The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1870-05-10
THE INSURED DEMAND AN IN
VESTIG
Work for tho Investigating
Com mnlittce.

/ DlSlN IERES TED PERSONS, on III
following points and the result Of tha
Investigation published:
What is the aggregate amount of al
the assessments for three years past?
How many assessments have beef
made in three years?
What was the aggregate amount o
each?
What amount Of each was collected
Have some Of the insured been re
quired to pay all the assessments, ant
have Others thus far escaped payment o
part or all of them?
If any have escaped, why? and wht
are they?
Give detailed statement of the dis
bursements these three years.
What amount of money was in thu
Treasury at the beginning of these thre'
years?
| What amount of money was paid tc
each officer of the Company during eacl
year?
Give the name of each officer an(
ageut to whom money was paid, to2eth
er with the date and amount.
What system was practiced in paying
officers and agents
Did the bills presented by the officer:
and agents, show the kind and amount
of services rendered.
What system is used in auditing the
receipts and disbursements of the Com
pany
Is it the uniform custom to pay into
the treasury all moneys collected?
Has the Secretary been promptly fur
nished with receipts for all moneys paid
into the treasury?
Has any officer or agent of the Com
pany retained and used money that
should have been paid over to the officer
authorized to account for it?
Has any officer or employe of the
Company been in the habit of receiving
and paying out money instead of paving
it over to the treasurer?
Has some of the Company's money
been paid out not on proper orders
Has the financial business of the Com
pany been Systematically or loosely man.
aged?
To whom does the General Agent pay
the money that comes into his hands
To the Secretary or Treasurer?
II to the Treasurer, how can, or does
the Secretary keep his books?
Has the Agent paid bills without au
thority from the Directors
Has any officer or einploye of the
Company, within the past three years,
presented bill or bills in excess oi
what was due2
If SO, what disposition was made Of il
or them?
Have the accounts presented by Off
GERS or agents shown the amount due
together with day and date2
Why was the pay of the officers in
creased from SO to s. per day?
What right have the Directors to allow
themselves l2i cents mileage?
How much money has been paid tc
Directors, officers and agents of tht
Company for mileage during the las
two years?
Give the names Of Directors, officers
and agents of the Company ane. ths
amounts received by them for mileage,
Have complete and satisfactory report.
been made by the Secretary and Treasu
rer for the year ending May 3, 1870?
Ii not, why not?
What amount is due from the Compa
ny to those persons who have lost thei
property by fire?
What have been the yearly expenses
of the Company during the past TIVE
years?
There are many other questions sug
gested by public rumors which the goot
name of the Company requires should
be satisfactorily answered. Many o
them are doubtless idle and groundless
while others are apparently not withou
foundation.
Among other things it isreported tha
the amount of premium notes fell of
$4,000 or $4,000 in the last two
months of 1859 and the first two months
of 1870. If this be true it calls for al
investigation.
The property and business of tn
Company does not belong to its EN-
ployes, its agents or even its Directors
but to all its members. Every man in
surcd in it has right to know how it
business is conducted, ,and what becomes
of the money it collects.
Let the Directors at their next meet
ing, appoint three persons not connected
with the Company, as members or 9th
erwise, and give them the Secretary S
Treasurer's and Agents books and all
thority to summons whom they pleas
to examine. BY SO doing, report ca
be obtained that will throw light on til
manner in which the business Of th
Company has been managed.
Arcport from the Secretary or. othe
officer or cmployc of the Company wi
not answer. Three names Of disinteI
ested persons will be furnished the hi
rectors the moment they are called fol
Mruprp or THE CoMpANY