National Geographic : 1929 Sep
"These are Sound Principles and Will Endure" _ John Marshall n1795 N December 26th, 1795,a group S-. Iof leading citizens of Richmond, } gathered to hear the report of John Mar shall on a plan for the organization of the -first insurance company in Virginia. To Marshall, later great Chief Jus ltice of the Supreme Court, and already famous as the most brilliant lawyer in the State, had been given the task of reporting on the soundness of the prin Sciples and plan. The company organized that day was a mutual corporation and the principles which Marshall endorsed were the great mutual principles of ownership and management in the hands of policy holders, careful selection of risks, and furnishing reliable insurance at low cost Li abi' iI to the insured. John Marshall's judgment has been splendidly justified. Mutual principles have not changed to this day. Mutual corporations through sound manage ment are able to return to the policy holders a substantial part of their insur MUTUAL PROTECTION IS AVAILABLE ance premium. FOR THESE CASUALTY RISKS: A worth-while booklet on mutual Accident and Health Liability (allforms) casualty insurance will be sent on re Automobile (allforms) Plate Glass Burglary and Theft Property Damage quest. No solicitation will follow. Ad Workmen's Compensation Fidelity dress Mutual Insurance, Room 2200, 180 No. Michigan Ave., Chicago, Ill. MUTUAL CASUALTY INSURANCE These Old Line Legal Reserve Companies Are Members of NATIONAL ASSOCIATION OF MUTUAL CASUALTY COMPANIES and AMERICAN MUTUAL ALLIANCE Allied Mutuals Liability Insurance Co., New York City; American Mutual Liability Insurance Co., Boston, Mass.; Builders Mutual Casualty Co., Madison, Wis.; Central Mutual Casualty Co., Kansas City, Mo.; Employers Mutual Casualty Co., Des Moines, Ia.; Employers Mutual Liability Insurance Co., Wausau, Wis.; Exchange Mutual Indemnity Insurance Co., Buffalo, N. Y .; Federal Mutual Liability Insurance Co., Boston, Mass.; Hardware Mutual Casualty Co., Stevens Point,tWis.; Interboro Mutual Indemnity Insurance Co., New York City; Jamestown Mutual Insurance Co., Jamestown, N. Y.; Liberty Mutual Insurance Co., Boston, Mass.; Lumbermens Mutual Casualty Co., Chicago, Ill.; (American) Lumbermens Mutual Casualty Co. of Illinois, New York City; Merchants Mutual Casualty Co., Buffalo, N. Y.; Michigan Mutual Liability Co., Detroit, Mich.; Mutual Casualty Insurance Co., New York City;Texas Employers Insurance Association, Dallas,Tex.; U.S.Mutual Liability Insurance Co., Quincy, Mass.; Utica Mutual Insurance Co., Utica, N. Y .