Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1895-02-16
BETTER PAID THAN THE PREsi-
DENT.
Men Who Earn the Largest Salaries-The
Corporation Presidents Lead-Afier
Them Come Lawyers and insur-
ance Men-Even Ministers
Thrive Wonderfully.

the presidents of the companies FREE
quently have enormous incomes.
Heads of trusts and big railroad
corporations rule about the same.
Religion pays fairly well, while art
and literature make money in fts
and starts.
But the law is where the big fees
are made.
John E. Parsons is said TO have
received s25O,0O0 for organizing the
Sugar Trust. II is also said that he
makes from $4,000 to 100000 q
year.
Bourke Cochran has made $780,
900 annually for some time. Roscoe
| Conkling made $3.50 900 in one year
and when he died he left 100000 in
fees unsolicited.
James G. Carter is another big
money making lawyer, and his fees
amount to at least $4,000 year.
David Bennett Hill was not o
heavy money making lawyer. He
rarely made more than S. 900 year
in his Elmira home. But when Hill
and Bacon got into the Fiske will
case against Cornell University they
divided 100000.
There are large number OF law
yers whose fees amount to moro than
$4,000 year regularly. Among
these can be named Joseph II.
Choate, Benjamin F. Tracy, Freder-
lex r. Coudert, Robert G.. Ingersoll,
Elihu Root, Artemus Fl. Holmes.
Horace Russell, s. T. G. Dodd and
George Hoadly.
A MILLION FROM THE LAW.
David Dudley Field made mil
lion in the law by the time be retired.
W. W. Foote, who ranks as the
leader of the California bar, got
100000 out of the Blythe estate
and an equal sum out Of the Merritt
estate, two very famous will cases in
that State. These rank as the big
gest fees ever paid there.
But all lawyers do not find fees
coming in such size as those men,
toned. Some of those who have Of
fees in New York are very glad If
they make $4,000 year outside Of
their expenses.
President Henry b. Hyde, of the
Equitable Life Insurance Company,
draws $4,000 year for running the
affairs of the company. Richard A.
McCurdy, president of the Mutual
Insurance Company, and John A.
Mccall, of the New York Life In
surance Company, each draw the
same amount.
William Ell. Beers, who was presi.
dent of the New York Life Insur-
ance Company, was one who broke
the record in life insurance salaries.
He received $4,000 year and was
given $4,000 as a Christmas pres
emit. When he retired he was given
a pension Of $4,000 a year.
P. B. Armstrong did better by
keeping out of fire insurance than by
staying in it. He was guaranteed
100000 year for five years il he
would stay out of fire insurance after
he sold his business interests.
Norvin Green received $780, a
year as president of the Western I'm
ion Telegraph Company while he
was alive, and T. P. Eckert, who
succeeded him at his death, now.
draws that sum. Eckert at one time
held small office and worked his
way up to the presidency.
BANKERS GOLDEN REcoMpENsE.
Banking also pays good salaries
to its managers. Frederick r.
Olcott, president of the Central
Trust Company, draws $4,000 a
year for his services.
Richard King who holds a similar
position IN the Union Trust Company,
gets $4,000 year. General Louis
Fitzgerald, of the Mercantile Trust
Company, gets $4,000 for twelve
months work.
John A. Stewart, of the United
States Trust Company, draws down
| $50, 900, and Colonel W. L. Tren-
holm gets $4,000 from the Ameri-
can Surety Company.
The president Of a big bank
averages $25, 900 a year. George
G. Williams, president of the Chemi-
cal National Bank, President Potts,
of the Psrk Bank, and President
Tappan, OF the Gallatin Bank, all re-
ceive that figure.
Cbauncey NJ. Depew gets the
modest sums of slo0, 900 for running
the Vanderbilt roads. George r.
Roberts, of the Pennsylvania Rail-
road, also gets $4,000.
In the flush days OF the Reading
A. A. Mcleod did just as we'll.
Albert Fink, Commissioners of the
Trunk Line Association, got $25, 900
a year for hrs services in that
/ position.
Doctors are very much like INV
yers. A few make great deal, and
many make Only average incomes.
4 DR.. William A. Hammond is said
to have made $3.50, 000a year. DR..