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Warehouse Receipt and
Fire Insurance Policy

-both in one document

Perfecting the feature of Immediate Automatic Insurance which it originated in 1919, INDEPENDENT WAREHOUSES, Inc. has put into operation a plan under which the warehouse receipt is, at one and the same time, the fire insurance policy.

The INSURED WAREHOUSE RECEIPT contains a clause, printed on its face, certifying that the commodities are insured for a specific sum, based on the value declared by the customer.

Details of this new and exclusive service given on request. IMMEDIATE AUTOMATIC Insurance. We effect (if desired) immediate automatic insurance of merchandise, at attractive rates, without inconvenience to the owner.

The Company is now operating thirteen modern, fireproof warehouses (bonded and free) in the Metropolitan District, convenient to railroad terminals, and within free lighterage limits of New York Harbor, as follows:

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*Specially adapted to the storage of silks and other valuable textiles.

Commodity LOANS. Through our affiliated company, Warehouse Finance Corporation, we are prepared to meet fully the financial requirements of our customers.

INDEPENDENT WAREHOUSES, INC.

415-427 Greenwich Street New York

Inaugurated by GUARANTY TRUST COMPANY OF NEW YORK
and LIBERTY NATIONAL BANK OF NEW YORK

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