, 1877-07-01
CHICAGO.
INTERVIEW WITH PROMINENT L1FE-INsURANcE


CHlCAGO.
1a7kh'1E" WITH PROMINENT ,9.n I1FE-zssuRASc
"1ou have givcn good genera, out,iae of III
Charter Oak troubles, hut if you want to comp,ct
the sketch can give you something that will be q
service said A prominent life ~fn.nrance man IN
Tp,prrv .oo,,tor ,,t,s 49, t.,.r ras...,,a m,
speaker, it should be premtted, is connected wit
the home Office of one of the large conscryativ
Eastern companies, and, having kent track Of IN
| .,.nn,o .a.,,..;., .,...x, s'N ~ -
ane a.1, sonpa.s s"nnse,u' n's'oIlee 'o1 years
il in a condition to know whereof he speaks. o
ton vcry similar tn the fol,ow;nr mr. took a1,,ce:
! ..r 49, ar+ .7. :, 80 - 49, 80 ~ 49, t.x.
ss n..,sI-s 1a " -. o4 .'. .uu n1s'7 u"
SET HIS MIND ON HAVING 4 RAILROAD.
| n.1;va5 aoxr tho f.,,,.c+,rr+ 7,r.- y.,v ,,,,o
from usrtford M nnt ~ !, xas rather % ,ncanrcn,cn @
for him to 50 down by boat, he conceived the le:
Of opening a means Of T. communication bctwcer
3 At s a ss
r4ngemunt was as follows: ihoy drst issued inst
they borrowed on the second-mortyage bonda
| from the Charter Oak Life over mill
len Of dollars, on which It is
| prove remunerattve, The profits would not pay
the interest on The atat-mortgsge ln bonds nd 9f
vafuelcss. 1t Is pretty we'll known thai the Insar
ance Department Of Connecticut notified the Guar
ter YAK people that II they presented these second
mortgage hohas as assets in their report for Dec.
81. 1e1t, they would be thrown out Well, just
here e. wen .sa, xao,; .r.onn nv ,,v,. xoav
There lived in the latter city one Edward Matthews
"a gentleman who had sunk 20 much money in
building the North Carolina Central Railrosd rs
nunbef Of CREATORS who threatened m lin 's ,visa
a little ,noney *nd these bonda for the supposed
the charter Oak and Mutual Life alroadE hold
mortgages Tor over 81, 200, 200. The trade was
anais eonsntn!natsa' IN some way Q. ot1er, ana ~
Gnt and New aorx It Maa @ var to aaxe n
these pfopefnes APPRAISED: 90 as 10 eet 81 en ON
man VINO va! iotmeris e IN olneer IN i1er1nsnf M
ancs company IN NV 1erk n9d ,G3a who - no" sa
the fact that the company with which he was
formerly connected u no" deianck s9a may nave nave
some tdea a. 70 '9s xaluG ts Of h,s Gpmons
was made IN. and . the oEieial valuation
obtained. a. tie last session OF TIE connecticut
, cnsstr u!oynp NM d2 anesa
Commission to investigate tho Hts com com
panics o1 1nat saats, WIN rcgHro u l9sIr
aeset. Ihe cha1laaan OF tne commission, Mf-
a1oh4 "As formerly hssislant SECRETARY
oi me na'4. saNt.. nno ~ns,,x .me Stns Stne1 ~
noemoe5S ase Een.'e"Gh VI eaua fh X. ,anas
nS a' Il %s 'Rs aSs
and thcr conclusions arc based on the most son-
YORK" ''O'- '
na1 ao ron Emo" aoou1 'nas NC" aotA prop
cry o. M Mattne~s ti y; ,h .h..o. ~ .h.. ,ona. y
was currently reported that the property e.
changed was ""ftn ont AttIe da?r more ni,a tnnn
tae mottSases .aen aP1n Ja;+; y; nm's leaiH
but rather Weakened It ny loading 1t up with real
estate In taese & a1 mmes lne.r trn1a rh n 9a's
PROSPECTS OF PULLING Thhoueut
ACCORDING 70 .ne !aM " Sonnse@.eus - tuo
tiopsqv whsther se't the be paced IN ttc
aanos Rnt fhe 5n,narnenf T il more
than IS per cent the Insurance Commissioner
must apply TO the coaIss. ana tney nnss % SIoT1A H
Receiver e ee 4ppo'nteo ~ 'ne r,1s ,ts' es.ets
cember. tsto, Inc CmPang et,at uerc s1a III
* a. TakInr from tbs he SUN Of s.. 2oo, 00o,
the dchclt now a'scoseIea ~ taets E1oss ;,s
ana inc 81 o. snn iii haxe 1eft
a. nct asse ~ 80 Luz. nh;f;tic ~ tbe
ing 70 10 Enle tcpo.." 1aa vItt 70 W r,hat
Vii iii SHOW % @ You aSout Where IT, Company stands"
bus II was Popa!aEly sappo.eu tla'
nhh Ssm aa aAMAghmnsr 1's.a 1'aragemen1 m The
81 Cd toe one nn .nat in other wor. thtnss wcd 20
on s~ann'nS q 1s; ,.ct tnet the vi: come
In view Of th'5 1ac., hnaL tne S9lan5 "i4- 'one
ont e0nt 1e'rg naeag T wireus originally
came from Maine, and lived tor several years IN
Hi record g 6asefs man aoss
auy Of the enterprises In which he engaged. In
lie 1evela,tons1nade through the Investigations 1t
lat wntc the .st 10 Of tue ee
II ST., 500 AZ = consideration for his services In
s1ectins the resignation Of the former President .
md The election Of NJ; Wgelnsw Dit o, tnt l.
, particularly favorable light.
Bpt what Aoont fu1oeF, the unane1a' n'"a-
.tTbe Universal, Life, of which he is -Presi
lent, is at present under examination BY the In.
'urance Department Of New YORK.. The result of
n hn 0Iaced on his opinion as a financial man
ger"
nwHAT WOULD TOD ADV1s8