Insurance rates cut by La Grosse Board
Underwriters reduced dwelling house exposure rates by fifty percent as reported by La Grosse Board, signaling a major adjustment in fire and property insurance costs for homeowners.
31 Dec 1912
Page 1
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Newspaper
La Crosse Tribune
Location
La Crosse, Wisconsin, United States of America
Date
Dec 31, 1912
Page
1
Underwriters reduced dwelling house exposure rates by fifty percent as reported by La Grosse Board, signaling a major adjustment in fire and property insurance costs for homeowners.
Insurance agents with Crosse plan reductions following a convention in Chicago. The event gathers industry figures to discuss governance and policy adjustments affecting agency operations and commissions.
A La Crosse legislative inquiry spurred plans to cut dwelling exposure rates. A local board of underwriters urged reductions after a convention of inspection managers, with Milwaukee and Wisconsin bureau leaders backing a state rate drop. If the Chicago bureau endorses it, La Crosse rates may fall soon.
In Minneapolis on December 31 during the fifth round of a clandestine prize fight at the east side Eagles club, a main arc light failed leaving 2,000 fans in darkness. When lights returned, three policemen appeared instead of the two fighters, ending the illegal bout as patrons rushed for exits.
A large La Crosse county court crowd attended the preliminary hearing of state vs E D Lampman and Fritz Wittenberg for alleged assault after a night of roadhouse visits on French Island. Defense attorney Wolfe cross examined Mary Maissi as the trial opened.
Professor J P Benezet superintendent of schools announces closure of all city schools next Monday per health department order to give children a chance to complete the semester early and curb the spread of the illness. All schools including high school normal parish business colleges and trade schools are affected.
President elect Wilson spends the afternoon considering state affairs and preparing for a conference with Representative Underwood of Alabama to set the date for Congress session and outline topics to be discussed.
In Minneapolis the senator spoke for two hours and used 90 minutes on a Hamlet lecture for Minnesota supporters. The final portion outlined why he would not back any of the three presidential contenders this fall, explaining his stance on democracy.
After a two hour wrangle over a $50 man-hole the city council sent the feud between the board of public works and aldermen back to the special street improvement committee. James Day and City Engineer George Bradish clashed with Fred Schnell and George Falk as calls to order estimates and adherence to specifications heated up the chamber. The board faced sharp criticism for its internal feud, with aldermen warning that pending matters cannot be safely entrusted to their discretion.
Indianapolis December 31 grand jury returned murder indictments against Dr W B Craig veterinarian and A M Ragsdale undertaker over the death of Dr Helen Knabe state bacteriologist found nude with throat cut in her apartment October 23 1911. Craig named principal and Ragsdale accessory after the fact.
New York on December 31 plans a safe and sane New Year celebration with James Riis piping in the year and bands in Herald Square City Hall Union Square and Madison Square parks. Hotels and restaurants sell out tables with average prices around eight dollars and expect loud festivities across the city.
Miss E W Stead, daughter of the Titanic victim William T Stead, reports receiving spirit messages in recent weeks. She says her father is working for world peace from the afterlife, free to travel, and influencing events by impression. His latest message warns of heavy work ahead and cautions that the Turk has not left Europe yet.
Kansas City commissioners in Kansas adopt resolutions demanding the impeachment of Federal Judge John C. Pollock after his Kansas City decision allowing Kansas Natural Gas to raise prices from 14 to 31 cents per thousand cubic feet. The ruling pushed the Kansas City Gas company into receivership.
In Chicago on December 31 the hearing to annul the 1901 divorce decree of Mrs Grace Brown Herbert Guggenheim Wahl from William Guggenheim closed shortly before noon. Circuit Judge Heard said a decision would come a week from Saturday after Samuel Untermyer concluded his testimony from the money trust inquiry in the Senate.
Nellie H. Chase is granted an interlocutory divorce from Harold Hal Chase, famed first baseman, by Supreme Court Justice Bijur in New York on December 31.
At the National Association of Traveling Men convention in Chicago, J N Hobbs of Mitineague Massachusetts declared traveling salesmen are "big boobs" and easily robbed by hotels railroads and transfer companies insisting they cannot manage their own money and are prone to tipping.
The final payment of 565000 completes the option on La Crosse Gas and Electric, transferring control to American Public Utilities, a holding firm of Kelsey-Brewer. No immediate management change is planned, per D G McMillan. The new American Public Utilities stock oversubscribed.
The state industrial commission will hold a hearing at Madison at 10:30 Tuesday January 7. Stakeholders may submit information and criticisms to aid the commission as it drafts orders regulating sanitation in factories and laundries, including exhaust systems lighting ventilation and elevator and machine safety devices.
Chicago bond holders are summoned by the Chicago Bond House to discuss a new organization plan amid a crisis in affairs of combined utilities companies. A committee plan is deemed unsatisfactory and further action is expected soon.
Chicago bond house Corkill & Co calls a January 4, 1913 meeting of La Crosse Water Power bondholders. Dissatisfaction with the protective committee plan prompts a possible cash purchase offer and a push for a clear course before January 15 options deadline. Half of the bond issue is held by Corkill clients.
Fair tonight and Wednesday with little temperature change for La Crosse and vicinity. Wisconsin sees fair skies and cooler air in the east portion tonight. Minnesota also reports fair conditions with moderate temperatures tonight and Wednesday. Across other regions, rain has been general in the Atlantic states while the northern and western areas stay fair and cooler with varying temperatures.
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