The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1897-08-02
INSURED FOR BIG SUMS
HEAVY LIFE POLICIES CARRIED BY
EASTERN MILLIONAIRES.
Check for $15O,OOO Laid the Heirs of
the Late Theodore \. Havemeyer-
100000 on Depew's Life.

NEW YORK, Aug. 1.-When the late
Theodore A. Havemeyer died an insurance
company sent his heirs within five days a
check for $4,000, probably the largest sin
gle amount paid by q life-insurance COM
pany on the life of one man. Mr. Have
meyer had been insured at the age of 81,
a little more than four years before his
death and he had paid in premiums $38,220.
To say that this was the largest amount
paid by one life insurance company on a
single life is not to suggest that Mr.. Have
meyers insurance was abnormally large.
On the contrary, it was rather modest for
so wealthy a man. The late Hamilton Diss-
ton, of Philadelphia, was insured for mil
lion dollars, and there are many prominent
men who carry larger amounts than Mr.
Havemeyers In their cases the risk is d.
vided among many companies. Some OF the
other big claims paid from time to time
are Sis 600 recently on the life of Cicero n.
Lewis, of Portland, Ore; $102 800 on the life
of Charles Pfeifer, of Allegheny, Pa; &c.,
900 on the life of Richard Clay, of Phila-
delphia $100,OOO on Frank Hamilton, $10S 600
on John L. Hardie, 81, 300 on William
H. Beers, and $102 1874 on Royal H. Pulsifer.
While $4,000 was the sole insurance carried
by Mr. Havemeyer, he carried on the lives
OF TOUR members OF MS IdInlly 9oOU,UVU more,
on which he paid premiums annually. The
DiSston family carries a large insurance.
Hamilton DiSston carries 100000; William,
$110, 900; Henry 500 900, and Mrs. E. D1sSton,
500 900. Thomas Y. England, of Philadel-
phia, carries $3.50 600; George c. Bolt, the
hotel man, carries 1882 600; William 2. Clyde
carries $500 900; Joseph G. Darlington carries
$3.50, 600; the Dodge Company, of Dolgeville,
n. Y, carries from $50, 900 to $200,0 900 on the
lives of it's employees. F. w. Aver. of Phila-
delphia, is insured for $3.50 600; Charles f.
Hazeltine and George Harding for 100000
each Some other Philadelphians carry
large amounts of insurance. John Wanna
maker carries 81, SOC, 900.
One of the most conspicuous of New
Yorks great insurers is Chauncey M De-
pew, who carries $50000 Seward Webb,
who is associated with Mr.. Depew in the
management of the Vanderbilt interests,
carries 100000, but none of the Vanderbits
is heavy insurer. James r. Pitcher, of
Among the other heavy insurers in New
York are: j. L. Cunningham, 100000; An
derson Fowler. $500 000; Alexander Barrett,
100000; P. b. Armstrong. $3.50, 900; G. X
Anderson, $4,000; w. Fellows Morgan
100000: H. V. Newcomb, 100000; J. c. Os-
good, $3.50 600; 1. B. Newcombe, $3.50, 600; F.
$4,000; c. Fl. Venner, $3.50, 600. H. H. War
ner, the medicine man of Rochester, carries
100000 Herbert c. Pell of Tuxedo, $4,000;
A.G. Yate, of Rochester, 5000 600; Smith Weed
100000 ex-senator Don Cameron, 5000 000
Henry G. Prick, the manager of the Car
negie works at Pttsburg, carries $40, OOO
$25O,000; w. j. Fraday, $3OO,OO6 T. NJ Arm
strong, $24O,000; E. NJ. Hukill 100000; j. e.
Schwartz $1,000 w. D. Wood, 5000 Co., and
Chris Magee, the newspaper owner and po-
litical boss. $4,000 William A. Arnold. of
Reading carries $250.000; Thomas A. Edison
$4,000: p. H. Glatfelter, of Springforge
$5O,000; D. c. Robinson of Elmira, n Y
$500, 600; j. L. Cunningham, of Paterson, N
J.. $2SS 000; eX-Mayor Mcgowan, of Trenton,
$250,000.
Gen. B. r. Tracey has 100000. S. NJ. Bry-
an, manager OF the Bell Telephone, carries
100000; Prof Graham Bell, the telephone
inventor $4,000; Judge Nathan Golf, 500 000
Col. John Hay. our minister to Great Brit
ain has 100000; ex-senator Mcpherson, of
New Jersey, $1S5,000; Ex-Governor Sheperd
who now lives in Mexico. has 100000: ex-
Senator Brice. of Ohio, carries $100, 600; our
late minister TO France Mr.. Eustis. carries
100000. But the list could be stretched out
almost indefinitely Hard times have not
made much difference in the amounts ear
ried by wealthy men, though they may
have prevented some men taking out new
insurance.