The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1897-09-28

Wv len DAl o. IENblNb INST ~
TOR HooTEN's REPoRT-sEcRE.
TARY BARIGHT GIVES HIS SIDE OF
THE DIFFICULTY AND EXPRESSES
HOPE THAT THE LAW WILL NOT
FORCE A DISASTER,
The World Mutual Benefit Assocla-
ton, a West Vlrainia corporation, with
its principal office in Wheeling, which
happens to be located in the Peabody
building, 1926 and ll2S Market street, is
in hot water that has approached the
point Of boiling over.
Yesterday afternoon, Mrs Mary Alt
meyer,widow of the late p ], Altmeyer,
prominent citizen and business man OF
the South Side, who died early in the
summer, instituted proceedings of at
tachment against the officers of the as
ISOLATION, in an effort to collect the face
value OF policy issued to Mr.. Altmeyer
some time ago, and which was payable
10 his wife on his death, the amount be-
ing $1,000, According to the declaration
In the case, filed in the office of Circuit
Court Clerk Henning, by Attorney w.
p, Robinson, yesterday. the proofs OF
loss were filed with the company on
June "a. but as provision of the policy
is that the company has ninety days OF
grace before paying the Insurance, no
legal steps were taken TO collect during
that period. on Saturday OF last week,
the 25th, demand for the payment OF
the money was made, but the officers
declined to pay at that time. hence the
proceedings instituted yesterday after
noon. The attachment, which was serv-
: ed on Secretary w. NJ. Barlght late In
the afternoon, also carries with It
garnishee on the money now in the
hands OF the association or which will
come into its hands upon the lifting OF
the postofIice embargo recently laid up
on the concern. The declaration recites
that this money is in the hands of the
following officers
PresIdent--Frank Chatfield.
Secretary-W. NJ Baright.
Treasurer--J c. Barlght.
Assistant Secretary-Annie ,snIott
The Altmeyer declaration goes on to
reclte that the officers have left or are
about to leave the state with intent to
defraud their creditors; that the asso-
cialon Is removing or is about to remove
It's property or proceeds from premiums
from the state, that the association has
assigned certain property and effects
with intent 10 detraud. and that It has
property or RIGHTS which 1t conceals.
POSTAL AND STATE INVESTIGA-
TONS.
The Altmeyer proceedings were has
tened by the investigation that was
made during the past week or ten days
by PostofTice Inspector Sam Hooten,
who spent several days on the case, and
left the city last Tuesday to make his
report to the postoffice department. Pre-
viOus to this the postOfiice department
had Issued orders u the Wheeling post
master to withhold letters and other
mall matter from the officers OF the
concern. 2
In addition to the postoffice investiga-
ton. a representative OF Auditor La
= toilette, OF West Virginia spent several
days in Wheeling in an investigation Of
the affairs OF the World association.
This representative was Mr.. Charles
Kefauver, OF the auditors ONCE, who
left the city and returned to Charleston
the latter part OF last week. The char
acter Of the report ne made to the au-
ditor could not be learned last night.
ANOTHER LEGAL PROCEEDING.
In addition to the Altmeyer attach
ment proceedings Colonel Robert
White, representing Louis PAUL and his
wife. Laura PAUL. benefciaries OF the
late Catherine Sadler, who died last
Nav. has entered attachment proceed
lngs, which are in a state OF allegiance.
representations and promises having
been made by the officials Of the asso-
citation. The declaration in this case
recltes that Catherine Sadler took out
policy for $500 on her life. which was
signed by G. A. Harper, as president,
and C. r. Thompson, as secretary; that
Catherine Sadler died ON May 2, 1891
and that the benehciaries OF the policy,
Louis PAUL and Laura L. PAUL, have
since been unable 20 collect the money
and that the associations officers are
about to move its property from the
state. Proceeding, the declaration says
that the association was chartered I'M
der the laws OF the STATE OF west VIZ
GINA, November 20, 1892, with the fol-
lowing stockholders:
stakeholder. Residence. Shares
John NJ Dohson, Baltimore"........" q
G. r. Thompson. Boston...........'''."' q
{. H. Baker, Boston, .....,,,.......,'.., q
L. j Bats. jr. New York.,....."..". 10
q. a. Harper, Cleveland. ~
Total shares. .......,,,,'"..''.'''''''' lvV
These shares we're Of par value $1,000
making the capital stock OF the associa-
ton 100000 OF which It was alleged by
the officers that $4,000 was paid In Mt
the time OF the organization.
SERIOUS ALLEGATIONS MADE.
Then the declaration recites as fol-
lows:
AfViant states now here IN this an.
dayit under his oath TINT tho follow