New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-03-06
THE INSURANCE INVESTIGATIONS
MIR. PARSONS EXAMINED AGAIN WITH hEfEh-
ENCE TO PERCENTAGES.

MR.. PARSONS EXAMINED AGAIN WITH REFER
ENCE TO PERCENTAGE
The witnesses examined yesterday before the
Assembly Committee on Insurance were notewor'ny'
not so much for what they told, nc ior
what they evidently knew, but did not care
to tell This particularly true Oh mr' fa,'one'
OF Weed, Parsons Co., the percentage nrm Vi A,pan
whose memory was very defective, put 'rop' WYNN
sharp examination elected that whiie nc pro'o
to know nothing OF Mr. southwick, he was aet'niy ~
communication with him. through third person ihe
first witness sOhn r. Hegeman, identined the IoiO"ne
anonymous note, written by himself to MI snerinan'
agent Of the Metropolitan Life Insurance company
Nrw,YorEv; +! Ap Mi 81; iS S,a,e.
seuaves Briggs Can have come 70 in,ss l
with you service A word " The Wise Is seeA~
Tear his up. Yours,
John A. Parsons of Weed, Parsons Co., Albany, ex-
amned for the third time to the claim OF 70 per cent
made by Mr. southwlck all work done ior tue ihsu
rance Department, testified: MI southwck maze eian
for percentages work done previous 10 MlheIs ny
pointInent, but commissions we're pald on suu
there e now 5000 OF unpaid cas mI g. he said
that Miller got 20 per cent, ana nc e ~ yc Maid 95
this was OF the perqusltes OK tDe omCe w p" ~
per cst meT have had no conversation in relation
10 preyious testimony with Thurlow Weed nave ny
seen Mr. Weed sGee s evening at hurOw Weeds
house, called at the house 10 see MI; nteu, n sbe
sick. / have met Mrs Barnes casually In Albany sno
asked. to call on her and see etoer IRON
NAV have spoken Mrs Barnes about tue PAL
~ r' Maid the TO Mr. southwek not all at
one time but specific BILL never paiq nun u i ioss
than the 25 per cent at one time never
more more $4,000 was paid by the Insurance ne 3
never intimated you that paid anything 10 s9u.m
wick or that wished any improper pllls au" ocent
not ware that our firm has been damaged ny Icc1n.
reveati0ns in regard percentages DO ht KNOW WY
IL should be; havo had any financial
wifi MIR Southwck except these insurance Iatels
frequently consulted with him, considering nun and
good Judgment had great enc W
hut have received reply from him nave heaIu a.
directly from him by letter to another per tn letter.
Ia my letter to him advised him TO appear ana eAP
the matter have received no F Fe5y SO Khe chicago
INV letter to him about the time IeF"lnsef re'
S Mr. robv-I never talked with Mr. Miller about Mr.
southwick; the pc centages were calculated on "orK
done after Mr. Miller came into oiee, oorhoc,er lie
| Insurance Company, recalled TO testify as 10 the
$500 said TO have been paid by his Company IN ana Oh
ne Miller Life Bill The substance Of his testimony was
that $500 paid about the speGhed tlnI oy M;
Ihese services were the witness did not know and de-
ciued to say what he thought on the SUBJECT ~ Was
evident that the witness knew much more IMAM nc pro-
Charles f. Pease secretary Of the United states LIE
Company did not know OF check for $500 being pau
6y lis Company to aid legislation, but recoeced sign
ing check 81 about that time payable 10 the Or
der of Charles f. BILL Chairman Of the Finance Commit
tee which was charged on books to illegal expenses"
Cen Samuel +. Merwn, Receiver of the Home ERE
| Insurance Company of New-Haven, produced iran
script from the books of the Company, showing pay.
ment OF 5000 June IA, 1870 TO sewe teaiee, IVa
retainer and services" This the check testified 10
| by Mr. Wilson, the late VcePresdent as paid TO Il. .
scranton 4 Co., for unknown purposes ihs was tne
only stub on the chccbOOk far as Mr. Merwln Knew
ON which the purpose for which 1t was paid was not
! snecied In crosse xaminatiOn, Gen. Merwin stared
tat lie was elected Director and VicePresdent OF the
Company July 1870, at the time the capital STOCK was
reduced and went into the Company believing It's con-
dtOn 10 be very different from what he sfterward ascer-
tanned. 1t not until December that he became en
tirely convinced of the rottenness Of the Company
Fro1 what he knew of the affairs he thought the Com
pany might possibly pay 10 cents Oh inc uoh"i' Au
iourned 10 l0s a. III. to-day.