124 of 1913 - A resolution that the bonding business of the City be apportioned in accordance with attached list a •
t .
REMARKS: Resolution
By Commissioner Lawrence
That the bonding business of
the city be apportioned in
accordance with attached list , /
] as agreed upon by the Utah
. .
Association of- Casualty & SuretL
Agencies. — - -----
READ AND ADOPTED
NC 23 1913
2/014,4.41444.4.4K.
CITY RECORDER,
ROLL CALL Ni) 4'r
VOTING Yes � � Utah. Dea. 23rd; 1913
Keyser 7 i�naroe that rogation No... ``,,
, "'4 by Mr.
Koms - be adopted
Ell
Lawrence
MorrisC--—3/0(. ..-7-- .-<""----'----.....%)
Mr.Chsimien . . 111
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1N
RESOLUTION .
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WHEREAS. on December 4th, 1913, the Board of Commissioners
adopted a resolution authorizing the City Recorder to apportion the
bonding business of the .city among the bonding agencies of the various
companies; and
WHEREAS, apportionment as authorized by -said resolution was
unsatisfactory to, and caused ill feelings among some of the bonding
company agencies; and
1
WHEREAS, the associated bonding companies have agreed upon a
system of apportionment satisfactory to all , therefore be it
RESOLVED, that the action of the Board of Commissioners in
adopting resolution No. 120 be rescinded, and be it
FURTHER RESOLVED, that the bonding business of the city
be apportioned, as far as consistent, in accordance with attached
list, same being apportionment agreed upon by the Utah Assn. of
Casualty & Surety Agents.
Adopted by the Board of 'Commissioners of Salt Lake City,
Utah, December 23rd, 1913.
spfi Ad/ if
C 'ecor•e .
Temporary ary G ha ian
.
,
American Surety Co. 6 ,000,000 69,000.
Fidelity & Deposit Co. 4,000, 000 59,000 .
National Surety Co. 3,000,000)
Fidelity & Casualty Co. 3, 000 ,000 49,000.
U. S . Fidelity & Guaranty Co. 3, 000 ,000
Maryland Casualty Co. 2, 000 ,000�
Aetna Accident & Liability Co. 2,000 ,000 39, 000.
Royal Indemnity Co. 1 ,000,000)
Massachusetts Bonding & Ins. 1 , 000 , 000)
Globe Indemnity Co. 1, 000,000) 29, 000.
Equitable Surety Co . i ,000 , 000)
Guardian Casualty & G . Co . )
Chicago Bonding & Ins. Co. )
Illinois Surety Co. ) 19,000.
Lyon Bonding & Ins. Co. )