The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-03-03
CROOkED TNSUR.fNCIc.
Proceedings Against "a Numbcr ~ Crippled =,
nut Insoivent Institutions.

Right on tine heels Of the suit against
l'he North America Company. II. G. Tr,.
mainc made an application yesterday fo,
receiver for the Guardian Mutual Life
Insurance Company. Tho Universal Com
pany in form stipulat ii to rrinsure the
.Gutrdan's risks 10 the extent Of 50 per cent. I'm
consideration OF obtaining its good assets and
t. reserve. which they did receive o. the OK
tent Of s2i2s.OO0. The sumo company rein
surcd tho remaining risks TO the extent of 20
per cent. getting in return assets and reserve
0i the Guardian amounting 10 1907 .2jG. The
Gunrdan. il Is complained. WIS stripped of It's
pro perry by the Off ,crs OF the Universal. who
were put into its Board Of Dire tors. The ont !
standing risks were impairri. an tn sto X
'nes of - 500 900 invested in tbs Guardian
Ihn pant.if alleges that there IL a scheme on
DOT To appoint "A receiver in the interest VI n
H. Furbir. H. asks that the companies H.,
visited AMI examined. that Furhcr ain others
Ulcers in both companies, be susp n ted. an d
10 toun guilty. removed that the CONTRACTS oil
IT. 'insuran - be Il cleared void. and that the ON j
rrs he enJoincd from further carrying out the
Untrarts.
In the examination into the Continental Life
Insurance COmpuny's alfurs before Kefrrn,
Butler. vest ,rdny. Mrs Elztbeth Home told
low she hal be n robiprl Of five 81 900 ,cnn Il
mort st,c in ONE bon Is Of IN, 81. Inus Atom
lnd T.rrc liaute Railroad. which she had de-
pgstM Tor safe kccLng with j. Il. Laforge. oil
Mrs. Home by Daniel B w-s on the ist OF Jan .
ary, 1856. Mr.. Ltloryc was conn ntnd with
. ie Loan'rs' Bank. an when that institution
was on tue eve Of iHilurr. h" trunsf 'rred Tn d
un is b.longng tn Mrs. Homo t. tin COnttn IN !
tu LII" lnsuran 80 Company. the bank raarivin 4
d ~ money advnn ,el ON them. Mrs HON. th"n
Wrotr to the ~. Lou =. Alton nm T. ,rr, Han,
iililroad COMPANY r,uiti'stfn, thnt the coInnn.
IN the bon reg stored IA her nam should not
D." pipl. On me Isl OF December 1876 tho Scc-
T. thry replied:
ON saturday last The rosner. Bank presented ,or m,
n ni 'iN rh. tue 'oun"n. um h"ni- e,7 ant H,s r,g
hem. NJ luu request u" P"'
Joseph T. san GER. n member Of tho hoard of
directors an on OF the / plnH Commute,
-Hid mat Ice pIss the ~ 'udnts pr IS mt n I'll
ltim NV John y Ris RS tt" ''rtirv of IA !
Winpany, without know IA anything uboutl
il"n HIS Stimonv sioW' II tat tnc books
~ b'en altered To suit thc schemes OF III,
Am"tins WINS hold in Baltimore ye-,orlav
~ pol v holders rrpras n nc iu fhr ts..ragut
s2nuUU RISKS IA ti' hlnStl4t Institution. III
WIS de- 'itrd tp employ npuusH 10 represent tn i
nnii''y hold o. ot M1ryian /. Y rginiu. aud West
' r-'hiA III '"e r.irrrho now so.ns ON IN this:
ON asut Mt the instance of the Stun lard OIL
onpHny justice DyrNm'n grant 1t % writ O
, /" .hNi'ht Al 'id y aga u-t th Amazon FIR /
lu~urln " tomriuy of en- .lnnati. The su i
vas b. gun IA ls72. In Iuy of tnst y,lr tn,
,,i'in iarl o. Company wlrs- ~ Hunt r'-
- nj w're burn l. OnN f.w lays b,f1r,
'n' mr. tH' company u1i t.k"n policies,
a. Insurance Tor, sioool from I'll
n-uren " company r'Iu- 4 ~ pay those poll
rs. the de''n"f M. thai tlng had NOT r cached
-, home ON 20 am received th" n,s. 4-arvl
''ii 'l"i sam "n " I'l 30" ir'u urr"i. A lury
10 hru.Nn SUN 'rH' & art rcn. l-r'd ,rr- /
Do nef tn'm. It'v unr iI'i AMI tlnpD-
II Swgr ~ amounting ip sl}ulp WITH u.l
N l'''d ~ ihit the l'W .riur haI rrrl M
.n- ~ r'n 'filin u'.ni- O. a- qu -tlana
70 Ns Ernunf ihe defend lnf WIS granted I
N Nh company POI. fniHn Cd iu'nHi