The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1877-03-05

fiueati ons--no absent lea vess Col. Ew-
Ing made an independents examination
Of the Company's cash books, with, 1
believe, the same satisfactory result.
10. then called upon person who
had assured you by letter That he was
personally cognizant OF cases in which
the Company had wrongfuily Cancelled
non-forfeltable policies. Ihe cases be eX-
hlbited were Of three policies placed IN
his hands to be sued upon IN OHIO Tor
return of premiums paid or other dam
ages. The office, however, eXhlblted
evidence that these same policies had
been la court in West Virgin u, where
the cases had terminated in the Com
pany's favor; and also that, In one case
at least, the Company stoOd ready to
Issue TO the pollcy-holdef paid-up
policy, if he would pay interest on his
premium lien standing over, which
proposition had been declined. L TOOK
no~iurther notice Of these matters, es-
pecially as no new suits had been COM
meuced, either in on o or elsewhere,
upon them, and more especially as, from
my inspection the books, did not ana
do not believe the Company cancels any
policy until the renewal receipt has ac'
tually been returned OF the policy sent
back mot taken"
Il LII
loans upon which policies have been as
signed under the initial premium sys-
tenn, with the values Of the policies en-
tered thereon. l also caused the pre-
miums paid in advance, or initial pre-
miums, TO be entered on the department
valuation register.
IL. then made, with the aid of Mr..
Glover, the seriatim valuation of the
policies in force, upon the rules hereto-
tore stated.
This completed the branch OF the work
assigned 10 me.
Permit me to add that, while every
facility was afforded me by the officers
and employees of the Company, in re-
spending freely to any questions asked,
and in the furnishing of any books and
papers wanted, and leaving me to In
vestigate in my own way, with or inde-
pendently of their presence, l suffered
no little annoyance from outside infiu-
ence pressure. 1received anonymous
communications containing charges
against the Company, two letters signed
by the writer's making similar charges,
newspapers with marked articles cop
led from insurance papers inimtcal TO
The corporation; and daily visit from
person who gave good evidence thaI
he was an emissary from some enemy.
The charges made to me were generally
similar to those communicated to you,
and covered only sucn points as no one
but an idiot would miss. l am pleased
to say that no one OF the points made
escaped the attention OF yourself and
Col. Ewing, if they did mine. Life In
surance Companies suffer enough from
the evils inherent to the business; but
when their annoyances are multiplied
by the jealOuSes Of rival CORPORATIONS or
their agents, or are made objects OF
slanderous attacks from discharged
employees, the evil grows beyond en-
durance.
AS a result of my observation, I can
heartily say that have found nothing
whatever which should impeach the in-
tegrity of the officers of the Company,
or Of their management Of its affairs, in
ternally as well as externally.
Very respectfully,
AUG. E. HARVEY, Actuary.
p. S.-NumDer OF Uui0n Central rein
surance policies, valued December 81,
1876, are as tollOWs: