Delaware state journal. [volume] (Wilmington, Del.) 1870-1883, 1880-12-09
NEW SERIES. VOL. L., NO. "a

| uilt ut put Ill ltlt lthlCu
| put it in, but what 1t was when he found it.
| Just bearing in mind this connection, let
me turn for moment to the alleged libels
On November 2lst, 1878, an article was
published, which was prompted by state
meut in the Baltimore JnAfTtrriteT, that this
company had been driven ont of Maryland by
the insurance commissioner of that state. At
| that time was that article justly published,
with due regard to the public interest under
such circumstances that the conductors OF
| that paper, knowing that there had been an
investigation by the committee of insurance
men of the bad reputation of this company,
the worthlessness of these Dauphin county
mortgages, the fraudulent nature of the
DuPage county mortgage what would you
say ii the conductors of this paper had not
taken notice of u is article in the Baltimore
| Diuierlcriter. and again called the attention
of the people to this fraudulent concern?
MIR. Bates here read an extract from the
| Spectator, an insurance journal in evidence,
replying TO Il question propounded bya corre-
spondent regarding the condition of this
| insurance company and its rumored removal
| to New York.
Gentlemen, such was the public reputation,
| such was the odOr in which this company
was held by the business community of Will
mington, by the insurance companies doing
business around it, by all the agents of insur-
| ance companies doing business in Whining
ton, by this leading insurance journal pub
lished in New York, in November, 1873, under
/ HuCu u Sltlt Oh hlIalIbt lllls huh pun
lished "How long can al open fraud be
practised iii this State, &c 7" Here Mr.
| Bates read the extract. from EVERY EVENING,
of November 2ist 1878, already published
On November 25th, this insurance commit
| tees report was published, That paper is not
| in evidence you have simply the fact that on
that date that report was published. On the
26th and 9th Of November you have articles
| i'll this paper put in to show malice, the one
on the 26th showing clearly that it referred to
do mi ttean
day previous These are articles put in to
show malice every one of which refer to the
report of this investigating committee which
had Just been published. 70 show maliceI 7
| What sort Of paper, and what sort OF an
| editor would he be, when every assertion he
had ever made had been confirmed by a COM
mittee of three of the most reputable men
who ever did business in Wilmington, had he
remained silent. Instead of showing malice,
am very glad the paper acted i'll the manner
i'll which it did, for think it showed de-
cent sense of self-respect
Now, say to you. | do not care what kind
of criticism or my friend, or you may make
upon this. the simple fact you want ID that
this investigation was made and the results
published.
The next article is that of December 1lth.
1875 not editorial, but some miscellaneous
matter in which the opinions of insurance
journals upon the exposure, III the paper OF
the 2jth OF November. of this company.
from these insurance Journals. expressing
their opinion on that subjec
Now, then, we come to January Sd, 1873,
and that is the paper that want particularly
to call your attention to. 1his is tie paper
which deals with what il called here the
white-washing report" and / am inclined to
think that. having got thus far i'll this case,
you will be willing to think there was good
deal of white-washing i'll that report not but
what / think these gentlemen meant to
| 1n right Mr. (Aruetter n
for whom l have as high opinion
as for any mau in Wilmington and he is a
strong personal friend OF mine, but think
these gentlemen were unconsciously led into
all error which they failed to see at the time,
aud they did not thuk of the Importance that
their names would lend 10 1t.
Mr. Bates then read the extract
We have nothing to do Ill this case with the
mutual business of this company and shall
, call your attention to that i'll few moments.
Now, we come to the last item that ID COM
plained of-February Sd, 1879. Now, have
shown to you all these papers. and this Is the
last one. aud all that l can tiud about
the Delaware State Fire and Marine
Insurance Company Is the calling
of it ''concern, that is about all that relates
to the company. it is called a ''cOncurn."
There is nothing else tn It refers 20 the COM
pauy in this article, AMI Ms to what relates to
ANYBODY else has nothing to do with TINS
case, because ave been told often that
we are TRYING only the Insurance company
aud nobudys private character.
Nnw read tt-re nr,I tu ASK 'uurselve. what
wa the rql motive ~ the writer of hem wh ever
ne may have nerll. 'i's heen ploven hetnre you
] ,n'uugh thhr Ihi- com any was doing II stock
sns" s5.- 81 ,s n 10 - ~ Il .qs nr.,era i"Sm on
um, zee nnd sl2O5 q aiI increase "f g ,2sO
1 nine month. NJ -tarnen' Cuppnier rs =
! the peri d. This was while the business of the
! cumpiry 'rtrenled to be- falling I'll 30
4 hrgrv But i hus ,e,eF % -n stlly doing
d urk business sin 1879. thr insur Ct law o nnr
Y1Nt.ga hsstfi atlAl4I
| II "A siUrk hu -itt s- withnni II mas $40 900
i GA iia,yet this conplns has been doing n stock
bn-lursS, not uply u II htuGe Of tine law aud also
4 ~ dfiance ut ihl' com nss oner rnls c'hse Is
dated Ausnst &c n, 1879, subsequent. on per-
4 rive in any prriid "t The at lrs oniphined o.
1 | Yru sc by ih' cert ticale of Nr McF g, under
4 Wricli his company hl- her do ng hn-iuess since
:, rhai Tin thAI Is acting and cense'l, not " do
y -uu thing within he charter which has put
y IA whence here. hcCHn-e II is licensed under
= liiferni uhmr--'ihr Delaware State Mutual
i rlrrHud nlrne ln-urau Cumnin :" -upp0-e
Y that he name given 10 VI by It's am uded
{ Ell rter but II drn,ed l.t hey ever acted under
II naI am ndmenl and 'i .'ihe ,.,,r, ngi ware
II c,mpany" is h., corporation suing here. 1t is
Il ling u stock hu- n,ss d fnce the law
i vhrh provides that it must first have II raptal Of
. flO OuO; II - Iir,D ed u,dcr rame lrh las
hppe in its a arirr, hut, In This very cerlthcae
n icrn-tTi IT, n mutual g mtany aud ar II mutual
e r0mp,n, only / b.g yuu TO ak you sew =. IT
L hi- Z lnna il i-si ng stock pull les nrdr ihe
n Il me VI which ii WIS licensed % do hls lies- l
/ bg you - cnu dri What the poll les are worth,
| i
:, h you 10 der wntl the 'lic' nre wor u. A
y rotten aud war II - fraul.-vuu up ak vt apple
< u% RI ten # th"r * unr bad place in it-hnt you
" can't touch IN = anywhere WITHOUT y kng YOUR
e II gsrr ht ihrtugil IL. will say, II lawyer, here
l. addressing you, I az | hsVe yer grave doubts
d whether un> ne could 30 ect on OF thee policies
@ aud hlsu nv tlrr'su evlden'e twartver licrised
: udIH ~ ct nusm III the Stitr of Deilware.
g Whether il has any STOCK business now don't
l! know aud do Z nr't mud you don't sl'Uw and
e # ~ rir. We hrug the thing up TO Feb. 25ih.
e 1872 there we rrOpit
r ,Uw wn.t ii |, ch rye m de in these aricl $ d?
n | i ply thai III 'cOnuan II ii fraud. Wh I is
a fraud? 'rh ir qus-t u 'r yuu gent einen TO
u 20 slider AID drtldr No Instruction .rom the
l. qu ,iiun. rh- Court wi tot insttuC; you they
II W give III the nav arlu t,h' an " u leave u
" tiy'u II cons der wh is fraud Webster saws,
IL aud -Ay To YOU verN frHnkly, lmhtyNu dealing
with matters uf alN gru lh | are 10 take n'ds in
inuir ord mar, 'iheauce r I'd /. deception
r. ,ir brraie trici c II wi "A vi " To gaining an
n uni Wtul or uuiar ndNauihgr; irtiiicU hy ~hich
y he rishrur ut r''l of auulhet is ltlnrd furious
q, trttHgrm: i'ertif /; riCs--au Hct usIrn-
T. nir tally by wni Ii uuf uul twtul adv ut se
j. sought b gun dece fully trhudu cut
u procedure; adrccptiye tfi'K.
III / nti desired Il, say -umet ing TO yOn Hhout the
lO r cprOcul rights aud duties of newspAp rs and
At dis uss sun her hngs bear M upon hls case !;
At bni thnk you lll take tins view have lHSeu On
IN This subj ct. wunld ke to n We presented this
W w c s,, TO yuu Ia mlre interesting way; but you
10 uhd rstHnd thai TINS IL CAS- which rtuebody
IN has got to nrlng before you. step by step.
Jr l nave not tried 10 mike sp'e'h 10 NOn but nave
IalNcd to uu, c.hivrrs'd Il win u about the casa
l., aHd, hivil one tina To The brsl pt nv ahility
10 npw leave tue case with YOU, in view uf The fact
i tnd Tomorrow yuu will have m Oppuriu ny OF
er hearing slWe pOtits mnrr fully aud plea-iugly
ie explained my colleague who il associated with
ln me in this case.
Continued on next page)
tn
Mt NEH CASTLE.