The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1882-12-15
alcation Settled Up.

When Mayor Low of BROOKLYN appointed the navV
board of Park Commissioners n expert account
art was appointed TO examine the acconnts Of aY
Secretary Frank Quevedo of the old board An of
the business of the commissioners appeared to have
been Transacted in careful manner and no person
suspected the honesty and integrity of the g. creta
ry. The accountant went n with his examination
and has discovered discrepancy of $1,000 which
he reported. his caused some surprise in Brook
lln circles The examination of the accountant ey-
tended back TO 1865. Every year during that
ii it appeared that less money was deposited than
was received. When j. s. y. Shanahan who was
president Of the board of park commissioners he
cane convinced of the truth of the deficiency he
drew his check for the amount and handed it to the
Comptroller.
Decision in an Insurance Case.
Judge Arnoux today in the Superior Court rem
derea decision in the action brought by Martha p
Hamilton against the Knickerbocker Life Insurance
Company: The suit was brought to recover the
amount of policy of insurai ce issued by defend
ant company January 2lst, 1878, and made paya-
bic ID tins city The person Insured died january
lst. 1879, in Greensile, Alabama. On the 12til
of February 1879, the Legislature If Alabama
pass q an act making it a misdeameanor for any
insurance agent to transact business for any com
pany not Incorporated by under laws of the State
or by the Auoit of State to transact business
there On the 9Th of June, 1881, the New York
Iegis ature passed law act entitled an act pro-
hibiting the of this State from EN- ertanjpg
Jurisdiction of actions on policies of insurance
where the person whose life insured diedzn any
state in which a law like that of Alabama was in
force at the time both occurred at the time the
ai, action on such policy was brought. The law
to dlshiss any action of til kind. Plaintiff ut in a
demurrer TO This special defense. The court gives
judgment for the plaintiff on demurrer holding that
this law did not deal with the past, but with the
future and Therefore did not apply to this case.
Trotting Horse Breeders.
at peetls OF the executive committee of the
National Ass citation of trottng horse breeders to-
day. after the election of officers the committee ad-
journed to ms ct early in Januaryin this city when
programme of the Irotting meetings will be an
nounced.
India Rubber Manufacturers.
At today's session of the India Rubber Manufae-
turers OF the United States discus ion was had in
regard to the wat proof clothing trade. Jno. Il.
Cheever said that rubber which recently sold for
81 20 per pound was low selling for 1.O4. If the
prices could be reduced to "a cents for material
manufacturers can make profit. Makers of rub
Der boots and shoe who will close their factories
thu 23d inst. wi not until the price of raw
material 3 further reduced. The stoppage of the
factories will hrow between 30,00D and 40 600
persons out of the United States and Brazil In
Paris there are nearly 20 middle men who control
the market, and they have had the power to create
a disastrous corner,