Another Insurance Article

Editor os the Anatrs : - A communicution signed by ono of the líirectors of tlio Southern Wa&htenaw Sfutual Fire Insuranc Q oapoiiy, pWblished in tho last ísbtic of yovrr popeT, questions tli1 :;liility of some statemeota made in an artiole ■written ly injreolf muí pnl)]i-luil ii. a fimnerissae oí Hie Aiicrs. Coooormng tbe time tlvo S. "W. M. F. I.. Co. has boon doing business wc Ttavo only to say that Wö weru present iitthc-organization of tliiit coiiipiiiiy. r K&ther when tho oftii.virs mere eleotccl and tho charter irii ly-Ltws wcïe adopted, (the. löth of April, tSltïp Wc suvposed that thla meant business fot thv Coiiiany. IIowever, after tho Directora' cxp'iuiation we admit that tho oompany, (like sontc business firma) after its oTganization Viib had to wait a long timo for business to do. Tluvt restrlotkm placed apon the Seo"L'tíiri', we fincl upon a rc-exaniination of ihe ohattei and by-laws o! thia np!tiiy,. s aot a seotioB of the cha' tur but a part of one of tiie by4aws adopted with and n conformity to the ciartor. We quoto ■rom by-law No. 6, " no officora of Ibis oompany símil reside in a v'.llago or oity." The imthoiity wo ro'iod upon in stating íhat i towmshiy committtai far our ecm[)any b-eld tííe ivpjiisible position of Director in this now company was: lst, Wo wore present when lio was elucted to that otiico. 2d, A document purporting to bu the chartur uní by-lawa of tUo, S. W. M. P. I. Cy with the ñames of kho D'.rcctors uttachod, was placed in our haiuls by oae of the Directora juat before the article was writton to whieh alliLsion has been made. Among these ñames we found tha,t of tho coiumittoe-iuan. to wlioiiL wc refcTirtd. Concermng the firnoss witL wbich the Direotors for this new compauy have acted towards tho Washtonaw Mutual we have made no allusion neither do we wisli to mako any. All wc ask is that vro may nat bo mivpivstMtKÍ w loismeidcfstuud.