Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1901-01-22
POLICY ROLD[RSAI SEA.
Southwestern Mutual Committee
Fails to Get Injunction
Dissolved.
Committee Reports In Favor Of
Reinsurinl In Another
Company.
wordy Sessions In Which Some
Uncomplimentary Things
Are Said.

disagreeing Factions to accomplish a
reinsurance OF the bus iness or to reor-
ganize have failed SO far. Judge Caswell.|
refused to dissolve the injunction or to
modify 1t until he obtained an express
sion from tho meeting relative to the
desires of the members.
The meeting today, adjourned from
last Tuesday was marked by lively
discussions and the passing of come
complimentary remarks. There was
a fair attendance, but 1t was not sol
large as q week ago Owing to the con-
vention of the supervisors other quar-
ters We're sought. the forenoon session
being held in the county superintend-
ents offices. which were inadequate to
THE demands. The special committee
appointed to secure a dissolution of the
injunction and to investigate other
companies and recommend one, had
not been able to get together and
formulate a written report but Mr.. Az
len, of Des Moines, gave an outline of
what the &C mnlittee had accomplished.
He said the committee had met with
a PROPOSE ton from tine attorneys for
Mr.. Knudson to dismiss the iEjunc-
ton suit if the fees of C.unsmins,
Hewitt & Wright We're paid and pro-
vided all the proxies in the hands of
various officers and members were
turned over to the committee. divided
equally between the FIVE members and
voted as they deemed best. Failing TO
secure a dissolution of the injunction
the second portion of the agreement
could not be fulfilled He sud further
that an investigation of various com
panies had been made and that propo-
sitions We're received from the Cons
servative Life OF California, and the
American Life. of Dies Nones. but
that other companies in Dies Moines
had no offer TO make andtke National.
of Minneapolis, had concluded !. did
not want the business Mr.. Allen
presented IL personal letter from the
auditor of state, recommending as a
private citizen and not as a state off,
cial, that the business of the South
western be rensuresi in some good
company A, the request OF Judge Cas-
well he a asked for an ex preston of scpn-
ion from ,fe policy holders on the
question OF the injunction and proposed
transfer.
present and was ASKED 10 explain the
attitude of his firm and his client. He
did SO at length and succeeeed in max
ing a favorable Impression among
some who had been hostile 10 the in
junction proceedings Mr.. Hewitt: said
he wac not only Interested as an at
policy holder in the company Because
afford to pay the Increased premiums d
transfer to another company would
entail. he favored reorganization and
injunction to the extent that officer.
llessaid, but that proxies had been OBJ
tanned by the officers of the company
upon represents tions that plans wer,
being taken to reorganlze under ths
new law, but with the intention O.
transferring the business. He insisted
that it is fact that officers az tbs
Conservative Life had been put en- tn.
Southwestern board and held proxies
Mr. III. o. Michaels, of this city, who
has been opposing reinsurance ans
Whose motives are not above suspicion
secured a hearing al this meeting. altht
he was sat upon at the previous one
He charged Mr. Allen with being in tn,
employ of the California company aag
asked the members to watch him to ses
If this was not a fact; that higl
handed scheme was being worked ans
that the policy holders would find the,
had been kidnapped; that the CONNER
ctal Club was being worked to help sci
the members. and that cnce trans
ferreh the offices would be removed /,
Dies Moines. He asked for an investi
Cation of street rumor to the effec
that Mr.. Hafbert had been offered $50.
600 to consllmmate a sale to the Ma
tionaI.
Mr.. Allen resented the statsmen
that he was in the employ of any on
and insisted that he was simply inter
ested az a policy holder and favored
sale to the company offering the bcs
Inducements.
Seeing that nothing was being ac
compliehed but irritation of the mem
beers, some who had taken no part ii
the discussions secured an agreemen
to have the investigating con,nitte
formulate Its report in writing and pre-
sent 1t at.2 O'clock. adjournment bein
taken until that hour.
AFTERNOON MEETING.
Arrangements were made for holdin
the afternoon meeting In the Knight
OF Pythfas hail. which was filed wit
policy holders. holders Of proxies an
Insurance men interested in the VAR
Gus propositions The investigator
committee submitted its report, whic
embodied the offers of the Conserva
tive, Of Calirodnia. and the American
on Des Moines. The discussions wer
tempered and some of the graybeard
took an active part in the deliberation.
1t was decided to secure an eNpressio
of the policy holders prese2t as TO tn
course to be pursued and every one wa
given an opportunity to be heard. At
o'clock the matter was still under cor
alteration.
SCHEDULE OF CLAIMS.
Allowed by the Board of Supervisor
OF Marshall County, Ia, at Thei
January. 1901. Session.
COUNTY FUND
Oscar Alien.... !. >. !. $3.50
F. @. Pierce. 1880
B. L. Burritt >. :. 47.60
Robert Denbow.. :. $50
Herman kobbe.. j. ). 200
A. G. Baker. 2.0O- 342.,
CoNsTABLEs.
Il. b. Jones. 80. 1916
G. g. Woods. :. .... 100
m IN taAe