Insurance Opinion on Unearned Premiums and Reinsurance
The 1906 New York attorney general opinion states policyholders hold unearned premiums as a trust fund for protection, favoring them as preferred creditors in insolvency. It analyzes whether unearned premium funds may be used for reinsurance and underscores the fund’s protection for policyholders over other obligations.
Ruling on unearned premium as trust fund in receivership
The attorney general outlines that in an insolvent fire insurance company the unearned premium held by the receiver is a trust fund and must be used for reinsurance or returned to policyholders. Policyholders are preferred creditors for the unearned portion, and the receiver may reinsure with consent if assets permit, or cancel and issue certificates of indebtedness for the unearned time.
MENTIONED IN THIS ARTICLE
New York
Freeport
the Royal of Liverpool
Albany
Mayer
Kelsey
State OF New York
N. Y
le Roy
Globe Insurance Company
Edwards
City of
Security Life Insurance and Annuity Co
Karl
Ilinois
Insurance Department
State of
Illinois
Julius M. Mayer
The Right Name for a Fort Madison Doctor’s Pills
Mr August Sherpe, overseer of the poor at Fort Madison, touts Dr King’s New Life Pills as rightly named. The pills are said to act more agreeable and do more good than any laxative and are guaranteed to cure biliousness and constipation at 25 cents a box at Joseph Fm mert's drug store.
MENTIONED IN THIS ARTICLE
August Sherpe
Fort Madison
Dr. King
Joseph Fmmert
Farmer Foils Bunko Scheme In Freeport Saloon
A Warren youth warns a farmer about a surefire real estate scam offered by a stranger. The farmer and a younger acquaintance briefly discuss an option on property to profit by morning. After a mistaken claim that the youth had taken the money, officers intervene. $30 is returned and the plot dissolved. The incident ends with questions about the stranger’s motive and the youth’s interference.
MENTIONED IN THIS ARTICLE
Warrenite
Warren
Freeport
Birthday of James A. Tawney and early life
The article notes James A. Tawney of Minnesota, born January 3, 1855 in Adams County Pennsylvania. It traces his early life as a Punxsutawney blacksmith, move to Winona Minnesota, legal studies, admission to the bar in 1882, and rise to Congress. It mentions his 53rd Congress service and support from Thomas B. Reed guiding his early career.
MENTIONED IN THIS ARTICLE
James A. Tawney
Minnesota
Cannon
Adams County
Pennsylvania
Punxsutawney
Tawney
Winona
Minn
Mgr. Tawney
Thomas B. Reed
Mr. Tawney
House
Collector's Books Delayed By Late Rail Valuations
The collector's books will be from a week to ten days late this year due to railroad valuations arriving late from the state auditor. The note mentions Holligter's Rocky Mountain Tea as a family tonic priced at 386 cents and references a product line tea or tablets Jus Emmert.
MENTIONED IN THIS ARTICLE
Holligter
Death at Onawa Kingpin Oltrogge Dies in Geneva Jail
Fred Oltrogge, formerly living near Rock City, died in the county jail at Geneva Tl after a three day illness from pneumonia. He was arrested there years ago by Deputy Sheriff Robert Stewart for forgery. Relatives near Rock City have been advised but cannot arrange transport, so burial will take place in Geneva.
MENTIONED IN THIS ARTICLE
Milner
Fred Oltrogge
Geneva
Oltrogge
Rock City
Robert Stewart
Opposed to Church Union in Cumberland Presbyterian Suit
Jurisdictional injunction heard in Springfield to block merger of Cumberland and Presbyterian Churches United States. Cumberland minority warns $7,590,560 in church property may revert and challenges constitutional authority. Decatur, Illinois observer suggests nationwide impact as Decatur congregation seeks to halt union bid amid two churches' disputed future.
MENTIONED IN THIS ARTICLE
Presbyterian
Cumberland Presbyterian
Springfield
Cumberland Presbyterian Church of
United States
General Assembly of the
Cumberland Presbyterian Church
Nashville
Tenn
Presbyterian Church of the United States
Cumberland Church
Presbyterian Church
James Milliken University
Decatur
Mail Order House Fights Boycott Case in Sioux Falls
Montgomery Ward & Co. sues the South Dakota Retail Merchants and Hardware Dealers association in federal court over a boycott, a suit that could shape future clashes between catalogue houses and traditional retailers. The state association had previously voted to boycott catalogue houses and wholesalers selling to them.
MENTIONED IN THIS ARTICLE
Sioux Falls
S. D
Montgomery Ward & Co
Chicago
South Dakota
South Dakota Association of Retail Merchants
This Date in History Entries for 1708 1777 1803 1855 1865
This historical note lists events and births on various dates. Mantua ceded to Austria in 1708. In 1777 Americans defeated British at Princeton. 1803 Douglas Jerrold born. 1865 James A Tawney born. 1895 execution of Dreyfus public degradation. 1896 German emperor congratulated Kruger. 1901 Lord Roberts honored in London.
MENTIONED IN THIS ARTICLE
Mantua
Austria
Princeton
Douglas Jerrold
Dickens
James A. Tawney
Congress
Minnesota
Aranjuez
Primiss
J. O. Halliwell Phillips
Dreyfus
Paris
Kruger
Lord Roberts
London
Veronique the Flower Girl at Grand Opera House
The coming attraction Veronique the Flower Girl opens January 8 at the Grand opera house. Composer Andre Messager, noted French canv or, directs the English Grand Opera Season at Covent Garden. The score is praised for beauty and rich orchestration and exquisite music.
MENTIONED IN THIS ARTICLE
Veronique
Grand Opera
Andre Messager
Covent Garden
London
Electric Bitters Promised Cure for Back and Kidney Trouble
J. K. Blackenship of Beck Tenn asserts Electric Bitters cured his back and kidney distress after using several bottles. He endorses the remedy as a positive cure and recommends it, noting relief from the first treatment. Sold under guarantee at Joseph Emmert's drug store for 50c.
MENTIONED IN THIS ARTICLE
J. K. Blackenship
Beck
Tenn
Joseph Emmert
Daily Journal Delivery Ad
The Daily Journal announces citywide delivery available for 10 cents and a three week period.
Northwestern's Record Demonstrates Obedience to Signals
Northwestern railroad reports 1906 'surprise tests' on block signaling with 1 625 inspections and only 16 minor rule breaches. The program led to dismissal for disobedience and shows crews can be disciplined to prevent signal violations, achieving near 0 percent failure in major tests.
MENTIONED IN THIS ARTICLE
Northwestern Railroad
Northwestern
Ex-Slave James Brooks Dies in Jo Daviess County
James Brooks a former enslaved man and pioneer resident of Jo Daviess County died at the county farm after a long illness. He came to Illinois before the Civil War with owner White from Virginia. Brooks worked as a Mississippi River steamboat cook and was a longtime local musician who played for dances in Council Hill Scales Mound Apple River Fairplay Darlington Hazel Green and surrounding towns.
MENTIONED IN THIS ARTICLE
James Brooks
Galena
Jo Daviess County
Brooks
White
Virginia
Ilinois
Mississippi River
Council Hill
Scales Mound
Apple River
Fairplay
Darlington
Hazel Green
Editors Drop Time Tables In Central Illinois
Bloomington Illinois January 1. For the first time every newspaper in Central Illinois printed today without railroad time tables. Readers indicated no desire to pay for publication and the papers will refuse to run the tables to save space under the new rail road rate law.
MENTIONED IN THIS ARTICLE
Bloomington
Ill
Illinois
Suit Against M. W. A. Rockford Case Filed
The Modern Woodmen of America was named defendant in an assumpsit suit for 8000 dollars. R. K. Welch represents Edith and Pauline Pennington, children of the late Wm Pennington, who held a policy with the M. W. A. It is understood payment was refused because he was a drinking man. The suit centers on the policy and related claims.
MENTIONED IN THIS ARTICLE
M. W. A. Rockford
Woodmen of America
R. K. Welch
Edith
Pauline Pennington
Wm. Pennington
W. En
Bible Class Review Meeting at First Presbyterian Church
The review meeting of Mrs Brown's Bible class, postponed from last Sunday, will be held in the parlor at First Presbyterian Friday evening at 7:80. Dr Trickey will present Ancient and Modern Parishism followed by discussion. All interested people are welcome to attend.
Beloit College Seeks 150000 Endowment Boost
Beloit Wis Jan 2 Rev Edward D Eaton will assume the presidency of Beloit College if an additional endowment of 150000 is raised. It is understood Dr Faton will cooperate with trustees in the effort to secure the funds. The resignation from St Johnsbury Vermont takes effect April 30.
MENTIONED IN THIS ARTICLE
College
Beloit
Wis
Edward D. Eaton
Congregational Church
St. Johnsbury
Beloit College
Faton
Bucklen's Arnica Salve Advertised for Skin Ailments
A testimonial from John Kemp of East Otsheld Maine praising Bucklen's Arnica Salve for freedom from chilblains and salt rheum, claiming it cures fever sores ulcers piles burns wounds frost bites and skin diseases. Sold at Joseph Emmert's drug store.
MENTIONED IN THIS ARTICLE
John Kemp
East Otsheld
Bucklen
Joseph Emmert
Also Mentioned on This Page
Insurance Opinion
Freeport and Royal
Liverpool
Shields Farmer
Bunko Man
PORT
ON Tawa
Pheumonia
Flower Girl
Daily Journal
Ilinois Bar
Chicago Street
Harvey Reese & Co the
Three Planets
Jennie de Meese
Ed Logue
W. J. Mack
Commedian
New Motion Pictures Illustrated
Scorff
Scott
S Globe
Wernicke Flastic Cabiner
Globe Wernicke
Kuehner Bros
Robert Luecke
Opp
N. Y. House
Galena St
Freeport Gas Light and Coke Go