New-York tribune., 1871-10-23
CHICAGO.
THE LOCAL, INSURANCE COMPANIES CHARGED
WITH FRAUDULENT PRACTICEs-PRohINEET
CITIZENS IMPLICATED.
rbI TELEGRAPH TO THE TRIBUFRl

THE LOCAL INSURANCE COMPANIES CHARGED
WITH FRAUDULENT PRACTICES-PRohINEFT
CITIZENS IMPLICATED.
TBI TELEGRAPH TO THE TRIBUFRl
CHICAGO, Oct. 22.-The feeling is very
,rone here that the local insurance companies have out
raReously swinded their and the names
Of old and wealthy citizens are mentioned for their
prominent connection with the stupendous frauds
Under cover OF these an enormous business mas
been done, and very largo profits divided on very
small paid IN capital with result now OF losses exceed
ing tenfod their entire Assets Tho record Of the Fire
mems Company is: Capital, 2oo,oooj entire assets'
sooOoo profits divided over q 10000; and losses by
the great fire. g. 100000 This the Oldest and most
trusted of the local companies- Twelve OF nj
teen companies, represented by men VINO arc
still rich, largely from the prons OF similar
fraudulent insurances, excite deep and universal
feeling Of indignation. especially among owners OF
houses who have lost their ALL The prospect that the
common calamity would make Chicago q closely united
community Ia rudely dispeed by the vastness OF this
local insurance grievance. Conflicting real estate inter
ess come TO the 'front.' also and Is at once seen tna
business considerations alone win determine the recon
struction Of the city.
Te churches are largely converted to centers Of relief
work. and every day shows increased success IN ne ao
mnisraton OF the magnificent charity provided by the
sympathy Of the civilized world moro absolute deVo-
ton under sense Of great responsibility, was never
than of the local managers OF the immense
relief demanded by the sufferers from the hre'
GENERAL PRESS DIsPATCH.l
CHICAGO, Saturday, Oct. II, 1871.
An unfortunate tragedy occurred at midnight near the
Chicago University Cottage on Groveave, resulting IN
the almost instant death Of Thomas w. Grosvenor the
City Prosecuting Attorney Mr.. Grosvenor, somewhat
under influence of liquor was challenged by sentry
belonging the First Chicago Volunteers and ordered
to halt The reply 10 this was an OATH The order was
repeated and reply made The third time the sentry
ordered him 70 halt he would shoot The reply was
"shoot and be dd" The sentry fred, and Mr. orosve-
nor FELL The Coroner informed Of the occurrence,
and ordered the OF the sentry His name is Theo
dore n Treat he student In the Chicago University
Sophomore Class, and claims to have acted strictly &C
cording to orders. Col Grosvenor was native OF
Utica, N Y. his age was about thirtyseven. In
1857 he admitted to the Illinois bar and at the begin
ming Of the Joined the 18th Volunteer Cavalry
AZ captain He served during the entire Rebellion with
great honor While in action he was wounded in the
right shoulder and consequently lost the use OF his arm
eners After the war he became the city editor Of The
chicago Evening Post, subsequently resgninE his posi-
mept en aa and cigars He
resigned that position and resumed the practice OF law
s5s sna c6sgoT ssy wes couhG npRGn'eo '''
Mayor Mason has s:usd npPontinS
prayer. The rumor that A. c. Badger private banker,
he will resume he get matters into shape
His books and assets were only recovered from
Bank is unfounded. The receipts from depostors are
lareer than the calls for money, 80 -.
J. n McVicher announces that he will rebuild his
theater style equal to the one destroyed The En-
poyment Society reports that the demand for laborers
supply. The demand for transportation
to leave the city Ia now small -.
Considerable feeling exists In regard 70 the conduct OF
the Repubc Insurance Company In resolving TO pay 70
cents on the dollar and dsband the Company. 1t Is
claimed that the Company has 100000 OF capital
900 paid and the rest In shares The stockholders
pete The refuse TO receive IS per cent,
and litigation Is probable.
ABSTRACTS OF TITLES TO REAL ESTATE SAVED.
Tho Chicago Times of Thursday, after de-
scrbne tho destruction Of the records In the Court
House. and the anxiety caused among business men In
regard to their titles to real estate. says:
There very general relief OF public anxiety at
finding that Messrs. shorta Hoard saved all their
books and papers, and Messrs. Chase Bros q Co. and
Messrs Jones Sellers most Of theirs. We have been
pefeet condition and that they contained their books
though come Of their papers were destroyed In safe
shorfa Hoard rescued their books and papers on sun
day night Of the fire, beginning their work about II
Ssbs SebUsA materials When their building, on the
corner of washington and Carf-sts., was
actually on IRE Among their papers were complete and
perfect transfer copies OF a the apsacs ever maoe Dy
which cover very largo territory and m far as they
20 ARE very much more valuable than the indexes as
setting forth the details ofth uansiers and liens To
nsormaton VII be received with universal JOY that Mr.
Raes had Eept and saved copies Of all the maps and
plats Of Chicago property up 70 the very saturday be
Tor vestins titles and showing he condition Of eli prop
aTtv no that IL can be made available Tor borrowing pu
nosas II only remAins for tho Legislature TO pass q
Comprehensive and wel dgested hw as 70 tns manner