This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1840 Excerpt: ... offices that do divide their profits, as well as those who "make no return," but there are competitors in the trade, whose object is to obtain a greater number of assurers, although it be done by fraudulent means. We will suppose a case of a solicitor, whose clients generally reside in the country; it is in many ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1840 Excerpt: ... offices that do divide their profits, as well as those who "make no return," but there are competitors in the trade, whose object is to obtain a greater number of assurers, although it be done by fraudulent means. We will suppose a case of a solicitor, whose clients generally reside in the country; it is in many instances the case (some of them wishing to assure), that he receives instructions to assure certain lives at the office he thinks most proper to select; and, for the trouble of doing so, of course is paid his fee. Now the solicitor is constantly seeing prospectuses, which intimate that " the usual commission is allowed to solicitors," &c.; and he naturally expects, on bringing assurers, to receive the said commission, and this is well so far as it goes; but just reflect a moment, reader, upon the practice of such persons taking lives to assure in offices which allow the greatest premium--although, we trust, there are few base enough to do so--yet consider how wantonly that trust has been betrayed, which persons usually place in their legal advisers, when in the important matter of assuring for a family provision, their premiums are paid at an office possessing no claims to merit--for we hold they are such--merely for the sake of obtaining on the part of their legal adviser, some five or ten per cent, profit on such transaction! And, indeed, we feel ashamed to add that, in some cases, offices privately allow something more than this, upon every payment that passes through a solicitor's hands, amounting annually to a very considerable sum. The means continually resorted to, to win solicitors and others over to this system of agency, we will not attempt to discover; but we think it is a very clear illustration of the saying, t...
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Add this copy of The Mechanic and Chemist to cart. $60.53, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2010 by Nabu Press.
