The daily gazette., 1880-11-30

| Myers"
James Bradford testified that Vim.
Bright invited him to go Into the reor-
eaulzation of the company, and said he
could get for him $4,000 OF stock from
party In New York for $3.50. Being
asked if he had net been told he would
have to put one-half the amount OF the
stock (S250O) into the company, he said
he did not remember.
j. II. Hoflecker, ESQ.,, testified at
length in regard to the adjustment of
some claims OH policies he had held
against the ID. s. r. & NJ. Co. The FIRST
was in 1877, OH policy of $1,000, which
by direction Of his client, he settled for
$500. The next was in 1879, on poll
cy of $500 or $500 on personal property,
| held by the Washington Loan Assocla-
ton OF Newtonia, Ohio.
There was dispute as to tho value
of the property, and the proofs of loss
were not perfect, and settlement was
effected for $3.50. Witness also re-
ceived IL policies from an insurance
adjuster named Louvre, Of Western
Pennsylvania. Some of these were
not allowed, as it appeared the Com
bohJ hoa ioNiiOh bhO dbouICu, III
time. that their premiums were over
due and if not paid their policies would
be cancelled. The others, where this
notice could not be proved, were set
tied, on basis of ten and fifteen per
cent. The company then had no coun-
sci. All the compromises were salts
factory to the witness clients,
Thomas Case, of FELTON,, said he
took policy of 1000 in the ID. 8. f.
d NJ. Co., during the fall Of 1876, on a
valuable stallion. The risk was plac-
ed by general agent Mynich, who
wanted to make it SO, 900 and insisted
on So 800. The horse was lost by
fire, and witness placed his claim in
the hands of James l.. Wolcott, Esq,
OF Dover. He got 1875, and the set
tlement was effected while the Com
pauy was still at Delaware City.
Andrew j. Wilson, late Recorder Of
Deeds for Kent County, was called to
testify as to the value of some land in
Kent County, mortgages on which
formed part of the Company's assets.
The first was for "a, 900, on tract Of
l73 acres, known as the Mckee farm,
at Dupont station, Delaware Railroad
3 miles above Dover, which Mr.. Will
son thought was worth, at a cash sale,
| $50 per acre, or little over $1,000
The other was for $4,000, on the Nloh-
OILS farm, on the opposite side of the
railroad, containing 282 acres, which
Mr.. Wilson thought worth $25 per
acre, OF $1,000. He said the farms had
good buildings and were in good con-
dition.
The defense offered these mortgages
in evidence, the plaintiff asserting
with the utmost heartiness.
Harvey q. Learned, of Dover Hd.,
was also called by the defense, and
testified that in his opinion the Mckee
farm, at a cash sale, was worth $40
per acre, or 5000, and the Nichols
farm $25 per acre.
"No cross questions, said Mr.. Lore
when the examination of this witness
ended.
The mortgage Is were then
placed in evidences by the defense, to
show where VIM. Bright had assignee
a mortgage of $5, 900 on the Jas. Gray
farm, in Red Lion Hd., to the d. 3. F..
S NJ. Co., and also mortgage for 50,
500, ON the same property, to John
| Ferris. Tho date of record was the
same on both assignments, and Mr..
| Ferris was first ON the book. Mr.. Bates
said it was the intention of the defense
to prove that Bright and Tantum both
sWore that the Company's mortgage
was first lien.
Mr.. Ferris, being sworn, said Mr..
Bright agreed to take his mortgage for
record, and the agreement was that it
should appear first on the record. Mr..
Bright's guaranty was also on the re-
cord.
The defense then offered in evidence
She statement of the Maryland lnsur-
ance Commissioner, properly attestedr
as to the condition of the ID. S. F. q
NJ, Insurance Co. 1t was admitted.
The defense next offered the deposit
tions of Jonathan Spayd and John H.
Mccain, of Jefferson and Jackson
Townships, Dauphin county, Pa, in
relation to the value of the 1900 acres
of land there on which the company
holds a mortgage of $4,000. TheiI
opinion was that the land was not
worth more than one dollar per acre.
Dispositions were next offered from
Illinois, the first being that of Charles
e, Rollins, of Chicago, formerly ol
Delaware, who said Myers asked me
how he could get alcharter to start an
insurance company IN Delaware.
procured the information for him, and
gave him letter of introduction tt
George r. Money. !, Rawlins, gave
the company my equity in farm IL
Delaware, some stock, and also pro-
cured another person to put in $50, 0Ol
for which | was to be paid $3.50, 6ul
never got cent. In fact Myers trlec
to freeze me out of the company attel
he had got my equity.
Court here, at $50 o'clock, adjourn
ed until 10 o'clock tomorrow morning
THE LONGEST CASE.
This case is the longest case that ha
occupied the attention of the Court 10
several years, having commenced las
Tuesday afternoon. The defense VII
probably close to-day, and the PLAIN
. tiff will occupy all of to morrow in re
, buttal. The arguments Will occup,
at least one day, and it is likely tn
, case will not be given to the jury unit
Friday morning.
APPOINTED A RAILROAD III I
9 SlCIAN.
DIR. S. Swavely, ofSpringfeld, has bee
. appointed physician OF the w. q