18      It REPORT OF THI COMMISSIONER O1F INSURANCE.


EMERGENC Y FUND
The amount of the subscriber's deposit and his accumulated
savings to an equal amount constitute an emergency fund
which may be used in ease of excess losses.
NUMBER OF SUBSCRIBERS
There are two hundred and ninety-two subscribers in this
exchange, subdivided according to classes as follows:
74 on the $2000 basis,
12 " 27 r $1500  "
50 " " $1000 "
156 "   "   $500
These subscribers had, on the 30ith day of June, 1913, as-
sumed liabilities to the amount of $43,620,550. The premiums
in force amounted to $304,944.80.
BONDS OF ATTORNEYS
Both the attorney-in-fact and the! deputy attorney are bonded
to the amount of $10,000 each for the faithful performance of
their duties.
ADVISORY COMMITTEE
The advisory committee is composed of the following repre-
sentatives of firms:
Wm. 1'. Evans of Mills & Gibbs, New York City,
Frank R. Chambers of Rogers Peet Company, New York City,
George IT. Sargent of Sargent & Company, New York City,
Johfn C. Eames of the II. P. (Claflinr Company, New York
City,
Thomas Al. McCarty of Austin, Nicholsi & Company, New
York City,
S. P. Fenn of the Sherwin-Williams Company, Cleveland,
W. D. Williams of Jordan Marsh Company, Boston.