New-York tribune., 1906-12-07
FOLKS lotion STOPPED.
Tsnnessee attorney General Says
Licenses May Not Be ReUoked.

The Attorney General OF Tennessee has lad
r,sa" Insurance Commissioner Folk that Mr..
rck may not revoke the Mutual Life's license
r. the licenses Of its agents under the facts
resented" THIS IS the gist OF telegraphic mes
age received in this city yesterday and refers.
believed. TO the New York Life as well as
to the Mutual
Several weeks ago T. r. Perkins. vice-presi-
asnt Of the New York Life, and the Mutual
lies Tennessee managers testified before Com
missioner Folk as 10 the alleged eiectioneering
methods Of the companies. George T. Dexter.
he Mutual Life's second vice-president, re-
sred summons TO the hearing. but was
Tnsbe to leave this city because Of the con-
inusd illness OF Emory McClirtock, the COM
gsnyis FIST vice e-preSident-
Administration" interests regard the Attor-
ny Generals decision as a setback for the "op-
POSITION" The Kentucky courts have not de-
ada whether or not Commissioner Prewitt's
temporary revocation OF the Mutual Iifes char
ter in the Blue Grass State should be made
fEmanent The Kentucky decision is looked
fw next week.
Should the Mutual Lies administration
l'kst be successful at the impending elections,
laonlss c. Hindnsn's resignation or dismissal
BOXED for az an early date. Mr. Hindman is
le oonpanys managing agent in Tennessee
1Ao recently made an affidavit in the Kentucky
Eooeeaings that agents and others were re-
esFhg thousands Of dollars weekly 70 Alec
uohser for the administration" ticket Mr. Hind
= ~ Is Is me brother Of Colonel Bisooe Hindman.
managers
Nos-President Dexter denied Yesterday that
-. 80 q the conapany's agents had received
.Sious sums or money for electioneering as
ssseo oy Mr. Htndman. The salaries men
-. ...so, saio Nr Dexter, were purely for ''busi-
~ purposes and not for electioneerirR
Aoooroing % z statement issued yesterday by
- - International policyhoIders' committee, New
~, "a lie lie pohcyholders are now receiving from
= - uolpsAys agents requests that they send
.ss s.IIss instead Of ballots saying. "On account
-, II oee-n OF one Of our candidates We need
- - pfoxy The international committee at
vss-lss ms alleged procedure TO Superintendent
80 cFoer that the New York Life furnish
- - humber o. ballots cast daily in the COM
80 go once. n the international conSnittee
isoluihg 70 the same committee. the Mutual
- - po-aominlstrarion Colgate committee has
-. - ssholng ol- broadcast printed circulars
tE.si!lhg administration Endorsements obtained
.ae eornpany'E agents before there were any
sgoslton' tickets in the field
t,-e, lnternaronsls' made public also a
=. .I.e 5. letter from Frank McCarty cashier Of
- N-91ens National Bank Of Kokono Ind
s.gssting against the use Of his signature for
-. sGtpose, sro indOrsing the united COM
-. ucket now that II was IN the field.
y ,5-S Iiisrsnafn heard argument yesterday
~ Csse OF Herbert Q. Tull against the Equi-
~ Sustlee Blschof had given an interlocu-
n. I;.ugnaent sustaining a demurrer 20 Tuils
srt.stht Mr TuI sought judgment that tho
,,l1tol.es 1oe alleged sl0000,00o surplus was the
;;,-'.1olaers' ~ property. He asks for distribu-
- - " the connpsny's surplus. A. D. Woodruff
aalpsny -0-' 1i'Oo'i '-'0
., - = woodruff criticised the compsnys amend
"a, - ~ 'er Ar. McCulloch. however. declared
- ne amended charter" as rurposed "sone
Ialt ago" was dead and non-existent"
,s,..aass Is argument Mr.. McCulloch said the
g.. ,1alled 70 show that he had any interest
:. - - u me questions which he sought 10 raise.
IA IS hot a stockholder in the defendant, he
"a - y ne was d policyholder. Mr.. McCulloch
s,e,..-s .-s felsJlon 70 the defendant was simply
sIt1 1ecIual one. 70 be measured by the terms
=" poacy. Plaintiff does not set forth" he