Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1905-12-05
ARMSTRONG TALKS OF WORK
Says Insurance ommi tess Life Does Not
End with Osnvening of Legislature.
CoRTELY0U AND BLISS. MAY Be CALLED
George ID. EldridEe, Vice President
and Actuary of Mutual Life,
First witness on the stand
In the Morning.
CoRTELYOU AND BLISS. MAY Be CALLED

NEW YORK, Dec. 4-Senator Armstrong.
chairman of the legislative insurance COM
mittee, said today that there was an err
roneous impression that the life of the COM
mittee would be at an end at the begin
ming of the next session of the legislature
on January 3. This, he said was not true
The committee would continue in existence
and would continue to sit and take evil
oence unless the legislature by Joint action
ordered to stop 4 he invest igatiDn. -
We hope and fntend,' said Senator Arm.
strong ito finish this investigation by De-
cefnDer 81 and to make our report to tho
legislature when it opens. We have got AT
the main things and the moral effect Is
half" = -
Inc senator said it is possible that, Post
master General Cortelyou and Cornelius n
Bliss of the republican national committee
VIII be called, but he does not see anv ron
son why they should be. Asked about the
probability of calling other witnesses
among whom II. II. Rogers had been mem
uohed as a possibility. the senator said the
committee was not appointed 10 investi-
gate the Standard oil company. There
are insurance men" he said. who would
De glad to have us devote the twenty-three
Gays remaining to something else than In.
surance."
Methods of Mutual Reserve
me most interesting developments in the
esislative life insurance investigation u-as
/ contained in the testimony of Horace d
! broekWay, u hotel proprietor and director
~ the mutual Reserve Life Insurance com
Pahy' VINO said that he had given s. 600 N
PRESIDENT Frederick A. Burnham of thai
1oNipany at the demand of Mr. Burnham
~ 1875 Mr. Broekway told the committee
'"a' MI burnham told him that IL he
I n u 'aNe our policy in the Mutual
| Reserve he would make him a d,rao,n'.
. Mr., Brockway then took ont ,oI,oIa.
amounting to $1,000 After havin. 49, :
director for some time he was mn, ~, az
payroll OF the company at $500 a w,oaI,
received that salary for four month"; ana
then II was cut to $500 a week As-aS
"hat ne did to earn that money ho go
ne looked over some loans for the com.
Phhy, was consulted by policyholders as n
"he'her the company was a good one IN
insure III ana did whatever he was asked "a
10 he mad been getting $500 a week eiph,
5000 ""ueu the
Money Paid ia NewspapeFs
! what President Durham did with Tho,
money was explained by George ID nj.
ureuse' vice president and actuar-v NJ tbs
mutual Reserve Life Insurance cop,nor,,
VINO testihed that President Burnbar, toid
MN ne had given II to Hilary Bell a news.
paper man and public agent of the cam.
panS. to secure the publication of ar,,ota.
iaNOfaDle TO the company at a time vybe,
1t was being criticised in the nevsna -
MI. Ben mad said that he could aceop,nIist
hueh more with the money il ne were no,
coinpeiieo to report TO the companv irs
what lac expended IL for 'N9
MI BrockWay said he is stil a dir,,t,,,
OF the company. The reason why Pres,5e,,
burnham WAS not called before the com.
mlttee was given by his physician uh,
told the committee today that Mr.. Rprn
nam Is TOO sick to appear or even mako
deposition. 'Ne
vice President Eldredge also testified fbs
ms company had much trouble with Andrev
D. Clunie when he was superintendent -
insurance OF California, ana in six vesr,
from 1877 paid Thomas ]. Clunie, the con,
mlssioners brother, $500 in counsel fees :,
represent the company before the Insurance
commissioner and legislature of thai STAT
MI. Hughes was investigating the reIa
ttons OF the Mutual Reserve Life Insnra'ne
company with the New York state ins,r
anee department when the committee al
journed until tomorrow.
Senator Armstrong, chairman OF the CON,
mittee. said today that the committee sx
peeted 10 finish its work by December a
but that IL IL did not the committee wo,,I,
not pass out of existence when the Iesisia
ture assembled unless that body 80 ordered
Great LAwsuiI Decided.