Show BUILDING CONDEMNED 1 I I Old Smith Corner Structures r 1 1 1 Must Be feemovec 9 d t I ARBITRATORS HAVE SAID SO MR WAklvER HAS HfOT DECIDED UPON HIS FUTURE COURSE COURSEI He Will Frolmlrtr Put Up B Rand sonic One Story Brlclr Stone andIron and-Iron Claaljy Ioas Being Investigated Investi-gated By the Insurance Managers Big Cottonwood Power Company ttud the Pioneer Electric Company By a very close vote the members of j the board of arbitration appointed to pass upon the differences between M I H Walker the owner of the structures i struc-tures on the northeast corner of Main and Second South streets and the building inspector yesterday decided that the condemnation proceedings of the inspector should stand and that the buildings recently damaged by fire should be removed at once After a thorough inspection of the premises a vote was taken on the damage sustained sus-tained by the structures in the fire for the purpose of determining the decision de-cision of the board 50 per cent damage being sufficient under the ordinances of the city to eonfirm the condemnation of the Inspector One of the members held that but 2 5 per cent of damage had been sustained by the buildings the second placed it at 51 per cent and the third at 65 per cent This gave the inspector two points In his favor and affirmed his action Mr Walker has not yet decided what will be his course regarding the removal re-moval of the buildings and the erection of a block to take their place but it is more than likely that he will put up a substantial onestory brick stone and iron business bloclc with probably a foundation capable of carrying five or six stories more when the tim arrives ar-rives In the event of Ulr Walkers deciding upon the latter plan the Main street side of the structures will be adorned with a handsome front There are several propositions now under consideration by the owner of the damaged buildings One of them is togo to-go ahead and make the repairs on the buildings regardless of the condemnation i condemna-tion by the building inspector allowing the matter to be fought out in court It Is hardly probable that the latter course will be adopted but the indications indica-tions point to the early removal of the damaged and condemned buildings from the corner and the occupancy of the site thus cleared by a firstclass I business structure Mr Walker will give his decision within the next day or I two and until then it would be idle guess work to prognosticate as to what will be the result In the Managers Hands S Now that all negotiations regarding the settlement of the Clasby fire loss have been declared off as far as the adjusters are concerned the matter has gone direct to the general managers man-agers of the companies which were in the loss and upon their decision will depend the peaceful outcome of the matter All of the data of the case is now before the powers that be at San Francisco and it is anticipated that within the next four or five days an official answer will be received from the west Should that answer be in support of the adjusters then Mr Clasby will be forced to take the matter mat-ter before the courts for adjustment It is highly probable however that I the insurance companies will make a direct proposition of settlement and Mr Clasby will accept Ii They Settled Jn Full Some time ago suit was brought by one of the former policy holders of the Home and Phoenix Insurance companies compan-ies in Justice Lochries court against the companies named and their resident resi-dent special agent for the purpose of testing the short rate methods used by Mr Sinclair In figuring return premiums pre-miums While the amount Involved was small yet there was a principle of vital importance at stake and a great deal of interest was taken in the case by the local insurance agencies It was anticipated that a good fight would be made by both sides but the Home and Phoenix saved all trouble by conceding the points made by the plaintiff In his complaint and paying the full amount sued for and costs This wag a virtual admission that the ihree months short rate clause under which air Sinclair figured his return premiums was not In keeping with the customs on the Pacific coast where the onemonth clause is In effect ThvecFonrihs Loss Glnnse Governor McConnell of Idaho has officially declared that the three fourths loss clause now being enforced in Idaho by the insurance companies doing business In that state is perfectly valid and ont of the few protections possessed by the companies against dishonest property owners His excellency excel-lency has just refused his signature to the bill recently passed by the legislature legis-lature of that state requiring companies compan-ies to pay the full losses sustained by fire This clause was put Into effect throughout the north and northwest last summer and in certain localities is an absolute necessity |