The San Francisco call., 1906-08-25
Grand Jury Learns
of Hypocrisy of
Companies.

The Grand Jury, after a great deal
OF persistence, has at last ascertained
the names Of the reinsurance compa-
nies with which the London and Lenca-
shire is reinsured. Charles Hendry, rep
resentative of the London and Lanca-
shire, before the inquisitors yesterday,
named five companies that are among
the ranks of welchers. He gave the
names Of these companies and said
some of them are for horizontal pay
ments, while others are denying liabil-
ity- He named the following compa-
nies as those which carried insurance
of his company: Aachen and Munich.
Minerva, Traders, Transatlantic and
the Calumet
1t was the attitude of these compa-
mics, according TO the officials Of the
English company. that caused the Lon
don and Lancashire to commence shay
ing policies. They declared that these
reinsuring companies are not paying
the London and Lancashire in full and
some Of them. they assert, deny total
liability.
Hendry alleges that il these five com
panies would settle with the London and
Lancashire his company would be
willing to pay San Francisco policy
holders dollar for dollar.
CLAIM LARGE SUM DUE.
-Four Of these companies make a
showing in their statements of having
more than se,000,0o0 due them from re-
insurance. These are the Transatlan-
tic. Traders, Aachen and Munich and
Calumet. The fifth. the Minerva, is re-
/ insurance company only-a European
corporation, the intentions of which
have been mentioned in a circular sent
out from Europe some time ago The
Traders is in the hands of a receiver
and its stockholders are hoping TO es-
cape the payment of coin on personal
liability.
The companies other than the Min
erva and the Traders. while making a
claim of large sums to be realized from
reinsurance. are trying TO dodge the
payment of their own liabilities of that
nature.
Just what future action the Grand
Jury intends 10 take against the Lon
don and Lancashire was not divulzed
AS Hendry has complied with the re-
quests of the body it is possible the in
vestigation into the affairs of this COM
pany viii cease.
Hendry has appeared before the
Grand Jury several times, but has for
some unknown reason held back the
names OF the reinsurance companies
This information the Grand Jury has
obtained will bring to light the unfair
methods of other insurance companies
OTHERS TO BE EXAMINED.
The inquisitors are again on the trail
OF Henry c. Quinby, attorney for the
Eagle. whose actions have given the
Grand Jury some concern. deputy
was sent out with a subpoena yesterday
afternoon to bring Quinby to the
Grsnd Jury room, but the best he did
was to go to the Office of the attorney
and bring back q man who looked like
Qpinby. However, the police will have
a week to serve papers on the elusive
attorney and have him present at the
next meeting.
The adjusters Of the Milwaukee Me-
chanics' and the Hamburg Bremen will
be haled before the body at its next
meeting.
Mrs. Love told a story to the Grand
Jury of treatment accorded to her by
Adjusters Murphy and Mitchell of the
Hamburg Bremen Company. She said
she formerly lived at Seventh and
Howard streets, and had her house and
furnishings insured for $500. She al
leses that the adjuster wanted to cut
5000 from her policy because she erect
ed her house on leased property, and
then wanted TO pay 75 cents on the
amount that remained.
The following resolution, framed by
John E. Brannan, for cn1an of the Grand
Jury. was adopted:
The Grand Jury recommends of per-
sons holding policies in the Fireman. 8
claims in the hands of the Policy hold
ers League and abide by their decision,
that by this method all policies will be
paid in full.