New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-04-16
LEGISLATIVE COMMITTEES.
ppcr1vERs OF INSURANCE COMPANIES.
my nv oy JANIS W. Hustled. R. j. Muses.
ISL -, ,5 UICKHAM AND s. II. HCRD.

..,o~y or JANIS W. hOsihp' n "' '
- " r. wICKHAM AND S. H. HUBD
rho sneclal committee OF the Assembly
lu0 .tcating insurance receivers continued ''s
when ... ,fe;ropoltan Hotel yesterday. Assembly
To'A - Erwin welch aud Haggerty were present
men W I.aes " Hustled the first witness ana ~
''"1.o,ned by Mr.. Erwin. upon whom most oi '-'
was - comm tee has fallen Mr.. Hustled was sp'
sr,e Of the National Life insurance COMPANY
l'.',,or ISIS. TO find ont who were the proper ~
u m the ,nl deposit with the Insurance io
som, amounting to $l25.O0O. he was aQpoheu ~
par ,,nr,ok on the application Of Superintendent
'U' .bout three months after his appointment Anu
sn'~' Who had death claim against the company So'
~ s,o.ion restraining the witness rom GOi-o 'N'
~ t,b his work rs referee. Later he was Apto"'N
vs. br Judge Gilbert, to ascertain what her iIsH'S
70, NJ other poIcy holders were. Very IL" poAc"
anu AIRED before lin ia person, most OF then
ted bv attorneys. some pohcics were
pe'Ah y. or5 three tircs When he found out what
.- ov- were doing ne stopped Il, and, IN reNens''
-, ,,,osei The allowance for bis fees. j. H. MOTT
-. formerly secretary Of the company was euplo!eu
=. 30, az a salary OF $50 "a month About 500
go were proven altogether. lie was appointed
-. nv Judy- Gilbert without HE knowledge ana on
-, of Atfo rn4y-, GENERAL SchOonuaker through
- s.,,t,- Mr. Ru.glcs Before accepting The aiPoinF
-, he s iuulatcl thar his compensation shoNu l'' w
H., han $50 Gay. When he made lis cialh Il. l"1' I"o
- ,.s.d an allowance Of Sl1l0o, j. B Lewis I'D n
..,rerfrr lIvVer. opposed IT, ana J'tf-t - i'' '-''
.,,.roI him $50 or al the rate Of - day Ahoui
80. ear. af.er the proceedings were closed he was az
-, o., extra amount Of S5425 by judge Wesibr'"k'
ri,g IN All S-.745. lie was encaSeda little over
-.r a,l va. member OF the Legislature u'ui'- 'N'
tine lis office n this city. he N-l',u ID W.
yes aud remained hour or two eaci i'ihe- H'o N'
,-s,,ort. v-Or - 500 beside his fees. j. T. Mcl>'h
- no VS. ,,..,,e,,i ,y hin WAS allowed -5i2j ior
g. C,rt M. VA spuouted referee I'm another case,
Hat Of Tie Hope Life Insurance Company ~ 'u"so
Moss f.. testified that various allowances were
ntle 10 counsel odt Oh th. itI' NJ ~ Wy VI W., o,'rd
ras,rer The allowances We're :. aiiY on hi''iD ~
Jras- Wg,'.r9. Jos sn ,i,r Jais, Pratt aoTci
ST. perry 900 extra TAic)tt Russell were alloRto
1900. HAMS q k,dd Vere allow' S-''JO me ,, AZ,
i,rvc4ng avcrs eoi about SiVVO ALL 'H'-o WIZ o'0
william H. wckam receiver Of the Security LIFE H. NJ
va. APPOINTED receiver ia SO Before his pontmeut
BE- lad no knowlcdee o. in'nr'nc 3uih',S Iny a"i
IA FarcIiii. lie lad heard that John Hell! recon-
lded ais appointment 1l,. cor 81 the time,
~ TrIIov soon was your appointment made g.
e, c, La supO nted John n ly Controller Of tie Gi!,
id you have any couyo r>tion with lin IN regard
u" NJ wickham-I wac appointed receiver very soon
At IN M Krly was made Controller nut az hot IL
r,rler having lad any conversation VITA RIM III IT,
t-r- 70 u; nav i'r- = II Iiuri a. cief clerk at
5000 year. aud had another c.elk al 500 monh
an tao Otlerr AZ 90 e-4A employ AT Hu4u 1t l"e
en- :.r,v-Is no, - 900 an extraordinary to
M, lD. -.ct service a.. III. iiurd gives
dr Wcklau-I know Do is q large salary. would |
y, i,.,. l Il 4, Iuuc. bat / Thought 81 uOIld he
,ll s40r, t..p, nave ala order from Juo- DoA'hue /
Glowing .e, comp nsaton, -! cent Oh LIS receipts
~ CAapn-Do you expect to get per cent on the
premium notes II yoa do, that vi MAKE ) OH coApoA-
sauon over 100000.
.r Wlckuan-I do not claim hat The matter has
lnru p, err a 10 Samuel VI. Han burger as rccict
"A Lei | be
10. KNOW han personally oe-an 10 pdy elNldrhd u
itr cent 1850 The affair, " tht coLpau. were ia
very bad STATE H. had been manage for tne purpose
OF plumber aud Wa bankrupt olgh yeaIs before a
Sl6j7-, ana paid auries o. S3-.i44 Tie whole
amount Of funds tat have come moo my hands las
Mr Ch..gii-You have paid out $4,000 IN expenses
iaI side OF youI o"A ices, ia distributing S@OVOOO
Mr. Wlcknau-It looks 80. but the questions which
have been decided nave affected al the companies II
has ngrn ile litigation wtch cost 80 mlc-. S'ePhth A.
Walker thr ref rec 90 decide upon claims lie
allowed s,JoO compensation. lie reported ID favor Il
ALLOWING tue intervening law eI- I1uVO put lne Al
tom General directed al aIieal and lie Court Of
aAJ Allowance oHt ~ tAe fuAd; iiaiull'o Cole
la~ been my counsel and b. has been
AoW cd I'll. $50 altose her & Ii. Knovas. repre-
tcAitd ne AiiGIn, General Was allowed $1,000 Gun
nng : Bedford Wa aIpontet re.trec in one case. |
s9n d. pad and tie naues OF Tie persons 10 whom Ao
SID ceru property and the COMM tee decided not 10
IL. liud testified that before lie appointed cici
Sik ~ M NlIaia ne ,0 A sd T Ic er c .U 4;
Nj Ba.uus shares Oi the pIOnts tie was also al ne
uae rec liver o! the 41Id AFoLge s.'l-ss bl-"
and w. s rs receiver. He pad $1,000 a year by
MIR ckham. ana mad Received Nl1.jUp IN fees as re-
oeiveI the bank, and had ,eeu allowed $4,000
b. hc Insurance Del artueut ioT H4I-n- report On
policies
Mr Mech--W not the work you did for the insIr- |
Department mere 4upucdLOh 81" What you dld Tor
Nj " CaIdu
lr. uurd-IH part # was One Of Mr. WlcAhaui's |
clerks Be ped luc 10 DO tie work knew John r. suy IN
before / Vac appointed clerk by Mr.. MickLaln.
H. j. Moses iesLlt0 mat Cunning .. BeIiOr1, WEO |
a f. a d. . FI q I'D f
allowe bv Judge WestbroOk $1,000 for fee. SOS
Ol disbursements. Harris & kudd were allowed $4,000
- co.Asc uperIntoAdeLt and Mr. Cole
1900 for Inc Judge also allowed
$1,000 10 Nj. shepherd, intervening lawyer.
Ile Committee adjourned 10 meet ~ Albany.