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38. jj.7 B i d s SENT IN BY BONDING COMPANIES COMPANIES. ••GOV. & FED.RES. FED.RES.:DEP.FED:STAFF AGENT :RES.AGT:OF FED :BK. STF. AGT. & ALONE : :RES.AGT. STAFF $1.00 :$1.00 :$2.20 International Fidelity Ins. Co.,:$2.20 #15 Exchange Place, Jersey City : • * N. J. ' : :$1.00 ! $i7oc American Fidelity Co *> : :for e a . : for each 9th & New York Avenue, :$2*00 : Bond *. . .. Washington, D, C» ; bond American Indemnity Co., : $1.00 :$1.00 : Galveston, Texas :$2.00 Ti; U, S'. Fidelity & Guaranty Co: $1.00 :$1.00 :$2,50 Baltimore, Md. .. :$2.50 \2) U. S. Guaranty Co., :$2500 757. of Reports will be made on 111 Broadway, N. Y. : . to rate officers & Staff of :$25000 for Gov banks. . : at & Staff :v 2.00 . New Amsterdam Casualty Co. : : : ■ : Baltimore, Md. :$2.50 ; :$1.00 :$1,00 :$2.50 Royal Indemnity Company :$2.50 $1.00 $1.00 $2*50 410 Bond Building, Wash. D.C. :Blanket bond, same rate, liability to be tascertained by multiplying the penalty of :the bond by the No. of exposures. Fidelity & Casualty Company, :y2„5(j ^$1.00 $1-00 $1.00 $1.00 520 Colorado Building, Wash,, ; Running to the Government D. C. : $2.50 $2.50 $2,50 $2.50 : Running to the Banks. Aetna Accident & Liability Co. ;$2.50 $1.00 $1.00 $2.50 Hartford, Conn. : Usual Govt.form Honesty : of bond. form of : ■ • bond only ♦ American Surety Company :' 100 Broadway, N. Y. :$2.50 $1.00 :$1■00 :$2.50 Hartford Accident & Indemnity Co 02.50 Hartford, Conn. Southern Surety Company, 605 F Street, Washington, D.C. l$2 *50 Oi. 00 :$1.00 :$2.50 Maryland Casualty Company, :(1.00 for bonds running to the U. S. Baltimore, M d ♦ <l-2.50 _____ for bonds running to the banks. Pennsylvania Surety Company, 7^2.50 v ’i .00 fl.00 ?2.50 01. Baltimore, M d . :Blanket bond $2. 50 calculated by multi .•plying the penal sum by the individual :covered. ______ Chicago Bonding & Surety Co. C'l.oo 0 i .oo $2.50 412 Fifth Street, Wash. 3. 0, rBlanket bond $2. 50 calculated by multi :plying the penal sum by the individual :covered. lassachusetts Bonding & Ins. Co. 77 State Street, Boston, Mass. $2.50 $1.00 $1.00 $2.50 Blanket bond $2,50 calculated by multi plying the penal sum by the individual Covered. .quitable Surety Co., -A St. Louis, Missouri :$2 .50 iSl.OO :$1.00 :$2.50 • # * I I Illionois Surety Company, 211 Colorado Building, Wash;,D.C. $2.50 Casualty Company of America, 1500 Bond Building,Wash.,D. C. $2.50 Fidelity & Deposit Company, of M d . Baltimore f M d . $2,50 ? . JiAJ $1^00 : $2.50 : $1.00 $2.50 : $1.00 : $2.50 : JOINT BID. National Surety C o . ,115 Broadway,N.Y $2.50 $1,00 $1.00 $2.50 Fidelity & Cas.,Co.,New York, N.Y. Bid may also be considered for each Globe Indemnity Co.,New York,N. Y. Company separately. New England Cas.Co.,Bost*n, Mass Investigation of employees will be unde taken for Board or banks to a limited extent. (l) "In addition to the above regular schedule bond or bonds we alb© offe. to write the encles-ed excess blanket fidelity bond, our bank form 91, for $50,000 in favor of each et, any one of the Federal Reserve Banks on behalf ariy twenty-five ifficere or employes in any one principal bank or in any one branch at a premium of $750.00 «pon the condition that Said twenty fi^e officers or employes will be bonded under a schedule bond or under a primary- coverage for amounts equal to the amounts outlined in schedule § 2 on the reverse of said excess blanket bond. Provided also that the amount: for which said officers or employee are bonded to the Bank primarily eithe: under a schedule or under separate bonds shall aggregate at least $200,000 .00 ." "If it is desired to have more than twenty-five officers or employes covered by this excess blanket bonds, we will add additional men to this excess bond at a premium of $15.00 per man, provided said parties are also primarily bonded to the Bank in accordance with schedule $2 on the roverse of said excess blanket bond." "It is our opinion that it will be desirable to cover many of the minor clerks and employes only in comparatively small amounts. To cover such employes for $50,000. or $60,000. would obviously be to over-insure them. This protection may besecured by covering such employes under the schedule bond for the proper penalties and the twenty-five or more of the officers or directors in each principal bank or in each branch bank, who have access to large amounts, may be selected ,to be covered under the excess blanket bond of $50,000. in addition to the amounts for which they are covered under the regular schedule bond." I (2) "A schedule bond covering Governor and Staff individually for stated amounts varying from $2500 to $10,000 (or even up to $25,000) an each, according to responsibility of position held, at a premium rate of 20 cents per $100. per annum as a primary coverage."/ "Excess loss over such primary coverage to tte covered by a policy or policies in blanket form issued by other company, or companies for amounts desired, say $100,000. to $250,000. according to size of Bank, (Rate on such excess coverage should be very moderate)." 2 . "A bond in blanket form on Governor and Staff Collectively covering loss up to $25,000 through any one or more or all persons named in the schedule forming part of the bond, to be held as a primary coverage, at annual rates as follows:1st 100 names @ $20,00 each '2000.OQ 12.50 " 1250.CQ 2nd 100 7.50 " 750.00 3rd IOC 5.00 " 50.0.00, 4th 100 (averaging $11.25 each$<506.00 400 Each additional name (beyend 400) each $4.00 tu?>,/%*>q loss ov»r nrimarv t,o be covered by Q. policy or policies in blanket form issued by ether company -jr companies for amounts d#3ired, say V’100,0GC to £250,000 according to size of B.;,nk.(Rate on such excess coverage snoulc be still lower than on exce Ro . 1. because of the higher primary coverage". - n
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