Insurance Tax Ruling Upholds Non Taxation of Securities
Judge A C Thompson of the United States Court for the Southern District of Ohio rules Western Assurance Company bonds deposited with the State Treasurer cannot be taxed under general provisions. The decision supports that securities are non taxable and cites specially provided taxation for foreign insurers. County officers plan to appeal to the U S Supreme Court.
MENTIONED IN THIS ARTICLE
A. C. Thompson
Uhitedtes Court
Holliday
Sims
Common Pleas Court
Franklin County
Oko
Thompson
Supreme Court of the United States
Reinsurance Clause Reversal in Fire Loss Case
The Appellate Division reverses a referee decision in a dispute between Home Insurance Company of New York Phoenix Insurance Company of Hartford and Continental Insurance Company over a fire loss of 3014.10 after a policy reduction to 2000 before loss. Continental contends loss payable pro rata with its policy while plaintiffs seeks full loss under their policy. The case concerns a $2000 note and expenses paid to Heilner and a subsequent offer of 1007.05 plus costs.
MENTIONED IN THIS ARTICLE
Supreme Court of New York
Continental Insurance Company
Home Insurance Company of New York
Phoenix Insurance Company of
Hartford
Continental
Hamilton Odell
Home
Phoenix
San Francisco
Cal
A. Hellner
Hellner
Appellate Court Upholds Vice Counsellor Contracts in Miller Case
The Indiana Appellate Court upholds special Vice Counsellor contracts issued by the State Life Insurance Company against Auditor Hart. The ruling says the contracts are not insurance and hinge on the policy as issued. Judge Robinson notes the agreements target favorable influence and renewal dividends, not private gain.
MENTIONED IN THIS ARTICLE
State Life Insurance Company
Hart
Indiana
Taylor
Miller
State Life
Special Renewal Commission
Robinson
Georgia challenges deposit law on constitutional grounds
A Georgia challenge argues the $10,000 deposit for foreign fire insurers is unconstitutional class legislation for excluding Georgia companies. Receiver Otto Kelsey sues to gain control of the deposit held by the State Treasurer, who will surrender it only under proper tribunal. This marks the first suit over a Georgia fire insurance company deposit.
MENTIONED IN THIS ARTICLE
Georgia
Atlanta
Otto Kelsey
Manhattan Insurance Company
New York
Court verdict presses remaining notes in insurance case
N Hubbard Jr faced a $240 assessment on a $400 note after Equitable Mutual Fire Insurance failed. About one hundred note givers awaited the outcome. Court of Appeals of New York ruled in favor of the receiver for $240 and costs, enabling further collection on other notes.
MENTIONED IN THIS ARTICLE
Equitable Mutual Fire Insurance Corporation of
New York
N. Hubbard, Jr
Insurance crackdown targets unlicensed agents in North Carolina
Insurance Commissioner John R R Young launches a statewide crackdown on unlicensed insurers and agents in North Carolina. He cites new law provisions requiring stricter registration and penalties, signaling a bold move to curb illegal practice and protect consumers.
MENTIONED IN THIS ARTICLE
John R.R. Young
North Carolina
Agents and thieves harvest premiums in rural districts
The article notes agents collecting premiums across eastern rural areas for unauthorized concerns. They paid no taxes and filed no returns of premiums collected, signaling widespread improper activity by several agents operating large territories.
Connecticut Fire Marshal Bill Moves Toward Passage
The Connecticut Legislature considers a bill to establish a State Fire Marshal and Deputy Marshal. An amendment would require fire insurance companies to cover office expenses including salaries. Another change lets the first Fire Marshal be appointed for four years by the Governor without Senate confirmation. The measure faces some opposition but is likely to pass.
MENTIONED IN THIS ARTICLE
Connecticut
Senate
Mutual Reserve Fund Life Licenses Under Scrutiny
Interest grows in Iowa after Wisconsin and Minnesota revoke life insurance licenses. The Iowa license was cancelled last fall for refusing an examination. Auditor Merriam sues for exam costs. the association has not applied for readmission though lawyers seek to settle differences.
MENTIONED IN THIS ARTICLE
Mutual Reserve Fund Life
Wisconsin
Minnesota
Iowa
Merriam
Tihels
Woodmen Convention to Consider Insurance Rate Rise
ST. PAUL June 9 The Modern Woodmen of the World biennial convention meets here Tuesday with the key issue a proposal to raise insurance rates. It is understood many delegates favor the increase.
MENTIONED IN THIS ARTICLE
ST. Paul
Woodmen of the World
Insurance Agents Named Across Several States
J B Campbell of Niles Ohio is named special agent for German of Indiana. Imperial assigns J W Lee Co and James Parsons Co as sole Cleveland agents. A A Hobbs of Centralia Indiana named Cook County special agent for German-American and German Alliance in Chicago. L Butts reinstated to Cleveland Fire Insurance Exchange after prior expulsion. A G Dent foreign superintendent of Sun Insurance London named joint assistant secretary at Liverpool and London and Globe. J C Dixon of Munnele Indiana named State agent of Standard Accident for Indiana. Chicago Underwriters' Association raises rates on broom insurance due to heavy losses. American Car and Foundry line worth 10 million may shift to stock companies via F D Hirschberg. Hugh Dougherty elected president of Union Surety Co of Indianapolis. officers named. Indiana Surety Co being organized with 250000 capital. Federal Surety Company interests cited for alliance. Chubb & Son resign General Accident Perth agency. Sidney Chubb moves to Jersey City to manage Federal new company.
MENTIONED IN THIS ARTICLE
American Car and Foundry Company
New England Mutuals
F. D. Hirschberg
St. Louis
Indiana Surety Company
Federal Surety Company of
Chicago
Indiana
Ilinois
Chubb & Son
General Accident of
Perth
Sidney Chubb
Jersey City
the Federal
Our Trade with Italy in the June Trade Book
The forthcoming volume on Commercial Relations with Foreign Countries will include consular views on growing demand for American goods in Italy. Extracts note Italy's manufacturing growth, demand for machinery, revolvers, sewing machines, lard, oils, and printing presses.
MENTIONED IN THIS ARTICLE
Washington
Italy
Smith
Leghorn
Helngartner
Catania
Sicily
Consul Johnson
Venice
Jarvis
Milan
Simplion
American Saiab
New Camden Charters Include Brick and Electric Firms
Two new companies chartered in Camden with capital stock details. The Ornaments Brick and Terra Cotta Company lists 2000000? Wait. Incorporators are Henry J. Budd Sr and Jr and Constant Le Dut of South Park NJ. The Tuckerton Electric Company declares 10000 capital with 3000 paid in. Incorporators include Ezre A Beil John H Beil and Edwin Pharo of Haddonfield NJ.
MENTIONED IN THIS ARTICLE
Ornements
Capital Stock
Henry J. Budd
Henry J. Budd, Jr
Constant le Dut
South Park
N.J
Tuckerton Electric Company
Ezre A
John H. Beil
Edwin Pharo
Haddonfield
N. J
Reception for President Plumb at Manufacturers' Club
Directors of the Manufacturers' Club tender a reception for newly elected president Feyette R. Plumb on Wednesday evening June 12 at the club house Walnut above Broads. Guest committee led by J Birkenbine includes Frank Leake G Martin Brill A J Caven and A J Eanis.
MENTIONED IN THIS ARTICLE
Plumb
Manufacturers’ Club
Feyette R. Plumb
Walnut
Broads
J Birkenbine
Frank Leake
G. Martin Brill
A. J. Caven
A. J. Eanis
Removal of Receiver Refused in Kansas City Case
Millionaire Frank Rockefeller’s bid to remove the receiver of the Siegel Sanders Live Stock and Commission Company was denied by Judge Gibson in Kansas City. The ruling leaves the current receiver in place as of June 9, with the case continuing.
MENTIONED IN THIS ARTICLE
Kansas City
Frank Rockefeller
Siegel-Sanders Live Stock and Commission Company
Gibson
Nature’s power outweighs man made weather defense
Washington reports Weather Bureau chief Professor Willis L. Moore rejects cannon hail protection as a popular delusion. He notes atmospheric processes are too vast for human control and warns against adopting hail bombardment or similar schemes, urging insurance instead and opposing Covert’s Italian-influenced ideas.
MENTIONED IN THIS ARTICLE
Washington
United States
Lyons
France
Willis L. Moore
Weather Bureau
Wilson
Europe
Consul Covert
Baltimore Stock Exchange Tax Standoff Clarified
Authorities challenge taxing memberships in the New York Exchange as impossible to assess. The Baltimore Stock Exchange is a club not incorporated, while the Stock Exchange Building is held by an incorporated company with most stock retired. Taxing memberships would amount to double taxation on the same property.
MENTIONED IN THIS ARTICLE
New York Exchange
Baltimore Stock Exchange
Stock Exchange
Market Receipts for the Week Ending June 8 in Philadelphia
Receipts from June 2 to June 8 show beef and sheep markets in Philadelphia with total cattle volume including West Philadelphia yards and North Penn yards. Beef values held firm with some sales above schedule. sheep and lambs were dull with declines on desirable stock, while calves and cows showed varying demand in an active market with limited trading.
MENTIONED IN THIS ARTICLE
Beeves
West Philada
North Penn
London
Blnamenden
West Point
Glas. ES
Siberian
Iledalphin Rams
Easter County
Finoss
Sadie
Rynsie
Ian
Gaggc
East Buffalo Market Receipts and Shipments Report
East Buffalo market report shows receipts for cattle 130 cars and sheep and lambs 6 cars with hogs 18 cars. Shipments include cattle 121 cars and hogs 10 cars. calves steady at 5.50 to 6.50. lambs and sheep fetch 4.04 to 5.45 for choice to extra. hogs posted at 6.10 for heavy and 6 for pigs.
MENTIONED IN THIS ARTICLE
East Buffalo
D. Trainer Mills Report Wages Unpaid. Creditors Meet Planned
Chester June 9 Special to The Philadelphia Times says D. Traimer and Sons Manufacturing Company posted a notice that they cannot meet wage obligations. No formal assignment yet but creditors will hold a meeting to canvass the situation. Three mills involved employing about 500 workers. two at Trainer near Chester and one in south Chester. The mills date back to half a century ago with an estimated capital of $600,000.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Chester
D. Traimer & Sons Manufacturing Company
Trainer
D. Trainer & Songs Manufacturing Company
W. E. Trainer
D. I. Trainer
Trainer Mills
David Trainer
Market Hesitation Over Cotton Advance in Manchester
In Manchester on June 9 buyers hesitate as the cotton price rise tests Eastern market responses. Opinions split on the advance seen as speculative to squeeze bears, likely short lived. Orders from India and China mixed with South American inquiries, while yarn demand stalls and last week’s turnover was small.
MENTIONED IN THIS ARTICLE
Manchester
India
China
Insurance fraud alleged in Berks County arson case
The Berks county Criminal Court will indict Leon Wertheimer Sylvan Friedlander Carrie Friedlander and Daniel H Bogert for conspiracy to commit arson and defraud insurers of 63000. Wertheimer jailed. the Friedlanders and Bogert posted 3000 bail each in Newark before requisitions. The Wertheimer factory fire caused 53000 stock loss and 17000 machinery loss.
MENTIONED IN THIS ARTICLE
Philadelphia Times
Reading
Berks County Criminal Court
Leon Wertheimer
Sylvan Friedlander
Carrie Friedlander
Daniel H. Bogert
Wertheimer
Friedlanders
Bogert
Newark
N. J
Wertheimer & Co
German Immigrant Prospects Deteriorate in U S Says Consul
Berlin June 9 reports on German consuls in American cities include Cincinnati’s note that the era of immigrants achieving riches in the United States is over due to population density and overcrowded trades and occupations.
MENTIONED IN THIS ARTICLE
Berlin
Cincinnati
United States
University Entrance Examinations Scheduled June 13 and 14
Special notices announce examinations will be held June 13 and 14 at Association Hall located at 25th and Chestnut Streets. For further particulars contact H. N. Van Dyke in Princeton, New Jersey.
MENTIONED IN THIS ARTICLE
University
Association Hall
Chestnut Sts
H. N. van Dyke
Princeton, N. J
Financial Fidelity Insurance Trust and Safe Deposit Co ledger
The Fidelity Insurance Trust and Safe Deposit Co operates at Chestnut and South Fourth Streets with capital of 000,000 and surplus 3,000,000. It administers estates and trusts, acts as transfer agent and bondist, collects interest, keeps wills securely, and rents safe deposit rooms with large emphasis on safekeeping and interest income. Officers include ORDON BiecOUCH, CHARLES BR, J. BANNARD, Edward W. Clark, William H. …, Clement A. Griscom, John Bullitt, Henry W. Poindexter, and others.
MENTIONED IN THIS ARTICLE
Insurance, Trust and Safe Deposit Company
Chestnut Street
South Pourth Street
Roemt
Charles BR. J. Bannard
Edward W. Clark
William H. Ae Oegers
John B. Gest
Clement A. Griscom
Peewee Joba
Bullitt
Henry W. Poiaale
William P. Gest
J. Livin Mn Erringer
Lincoln Godfrey
James M. Aertsen
John H. Converse
William 8. Grant
Samuel ¥. Heebner
William Weightman
William H. Lambert
William L. DuBois
N. Parker Shortridge
John Story Jenks
William W. Frazier
J. Livingston Erringer
Edmund D. Scholey
In Railroading Only Yankees Can Do The Work
London dispatch notes Midland Railway officials dispute a prior report on coal burning lubrication and repair costs for American locomotives. It states British engineers and firemen oppose transatlantic engines and will resist their full efficiency until handled by American crews.
MENTIONED IN THIS ARTICLE
Philadelphia Times
London
Midland Railway
England
Traction clash may yield strengthened Union monopoly in city
Review of local traction tensions argues the outcome will favor the Union Traction Company as city transit interests tilt toward consolidation. In three years traffic growth could offset losses from proposed elevated or underground lines.
MENTIONED IN THIS ARTICLE
Chandler Bros. & Co
Philadelphia
Traction Company
Union Traction Company
Hambleton & Co
Baltimore
New York
Henry Clews
Jeading
Reading's New Pay Scheme Signals Payroll Shakeup
Reading readers report a shift in payrolls with the Philadelphia and Reading Railroad dispensing with a general paymaster. Pay rolls will be sent to division superintendents for distribution by designated personnel. A second item notes Sam Hill's Iberia trip and a possible global rail and steamship partnership.
MENTIONED IN THIS ARTICLE
Reading
Philadelphia and Reading
Belmar Hotel advertises furnished rooms for lodging
A Belmar notice lists furnished rooms for lodging at the Hotel Bornot on Tenth Street below Chestnut with rates for business luncheon settings and music in the mainlining room.
MENTIONED IN THIS ARTICLE
Bornot
Bornot Tenth Street
Chestnut
Baltimore Stock Exchange Seats Tax Assessment
The Baltimore Stock Exchange president received a city notice last week stating seats held by members would be assessed and taxed. Bankers Hambleton & Co. comment that the move aims to broaden the city's tax base, with unclear impact on revenue and pending details.
MENTIONED IN THIS ARTICLE
Baltimore Stock Exchange
Hambleton & Co
Dactaone
Vanderbilts Reported To Acquire Clover Leaf Railway
Reports from New York on June 9 claim the Vanderbilt family has bought Clover Leaf, despite previous denials and conflicting rumors of a sale. Special dispatches from Philadelphia and Chicago note D H Louderback returning from London and discuss Charles T Yerkes gaining control of the Metropolitan District Railroad Company and the resulting power shift in Beatings capital.
MENTIONED IN THIS ARTICLE
New York
Vanderbilts
Philadelphia Timms
Chicago
D. H. Louderback
London
Charles T. Yerkes
Theropolitan District
Rallway Company
Aeagues
Wey
Beetins
Plague Quarantine to Be Raised in Texas
Special to Tue PoI LA DeL Pain Times reports in Austin Texas on June 9 that the quarantine against Ben Francisco for several plagues will be raised in a danger two.
MENTIONED IN THIS ARTICLE
Pain Times
Austin
Tex
Ben Francisco
Philadelphia and Reading Trains Offer Timetable Details
Train timetable for Philadelphia and Reading routes lists departures to New York Bethlehem Easton and Wyoming Valleys with multiple daily expresses and sleep cars. Includes terminal changes at Jersey City foot of Broad Street and connections to Liberty Street Terminal plus detailed schedules for Schuylkill Valley Perkiomen Valley and Atlantic coast points.
MENTIONED IN THIS ARTICLE
Dnes Junction
Canande . M
Phoenixville
Pottstown
Reading
MeGund
Mt. Phoenixville
Ene . M
Rastana
Wilkesbarre
Scranton
Inaeeal FO Express
Qi Gee
Ene Agen
Boston
Pat
Fark
Cees Grove
Ranch
Ganda
Taterlaken
Asbury Park
Lambertville
Easton
Lambertvillé
Mit
Baltimore
Washi ' Sae
Atlantic
Coaat
Ease
T. da Seaton Heey
Seaboard Air Line Railway
Metro
Norfolk and Western Railway
Memphis
New Orleans
Chesapeake & Ne Railway
Old Point Comfort
Norfolk
Atlantic City
Encase Street
Delaware River
Market
Street Wharf
New York
Reogtte Park
Reading Terminal
Philadelphia
Peane Chestnut Streets
Liberty Street
Jersey City
New Terminal
Ropa Street
Bethlehem
Lenten
Wyoming
Ieee A
Buffalo
Niagara Falls
Chicago
Schuylkill Valley
Perkiomen R. R
Peart
Ross
Harrisburg—Express
M. Eaneay
Sundae Se Press
Samo
Irae
Emore
Highland Lake
Vorville
Shonsburg
Clearfield Bellefonte
Wile
Through Trains Westward from Philadelphia by Baltimore and Ohio
Trains depart Philadelphia at 24th and Chestnut Streets for Chicago via the Baltimore and Ohio route. Includes Parlor Car, Sleeping Car, and Dining Car service with no extra fare beyond standard charges.
MENTIONED IN THIS ARTICLE
Baltimore&g
Ohio R.R
Philadelphia
24Th and
Chestnut Streets
Chicago
Also Mentioned on This Page
Ohio
Mutualreserve Fund
J. B. Campbell
Niles, Ohio
The
Imperial
J. W. Lee & Co
James, Parsons & Co
Cleveland
A. A. Hobbs
Centralia
Inl
Cook County
German Alliance
L. ©. Butts
Cleveland Fire Insurance Exchange
A. H. Gankler
the Royal
Detroit
St. Clair County
Henry M. Fairchild
Traders’ of
A. G. Dent
Sun Insurance
Liverpool and
London and Globe Insurance Company
J. C. Dixon
Munele, Ind
Union Casualty
London Guarantee and Accident
Standard Accident
Chicago Underwriters’ Association
Hugh Dougherty
Bluffton
Ind
Union Surety Company of
Indianapolis
William A. Guthrie
Dupont
Henry C. Paul
Fort Wayne
John M. Shaw
John F. Wild
Incorporated In
Camden
Willis Moore
City Live Stock Markets
Syeiaa
Sprezia
Chestnut Fireet
Vine Street
Jenreich & Co
South Street
Philadelphia Trust
GEO. A. Huhn & Sons
Bullitt Building
Members OF
Chicas
Theobald & Oppenheimer Co
N. 3d St
North Penn Storage
Sikes & Shaw Co
Passyunk Avenue
Ardy Ealw
Brady
Sansom St
Tween
Qeam Brooks
Regen
Times Office
Wes
Hill
Morgan
Globe
Paris
Journal
Sam Hill
Iberia
Russia
J. J. Hill
Pacific Steamship Line
Irkutsk
Hill and Morgan
W. L. McCarthy
New York Freight and Transportation Bureau
New York City
Mississippi River
West Bank of the Mississippi
Newburges Derson
Bankers and Brokers
Philadelphia Stock Exchange
South Fourth ST
Ajall Stock
Waller & Co
Walnut St
Phila
N.Y
Ally
Macans Ny
Tile_ bath
Newitches
Marshal J
Erie Ave
A “Cassell Sons, Bal Builders
New York Cy
Given Cay Oees
Eby
ART OF Common Pleas
Philaelphia County
Jane Term
Columbian National Bank
Edwin ‘Mega
P. H. Kernan
Real Estate Trust Building
Charles L. McKeehan
Columbia Avenue
Rpet Cleaning Company
BR Street
17Th Street
Main & Germantown
Camp “Alr
Bern Tee
Broad ST
Ecantanas
Weiß U
Walnut Street
10Th St
Rine Light
Arthur F. Schneider
Chestnut St
Drexel
Soso
Ellis Williams
Stanley
South Carolina Avenue
Seckry
Frank
X Curren
Ponce DE Leon
Virginia Ave
Beach
Sweeney
South Carolina Ave
Manhattan Beach
Steamboat
Sun Parlors
P. O
M. A. Meloney
M. M. Kirk
Windsor
Atlantic CI City
Park View
Ron Ocean
Sunset Lake
Widdemer & Everett
ST. Cloud
First Ave
Wee
Ocean Grove
Warsock
Buena Vista Beach
Heck Aves
Specia Une
William Jones
Highland Houses
Atlantic Ave
Liberal Table
Serail
F. D. Rosborans
Lawrence House
Ocean City
Gore
Maveenet
Gell
Mayberry
Woehiman
Cape May
Congress
Belmar, N. J
Brunswick Oy
Tee
H. L. Gourdier
Pate Meh
Stat Ms
National Meter Co
Pennsylvania Railroad
Broad Street
West
Pittsburg
Koulgsne
Pittspurg
Toledo
Cincianati
Louisville
Hesbore
M. Dail Pees
Ceselmnatt
Ndiavapolis
Columbus
Indian PO
Teeters
Pittaburg
Nashville
Esperogaty
Knoxville
Shenandoah Valley Ute
Clevela
Aven Express
Mae Kane Express
Elmira
Renovo Express
Williams Exp
Sance
Sant
Anglesea
Wildwood
Eee Beach
Cape Rou
Express
Wek
Union Transfer Company
Ponel
B. Hutchinson
Woop
Jenaveleen
Sea Isle
Ere &T
Peepee
Evans
Royal Blvub Line
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!