. Canadian forest industries 1901-1902. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. THE CANADA LUMBERMAN March, 1902 THE LUMBER UNDERWRITERS. In another part of the paper will be found an adver- tisement of the Lumber Underwriters, an insurance organization formed by a group of officers and prominent members of the National Wholesale Lumber Dealers Association. Many Canadian lumbermen who have lumber interests in the United States are familiar with the fact that for a number of years there has been considerable agitation of the insurance questio
. Canadian forest industries 1901-1902. Lumbering; Forests and forestry; Forest products; Wood-pulp industry; Wood-using industries. THE CANADA LUMBERMAN March, 1902 THE LUMBER UNDERWRITERS. In another part of the paper will be found an adver- tisement of the Lumber Underwriters, an insurance organization formed by a group of officers and prominent members of the National Wholesale Lumber Dealers Association. Many Canadian lumbermen who have lumber interests in the United States are familiar with the fact that for a number of years there has been considerable agitation of the insurance question, in the annual meetings of the National Wholesale Lumber Dealer's Association. There has long been a feeling among the lumber dealers of the country that the prevailing rates fixed by the old line, or tariff companies, on lumber risks are too high. As a result of this feeling, several prominent lumber dealers were led to form an organization for the purpose of carrying fire insurance on lumber and wood working risks only, with the intention of bringing an influence in the reduction of insurance rates. The gentlemen who have taken up this work are Charles M. Belts and Robert C. Lippincott, of Phila- delphia, Alfred Haines, and George B. Montgomery, of Buffalo, Guy Gray, of the Mills-Gray Carlelon Com- pany of Cleveland, Ohio, C. H. Prescolt, of the Saginaw Bay Co., Cleveland, Ohio, and four New York men, Frederick W. Cole, F. W. Mattocks, J. J. McKelvey, General Counsel of the National Wholesale Lumber Dealer's Association, and E. F. Perry, Secre- tary of the National Wholesale Lumber Dealer's Asso- ciation. In order to carry out their plan, these men became underwriters in the Mutual Lloyd's, and on March 15th of last year commenced business, confining the lines of the company absolutely to risks of the class named. The name of the company was changed to " Lumber Underwriters," this being more distinctive. This additional insurance facility proved of great advantage
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Keywords: ., bookcentury1900, bookdecade1900, booksubjectforests, bookyear1902
