The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-04-13

I. L. Doughty has rounded out forty
! years of service with the Home Insurance
Company of New York.
The Real Estate Mutual Fire Insurance
| Company of Philadelphia has made an as
| signment for the benefit Of its creditors.
The new Integrity Fire Insurance Com
| pany. of Philadelphia, Will soon commence
surplus of $4,000.
| Notice is given of the intention of A. E.
| Nettleton, j. s. Frelinghuysen. E. c. Jane
a fire and windstorm insurance company.
| by the name of the Insurance Company of
| the State of New York, with 500. 900 capital,
having its principal office in the city of New
| York.
| The case of A Howard Ritter, executor
| of the estate of William NJ. Runk, against
| the Mutual Life Insurance Company Of
came u pr before the United States Supreme
! Court at Washington recently, at which
| the petition for writ of certiorari was
granted.
| The New York grand jury has found four
additional indictments against Andrew j.
| Ensign. who was arrested few weeks ago
issuing bogus Lloyds charters. Three of the
the first degree and the other with grand
| larceny. He was brought up from the
| Tomhs. pleaded not guilty and was sent
| back again.
H. H. Rowland, of Tyler, Tex, is form
af Stock e Of Wra viii be
held in few days to elect officers and
formulate plans for operating the company.
| cording to latest reports, the main holders
being in Austin, Bolton. Commerce. Corsi-
cana, Dallas Fort Worth; Galveston Es,nS,
| Springs, Sherman, Palestine, Temple and
Texarkana.
The petition of William F. Simpson, a
policy holder in the Massachusetts, Benefit
Life Association. for the appointment Of a
receiver, has been Withdrawn. The investi-
CATION of the condition of the association
by a committee under the chairmanship Of
stood that they desire to ascertain the
methods by which the business has been
forms They also believe that the policy
holders should have a share in the man.
agement.
William E. Midgley. the former president
CT the insolvent American Casualty lnsur-
ance and Security Company. Of Baltimore
and vice president of the American Steam
Boiler Insurance Company, Of New York.
ceny in the first degree for misappropriating
check for $4,000 belonging to the Sc
eursty company vas put on N trial va IN the ne
| Monday. COL Henry b. Beecher, Vincent r.
| Schenck and John. w: Taylor, who. With
Midsey Comprised tas so hr n,c e in con
| nectfon with the collapse or the company
on the complaint of the Long Island Rail-
| road Company. Tne beecher mentioned Is
| A Cincinnati paper says that the strug-
| gle for the office of insurance superin-
| tendent of Ohio has come to an end, and
| that the choice of the Governor falls upon
Capt. william S. Matthews. of Gala coun-
| ty, leader of the Foraker faction OF the
Republican party in the State The other
candidates were Thomas II. Drake, an IN
surance manager, ex-Superintendent s. r.
Kemp, z, w. Sherwood. also. an insurance
superintendent, Mr.. Hahn. The latter is
| strong McKinleyite, and was therefore OPP
| posed by the Forakerites. The new super
| intendent will take Office when Mr.. Ham s
| term expires June 3. In the last campaign
| he was secretary of the Republican State
executive committee. AT present Captain
Matthews is chief clerk OF the State School
| Commissioners department.
| j. T. and Daniel Boone have filed suit in
| Dallas. Tex. against the New York Life
| Insurance Company for S125o00 damages
| for breach of contract. The plaintiffs set
| forth in their petition that j. T. Boone 1e-
| sides in Dallas and Daniel Boone in st.
Louis that for a number of years they had
| the exclusive agency OF the company $
| business in Texas; that on the 9th OF
| for 1895 so as to cover 1896 and 1897. Under
| this contract they were TO have commits
| sions on all cash premiums and also on the
| premiums of the second and third years.
| The plaintiffs aver that they increased the
| business in Texas from $2,000000 in 1888,
| when they took hold OF II. to $6.0O0.OOO in
| 1895. They inform the court that the value
OF their contracts for 1896 and 1891 exceeded
| 100000 which. together with a $40 900 bonus
| on the business in 1885, places their dam
ages at $4,000. which Is the sum they ask
1 in Judgment