, 1870-03-05

ghh vuuM ps the mezsis oi; nEocq1taE additional
frTut1noe through rhs pon ofIr Thls of1oAr Has
S1r Sppeis.sT % insoi1eni Hars iaao threefoaftua q
10 naks q .asse oomgau.e. ..., 1ete : .ris.
nnms ,aum s1T ut,ees vera leca,ed. Prrsons IL
1aad M pisces in tuts and tue ne'ghbortn9 ssates,
Vere slotniztd By shs6Nd a2en ., Who dhplRyed
nte show cards sid offered IoM rates Of ln,p1-
apce. MspJ, deceived By een-printea policies
"a rs sna .sa s1 70
tncir premium rotc1. Tnep'an Of irsataace ~M
10 eive such uates for ten per cen!uu OF more OF
and 10 pef cenum Of the premium nose wers paid
understand that iney woud oot be called upon
notes IN tbe1E poss.ss On, however, rno DIRECTORS
would commence to make large and frequent A.
sessnenis upon .neu; occta!otaly ans1l louea
fict woufd DO pobtl- he'd for the purpose OF pro
cur1rg additional nusnees, o7: the general
M r;s s1 70 rem ns "a ts 81
co11ts, Whtte many Of such csses now
5leen- As aeon "a IT waa knoHa That law hal
estn Pared T.1R ~ I aai1. g 01 1as
o:mpanlee, the oinctss-and agents or dishonest
mutual companies n ade afeat nate 10 e1.ott tue
noft SS fra WfecIt aad ,hrea:euins letters atd Or
dsls were sent IN tnn m3ster Of paIlnX up asseas.
meLts n2do upon pre- enlum no. e., AID pton;se3
WtIE
tuned and the makers relieved from Ill farsDeT
ltabtN J, II they would but pa7 doNn 81 once =
81 al cash ptr cent. Many toot Advantage OF th!s
d'shouest sud illegal nsshod to recover ,he ao:es
theJ had assRp. Once furniture VAS sold aud
moftxaaed, money Eas borrowed for the c1upA-
rIet, Judgments were confessed for q eoasidara.
ttop and even premium noe1 were sol1 10 third
psltlcs for small considerations II one case au
cdlcer Of COMPANY seized lis oooks vhtle anothet
t1ok It's Dotes and departed from the s:a'e. Il
agents OF fno4e companies to kuoH thas
tbtlf fraudulent tKansscttons would De made pan.
| Lie 80 soon- In oEe case tn2t caue under nj oo.
olsDk policies Of h:s lrsoivent com7ao1. ra'ca
! had beeu sigred and sealed BY Prealdens aad
Secretary, who nsd lopR been ont Of otlce, ald
pa-ked thtn shout fhe c'ty Of 81, Loa!s. n!llng
them up when he could and pocke'ing ths cslo 70
| leceised. BET eve tue ouJ excise offered ftr
this extraordinary fraud, and procuring OF uo1ey
owed him DoLey. and toia was the only way he
corld ger It. How Eany OF such transaclto q
have occurred It will be Impossible 10 tell Nearly
| direction. were foand to he insolyc3I. tho 'Eh
Nhen the Eew i sqrAlce laws Heru enacted tney
Nele dong au that Nas p0siple 10 e1tsud taeit
| busiress- hare mentioned few OF the many It,
c'dents that haya conc 10 the notice Of tn1s de-
| phE1mett couctfptuH tbe coEdoct ot d.6hoce {
companies Only enough ha1 heeu said 70 point
out the nec6ssy OF the acton Of the Stato to pra
tecr lis cltiztts from tuca fzaudolent tIausac'o
| Por fear tnsr ny remarks concerning mutual nte
lrsnrance companies mar be mi*as sdetstood, an
coDD IalEed here to remark that some OF this c2Ass
| He auop9 oQr nozt totvt1t and reliable tnsur-
aIce companies. Below IS gtveu 5Ttet e'ateneat
nt aesion taken in The Circuit Couts Of St Louis
| equity IN all cases IN rhch examinations ware
had, and reports made against tha aolyency OF IT,
| hpIauee companies. =
The anairs Of others are Jes to be examined a9d
paniea arc 1ast beng .eeded ouh ana II Is 70 be
hoped that 5000 II ull be only uecas sarJ 10 kno
| th&t N Insurance COMPANY dnea hua1net* Ia this
State, 10 know that Is u worthy Of puolt cooo-
| Qe1cc.