The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-01-26
MERCHANTS ON
INSURANCE AND
A COUNTY FAIR
Interesting Subjects Discussed by
Leading Honolulu Business Men
at Yesterdays Meeting.

The directors of the Merchants AS
ISOLATION held their regular meeting in
the Alexander Young building yester-
day afternoon with Chairman Geo. w.
Smith, W. T Lucas, E. H. Paris, G. J.
Waller, w. F. Dillingham;, w W. Har-
ris. E. McInerny and Robert Cation
present.
Before the meeting was called to
Standard Oil Co. objected to being OBJ
liged to store oil in the government
warehouse in Honolulu and he added
that no place in the world was this
-exacted. This company" said Mr..
Lucas. lis one of the most powerful
and influential in the world. 1t con-
trols the greatest fleets of steamers. as
We'll as great railroads. Inducements
have been offered to the people here
for the construction of a warehouse by
the standard people, provided they had
the privilege and in return for this
they would lend their influence toward
securing appropriations for harbors."
Incidentally the matter was mentioned
later in the afternoon and it was de-
cided to have it brought up before l..
meeting next Wednesday.
The minutes of the last meeting were
read and approved and then a commu-
H. ~
different fire insurance companies car
rying insurance here was introduced.
In connection with this the following
communication from Deputy Insurance
Commissioner Smithies was read:
Honolulu. Oahu, Jan. %, 1907.
Edward II. Paris, ESQ.,, Secretary, the
Merchants Association of Homo
lulu. Honolulu. T. II.
Dear Sir; 1 am directed by the Hon.
A ]. Campbell. the Insurance Com
missioner of this Territory, to ac-
knowledge the receipt of your COM
municstion of November Is. 1906. in re
fire insurance companies doing busi-
ness in this Territory. etc, and in reply
TO the same 1 submit You herewith the
following statements:
~ SLdlclHcuI aS OI OClODeT
1906, of the assets and liabilities of fire
and FIRE and marine insurance COM
panies OF the United States, transact
ing business in the Territory of Ha-
waii. and the losses incurred by them
in the San Francisco disaster of April
Is, 1906. with payments made thereon.
Compiled from the official reports of
the insurance commissioners of the
hnnlA az nj
2. A statement as of October 81,
1906. of the United States assets, liza
bilities and surplus to policyholders of
foreign fire and fire and marine in
surance companies, transacting bust,
ness in the Territory of Hawaii, and |
the losses incurred by them in the San
Francisco disaster of April Is. 1906. |
with payments made thereon. Com
piled from the official report of the /
insurance commissioner of the State of 1
New York.
3. A statement of the basis of set I,
Element made by the fire and fire and |
marine Insurance companies. transact
ing business in the Territory of Ha>
wall with pOlicyholders. who sustained |
losses in the san Francisco disaster of
April Is. 1906. Compiled from the re.
port of Professor Whitney, head of the
mathematical department of the Uni
versity of California, made for the
board OF trustees of the Chamber of
Commerce of San Francisco.
The reports from which the abovs
information was compiled were COM
piled by the insurance commissioners
of the home states of these companies,
from special reports made to such
commissioners as OF October 81. 1906.
in compliance with the resolution
adopted at the convention of insurance
commissioners held at Washington
early in October, 1906. They were re-
ceived in this office in the latter part
of December. 1906. and constitute the
only official reports received by this
office since my last to you of Septem-
Der l. 1906 nothing much further can
he expected until the annual state
ments OF the companies as Of Decem-
Der 81. 1906. are filed. which will be on
Or about April Is next.
You viii observe in the footnotes thS
remark no official report T. ceived as
yet" which explains itself When such
reports are received / will forward ]
you the desired information as early
as possible. {
IN reply to your inquiry as to ''the
relationship of the new Firemen's
Fund Insurance Company as connected
with the former company by that
name" 1 submit you herewith the fol, !
lowing information:
The Ffreman's Fund Insurance Com.