The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1903-08-16

count is smaller than is used by the
Mutual Life of New York. For ex-
ample, last year the gain and loss ex-
hibit of the Northwestern Life and
Savings Company shows that the Com
pany did not use their expense loading
within $133.145.0 and that the Mutual
Life did use all of their expense load
ing and 81, 42S,6S more than the total
expense loading. Now, we believe that
a law ought to be introduced into
every state that would prohibit any
company from using beyond the eX-
pense loading.
To further injrCe this Company and
head off this principle. which is abso-
lutely righteous and which no man who
has the good of the policyholderp public
at heart, can deny, insidious attatks have
been made upon this Company by their
rivals not induced by any good will
toward the policyholders. but with the
idea Of Gripping this Company's bust
ness, and thus forcing the Company
to give up this one idea of limited ex-
pense and fall in line with the great
mass of insurance companies which
have wrung Millions out Of the people
with their enormous expenses.
AS an illustration Of this a petition
was recently filed by one Chas. Mac
kenzie, an attorney of this city, alleg-
ing that Rena B., Cathcart had been
grossly deceived, and in taking out a
policy with this Company had been
misled and guaranteed large sums Of
money that did not appear in the con-
tract. 1t is alleged in this petition that
the said plaintiff refused to accept her
policy as soon as she discovered what
it was and that the agent who wrote
her had guaranteed double the money
that she would pay for the Iplicy. Now,
the facts are simply these: Rena B.
Cathcart made application for two
shares to this Company She made 1T
upon her own motion, went to the
agents house when the agent was
away, wrote the application in her own
handwriting, giving her two notes in
payment of the premium. accepted her
policy and paid her notes without
question, but one year afterward wrote
to the Company the following letter:
New Sharon, Iowa, July S, 1902.
Northwestern Life and Savings
Company. Des Moines, Iowa-Dear
Sirs: / have changed my residence
from Alton, Iowa. to New Sharon. 1
wish to sell my policy if I can. or is
there some other way in which l can
get back the money I have invested,
two payments, making $50? l do not
wish to continue the payments. Very
respectfully.
-''Rena B. Cathcart."
Now, the petition on file is not
sworn to by Miss Cathcart. and it is
very doubtful whether she knows the
contents of the petition. This petition
has been written up and sent to the
different papers for comment. with no
other purpose than to injure the Com
pany's business. The petition alleges
particular statements which Miss
Cathcart would not dare to swear to
because they are absolutely false. Miss
Catheart never refused her policy and
never demanded the return of her pre-
MUM. The last communication we
had from her was dated July S, 1902.
asking us to change her address. The
whole thing was gotten up for no other
purpose than to try to create adverse
public sentiment 1t is not true that
Miss Rena B. Cathcart is a poor girl
1t is true, so far as we can learn. that
she is young lady of good repute,
and. We are the more inclined to be-
1ieve that the attorney who filed this
ease did SO without her knowledge or
consent, so far as the allegations set
forth in the petition are concerned.
and that he has no idea of winning his
case, and that he clearly knows that
he has not a shadow Of a case.
Now, we charge that Mr.. Curtis is a
coward and a coward of the basest
kind, and we hate a coward as we hate
snake. If he had a shadow of man
hood in him he would not be attacking
the city of Des M Dimes, the whole State
of Iowa and all of the insurance inter-
ests in this city in an attempt to hit a
special company that he was afraid to
attack In the open. The business of
this Company has been so transacted
that the men who stand sponsors for 1t
have nothing to conceal, and are will
ing to make an open fight. There will
be nothing held back. There Is no
company doing business in the State
of Iowa, whether organized under the
laws of this state or not, that is more
able to carry cut its policy contracts
and is more carefully protecting the
interests of its policy holders than is
the Northwestern Life and Savings
Company. and the insinuations made
by Mr.. Curtis to the effect that the
Company Is defrauding the people are
absolutely and nnqualifediy false, as
its contract is more liberal than that
Of any policy written within our
knowledge. Respectfully.
NORTHWESTERN LIFE AND saw
INGS CO.
By it's Officers and Trustees:
ID. f. Witter,
President.
Arthur Reynolds,
Vice President.
C w. MarQuardt,
Treasurer.
&C. C. Crowell.
Secretary
&c. M. Keller.
Assistant Secretary.
e. III. Irwin,
Actuary.
&c. D. Ellyson.
John Herriott.
John H. Blair.
&c. L. Gilchrist.
i. C. Mccartney.
M M. Reynolds.
w. L. Eaton.
H. III. Green.
II B. Tinker
The Minneapolis office of the North
western Life and Savings Company is
located at suite 520-533 Guaranty
Bldg, Minneapolis. and 31S New York
Life Bldg, st. Paul. Any question or
information in reference to the Com
pany will be cFfeerfully answered by
their State Managers. Messrs. Croweil
& Smith.
Cast your eye on the Emporium adver-