New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-04-05
THROUGH YEW-YORK STATE.
ALLEGED INSURANCE FRAUDS.
CHARGING LARGE TRANSFERS OF LossEs-A PIX
CULrAR AND COMPLICATED CASE.
LEY TELEGRAPH TO TIE TRTBUNE.l

CHARGING LARGE TRANSFERS OF LossEs-A r.
CULrAR AND COMPLICATED CASE
lBY TELEGRAPH THE TRTBUSE.l
BUFFALO, April A sensation was caused
to-day in insurance and business circles By the announce
ment OF the Of Lorenzo Dimick. OF the LATE m III
anoe sgsn firm Of Crosby Dinick. There are tnreo
actions pending against Dmick. The first one Is by the
Insurance Company OF the stats Of Pennsylvania Dal
fixed at 10000; second by the Thames and Mersey In
surance Company bail $4,000; third by the Union IN
suIance Company, of Philadelphia bail S3OOOO' M
Dlrack icing to- sick for removal from his house.
an Office was stationed there. Inc com
panies allege that Dimick cOnvertod' $4,000 III
premiums from those companies to the continental Oh
New-York. Rumors have placed the amount involved As
high a. 100000 The suits brought at the instance
Of A. g. Macdonald manager in New-York OF the Thames
and Mersey Company Of London, England DE anu
Treadwe Cleveland Of the New York law firm OF EVars
sOuthmayd Choate, have been In BunaO seVerA Jays
looking The suits we're brought and the
order of granted two moving adsvits sworn 10
by Louis F. Nlokerson aud Louis j. Nef both OF whom
were clerks In Crosby & Dimcks ofhoe, ana are
now employed by Mr. Crosby. Mr. Eckerson, In DIS
affidavit says; "A number OF times perhaps score OF
times should saw certificates OF insurance nave Deeh
issued in the OF the Thame! and Mersey company
and the premiums credited to another com pany.
80 far know premiums In such cases were cred
tied 20 the Continental Insurance. Company In mum
OF cases. after the notice had been received by Crosoy
Dlmick OF loss In which policy had oeen lssueu ~
the Continental Company. reinsurance was made In
all Of the three other companies OF Wnon
& Dimck agents the State. OF pennsylvania the
Union Of Philadelphia and the Thames and Mersey mus
throwing the losses OF the Continental on the other com
panies after the had occurred These rensrances
generally made by Richard Dlmick- he was
who kept the general agency register OF the Cont
mental Company, and Is brother OF Lorenzo DlIicE
The deponent was repeatedly tod y LorenT fo INN
and directed by BIN repeatedly not 70 give nforma-
ton of the affairs OF the firm to Thomas O. Crosby Nj,
Mr. Nckerson asserts that he has heard LORENZO DIM
ick order Richard make the rens1rances Nef in bis
tesIes 10 substantially the same state OF anas
known he says that Dtmck told him TO -
Macdonald New-York manager OF the IhSmes anu
Mersey, that 10 $4,000 insurance the delay wa
due to clerical error. Crosby now has tue
general agency OF all the companies except tho
partners az TO who should the Thames and Mersey
and Mr. Crosby together with Mr.. Macdonald went 70
went to England interest Of Lorenzo Dimck, put
MscDonalds influence prevailed IN Iayor OF DiosDy
one OF pimcks frsnds to-day said: "Ihere IL something
very curious about The matter andt seems strag 70 M
that man far gone with r no himself TO
the 0tfce half the time and CROSBY Is arOOust man
Although CrOshys home IN Chicago he was here nearly
All of last summer and should have known everything
that was going tho Oice The peri enLage pald Ny he
bge nnrnai1nr companies was s. COR cent, while the
would per cent FOR All the Insurance hc toOA
away from the others and gave to the Continental
but admits that the case IA extremely compllcatei
mink Mr. Dimick viii come out al rgnt. There are
circumstances in the case Wntu are very &
things charged against him, for he would nave LOST per
cent the premiums and the companies "ouIu nave
discoyeredit very quickly"
Mr.. Dlmicl was arrested in Buffalo IN Thursday
warrant issued by Justice Donohus, Of the Supreme
! Court In this city on Monday. and he was held in
/ $4,000.
Mr. Cleveland said last evening regarding the matter
wish 20 state explicitly that there is HcharSe against
Captain Crosby who Is man o. Integrity Captain
crosby has already brought suit for he dissolution d
the Arm and on Tuesday he appointed receiver OF
the firms assets the request Of the cOupies moving