shall remain vacant for a longer con-
tinuous period than sixty days. the IN
surance shall be void unless the assured
shall receive from the company special
vacancy permit This not to apply to
farm buildings which are not used for
human habitation.
The President. with the approval of the
Executive Committee, was authorized to
employ such agent or agents as he may
deem necessary to increase. facilitate ard
make more uniform the business of the
company. Such agent to have the powers
of a director after having given an ap-
proved bond in such form and penalty as
may be prescribed by the board of direc-
tors, who shall fix the rate of compensa-
ton to be allowed suctragent, and termi-
nate his agency at pleasure. With the
report of the committee, which is signed
by Noble L. Mitchell, lanes F. II. Cor
such, w. B. Harlan, is a letter from Mr..
Richard Dallam. president of the COM
pany. This letter gives valuable data
respecting the net income from the differ
ent characters of risks on buildings that
have been insured. President Dallam
also llled attention to the fact that four
nominations had been made for inspector,
all of which had been rejected.
On motion, Mr.. Richard Dallam was
unanimously reelected president.
The following directors were also
unanimously reelected: J. B. Hanway.
James w. Wilson, Luther S. Osborn, A.
p Silver, William Webster. ]. Lawrence
Mccormick, Thomas A. Nelson, George
A Cairnes, E. NJ. Allen, John w. Gal
breath, of Hartford county, and Thomas
Gorsuch of c., w. o. B. Wright, D. E.
Scott, Charles E. Weakley, Robert Caron,
James Kelley, w. Royston Matthews and
DR.. w. Willard Sterling. of Baltimore
county.
On motion, the chair appointed the fol
lowing committee to pass upon all direc-
tors bonds: John G. Rouse, w. Beatty
Harlan and John D. Worthington.
The newly elected board of directors re-
organized by electing George R. Cairnes
secretary and treasurer. The following
executive committee was chosen: ]. B.
Hanway, Thomas H. Nelson, E. M. Allen,
Thomas Gorsuch of c., and Charles E.
Weakley The finance committee selected
was Richard Dallam, ]. L. Mccormick,
E. E. Scott and George X. Cairnes.
William Webster was reappointed agent
for Hartford county and w. o. B. Wright
for Baltimore county.
The board adjourned to meet January
18th.