New-York tribune., 1906-10-04
N. Y. LIFE CHARGES.
"LOOTS POLICYHOLDERS." "
G. r. Scrugham Says 1t Is Usins
Manu- Agents to ELec1Oneer.

George p scrughar the international commit
tees manager. declared yesterday that the New
York Life is employing more thaa nHe 'Aous''i,d
agents and special represen.ati.es and II eNp'nd-
snr M least Saoo day. in electioneering for its
administration -icket. Mr. scrugham in'imates thar
..the policyholders themselves are being looted 10
provide -his enormous campaign fund" to defeat
rhe Dolic-holders' efforts obtain control or tnelr
own r,roper;y Nr Scrugham's declaration was IN
reply 10 Vice-President Buckners statement deny
fnC the employment ~ any portion OF the company
funds 10 Influence the success OF either ucket IN
su-port of his assertion az the companys election
eering activity. ne declared that the committee Is
receiving hundreds OF original letters rom an sec
rions of the country. we'll as reports mace 10 iie
committee by indignant policyhoieers-
The international committee made public a sam
pie letter" on the compsnys notepaper from J. =
Parker It's general agent Cleveland. 10 Edgar .
Ludlow. OF Chicago in which the writer urses M
LUDLOW ask his brother 10 send MI farker
letter indorsing the administration MI L"uIo
reply shows that he not only denied the general
agents request but expressed his intention ana
the intention OF his brother 20 vote Tor the OPPOSE
ton ticket. According 70 the internahohal Oo'n
rrttee such letters that Of Mr. Parker are hooa-
ing the country with the manaeements SANCTION
although the management invariably disavows any
knowledge OF such action by its agents
The committee made public also Nice-Pr-sicent
Ytnr~levs reply OF September is TO insurance su-
ne-sntendent Kelsey. 70 Mr. Schughams COM
plasnt against the action OF the company's agency
oiraoror At Lexington. KY. Mr.. Kingsley, in his
ren,v saws the charge that the agency directors
circulars were printed and distributed the cor
porate act OF the company, either directly or
through any authorized agent. is untrue.
A Mutual Life official declared yesterday that II
IS %. Colgate COMMITTEES which has been sending
out the blank administration indorsenent petit
slons In view OF the fact that Il Is the companys
managers and agents 20 whom many of these Pc
tttsons rent- obtain the polcyholders
pledges 3n advance, the international committee
sees IN this definite confirmation OF the reporteo
OF the agents time IN elecIIoneerine az the
instance OF the Colgsle committee. but with tbs
sanction OF the Peabody management
Mutual Lie officials declared that the companys
IlO00 order 20 Postmaster Wilcox. told N
yesterdays Tribune. for $1,000 stamped en-
-elopes. adding that the order was sent in the
regular way by check. indorsed by Nj HlhheFt
the head Of the company's mailing department
and not, reported through q stauoner- .
George 7. Dexter. second vice president sala
last night that agents on commission basis we're
responsible for Of the cornpanys alleged cam
ysign!ng for the administration ticket and can
vassing for prominent poiicyholdeTs' Endorsements
81 esch state
BENJAMIN J. Levy through Allen Carruthers. Is
suing the Mutual Reserve 10 recover Nel' OF S2ase
alleged have been paid on &,9o policy: Levy
alleges that when he became q policyholder IN
1ss- he paid only 81 bi-monthy. but that when IN
1893 be was asked 10 pay So. he ceased % con
Jinue payments. Mr.. C6rruthers says the English
Privy Council IN the Of a similar suit against
fund ell excess. Because Levy resigned, however.
he may for only one-third % the amount or
his payments. according NJ. Carruthers
This is likely be one OF many similar suits.