New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-08-19
4 LONG PROCESS OF LIQOIDATION.
STOCKHOLDERS OF THE STAR FIRE INSURANCE
COMPANY GETTING INPATIENT.

COMPANY GETTING INPATIENT.
"Star Fire Insurance Company Tin hqnidatloh) Is
a sign displayed in the hallway of NO % Pne-st'
some NJ the Stockholders of the company have taken
stems 10 learn the exact condition Of the company
affairs. Joseph Wood, lawyer d NO. IL broan"N'
Is one of the stockholders and IS chairman OIL te com
mittcc of stockholders seeking information FROM
Mr. Wo.d who was seen yesterday uic io'""'"7 III
legged facts gained
In 1s3e the star Fir, Insurance Company, Nicholas
C. Miller president and George >: NlddlcOrooH seer
tary retired from business and entered upon hqni
company lad been doing business WIN 'P..i SUI
not The stockholders about % per cent their shares
President Miller and secretary Mdt"oro,n "ec iIr
th21ed or TO wG bp o .sarg AID Mr. Wddebroo
drawing 800 year Ao dt no tSc 81 stoSEhdc, in
Is issS' but since that dino dvidends have been
paid Last June w o Fleming, c Oh Wool innfcr
with other stockhodcr7, began lynn 10 Sct AZ w, ~
exact state OF the stars affairs. M, IN , tnS nj
although they received from the officers ana dl-
rcctors of the company positive a'snraSe1 tna' eVrIg
that SPrcdcnt Miller had been in Chicago since April
last and that he had with him the keys Oh Inc pcL
contained according to an Official statement made by
Mr. Miller In pccemGer last M $ So@% St Of cf oc
holder, called upon the directors Of the company ana
a ,Sst ,dS F an dvSd G 20 per- cent yGnd pad
them on september l. lmmeolatsS i3llD"I ~ , tluo
r. IIoyic a leading director OF the company and a
personal friend OF Nr. Miller was sent t0 hicaSo 10
get from MIR. Miller the keys OF the 9a'o Deposit
To- kcr. - NJ u.d
" ZEN DAYS ago or thorcabouis.' saws Mf. Wood
" Mr. Howe returned but whether he got the Keys or
NOT we cannot learn though understand that ic ma,
said the KEYS aTc not IN Ills p0Hscs,loh' -. Hi'il,,S
after Mr. IDxics return, accOiTing 10 Mt. M"u' tic
directors passed resolution rlnding tcr Ar'pi
Ir,vidnr for the dividend ~ september |. and voted
10 make application 10 the courts lor the appointment
OF a receiver. ON the same day August - INC
directors issued a circular 10 the sJ klOldcr,, signed
nv secretary Mddlcbrooh, saving In eject that the
work of dissolution making satisfactory p9osrn'
10 the directors for llst Of stockholders but TINS
list was refused. Yesterday the committee decided To
publish In the newspapers coll to stockholders IN
ierS ted In the winding MP OF the aifalr Of the com
pany 10 communicate al once with Mr. FcnlA5
Tho Tribune reporter who called at the Offices of
the star Fire Insurance Company conld hnd no one
who could give him amy Information about nc com
panys affairs He able however. to -ec william
i lIoNir the director Who went TO ChtcIe0 % grt
Mr. Millers keys. MIR. HoXe said Al tins In
10 him myself aud lave nothing to ahd to II. . NV
brother y r. HOXie Is and has been for "a long ome
counsel for the company and he is pr pairing papers
10 present TO the CONT on an Application t1r a r..
cevcrship con slider this action Of the sochhodcrN
committee as uncnllcc for and unwise. 80 far ~
know the funds reported BY NJ. Miller a. pelny Will
the safe Deposit Company are there. For long uuc
Mr. Miller las had. hc has now, exclusive 'cc>N ~
the funds. -. ,,,ror,. roesc..ion -
30. they are not. II Is absurd to snppo-e tiat
ha Could take the lcve away With llrI.
Mr. Uoyic's last siat"ne"t was Mr Miller mas icrn
away on important private business IL ", I..NlIN
no alary from thc star Company and could not De ~
nc,t,, 10 devote all his timo 10 IT, Interests " Wl
Tho matter c,,'s into the courts evc' uhhs VIII DE-
satisfactorily explained