Thank you for visiting SNEWPapers!
Sign up free
Letter to Editor
February 13, 1858
The Cecil Whig
Elkton, Cecil County, Maryland
What is this article about?
A letter to the editor of The Cecil Whig urges the Mutual Fire Insurance Company to confine operations to Cecil County alone, citing heavy losses from risks in Caroline, Harford counties, and a recent fire in Havre de Grace costing $5,000, borne by Cecil policyholders.
Clipping
OCR Quality
95%
Excellent
Full Text
Communications
For The Cecil Whig
Fire Insurance.
Mr. Editor: - It is to be hoped after the experience of our Mutual Fire Insurance Company in Caroline and Harford counties, where it has lost thousands of dollars, they begin to think of confining its operations to Cecil alone, farther than which they never to have been extended. The fire at Havre de Grace will alone, cost the company five thousand dollars. These losses almost altogether, out of the pockets of the people of Cecil county. It is very likely that it is the dangerous property of others that is insured with us; experience shows this: and our safe property has to bear the damages. I think it is time to overhaul and put down all the specious and unfounded arguments in favor of enlarging the business of the Company by taking in dangerous property at a distance, and notice ought to be given to all Insurers outside the county that their property will be refused the current year. Due precaution requires this: the stability of the company and the rest of the members in Cecil require this.
For The Cecil Whig
Fire Insurance.
Mr. Editor: - It is to be hoped after the experience of our Mutual Fire Insurance Company in Caroline and Harford counties, where it has lost thousands of dollars, they begin to think of confining its operations to Cecil alone, farther than which they never to have been extended. The fire at Havre de Grace will alone, cost the company five thousand dollars. These losses almost altogether, out of the pockets of the people of Cecil county. It is very likely that it is the dangerous property of others that is insured with us; experience shows this: and our safe property has to bear the damages. I think it is time to overhaul and put down all the specious and unfounded arguments in favor of enlarging the business of the Company by taking in dangerous property at a distance, and notice ought to be given to all Insurers outside the county that their property will be refused the current year. Due precaution requires this: the stability of the company and the rest of the members in Cecil require this.
What sub-type of article is it?
Persuasive
Informative
What themes does it cover?
Commerce Trade
What keywords are associated?
Fire Insurance
Cecil County
Mutual Company
Havre De Grace Fire
Insurance Losses
Caroline County
Harford County
What entities or persons were involved?
Mr. Editor
Letter to Editor Details
Recipient
Mr. Editor
Main Argument
the mutual fire insurance company should limit operations to cecil county to avoid further losses from risky properties outside the area, and refuse insurance to out-of-county applicants this year.
Notable Details
Losses In Caroline And Harford Counties Totaling Thousands Of Dollars
Fire At Havre De Grace Costing Five Thousand Dollars
Losses Borne By Cecil County Policyholders
Criticism Of Insuring Dangerous Distant Properties