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FIRE INSURANCE

TS ADVANTAGES EXPLAINED

with condensed Extracts of Criticisms

[graphic]

Pelletren & Boynor, Lith 657 Ve soy SEXY

"The Surplus Law is the battle cry of reform.” "This Law is the most prompt adjuster upon the occurrence of great conflagrations, as what it is to pay is lifted up above all complications."Am. Exchange and Review, Phila.

"The disadvantages of a receivership to both .company and policyholders, are too numerous to recapitulate."-New York Times.

The long lingering agony and expense of receivership, is avoided."-Insurance Critic, Chicago."

"By this law are secured a greater number of important benefits to the insured than we have room to state."-Spectator, N. Y.

"The benefits are, not alone to the 'unburned,' but to all its policy holders, when a great fire occurs "-N. Y. World.

"The bill presents a shadow of good things to come in the way of reforming our fire insurance system "-N. Y. Evening Mail.

"This Law must be classed among the most important laws, in reference to the important subject of insurance, that have yet been enacteu "-Hon. A. R. McGill, Ins. Com'r of Minn.

"We hope that eagerness for large dividends will not blind either the stockholders or the officers to the manifest advantages of this conservative measure." "It does justice alike to stockholders and policyholders-to the insured who lose and the insured who do not lose."-N. Y. Journal of Commerce.

"It is in this direction * * * * that fire insurance promises to become worthy of its name."-The Age, N. Y.

"Its great and prime good is to the burned policy holders; its next, to that hitherto neglected class, the policyholders, whether as owners or mortgagees, who are not involved in the burning."Safeguard, N. Y

"The law contains a principle of justice worthy of adoption." -Hon. S. H. Row, Com'r of Ins. of Michigan.

"The law is, in our opinion, one of the most important and most valuable to merchants and general property owners that is I found on our statute books."-American Grocer, N. Y

Phila.

"We entitle it a law founded upon equity for all."--Observer,

THE

Safety Fund Law

OF THE STATE OF NEW YORK,

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