, 1873-01-05
WILL NEVER END.
Another Days Work on the State
Insurance Halter.
Examination Of Witnesses.-Squabbles Be-
tsrcen Attorneys.-Attachments
Issued.

ho -"Pese" Gl'1t-@n -nor1laon teatine1 thai he
h apology OF 1000 in tho 6tste Insu1ance Co
- u pany; thought ho Was insured about two 70,
J, ago, some time during November the insurat
q q was on the store No. III East Madison sire
and his loss was total took $500 for tho clai,
u was induced by AIr. Van Inwagcn 10 tako 10 I
=, y cent, md was told that tho Company could n
, pay moro than 10 per cont upon any conditio
n WAS not told Of the amount OF assets Of t
! Company or its liabilitics; this was about two
three months after tho fire; did not notice
!, y whom tho policy was assigned; thought he !
t celyed checS in .pnyment Of policy on Seco,
: National Bank.
Q Mr. Cooper-What was said by Mr. Van I
. wagon in reforepce 10 the sum the Insuren
. Company would be able to pay?
| h1r. Aver objected to this as irrelevant.
, Register Hibbnsd could not $40 how this cou1
DO relevant, but admitted the question.
Witnoss-Van Mwagon told me the Compar
could not pay over 10 per cont, End finally il
duced mo to accept tlat amount.
Mr. Ayor presented proofs Of loss, which wer
identified by the witness.
Mr.. Goudy brought up tho question Of secu1it
for costs, aud requested tho negiste7 to make
certificate to the District Judge to the ence
that m order mny be issued to keep tho par
|
in the proceeds OF the assets. and to make then
Responsible for the cost of these proceedings.
| Air. Sidney Smith, as counsel for Mr. Perkins
presented to the Court his position in reference
to incurring expense in taking reference to these
claiu,s.
A1r. Goudy wanted Mr. Cooper to tell the
names ct tho parties he represented in these
proceedings.
III. Cooper replied that he would disclose
them when the proper time had arrived.
Tho Register thought those names should be
J disclosed.
Mr. Cooper said that Gouly could not compel
him to disclose the names Of his clients.
After lengthy dispute, in which the Regis
ter, MIR. Cooper, Ir. Smith, Mr. Van Arman, AEr.
| Aver, and Ar. Cloudy participated, Mr.: Cooper
ngreea to file bond for costs Of proceedings, in
! compliance with Mr.. Goudy's request
! Mr. " II. Swift, who had been previously ex-
arnined, Was recalled, and testified TINT he had
policy OF B. II. Ford in tho bank as security,
which he transferred to Messrs. shnfeidt 4;
Ball, who put it into tho hands OF the State In
Burauce Company; thought the 6tate Insurance
Company held it US collateral.
liz, c. II. Taylor testified that he is in the
Taylor d Hurlbut; transferred 8 policy Of
$4,000 belonging to tho firm to Shufeldt
S Bail. DID not know what was said
when the policy was transferred: ho received
the sum Of 5000 for it ;'had interviews with J.
D. Smith, g. q. Smith, and g. II. Smith in ref
erenco to this claim.
'Mr.E. W Morrison testified that ho is deal
er IN real estate; he had q policy Of $1,000
against tho Company; WAS told by Van Inwagen
that tho Company would not be nbIe to pay
more than 10 per cent.
Charles McNIasters testified that he is' in tho
commission business q. No. 1G9 West Washing
ton street; had an open policy on the State In-
surance Company; sustained loss Of S3,1H;
Office; sold his claim to State Insurance
Company on the representations of Mr. Parks,
tho Cashier Of the National Loan md
Trust Company was told that tho Company
Marine Company 5000. which amount, he was
told, would be cancelled it ne madeHuch trans-
fer; Ur: VanInwagen told him this; was referred
to Mr. VnnInwasen by Mr.. PARKS. His 1oss
tors orr Kept bis bank account WITH tho National
Loan Rnd TruRt Company; thought alr. Parks
WAS acting the part Of friend towards him; be
WAS aware that the State Insurance Company
vas interested in the National Loan and Trust
Company, because Alr. George C. Smith OF the
National Loan aud Trust Company was also an
officer in the State Insurance Company.
On motion Of Mr., Cooper, it was admitted US
evidence that Chhs n. Smith, Vice President of
the sate Go%g 9 j. the
II ,206, amounting to S13, 900.
Mr. Cooper desired to put in evidence the |
books Of the State insurance Company, which |
wcrc in tho hands OF the Assignee.
jected to hnve all the books put in evidence. |
Alr. Cooper said he wanted to introduce the ]
cash-book, ledger, journal, and the record Of
Directors meetings. >. t
The Register did not think that would be eyi-
dence-
Mr. Cooper said the pass-book did not agree
with the accounts on the books Of the bank.
hlr. Cloudy objected to the introduction Of the
books.
Tho Register said the books we're accessible to
them. he could let the books be brought in
rs evidence.
Norman c. Perkins, the Assignee Of tho State
Insurance Company, testified that he had poll
cy Of 81 900 in the Company; his loss was totnl;
The policy was burned furnished proof Of loss,
and delivered it to ). 8. Smith, TO whom hc had
assigned lis policy; received 9100 therefor
This was on the 3d day OF November, 1871; wn4
not told nor did he know what policies Of tho
Company we're worth; knew nothing about tho
condition Of tho Company; thought they were
badly bankr upt; has received no money from
Tho Company or OF any OF it's officers since the
3157 900 wero paid did not wiah to revoke the
assignment OF his policy:
The Register announced that attachments had
been issued against the following parties, to
compel their attendance before him next Mon
lay morning: Henry ". King, Charles Proebst- |
ng,- F.. Hemstcd, D. ". 4 L. Keith, and
The Court then adjourned until Monday morn
ng at 10 o'clock.