, 1873-04-15
TfiE ".AURORA." ?"
Tho Attorney for tho Assignee Asks q
Further Investigation, and
Cots It.
Where Tho Faots Canlo fr0nl..- 1Y]l1t tho
Petition Alleges md Evidence
Proves.
A Showing Strictly from Record That Has Docn
Kopt Sccret for Noarly Year.

| A Showing Strictly from Record That Has Boon
Kopt Sccret for noar1y Year.
| On Friday, TIE TRIBUNE came ont with m
expose, showing Tint prcc!aoly tho Hnnao kind Of
"rng " tint creatod Buch intense indignation In
this city III regard to tho Btato Insurance Com
pany l,al manipulated tho aratra Of the Aurora
Company. The information canao like thu1,-
erbolt. md many rofnnot to bolioyo 1t. a diyi-
dend of 25 por cent had boon quietly paid and ro-
coiyed. There had mover bcon n word Of suBpi-
oion broattod through tho newspapers, and, for
all TINT waa known to tho contrary, never
Ind tho slightest occasion for suspicion
or investigation existed. Yet THE TRIBUNE
charged that ring moro brazon, anl moro out-
rageoue, In proportion to tho moanB Of the Com
pany than. TINT Of tic " "Btate," had controlled
tho clninls and elected AT. Assignee, unlor cir
oumBtancos TINT woro particularly disgusting to
| all honorable mi1lda.
Tor olevon long montha those charges havo
boon nattor Of record, but, by aomo unoxplain-
Cd means, tho reporters lad failed to got scont
Ut tl.u1u, until TRIBUNE reporter struck
tho trail in following to its sources an
obscure order TINT lad no reforonco to
anything that ho was familiar with, and
! which tur1lod out to DO, aftor strict Hoaroh,
| nothing loss than petition to remoyo hIr.
| Assignee Brady. Tho petition wnB dated May,
1879, and with 1t WIS oyidouco taken in support
of tho allegations tAorcin up to tho 1atoat
dates.
Tho petition and eyidonco together made up
tho talo told by THE TRIBUNE. Tho writer hay
ing purposoly left tho reader In ignorance Of tho
source Of his information. Tho attorneys who
now net for tho impoachcd Assignee (at first at-
tornoys for tho potitioning oroditors) ut onco
rushed to tho conclusion that tho expose Ind
boon inspired by some Interested person, aud
went 30 fur us to charge as much In tho follow
ing lottor to tho editor:
Dean SIN: You hayo boon fcarful17 anl wonderfully
and "a to
smount Of sens;ona sa'tngs and ohsrsss q
hclc is 40 nonsense md error. md know It. was
one Of tho attorneys who put the Company in bank-
At first. was fooled by tho mai, undoubtedly,
who fooled you. Nobody but ho has over discovered
enos 70 hi e
ttegiblo; vent M to Aurora II tho beginning, and
was nothing Of it, L. D. brady waB elected Assignee
and voting. 1lo il man q ~ high and Tell.osta1-
try, ana good as tho ayarago Of people here. uo
has reported tho afaira Of tho Company to tho Court
anu t0 HOS all ABOUT from tho beginning,
aud think nobody but llua even supposed thcse
was anything wrong In tho matter. II any body thinks
there is lot linn into court and show IT. and not
'1e pae aeSes ss because
hardly expect yon vi! publish this indeed except tho
much TINT Ia dcnite in IT. surpose you writo another
article md tell us what 1t is that Is wrong. 1t Isn't
wrong TINT tho men named have such names, or that
they hold much stock, or bought many policies,
thai they hold otlcr oices mud business relations
besides those to tho 1nauranco Company. Nhas do you
havo looked into a ltslo lotoro you wroto 30 much.
know that no cstate has been managed moro honestly
hope yon will look into this matter, aud SEQ wtcti,-
er yolr article compares wdt tho truth n tho way you
a1r. Tennoy saya ho is PROFESSIONALLY acting for
thnt proceedings lad boon commenced ngaiust
the Assignee for removal, OH tho charges stated
lwithout tho slightest oxaggcration) by THE
TnlnuSE; orgo, ho must lavo bcon acquainted
what is to be thought of his atatement, that tue
"articlo WIS all nonsense and orror." Aro
grave allegations, sworn to before tho
Court, "all nonsouso and error7" Is
iss aav tsst2gy e o ssyesg Of Of es e cov oWn sS sSn
many other gentlemen, OIL oath, "all nonaeuBo
aud error? ?" Mr. Tounoy goes ovon further than
That, however. Knowing, as ho must do, that
tue Court has not yet passed upon said petition,
carcs that nothing that hns been donc ie wrong
Now, wide-awako attorneys do not mako tlosc
1niatakos; whom they wr1to chargca like this,
they lnvo somo object bohlnd. or have
made soms e nsea'c3ation hs 'st f%et ts IT,
porter had soon tho evidence. It had boon
kopt quiet for tho best part Of tho yoar; and
there was no reason to doubt but that means
would ho found Of showing tho thing through,
boon hitherto conducted. But, NJ tho cork
blackod uainstrol says, That's whore he hnd
made mistake"
Mr. Tcnnoy says: II hopo you will look into
the writor was yesterday sont to Aurora to look
into it.
Tho allegations made to which Mr. Tennoy
objocta woro substantially as follows:.
-Nirst-That cortain parties therein n,amed,
fow exceptions, In both tho Insurance Company
and tho bank, combined together to purchase
tho polices Of tho Company in Chicago for tho
Hum Of Is cents on tho dollar, thoy boIng well
least G5 cents on tho dollar, tho doaign being
that tloy ehould become tho owners OF theao
clainaB nt d cost to themselves Of 25 CENTS and
pay themselves on settlement G5 conts, being .
profit Of 100 por cent on tho outlay without risk
6ccond-That llr. Hail. tho Secretary Of tho
Insurance Company, acting as agent Of thoso
people, did proceed to Chicago for such purpose,
and did succeed III purchasing for them largo
amount Of claims, his expenses mud his SALARY
Company.
Tfird-Tlat Brady, tho presont Assignee, Was
ono OF tho most prominent Directors Of tho
bank, ut tho samo time President Of the Ins1r-
anco Company, and tho foremost man In tho
purchase OF thoao polioieH.
FourAs-That aaid Hull and Brady woro tho
custodlaus OF the notes and mortgages Of the
Insurance Company up to tho timo Of their COM
moncing to buy said claims, whom said Brady
| the preaidont Of tho Company, handed tho scout
rites ovor to himself as Director Of tho bank.
and hold them until tho United States Marshal
undor the proceedings in bankruptcy.
| ET}M-Ihat all those actings and doings woro
fraudulent and designed to oheat tho creditors {;
| whoreforo 4 petition WAS filed by certain cre1-
and for an accounting, chiefly on tho ground
TINT ho waH incompetent to I'LL that position. bo-
cause ho must paaA on hia own claims aa said