The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-08

pe judged al1ke, as they nave been III
the past. Each man, according TO his
method Of livelihood, OF the pecullarities
of his family history, will bo classified In
a Special" way. His calling and an
of about 145 special" classes. For each
of these there VIII be n different pre-
MUM. The healthy paval officer, for
example. will pay a different premium
| from the healthy saloon Keeper of the
same age. The policy seeker who has had
| two deaths among his near ancestors
| from tuberculosis will have TO pay diff
| ferent premium from the policy seeker
| whose family shows a similar record with
| regard TO cancer epilepsy,
Statistics from these 146 Special risks
have been prepared during the last year
by a committee Of the chief actuaries Of
all the leading life insurance companies
using reports on 5000. 900 cases as a
basis for the Investigations
Talk of RetTenchment.
Fire insurance company officers and
managers, numbering seventy five in all,
met in Chicago TO consider the pro-
posed reduction Of expenses in
the western Office. The matter was
referred to a committee which in turn
Is to confer with like committees from
other eastern cities.
The Keynote OF the meeting was that If
! the insurance interests would not clean
| house for themselves the insurance de-
partnents and legislatures would do 1t
| for them
On the other hand. 1t is reported that
local agents everywhere Gare preparing TO
oner organized opposition to any reduc-
ton IN their compensation,
Life Insurance Opinion.
The gift OF life policy between liv-
ing persons as against rights OF credi-
tors has been upheld by the supreme
court OF Erie county, New York. The in
sured. Frederick NJ Sheldon. took out a
Conn. in July, 1866, payabic TO his wife
should he die within forty years. and II
he survived that period the policy was
payable 10 him in July, 1906. In 1872
dividends to meet the senerai premiums,
when Sheldon made a present of the
policy to his wife.
In 1898 Sheldon made an assignment for
the benefit OF his creditors, who ques-
toned the validity Of the gtrt of 1872
and claimed the insurance money due
in April. 1906. by virtue of the assign
ment made in 1898. The wife claimed the
property as her money and the Aetna
paid the amount into court. The su-
preme court decided the issue In favor OF
Mrs. Sheldon and awarded her the money.
Changes in Continental,
The Continental Life announces the fol-
lowing changes in its field force: G, T..
Snyder, for some time past the general
agent for tho Continental in Arizona,
has been transferred to the state OF
Kansas. and will enter upon his duties
In that state at once.
II. r. Fenstamaker. former agent Of
the Western Union Life at Spokane and
w. r. Penwill, former superintendent OF
the Metropolitan Life. at Spokane, have
accepted the general agency OF the Con-
tinental for Montana, with headquarters
In Helena
Talk of a Compromise.
As previously reported, the jury in the
case OF Ira G. Rawn, the prominent Chi
cago railroad man. found that deceased
met his death at his own hand. though
whether the shooting of himself was in
tentional or accidental IL was unable TO
decide. The family still cling 10 the mur-
reward Of $4,000 for the apprehension of
the guilty ones Regarding the heavy
accident insurance carried by Mr. Rawn
and which the accident companies re-
fused TO pay unless the family could
prove that the deceased did not take his
own life, the latest word is that COM
promise may be made.
An Interesting Work.
4 publication that will undoubtedly be
of great interest to those who own and
operate elevators is one issued by the
accident and liability department Of the
Aetna Life of Hartford. Conn. 1t is a
very comprehensive treatise on elevators
and their care and operation, IT con-
tains fifty pages and is profusely Illus
tratcd in half-tones. showing a variety
OF elevator machinery, covering: lnspec
The Operator, The Passenger. Safety of
Equipment, Careful Operation. Useful In |
formation and Elevator Warning Signs. |
The book is distributed free of charge.
Using Travellers Name
The Travellers Insurance company of
Hartford. Conn. has filed suit against |
the Travellers Insurance Machine com
pany and the Daily Accident Insurance
both of Louisville. Ky. ask
ing that the defendants be restrained and
elers." and also asking the court 10 as
scss damages already incurred by The
use of this name. The Travellers Insur
ance Machine company is the owner OF
the slot insurance machine and tho other
was organized for The purpose of placing
the machines on the market They deny
any intention TO treSpaSS on the rights
OF the other company,
Insurance Notes.
Germany has n compulsory insurance
law which is said TO be working a bur
den upon the workingmen OF that coun
try at present. due 10 the Increased cost
OF living. Tho total number of persons
insured as lahorcrs and In the trades
is over 100000, The premium is de-
duCicd from their wages by The employ
crs and by them paid TO the government
officials
Tho Modern Woodmen Of America have
contributed SlS0,.oS TO their tuberculosis
ssnitarlum N Colorado Springs The
board OF directors contributed $50. .0oO for
extensions at It's iast meeting. and Il
large number of tent cottages have been
camps at cost Of $3.50 each;
Commissioner IlariIEan OF Minnesota
~ out with statement TO the effect that
there is great deal Of over-nsurance
on property throughout the state. He
that In every case coming 10
his notice he will revoke tho license of
The company aud the agent involved.
The convention Of agents OF the Conll-
mental Life held In Salt Lake City the
ilsi three days of last week proved n
highly successful affair, which must have
boen very gratifying 10 tho company off
ciaIs. General and special agents were
IN Attendance from Montana, Idaho
Utah. Washington. Arizona, Wyoming
and Colorado and the greatest enthusiasm
marked the meetings
frame hotel in Enid. Okla. was re-
emily destroyed by fire: no insurance.
The owner said he never carried insur- I
incc. and u he had he would haVa paid
nc companies 5000 III premiums during
he fire only burned up about $1,000. he