New-York tribune., 1905-08-15
JAMES M'KEEN RETURNS.
4UyAITING MR. HUGHES.
Preliminary Campaign of Insurance
Reports Being Made.

Oharles T. Hughes has booked HIS passage for
August Il on the Kronprinz Wilhelm from Bremen,
"hieh Is due to arrive here to-day week James
meheen, who is Mr. Hughess associate counsel
10 the legislative insurance investigation commit
zee returned to town yesterday and has reviewed
the preliminary work of the investigation
II IL understood that Mr. McKeen viii not take
any initiative until his colleague shall have
.iVeo. In connection with the preliminary work
MI Mekeen is learning the reports OF various In
surance companies as issued in this state COM
pafihg them with the reports issued by the same
companies elsewhere
counsel pointed out that inquiry reports had not
necessarily any special significance as different
commissions asked for different sets of figures
Mr. McKeen is likewise examining for reference
copies OF the Frick and Hendricks Equitable re-
ports He has not Yet received the copy OF the
hendricks testimony which was expected yester-
day.
I have no knowledge that the New-York Life
viii De the first insurance company TO be investi-
gated Mr- McKeen told Tribune reporter. The
western insurance commissioners their recent
VISIT hoped that the committe would have finished
its investigation OF that company by October / I
told them that the committee would do everything
IN its power TO assist them That Is as far as the
matter went The situation is not definite enough
10 make any announcement on this point"
AS told already in The Tribune, Mr. McKeen said
mat all companies would be examined collectively
as to common features.
Reports TO the contrary notwithst nding the
Availability of witnesses and books will govern
TO a large extent the order of examination. Mr..
Mckeen is Of the opinion that at least two weeks
VIII eiapse before the first public session Senator
w W. Armstrong. the chairman Of the committee,
VINO was expected back yesterday, sent word that
ne had been detained and would not be In town
until tomorrow. 1t is understood that Douglas
Robinson and John Golding making entirely
independent appraisals Of the Equitable property
on behalf of President Morton,
Senators Armstrong and Riordan and Assembly
1 man McKeown will meet this week to decide on
the place of the session. From present indications
the choice will be the Criminal Courts Building.
The committee is anxious to settle the selection
OF Joseph H. Choate advisory counsel. Mr..
Choate has not yet decided as to whether he will
accept. There is likewise question of contract
Ing for the stenogrsphc work. For sanitary rea-
sons Senator Riordan favors the Aldermanic
Chamber of the City Hall the place OF session
The work of selecting the kind OF stationary the
committee will make OF has also been assigned
to subcommittee, which will have to decide. too.
on the form OF the subp9nas for witnesses. All
the subcommittee which have charge of these
questions await Senator Armstrong; return.
In the morning Senator Chaunoey NJ. Depew at
tended the regular meeting of the executive com
mittee of the Equitable Asked whether he had
any statment to give out to his connection with
the society, he said: Il have nothing to say"
DO you wish TO say anything about Jerome s
/ ''I have nothing to say" ne repeated.
Routine subjects only were considered at the
Attorney General Mayer is expected in town later
! in the week.
From the tables furnished in the current issue
{ of THE Insurance Press New-York is the only
! State in which the local companies write most of
| the States insurance business, New-York corpora
tions having received $40 100 Of the s5s
paid last year for life insurance in level premium
organizations by the citizens of the State
Albany Aug. 14-Attorney General Mayer has
received notice that the following will ap-
pear for certain defendants in his omnibus suit
against the old board of directors Equitable
Life Assurance Society: For George J. Gould,
Pierce & Greer; for E. II. Hartman. Carter, Led
yard Milburn. and for j. F. De Navarro E. J.
Gavagan