The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1907-01-22
\ YEARLY . hair mnflon dollars >

/ ~ / nAhlf1 Ildll inllliNn NOildFh
year. That is what the insur
ance Investigation revealed to
bs the income of the McCurdy
family from the Mutual Life. 1t Is
more than suspected that, stupendous
as this amount is It does not tell all
the story. for there are large number
of subsidiary concerns connected with
the Mutual from which such Il thrifty
family might extract further revenue,
and from the indications they are not
Just the sort of people who would over
look chances OF that kind Some intes
ested people have figured on the prob.
abilities and estimate that In the last
twenty years the McCurdys nave taken
out of the Mutual ana related compa.
nies at least S15.00O00 Yet the head
of the clan McCurdy has often said
that mutual Insurance Is a benevo.
lence, a philanthropic. missionary en-
terprise. as 1t were IL shoGiA be all
that But 1t seems that under the
right sort Of manipulation benevolence
and philanthropy can be made TO pay.
While providing for the policy holders
after death, they can also be made TO
bring in not unhandsome returns to the
insurance officials during life Great
IS benevolencc. especially the kind that
Is kept IN the family.
Highest Salaried Insurance Official.
To analyze this income more in de
tall. there is Richard A. McCnrdy, the
president of tho Mutual who receives
= ,,... - e,ro 600 .t,,.,,, tt,,.o, .s,t
OF the president of tue United States
and the largest salary paid an insur-
ance official on earth. Then there IL
Robert H. McCurdy. a son, general
manager of the company, who receives
in the way of salary and perquisites or
one sort and another the sum of Sl2l,-
700, so far as the returns are in. Ia
addition there Is n son-in-law, Louis a.
Thebaud who secures threc.fourths OF
the proceeds of the New York general
agency. amounting to sl47.6sT in each
twelve months. This takes in all the
immediate McCurdy family. and Il
seems very well provided for to the
tune of something over 100000 IA
year. 10 be exact But the list does not
end here. E. ]. Marsh, a brother-in-
law OF Richard A. AlcCurdy, has q sal.
airy from the Mutual OF $4,000 a year.
Peter Stuyvesant Pilot a cousin of
Son-in-law Thcbaud pulls out $4,000
per annum, 10 say nothing Of Walter
II. Gillette former family physician Of
the McCurdys and now vice president
OF the Mutual. who gets $4,000 nnnuai-
~. A little sum IN addition reveals the
IA
brother-inlaw. his son, his son-ln law,
his son-ln-laws cousin and his former
family physician thus net each year
the comfortable amount Of Si9l,453.
There is rather interesting aud
wlthal a human story in relation to
Dir. Gllette's connection with the Mu-
tual II appears that Mrs Richard A.
McCurdy some years ago was very III
so III. in fact that her life was despair
ed OF. DR.. Gillette had charge Of the
case. Mr. McCurdy became alarmed
and wanted to call IN other physicians
but Gillette demurred, saying that ht
could effect the patients recovery
alone. "If you do" cried President
McCurdy impulsively, 81 will mak'
you vice president OF the Mutual
Upon the recovery Of his wife he made
good that promise.
A Good PrOvider For Ills Own.
There is likewise human tale, witt
tinge OF the romantic, in connection
with son-lnluw Thebaud The pos
SCISSOR of that name, by the way, pro
nounces it Tay-bo, with the accen
strongly on the first syllable 1t az
pears that originally the McCurdy
were not favorable TO anneXing The
baud TO the family that Is. they wer
all unfavOrable except the daughter
Gertrude. aud Size was enthusInstica
ly favorable. The upshot OF the Who'll
matter was an elOpement and a maj
rlage in a Roman Catholic church j
New York. one Of the objections {
the young man. by the way. was thn
lac was Catholic. while the McCurdy
were prominently identified with III
Episcopal church. There was only
half hearted forgiveness AZ first, III
new son-ln-law being taken qn prOb'
tlon. as II were lie syas put at wor
IA a Newark a. Jl office of the Nj
tual at $50 per month. Later the eld'
Thebaud called on the elder McCurd
and a full reconciliation was effeete
Being now member Of the elan
good standing the sonin-law mu
, share ia the Mutual bounties. Who
ever may he said Of the senior McCu
dy, no one has ever charged that hs
not a good proyider for bis own. III
first jump out Of the box Louis
t Thebaud was given q $4,000 OH
n with the Mutual Life, although
make him a place another man had
be ousted, and as this man was und
e contract $4,000 had 10 be paid him
order TO induce him to release the co
tract. But what is a little matter
e $4,000 that 1t should stand IN I
h way OF family harmony, especial
when people on the outside put up [
money!