The daily Cairo bulletin. (Cairo, Ill.) 1878-1???, 1883-08-10

tual. Total amount OF disputed insurance,
$4,000.
In few days there was another an
nouncement, viz.-that the case was called
tor trial, and that the defendants obtained
another adjournment for three months:
Our Cairo readers may desire to know what
the dwight CASE is; WALTON Dwight of
Bnghamton, New York, robust man, a
public-spirlted citzen--died in November,
1878. He was insured for $250,O0O, of
which $4,000 had been taken by The
Equitable Life Assurance Society; part OF
1t, "A number OF years previous, but the
larger part during that year. The prem
iums were payable quarterly. Three days
before the second premiums came due,
Dwight died suddenly. There was then
belief that he had committed suicide. 1t
was found that he had borrowed part of
the money to pay the first premiums, and
that he had no money for the second, Some
Of the companies immediately concluded
that Dwight had conspired to detraud
them, The Equitable Life Assurance So
ciety was the only company that took diff
W
New York City, having, at the request of
the Society, made postmortem examina-
tion of the man, and having decided that
he died from natural causes, The Equitable
Immediately paid to Dwight's executors the
$4,000 due on its policies. One company
compromised, The other companies began
to hunt for testimony to support their refus-
10 no, and tl,n, b,vn
delaying the trial of the suits which the
executors Of Dwight's estate have brought
against them.
The lltigatiug companies admit that they
received premiums and issued policies on
Dwight's life As they are able to hire IAN
array of distinguished legal talent (25 or
30 lawyers, they are able to make "denials'
and "ayertments' as plenty as blackberries;
but which, if they have any value, 90 to
prove the utter worthessness OF all their
policies They deny that Dwight is dead;
but if he is dead, they neny that his death
was produced by natural causes. They
deny that the plaintiffs are the executors OF
Dwight's estate. They deny that they are
liable for the amount of their policies,
dltnOuGh they TOOK the premiums IN TIE
regular way. They aver that many ques-
tons in the applications for the insurance
were not truthtuIly answered. They aver
that Dwight committed suicide or procured
the taking Of his own life with the design
of defrauiing the companies, and that the
benefits of the fraud are TO be distributed
to persons unknown.
Life insurance is an indemnity guaranteed
to widows and orphans for the loss of the
support which was furnished by their hus-
bands and fathers. 1t is valuable only in
proportion to the security itconveys These
companies-by a strained and technical in.
depreciation of their policies, and by neg
lect to discover at the proper time whether
or not the statements Of Dwight We're true
and by this public exposure of themselves
as deniers of their own contracts-qre
bringing disgrace upon themselves! Happi.
" they stand alone and apart from The
Equitable Life Assurance Society, whose
principle and practice are to make its poll
cies indisputable after certain date, to
pay them Immediately after the policy
holder dies. and never to refuse payment
for technical reasons.