, 1876-10-09

~ H. Itatly eiuv,uuu' iHeso s9tte tlfNi 10 pa az
direction Of tho District Court, which, however,
Is not quite sutflcicnt, and . small additional
paid nearly tlireo-iourths OF IL. claims
either directly or by allowing stockioilcrs to
offset then, against tho stuck. and II Inns thus
tiles. The remainder, which Is equai u about
70 per cent Of tho claims proved IN In bank.
runtcy, will bc paid up In tho courso Of
Tho following is synopss Of tho Conpany's
condition at tho prcacnt time:
Total cla!tns allowcd.. ............33e5 RI, 04e. 50
nn, nnls'eS Il eGdii e'aim. ] IL sl +
!ntersst accrued on siaims, a6oaf..: ioo, ooo. 10
Expenses for Court co.ts part OF
which wns prior to the bankruptcy ~
proceedings ubont .............. 100, 600. 90
Attorney. fees, about. ......"."... q, oo9. 90
iSsE bSaones nnesiicd ior. about e. g
Al,ont .1,70o s,,its were begun in seventeen
different States and Territories. The rntio OF
expense 10 the amount collected Is about 3-10
per gent: Az additional nsscss,ncnt Is necessary
q M III ut sGs aa to 3 naY pss If s asso eaot T bo ss S
perhaps q ycar. Tic estate will pny IN full.
THE GREAT WESTERN.
The Great Western Insurance Company Ap-
m essn ss to ne q stdesasss e sxnss sos St
;Sss %s: ss 2s &s !! "'!ss ss
Tic fire they were eaisil on for the rem reatning 50
per cent, there was naturally a hot time. It
seems that tho Directors assured tho stockhold-
crs Tint they could not bc asscsacd, but nt tho
pany lnl MS usseta this remaining 80 per cent
due on the stock, and thus by false rctrcsenta-
tfons accure.l risks they could not ntlcrwiec
have obtaincu. All tho books Of tho Company
tt1trH
stocltllollers, who seemed 70 le very modest
stock. vas siov and tedious, <
very large number Of suits were
States which ca,inot bo tried on nsTount ct want
Of sufficient proof. All the suits have been
contested more bitterly, than usual, as tho
stoekholdera felt they, md been most cgregious-
cent, respectively, have been declared, and u
course Of year. Tho following ii tho itenized
statement:
aISiss taIsetsn: af With aDoa. si; oSo Goo 90
;s;,,, wcs ny sn aganst M soS S5a
from ny. 5isEo{e ls e Aug. e: t'1sss' 1sss,
at 81, 0GG per year. 2, 4G1, II
G. ". tpton. Assignee, on account
es: sssi i I'd SsnS ss$
All other expenses, for court costs, ut.
torneys' fees, taxes. Hcgtslcs'k fees,
wltuess fees. and travelling cxponsrs,
printing and advertising, postage
and postaf cards, stationery, tcle-
!. EraMa and cypress chargcB, Mar. ,..
shals fecs, Observation-Disclosures. 50. O3a, ~
SOS. Az -
There IA still uncalled for On pnst dividends
about 31l,5tU, due in sums Of II couts to &UOU.
The ratio OF expenses to collections is about 33
per cent, showing that it has been tho most cx
pcnslye company to close up.
TIE MUTUAL. 6uGUDtTY.
There Is probably M company which has re-
cclvcd moro coraelcntlous caro- since It became
bankrupt than the Mutual SECURITY, Of whirl.
arc not closed mp yet. AT first things seemed 10
70 quito pleasantly, aud, among otlier fayorablo
sgmptoms 5uogmysnt fos anont as
Tic Supreme Court Of ti.o United statss s Upset set
the antlcpations Of tic waiting policy hollcrs by
clared scammon only liable for about $1,000:
a lnrgc number Of suits lnyc been prosecuted
against stockholders Of the Company, and ncarjy
ali have Iccn decided favorao]y mud tho money
collected.
Tho following ia. n tabular statement Of tho
Company's condition:
Total liabilities, ahont.. 600. 900 90
Paid out on Dividends ......... aJe, 498. 81
Amount due ecannion on contested
clA1m .s.. ..........s. ....s........ y, PUG. W
Amount uncallEu IuF on past GlVl-
Assgacss aad Rcgistois isc;. SaSo @
Clerks' salary: y:......"....,...,.. g,0o0. 0q
AttQf1togs fces. Il, HI. 10
Nlsecllaneous.. .."".... 4.600. 00
Tho Company has paid three dvldcttls,
amounting to "A per cont in all, and IN few
months will make further 1nM diyltlcnl of
OF about $4,000, United States bonis $4,000,
also bills receivable, q claim against j. y.
scammon, cis., the value Of which cannot be
concern VIM DO about 1000, including actracj
but unpaid Registers anl hssignpe's fees, ctr.
The percentage Of amount collected to cx-
pcuses ls II ttu nelghborliood Of u PER cent.
Tic Commercial Insurance Company, Mr.: Il.
E. Jenkins, Assignee, was Que Of those crushed
entirely opt by thy tre., For long time It was
ases iss Gy as ss cspssy cy snh'p M + saS tS
is5sS n asanst n tx T. % Fiji a ea sa a q ssy ssfy
been adjusted ut 5000 tooo and a Dividend va
were all bought up BY tho officers Of tho Cnn,-
pany. Tho COMMERCIAL Inns paid two dividends
Of ~ per cent each, aud as some new clafms
hwy sIhes boen found, aad tho account Of The
there will bu no further dividend, The follow
Tug Ia tta exhibit:
Iota! )Ial'!tltica ...."......"...3 700, 600 90
os ineolIss,aa 5sss,hia a.,ct. uo;t lo %
us IL sardsn.cty Insurance Co.. IL, ,doo.o
Iuc city foT ta1cs. ............ 7,6O0. 90
Warrants not paid out un previous
dividends, .tbont......... 80. $500. %
Hsa|s tseissss saa Marshal: ts::. S9S u
Assylieaa tsua ...'....'.."'..". 2,b55 99
HunsnsS HnsSs of 'Gss nat,nc con,pan1 eo
bankruptcy, court eostsin suits, o,u =,
clerk.h and oiico o1pcn.e..... s,ooa
Total CxnArNtk IN zen 10