1094
Cleveland Morning Leader, 20 August 1864
(ed; 23 inches)
~ See original
p.1, col.2
~ View at ChronAm
1094 - L. Aug. 20; ed: 1/2, 3 - Fire insurance has become a matter of course,
causing its importance to be underestimated. Its systems, plans, and
principles deserve attention from both capital and labor - "all who are
worth anything."
The "participation" plan was introduced ten years ago and ten
stock fire companies have embraced it. At the close of 1863 these com-
panies had made over one million dollars in dividends. The Continental
co. was the first to adopt this plan and its example has influenced others.
"Manifestly, there is a great future for this system, and the Continental,
as one of its ablest, most conscientious and successful exponents will claim
and secure a foremost position." (23)