New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-02-21
JOHN S. WISE PROTESTS.
Defends RAYMOND 6 co.
Declares Contract 1uith Mutual pGlId
-DeuOunces Salts.

yohn s Wise. who is counsel for Charles H. Ray
rnoud and Louis A Thebaud in the SUITS which are
being brought by the Mutual Life. made state
meut to Tribune reporter last night in whloh ne
sssd that Raymond & Co had valid contract Win
the Mutual Life. NJ. Wise attacked the newly
blooned philanthropsts now in charge OF me aialIs
OF The Mutual company and declared the courts
would vindcate his clients. Mr. Wise's statement
follows:
Nv firm does represent Raymond & co. IN any
proceeding which the authorities OF the Mntuai
caa S tsSr RSSo S amy Louis A Thebaud our
SenS What say eS 81 y o fee that The grossly
perverted statements daily Disseminated asSI.is
shcm, eInanating from those now in charge OF me
affairs Of thar company. are an outrage upon TWO
honest gentlemen who wheh Lney nSN% an iii not
tunity TO be heard in an impartial tribunal VIII rUS
only be fully vindcated. bat will have the nearly
Perfectiy aware OF their up-ightness and with
nothing 70 conceal the only criticism OF, OF Il eI
facts 10 IndiscIosed adversaries who without per
nitting them 10 stale All the facts. have deiber-
Rtey sought 10 peIveTt the few elected
tra6 ssI Rth this compa n when ey We're hoted
several months ago ~ ne neMg nio9lfa RPIta1
company that their current profits on their con
perform thelr duties unHer NE conlIacI 9ut Went
on with II 70 its conclusion giving notice that they
them.
To have refused 10 go on would have crippled the
business they had done much 10 build up They
would have sued the Mutual company before now
for their profits ii they had not listened to the
assurance that by waiting Tie company might take
an honest and fair view Of their rights.
their services without showing them the slightest
consideration or courtesy, ana now sudoe e.
purpose TO sue the COMPANY The first inumation
given me of this purpose was a request 10 accept
service OF summons in three proposed suits. Ihls
was accompanied bv no complaints showing the
In an interview with the counsel Of the company
could get no satisfactory statement OF thelr par
any or al issues instructed me to accept service
did SO yesterday, after midday, and while could
learn nothing from them OF these proposed com
plants the newspapers this morning contained ful
claim ia each suit. This information obtained
at the offices OF the Mutual company, TO which
bano OF reporters repair every afternoon for bull
letns Of the progress OF this yet unborn litigation
of embryo charges OF fraud
IN litigation OF tnis magnitude. 1t arise from
but two causes: First, a pressure upon these new
desire to create prejGdce in advance in their
own favor and AGAINST my clients ] never prac-
tised law before IN the newspapers and If this case
IS 20 be tried by the public ] shall claim an appeal
10 the next general muster. ,-,.
II il gets 10 court IL shall. when the straight,
unvarrished tale OF Messrs Raymond and Thebaud
yfndicated a law, hut approved by everybody who
The very point upon which the strongest prejudice
IS now being wrought mp against Mr. Ihebaud 10
19y1c15 e 60 nil fIrIiSb 1a,7sy,-aTsbie nroof
Of the honorable generosity Of his partner and his
oft repeated statement that his contract was IN
company VIII be shown 10 be mere false pretence,
and, unless the doctrine Of estoppa and the legal
a
ald hao ne Wlole Dtielli nl IL cannon 4ulLe II
after another has more than performed his obliga-
lions gnaeT II t aTe 10 be treated as nueS' tins
This much is due 10 two grossly slandered hon
oTable men, 10 protect them from ISLANDERS until
their day IN court shall come. Newspaper assaults
like these have gone FAR enough Ny clients intend
- s1bt --bfe 80 ,f sttaci[ hos NM Mr. ATct,aU
in his grave and AIT. Alexander in an asylum, but
my clients have health and strength. and sense
OF right and a DEEPER sense of wrong done them.
ssperslons 70 finish and ask the public TO accept
this, my first and last newspaper utterance, and
suspend Judgment until there is legal adjudca-
ZION OF who is right and Who wrong IN this contest
The Mutual Life may serve bills Of complaint to-
day counsel for the NcCurdys, Louis A. The
baud and the Raymond company in the Mutuals
suits for restitution and accounting. II is the
evowed intention Of the defendants counsel to
fight the cases 10 finish.
We are willing TO accept service in any suits
that may be brought said Lawrence Godkn, who
is associated with De Lancey Nicon in the defence
Of the McCurdys. Thus far we nave not received
the complaints in the actions already begun"
William h. Truesdale said il was not true that
John W. Griggs had been selected as counsel TO the
Truesdate COMMITTEES OF The Mutual Life.
Up 20 last night indictments had been found
by the grand jury against well known officials of
the Mutual Reserve it seems TO be expected, how
ever, that indictments VIII Zoe found against al
least thee officials before the weekend The hear
lnes viii continue to-day
one OF The complaints on which indictments
viii be asked is made by James E Wells a
former employee. who alleges. in substance. that
certain officials were sued in court as individuals
and paid the judgments out Of the insurance com
panys FUNDS.
The specific charge against some of the officers
Of the company VIII be larceny in sanctioning the
payment OF 5000 by the president. IN settlement
OF civil suit against him personally, in October.
1901.
Among the witnesses. officers Of tho company
Who viii be examined. are William Porter, con-
roller; George W. Harper. treasurer; T. NJ Usher
assistant treasurer; Charles ". Camp. secretary
and L. A. Powers. auditor
Inc Officers of the company whose actions are
pelng Investigated are President Burnham George
burnham and George d. Eldridge
IL Is said that the investigation has shown falsi-
heauon OF the compauy's books TO cover up the
HIleaed larceny Of S7ooo and that this charge may
,tl.so on some OF HE cOupanys ohcals
ne grand jury took no coEniZance yesterday Of
ule hg Three insurance imbroglios.
.NoLllLnec Improvement IN the condition Of
PRESIDENT Alexander. OF the Equitable. encourages
IFS family 80 hope that he viii recover completely
nom the effects Of the surgical operation which
ne underwent last week. so long as he continues
70 resi- as easily he IS ConG present, may
De counted on as al improI enent and a gain in
sseIetgL one OF me attending surgeons told the
Samuel UnterInyer. who has been asked 10 be-
come counsel 10 the policy holders committee being
loIHtQ 70 overthrow the Peabody management OF
the Mutual Life ana the Orr mana cement OF the
New OK Lie was In Boston yesterday, II is
said that Mr.. GuteTnyer while IN Boston had a
conference with Thomas ". lawson.
The clerks aIC employees OF the NeW-YoTk Life
We're permitted 10 view tAe body Of eX-President
drawing room OF Mir. McCall's home at No. "a West
Mr.. Mocalls funeral viii take place at the Church
OF the Blessed Sacrament, IN West nst-st, al 1870
O'Clock this morning.
cAssIDYs FOLLOWERS DESERVING.