The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-10-06
THE ALLIGER BROIHERS' else
The Circumstances under ~ hich Morton, Bliss
a. Go. Took Possession.


The insurance agency firm OF Alligcr
-, =, .' -. :, -, -. 49,. -.
brothors mas lor years pccn ioohou upon us one
Of the best and most Trustworthy in the city.
and ns flcv rct rosrnteI several strong and
,.,,. ,....,. ,i, oo-,ro,,ic. ,bcv had n l,r,c
very r'Si ". ."l' '"ihpuhl's' ''cy n"u 'utEo
and profitable line of business OF the most de-
s'rallc kind The announcement yesterday,
therefore. that they were .ndcfant to their COM
panios to very large amount. was received
with srrnriac in insurance circles Tho Com
r -,
M'r''ll mon Assurance COMPANY oi i''N"n
H. Tie firm largest creditor. and will be hy far
the heaviest los r. The Aiecr Brothers TOOK
the agency OF this company IN ISL. ana nave
done an immense business for il. In 1876 they
r,.ni,,l r,r ,r.nir,n- on business done i'm the
W." "' - '"'"'',7 - ,.. .,,r
United Stal's i'ss laid Tor reinsurance S''o,-
i,'i.,'. .so,ct, naiI for fir, i,.,ns
~ W., '' '"''''''' t,,., 80. ~
s''''jl I"r 'ohi'ns7.' ms "i'' u'"NV'"sv >'o,-"
rIr salaries &C.. 4 e. amounted TO slG6.l7O
t.,yi,..,., i,c D.,,,to,,v's orcdit ,tgo 7o7
'"''"~ w. '',, '','', ., 49, ,ni ~.
h.,, boon far from prompt in their REMIT
,.,,... D., I pt, lint 49, tbe,. mil au l,sscs II,
"' ~ Us ~ '''," ~, '',' :"
li' h'ied SUI : u'f'''' WITHOUT reference 10
tIc homr OH 49, il was necessary that they
n.nlI L,a,, II lnrr, op.ou,,, of money IN bn
80"
rniy Tor any emergency. and so tie comrnny
a..,s Nicir rcmiS-n,s- little heed Moreover
q. ,i.t l,,,lt.t ,..,nlon., IL, ~. isii;,h an
q nH inl'l IL '"nniehsr I'm VI Hlllun Ai!i,
3 r. t" snior W"iln'f oi w urn, Hni untli
nv RE- n A''l no u-l,glon "l HIS pcrle'' lh''s-
Fly eyer rutrri i' tnrm. ,,
~ ",', ''IS lNI. 81 ilst sumner Ar aill-Vr
= ,' ''iu w., I'll, ~ ~, i,' o tii,,,n
.i' 'muHis'1 i"r hoWc iur most cHrdinl rr i
w. H. ', ii, "',,I ,S '.ii'' IL i''S
l,rlivp.sescd them. hut even then they dr"am-
oi ~ nMh.ng p'niuvsiy wrong. .. ~. an,
N"oW we middl.H i S'lirinurr Nast. Mr.. All
\, ,'sE s'iu ~ IN, upItH W In put'"m'1
~ uls n.oNilH "Hmu'i N.SV a. i''n',',' nuu
,Y "ir h,.ii L.ier LleX r,''iN,d ! .uer rom
nlui., Ih.orluinf .h,m hHt ms i'as'A WIZ
ms hHyr t'"' u" oui,il 10 INV iu.h,S ~
"lnmn G M a.sonut INV "S S"nd b ala inca
"a" thrm oi sltl 900. lh"n' Tor the irst ,me.
thev ,hn'ame nlnrmed. ana trleyrnphcd To- Nor
/ ton bli-s Co. nrr hhlnrial ~; MS IN ms
city. t. examine INTO The affairs q the New York
| rrnnrh ana report. Meantime. Mr.. Alliger had
s'1Ti Il FOR europe. ,.-,., ..a...,...
norton BisS 60. mao a hurried cNhmlna-
ton. yet enough 10 satisfy them ihat there waS
srct drrlicien 3. ana they r9hl. back ,hclr
| books papers. * e. ana thcy did 80 without u
mmtaents delay. :,
81, Two DAYS aierward,, Mr.. = stanley Brown.
! ne i.ond.n sncrct0ry oi NE company. anu, Mr.
nMlRu niiui''g4 C'l'.pn ' a i,,np , oi 'ue
and consequently uassed Mr. Ailigcr at sra. I'm
me9iatciyo 1n tncir arrival thev took l"ss, s-l"n
! ~ thr oHl'" nnd rs cont MS on,c looks
agency books. accounts. cash, " =. and they ara
nov temporarily coudp ins lis business
Mcs-rs. Stanley and Brown cannot yet state
what Alli-er Bros. inndebteln'ss IT, hut u.s.
CLOSE ms they can estimate they maze il between
sl13Wl ana silRVW' Ircniiums du" ana not
pad are yet 10 D" rrccNcd accounts 20 come
IN from agents. ana NJ hrm are 'ntlted To a
| prrr nj .so oi thr pruuiS Oh NE wear business
| oil me American nrah'h;, ih"t oi course rah-
| not ue d"irrnih'l uhtll al me insurance con
! tracts l9r tAe year nave expired. Mnl'h VIII not
| he unti ths report Is made up Tor tAe year end
M Dec 81, 1875
! ,Ine policy holders nave no cnus" Tor inc
shgl',s' dlArin' lot. y ,n' 'huI, umeuut II i'St
| I M'' -, 'y ,un's we pI"rls % , NJ Wv
! York tranrh alone Tor slhS.r year. me COM
l.hy ,.IYn.hr,d nusln, = y I L. ~; f9r t ~,
Win expenditures. including losses 10y IRE.
snN ~ una a., W,,oI s2,'U1
gra.,a,,' nm"Int Of ali ayail,i'. ASSETS on lie
3lTi 81 Dr'"mncr 1876. WIS T. lz3 81. II.
me urn 4ls" rrrre1tsntrh TOUR Amerlcan
| InhS' Tue MsF ,,haH'S ihSuranIr Nnhptny 81
iaoyussnse IL, L. w, shIMlnut HUI ner Snni-
Company Of Boston. According 10 Tho firms
Inst i.il.ht, "ipr"N.n 10y tie ,Hn any; 1r.re
W. D"ge , aan ' ne III s9i ~ ' T 'q En-, hS
an5urae , Hvp pa errban Ss f ouyr
~ Wy uWt' y - ,nL ~
sl'9-i2ti Sn"wmut 81 az B2 -, ran
These companies have he'd a meet nl; gpd
a , 70 ~ u" ne =" W.
u lTS iSe rGarve 81 NJ saSnonmnss
~ !" Ieport % ,mvin ,eNtry nlsn' we o"''hoss
V'rh" v H. am pi', r w II uue,
mn =, u -i,N.,i- ,lii,r !, M, ~ iii's
cu,n $50 "t + y"', N'.,SrI, - a,iiS'i
k','~r ~, M. M, H. n,r"i9
| a. 80 ,l, "a. III n,..r,.,. ~ IL, ,,',.',r n
Tir H. W. ,rs, a. - u ~ ,' ~ Il, T. -
iaynd M be ma n'' lr'',ys.iys ~ t' J,fal
49,, n,,i ~ t,o' a., ~ - -, W., VI ''a
.''ii, anu ' i ii l'n, any r'i"Ir W We
i,,,.s - ~, a., IL - III a., i a., 't i IT, ~
Enovn in III iuIra circs Its bnn,sty has
~" 4, III ~, , ~ ''r t'n l'a'S's va,
a. * '"i nv AZ, fu,7i m ~; "'ii' piV1
g, ,n1 . ..'as ~ NJ i'n II, MN -
, 49,, ~ .,a. i a.; ~ ~ ~ "' ~ VI nS ~
% a., ,,, ,r No, ~, -, ~ ~ , M q @
VIZ a. WIKI p,,, h ~, - a. ~, ~ w. I7
,"imp1'ars nav n"t WtiuInNn us,''r ~" =
| II ,', rr'i" We" SIN ''' u'7e''''' "a ''' "'
NJ I,i,oh ,uf - e,tl ., L.. ,. , a.,
H., az n ", ~ his iii fr. NJ,
sniJ ,,a.,rd- Con ,,lI ,ali, ii ~ ~ :,
n"fnt ho3t,ac }nr tie ,isn of The hotfle. nosee