Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1920-01-30

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NY urge upon yoa 70 regard &c
s,suaoee de2axtmens Of yUsr state
ss besnx ready and willing II any
ara An times to render service. 70
listen TO s1gEessiccs. and u ne
Say advise ID relation % tie Pre-
seatstsoa 70 tie Legislature Of any
Changes shas might be propcsed Tor
tie nesse-meot Il the cause II u my
exoerserce that tie Legislature ~ .
whole - . very safe and aiSsx1c-
tory institution to approach Win
measures Of any kind containing mer-
i. AID eounG logical suggestions for
enactment
During ny many visits TO the va
riocs companies during the pAE
rear / have strongly urged the pay
men. Of Al; Indebtedness as speedily
Is possible. especially does this oo-
tain 10 the item Of borrowed E.o1-
~, one cs the comEooes. practices
II ali companies ard NY recum-
aec6atsoa has been. that cCcs
-caEgh. ~ there VIII BE- NO neces-
s.ty for repetition Of borrowing Don-
ey 70 ray csaiE.x- This can be done
~ IevyInS one or two additional A.
Sesszoea.s and from TIE expeEseccs
derived sArc1gh this departments
activities am satisfied that policy
holders generally viii not demur. be-
ing assured that il IS tor tie purpose
Of Placing their company On 9
so1n6sr and more fortifyiaS basis
May I earnestly urge you IN the
cc.ceEp.z,ion ot this especial and
most important pArS Of your admin
isrrative work at an early day 20 BE-
gin sn establishment OF 2 reserve Or
surplus fund ! want 70 assure yo-
tia, it Is the heal,hiess and moss
satisfying sorr & thing that can ex-
s, with any company
TIE p-onp. Payment Of Gains Is
one Of the -a-dtcz, virtues Of . Eos-
successful FIRE insurance company.
mutual o. stock and the additional
lU.rs accompanies this mast lau6i-
be work IN tie absence q resisted
O. delayed Claims for which there l.
obSo,ucelY co excuse and which shat
.s-s pubic confidence n the p-obssy
and so.r5ness O. fire insurance II
manner thac II = Gimcult TO count
e.ac,- II yo1 have any doubt as TO the
fvs.sce o. = claim il its origin = q
4 SUSPICIOUS o. even incendiz-y ma
,ure AID after you have carefully
caused 20 be Investigated either
through the municipal authorities
wherever re loss may occvr o. By
vog- oxr work L evidence il te-c1
e such conditions ratl@r than delay
tie settlement. II case the loss be =
perfectly fair one IL the same u re-
ported 70 the insurance cepAEtraen,
it viii promptly &c further investi-
cations .hs. 20 unnecessary celAy
may arise Il the payment q the
claim should it &c found clear Of any
ENHANCEMENT
These are some Of the more i'm
portan- things that urge you 20 con-
s.ss- a-i 70 practice 70 aid this de-
partner. in p-omuigatiag and saw
ing Of the great waste that a. . IA
..oa We are being subjected 20
Reliable reports throughout the co1E-
Try p.aca the fire waste fo- 1915 q.
desc - stss 80 tf.i AUca Of this ex-
Psr-S c,a:n - per cent could have
teen prevented and I submit 10 yoG
,he though, THAI Ere Sghuns : .c-
caly : high science fo- the economic
and alys+ca, safety OF our cculuIi-
tics ~. Ere prevention should Be
PLACID high in The rank Of things 10
be considered II connection with fire
insurance men"