. Philadelphia and popular Philadelphians . ortiou of the inhabitants own the places in which they dwell. After having secured his home the first and most sensible actof the possessor is to insure it, so that if swept away by fire all his savings would not be lost. But the rich man as well as the compar-atively poor man is equally as careful. The business tact which has made him rich teaches him the folly of running any unnecessary would be impossible to point to any great property owner anywhere throughout the civilized world who leaves his property uninsured. 84 PHILADELPHIA AND POPU
. Philadelphia and popular Philadelphians . ortiou of the inhabitants own the places in which they dwell. After having secured his home the first and most sensible actof the possessor is to insure it, so that if swept away by fire all his savings would not be lost. But the rich man as well as the compar-atively poor man is equally as careful. The business tact which has made him rich teaches him the folly of running any unnecessary would be impossible to point to any great property owner anywhere throughout the civilized world who leaves his property uninsured. 84 PHILADELPHIA AND POPULAR PHILADELPHIANS. INSURANCE. AMERICAN FIRE INSURANCE COMPANY Beginning in 1S10 and rapidly acquiring a business that waslimited only by the commercial area anil demands of the country,the American Fire Insurance Company has progressed steadily inpopular favor and appreciation, expanding with the country. Yearafter vear it has gone on piling up its surplus and adding to itsreserve. In their last statement the assets of the Company are set. American Fire Insurance Compan-i forth as follows: cash, ; real estate, #244, ; bondsand mortgages, $1,236,: stocks and bonds, #[,132,;loans and collateral, #211, ; ground rents, #7, ; premiumsin course of collection. #62, ; interests and rents due andaccrued, #22,; assets, March 1, 1S91, #3,008, Thisstatement tells the history of long-continued, careful managementami wise administration, which has made the name of the AmericanFire Insurance Company the synonym of stability and liberality,not onlv in Philadelphia, but throughout the country. Throughthe more than eighty years of its history the Company has not onlypreserved and upheld the high plane of honorable and conscientiousdealing, upon which it was established, but it has allowed no deter- ioration of integrity or intelligent direction in the officers who haveconducted and administered its affairs. Both in presidents and sec-r
Size: 1251px × 1998px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bo, bookcentury1800, bookdecade1890, bookidphiladelphiapopu00phil
