The San Francisco call., 1906-06-22

Theme, coast mana gers. "and we are
getting together a list of our policies
TO send in to Commissioner Wolf We
could not get this list sooner and l
hope that 1t will be accepted now. Go
or stay. we viii pay every cent of our
liabilities"
The Delaware has already withdrawn
from California. I'VE are not writing
any more insurance in California" said
Edward Brown, coast agent, yesterday,
but we will pay up all OF our losses
dollar for dollar"
The Girard viii fight for It's rights
1t is up TO Commissioner Wolf to
move, says A H. Harris, who is here
from Philadelphia TO take charge of the
affairs of this company. He has asked
the impossible of US and we have re-
fused to comply. We will settle our
claims better than many of the So
called dollar for dollar companies
The Girard is perfectly sound"
NEW YORK TO QUIT.
1t is probable that the New York
will close its business. This is The be-
senting Special Agent George Branson
while the latter is at the home office
comforting with the directors OF the
company. The New York is In bad
shape" said Cote. "It has reinsured its
losses. and while cannot speak as an
agent for the company, believe that 1t
will retire from business. We DO not
know on what basis we will be able to
settle"
The Spring Garden is also anxious to
stay in California and do business. "It
is up to Wolf" said Special Representa-
tive Waite Bliven yesterday. We will
stay here and settle our losses until he
H.
under the law to make US skip for home
and if he says the word we will leave
the State
The Westchester will pay dollar for
dollar on all of it's losses, according 10
Secretary NJ. Q. Brown. I'VE Were will
ing to turn IN a list Of our policies to
Commissioners Wolf" he said yesterday.
but the fire destroyed our records and
we could not comply. We were not
willing to risk losing the reinsurance
by signing the time extension stipula-
tion. The law does not say we must do
this, and in my opinion 1T will not pun
ish US for not turning in our lists when
1T was impossible for us to do so. We
want to stay here and do business in
California. Whether we do or not, we
are now paying our losses dollar for
dollar"
The Germania, while IT has announcer
its intention of withdrawal from Cali
fornia, is paying it's losses. I'VE will
settle our business until Wolf drives us
out" said L. Pfngstas, special repre-
sentative, yesterday. We have closed
our offices and are not writing any new
insurance. We are paying dollar for
dollar, and in sixty days will have set
tied every one of our losses"
The Dutchess is offering from 90 to
40 per cent cash settlement
The Globe and Rutgers is paying
a. T&
adJuster to the East for a. conference
on conditions here.
CAN BE sUmsIoNED.
Several insurance companies that are
on the list of those defying the Califor-
MIA law providing for filing a list of
their policies with the Insurance Com
missioner OF California have prepared
TO cease business in this State. Let
ters have passed between the home Of
fees In the East and the offices of the
companies maintained in California,
ard representatives have been sent TO
this State charged with the special duty
of winding up affairs as soon as possi-
BILE.
The losses for which such companies
are liable TO persons in San Francisco
amount to millions of dollars. Lawyers
say that there is no way that they can
avoid summons, even IL they withdraw
They are liable to be called here at any
time and in any case. because provision
for summons is included in the stipula-
ton that every insurance company
signs when IL applies for permission to
Go business in California
II this view is correct 1t would seem
probable that no precipitate departure
should be expected. II would be easier,
so attorneys say, to settle up here at
this time than to journey hence to
meet liabilities later. Whether this
view is correct or not, the failure of
the companies to comply with the law
is probably Connected with intentions
to depart from California.
The stipulation referred to as a pro-
vision TO prevent any insurance COM
pany from lodging its policy holders
In California is as follows:
The (name Of the company does
hereby stipulate and agree that, in con-
oef0 by the State II of Of GaiforniS to Il to
transact business in this State, that If,
at any time said corporation or COM
pany shall be without an agent In said
service may be served, service of such
summons or other legal process may
be made upon the Inguranee Commits
sioner, such service upon the Commits
sioner TO have the same force and ef-
rect as II made upon the corporation
or company. Whenever such summons
or other legal process shall be made
upon the Insurance Commissioner, he
must, within ten days thereafter, trans
init by mail, postage paid copy of
such summons or other legal process
to the company corporation, -ad-
dressed to the president or secretary
thereof at It's home or principal office.
Such copy must be certified py the
Commissioner under his hand and off.