Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1906-08-09
Mutual Life Officers Lose In
Decision Handed Down
by Court
LIST OF NAMES MUST BE GIVEN
Court Holds Company Shall Forward
List Of Policyholders in Time to Give
Committee Opportunity to Notify
Thorn of Iection-obstacIes Put in
the Way.

New York, Aug 9.-IThe management
of the Mutual Life Insurance Company,
unless the decision handed down by
Supreme Court Justice Giegerich yes
terday is reversed, will have to forward
to the state superintendent of insur-
ance all corrections which it receives
bany July is. Justice Giegerich is
sued writ of mandamus directing
that to be done. He held it the intent
of the new insurance laws to give all
polcyholders every possible opportun-
ity to communicate with each other.
In obtaining the writ, Col. A. FL.
Shook-or rather the international pol
icyholders' committee, of which he is
member and which he represented in
the action--has scored a point in the
controversy that has been going on
between the Mttual's officers and the
international committee. Colonel Shook
on behalf of the, committee also asked
the court to direct the Mutual Life
80
addressing envelopes to use at it's own
expense the corrected stencils which
the company is having made. Justice
Giegerich held lie did not have power
to order that. which means the inter-
national committee In sending out cir
culars to the Mutual policyholders
will have to address envelopes in the
usual way or have stencils Of their
own made al an expense Of about $780,
900. The New York Life granted the
use of it's stencils.
The international committee was
represented at yesterdays court pro-
ceeSlngs by Samuel Untermyer and
the Mutual Life by Frederick +. Allen,
it's assistant solicitor, and Walter S.
Brewster. There was one interesting
tilt between Mr. Brewster and Mr..
Untermyer. Mr.. Unternyer had de-
clared that In the campaign literature
which the Mutual management has
been sending ont at policyholders' ex
pense the unwarranted assertion was
made that none of the men respon-
sible for the scandals in the company
any longer were connected with it.
Your honor we'll understands" said
Mr.. Brewster, "that the personnel of
the Mutual Life today is not what it
was at the time of the Armstrong
committee investigation"
"Ie says the personnel Of the COM
pany has been changed" retorted Mr..
Untermyer.
"rhe idea OF such statement. A
few scapegoats have been sacrificed by
the men in power, but these same men
are the ones who are responsible for
all the corruption and all the theft of
the policyholders money under the old
regime They are the men in supreme
control today"
Mr.. Untermyer said the company,
having IA correct list, is sending cir
culars to the policyhollers without
delay, in an effort to influence votes in
favor of the trustees nominated by the
present administration.
"a more infamous, unheard of per-
Torrance never has found its way in
to a court of justice" he declared 1--WE
have only until Sept. IS to nominate
a list of thirty six directors, and. unless
we can obtain correct list of policy
holders, we cannot reach them, and
many of them will be disfranchised
from voting. We are in peril Of not
being able to nominate a ticket unless
the facilities we demand are granted
u.s.