The vaudeville theatre, building, operation, management (1918)

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In many cities these are all covered by local building regulations and ordinances; in other cities the requirements are not so rigid. In the writer's opinion, it is advisable that at the time plans are submitted to the local municipal officials for approval in connection with issuance of building permit, a duplicate set should be submitted to an insurance authority for criti- cism and advice. A reduction of a few cents per hundred dol- lars for insurance in effect over a period of years, will more than pay for the slight addi- tional cost of building right and safely in the first place. And remember this: while the cost of the insurance is thus being lowered, the haz- ard is likewise being reduced, and the likelihood of disaster of any sort is being brought to a minimum. Too much stress cannot be laid upon the im- portance of READING POLICIES carcfully and thor- oughly. It is too often assumed that the policy covers this and that without actual knowledge of just what its provision and coverages are. An insiu'ance policy is like any other commercial contract in that certain duties and acts are to be performed by both parties. It should be seen to that, as the insured party, the owner has a thor- ough understanding of just what his duties under 286