, 1870-05-25

York.
We invite the attention OF the policy holders IN
the Mutual Life Insurance Company, Of New
Tozk, to the following correspondence It Is well
known that the action OF the New York Leg.sla-
tive Committee, Inst winter, disturbed the conf
correspondence mny be OF interest 10 such The re-
sult Of sait Investigation establishes the fact OF the
rnIuthfuluess OF the charges. We are informed
and believe, that there are parties ~ this clIo who
have been inquired IN this company for twenty-five
years, whose policies, II they should become 9
claim this year, would net the Insured from to >
dowment policies which hare masuEed and been
caa a gS ore the than Ter eeEf eenf
Encll results as these are attained, twlHb be d!ncut
for ambitious or designing men to persuade the
public hat tae Affairs o. ne a 1nse M s 1een e
nlnlstration would be safe OF desirable.
1t is not strange that m enterprise which has at
fang aSe9 xast o 81 a
grand, should be IN object OF intrigue b5 envious
men. .-...
mend to the confidence and patronage OF DIS
senng pn tns hs m I'M a
eminently secure and profitable.
TEE CORRESPONDENCE.
BOSTON, May 1c, 1870.
DEAR SIR: Learning that you were appointed
inntton Into the af1airs Of tue tNutual Life In
pardeuiaT,y 70 aeertan charges preferfet by | Son
and others against the officers Of the company"
and TINT you have now completed your fnvesttEa-
ton and aIe ready to make your. report, we. as
policy holders In the company, Of this city, re-
specially request you to meet US 1u1 others inter
e.ted in this matter a. the rooms OF the Boarl OF
Trade, Thursday afternoon, at o'clock, that such
ac.Ion may be taken by 1s as the OCCASION may
seem 10 require. Tonr ohedient servants,
Geo. D. Baldwin, Edward ". k1nsle5,
E feS 6 2 Po1seT WSe AsafKZ 9sa Z Y ErfslsRa r5snsl
Chas. d. shaplesn, 3. F. Rollins,
5snez Gs1Hs WEI; ". Hayward, Amery i Leland n'
a. B. Butter1eld, T. A. Foster,
Alden Spcarp, Jno. s. Shepard,
Samuel Mnnsur, William Hilton,
W. F. Poole, Frank Snow,
John IL Poole Natal G. Chapln,
Augustus Townc, Geo. j. Fisher,
Barney s. SNOW, L. a. WRIGHT
NEW YoRk, May II, 1870.
GESTLENEE. Will che erlu1y comply with your
i''s1'''' '''A AD w. - j. u. Mccu1Lou.
BOSTON, Masz., Nav IS, 1870
To George r. Yll<y, Insurance Superintendent a
j. W. McCulloh represents that be was appolnt-
ed by tue Legislature Of New York TO examine the
aa o. t1e 4 @n naf IL ~ h,4 ac chayres ~
against the officers Of that company, all Of which
have been sustained by you Is this true Have
the cf1cers, or any OF them, committed any wrong
OF bfrach Of trust 2 What ls tho resnit of your
exnmfnc ton7 A public meeting q policy -No!tel5
is called to meet here Thursday, I'll hich McCulloh
proposes to address, In your opinion, after the
investigation ron have made, IS there anything N
the conduct Of the on1cers OF the company which
shouldfolfeit the confidence OF the pole cy-nodtrs
ia th,Na Answer BY telegram, and also by To-
days mali GE0BGE T. RICHARDSON.
........... new YoRk, May 1s, 1870
George c. Richardson, Esq, Boston. Haas:
not appointed by the Legislature Of this State 70
examine the anaIrB Of the Mutual Life Insurance
Company OF New York. He was allowed BY thc
Investigating Committee OF the Assembly TO A.
tend, and With my consent and the consent OF inc
company, he did attend and participate ID an eS-
animation which have been making. All charges
made bs Mr. McCulloh or others were fully inycs~
tigatcd. The examination has been thorough.
The charges Of breach Of trust aud misma1agc-
1ueut have not, in ny opinion, been established.
Nothing has been shown which should forfeit or
i1una.r the confidence Of the policy holders or pub
tic in the company or its management Ny exam
jnHtion las satisfied me that the company has been
managed with peculiar ability and integrity, and
that is condition Is eninently sound shall pub
,sl1 nm od!cial report soon. GEO ". MILLER,
Snrerintendent Of the Insurance Department Of
the State Of New York.