New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-10
No LLOYDS ARRESTS YET.
OFFICIALS STILL HUNTING EVlDhNON'
c,.u.u MADAM BRANDS STATEMENTS RE'Af'D'
,.,c ,,,v as FAr.sE-No DIFFICULTY IN

ppANDg STATEMENTS REGAf'D
,,,c HIM As rAr.sE-No DIFFICULTY IN
r,,,n,yc HIM AT HIS OFFICE
While the State and county au'hor'''e 800 Gro
.'.a raw evidence daily in the bogus H.o' A.
insurance cases no arrests nav
MON uho are suspected OF swihu'"e. .s larry
- 49,, .ors regarling action by the u'a"'
, ~ COCO of three men mentioned uia"', 4,
Adam who has issued a puphc ue"'' - rd
g., ,rbe Tribune Of allegations asd'i''' s ,ho
declared that the report OF MS ueP"' "a ,ourd
CITY Is false II was SAID tha' "e o - saened
q, HE office or his home. ana tha' ho o hor.
, ,bera he was A Tribune repor'ei' "
" INV o."o,or1ov saw Mr. McAdam at his ONCE Nv
l4O Nassau-st. 49,, .osou ~ the
,, had NOT darkened his door ana lie '"u -,
M official notification OF any chaiao''' 49,, no
~ ,ndtc,ment by the Grand Jury. i am He'e'
a., .,h,e 10 not my ghost. OF course cou'u
w -, tn this office twenty-four hours ua'' "',I
-, a. business which requires my pIese"No
.ho, Marta Of town. Yes. heard ABOUT III. 80
40 ,d,c,ment and I have waited arouhu "
mill G o'clock in the evening. waiting io
,n,ch, come for me: but no one CANT , ~.
.rotber man in the office noddeu assem- 49, =,
sneaker continued; Il am not III i7u ,.as
~ Io, all the ms and outs Of this bogus i@oS u"
~o,r Int II seems 10 me- from inc a'O
fraudulent organization. that s"l"ui'Ns " 80 7
7 40 NOT care to discuss the affair however, q"
hauo naced It all in the hands of my counsel h0-
ward NJ. Shepard. , ~. Conn
Irou,rv having been made respecting TIC ~,
,,erc,a, Lloyds. which has just reihsu'e1 '' Dn '
nass Mr.. Bellows. an attorney or the asso0".o
.oia Yesterday: I'VE have rensured ON! . tr
SUI ra hut The Commercial Iloyds VIII co !.ro
IN as Arm and substantial a BASIS as CIV 80 h.
,a,ntainIng its standing In insurance do on husi
i.had association and writing only nrs'-cias> ~
The Commercial Lloyds was FORMED ioiis oe con
,ha onnearance in the field OF the nlhet NV ~ -
er rfrhich are charged with sailing iaIseV VI.
80 ,ov1s colors The Commercials DOORS We. .
onaned TO inspection yesterday anu pio'''
arms were shown as holding It's policies, ,s ,os
The agitation in Pne-st over bogus n ~ nannrs
manfred rush TO investigate the Vaii1ity VI P nj
On which various Lloyds are doing business a,r~
saveraI persons who signed their names as spo. Icy
,r, 10 nj 10 he released from the Obligations WIZ
they have incurred This has raised 'ne 'roiea 90
whether or not a Lloyds subscriber can le'ean ,o
SimsaIf Policies stipulate that they can De can
naIiad nv giving five days notice. But II tw ,.
or more subscribers vote mo 10 one suDsc''oe'
.yes - there seems be no remedy, . 49,
In the case of the man who suoscrpeS ~ eI ns
stock Of a company should he want 10 De ta -,
from his liability all he has TO 90, accoruinS ~
law Is 10 sell his stock And II me stoek i
ds hs executor may sell and realize ior Ihe es,
tate Rut in the case OF the death OF a LiVi ~
subscriber Pine-st Is asking the question: Iiow
would Il be? Could the estate be dNldeu pc'oIe
ali the policies had expired insurance men ar
asking or not until all claims or sni'S uiuer p"i'
cies were settled?