fry gf (Lusois imm THE COST of COMPENSATION INSURANCE in VIRGINIA DESCRIBING THE VIRGINIA WORKMEN’S COMPENSATION ACT AND DISCUSSING METHODS WHICH PRODUCE COMPENSATION INSURANCE AT COST Liberty Mutual INSURANCE COMPANY HOME OFFICE, BOSTON Copyright, 1918, by ty Mutual Insurance Company | All rights reserved Virginia Advisory Board of Liberty Mutual INSURANCE COMPANY L. B. Conway Treasurer Danville Knitting Mills Charles G. Craddock Director Craddock-Terry Company Robert S. Crump President Standard Paper Mfg, Co, Lawrence H. McWane President Lynchburg Foundry Co, Milton E. Marcuse Vice-President and Treasurer Bedford Pulp £ff Paper Company William J. Parrish Secretary and General Manager Richmond Cedar Works William T. Reed President Larus & Brothers Co. } Inc. William S. Royster Vice-President F, S, Royster Guano Co, direct 33 /. 2 . 6 " i_«/4'c. o The Virginia ^ Workmen’s Compensation Act in Brief r*- The Purpose of the Workmen’s Compensation Law T HE purpose of the new law is to establish a system of mak¬ ing payments to injured workmen, designed to benefit both the em¬ ployer and employee. How It Benefits the Employer The new law benefits the employer in several ways. It enables him to compensate his em¬ ployees injured in the course of their employ¬ ment according to a definite scale, instead of being subjected to the uncertain liability for damages in action at law with a jury trial, and the expenses, annoyances and the resultant ill ts feeling between employer and employee. It enables the employer to have his injured workmen compensated without delay and with- out the intervention of lawyers. 01 3 ] as * It serves to establish a more friendly feeling between the employer and employee and one based on business principles. Under this form of insurance the approximate annual cost becomes a known factor and can be included in the production cost to be later assumed by the public as intended by the law. How It Benefits the Employee It provides for him a certain , speedy and in¬ expensive means of securing compensation for injuries resulting in disability extending beyond two weeks, instead of the present method of uncertain, slow and costly redress; and pro¬ vides him with medical and surgical treatment for a period of thirty days — these benefits all being obtainable without recourse to the law courts. The Manner of Figuring the Amounts of Compensation The amounts of compensation are based on the standard of one-half the average weekly wage of the injured employee as follows: 1. Total Incapacity. A weekly payment beginning on the fifteenth day following the injury, equal to one-half his average weekly wages, but not more than $10.00 nor less than $5.00 a week for a period of not more than 500 weeks, and in amount not more than $4,000.00. 2. Partial Incapacity. A weekly payment equal to one-half the difference between his average weekly [4 wages before the injury and the average weekly wages which he is able to earn thereafter, but not more than $10.00 a week, nor for a longer period than 300 weeks from date of injury. 3. Dismemberments. In case of injury of a per¬ manent character, such as the loss of a hand or an eye, compensation is payable for a specified number of weeks according to a schedule and is in lieu of all other compensation. 4. Death. A weekly payment to the dependents wholly dependent upon the earnings of the deceased employee, equal to one-half his average weekly wages, but not more than $10.00 nor less than $5.00 a week for a period of 300 weeks from date of injury, and hurial expenses not exceeding $100.00. If the em¬ ployee leaves dependents only partly dependent upon his earnings for support, the weekly compensation to such partial dependents shall equal the same pro¬ portion of the weekly payments for the benefit of persons wholly dependent as the amount contributed by the employee to such partial dependents bears to the annual earnings of the deceased at the time of his injury. 5. Medical Treatment. For a period not exceed¬ ing thirty days after the injury, the employee shall be furnished, free of charge, such necessary medical attention as the nature of the accident may require. What the Law Requires of Every Employer On and after January 1, 1919, every em¬ ployer and employee shall be presumed to have accepted the provisions of this Act and shall be bound thereby unless he shall have given notice to the contrary prior to any accident resulting in injury or death. 5 ] What an Employer Must Do if He Accepts the Act In accepting the Act an employer must do one of four things: 1. Insure his liability for compensation benefits to his injured employees in a mutual liability com¬ pany, which pays no commissions nor profits to stock¬ holders. 2. Insure with a stock insurance company, which pays commissions to brokers and dividends to stockholders in addition to other operating expenses. 3. Furnish to the Industrial Commission a satis¬ factory proof of his financial ability to pay, direct, the compensation provided for in the Act. 4. Insure in a State Insurance Fund. (No such fund has been established nor money appropriated for it.) When the Employer Must Give Notice of Acceptance The employer accepting the compensation provisions of the Act must file with the com¬ mission, within thirty days after January 1,1919, evidence of his compliance. This, however, can be cared for by his insurance company. Consequences of an Employer’s Failure to Accept the Provisions of the Act Every employee who is injured will the7i have the right to bring action for damages and [6 the employer is deprived of the privilege of pleading the three important defenses ; 1. That the employee was negligent. 2. That the injury was caused by the negligence of a fellow employee. 3. That the employee had assumed the risk of the injury, and the possible award by the jury is unlimited and not confined to the amounts of compensa¬ tion specified in the Act. How an Employer Is Protected by His Compensation Insurance When an employer accepts the Act his em¬ ployees automatically waive their right of action at common law to recover damages for personal injury, unless they give the employer written notice, thirty days prior to any accident, that they do not wish to come within the Act. If, however, any employee who has given such notice is injured and proceeds against the em¬ ployer, under common law the employer is still protected by his insurance policy. Where the Administration of the Act Is Vested A Commission, known as the Industrial Commission of Virginia , has recently been ap¬ pointed by the Governor, to administer the Act. The personnel of the Commission is as follows: 7] Robert H. Tucker, Lexington, Va., to represent the people at large. Charles A. McHugh, Roanoke, Va., to represent the employers. Charles G. Kizer, Norfolk, Va., to represent the employees. The salary of each Commissioner is to be $3,600.00 a year and will be paid by the Com¬ monwealth of Virginia. Disputes as to the Merits of Employees’ Claims and How They Will Be Settled There will, no doubt, be disputes because of the large variety of accidents and the individual attitude towards settlements. Each case in dis¬ pute, however, will be decided by the Indus¬ trial Commission, upon which will devolve the duty of preventing improper settlements and claims. The Difference between the Proposed Compensation Insurance and the Present Liability Insurance At the present time an Employer’s Liability Policy undertakes to indemnify the employer only for the injuries for which the law says he is to blame. Under the new law compensa¬ tion is paid for any accident regardless of blame, unless the employee is guilty of serious and wilful misconduct, the only test being, did the accident arise out of and in the course of the employment ? [8 Just What Is Meant by an “ Employer” An employer is defined by the Act to be: Any municipal corporation within the State or any political division thereof, and any indi¬ vidual, firm, association or corporation, or the receiver or trustee of the same, or the legal representative of a deceased employer, using the service of another for pay. The Exact Definition of an “ Employee ” Every person, including a minor, in the ser¬ vice of another under any contract of hire or apprenticeship, written or implied, except one whose employment is not in the usual course of the trade, business, occupation or profession of the employer. What the Phrase “ Average Weekly Wages ” Implies “Average weekly wage” means the earn¬ ings of the injured employee, in the employ¬ ment in which he was working at the time of the injury, during the period of fifty-two weeks immediately preceding the date of the injury, divided by fifty-two. “ Injury ” and “ Personal Injury ” under the Act “ Injury ” and “ personal injury ” means only injury by accident arising out of and in 9] the course of the employment and does not include a disease in any form, except where it results naturally and unavoidably from the accident. The Law as to Reporting Accidents Within ten days after the occurrence and knowledge thereof a report of an injury to an employee causing his absence from work for more than seven days must be made in writing and mailed to the Industrial Commission on blanks to be procured from the Commission or from your insurance company. The Greatest Amount Payable in Any One Case The greatest amount payable in any one case under the Act is four thousand dollars (14,000.00). How the Workman Is Protected in Collecting Compensation for an Injury No claim for compensation under this Act shall be assignable, and all compensation and claims therefor shall be exempt from all claims of creditors. [10 When the Employee Is Injured while Employed Outside of Virginia If the accident was one which would entitle the employee or his dependents to compensa¬ tion if it had happened in Virginia, the em¬ ployee or his dependents shall be entitled to compensation, provided the contract of em¬ ployment was made in Virginia, the employer’s place of business is in Virginia, and the residence of the employee is in Virginia; and provided his contract of employment was not expressly for service exclusively outside of Virginia. How an Employer Can Obtain More Detailed Information about His Workmen’s Compensation as well as the Approximate Annual Cost of Compensation Insurance to His Company By reading the following pages and com¬ municating with the Liberty Mutual Insurance Company, Mutual Building, Richmond, Va., or its Home Office, at 185 Devonshire Street, Boston, Mass. u] [12 A Personal Word I REMEMBER very distinctly some of my experiences in trying to interest business friends in mutual insurance during the early days of the Liberty Mutual. I found that in every case they had gained their ideas about insurance from stock company agents. Needless to say, these ideas had been somewhat colored in favor of the stock insur¬ ance companies by the agents to whom these companies were a source of livelihood. Since then, however, these business friends of mine have come to understand the real facts of the situation, and their opinions have under¬ gone a radical change. They are now among the strongest advocates of mutual insurance. I have always felt that if business men could be induced to make even a brief study of the basic facts of the insurance business they would all carry their insurance in mutual com¬ panies. The case is so obvious when you understand the facts. This little booklet has been prepared to give the basic facts. These facts are reshaping the buying of compensation insurance in this coun¬ try. It behooves every business man to read them with an eye as to what they would mean to his own business in economy and service, year after year. WALTER S. BUCKLIN President 13 ] Partial list of large industrial concerns who are members of the Liberty Mutual: American Pulley Company American Steel & Wire Company Joseph Bancroft & Sons Company Berkshire Cotton Mfg. Company Bird & Son Boston Elevated Ry. Co. Boston Post Publishing Company Chapman Valve Mfg. Company Cluett, Peabody & Company, Inc. Crocker, Burbank Co., Inc. Curtis Publishing Company Dennison Manufacturing Company Everett Mills Fels & Company General Electric Company Gilbert & Barker Mfg. Company Hubbard & Company International Paper Company Geo. E. Keith Company Lawrence Mfg. Co. Fred T. Ley & Co., Inc. Marshall Foundry Co. New Home Sewing Machine Co. Niles-Bement-Pond Co. Norton Company Osgood Bradley Car Company Pittsburgh-Des Moines Co. Thomas G. Plant Company Public Ledger Company The Pusey & Jones Company Rice & Hutchins, Inc. Simmons Hardware Company Standard Pressed Steel Co. Stone & Webster Eng. Corp. Strathmore Paper Co. United Drug Company United Shoe Machinery Company United States Envelope Company United States Leather Co. of Mass. Walworth Mfg. Co. Wyman-Gordon Company [14 THE COST of COMPENSATION INSURANCE Force of Habit E VERY business man knows that a dollar saved is as good as a dollar earned. Yet even the shrewdest business men sometimes overlook the most obvi¬ ous opportunities to effect considerable savings in their fixed charges. In buying the compensation insurance required by the law which goes into ef¬ fect Jan. 1, 1919, for example, many a busy executive may — largely through force of habit — pay some privately owned stock company a high insurance premium, because he is persuaded by 15 ] his insurance broker that he is getting in return unusual service and protection. But, as a matter of fact, while he may get both satisfactory service and sufficient protection, a considerable part of the high premium which he will pay is not used for either of these purposes. It goes to pay the heavy selling costs of the stock insurance companies and the divi¬ dends which they must pay to a host of stockholders. When you learn how simply and con¬ servatively this saving can be made, you will understand why so many of the lead¬ ing manufacturing concerns are taking advantage of it. The Thirty Per Cent Dividend T HE regular dividend to policyhold¬ ers of the Liberty Mutual Insur¬ ance Company is and has been thirty per cent. If you carry your insurance in a [16 stock company, you will pay a commis¬ sion of seventeen and one-half per cent to the agent or broker who places your insurance — although your state laws make it practically compulsory for you to purchase compensation insurance. In other words, you will pay for being solicited to buy insurance which you must buy anyway. The Liberty Mutual pays no commis¬ sions. It conducts its business directly with its policyholders through salaried representatives. In addition to the agent’s commission in a stock company a portion of your premium is paid to the shareholders in the form of dividends on their stock. The Liberty Mutual has no stock and no stockholders. Every dollar of your premium that is not spent on protection and service goes back to you in mutual dividends on your policy. The modern principle of cooperation in business is the keynote of mutual in- 17] surance. In the Liberty Mutual every director of the Company is a policy¬ holder. Every policyholder shares di¬ rectly in the earnings and is interested in eliminating unnecessary expense and loss. The result is unusual care and dis¬ crimination in the acceptance of new risks and a united effort to reduce acci¬ dents to a minimum, since every dollar saved in this way is a dollar earned for the policyholders of the Company. While the stock companies spend about forty per cent of their premiums for expenses of selling and operating, the Liberty Mutual spends only sixteen per cent. The Liberty Mutual has returned over $2,000,000 in cash dividends to its pol¬ icyholders. You are as sure of getting the regular dividend from the Liberty Mutual as you are of getting the regular interest on a deposit in a mutual savings bank. [18 Fair Treatment of Injured Employees W HILE this actual saving in dollars and cents is a matter of the great¬ est importance to any manufacturing concern, every business executive con¬ siders of equal importance the service which he is going to receive. “What I want from my insurance company is service.” Just what does this familiar expression mean ? It means for one thing that the man who has a large number of people in his employ wants them treated considerately and fairly and wants them paid compen¬ sation promptly when they are injured. It means that when a valuable man is hurt the employer does not want him to be denied compensation because some in¬ surance company’s claim agent says the injury does not come under Clause Y of a complex insurance policy. In other words, when his employees are injured he wants them treated as he would treat 19 ] them himself, in the spirit of the com¬ pensation law. It is an iron clad rule of the Liberty Mutual that all claims of injured em¬ ployees be viewed from a sympathetic standpoint and all compensation justly due be paid without delay and in the spirit intended by the Act. The em¬ ployer’s desire for friendly relations with employees is constantly borne in mind and everything possible is done to con¬ serve such relations. Common Sense in Factory Inspections F URTHERMORE, while every em¬ ployer of labor recognizes that some of his men are bound to get hurt no matter how fully he may try to protect them, he wants injuries in his factory reduced to a minimum. He wants his factory known as a safe place to work in. He knows that “labor turnover” is expensive; and that the foremost industrial concerns of the [20 country are giving a great deal of atten¬ tion to safety devices and safety education because it pays in dollars and cents saved in production cost. For all these reasons the head of a busy factory wants a reason¬ able number of expert inspections for the prevention of injuries. But he wants inspections of his plant made in his own way and at his own convenience. He wants them made by experienced safety engineers who have been trained to look at safety suggestions from the viewpoint of the manufacturer, not merely that of the insurance com¬ pany. He wants the engineer to con¬ sider the effect of his recommendations from a practical operating viewpoint and to keep the cost of improvements within reasonable limits. He also wants these recommendations submitted for his consideration in the form of fully written reports. This is the type of in¬ surance service that enables the manu¬ facturer to scale down his insurance rate with the least outlay of time and worry. 21 ] The Liberty Mutual is especially equipped to render just this sort of ser¬ vice. The best proof that it is doing so is the list of concerns which place their insurance with it year after year.* The Strength of Mutual Insurance HERE can be no stronger evidence A of the fundamental soundness of mutual insurance than the rapid develop¬ ment of the mutual idea in this country during the past few years. The great Metropolitan Life with over seven hun¬ dred millions in assets, and the Prudential Life with over four hundred and seventy- five millions, were mutualized in 1915. Then followed the mutualization of the Equitable Life. The New York Life, the John Hancock and the New England are all mutuals. In fact ninety per cent of all life insurance is conducted upon the mutual plan. *See page 14. [22 The “Factory Mutuals” of New England, the first organizations in the United States to insure manufacturers ex¬ clusively against fire losses, are to-day the best example of fire insurance in this coun¬ try. Seventy-five per cent of the factories east of the Mississippi having standard fire protection carry their fire insurance in these and other mutual companies. In a recent address, the Insurance Commissioner of Massachusetts, referring to the annual amount of compensation premiums written in that state, illustrated the rapid growth of mutual insurance and the decline of stock insurance in a most impressive way. During the five years ending 1916, the business of over twenty stock companies decreased 13.37 per cent, while the business of the four mutual companies increased 32.33 per cent, as shown by the following figures quoted from his address: _ , 1912 1913 1914 1915 1916 Stock Companies 70.74 71.29 68.91 67.04 61.28 Mutual Companies 29.26 28.71 31.09 32.96 38.72 23 ] In making the address, from which these figures are taken, the Insurance Commissioner said: “These figures tell their own story whether we like it or not; whether we are mutual advocates or stock advocates, or neither.” Mutual insurance is cooperative insur¬ ance. It is controlled by the men whom it protects, and is managed by experts whom they employ. The idea is as old as insurance itself and was in fact the only type of insurance known to business, un¬ til some man evolved the idea of exploit¬ ing the need for protection to his own profit through the stock company. It is because the mutual companies are oper¬ ated only for the interest of the policy¬ holders that there are no commissions paid to insurance agents, nor dividends to stockholders as in the privately owned insurance companies. Mutual insurance is based on exactly the same principle as the savings bank, and your insurance is as safe in the Lib¬ erty Mutual as your deposit is in a strong savings bank. [24 Cooperative management, economical administration and complete protection — are the cardinal principles of mutual in¬ surance. The Liberty Mutual Company HE Liberty Mutual — originally X called the Massachusetts Employees Insurance Association — was created in 1912 as part of the Massachusetts Work¬ men’s Compensation Act, in order that employers should have a company, man¬ aged by their own representatives, in which they could obtain insurance at cost. Its first board of directors was appointed by the Governor of Massachusetts, but on July 1 , 1912 , the Company was turned over by the State to the policyholders. The Company is purely cooperative and mutual, and is controlled by em¬ ployers and business men who are its policyholders. Its directors are all busi¬ ness men like yourself.* *See page 30 for list of directors and their affiliations. 25] Strong Reinsurance Protection HE Liberty Mutual furnishes its X policyholders the protection of its own financial resources, aggregating over three million dollars. Its liabilities include reserves of over two and one-half million dollars and it has a surplus of over six hundred thousand dollars. In addition to this, the Company furnishes its policyholders the protection of reinsur¬ ance against unusually large losses. This is carried in one of the strongest insur¬ ance institutions in the world — Lloyds of London. The resources of the Liberty Mutual plus reinsurance in Lloyds of London afford substantial assurance to policy¬ holders of the adequacy of the insurance protection and the continuance of the annual dividends of thirty per cent from year to year. It may be conservatively stated that there is no company that affords better [26 security to its policyholders than the Liberty Mutual, and there are few com¬ panies which furnish equal security. Your Own Insurance Cost ABOR is a big item of your expense. -1 —* The cost of its protection is com¬ paratively high. To pay more than the actual cost of that protection is like hav¬ ing an unnecessary tax imposed on your plant — a condition you would naturally resent. The opportunity, therefore, to secure compensation insurance at almost one- • third less cost — thirty cents less out of every dollar — year after year, should be a matter of satisfaction to you as an em¬ ployer. What is more, together with this sav¬ ing you obtain an expert inspection ser¬ vice for your factory through our safety engineering department which may still further reduce your premium. 27 ] 4 A nd now that you have read the brief statement of Liberty Mutual Insur¬ ance given in these pages, do you not believe that it is worth your while to look into the question a little further? May we suggest that you write or tele¬ phone to our Richmond Office, 602 Mutual Building, for the purpose of allowing us to quote you rates for work¬ men’s compensation and liability insur¬ ance. All the information you will need to furnish us is the nature of your busi¬ ness and an estimate of your annual pay¬ roll. Such action may mean the saving of many dollars to you in your annual insurance cost. Liberty Mutual INSURANCE COMPANY [28 Financial Statement of the LIBERTY MUTUAL Insurance Company ASSETS Sept. 30 Dec. 31 1918 1917 Railroad and other bonds . . $2,547,952.91 $1,400,525.00 Interest due and accrued 34,799.62 19,132.01 Cash on hand and in bank . 475,958.39 1,057,404.33 Premium notes . 34,986.03 241.64 Premiums in course of collection 207,558.56 246,390.75 Accounts receivable . 9,074.12 8,523.07 Total Assets . $3,310,329.63 $2,732,216.80 LIABILITIES Reserve For losses . $1,641,302.33 $1,041,731.23 For unearned premiums . 914,378.87 970,052.49 v For all other liabilities 119,048.11 191,582.03 Surplus to policyholders 635,600.32 528,851.05 Total Liabilities . . $3,310,329.63 $2,732,216.80 RECORD OF PROGRESS RESOURCES NET PREMIUMS SURPLUS 1912 $563,174.90 $619,256.97 $126,765.63 1913 853,407.11 706,627.83 256,612.38 1914 1,052,669.26 817,569.41 358,822.33 1915 1,320,253.35 903,336.57 384,539.87 1916 1,814,423.40 1,337,308.64 425,651.12 1917 2,732,216.80 2,434,027.37 528,851.05 29] * Board of Directors Charles L. Allen, Treasurer Norton Company Walter S. Bucklin, President Francis W. Davis, General Manager Pilgrim Laundry Co. W illiam O. Day, Treasurer United States Envelope Co, Wallace B. Donham, Vice-President Old Colony Trust Co. Walter C. Fish, Manager Lynn Wirks, General Electric Co. John R. Freeman, President Manufacturers Mutual Fire Insurance Co. Joseph P. Gray, President Boston Manufacturers Mutual Fire Insurance Co. John Gribbel, Vice-President Curtis Publishing Co. George E. Hall, Vice-President and General Manager Boston IVoven Hose and Rubber Co. Henry Howard, Vice-President Merrimac Chemical Co. Moses B. Kaven, United Shoe Machinery Co. Eldon B. Keith, Treasurer George E. Keith Co. John S. Kent, Treasurer M. A. Packard Co. Harold A. Ley, President Fred T. Ley & Co., Int. Louis K. Liggett, President United Drug Co. Clinton S. Marshall, Manager Worcester District Ameri¬ can Steel & Wire Co. Frederick C. McDuffie, Treasurer Everett Mills William J. McGaffee, President Thomas G. Plant Co. James S. Murphy, President Stickney £sf Poor Spice Co. Charles T. Plunkett, President Berkshire Cotton Mjg. Co. Harry L. Rice, President Rice fsf Hutchins, Inc. David A. Russell, General Manager Windsor Print Works Russell A. Sears, General Attorney Boston Elevated Ry. Co. James W. Spence, President Rockland Trust Co. Malcolm B. Stone, Treasurer Ludlow Mfg. Associates Patrick F. Sullivan, President Bay State Street Railway Co. Eugene V. R. Thayer, President Chase National Bank George F. Willett, Willett, Sears £sf Co. [30 Pennsylvania Advisory Board 1 I Charles E. Brinley Vice-President American Pulley Co. Powell Evans . President Merchant and Evans Co. John Gribbel . John J. Griffin iff Co. Charles H. Ludington Treasurer Curtis Publishing Co. Godfrey R. Rebmann . Vice-President Otis Elevator Co. Edward A. Schmidt President C. Schmidt iff Sons Brewing Co. Maurice N. Weyl Treasurer Edward Stern iff Co. y Inc. John C. Winston . President The John C. Winston Co. John E. Zimmermann . . . Day iff Z immermann t Delaware Advisory Board W. C. Corey . . President Delaware Leather Company G. L. Coppage . . The Pusey and Jones Company Joseph Bancroft Vice-President Joseph Bancroft iff Sons Company Claude Sutton President American Vulcanized Fibre Co. Joseph S. Hamilton, President Joseph S. Hamilton Company J. J. Satterthwait, President Remington Machine Company C. D. Garretson Secretary-Treasurer Electric Hose iff Rubber Co. 31 ] I UNIVERSITY OF ILLINOIS-URBANA 3 0112 062063893 Officers Walter S. Bucklin Henry Howard . Charles T. Conway Clark E. Woodward S. Bruce Black Lewis F. Tuells . Charles R. Wilder Joseph W. Church Safety Eng David S. Beyer George H. Bigelow Presiden Board Vice-Presiden . . Vice-Presiden Secreta ; . Treasurer Underwriting Manager\ Asst, to Presiden , . Asst. Secreta\ neering Department Vice-President and Chief Engineer Asst. Chief Engineet\ Compensation Department John W. Cronin . General Attorned William A. Brooks, M.D. . . Medical Directoi\ Home Office 185 Devonshire Street, Boston, Mass. Branch Offices New York City — 30 East Forty-Second Street Philadelphia — 20 South Fifteenth Street Pittsburgh — First National Bank Building Springfield, Mass. —Stearns Building, 293 Bridge Street;] Worcester, Mass.—Park Building, 507 Main Street Providence, R. I. —912 Turks Head Building Portland, Me. — 702 Fidelity Building Wilmington, Del. —Tenth and King Streets Richmond, Va. —602 Mutual Building [3