St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-06-23
leaves for the agents and officers for ex-
penSes and profits, S14, 461.23. 1t is all
legged that the farmers are the


| pouStS anu pTOutS, Oh, fOl.I0. II Is de
| legged that the farmers are the
ONES WHO BITE,
| and it is certain that the greater part of
the work of the association is done
| amongst farmers and poor people. AS
| evidence of its strength and stability,
| the association avertises:
"SiXty thousand dollars in bonds de-
| posted with Hon. Charles Shandrew,
| Insurance commissioner" and of this
| more will be said lateron. On the next
to the last page of its circular appears
| the following letter:
| AS to the business and social standing
of the officers and directors of the ST.
Paul Life association, the following
| speaks for itself:
ST. PAUL, Mimi, Jan. z, 1SS7-Being
| acquainted with the officers and direct
ors OF the st. Paul Life association, and
knowing them to be men of high standing
and unqueStonable reputation in all their
| business relations we feel confident that they
| would not associate themselves with any cor
poratlon or association whose plans of opera
| ton were not based upon sound business
| principles, and whose management was not
controlled by men of known integrity.
We can cheerfully recommend the board
| OF directors of the st. Paul Life association
| to your favorable consideration.
This letter is signed by several prom
1nent parties and also by the Andrew
! Schoch Grocery company, intended as
references of the Association. The
| GLOBE reporters called on one of the
prominent signers and asked him if he
| had signed such letter or if he had in
| dorSed the company.
Il certainly did not" he said, "and
| they had 40 business to use my name.
| This is the first | have known of it, and
l would like to see their authority
The following communication from
the Andrew Schoch Grocery company
explains itself:
Many farmers, in different parts of this
state, have come to me to know why l in-
| dorse the ST. Paul Life Association of st,
Paul, Mimi. The farmers say they joined
the association on my recommendation and
the slippery talk of the agents. and paid
to be misrepresented. They censure me for
allowing this association to use my name for
| reference.
l wish the farmers and public at large to
distinctly understand l do not recommend
| this association, and they have no authority
| to use my name in connection with the con-
Germ: don't want my name used in con-
| nectlon with this so-called life association
| as consider this concern unworthy Of the
farmers confidence. Respectfully yours
The ANDREW SCHoCH GROCERY Co.
Following this the reporter called on
commissioner of insurance, Hon. Charles
Shandrew, at the capitol.
Mr.. Shandrew," asked the reporter,
y . IT,, Il
| Life association
''Well," he said, with smile, 81 have
| had more trouble over that one concern
| than any other one insurance company
III the state. | have received dozens Of
| letters q was going to say hundreds),
from all parts of the state, asking about
| the association and my opinion of it.
| Some Of these letters l answered, and
answered them very plainly, expressing
HlCnn of f1,n Il, IxNfI
the company was doing. The officers,
headed by Mr.. Nelson, came to me aft
erWardS. very warm, and wanted to
know why [ was giving the association
a black eye. 1t was organized in 1856,
and admitted while l was laid up with
rheumatism. l knew nothing about it,
and when l was able to return to work
L received letter from Austin asking
about the company, and saying that its
agent was doing business there. | i'm
mediately ordered him arrested. He
was arrested, but afterwards | ordered
his release, when looking at the records.
In February, 1887, Mr.. Nelson brought
the statement of the association to me,
which refused to accept at the time.
| do not believe in such companies.
They are wholly lacking in the ele-
ments OF parmanency, and only give
temporary insurance. 1 have here
|
have failed. Their average life is
about five years, and they never live
longer than fifteen. This is matter
of record. When a man wants nv
honest opinion he gets it. They use in
their circulars as evidence of good
faith, a story to the effect that they
have $4,000 in bonds deposited with
me. So they have, but they don't
amount to a row of pins. The bonds
are absolutely worthless, and the Off
GERS of the st. Paul Life association can
get the bonds any time they want them.
l onl y accepted them as a matter Of
courtesy. These bonds are signed by
William F. Nelson, Paul Haupt, Joseph
K. Bacon, Charles G. Coleman and j. G.
Nelson: By the way, ordered this
association last fall to cease printing
these circulars regarding the bonds.
Thay had no right to print such things,
for they are worthless"
The GLOBE man saw Mr. Merrill,
Mrs. Edgerly's attorney, and he said
the case would be prosecuted at once
against the association.