Motion Picture Theater Management (1927)

228 MOTION PICTURE THEATER MANAGEMENT his assumption of that position. In this way, if a floor captain must be assigned as cashier in an emergency, it is unnecessary to inform the bonding company. Fidelity Bonds not only offer protection against losses due to dishonesty, but also frequently discourage persons of dishonest tendencies from applying for bonded positions. Further, the knowledge that a man is bonded may deter him from dishonesty for he realizes that he has to deal with a bonding company which will pursue him relentlessly in case of default. The positions to be protected in this way must be determined by the management, but it is a good practice to bond all employees who occupy posts of trust. This cannot be considered a reflection against any employee, since the bonding of employees is a common practice in every modern business enterprise. TORNADO AND FLOOD Tornado Insurance, referred to as "Windstorm," covers damage caused by this force of nature. The type of insurance is similar to that against fire, and carries certain restrictions against claims for hail, rain, sleet, etc. In the tornado belt of America, this form of insurance is desirable, but as a general practice it is of doubtful value. Flood Insurance fits into the same category. FINE ARTS Fine Arts Insurance is essential where art objects of value, such as rare paintings, tapestries, bronzes, and statuary are part of the equipment of the theater. This type of policy covers practically every form of risk, including fire, theft, transportation, breakage, etc., and is a desirable form of protection when valuable art objects are not easily replaced. COMPENSATION Workmen's Compensation Insurance. Most states in America now have a compulsory workmen's compensation act, which requires every employer of labor to provide his employees with insurance against loss of earnings and to provide death benefits and medical expenses because of injuries caused