, 1876-06-23
Something More About the Globe
Insurance Company.
Receipts and Expenses Of the Adelphi
Under the New Management.
Record Of Judgments md New Sults...
Bankruptcy business.
A Railroad Suit Recently Decided
in Iowa.
THE GLOBE.

The Globe Insurance Company, George F.
Harding, md tho Fircman's Insurance Com
nany, which srems to ncrt1 little Investigation
by the creditors Of the Company,to say the least.
Tho bill In tho case, which parportesl to bo a
creditors bill, though 1t was only bnact1 on n
simple open account or claim for loss
under policy, WAS aicd May 8,
and tho appearance Of the defendant
entered AlayB TWO daya nfterward M applfci-
ton was made Tor Receiver, by agreement uf
both parties. The Judge nvcErlilrd II, holding
lie Ind no Jurisdiction, m there had lCru no
judgment OF which 10 base thu creditors bin.
Subsequently thu Company was defnultcl for
want Of at,swcr, but a week nftcr camG IN md
filed general denial nu1le pru tune aa Of June
/, tho default being set aside. A replication was
also filed tslnc pro tune as D the sums date.
When the application for Receiver was made tho
bill was amended and nuw process issuctt nunc
her q exnhIts were filed nn!'c, PR, tnnc
iurgc an,Snnt Of attstthough. Il through.
Fireman. insurance comrany askins iot h atma. nv
~ sf 9s sc + Y si's sse 'fs IL
aied Wednesday: hat Instantly taken ton, thu
hfsa by lsayc of Court % anl retatncl @ yesterday.
The Nnstss S"r hht only s W.T.
ii. Smith, stockho!dcr In thu Iralner, Smith Il
CO. company: s.. r. Walker the fosrnc, sccre.
i. Harding, Turner President an,. Directur Sf
the enme Company. Smith proved complaInanta'
ea!m, Harding proved NJ! NJ own e!sm ter slo4 COL
rect examination corrobarated smith, md in lis
e.usss examination as strongly upheld Harding.
sdae smas e. eopa' on ca SMfs
sovtn ss a' wa. 1s' doing n%,s,. nsss a ast that it a
co.S FIT, Fs SsDa aak to 'anF E.
raItte., as collateral security. which woro very
likely 70 b. *pR,sd sy 5es sale to rsy a
reports TINT tho Globe Insurance Company mn'lu
contract for reinsurance of all iss risks with tho
s44 0oU In divers notes anil o,l,er securities whlcI,
contract ought to be carried ont. Further, that
TIE ,ilobe Ins4rsnso coupany owes George T.
fsa sasa e"".rass ' was so' mne sSs' y 'isa %sh
I'll a1%ns sse s 81 asss4s aess o ss s;s & .s
price and IN ccrta IN conditions: when contract II
satrte s I'd ont ,S would reduce !aF!nS. claim e
TINT thia coutract bo carried u, nnd the claims Of
hnrd!n and 1satlner, sn.lt. ~ CO; paid. ,.,,
Farwell, which rataes tic reinsurance and eontsact
With tho F!reman's lns1rsnee Company. a,.,nIts
bo paid pro rita ont Of the Co,npany's
anSt asss s asf c ut t. # ans n ;e Of large
one appeared Istoro lin On iehaIf If tic company i ny
general dcnial Of tho allegations Of ths hill. "a
s1on o. the report was fled thu croes,h!llt Of
were Amendct! by striking out the natllcn Of Isaac
Crosby, tho Flrnt Natunal link OF Chicago, tho
TREASURER T,. Of the State ;a.1.a Of ,aH.spp' and
n.nranso copay ss'fel t. roan.tee. ceo,ee sse
Jenkins, Receiver Of the GLOBE Insurance Com
FFtH ,1n hfnb fkr -rftt
IT, IT, ey sys' iss ty rte sayn II
s s nsos a ia nx
the Globe Insurance Company, tho Flrcn.ans In.
turancs Company, Harding. and bradnor Smith &
A. saon a. tha dteroo VII msto T. /. ssrnan,
esns ssha 81 'f essyeF o Of tho aa Mx5
Ii, ssnt hsa nsss.la, nersss. With S"t were ~ a.
be tot asldc and the Mercantile Insurance Chmpa-
ny he mede party defendant and allowed 10 plead.
In tho banktuitcy proceedings against the Com.
sisdIc and ai prased % Up is deSt; 3 s%at sidaeY s
Wsk ~ IT, to- sas astt ~ IT, seetc
a'y M with Ia a: at h ho"s aifa s nls in0ns IN
such Inextrtcabec confusion that II "a absolutely
maiier'. About, Tho 5th day Of tcbrnar, fiast,
Walker a. ss sueh sesseta.y published eissa{ar sst.
eMsd sl5s, :'t'4 ai leaving balance q u::e1s,
rcportwith tho Auditor showing its a*scis to b.
s4lt. Dh0. 80, and liabilities s210 47o. o.. leaving
balance Of S"l9. $40, %.
but Ia very an1tnna not TO bu examined on tue
eubjcct, and complainant charges hu 10 about to
ton An order was therolpon aaked ind allowed
requiring Mr.. i. L. Walker tn he hctd to bail in