New-York tribune., 1879-02-28
INSURANCE COMPLICATIONS.
prc,cr,Trov or TIE rREEMAYs.

RESICNAIION OF HE IIbishA-N''
THE THREE MEMBERS OF me FAMILY RETIRE
FROM THE 6! g-lICGUAt-fREDERiCk A. FREH-
MAN UNABLE 10 aEcUEH'nIS RELEASE FROM
ARREST.
Jrd,,c Dopohue denie Yesterday the motion OF
Frederick A. Freeman, tho -t brought against him by
Henry H. Plcrson, receiver OF the Guardian hniuAl
Life 10 vacate the order of arrest or reduce the ba
Judge Donohua sayg: s the proof stands II is posi-
statement that defendant obtained from the funds
Of the insoten company S25o00o II this Is trne ana
no good reason taking the money from the company
cx.ed until II, tainG explained think the order
should stand"
Tisapp,cltion and decision rested soelYon the plain
TINS papers, aud the order made was without prJ"
die, TO a new apnl.cation At % later hOur william
Man. on behalf Of Mr. Freeman. obtained from Ju"ge
Donohue an order show cause, rcurnabie on Monday
nc1 based on affirmative aiday.ts for the defendant
which were at once taken away from court to be copied
and served.
Mr. Trull. counsel for tho receiver as wen MS MI
PiCrsOn himself said that there WAS nothing ne" I'D tne
case and Mr. Pers1n was very emphatic Ill MS state
III mt that his proceedings had nothing to do with the
difficulties OF tho lobe Mutual Life Insurance Company
He uas he sald simply trying 70 do bis duty to the
creditors Of the Guardian and other companies OF when
he receiver The concurrence of TINS with any rro
ccedmgs the AttorneyGcnera might be taking In rel
erepce TO the Globe Company merely an accident
At the regular monthly meeting Yesterday OF the
trustees of the G0bo Mutual Lilo Insurance Company,
there was full attendance and protracted discussion
OF the affairs OF tho company. All the members OF tho
Board present cxceptth Frecmans Appleton Stur
ci relation by marriage. and T. D. W oosey, VINO Is aD-
the city The resigndtons Of Frederick Atree-
man a. second vlce.prcsdent and Of James NJ Freeman
as trustee were received and accepted. Tno resigna-
tion of Pny Freeman rs president Gnd trustee OF the
company was rendered through his son, Frederick a.
Freeman. now under arrest, VINO claimed TO nave
authority TO act for his father The manner of tho
resignation brought out lively discussion among tho
members OF the Board several OF whom doubted tho
validity the authority and the force o the RESIGNATION
P,iy Freeman u said to he lying dangerously III at
Macon Ga and TO DO unable that account TO offer MS
own letter OF resignation. 1he resignation OF the once
through his accepted, however by inc Board Oh
Trustees subject to the approval OF the AtLorney-
General The result Of the action OF inc boaru was
trlcgranIed M once 10 Albany and by letter sent to
Attorney General sehoonmaker, who was yesterday III
No election Of ofi ers the vacant positions was heG
YESTERDAY and Il was said ?teIWard BY members "t
The Board that no altenpt Wou:d ue !i'ut ~ m m % ~
I'll TIE vacancies. Tie dulles OF p'flHenl WIZ oe pr
formed Nv the t.r-t yicC-pres sdcit George l9iiI"Id
and uutil the affairs or tEe c9n3suy& & slLi M pi Po ~
q more settled condition II IS probahie thai me Boal,
resident viii not hinder - said the practical work
uf the office iwpai the LEGALITY ~ "a acton
Among other matters d5ca, 'd al me n.cung }csIC.
DAY were proposous 10 abolish tie oihre Ol second
'lc,-prcsdeut and 10 reduce ol4,. We TIC l
me eomneo} o A,ier eO-''''"''' '''''S'N
Mu,h comment was made yestcrday upon the fact
that Frederick A. Freeman whsle Welding the position
ofscrgrJ ycc-pItsdeut dill not n that 81 trustee
After the mpotinc II thu tru-cc3 "yadcd carefully
any aus0u to tLi, aspect u the case. hhth bsAru
any steps had been taken by hctlustccs 10 prevent
subsequent action on the part Of Tie Irecmans oY
means Of the position trustee held hy fiedcllck A
Frccau and of stock held by HIN aud lis relauNtS
thc officer replied tiat tie matter would bc acted upon
h Tho trus.ccs At the prcper time In regard To- the
ahp'.smcIt of Tie office ~ second Nir'tsu' ~ u was
ly the the C'upGuy th"t III luStc' 10
lredelck 4 Freeman, who haG nceD elected recently 10
fsc poyt!on ie had fIpu.aicd at tie time that hc
sIoud uot receive crup-u FOR the Onicc which lie
accepted wholly on h., tJti'.e account.
ACTION or TIE ArrOKNEYG GENERAL
lBY TELEGRAPH 10 TnE TRfnCSf.l
ALBANY, Feb. 2T.-Attomcy-G General SchOon-
maker to-day returned 90 t!s c,ly from Washington
where ho hat appeared before the Uaitcd States Su
lrcmc Court 10 relation 10 f,oUdy sIr between Con
ueccut and NeyyYork about their boundary lire. The
complaint concerning tie mi.menaCcmcnt Of
the Globe Mutual Iie Insurance Company
uas submitted to hjm by his clerks. VINO
had prepared 1t during his absence. The
description OF the compauys condition given IN repor
OF Mr.. Mccall, the Deputy Supcrn end"nt OF the ln-
su.auce Department. IN May last and only lately made
public Al! the facts in ths report were recently giyen
in TIE TRIBUNE. In The conclusion OF the com2l1iut
tno courts arc lsLcd 10 Issue an order on
the officers Of the insurance company foT them to $40"
cause why they should not he removed for their MS
/ arrangement O! thc concern The AttOrncy-GcneGa
was informed from Ec"Ior during the day tha' PHy
tca,au ar his sc;g who The Cuisf officers Of tn
rororarlv hu2 resigned their positions. II is probable
o.. Yclu"o. that the complaint VIII u1t DC s'iNth
! and that the colGu3uy VIII DO permitted TO
go its unmoicst"d. The ONLY reason
ra,uaiiing TOT unE'I tn" complaint ~ond he 10 com
officers OF the ConpfnJ 10 resign thCiI tfl.ts