The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-12-11
ANY INSURANCE BLACKLIST
M FFtLO CONCERN LAYS IT 10
ItWSERS MORTG .tGE "a.
Agent ssy< 10 Was Ted Ne Could Iss Ne
nusancss Win ihe Latter 60. Z Mess
HiS Company Bsuxht ssme ~ the
Beads sf the Mortgage nend 90.

uusAnF8N WIN lnS Latter 20. Z nlrss
His Company Bought some sr the
Bends sr the Mortgage Bsad 90.
The graft hunt committee which con-
fined it, efforts yesterday To fire insur-
ance business. heard the complaint %
Francis H. Ross Of A. Maiden Lane. the
New York rcpres sntative II tho Buffalo
German Fire Insurance Company. that
his company had been blacklisted by
the Lawyers Mortgage Insurance Com
pany Of this city because it refused to
buy bonds of the Mortgage Bond Company
Of this city
Mr. Ross testified that about six months
ago Theodore C. Woodbury.. a hon d
salesman for Ladsnburg. Thalmann 4 Co.
asked him to IRE his influence with the
Buffalo German Fire Insurance Company
to get the company 60 buy some 81 the
bonds of the Mortgage Bond Company.
which Ross testified was affiliated with
the Lawyers Mortgage Company. Ros~
replied that his business was To write
fir. insurance and that he had nothing
to do with investing the compsnys
funds. but that Mr. Woodbury. ought to
| write to John q. wickser. the former
State Treasurer who is preeiden: OF the
Buffalo company. Woodbury.. Ross testi-
fed. insisted that Ross would be deeply
interested in the sale Of the bonds and
explained that unless your company
Buys som. Of these bonds your companys
name will he removed from the list Of
accepted companies from which the
Lawyers Mortgage Company will accep,
policies where the Lawyers company is
the mortgage or controls the placing Of
the mortgage liens
| The witness said that he told Woodbury.
again to put the proposition up to Mr.
wickser. hut 10 leave out the threat
as Mr. W,ckser was the sort o. man who
might not like it
About two weeks after the conversation
with Woodbury.. Ross testified. he renewed
n policy on property On East SHty-third
street which had previously been insured
in the Buffalo German and the policy was
returned by the Lawyers MortRa Com
pany to the broker with the statement
that the company did not accept any
Buff alo German policies.
Il called up Mr.. Woodbury. said the
/ witness. and asked him II this was part
Of his game that we were going TO be-
, bla enlisted. and il 40 | was going 10 make
trouble II ! could. III. said he would
see Mr.. Hurd president II the company
.ti'er TINS taS WIN "oonpury Nss
sent th- poiicy mack 10 the broker anu
! told hinl To try again me policy was
accepted Ross SAD that shortly after
this he called " oodbury on the telephone
and asked HIM how It cam" about that
bond salesman Tor l-id"nbmrg. Hartmann
4 20 had so much influence with the
Lawyers Mortgage Company, lie says
that Woodbury. replied that all that had
been explained az their meeting
Ross offered IN evidence "A list OF com
panies accepted by the Lawyers Mort
gage Company AN OF December. io65. IN
which the Buffalo German appears. IA
list OF companies that had bought bonds
and list Of companies accepted 10y the
Lawyers Mortgage Company, As Of April
1910. The name Of the Buffalo German