The World. [volume] (Martinsburg, W. Va.) 1891-1896, 1892-06-03
RECEIVERS REPOR T..
GET.RICH.QuICE CONCERNS WILL
YIELD A DIVIDEND.
MEMBERS GLADDENED WITH
SLIGHT RETURNS FOR THEIR
INVESTMENT POSSIBLY.


The gulled. certifeate-holders Of
two "get-rieh-quicka concerns, the
Earnest Workers and the Annual
Benefit Society, Of Philadelphia, were
made a little happy Wednesday.
Thomas f. Byrnes, master in the An
nual Benefit case, filed his report, de-
claring the highest dividend yet res
cued from the ruins of any of the
easy-come easy-go beneficial orders.
in over nine months, . states the
report. .'the society collected $780,
527.S3 The supreme officers claim to
have paid out for sick benefits, 1920,
and for expenses, s64, 73l.57, the lat
ter sum including the salaries Of the
supreme officers to March Is, 1891. OF
these expenses, s624.25 were account
ed for by entries in book called the
Indemnity Fund Book, and for the
expenditure of the remaining s64 ,097,
30 the officers Of the society failed to
give the customary evidences Of pay
ment, but in lieu showed warrants
signed and Endorsed by themselves.
Suit is now pending to recover $780,
1880 alleged to be still IN their
hands.
1.-THE receiver collected sI76, sofa,
and deducting all expenses for settling
up retained cash balance of SAL
9S3.5S. This sum will be divided
among upward Of 5000 members,
whose claims aggregate $3.50, $50.
This makes dividend Of GIG per
cent, which win be paid after the APP
pointed period of q days. Those
few certificate holders who paid any
of the assessments from the twelfth to
lthe sixteenth, and which were not
1called, will be reimbursed out Of a
separate fund Of $2s1O.r
Alexander Simpson, Jr., master for
Receiver James H. Shakespeare's ac-
counts Of the Earnest Workers, will
file shortly report declaring divi-
dend Of 1882 per cent. in favor of GER
tifcate-holders. 1.-THE receiver col
lected S107, 000.7S,. the report will
read, (which with all expenses and
creditors claims deducted, will leave
800, OFT .0S for distribution. This will
still leave about $1,000, and with this
sum it is hoped to bring about sec
ond account.
mo part of the sum due by the SUI
preme officers Of the order has yet
been received, despite an award, ag-
gregating sl17 900, procured against
them. The $1,000 will cover the ex-
pense Of prosecuting these officers, to
compel them to repay the amount al
legged to be DUE
Information was obtained yester-
day that District Attorney George S.
Graham had been consulted with pre-
paratory to the bringing Of an action
against the officersin the Quarter SEES
sions Court.
Supreme President, Jacob Greene,
supreme secretary Lemuel Smith, and
supreme treasurer, H. M. Emery, of
the collapsed Benevolent Endowment
Association are also to be tried upon
warrants issued by Magistrate Fulmer
a year ago, at the instance of MIR.
Schaeffer. Schaeffer charges Greene
with making false representations in
inducing him to join the order. All
are accused Of conspiracy to, defraud
and obtaining money under false pre-
lenses. Greene's case comes up to-
day.
"After the assignment states Mr..
Satterthwaite, Schaeffer's counsel,
s.the supreme officers vanished and
were none of them located until few
days ago. When the assignment was
made there was s67, 176 on deposit to
the credit of the concern to meet GER
tincates amounting to 81 ,0S5, 136.