Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1892-11-06


from the West. They are picked up
as q rule by the great corporations
which are always on the lookout for
strong, alert men to guard their interests,
and il is the business offered by corpora
tions, along with patent, will, and real
estate cases that bring lawyers their
largest returns. David Dudley Field, now
retired from practice, made over a million
in the law, and Theodore W. Dwight, who
died last summer, was found after his
death to have been a millionaire. Both
were what are known as corporation law
yers. The receipt of large fees Is
not the privilege solely of mem
beers of the metropolitan bar. The
income of the late Lewis @. Gas;
sldy. of Philadelphia, long exceeded
$50. 900 year, and the yearly earn
incs of John @. Bullitt. of the same city.
seldom fall short of the sum named. Bull
lit is now generally regarded as the leader
of the Philadelphia bar. Chicago has seye-
raj lawyers whose incomes are very large,
seldom less than $4,000 year, promi sent
among them being A. S. Trude. William G.
Cloudy. and William j. Campbell. who IS
counsel for Phil. Armour. Senator Hill,
when he practiced law in ElmIra. ten or
twelve years ago. seldom earned over
$4,000 year. but not long since he divided
with Charles L. Bacon, former student of
his, fee of 100000. This was paid them
by the plaintiffs in the famous F1ske will
case against Cornell University, and was
compensation for services extending over
q period of ten years or more. Roscoe
Conklipg, had he lived, would probably
now be the biggest money-maker at the
New York bar. His earnings in single
wear exceeded, il is said, $3.50. 600, and his
fees in the cases left uncompleted at the
time of his death amounted to nearly
$4,000 Still. the large fees of which
hn nn
prizes of the legal profession. As stated
at the outset, the average New York law
yer-and New York is the lawyers Mecca
counts himself lucky If at the end OF the
year he can put $1,000 on the profit side of
the ledger.
pRNcELY SALARIES.
The heads of nearly all the big life and
fre-insurance companies receive princely
salaries. Henry b. Hyde. who not so very
long ago was q modest insurance solicitor,
draws a salary of 5000 year as presi-
dent of the Equitable. and the vice-presi-
dent of the same concern receives $40, 900
year The annual salary of Richard A.
McCurdy, president of the Mutual In
surance Company, IS $4,000, and that
of John A. Mccall, president of the
New York Life. is the same. William IL.
Beers, formerly president of the New York
IIife, was paid S75. 600 year, with an add
ed present Of $4,000 at Christmas and
when he retired from the presidency was
voted an annual pension of $4,000. John
II. Hegeman draws $4,000 year from the
Metropolitan Company, and ID. o. Heald
and John W. hurry are equally well paid
by the Home Fire and German-Americau
Companies, respectively. p. Il. Armstrong,
when he disposed OF his Reinsurance in
terests a year or so ago, was guaran-
teed 100000 q year for the term
of Eve years If during that time he
would not again engage in the fire.
insurance business. Armstrong Is push
ing. keen-witted Canadian, who came to
New York decade ago with hardly dol
lar in his pocket. He now owns an orange
grove in California, and takes life easy.
DIR. Norvin Green, president OF the West
ern Union Telegraph Company, IS paid
$50 600 yeag, and John Hoey, while presi-
dent OF the Adams Express Company. Jared
equally well. The chief officers OF the
leading banks and trust companies
of New York are all well paid.
Frederick p. 0lcott. president of the
Central Trust Company, receives geo, 600
year; Richard King, president OF the Union
Trust, $50.o00; General Louis Fitzgerald.
president OF the Mercantile Trust, $4,000;
John A. Stewart, president of the United
States Trust. 5000, and Colonel w. Il.
Trenholm, who used 70 help run the civil
service machine and Is now president of
the American Surety Company, $4,000.
GeorgeG. Williams, president OF tho Chemi-
eel National Bank; President Potts. o.