The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-07-10
DOLGE'S PROFIT SHARING.
EMPLOYERS or THE SUSPENDED FIRM
TO PRESENT THEIR CLAIMS.


Suit Instituted to Have Their Claims Ad-
Indicated by tho Courts ms Labor or Pre-
ferred Claims-1 sc, 900 Now III the Hands
of the Receiver Involved in tho Result.
DoLoEv1LLE. N. Y. July a-The wage earn
ers OF this village have lust commenced an In
teresting and important lawsuit for tho pur-
pose OF having their claims under tho Alfred
Dodge system OF earning sharings adiudicated
by the courts as labor or preferred claims. l!
the contention OF the workmen is sustained 1t
means that over $50 900 OF the funds nov held
by the receiver OF Alfred Dodge & Son and the
receiver OF the Daniel Green Company will be
distributed among the workmen. With this
money IN their possession, many OF the wage
sarnsrs would DO able to save their mortgaged
homes In tho village. The action involves
new. questions OF law that have never heen
passed upon by the courts.
In 1874 Alfred Dodge established in his felt
mills In Dolgsville what was then known az
the earnings division system" In 1885 a
feature known as life insurance and deposit
benefits" was introduced and made part OF
the earning system. In 1890 another feature
known as endowment benefits" was, also
added and made part OF the system.
The first or original plan was better known
a. the pension plan. This provided that every
male en- ployee over 81 and under so years Of
are. after a continuous service Of ten years for
the nrm. should. in case Of partial or total ina
bilty to work. caused by accident. sickness or
old age. be entitled to pension. The amount
OF wages earned by the operative the year pre-
vious was made the basis for com putation.
and the pension was payable In cash as fol-
lows: Fifty per cent. after ten years contnu-
Gus service, 80 per cent after thirteen years
continuous service. 70 per cent. after sixteen
years continuous service. 80 per cent. af-
'ei ninp''o
per cent ai'er '"enp!. "o years contih-
uous service, aud 100 per cent after
,a.. ~, acoid.nt "a tile on dutv or sickns.s con.
case Oh acciuehe "niie Oh uu'S' or S'chhess CON
the firm the employee was entitled to a pep-
= 'a.,.,,.,,nu 10 IA mr. oar, ., th. u.oo.
sion ani w i,s n,o,.a ,hn r.ar w.. .oaatno
such accident or sickness at any time pre-
yiUus to tho completion OF the ten-y year ser
vice.
IN. insurance plan provided that every male
am noyee. after a continuous service OF 1--WE
wears Tor tho rm should be entitled Sr 70 an i'm in
wears to another 81 900 insurance policy and
at tho cid Of fifteen years to another ST 900
premiums each YEAR. In case the operative
was reiecfeT bv the insurance company or was
hsvonI The ips limit. the deposit henc hi came
w A. noius Iennsited to this nrrount an
,uaIiv tho sum Of SO. this sum was invested.
dr.~ irtarast and on death of the
tIvs the ,moust with accrued interest Was to
he psid over to his heirs or assignees. At tho
time &c" OF the failure there was in existence in.
france policies OF the face value Of over 800.
n,m IN yhirh Dodge annually paid the pre-
NUNS. since the failure some OF the opera
tves have Espt To up I'M tns r1nes ana others
W.T. IT is the third or endowment plan that the
worlmen are now interested in. 10 perfect
this plan what wa, know b as the mansiaGtur
me- mstbod Of bookkeepng Each machine in the
DOge MorHs, We" "a tsUt wifi e,rb manbin.
IN the fsit mills Tor instance, tho wool when
ant nc re ths rst machine was charged Up to IT,
when the WeTk e the tnS woo Win m
reIns This value Was then charged up TO the
n nSfn me Wool was flashed prodnctHieltH
u nv w To- the market If workman Sueceea
rG"6Gy .9t lne xsriionsiu getting cut mose Wer
IAN per geh ar co II bs succeeded in mak ks
ing fo'ns os I'M ~ pronrtIon couIu 10 dscreassd
he ' rscs sH credit Tor th. insenticn Tie
general baanso o tbs ,I ss,n record
was maze eaeh year Viz dnh b s"er eagn moi Ta h
Man Mar prcytded that the opera:iye should rao
ceye nan csn Whsn the operatye had reecbsd
Oh. :" pet per of ia vears the endowment ncco,nt
was 10 pe pau ~ ~ ths d.atb Of The onernt im VI
The endowment account was PAYABLE to the
heirs Of deceased Forthwith. ''''
All the DOLCE earnidnf sng plans ans sncopr
n nn ~. nnrt ~ The oner,tives acI
workman entitled TO the dement's under this
Man had small passpook in which was cred
it rad, n , Zach YEAR tbe endowment and nccIued
i,eu w earn Sr.vioms endowments Many ue 81
~ IA o u lad 300 ar $500 credited
my my r. ~ ths m on the endowment account
W 20 'stho se . ~ The Dciee snrpir,.
sb o Man reads ns follows: III in case ~
tt he GnahEs OF pifpsH nnins som ths ,ntnra
Sn1 "uS ot the husinsss should not he niIIin9
nv nonfnm. the provtsi"ns Of this law "a barsin
70 IN aso - ths ninIina "n ny IN
% n .,J hona. al mnnars whi,b n III
e. VI r n" ~ ~. nrnOIess ~ ~. ma
ne 10 tme ~ y, .,ie ~ ~ ~. atS oI
, snaGt chonge sbaii tbsn forthwi III w 10
nGI 10 aaay.rni ~ pIn%.es smfitIsd thnrnt
Ehiu |5 tien tbot fbn wrI D.n t
claims