The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-03-13
CONTINENTAL LIFE INSURANCE.
coSefrssoS 90 THE kxsxrxArIoS Bxvonx
kfFrExk surIxn--rooKrSo INTO THE Ac-

coScfrssoS 90 THE kxANrxArfoS BKvoHx
kfFfExx srrLxn-rooKrSc INTO THE Ac-
corSIs or kEcsIsEs ANDERSON.
The ss.m,ssnos sf contpsntsl sssir wss con-
nnuec ye-ssrdsy afternoon before william Allen But
Ter. refsre~ % No. q Nassau Amer iore and
seoss srsscn the declared that the taking OF
es'aescs ~s- esmpiesea and adjourned the proceed.
lnx2
Mr. frsrk Esaa. one Of the attorneys appearing In
the cenrnentsl htisasses iron ls commencement.
~as called 20 TIE witness stand ~ Mr. Raphael Moscs
~he aessfed 20 establish fscss regarding the
ersis Of the rsfefsncs and 10 explain proceedings
vh'ch eccawcdss the Albany General Term On THIS
subject M Moses aud Mr. William Fullerton had
slight missnaesassasas a. me prec~dirg reference.
Tho referee and manifested their opposition
gong INTO she matter on The sreana that was not Of
suieisns importance Amer considerable uining. dur.
ing ~hieh Mr. Jsha l. mn also called give
sencs. The insssry ~ss ssasaosea
NJ. iin wss thea qscsrsnsd ny Ncssrx scwei and
Moses ~h regard 20 the counsel paid him In The
consinestAi eases matter that termed pert Of the
More wrssrs,ar eccprr~a here M Moses askisg many
Questions WATCH ~ere ob1ecied 10 BY Mr. se~sii The
resaralng paid before The appointment Of
Mr. Anderson. 20 ~hich ruling Mr. Noses excepted.
me NJ a.ssr . ~.se as.%sy ~. r', s .sss q
between the usnk and The Continental Company II
appeared That drafts 10 tho vaus OF fi,aVo were Do
posted ~ me Insurance. eomAnr Jssi previous 90 Inc
L., Of Jaauary 1874 and the identical paper withdrawn
a day two sltefwsrd
Charles hsagh testified that on Decem,cr ~. 1873,
he pasnx teller az the ioaners' Bank; he recol-
lcc,ea drafts 70 the smoast Of siIsooo that
posted az Tho Close Of that year and returned against
Mr. styles. cashier Of the consinentsl. testified N
having sent ~ the eats aud dogs" aud afier~ssd
lssA aud 1874. these drafts wers made 10 different
sgcnts. and tbsss said that he supposed they
ne han
the end Of the year 20 a. 90 the ameant Of
'rash'' IN the annual report
NJ. Nose. iesunea a. TO his usas aihns efforts 10
Frost, r. q Frost and J. y. Rogers
The examination cf Joan .. Andcrson's sccoants
stand. testified that when he went into Conti-
mental he discovered that the company had been
cxsmncd he heard OF the dssoiat,on only twenty Jour
or ior,y eight hours before his appointment; never
made or entered into any pledges as 10 his conduct IN
Office.
sons services three months receiver.
Some time then oocupled With inquiries into .
transaction between NJ. Anderson aud H. .. Noycs,
wherein The former lnaorsed the issicr's note 40
definite conclusion was reached, ana the meeting Was
adjourned
rRocxrpiSss ~ BRoogLyx
Application has been made IN the supreme Court,
Kings county, ~ the suit of Hoyt against The Coz
tincntai Lille Insurance COMPANY, 10 the judg-
mept thercin Ia allow certain British Commercial
policy holders, no reinsurnd the coptinent
TO come In anu aeicnd The petition OF DAVID Lyon,
IN whose behalf the Application made, lets iorth
that the Continental procured. by fraudulent repre-
sentatons, more than si5o.o00 Of The fani OF tho
BRUSH COMMERCIAL on contract TO reinsure. Ia ~
alleged that the Continental was insolveni the
the contract was made between the companies
named. The petitioner desires put Ia an answer
und take such proceedings a. he may adviscd for
the protection of the holders OF gusrsnec poscirs
that IN The meantime the receiver be enoined
disposing OF Of the VI the Coutineutsi
I.o Insurance Company, or any Interference there
With, except TO preserve the uatii the further
order Of the Court The motion was adjourned until
Monday next