Richmond planet., 1904-02-27
A CARD
The Company Explains.
Richmond, Va, Feb. 25, 1904.

hlcnmond, va, Feb. 30, 1904.
To the Editor of the RICHMOND PLANET,
Dear Sir
In view of the fact that the expla-
nation as given by DIR. Graham in your
last issue regarding the suit against him
by the Richmond Beneficial and Insu-
rance Company is somewhat misleading
ano tends to put the Company in q false
light before the public, permit us to
add word of explanation also.
1t is true that at the solicitation of DIR.
Graham the company erected a stable
on his premises, paid the bill and charg
ed the amount to his account. In con-
sideration for so doing the com pany was
to occupy the stable and credit his &C
count with two dollars each month until
the cost of the stable was cancelled. The
stable was built July, 1901. In July
1902 DR.. Graham was not re elected
president, and the amount of twenty
four dollars due to be credited to the
stable account was permitted to go to-
wards curtailiug other debts in accord
ance with his request. Relieved of the
Presidency the Company was ordered to
vacate the stable During July, 1909 and
July, 1908, the Company sought to effect
compromise before seeking legal al
vice.TheCompany offering to accept one
hundred and sixty five dollars and gave
him three years in which to pay the
amount. de declined TO accept the
proposition, claiming that he had a
right TO dispossess the compny of the sta
bic, and to pay them their money back at
the rate of two dollars per month, send
ing check for twenty four dollars for
the year IN which the Company had been
deprived OF the stable with the under
CT, r,flr hat
would be curtailed in the same way.
The check was kept until the board
meeting of the Company after which it
was returned.
After the lapse of some time during
which no satisfactory adjustment could
be made, a suit was brought against the
defendant and his wife for two hundred
and nineteen dollars and fifty cents plus
the expense to the comp my for the rent
| OF another stable during the time it
| would take the defendant to pay back to
the company according to his way of
payment. The five hundred dollars had
no part III the matter until the suit was
brought. 1t was not expected by the
Company TO recover that amount, but
TO give the jury room to scale the amount
down to the original figures two hun
dred and nineteen dollars and fifty
cents. The suit was gone into and some
important decisions were handed down
by the judge in favor of the COMPANY
One of them being that both the defen.
can't and his wife could be sued with
the privilege of recovering from either.
DIR. Graham's counsel then asked for a
compromise. The President and Secre-
tary of Richmond Beneficial were con
suited and they decided that # he would
pay the company two hundred and nine
/ teen dollars and a half cash down the
Company would pay half the costs of
1 court about six dollars provided he would
! pay the other half. The same was agreed
TO. The court adjourned.
The above are the facts in the case
and 1T can be readily seen that the dis
agreement in the beginning was not ON
| account of the amount due the Company
such as one might infer from reading
the article in your last issue, but how
the amount due the company should be
paid back.
Regretting very much the necessity
| OF taking so much of the space of your
valuable paper, to put ourselves in the
proper light.
We are
Yours respectfully,
RICHMOND BENEFICIAL Insurance. 90