, 1873-08-05
1.-Two to tho samo and other cl,nrgoa which wero.
tho subject Of investigation, by commttoo Of,
tthat body, the, Tr'i1toos' usol tho following

lnnRt1hHt:t -" ~. : e. 'l> -
'fhIIsst tho Company ,,aa boon managed with
dollur Of tho vast sums instructed to It Inns ovor
>beon lost by tlie tptonoHty or iiscompnto1.uy Of
any officer Of tho Company having charge Of tho
snno, result unparalleled, wo believe, In any
Tint tho Company haa boon managed with
hcond,ny, is proven by tho fact thai; no ainlilar
inhtituiioii llaa consumed III worlting oxponHoa
go small a. proportion of its receipts, or Hnvol
for its polioy-holtosa 80 largo returns out Of
.HTl,at tic Company has boou mnnagod with
oiliciecy, in shown by tho fact that lis growth
has M, 9eon without my procodont., and IL {a now
tho lhrgcst !ife ASSURANCE corporation Iii tho
world, as we'll in tho amount hold IN trust by It,
as Ii, tho number Of lis members aid tho amounts
nan'rod ,S to thor families upon thor doath.
by continuing Ito attortlon closely to itu own 1ai-
ncss by rigld)y avoiding all participation III po-
lltica afars and III party strife. and by refrai,l-
Ing from all ATTACKS upon or warfare against
other corporations.
"That, notwithstanding theao facts, tho Com
pany has boau subjected, for tho last SIX yoarB.
to repeated attacks, In Which the integrity, econ.
omy, and efficiency Of it's management, tho moral
character and faithfulness OF itH olcorg and
Trustees, md the candor and tr,lllfunosa Of its
atatnmonts aud reports laavo boen impoacllod
"rlat tho chargca mnde by those asnnllants
have boon repeated in tho samo form from timo
prior to tho year 1870 md that tI,oy found in
them nothing to impnsr thcr confidence In
their officers that, carly in the year 1870,
those chargca wore formally submitted to Tho
State Department. Of Insurance. worn' invosti-
gated by tho Department., with tho zoalouB aid
Of tho clliof acouaer himsolf, In Bossion Of Bix
weeks, during which tho books, records, md
officers md clorkH OF the Company wore fully
tho evidence obtained was reported In full by
tho Superintendent of Insurance to tho LogiH-
latlro OF tho Stato Of Now York, with his con-
illusions aud tlforoncog, completely e1oncrnting
Of bad faith Or ma!adn,inistration, md renfflrm-
ing the fullest confidence In tho integrity aud
capacity Of isa management.
''That tho eamo charges have boon repeatedly
holders Of tho Company in various cities; and
havo either been discussed and satisfactorily OK
planned ut once, or Committoos of Investigation
have been appointed to inquire Into tho faots;
TINT In oyory such instance all possible fucili-
tics for doternlining tho whole and exact truth
havo been afforded to tho pollcy-holdets or thoir
committees by tho Company and its officers :;
and that, In ovory instance, tho conclusion
ronohed by tho policy-holdora or reported to
them by their committees. Inns beon entirely fa.
rorablc, on i'll grounds, to the management Of
",rhat tho Trustees Of this Company have al-
ways carefully watched over itB management, Us
| vast alll precious truat in thor hands; and
TINT, upon every occasion in which doubt has
appeatod as to the pioprioty OF tho acts of its
officers. tho Board hnyo lent n rendy car to OBJ
jections and complaints, and, in the interest Of
tho policy-holdorg whom thoy represent, havo
| iss own moritB
''That tho persistence Of the aasaianta of tho
| Company in ropoating thoir attncka, aud ondenv~
oring to prejudice Tho pub1c: mind ngainst it by
| tho repetition Of them, nftor 80 mnuy and
complete rofutations, evi1lces q state Of mind 30
| hostile, not to say malicious, towards tho Com
pany and its olcors, AZ to deprive thom, with NIL
| Impartial n,as, Of my just clairu to consid-
| eration. -. -
"All Of Which Is respectfully submitted"
| Dated April lG, 1873, md signed by every NOM
ber Of tho Board.
| This n the clear and unhcsitating language Of
| thirty-Bix gentlemen, who nte vol knowlrin tho
communities i'll which thoy 1.-Two, md whose char
actor, intelligence, aud honor will not 10 affected
| by tho impuaent and vituporative assaults Of o
dismissed employo.
| bly, Committee Of which Mr.. G. W. Herslck was
| Chairman. and which AIr. Hon.R,la in Ills mad
noBs and mnlgnty alogos resulted in conviction
| Of malfcasR,co iii Office.
| Tho Committee conBlstod OF seven nlomberB.
-Four 1nado report cel.suring tho ofIlcora thrco
| n,ado report vindioating tllon. Nolthor WIS
| acted upon by uither house. Tho latoncas Of
tho period at which they were preaontod pro-
tiycs Of this Company uHea every honorable
| moaus to havo them brought up for discussion
and action, in tho full confidence TINT. when tho
facts wero known AZ they should be-. both
nloana used to procure tho majority report, it
! would bo overwhelmingly rojectod. Notwitll-
! standing thcso factR, Mr. 11omanB, who
| il Secretary, Treasurer, md mcnber Of tho E1-
| created in hostility to this Company, md wloso
| powers Of taxation Of the companies composing
It nro almost unlimited, called the Chamber Of
1,ifo Insurance, and his aiders and abottora are
aooding tile country with this majority report,
falsely and fraudontly conveying to the public
the ideA that 1t has tho sanction Of tho LegiHla-
| ture OF tho State
Tho Intelligent public must Judge in whom it
is most Bafo to roloBe confidence, this dincarded
| officer or tho following TruHtoea Of tho Mutual
| Lifo Insurance Company Of Now York:
FnEpEn1oA 8. W1asToN, President Of the Company.
onSnI 1san F + MmEpEs Aen{ i, si n
1sAAo GREEN pARsoN, Vicc-1rcsident Relief Fire Iu
susanco Company.
| MARTIN BATES, Of Martin Bates & Co.
| WILLIAM Belts, LID, Of Bettu l. l.obinaou.
| JOHN WADswo1lr1l.
0L1vER i. PALMER.
| SAMUEL L. BrHouLLs.
| sAMUEk n. CORNELL, CatHklll. N. 7.
Luoius ROBINSON, Elmira, y. Y.
RionAnn r1rRlos, vlcs-Piesident nani State of Now
WILLIAM A. HA1sEs ot I1alsted, IIa!nes Co.
| SEYMOUR I. Hustled, President Dino snvinga Bank,
| sAMuE1 b. DAncooK, Of Babcook Bros. 4 Co.
HENAy 4. sMx1nE, President New York State Loan
We. popan. Of f,elps, Dodge Il Go.
aEoHaE 8. Cor, lrosidout American Exchange Ma
w1111AM 81. VEna11rr, late Of vermilyo l. Co,
JOHN Il. DEvELIN.
iuouAnD 4. McGuKDx, Vice-prssidont Of tha Com.
EnAsdls sxnDs, of ahady, s1intora + 60.
1 ]. ELL1oT CoNDIoT, Of ]. i. CondlCt l. Co..
JAMEA q. HOLDEN OF Holden, Hopkins I: 8tQkea.