HISTORY OF EICHLAND COUNTY.
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��part of his paper and issued the present Dem- ocratic sheet, called the N'eirs.
The News still continues in a prosperous and healthy condition, under the editorial manage- ment of Mr. Bloom, with his son, AV. P. Bloom, as publisher.
The Times came into existence Decemlier 2, 1876, and 3'et continues under the editorial and business management of Mr. J. G. Hill. Its subscription list has continued to increase, and it is hoped and believed that it is on the road to permanent success.
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��The Mutual Fire Underwriters' Association, of Shelby, was incorporated February 2, 1880, and is therefore at the threshold of its career.
The Board of Trustees are Dr. W. K. Bricker, President ; Erastus S. Close, Vice President ; Henr}' Wentz, Jr., Secretary' ; W. A. Shaw, Treasurer ; D. I. Foust, Greneral Agent ; T. H. Wiggins, Abraham Bushe}', F. A. Du Bois and D. L. Cockley.
The Executive Committee is D. I. Foust, Henry Wentz, Jr., and D. S. Close.
From the well-known ability, as business men, of the above-named gentlemen, and their financial and social standing, it is fair to pre- sume that success will attend this enterprise. Dr. Bricker is an old resident and President of the First National Bank of Shelby. He was for some years connected with the Buckeye ^lutual Fire Insurance Company, of Shelb}', as Director and Treasurer. Mr. Close has been, for several 3'ears, connected with the railroads passing through Shelb}-, as agent ; and JMr. Wentz has hitherto been engaged in the insur- ance business.
W. A. Shaw and D. L. Cockle}- are successful business men and merchants, engaged respect- ively in the jewelry and hardware trade.
Mr. Foust is a minister of the Lutheran Church, Init for a few years previous to the
��establishment of this Compan}-, was in the em- plo}' of the Buckeye Mutual.
Mr. Wiggins is an old resident and successful attorney, and Dr. Du Bois a Director in the First National Bank, and a lumlier dealer.
The distinctive features of this Association are :
1. A guarantee fund of $10,000 is secured, am* or all of which is pa3-alile in thirty days from date of notice to pay losses.
2. The National Board rate, as adopted after the Chicago fire, is the basis of rates for this Company.
3. Premium notes, amounting to three-fifths of such rate, are taken from members. Seventy per cent of said notes is collected in five an- nual installments, each five years in advance. If a member has paid more than the actual cost of insurance, in an}* five j-ears, the excess is placed to his credit as part of the surplus of the Association. The interest, at 6 per cent per annum, on such surplus will, in a few years, pay the losses and expenses of the Association, when the members will cease to pay an}- assess- ment.
4. Each meml)er pays cash in advance, for himself and not for another.
5. The law under which the Association is incorporated authorizes it to insure its members against loss b}- fire and other casualties. Hence they include losses bj' fire, lightning, and acci- dent to plate-glass windows and doors.
6. Every memlier knows how much and when to paj- each year ; hence dissatisfaction on account of unexpected, heav}- assessments, is eutirel}- avoided.
7. No policies are issued on risks, nor to per- sons not personall}' known to the management.
8. All policies are issued, and indorsements made thereon, at the home office in Shelby.
The Buckeye jNIutual Fire Insurance Com- pany was organized September 23, 1873. The Board of Directors consists of vS. S. Bloom, President ; H. E. Mc3Iillen, Vice President ;
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