The Bridgeport evening farmer., 1910-01-11
WHITE INVOLVED IN
 INSURANCE DEAL
LIEUTENANT GOVERNOR HAND LED $145,OOO FUND USED TO OBTAIN CONTROL OF PEOPLES MTVTTTAT

Albany, Jan. u.-Coincident with an announcement made here by State Supt. of Insurance Hotchkiss to the
 effect that he had asked the Attorney l General to begin action against cer- tain officials and directors of the Peo- ple's Mutual Life Association and
 League of Syracuse for the recovery of
 large sums of money which they had i accepted in violation of the insurance law, came the disclosure that Lieut.. Gov. Horace White had been the rec1p- tent of $20,0G0 in connection with se- ries of transactions.
 Lieut.. Gov. White, according to the Insurance Superintendents statement. said the payment to him represented money due him over a period of sew eral years, and represented by ds- bursementS. cash advances, profits, and services in several transactions in which he had been interested with or represented John TeviS of Louisville, Ky, who negotiated the transfer of the association to the Federal Life Com pany of Canada.
 ''.The Lieutenant Governor testified with candor, and I am certain he told me the truth as to his connection with the natter said MT. Hotchkiss. "I believe that his services were enlisted because both MT. Tevis and the old directors of the company had implicit l confidence in him."
 | All the disclosures referred to in the 1 statement given out at the insurance | department came in connection with
 an action begun last December by | Supt. Hotchkiss with view to having the insurance department take charge 1 of the affairs of the Peoples Mutual
 for the protection of the members. This was begun after MT. Hotchkiss had re-
 ceived information that certain of the
 fJ T,oa fcI 1 large sums of money from one John
 Tevis of Louisville. Ky, and in return I had agreed in effect to turn the assets of the society. aggregating some s,
 000,000, over to him.
 l The Peoples Mutual is a fraternal
 beneficial organization, having no cap- l itaI stock, but some 40G00 members. 1 The officers and directors of the or
 ganization. according to MT. Hotchkiss, | had no proprietary Interest in the as
 sets of the society, but were merely trustees
 The testimony given by Lieut.. Gov. White. it is said, was of a most inter- ! esting nature. MT. Hotchkiss was asked to tell about it.
 s'The testimony is a matter of pub l lie record on file in Syracuse" said MT. HotchkiSs There is no copy :n the ] department at present. and under the circumstances do not care to talk
 about it.''
 l Lieut.. Gov. White. according to the I statement had the handling of $145. .00O l in the course of the transactions. Out of this amount $45.0O0 is accounted for ], by these payments: Willard H. Peck 1 $10.0e0; First National Bank of Syra- cuse, $5,000; John Tervis. $5,000; Horace White. $20,o00; still on deposit in the | First National Bank of Syracuse $5,- 900. These additional payments to of fcers and directors of the society,
 amounting to $1e0.000. were disclosed
 during the investigation made by the | insurance department: Willard H
 Peck, first payment" s21500; Tram c. Reed, S15,000; E.. E.. De Barr, SIS 800; Dr. E. O. Kinne, $25,O00; J. E. B. Sam l tee, this sum having been sent him in currency by pr. Kinne out of $30, ,00o l paid the latter" $5,000; Charles F.