The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-03-19
Elijah r. Kennedy Tells Of
Disbursements for the
Underwriters.
ALDRIDGE AND FOX GOT n


superin, eH,i~st Betchkiss starts an In-
ua,r> into NIbsas Expeaas,urrs &C
the InsterwPtters- Oaetl. the Cover.
ner a. the Tsme. tad Vessed bu,
later Approved . Dsn Aaeetsns
Them GhlsS WItness ASKED 70 George
Dunn er Leu PayR Got NRS % the
Memo, BEARD WSuldRI PAP the
$4,000 which the state CsnawIIIee
Go, ana That Anasunt was RsIsesi
Privately investigates % Go an
In Th's GUy To-day s1d N0aday.
Right at the start OF Of an investiEa-
ficn begun Yesterday by Supt. william
/ Hotchkiss 81 the State Insurance De-
rsrtn'rnt into the affairs and Legislative
activities Of hre insurance companies.
testimony was given Of fund Of $1,000
rais.d ny tho are Insurance interests for
tho purpose OF taking care Of certain
egislation in she early part Of 1901.
Half Of this amount. according to the
ts-'rmcny. went to the Republican State
COMMITTEES or itA secretary. the late
Reuben l.. FoN The other 5000 was
scattered around among various people
NJ POLITICAL influence. The only one whose
name vas mentioned vas George W
Adridge ~ Rochester who. II was said
90, $50.
\ Although SIR Aldndgs's name wAs the
eriy one wh,ch came out. 10 looked very
much from the wav that Supt. Hotchkiss
ard ne Insurance DEPARTMENT. counsel
Alfred Hurrsll went at the thing thar
ih~y could maze a strong and close guess
a. some others without half trying Ben
AMIN \ oceils name came INFO tho
testimony more than once. but he was no,
mentioned - F~ce,ving any Part q me
money
The witness through whom these mat
'ers chiefly were brought out was Elijah
Hennedy. who II q member Of the firm
q Wood q Kennedy. Ars insurance
tr,x ers.
n 1901 Mr. Kennedy was a member
~ he laws and legislation COMMITTEES
- he New York Bosrd Of Fire Under
writer's There ives a bill in Albany to
s0v the FIRE insurance companies 70
deduct the amount Of their unearned
premiums from their taxable assets Mr.
kennedy. 10 appears. thought that Gov
Ods Was favorable to the ball. and a.
Toon ~ IL had passed both houses Of the
legislature Mr.. Kennedy returned To
New YORK, not expecting any trouble
about the ban becoming q law
The Legislature adjourned on April N
St'h the insurance measure left among
other thirty day bills with the Governor
Iwsnty-eight out Of the thirty days had
Tassed when the Insurance interests began
10 wonder IL after all the Governor IVES
gong to sign 10 Mr.. lKennedy put on
- hat and started for Albany
lie was accOmpa MED. he said. by George
K MaIby. then a state senator aud now
congressman. end Commodore p
Nsdder They went right to the Cover
nor asked him about il and found more
Or ~ss 10 their surprise. that he not only
had not approved II. but that he hid
vetoed u out and out
Mr. Kennedy said that he aud nh as
Ioclhtes argued and argued with the
Governor. ard anAIly succeeded in con =
vn"ing Mr.. OdeIi that the bin ought 20
10 .iEned The veto was changed % an
approval
& mswhere along about the time when
there was good deal of wory about tho
b. Mr. kennedy said he had q chat with
VI Fox Who suggested that IL would be
vsTy nice and kind % the insurance people
they should contribute a bit-say o.. 600
NJ - the Republican State COMMITTEES.
'h'ch ~as IN need OF funds. Along with
~ digestion. Mr.. Kennedy said. Mr.
t0s called his attention 90 the face
2 he Republican organization in the
So vas rather well disposed % the
IL rance int@reses
- S.Oo0 was raised
IT, investigation whirh started on with
'ss @svelopmsnt had lee Arst hearing
yss'"rfaY in the ofies OF the Superin-
'Saasnt n Insurance a. res Broadway
NJ Ao'ehriss. IL Eczema. willis lookfHR
ny Ne Affairs Of tbs Phenix Insu rance
-'r aa1y u Brooklyn not long ago
rns-0@d upon some matters WATCH he
y go would bear Investigation on their
- b '~ouns
= zen he got through with the PhsRiE
a. -1uld spare the men he Get his force
% s1rae thirty examiners &C work on the
h'T Problems. That was early In Jan
-a-~ What h wanted &c know In par
~. Ar was the reason for certain heavy
2. ~hich had been prosoaoed 90 the New
i''< Board Of Fire Underwriters for pay
h''' r"'wrsn 1900 and the present dats.
'hings were going on In thu way
--sranc~ legislation Gt Albany. The
era" 1"rs went into the affairs Of fifteen
7rer'1' ar" insurance compan ice all
ErT.,
!-' n'Il presented 20 the Board ~ Fire
hs'ra7 Underwriters by Mr.. Kennedy
Ih0r used the excitement yesterday
s' 1 II New York. May =. 1901 and
'pn'. ID.
~ BoARO o. FLEE UNDERWRITERS
70 2 q Rsnnsds. ~
r. .rHnssl fees. kilograms. tslephonss
'"7 .'''" ~ expenses for sSlf and others
fSwsa-N Tnkr.F -