Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-05-12
The KnIekerbOcker Life Insurance
Company.


Among our dispatches some days 400
was one derogstory to the intsrest of the
Raicker6Ocker Life Insurance Co., az weIl
as hurtful to its many policy holders
throughout the South
The New York Tribune C2adicaD took
upon itself the trouble to made a few un-
Just comments upon the officers of this
Company, and the object which prompted
the comments is manifest to every one
who will give the subject a moments
thought, viz: TO prejudice the people
against a Company Ichieh RGS done, and
Is stiU doing a Uery large Southern 5lLsS-
ness, the Tribune knowing that this large
business is attributable to the Company's
liberal and satisfactory adjustment of tho
claims of its Southern policy holders who
were unable to pay their premiums during
the late war.
Below we give an article clipped from
the New York Globe, May 3, III, and. as
this Company is one of our leading life
corporations, we call especial attention of
our readers to is careful perusaI:
The affairs of the Knickerbockar Life
Insurance Company have been publicly
and very freely discussed within a week
past by several Of our leading newspapers.
and, We are sorry to say, the officers of
that company have been the subjects of
severe and unmerited criticism The Tn
bune first published an ec pdrte statement
of facts, gathered from disaffected policy
holders of the Knickerbesker Company,
which charged the officers Of the company
with acts of a most reprehensible nature.
The Tribune has blown hot and cold over
the matter with eager beginnings, but
negligent ending" hoping doubtless, to
get up a sensational correspondence be-
tween the contendirg parties, which would
furnish the ethical editor of the Tribune
excellent subject matter for a column or
two Of ''happily made moral comments"
The charges made against the company
were malicious in character and unfounded
in truth; and failed to produce the desired
effect.
1t Is perfectly obvious to Us that the DO.
sition assumed by the German policy-hold-
ers Is an untenable one, and that they win
have TO abandon it They have allowed
their policies to lapse by a non-payment of
premiums, and by so doing have given the
company its option to reassune or decline
the risks. The policy holders cannot ex-
pect to bind the company to a rigid fulfill
ment of the obligations it takes upon itself
unless they execute to the letter their part
of the contract.
The course pursued by the Knicker-
booker Company is supported by erstom
and by law, ami it has been Justly observed
that every honest poliey-holder ought to
support the company in their action"
We regard the Knickerbocksr Company Is
one Of the most reliable life corporations
in this country. No company has made
better progress, but few have advanced 80
rapidly to public favor. Its officers are
men eminently well qualified for the posi-
tions they hold, being noted for integrity
and honorable deLlings. Nothing but first
class management could have d0ubled the
business and proportions of this company
twice within the last two years.
A rigid investigation into the ComPa7ys
affairs, which was begun some months ago
by the Superintendent of the Insurance
Department, has resulted in report
which will, undoubtedly, satisfy the pub
lie that the affairs of the knickeFoocker
Company are In highly prosperous con-
dition. The policy holders may rest as
sured that the officers Of this Company
know their duties and, what is quite irn-
portant, know their rights, s.and knowing
dare maintain. i AZ -