The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-11-28
News of the Insurance World


tcenth amendment 10 the constitution
protects the right of those engaged in
purely private business TO fix the price
at which they sell their services or com
inoaities. Tie case involved the state
oecisior ~ or wide interest aud signili-
cameo because IL treats not only Tic i'm
mcdiate question ut Issue. but the right
of os tne state generally TO flx the price
Value bf Life.
A law of the state of Now York sxcs
tho value of the ufc OF workusmsn
Killed In course of his employment at
100 times his daily wage. Thus tho
family OF man earning $50 n day
ana 40 Killed could recover $4,000 This
Is held To bc n good life insurance mini
NUN, mum, Tor IL IL contendod that If a man
VIII not carry a sufficient amount ur
lnsuraitce to guarantee 20 his family n
continuance OF the income Inc provideu
1or them, he certainly should not ap-
praise INC value of hts life at less
iisure ti1an that fixed by Tho state
Assignment Was Valid.
Tho superior, court at Sap francisco
mas decided a case involving the snrn OF
siSso Oh life policy held by John A.
henson. deceased. Benson took out a
pohcy In 1924. and n short while before
iiis death had the company assign IT
MARY Benson. his first wife. Instituted
Troccediiiss to recover the money. claim
,!.s that Benson was never legally di-
rorced from her. TIC court, however
held that tho assignment OF ibe pof,cy
TO Tho second wife entitled her 10 the
money and it was so ordered.
Insurance Notes.
g. {. Haynes and Yolucy S Anderson
heve been appointed general agents for
Utah OF the Fidelity Deposit of Esltj
more, with headquarters in this civ.
6oth gentlemen were formerly connect Cd
with Windsor e. Co. Tho new firm will
write surety bonds. accident and health
| burglary, etc.
mont Legislature which provides; "All
| pohciea of accident ipsurancc issued or
denyered In this state by an insurance
company doing business herein shall bo
| incoptestable after the delivery thereof"
! Wesley IL. King local manager OF the
american Surety Company OF New York
has resigned 10 scopt n position with
The National Copper hank. where lie will
| nave charge OF the bonding and invest
nenis. His successor has not yet been
| named.
committee has bocn appointed in
California to draft an employers liability
J law TO be presented to tho next lcgis-
! laturc for enactment.
| 1t is said That in all probability n bill
for depository law will DC introduced
al the next session Of tho Utah lcgis-
lature. y similar bill introduced two
| years ago got lost in tho shuttle
| William E.gsrd. local superintendent nl
| agencies for the Philadelphia Life. Isl
back from il flying trip to San Francisco.
| Mr.. ESard announces that Ills company
expects To en'cr the states Of Idaho and
Montana ABOUT tho first of tho ycar. They
I VIII be under the jurisdiction OF tho
| Salt Lake city oif'cc.
| The Euuitsbc Life viii hold an agents
convention in San Francisco pecen,ber
| b-l5s and great preparations arc being
| made for the cYcut. Il. A. Richter. the
| companys representative in Salt Lake,
| Is among tho list OF Invited agents.
Tho Illinois supreme court i'm a caso
Involving the Commercial Life al Chit :
| cago, has ruled that stock options given
| TO applicants fer insurance arc in vio-
| laton of the anti-rcb8tc law.
| G. r. Taylor. manager of The Syndi
! cate Insurance. Agency OF Sail Lake City.
\ has sold tho controlling interest OF his
| business 10 N w Clayton The Clayton
| Investment company, successor to tho
old Brigham Young Trust company. will
assume the ownership Of tie agency.
! with y. w. Clayton. Jr.. in charge. The
| fire companies represented are the Con-
| nccticut, Niagara and Scottish Union.
| The next regular monthly meeting oi
| tho Utah Association OF Life Under
| cial club building on Saturday. Deccn-
| Der 3, at ! p IN. The business meet =
| ing win he proceeded by a dinner served
/ In the private banquet room Of the club S
new building. 10 which tho wives and
| ladies' OF tho members have been in
| vitcd. An interesting programme has
been prepared for tho occasion.