, 1877-10-08
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INSURANCE.
ABrace OF lmpecunjous Insurance
Officials.
Why the Brewers & Maltsters' Cow
pany Became Impaired.
The Commercial llhion Of London Tases $lso,oo0
.~rurlhef Developments Expected.
spteta, Corrt,ponatnt3 " The Tribune.

,. /. The ttscoverv M a tnnsi,trrai,le ttrtn1ca-
.,.a n ,,,e accounts of 1feases A},Iaer q Bro,
,,.nnJ ~" str,c, Mnuauer. of tho Commercial |
1,',o,, Insurance Tam tunv. Of ENGLAND, md tho
ouoa o..,a,,, NJ ,,,o can,tat ., thc 13rcwcr., 4
lmpa.ns". y. wv r,.""s p. 49,, ~ sar,r.
AiatstcEs' insurance company aha INC 1elost
that its Iatn lresldcnt1 VT. Charles W. stah-
dart, 10 short In Ills cash account with tho Com
p"n! :. as,t ,,n.,,atatn,v c.nnoc,et IN ,hr,n.
thdnEn "os iu''ne.'.$e'y .,-n.,., ~
seITcs, arc. kho"n ~ hafe oee" psesipss"sso
through the losscs and apcca'at!oas Of ne par
~,,,n,. cnnrerntpr both the parties for several
famo' .is .ss,,,, ,,o. r.,i,ah,r ~, rct ,,cc,
.7ccks, a'1a tHe teu'a NAY psooau'y ~ ,,,'is,
AlIigcr, tho principal American manager OF tl.e
t,,,u,rrefot Eniou. .udt1eply started for
1...a,,c nm, tmnc,,,atc1y thereafter tho
L"'op''' o."s,o - ~ rn1,o~ I,r.,, ~
WIZ furloutly. few days later Mr.. s!andart,
'., WIZ 80 ,,',,ron,cs eu,cn,y removed lila o,,ro
nHc"ey s>' '', :. .1sM:..s, -, .'... ,o"a
fru" t''s pfe~ets " T' S'al's.ess ~ ~" usa'
tiun on Fine Street, AUS gave rise 70 thou-
saud fresh rutnors, out Of which only this small
fnrt .ceo,cl certain, viz: that Ills retirement
from the 1'rowers' L Mal.stess' was not So'nn,
lazy. -..
rnn' nnEwsRs' MALrsrERs' IMPAIRMENT.
About fortnight ago tho New York fnsur-
anes u,uA, .,o c"",,arr 1n,, .,i."n,arc1 ,hat
g" ea'' u'' Nv So"rs3' 1. as.t., "mu IN g.. ",
It's enpttai was lmpasfeu hsa,'y w per eea'.
This conclusion was feaeheu ny throwing ont
securities. though 1t Is probable son,ctlsn2 witt
he rcal1c,t trom them. Tho muttcr ras htlshe.l
In and was nut even known 10 tho DIrcctursu Of
SS GGeay at A fs Gosns ss ns s e
on provided the Directors resolved 10 iuake
s"oI m tho Impairment At oncc. In the course of
fii1is Investigation It was discovered that tho
s,tlou5 which be ha'i received % aecount Of in
nset' @ IN With hIs Individual anu avcnuy cash In
t!v Iuoscst i,anncr. Tic Cumpany will pruJa-
yon,l ths nothing Is nj present known as TO tho
iutuyc. Thr Cotnpany's stuck Is wI'lciy dis.
triLutc,,, u,N as ts'anic Indicates, Thy Conpany
a largely uwnrsl by brewers anil their friends.
II Is understood, Henry Causcn, vi th!s city,
vrlt.knDwn brewer, Is tho largest individual
stockhollcr.
Mn. STANDARDS AFFAIRS.
oeas TIN t III Me toSn as 'sS ta. fsts II. 1sy
~ .lti,Irlifos hayu been lucrca3ip0 for long
t3uc. liz was reported SONS weeks ago Is
owing the Western INSURANCE t tConpany, Of
in4y UtSS' takmn f from s1 lin NJ and s plaee IL o,her
iands. vcn liz seyered l.ls connection viii, Tho
Hrewc,s'. IL Is well known that ha was lnlxcd
manly np nj I ca,leI "ktiisg,A With Mr.. Xliiscr. Tie
. latter was Director OF tho Brewers, t. Malt
stcrs, Company, md parties WHO woro In the
habit Of Going in and out OF the Commercial
Wn|ou o.iico lave often remarked .he prlyato in-
tcrv,cwh between Nj. Alllgcr and Mr. Btaulart
Tnrv wcre nlso Interested in tic E,np,c
ynci,,lm brake Cnmpany togcthrs, Standard be-
ing Treasurer and Alliger Secretary u tho Com.
cualt was nut into tlte utnko Company, but It's
nntc.. indoracT Ly ataudart anI Alligcr, wcro
uitcn IN tho street. Mr. STANDARD has put