154      REPORT OF TEE COMMISSIONER OF INSURANCt.


ILLINOIS INDEMNITY EXCHANGE
Location of Exchange, National Life Building, Chicago, Ill.
The Illinois Indemnity Exchange is an inter-insurers asso-
ciation transacting an employers' and public liability business.
It accepts risks from employers who are under the Compensa-
tion law and also those outside of the Compensation law.
This exchange was formerly connected with the Kansas Em-
ployers Inter-Insurers Exchange of Kansas City, Missouri, but
separated from that exchange on August 1st, 1913, and became
a distinct and separate institution.
Mr. Adrian F. Sherman is attorney-in-fact both for the Illi-
nois Indemnity Exchange of Chicago, Illinois, and for the Kansas
Employers Inter-Insurers Exchange of Kansas City, Missouri.
The boards of trustees are different.
The members of the board of trustees of the Illinois Indem-
nity Exchange are twelve in number and their names are as
follows:
Mr. A. -T. Barnes, Rockford, Illinois.
Mr. Thomas Clements, Chicago, Illinois.
Mr. B. L. Sommer, Peroria, Illinois.
Mr. C. NI. Eddy, Chicago, Illinois.
Mr. T. F. Philippi, East St. Louis, Ill.
Mr. A. W. Witherill, Chicago, Illinois.
Mr. W. B. Brinton, Dixon, Illinois.
Mr. Robert L. Benson, Chicago, Illinois.
Mr. E. S. Frazier, Aurora, Illinois.
Mr. TL. Weinberg, Galesburg, Illinois.
Mr. TL. S. Maremont, Chicago, Illinois.
Mr. A. E. Huckins, Champaign, Illinois.
Mr. Robert L. Benson is the countersigning trustee who signs
all checks for expenditures out of the money belonging to the
subscribers. Mr. Benson and Mr. Sherman are both'bonded in
surety companies for the amount of $50,000 running to-the sub-
scribers. The bond for the attorney-in-fact is- furnished by
the Chicago Bonding & Surety Company, and the bond for Mr.
Benson by the Illinois Surety Company. The. amount of this
bond is prescribed by the board of trustees.