Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-01-12
state Self Insurance.

as basis for new and improved
| child welfare legislation.
state Self Insurance.
| The insurance committee Of ;ns
general board Of directors Of the
insane asylums and the state colony
for cpilcptics and the fccblcmindrd
recently adopted and forwarded to
mo the following resolution:
THAT Honorable wcstmorcland
Davis. Governor, request the Gen
erai Assembly at it's next session TO
appropriate an insurance fund to
take care OF any losses that should
be sustained by lire at the insane
hospitals and the colony for tho
| epilcpiics and fecbicmindcd: $780,
600, ls22-1"23; $4,000. l92a-l924"
These amounts to operate. and a
/ fund to pay possible losses in case
/ of fire during the period when the
General Assembly is not in session.
/ This general board because OF
/ small losses over long period OF
| years carried their own insurance
! upon institutional buildings. pool
/ ing as an insurance fund for their
! protection the premiums provided
! FOR insurance. This was done with
J my approval.
| My attention was called to tho in
! advisahility of this pooling of tho in
! various institutions involved by the
STATE auditing committee. who said:
| Insurance Discontinued.
II has come to our notice that the
larger part of the insurance carried
OH State hospitals has been discon-
I tinued and that other public institu-
tons in the State have had under
consideration the same course Of ac-
ton We call the attention OF the
| Governor to this and recommend that
tho normal amount OF insurance be
taken ont ana carried on all property
of State institutions until the Cen
cral Assembly shall make proper pro-
vision for carrying its own insurance:
and we call attention TO the fact that
the General Assembly has provided
sums for this specific purpose and
these appropriations should be so
ucd"
The recommendation OF tho State
auditing committee has been COM
piled with and the amounts contrib
utcd to the sclf-insuranCc pool have
been returned to the institutions and
insurance effected. There was a small
fire loss At the state Colony for l;p-
lcptics and tho Predetermined during
| tho period Of sclf-insurane". ", this
was far more than compensated FOR
iy the saving made by the other in
situations,
Tho suggestion of tho general
| board of directors is now presented
to the General Assembly in comrll-
aucc with the resolution that have
quoted above.
III" General Assembly should de-
t"rmino whether 1t will adopt a plan
Of sClf-insurancc or whether IL will
purchase insurance. in which latter
case ,hc amount of insurance carried
FhoI'G be largely increased. so as to
afford adequate protection to the
STATE in case of loss.
Virginia State, Municipal and County
bonds.
Virginia bonds and those of its mu-
! inequalities and counties are not now
legal Investments hv trustees. saw
ings banks an similar funds under
the laws OF the state Of New York.
because OF questions that arose in
connection with the settlement of the
Virginia debt. The exclusion OF
these Virginia securities from the
highest Investment class lessons their
| value.
Other States similarly situated are
asking that Virginia ioin in securing
the removal by New York OF this
disability. and am requesting tina,
the General Assembly take such ac-
/ and proper in the circumstances to
secure The desired rcsAlt.
state OTirc building.
~ the last session Of tho General
Assembly submitted a communist
. ton relative 10 the need for IA Stat.
1 oft!ce building At Richmond This
| communication. which contains care
fully prepared statistics. was printed
/ as senate document No. 10. to which
now refer. In 1t used the fol-
lowing language:
-, had been my desire ANA hope
to be able To include request for
Il suitable appropriation for State
Office building in the budget sub.
m!tted 10 your honorable body on
January -. 1920. hut found. in
view Of the high cost OF labor and
building materials. that the availabl.
revenues of the state. az reported tr
me at That time 10y. the Auditor Of
fuo!.c Accounts, would not justify
the Inclusion OF such an item In tn.
budget Tor the ensuing b!cuuium"
Many Of the state Offices arc
housed in different parts II the city
at great Inconvenience to the publ,
ana expense TO thu state. The leases
ihat w"rc made ~ M were had a,
reasonable rentals for the longes,
r period that they could he secured
. but they w!ll soon he expiring ana
r fear If they arc renewed muc!
! higher rentals will he demanded.
The price OF all materials ant
labor which has hitherto forbidden
consideration OF a building program
are now declining aud am %,
opinion that the ,imy has com,
. when serious cons,idcra. lon shout,
= be given hy the General .,sscmbl,
+ 10 tAe erection OF an onlce bgiiI!nr
Nirginin NntI"nn, Gunrd.
. The state oI Virginia has sine.
=. the aru!stice ana the return To c,yl.
. ian lie az III" army mobulzed i,
the wor'a var. mustered the virgini,
s REQUESTS
IT