, 1870-02-14
TIE INSURANCE TNVK8TlGA-
TON.
A0eSabE o1 0fftcer1 OF Insurance mad
trust EcnpAule-Thc Legislative
Com m1ttee AAked to SIT VIII Open
Doos*-ApPotntln4 OF an ExccukiHo
Committee to Look Alter tho Pro-

0oos*-ApPointln1 Of An Esxecukivo
Committee to Look Alter tho Pro-
tcctisn of Insurance gosereats.
Ffen the Mr. JIork Fofl3. PET. IL
a meeting WAs held Jeatetdhy Aitef.ooo. At No
protect the interests Of sae companies ana Of the
- Tie following eonptnea ware Represented:
Ssw fosk LIE william IL Beer. 9ls.oo',o1o.
standssh L'fe-JaneaI- l. Da~cs VICE President,
G. Fnntr. Presidett no ooo; American Topt,ne
s1Gsne!ai II. 7;;: Mai,a Ws@ T. Lso!es, T9e'dsat
Aa,uss Lte"w,:ltam % Ed.1,l. al ' si3s 80; Grest v
Western Life Robert Dsge rrrs,dent. tsoa, 600;
Me11osoran LneJames L. DOG. rfesldaal,
40 oo'o: Wido~s' ard orpears' Benent-ts
H:r u n,1ngF4s; s'sSS S.os.1 ~. <I,n Lis
dtn.. s2ao,tte; Conuoaweal.h Lse-J. P.cs-
p: t s1a's H1!n
; e 1.fe-slat Ten roo: Snrt7 Ame.1ca Lien, D.
Ae1Ran. President. ss,75t coo.
gar, = ho pou.:cated Hngo Weasendo1cx, Es1.,
lTeftceus Gtfnac:a Lie Insa-ncce corpaay, IS
r's so S,
AID osphanb' DeLenl In.urlncc Company. Eaa
The toI % or,f le.ter INN F. 9. w.r..op, En-,
rrrrt's rt Of the Mutual Lie Insurance Compa:y
Of SeN fotk, vas Eeao:
II s1s Chairman n TIE H,>,t"o u U#:rt Of LIE
l"."rance ant 7f'st ComlE1sts, At l.5 Efe1i.
tr0r. .Str ftrk:
that on the PIE eItanon II petition from lite
HE tuxuraace EEd trust c9To.p;ta Of tnts city to
The committee Of the 1esisa Ere s,ts'ak IN this
cisy. member OF the conmitsec stated 10 him
that they would make a reply to the petition and
10 tie Iequs-'a ihs, II conta:ntd IL wsa e1-
reetsd thht me isply ~oni1 navs heen received
pIG ylous to this time, 80 thst tae life inbufacce
and sfnkt companies represented at this meeting
would have hte1 Officially ltformed Of the tuser,.
| tiote Of tne Legislative cohml.tee. TnoaKa
atd It. wou!d appear to ee courteous aud ju,t
toWarts the comustttee o the L-aiaIa'ut. mat
ne should not anticipate their nnaI dectslon ia
| u after Of such magnitude and ,uportAuce TO tho
interests Of lite 1LsuEaLct and The peon.e Of this
stste and coun'ry. Vii! you SLOW me, NTH defer
| encc 10 the better judgment OF the HtetlsS to
suggest that tneif action bn ltm,ed tuntn the c1.
pectt Response he fecelved tzom Albany, 70 the
inltee 70 a,tchsfge rncn 1asses In lne oessli a.
Morgan :, nv %1s51ss So,,s
Insurance Cou txrJ, offered preamble and reso.
lur,ors providing Ier the appointment Of an E1-
ecut.ye corn ttiee Of n.c, to reeve reply, from
| the Il RtsA:iTt Comulttee, to the communication
tent them b. The life lnanFsnce and trust compa.
n1ea- Tue resolu'ions KaEe eald committee po9ez
sevsras gentlemen Objected to the resolution,
az Rtving the Executive Committee 100 much
poKer. and various amendments were pso7osed.
sufance Conpals1 KA.d be should on1ec: tc
Nyirg the committee 70 much power a!
me Re 1e'oos,oos Ia,c implied. Ne'tnes n,nsel
90 much power over to the coEm!itee, aud 1t
did Lot bel:eve that any President Of NJ insusa1ce
,nsn p,s,ens wa' sa,aoszs TO st
| committee might plesse. Let the COMMITTEES b
Instructed TO call 4 meeting when the answer l.
4 Anenb'r fsup?ose they don't send Al ansrcr
that sasls 1ecese Al ars1er. II Is not d'gains.
lesieiaiurt vii ot Be- nonoraole aud jast to*ani
a.. We have no objection to full e1&1u:na' 10:
q The ,nsarssSs pasa<ss Of Sss roFs; rto;,o.'
rs 10 be beard. Aud | tell Jou the Leg
itlature Is 10, uts!J .o 10 any,nlss no
tus tos. xo2as ipsutarce ,ueSes,. ar. ros fS raj
There arc s,u.etd 1nsu.ed lives 1nruosaou. II
pIetstd ut:sfrl1 uroo, treFc Is no p,I:!cal rowe
which could s,aui aaa'hst The influence wnte
! coald re brought to tesls- euea ac'a Either pnl,t
cal party Hould lie delighted to se= M act OF IL
justice at!en pied aRA!n,t The tr.nraEce In:cfei
by tier shtsgoL!s'e. Us Il would AWAKEN sach
: feeling .hroushnnt ii. safe - would oe anre :
roset IT, l sm certain that notntnR vii be coo
that 10 not honorable ARD Ia:s. ...
Member. 1think, ho~eFef that nc ought I
take sotee steps 10 rtos+c. our own interests. +
arpoint I committee merely TO Tccstve letter
avery patzJ st1ar. We are taking the nsst SIC
I Iii. Revs! iun!versal Life 1csurauee Comps
. pl,. We have 60 rcason to tou u ltx n:eatloo
l of the l<euia,nfe; atd 1 see no cause for an
I actioh It iii We htve nothing to proyo that rn
t / comm1t; ee ia black ,mal ing cDmcltsee.
}, M. Ludlow tTonIlae Lie lns0rtuce Coups1y,
Soih Il No.d hns bccn said here about pIackus.
:. | The cou.panfes ;hemselyes have eyesT possth
q interest il mat!pC an in5c.tte alton.
d Nj. Morgan, Etrtatply, Tnose remarks tte1
+, 10 mo enttself out Of p,ice.
Mr. Bradley kblpk rot, II looks uke an nj
tacE On jtle lpspsnnce, MoTs than ihai-it il q
attack on a nfe tnturaEce COMPANY which b,
| been The dIstnteRfattns element in al r11aA Il
us,ted act,on atEorg the New Tort compaatc