The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-08-01

forlorn and smpWrec1ed brother
Seeing, may take heart again.
Thus striving thus toillng, we shall not find,
at it's close, that our hie has been a fallue.
Almena, July Goth, 1878. NJ. NJ.
IA Gard from mr.. Shei,Dard NomGms.o
To the Editor of the Sun.
The July number of the Spectator month
ly paper devoted to insurance, contains an ac-
count OF an ''interviow" between It's editor and
Frederick s. Winston, President OF the Mutual
Life Insurance Company Of New York, from
which tue following is an extract:
Editor-What were the causes OF Mr. (Ac-
tuary( Homans' retirement from the Mutual
Life ?"
"Y;1g.cr--In brief, unsaithrUlce5s. ,acor-
potency, obstinacy, impracticabllity, and insub-
orduetion in nv opinion, we're the reasons
why the Board rid themselves OF him"
am by profession a life insurance actuary,
and depend in a measure for my support
upon the results of my labors as such. am
also bound to protect my character from defa-
nation. cannot therefore let the statement
above quoted remain unnoticed. Had Mr..
Winston gwen to has interviewer the facts in
stead OF his opinions, and allowed the public to
form their conclusions. no notice Of the matter
on my part would be necessary.
In November. 1869, | was the Auditor OF tho
Mutual Life Company, and Mr.. Winston the
President. lie brought to me for audit the
official quarterly statement OF receipts and
payments, prepared under his direction by the
boolkeeper, IN such manner that upon investi-
CATION / detected the fact that certain items
had been improperly withheld IN the final pay
ments OF death claims to the representatives
OF deceased policy holders, the books of tie
company having beon already prepared under
his order, with view to deprive such parties
OF SAID amounts SO due them. 70 audit this
statement by certifying the same IN the usual
manner to be correct would have been justify
ing HIM, and involving mvsslf as an accomplice
in the perpetration OF an act of dishonesty 10
the policy holders, aud direct violation Of IL o
charter OF the company. / therefore declined
auditing the statement beyond certifying that
the same twas IN accordance witU the entries
on the books Of the company" ThIs certificate
he passionately an violently erased, with the
threat that If cid not auiit the statement IN
the usual manner he would ind somebody else
for actuary who would.
That in this matter vas unfa,thful to
Mr.. Winston in his scheme for dciraudrng the
benefciarles under certain policies OF the COM
pahy ] admit but unfaithful to the company
never. That to Mr.. Winston l was in tts mat
ter impracticabe, insubordinate, and Obstinate,
is certainly true.
Upon this occurrence It of course became
necessary that / should be got rid Of; but Mr.
Winston does little justice to his pos,tioa IN the
company by stating that the trustees determined
to get rid Of me. IL Tie trustees had coao to
such determination it would have been prac-
tcally of but little moment, udles5 Mr. Winston
so wied it. l was got nd OF by Nlr. Winston
Ever since he ousted Mr.. Collins 2rom the
Presidency by the secret collection OF proxies,
Mr. Winston has held absolute control OF the
company by keeping in his possession proxies
of such policy holders as. having given them
originally upon the solicitation OF his agents,
have been too Indifferent or too indolent 20
cancel them. Each of his trustees holds his
place by the appointment or liberation OF Mr.
Winston, and from time TO time the most re-
spectacle merchants who have been members
- obstinacy, impracticabiliiy. and insubordina-
tioD," amounting to "unfaithfulness" to Mr..
Winston, in regard to such schemes and prac-
tees Of his as he may not have been able to
conceal from the knowledge OF the trustees.
His Charge OF incompetercy, in that was
accountable for the fe u blunder in the dis-
tribution of surplus "a 1870, and that said
bx-o alra NJ
is simply untrue. 1t was occasioned by the
direct interference Of Mr.. Winston, in opposi-
ton to the decision Of the distinguished refer
ees, which had been approved, adopted ano
ordered carried out by the Board OF trustees,
and he is responsible for the blunder, as ne wen
knows. Mr.. Winston never would have maze
this charge against me except under the excite-
ment Of feeling growing out Of circumstance
beyond my CONTROL viz, that lately gave tes-
tmony (under the compulsory process OF SUD
pena) before the Assembly Committee during
an investigation which resulted in his conWc-
ton Of malfeasapce in Office, OF the tnwaIrant-
cd use Of trust funds, aud OF fraudulent at
tempts at concealment of his conduct by raise
and altered entries in the books of the company.
SHEPPARD lloAfANs.
251 Broadway, New York, July 10, 1878.
xo,icc 's'o Hear GIRiINs-In Pro-
bate Cont. Van Buren, County Estate OF
James Lowry, deceased. Notice Is hereby
given. that said Probate Court will receive, ex-
anime and adjust all claims and demands of
creditors against the Estate OF said deceased,
and Monday, June 80, and Monday, July Fl, are
hereby assigned for hearing said claims. and
six months from the date hereof arc allowed
creditors in which to present their claims.
Dated Paw Paw, June 16, 1878. 95it6*
GEO. w. LAWTON, Judge Of Probate.