The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1896-06-24
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Colunibia. "
81 10 the Public; Il From Noyember
1924 to 9th Of April, 1890, Il transacted
business ct this point, as general man
ageri for tho South and North: Ameri-
canY Lloyds and the N ew Z ork aud
Chicago 4LlOyds, under contract with
Whinnie 5, s; Il Il ,.s 5
Liberty street, New York city. md
during that period through State and
local gents, placed nearly 10, 600 poli.
cies throughout the States of Virginia.
North Carolina, Georgia, Alabama
and Florida. also placed an occaJ
sional policy for the Bankers and
Merchants Lloyds, represented by the
same attorneys. H
| regularly remitted to Whipple Sc
%, almost daily, the 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, I for
warded q statement showing every
policy issued and delivered, together
~lth statement of tho policies cancelf.
ed, and those attorneys are fully,aware
OF the condition Of every policy}issue
by me for them. e l,-4 4.
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 a number OF
cases, which are still pending / was
| at that time summoned to New York,
and informed that those three I.loyds
had seeded to retire from business,
put would rcorganize in some other
lorm later, about the 18th of A pril, I
was informed thata new organization,
under the OLD name OF tho South and
| Nortn American Lloyds, had been
formed, but l. made no contract with
them &I
In the mean time, the firm of Whip.
pie &c 90, attorneys, have commenced
serving notices upon tho holders of
policies, informing then. that the pol,
five days from the time Of said notice.
and asking them to send in the poll.
cies, promising that return premiums
will be sent TO The holder. This prom
ise, however, seems to be delusive, and
appears to be mere trick on the part
of these underwriters and their attor.
neys to secure tho possession of their
policies, without paying the return
premiums. When they have been
sent to them in accordance with such
request, these attorneys then reply
that they cannot pay the return pre-
miums until the party satisfies them
that nc has actually paid the premium
to me, by getting q receipt, or certili-
cate to that effect from me; which re-
| quest is made in the utmost bad faith,
as they are perfectly we'll aware, by
the statements which have sent to
them, that the premiums have been
paid to me, and the possession of the
policy, on the part Of tho assured, is a
sufficient certificate. Any information
that my reports would fail TO furnish
has been obtained by a special agent
scnt here to inspect my work.
This notice is givea after repeated
requests made by Mo to Whipple &
Co., to forbear making statements
expressive of doubt rs to these premi
ums having been paid, or tending to
lead the public to suppose that there
has been any confusion in The matters
of accounts, which / allegs to be in all
respects regularly rendered and ac
companied by thefunds collected.
| All persons to whom return premi
ums are due, are advised not to send
policies to Whipple Sc Co., direct, as
they will likely not hear Of them
again, but they should send them
| with notice of cancellation to Col
lJohn r. Abney, counselor at law, No.
l2 Wall street, New York city, South
erner, and O gentleman as we'll as an
at,ogney OF high reputation, and IL
will look 10 the collection of these ac
counts and have them promptly re
mitted to the parties, when collected
and if Hhey shall already have sen,
them to Whipple & Co., and shall no
have received q satisfactory return
they should at once send to Col. Alb
ney, ian order directing Whipple s
| Co., 10 pay the amount to him, and
auth(rize him to collect, and they may
call upon me for any information in
regard to the policy that they them
selves cannot furnish, as my books
which are absolutely correct, will en-
able me to supply the facts in regard
to them. w. S. MoNTEITH.
Columbia. s. O., June 12, 1896.