The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1903-05-30
Topeka People Ask That Kansas
Mutual Be ReOrganized.
Large Meeting of Business Men
Is Held.
IT WAS ALL ONE WAY,
Committee Appointed to Work
for a Reorganization.
j. P. Davis and Old Officers OPP
pose This Move.

At a meeting of forty members of the
Commercial club, and policy holders of
the Kansas Mutual Life Insurance COM
pany, held Friday night at Security
hall, a resolution was adopted favOring
in a general way the reorganization of
the company as a Kansas corporation,
instead OF reinsuring the risks.
There was a committee appointed to
formulate some definite plan of reor-
ganization TO be proposed to the policy
holders at the meeting to be held Mon
day. The committee is composed of j.
B. Larimer, Jonathan Thomas, G. c.
Blakeley. c. L. Wood and ]. w. Going.
These gentlemen are all favorable to
reorganization.
The meeting was not unanimous in
favor Of reorganization. The only OBJ
lection presented was that it would be
impossible to reorganize successfully
J. P. Davis, John E. Moon ". NJ.
Welcome, H G. Schwartzkopf and
Stonewan Tingle, former officers and
employees of the company, were present
at the meeting. Davis, Moon and Tin
gle spoke in favor of reinsuring the
risks of the company.
Among those who favored a reorgani-
cation of the company and believed it
ing of the Shawnee Fire, John F. Car
ter a policy holder of fifteen years
standing, q. c. Blakeley, formerly act
uary of the Kansas Mutual, A NJ Har-
vey, ex-heutenant governor, jonathan
Thomas.
The committee which will formulate
the plan of reorganization also prepared
the following resolutions which were
adopted
1T is the sense OF this meeting that it
is highly desira bic that some plan be
devised by which the business and at
fairs of the Kansas Mutual Life lnsur-
ance company may be continued as
Kansas institution.
ITO this end we recommend TO the
policy holders. if they can do SO legally.
that they agree upon plan of reorgan-
izatiOn by which the assets and prin-
cipal Offices of the company may be re-
tanned in Kansas. believing, as we do,
that the people Of this state can and
will sustain home old line life lnsur-
anee company if conducted faithfully
and with skill and ability
John +. Frost presided over the meet
ing, and c. S. Elliott was secretary MI
Frost first introduced Chas G. Blakeley,
who is now employed by receivers OF
the company. Mr. Blakeley traced the
history of the company, and said that
he believed that the pride Which Kansas
has in the Kansas Mutual as home
institution win serve to pull the COM
pany through its present diffcultes,and
make it possible to reorganize.
Ex- President J. 2. Davis of the Kan
sas Mutual was then called upon, and
said he did not believe it possible for
the company to be reorsanized. He said
that the Commercial club had once be-
fore made an effort to save the COM
pany while the matter was before Judge
Hook. and had failed. He did not be-
lieve that it would be possible to reor-
game
+. II. Crosby differed from Mr.. Dav--
is He thought that the company should
be allowed 10 reorganize and lie dorm
ant for a few years until the present
excitement blows over and confidence is
restored He cited instances where this