The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-09-20
to- WORK AGAINST
Wild CAT CONCERNS
Insurance Commissioners Pledge
Themselves to Seek
Honesty.
FOLK THE NEW PRESIDENT
Convention Concludes Its Work
q Many Able Papers Were
Read.
FOLK THE NEW PRESIDENT

President-Renu E. Folk, of Tcnncs-
vlce-prcsident-B. F. Carroll, OF
Iowa.
sccretary-J. j. Brinkenhon, of I1ll-
nois.
Chairman Executive Committee.
". berry. OF Michigan.
Place OF next mcetinE-Detroit.
Pledging It's united support In an eff
fort to suppress wildcat" companies.
the National Association of Insurance
Commissioners went on record yester-
day in advocacy OF publicity as a
means of Kidding the country of fraud
ulent concerns and in protecting the
public against the crooks OF the trade.
The resolution, considered the most
important Of any adopted at the Rich
mond meeting. was introduced by Mr.
e. E. Rittenhouse. Commissioner OF
Colorado as follows:
After Wildcat Concerns.
Whereas deceptive and fraudu-
lent insurance methods and pro-
motions designed to evade the law.
are constantly being originated and
placed before the public in various
States of the Union;
| Resolved, That in order that the
people may be warned and pro-
tected against such imposltions.
and also enlightened as to stock
| and other Inducements offered With.
but not ger1nane to insurance, the
Commissioners of Insurance OF the
! United States hereby pledge them
selves. so far as possible. to inves-
tigate all Irregular and Wildcat
schemes which come to their notice,
to exchange. with each other re- !
ports of such Investigations and
to give the facts the widest pos
| sible publicity.
Greeting New Officers.
with the election OF officers. ant
with the reading OF two addresse'
and reports of various committees, th
convention adjourned to meet mex
year In Detroit. Commissioner Cole
chairman of the nominating commit
tee, presented the name of Mr.. Foil
as president and that of Mr.. Car
roll as e-presdent, the body casting
Its unanimous vote. Though polite
is not supposed to dominate the as
sociation, four candidates for Governo
got to the front. There Is talk i
Tennessee Of putting President Fol
4 forward for that honor. Vice-Pres1den
! Carroll was introduced as the mex
Governor OF Iowa. and he was es
/ Icorted to the stand by Commissions
4 Scherr OF West Virginia. and ConrHis
4 sioner Barry, of Michigan. both Q
whom are said to be seeking the noml
\ 3lnation in their respective States. Dem
ocrats and Republicans mingled !
4 friendly union. Notwithstanding thl
helement OF politics. howevelS It ]
4 admitted by all members that the
1 picked wisely and we'll,
The convention was entertained
] Luncheon at the JEFFERSON after ad
q iournment, and later In the afternoo
4 there was Il carriage drive aroun
! the city In Its honor AT o'cloc
! this morning the visitors will leave b
boat for the Jamestown Exposition
Deceptive Insurance Methods.
Il Commissioner Rittenhouse, Of Co
orado. deliyered an address on I'D eceI
4 tive insurance Methods-the.C Cure" Fl
"A #|arraigned those companies which ma
7 attempted to mislead the public by or
$ Imenns or another. expressing belle
!, that insurance departments stood b
\ tho people as their protectors. al
: urging spuhlicity In every Inc of TT
e|business. The exposures In New 2or
he said, We're not alone for tho OIL
( cials OF companies. but for those WI
: had properly rallied to supervise,
1Continued on Fifth Page,
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