The evening world., 1888-01-04
STATE OF RHODE IsLANp-INsuRANcE DEPARTMENT.
Z. w. BUcKLIN, ms. Commissioner.
PROVIDENCE, December 10, 1887

E. b Harper, Esq, President Mutual Hs7r Fu1 Life A~orohon, " Y
MY DEAR SR; deem it but inst to YOU and the Mutual Reserve Fund Life Association,
after toe careful examination / have. justC completed ofy your Association tn you should
laVean Repression from me in ny official capacity. Iconfoss to GU that this examination
wasp prompted by the many attacks brought to my attention derogatory to you and the Mutual
Reserved und Life Associations ve (which you preside; with the prejudice hiatt these reports
naturally ngender, entredu upon m dut e with I'm misGiyrGs, aud Therefore made my
examination very ci ical In addition to the uRuonI wasa etOg atlerf romthe man
agement OF your Assoc at on Imett Hon, Phil D Check ir, Commissioner of Insurance OF
Wisconsin IN Hon. Chas Shandew, Commissioner Of Insurance of Minnesota at your
office, and found that they we're just onpetng an extended and CrhcNl exam nRtC n OF
your Association. ltook occasion to consult with them, Md in addition ITO what saw for
myself had ueR advantage ofw what they had gathered concerning the mnnanaGemen of your
Association. lfourd The looks aud accounts correct in very pNruCuR ar and was much
pleased with you system of checks in yon accounts tended Ito prevent any nsppropra-
ton Of: thief nds of the AS ocaiOn; il such an atempt were made your methods would
undoubtedly cause the discovery OF itat once befmeun my injury coulib De- done.
Your system Off onpeh ling the EpNuIes of three nCcrsto every hcque, before funds
could be paid out mt that the order for payment of such funds bes signed by It least two
officers, is cerhny well directed ad cannot he improved upon 1t also pleased re to note
that yourM oruav Funds are kept i'll suchH wa thath EhI osdtle to encrachu upon them
for the yn mt of salareS, commIsso ms to agents Nnd like expenses, which should and do
come exclusively rom you annual ueS;s said account cling kept separate hom the moru
AIRY accounta nd in snother book. Your frnsne and tGto Of you co officials in placing
every book ad voucher of the Associations my disposal and requesting me to G. carefully
overt them. satisfied me lat ON lad noting Ii conncc ion with tho management of you
thN you feared to lay open fer the inspection of The public.
At the solicitation of esrS Taylor and Parker who have charge OF the death claim de-
patnent / vast induced to o carefully over the payment OF death claims and 1.-THE name
INT method other adjustment aud to particularly investigate yoarh list OF resisted death
claims In tsh list found nut hirteen coute sed OF resisted claims, out ofthep payment
tsy er OF overt three hundred AM seventy $50 claims aGSrgaunG SlCO0O IwRsca care
full to noteth ecause tor resisting each of hese claims m can therefore assure you in my
OPP Mon ou were justified in so doing and it would b. an injustice to you members and n
reflection OIL the nnagemen of the Association such fraudulent clanns were allowed. l
now from personal knowledge and careful inspection of your ASocit on cheTfuly
recommend ii TO my constituents in Rhode Island las worthy fc onfdencein eyey particular.
Respectfully ours ELISHA ". BUCKLIN,
insurance. Commissioner of Rhode Island.