The Montgomery advertiser., 1905-11-14
WILL RECALL MIR. TAMIL TON Committee flakes Demand on Mccall. THE INSURANCE SCANDALS
 
 More Interesting Testimony
 Is Brought Out. Presidest of the New York Life says He wm Repay ssss,soo if the
 Mis@ins Ma. Does
THE INSURANCE SCANDALS

president of the New York Life Insur- ance Company, was called before the Armstrong Committee of insurance tn- vesti9ation today and peremptortiy or dered by the committee to demand tho return from Europe to this country or Andrew Hamiiton the. lawyer who has had charge of legislative matters TOT the New York Life.
 Mir. Mccall was further ordered to demand an accounting from Hamilton of the money expended by him and of the balance which he owes the New
 Mr. Mccall denied that 1t was the policy of his company to have MT. Hamilton remain abroad until after this investigation had been concluded. ana said that on the contrary he would very much like to have Hamilton return.
 MT. Mccall. replying to Mir. Hughcs. counsel for the committed, said he had called the attention of the board of trustees of the company to his testi- mony before the committee relative 10 Hamilton. and gave Mr. Hughes copy of his statement, which said that If Mir. Hamilton did not return to the New York Life the sum of $235.o00 by De- cember a1 he would himself pay 1t 10 the company. Mir. Mccall said Eamil- ton was either In Paris or Nauheim. Anether Interesting Witness. Another interesting line of examina- ton was opened up just before the ad- | journment for the day when John Mo | Ginness, an enlpioye of the Equitable Life. was called He produced letter I books and memoranda which Mr. | Hughes read and was in the midst of I reading when adjournment was taken. | These were instructions from former Comptroller Thomas D. Jordan of the l Equitable Life to A. C. Fields, relative Il kf ho Vx1 nr q A x&Na <rE of every bilr introduced into the Leg islaturs that would affect the Interests of the insul ance company on any of Fits officers. This line of examinatior will be followed out when. the seezicne are resumed, tomorrow.
 Fer the TInse OnIy. < The published answer to a question propounded by Insurance Communications CTS of several States. after the Equit- able disclosures was read to Mr. Hege- man. This answer was published after this payment of S16.000 into the cofp- pany's treasury, and stated that no of- ficer benefited from the company's sym dicate participatlons. and that the conn pany received al the profits of them. Mr. Hughes brought out that the an- swer covered the situation as 1t existed in July when the answer was made. and not at any previous time.
 Mir. Hegennan was asked about the Ydiue or the MetFOpoltaus 24tIH5 4UtNf~ ance Company's real estate. He did not know the cost of the company's build- ing containing it's headquarters in this city. The basis on which 1t was built was to pay the contractor the cost Of it and { per cent. additional.
 willard D. Edmister. a fire insurance broker, testined that his partner is si- ropolitan Life Insurance Company. He said his firm placed all the fire insur- ance policies on the mortgaged proper ties of the Metropolitan Life Insurance Company.
 John A. Mccall. President of the New York Life Insurance Company. was then called and asked if he had any knowi- edge of the whereabouts of Andrew Hamilton, who has represented the New York life insurance Company before the Legislature at Albany. Mir. Mccall said he thought Mir. Hamilton was at Paris or Nauhein. He has not ordered Ham, ilton to return because he was inform ed that Mir. Hamilton was not in con- dition to do so. He had not had any accounting for Mir. Hamilton of the money he owes the New York Life Tho Absence of Hamilton. 'Ts the policy of your company to have MT. Hamilton remain abroad until the conclusion of this investigationE asked MT. Hughes.
 ''on the other hand, I should very much like to see him here. replied A1r. Mccall. "ae has not had any money from us in months but we have not dis charged him."
 MT. Mccall submitted the following statement which hs sad he had made to the trust officials of the New York Life Insurance Company:
 ITO the Board of Trustees--In my testimony before the special legislative committee of this State. referring to A kr.H r4ua4ss of recent purchases of the company's annex property in the block bounded by Elm, Leonard, Centre and Worth Streets, stated there were unsettled bills of 1905 outstanding of Judge Ham, ilton which might be regarded as off- sets, leaving net amount due about S70.- 900. desire to place on our record an additional statement that if the said sum of s235.0O0 advanced to Judge Hamilton is not repaid by him to the company on or before December IS, 1905, then 1t will be my duty and ob- ligation as expressed in my testimony aforesaid, to pay to the company said amount of $2s5,00o on or before Decem- Der 31. 1905.
 John A. Mccall
 New York, Oct. 9. 1905 -
 was any action taken before your Board of Trustees or any suggestion made in the board that, exclusive of
 
 thousands of dollars paid to Judge Ham- ilton for which you have nothing but his receiptT asked Mfr. Hughes.
 MT. Mccall said 1t VI not consid- cred.
 COmmittee Wants Hamilton.
 MT. Hughes said the committee is de- sirous of having an accounting of the money which has been disbursed with out any vouchers other than the re- ceipts of Mir. Hamilton and to know what the money has been used for and asked Mir. Mccall to take steps to have such an accounting and to Instruct Mir. Hamilton to return to this country lf he is in physical condition to do so,
 MT. Mccall replied that he would in- form Mir. Hamilton of the wish of the committee, but he could not control him.
 William A. Reade. the banker for the Metropolitan Life Insurance Cosn- pany, and former member of the firm Of Vermilye and Company. was call- cd. He was questioned about the Fe- bates to Mir. Hegeman. He said the ,.nn,-kao rzta,sa an iaStance 4f fh hxt1,r44fS,..