New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-04-25
THE STATE LEGISLATCRE.

COUNSEL TO BIZ EMPLOYED n TIE MANHATTAN
INQrIRY-THE RESULTS OF THE INVEsTlGA-
TIONs INTO INSURANCE RFCEivFRsEIPs IN
Fooled ~ A BILL-BIENNIAL SESSIONS.
ALBANY. April 21.--Mr. POuchor, the chair
man of She Judiciary Committee" requested the Assem-
by tonight to grant the committee authority 10 employ
conn sel while investigating The charges against Judge
Wcsthrook and cx-Attorncy General Ward. Mr Poucher
said that Attorney General Russell stated thai he bad
many important state cases to arCne that he cond not
act ~ ae committees counsel. The Assembly granted
Mr. PyIchcr's request by a unanimous vote. Mr.
Pouchor at once tolcgraphcd John L. Parsons
and Albert Sckucy vino conducted the prosecution for
the Bar Association Of -YOlk the Legislative
investigation OF Judges Barnard, Mccain and Cariozo,
who itor~Ard impeachei Is the result Of that III
vesiigaton The names OF Francis :. Bangs aud Gen
cfal Francis l. Barlow have also been suggested TO the
judiciary Committee.
MI Pouchcr states that the committee viii take tcst
mony daily. Tomorrow 10 IS probable that Assembly
man Roosevelt viii gYo mia testimony. Some moro doe
umentary evidence submitted to-day. 1t
is expected that the committees
Investigating the acts OF receivers will
furnish evidence bearing that part Of the
conduct Of Judge Wrstbrook relation the appoint
meut ~ rec oiyer- and The testimony taken is
being print Ell IN haste Tor the use or the Judiciary Com
Mr Chaplin the chairman o. one Of tho investigating
committees. took occn-0n TO say tonight when Mr..
Craze proposed an invests CATION Of the Iec,yership Of
the American Popular Life Insurance Company. tuai the
committee Intended If no further work was assigned to
hem to repOr, his week. he said that the character
aIc defects Of the Insurance rccoiScrsh has already
her" SsEe!ored, Mr C.an , s'}r1ed ,has sr,. ne
Life could be investigated III day. Tho Assembly
passed his resolution adding the company to The list OF
Mr. CnApu ihen stated that the result Of the work
up bill for the correction Of roceivcrsaip abuses This
bin had the approval Of the committee MI Baker tnon
1t provides al the property, etc, OF any savings
BANK, trust company OF insurance. company Ve0!rd IN
.ltu hal rreI nd he
following officers ~ temporary receivers u "ynsS
bank company. III The sup rntcndent Or The
superIn at Insurance such temporary receiver
is directed within ton dave after hi. appointment
make FULL detailed report to the Court OF the assets
and liabilities OF the corporation. \ meeting 81
creditors shall be called and If they
shall fail 10 elect permanent receiver
The Court may in as discretion further extend
and enlarge the powers OF the temporary receiver. Re-
ceIyers directed ~ make full and detailed monthly
Iopors 10 tina Court aud may be removed al any time
application signed by al least two-ths OF me cred
itors number representing twO-thrIs Of he laDuics
OF the corporation In all actions or proceedings the
Attorney General Is directed TO act US counsel for tho
receiver without extra compensation. Assistant
saioh u 10 nAed D. mo Board Oh A1I@ An ouers ot
Court appointing receivers shall designate one or
Of ef'' depoait FOX tho fund, and securities Of
tho corporation, to DO situated III tno Town
necessary. Receivers to be paid executors and
admins raors, but shall not in any one year receive
MES shall bo oosod mp within year II tho appoint
ment. except that. upon application TO tie Court eAteI
AMI all litigation growing out OF receivorsps
shall lave preierenoc Oh tho court esiendar decree
OF nna settlement shall DO issued By the Court until all
and convertible crh assets snail DO realized on and
tie proceeds distributed.
TGc Assembly debated for some time Mt. Bencdcts
amendment the Constitution providing Tor biennial
sessions of the Legislature. Mr.. Benedict made tho
arguments In OF this amendment the saving
money the state, the unnecessary amount VI eg1-
latOn etc. Mr. MoC.eland assailed tho bii declaring
that ia comforting upon tho Governor the power 10 call
extra session II dangerously enlarged MS au- |
thOrity. MI. AyCTd supported the amendment, !
arguing that Ur the present. legislation could bo
TcegatctO boards OF superyisors o. tho several cOun
ties Mir Chapn also supported hs amendment saying
thnt he had been rufprsed Ind that only Statos
now held VI their Le1slat MVst