The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1896-06-24
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q E LIoYpS NSuRAN z \ 81
a Statements iron, Mr.. W. b Srontoith d
3{sst 35ss VI Oo1uinbIa. ~ Il ~ ~
To the Pablo i rom d Noyenbe,,
1894 so 9th Of April, 1896, i transacted
business at this point, as general man,
ager for the South and North Amori
oan Lloyds and the New x orlk and
Chicago Lloyds, under contract with
W'lhipple y q 90. attorneys, No. 80
Liberty street, New York city, and
during that period through State and
local agents, placed nearly 10, 900 poll
eies throughout the States Of Virginia,
North Carolina, Georgia, Alabama
and Florida. also placed an occa-
sional policy for the Bankers and
Merchants Lloyds represented by the
same attorneys. 81. III
| regularly remitted to Whipple &
90, almost daily, tho premiums re-,
ceiyed, not waiting for the regular
notify accounts to go forward, as my
bank account at the Carolina Nation
al bank will show, and at the end Of
each month, during that period, for.
Warded q statement showing every
policy issued and delivered, together
with statement of tho policies cancell.
ed, and those attorneys are fullyaware
Of the condition Of every policy, issued
by mo for them. -..,,..al4
In the last days Of March, 1896, they
allowed their losses to go over due,
and suits in attachment were com.
menced against them in number OF
cases, which are still pending. l was
at that time summoned to New York,
And informed that thoso three Iloyds
nad decided to retire from business,
eut would reorganize in some other
form; later, about the 10Th OF April,
was informed TINT {. new organization,
under the old name okthe South and
North American Iiloyds, had been
formed, but made no contract with
them. s. & B
In the mean time, the firm Of Whip.
pie &c Co., attorneys, have commenced
serving notices upon tho holders OF
policies, informing them that the pol.
lcles will be cancelled at the end OF
live days from the time of said notice,
and asking them to send in the poll.
cles, promising that return premiums
Will bo sent to the holder This prom
lse, however, seems to be delusiye and
appears TO be n nero trick on the part
OF these underwriters and their attor.
neys to secure the possession Of their
policies, without paying the return
premiums. When they have been
sent to them in accordance with sucl,
request, these attorneys then reply
that they cannot pay the return pre-
miums until the party satisfies then,
that he has actually paid the premium
to me. by getting recent. or ceYsiai
cate to that effect from mo; which re
quest is made in the utmost bad faith
as they are perfectly we'll aware, by
tho statements which I have sent tc
them, that the premiums have beer
paid to me, and the possession of the
policy, on the part of tho assured, is o
sufficient certificate. Any information
that my reports would fail TO furnish
has been obtained by special agen,
scnt here to inspect my work.
This notice is given after repeated
requests made by mo to Whipple &
CO., to forbear making statements
expressive of doubt as to these premi
ums having been paid, or tending te
lead the public to suppose that there
has been any confusion in the matters
OF accounts, which l allege to be in al
respects regularly rendered and ac
companied by the funds collected.
Allpersons TO whom return premi
ums are due, are advised not to send
policies to Whipple SS Co., direct, a.
they will likely not hear of then
again, but they should send then
with notice Of cancellation) to Col
John r. Abney, counselor at law, No
l2 Wall street, New York city, q South
erner, and Q gentleman as we'll as al
atlogney or fig reputation, and lii
will look TO the collection Of these &C
counts and have them promptly re
| mitted to the parties, when collected
and if xhey shall already have SEN
them to Whipple Sc Co., and shall no
have received a satisfactory return
they should at once send to Col. Ab
ney, an order directing Whipple &
Co., 40 pay the amount to him, and
authtrize him to collect, and they ma,
call upon me for any information il
regard to the policy that they them
selves cannot furnish, as my books
which are absolutely correct, will en-
able mo to supply the facts in regard
to them. w. S. MoNTEITH.
Columbia, S. g., June 10, 1896.