, 1877-08-14

Nil. DATts. ~
anothcr mcn,he5 of the Committee. sail fEa!,
b.. ANYTHING Init bankrupt. but thc Ntlesttonf
was whether It should remain In tt,e hands ~
currtIpt officers, t,r hr delivered to hccciscr ht
their el'ee Or c rase1 ~ tne .,,rsa ,,uf IN, NJ ern
decided upon, and there was cycrr reason 10 ~
encouraged. Mr. Davis callc.l attention ~ t''e
fact that Hive new Incnters of the Boar! ot ~.
rectnrs would be chosen to-day, and suExestet thc
propriety OF the meetings. senlnQ telegram
10 Prcshicnt Jewell expressive Ut tta tcnsc maj
nutc but good men should he chosen. Mr' ,'as1s
tntlnrscd without hesitation the views exptcsseii
by tho other members of the Cnit,mittee' anu
mas disposed, fur several reasons, 70 take Tery
hopcfui yicw oi tho Cotnpauy't future. lie lla.l
met the HIM. EIszur Wright, tl: w.li.known
Actuary. while IN the East. a'"! All; m,sntn r.
could i,c made tnsI,fc Vi three years u st'una
ani stable rs ans con,1any in The country s'tnl
ly by fu,iteiu,ls management anu stcll roIr,c a.
Ge be ressty elySx Ss e =. ha WIS
orain, but he now thought there was no chance
for that. lie woul.l advise the Insured TO Keep
i" they '"s "Tsoul lose ali tiley hs! pa. IN. 4 year
wul,1n surely tell what the Cot1IpanY's future
would bc, and tho policy-loldcrs tould nf1osti to
rsk one premium. n his o'M!S, ,"vves. gEtf
pcrity fur tho future Wa. assured.
MR. WELLS.
the agent OF The Company. said he had atways
aimed to be frank With thr policy y-ptlcts III aii
summed any Of them, !!c lnnesty believed IN
missioner made Ills .dlseuscrie*' aud
sfr ta s, s he ssss sesrc y e,etytpR ri %as eos
On ail right. liz lad even tlunlght furbes
wo,,iti he benefit to tho Company, and letters
received from tho insurance Commissioner s1t-
formed lin that the Company WIS steaa'y tlh-
1fNtr IT. HtIGI
! nolhy.ltollcr yo,lrled for Mr.. Wclls' moral
stFafElltncss.
Dr. Ryder sail It must he remembered that
thc facts reported " lily C,;tnittse "ese many M
body who hiin't believe Further y %. to be
alcpts iu thc art Of making crooked things at'~
pcar straight had lest interview those gentle
III. lIull said he intended 10 east no imputa-
| tim at, A1r, Wells, wlhj wouldn't wrong snAn
a,,y s,ore than would Mr.. lluli's own child,
now in Heaven. .lArrlaM,c.
The report Of ts'e Committee was theh
adopted.
On mutton of Dir. 1tull, tho thanks Of the
| npltcy-hol.lerk wcTe returned to the Committee
Tor their faithful work aud honest, straightfor-
Sir. Downs then offered tho following, .wll'ct,
| yas u.luptetl, aud will te tcfe9rapheA eubstau'
| tialtY tu President Jcwctt tptlay ~ the
| OPINION uR THE CHICAGO roLtCr-HoLpEhs:
Ek.o,rvd, That We consider II Of vitul lmpor-
taDca that In lllnK tEln sncatlciea now e1lstHg III
tho new 3nsrl u Directors gentlemen ahonld he
elected who ase well known os h"ncst and cnpnhle'
| aud r.ptc,alIY those whu arc free from any cn-
| tangle1ilcnt alliance With lhd former muuaRerr
| Of tho Company.
Mr. Hull advocated the proprlcty Of having q
| Western man in tue l}uurd.
Mr, Sherwood favored this plan, and also had
d Recommendation tu nuke enicerntns, the cut
ting down of salaries. Fur instance. said he
there was Judge vaa Higgins. the Co,upany's
iina.,ciaI agent In this city. who was receiving
fl9,UOJ yenr. This was ai1 wroug.. anl there
sfu1lu he u vigorous cutting down all arlalnd.
str. 1Tuli put Ills Thought ab0it havtng {
Western polley-hoidcrs In tho form of motion
which was carried.
| A committee was then appointed to collcc
funds to pay the expenses atending tho visit o
tho Co.utilEttcc On Inquiry to Hartford Th
meeting then adjourned subject 10 thu exfl o
tho Chairman.