Rock Island Argus. (Rock Island, Ill.) 1893-1920, 1905-10-19
Arrests Likely to Result
From Mutual In
quiry.
SIGNATURE IN DOUBT
President McCurdy Explains
Relations of Insurance
Trust Companies.

| New York. Oct 19-Richard Nc
made the following statement today:
Il was elected president until June Z
next, and nothing can or will drive me
| out
| New York, Oct 19.-The possibility
of an arrest for perjury growing out
of the evidence given before the legis-
| lative insurance investigating commit
| tee increased interest in today's ses-
| sion of that committee. Further dis.
| closures in that line were anticipated
| today.
McCurdy Recalled.
When the hearing was resumed, Pres
| ident Richard A McCurdy was recall
| 10 resume his testimony as to the con-
nection of the Mutual Insurance COM
pany with the trust company.
The list of bonds and stocks owned
by the Mutual June 80, 1905, was pre-
sented for Identification, and then the
relation of the Mutual with the United
States Mortgage & Trust company was
taken up.
Was In Originally.
The Mutual was interested in the
original charter of this company. Nc
Curdy said. but not exclusively, because
it was desired to have other corpora
tions interested.
Company Not Influenced.
The daily transactions of the COM
pany were not influenced by the Mutu-
al. although the majority of its direct
ors were representing the insurance
company. The MUTUAL was glad to
take debentures of the trust company,
and its mortgages because there was
really no risk in them with the Mutu-
ais large deposits. The witness did
not think insurance companies were
led into purely speculative transactions
because of connections with subsidiary
companies.
Had Interests There.
The Mutual had substantial partici-
patton in the Brooklyn Wharf and
Warehouse company and had it not
had some interest in the United States
Mortgage and Trust company, would
never had opportunity to invest in it.
The Brooklyn Wharf and Warehouse
company went into the hands of a re-
ceiver. Other securities in which the
Mutual invested by reason of its con-
nectiOn with the trust company were
those of the Washington Traction and
Electric company in 1901. McCurdy
said he was not cOnversant with that
matter.
Grounds for Perjury Charge.
New York, Oct. 19-The district at
torney's office was called upon yester
day by the insurance Investigating
committee, because of the testimony
of one witness. and the question of an
arrest for perjury is now being con-
sidered by Assistant District Attorney
Rand. The witness in question is
George J. Plunkitt, an 1S-yearold tele-
phone operator in the employ of the
stationery firm of l.. W. Lawrence &
Co, from whom the Mutual Life In
surance company purchased a great
deal of its supplies of this nature.
PIuukitt's Identity Disclosed.
II was brought out that among the
vouchers for money charged to legal
expenses was one for S901 signed by !
George j. Plunkitt His identity was
disclosed. when Plunkitt was called to
the stand.
When shown the voucher. he denied
that he had ever signed it He further
denied that he had ever received that
amount of money from the Mutual Life,
or that he had rendered the company
any service. Attorney Hughes asked
Plunkitt to write his name in ink on a
piece of paper, which he did This and
. he nfTarHd in owl
dence, and the similarity of the sigma
lures was called to the attention of
the committee. District Attorney Rand
was sent for and the matter placed in
his hands.