LA TOURETTE General Information

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LA TOURETTE General Information - " Undoubtedly," replied Mr. Johnson. • ' •;__ '...
" Undoubtedly," replied Mr. Johnson. • ' •;__ ' Quits After 60 Years. Because of lack of business, the Bound Brook Mutual Fire Assurance Company, which obtained a charter from the Legislature fn 1838, is about to be dissolved. The directors named ia the charter were men active in Ihe early history ot Somerset county, like John H. Voorhees, John Latourette, R. 8.. Smith, Ernest Scbenck, N. V. Steele, J. D Field, John Garretson, John Steele, jr., Andrew V. D. B. Vosseler, Matthew Hopper, J. d. Randolph, John Ros«, Jeremiah Parse!', Caleb Morton and Ebenezer S Lewis. Tne company's early existence was a prosperous one, and, in 1876 the charter waa extended by the Legislature to 1925. In 1881 the company had a large surplus, but in that year the big Bound Brook fire occurred, and the surplus of the company was wiped jut as a result. This was tho beginning ot a number of heavy losses, which caused assessments on the stockholders. Of late it has been impossible to get new business, owing to the low rates made by the stock companies.

Clipped from
  1. The Daily Times,
  2. 18 Dec 1899, Mon,
  3. Page 7

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  • LA TOURETTE General Information

    smurray1 – 25 Mar 2013