New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-03-01

DISAGREEMENT AMONG MEMBERS or \ MUTT Al
ACCIDENT ASSOCIATION AND nENE-
FIT ASSOCIATION

great deal of bad feeling has been stirred up
among the members Of the United States Mutual
Accident Association over the alleged attempt or
the alleged ring in II TO turn the business OF
the association TO another insurance concern.
presumably me United States Casualty Company.
4 large number Of the polcy-holders are strenu-
ously opposed to such move, and the report that
their officers are determined TO carry ont the plan
has intensified the bitterness. This feeling was eX-
hibited in a rather sensational manner Wednesday
night, at the annual meeting of the association.
which was held at its Offices Nos $40 Broadway.
Charles Il. Peet the president OF the company.
presided one of the members said TO a Tribune re-
porter Yesterday: THE meeting certainly was a
disgraceful affair Mr.. Peet began to ride rough
shod over the members from the first. Tn" trouble
began with the reading OF the minutes. one OF his
men moved that the reading be dispensed with.
and a dozen more Of his men seconded tn" motion.
and without calling for the nays he declared II
carried The bylaws of the association say that a
unanimous consent must BE- had before the reading
of the minutes be dispensed with. Some one
called MS attention 10 this and to the fact that
the nays had not been called for. There are ''"'
policy holders in the company, but only 10 We're
represented. Mr.. Poet overruled ,he protest. ana
said that the 81. ton Of officers the next order
of business. Without waiting for nominations Ia"
appointed two tellers to hand around printer list
OF officers Somebody said that nominations should
be made, but number Of men jumped up ana
shouted down. just then the electric lights
went out. and Were left in the darkness Tor q
few minutes. during which there was great con-
fusion bu, the telers went right on just the SANE
When the lights were again Mr.. P"~t dec area
that the vote had been taken, ana "a IS hdd been
cast for the prin'ed slip and none opposing. the
officers were reelected. do not consider thdt the
meeting a legal On" 49,
The annual meeting OF jhe Mercantile B~n"nt AS
ISOLATION, WhOsn Offices are at 40. BY ifIOdd"dA
also was held Wednesday night in the Masonic
Temple This also was d turbulent meeting, Il
strong effort being made 10 prevent " from 'oih"-
ing business AN insurance association li'-lI'li'
William Wills endeaVOred to pres@rN" order but
gave up in despair, and the nrst Nc"-pirslh"lii.
Henry Rosenh i'm. TOOK the cnalr. ana Mas "IIh ~
unsuccessful in maintaining order \ minority Re
port. signed by Edward II. Cand"e ana j. Gran
willie Smith. declared that there was no mop" OF tn"
association continuing business for another year.
and that the only way out OF their dlihcull'S was
TO rensure the policy holders IN some other com
ing were elected officers: William wis. president:
Henry Rosenheim. first vce-president: James Is.
Andrews. second vice president; William II. Cfo-
Illus third vice president Joseph Gales fourth vice
president: W. \ Gilmore. John W. JacObus. ).
Ellis Briggs William L. Gerrish. tr.. Frank J. Mora,
Edward W. Williams Executive Committee, Ira
w Steward. secretary and treasurer.
Speaking OF the minority report, when declared
that the association was incapable Of successfully
continuing business for 1885 Secretary Steward saId
parf of some disconnected members TO turn over the
business Of concern 10 otner concerns IN whlch
they probably have interest. No doubt these
q, her companies would be glad to get our busi-
ness but an we have a surplus Of ts0VJJ in hand, Il
does not look II We were insOlVent or likely 10
20 out OF business Just yet. W" nave pdld over
81 OJ 90 TO policy holders. and are confident OF
ting