Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-03-29
OFFERED 6 VOTES
At $500 APIECE.
AYERS KINGSLEY
Sensational Charges Made by n,
Y. Life ins. Co. Head During
Insurance Investigation.

NEW YORK, March 29.-DarWin 4
Kingsley. president of the New YORK.
Life Insurance Company, vas put Oh
the stand as the first witness today
He swore that in 1906 William IL. Buck
ley, the Albany legislative agent, Of
fered to sell him six votes at 500
apiece, and that he told Buckley j
won't give a cent"
Mr.. Kingsley said that in 1906, when
the Armstrong life insurance bill was
before the Legislature, he Went to Al
banv to advocate the amendment oi
the provision of the bill relating TO inc
election of directors.
The bill provided that the companies
must make public The lists Of theli
policy-holders. Mir. Kingsley got Sena-
for Horace White to introduce an
amendment providing that any change
representing opposition to the manage
ment might take to the nome olhce
circulars or other matter in envelopes
and the company would be compelled
to mail them to the policy-holders.
The Senate passed the amendment by
o. narrow vote. That night, Mr.. hlhss-
ley said. some one called him on the
telephone and told him that though Dc
had won a great victory, he was III
danger of losing it and needed help
MIR. Kingsley said the person who Wes
talking to him over the telephone tolo
him to walk NJ the street from tne
Ten Eyck Hotel toward the capitol, Of
the right-hand side of the street thai
night and he would meet some one.
II walked up the street that night,
III NJ, L., -ZJax, on6 Pt1Pk1HV GtpnnH(
out of a vestibule and stopped me. IL
said, Well, you have won q notable
victory, but they are going to take !
away from you. The wheels are ousA
on that proposition now
Il didn't understand what was COINS
on, but Buckley insisted that what he
said was true. Then he went on: Fol
S 5000 | can deliver you six votes in th'
Senate
Il said to Buckley: I can't DO any
thing of the kind He replied; Did vol
come up here to run a Sunday school
This is Albany. Have You considered
the damage which will be done to YOU
company if the names of the policy
holders are made public?' l said had
You can stop it all for $1,000 he said
lie went on to say that the amend
lnent was defeated, just as Buckley
predicted it would be, following a Re-
publican caucus, and that the New
York Life Insurance Company had
suffered heavy losses on that account
Mr.. Buckley. who had sat facing Mr.
Kingsley, vas then asked by Mr.
Hotchkiss to tell his side of the story.
He said he met Mr.. Kingsley in the
vestibule Of the building in which hi
had his office, and talked With hin
about the amendment. Mr.. Kingsley
he said, sought the interview. He tolt
Mr.. Kingsley. he said, that the vote
on the amendment would be rescinded
but did not ask him to pay $1,000 o.
any other sum-.
THAT would have been simply as
inine," he said.
Mr.. Hotchkiss then took up further
Buckley's connection with the New
York Life Insurance Company, 1t hao
been brought out previously that he
was under an annual retainer from the
company of about $500 a year from
1901 to 1905. He had an Office. in the
New York life building and his tele-
phone was on the switchboard of the
insurance company, se~ - .
Mr.. Hotchkiss presented the checks
a%ggregating $21, 400, which it, was showr
yesterday were paid by the Travellers
Insurance Company of Hartford, tC
Buckley for the passage of the reserve
liability bill in 1908. The $40. 200 checl
Buckley cashed in New York.