The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-13

WHIT 1T COsTs TO KNiMiNE LIFE IN
NURiNCE COMP INiES.
Progress OF the Trial of superintendent Smyth
A Paper from Justice I.nndon-Tcsti-
mony of Lawyers mud Insurance Omcers

Progress OF the Trial of superintendent smyth
"A Paper from Justice Inndon-Tcsti-
mony of Lawyers mud Insurance Omcers
ALBANY March l2-The Senate resumed
the trial Of Surerinten lent of Insurance Smyth
at 10 O'Clock this morning.
William T.. Calkins Of Ticonderoga was called
md sworn Was County Clerk OF Essex county
for twelve years. Is now dealer in real estate.
Know members Of ex-senator Tobcy's law firm.
Was employed by them last year looking over
tho abstracts Of titles held by the New York Life
Insurance Company. from June II until No
vcmbcr. ut their Office In New York city. Waldo
spent two or three hours n day for two weeks in
the office overlooking and advising about ab-
siructs Witness thought there were about $500
or 2 600 bonds and mortgages examined.
On being cross examined he said the work Of
examination was made MS thorough as II they
were never gone over before. Was not paid in
fun for his services.
On direct examination witness testified that
he was to have S. day and pay his own ex-
penses.
Martin n. Conway. n lawyer. was next called
who testified TINT he was n clerk In the office ~
Harris Reynolds for ten years.
Mr.. Hall. counsel for the state, handed the
witness the s2i 900 bill Of Waldo. Tobey X Gro
yer. and asked If the bill was In Senator Harrs's
Counsel Tor Mr.. smyth objected. saying that
the matter, could not have any bearing on this
ant with amy action Of Senator Harris.
Tho Pres dent ruled that the evidence could
be received.
William +. Ru i'tij Of the law firm OF Harris &
Rudd. was then called and sworn: l. 20 yenrs
old was admitted to the bar in 1875 Fred. Har-
papers eNamined by his frm were those Of Ne
Atlantic Mutuu Life Company 81 Albany; the
next WIS the Universal Lie Of New York was
engaged about I've weeks at the office OF this
company: next examined the Manhattan Life
Insurance Company: the abstracts in some
cascs were not signed: NEXT examined ihe
metropolitan LIE. and then the iiompopnthic
Life: next the Globe Mutual Lie: am still ut
work on the Knckerhocker Life Insurance
Company nndc out all the bills OF his firm (;
they were made out on basis of onc-eighth Of
one per cent did not verify any OF the papers
in the case OF the Universal Life; made u de-
TITLED report TO the department OF each paper
Thu following paper from Justice Landon was
admitted:
When the order Sept I 1871, in the mater OF the
Atornc, .,n,fn agaln.t the Universal Lite insurance
COMPANY Wa applied Tor my attention was not called To
oi'ioa IN regard 70 II Inave never given any opinen
IN regard the; point Other motions IN the same pn
/ crtdlug occupied most oi the time during which IN"
counsel onga.c,i in the prccccdins before me The
'C%y exsaa Sf' &, he COUNSEL S and aided po,t
BY some succession bv nc wa n understood i. .u.
stated ~ counsel that the company required ~ law
"a {ia SpI tie sC T and ina he Ia"
wS. moSasd '' NSs wss .aG ' s,DT aI 2S'
amount OF those tMensc',r Or to whom lNt "ol.
IN te discussion not as reeollect then ne ,,nied
To- me ,"r ,ltphinfr, nnt wa. n,,s.i oi W. rsss
incurred D., the Insurance pcpartncu or ihc nrst unc
Wa ' esSeo s f ta, .aod aad ,6o.c ac'c. Want
ed to know mo-, soYui 'hym ,!spN Wa, ,a, WE
that thcN were subject 20 hi audit ant not L. MAT w N,
mcn aud ;nat tie deHsftncnt desired n, order Iciini
une their payment The "rrr pie,cn,ed To- III. 9r ~
lffrp he a
Deputy Superintendent, Insurance \ the other part
approval 9i The department. AMI was asked Tor By the
company 'iencd the ories
Morris Franklin. President Of the New York
Life Insurance Company. testified: The in,
vestgaton cost his company about $4,000; had
no personal knowledge of Senator Harris re-
u rumor TO that effect; did know thnt n chech
was given 10 senator Harris for 1000 rs u re-
tanning fee: did not understand that. was ii
reference 10 this Investigation.
William II. Beers. Vice president OF the New
York Life Insurance COMPANY. testified Mr.
in June. and the examination of his compan,
BEGAN Immediately thereafter.
pcns s sGe T from the sss "r With ' Iii
were rendered why was the $4,000 paid to Sen
Mr.. Smith. Of counsel for Superintendent
Smyth. argued against allowing any thirt
pary's name being introduced IN this way. un
less they proposed to connect II with Superin
The President decided. after some debate
TINT the question could he answered.
Witness said the payment 10 Mr.. Harris wa
in no way connected with the Insurance De
| partment
Hecess untll7P
The senate resumed the trial Of superIn,en
dent hmyth soon after O'Clock. MIR. Beers
Nlcc-Prrsdent OF the New York Life Insuranc
| Company. resumed his testimony. Counsel 70
the people asked tue total cost OF investigation
exclusive Of advertising. Counsel for Snperin
tcndsnt Smyih objected. and the Senate directc
that the question should b. answered.
The witness replied: Between $50 900 an
! port and gct IL through the department.
aiOr Harris in November was To- help throug
that report Ave did So consider.
Comptroller O.cot, testified: seventy five thou
sand dollars WIS Appropriated in 1877 for clcr
hire and cXpcnsrS Of the Insurance Depart
pcrn,endent Smyth with Mr.. Harris in refer
cnre to the charges IN the bills.
On cross-rNaminnion the witness testified
Have not tnikrd with Senators Of the merits {
this case. Visited New York. and talked wit
several persons there IN reference 10 the merit
of the case Talked with Mcs-rs. Beers. Franz
lin Manning. CHlkns Of the World. BIdwell
THE SUN. and MACEDONIA OF the Telegram.
John \. Stoutenb"rg q lawyer. Of New Yorl
test fed | have had thirty years practice
New York. mainly with reference 10 rral cstat
Many lawyers max. a specially OF eNamnin
| titles to property. Five or six thousand dollar
i would have been liberal pay for looking oys
. IN. abstracts of titles Of the New York Life Ii
, surance Company.