New-York tribune., 1877-03-13
INSURANCE INQUIRIES.
THE CoSTISENTAL NEVER EXAMNED BY THE DE
PAKIMENI--AS EFFECTIVE FISHING ENCuE
SION THE NEw-JERsEY MUrUALS RECEIVER

THE CoSTINENTAL NEVER EXAMINED BY THE DE-
PARIMENI-AS EFFECTIVE "FIsHlNG EXCUR-
SION THE NEw-JERsEY MUrUAL's RECEIVER.
The examination of the Continental Llfe In
surance Company was concluded yesterday before
william Allen Butler mt No. 30 Nassau-st. Isaac
Leggett former receiving teller OF the Loancrs Bank.
testified as to drafts Sl25 900. whch deposited
in the Continental just previous to Jan. l. !s7o Inc
identical paper was Withdrawn a day or two aftcrward
one item of So, coo accounted tor through the
system called eats and dogthat is individual drafts
were made on agencies throughout the country Charles
Hough paying teller OF the Loaners Bank on Dec 81,
1879 testified his recollection of drafts for $1oO0o
deposited at the close Of thai yc and returned against
check soon terward H. V Styles cashier OF the Con-
tincnta testified that he sent III eats and dogs" in
order to make up the appearance OF large bank ac-
count During his seven years connection with the
Continental, Mr. Styles hud never known Of an
examination of its condition. Raphael j. l0scs, Jr.,
testified as to his Intellectual efforts in securing the
presence o. H. G. Frost and Luther W. Frost at this
examination. II not known where they were
John j. Anderson stated that when he came into the
company as receiver had never been examined since
its inccption He had learned that Acting Snpcrin-
tendent Smyth had come to examine it, Out that Mr.
Frost and Others had taken him to Barnegat on fishing
excursion and on his return he was very much fatgned
90 the examination was abindon-d Mr. Anderson sald
that the day before giving hs reccy crshp he sold TO
termilNc ~ Co. Dfltcu otatJs DOh7 W 'lO w
81 s3 800 rs they going down. He had sold 10
bonds for Mr.. Noyes to VcFmilyc Co, and PAID tne
money iltO The American Exchage !thk 10 meet ioe @
made by Mr. NpycS Tor $4,000. blr. Noyt' had Dor
Owed money from the American Exchange anu lf. Az
derson inluiScd his nOtc iIe did rot kLow that 3lr'
Ntycs had exhibited these bonds - the property o. nc
NeH-JcsSry Mutual or that they belonged TO the COh
tmentai LIE. ,.. I.
and William Gcasa agaust the NcwJcTSey Mutuil LIIe
Insurance Company Judge Lawrence III supreme Couf.
Chambers Yesterday appointed Joel Parker, receiver Oh
tuc NeyyY6r!g properly Of the company on MS giving
- 600 bonds. The complaint in THIS case Is ldenilc'i
with tgat o separate sui of MI Grlea, the suStlcc
of vnicn has been already pIb5Lcd IN THE RIB NJ 'N
cent that few words ael al 80 as To make Inc -
n,yt. neral of Aew-jcrsey party plaintiff me apiu
eaton the sit oi Mr. G"aSa witl c same obJect WAS
adjourned 10 March 20 , ,,.,
Recent information from Benjamin EOyeS, lrIsdat OF
,hr Na. iou1 Cal4to! Life, which rcnsHrtd the New
Jersey Mutual is the effect that he Is improving, ana
viii rlro ably be able come 10 the city III icW daSs
n - tt.Iy. an lIlic1hlc adjustment OF thc dhtHs OF
NE Ntv-Jur.ey Mutual will be Effected very soon, oy
when The coniauy Will probably be placed III position
to 40 bu-ucSs AGAIN II T. stated That Nr Moves vi" CO.
olrtlc with Mr. Parker the receiver 10: mat oiect
N my r. Picr.Gn RE receiver % the NOIth America,
uariau Mutual several Other COMPANIES ihat nave
1,ru n,urcd by hc Universal Life, lid not arrive III
ia, city ytscrl IN lnc To take possession OF thc com
pnes. The examination of the Universal Lie Dy tLe
insurance Department Is SUI IN progress.