davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
In Management Of Phe-
nix Insurance Company
Says Report Of New York In
surance Examiner.


Albany, ". Y. July 3.-Irregularities
in the management of the Phenix In
surance Co. of Brooklyn are reported
to State Supt. of Insurance Hotch-
kiss in a report which has been filed
by state insurance examiners after an
examination of the company.
1T is expected" says statement
by the department. that the facts de-
velOped by the report as to the falsity
Of the companys statements will be
brought to the attention of the district
attorney of New York county,"
Among other things the report crit
icizes the large collateral loans made
by the company to State Supt. of In
surance PIERCE and certain deputies
and examiners then connected with the
department. Although all of these
loans were ultimately paid the exam
liners are of the opinion that they were
made in violation of the insurance
law
ct will be recalled says the state
ment Of the state insurance depart
ment, that following discoveries OF
gross Irregularities in the management
of this company. President George T.
Sheldon was summarily removed from
office last December, and, on facts pre-
scented to the District Attorney indicted
for grand larceny. Mr.. Sheldon died be-
fore his indictment could be pressed.
shortly thereafter the Phenix Co. was
merged with the Fidelity Fire 1nsur-
ancc CO.. and the combined companies
are known as the Fidelity Phenix Fire
Insurance Co and doing an active
business.
"The examination just completed covers
the transactions Of the Phenix insurance
Co since the last previous examination
which was as of the statement OF June
30, 1887 1t has been particularly search
ing, however. as to the recent years OF
the cOmpany's existence. From such ex-
animation the examiners conclude that
the surplus of the company on Dec IL.
1906, was actually but s2S6.477. though re-
ported as $1.626477: that though reported
was 1907 as $S49 461. such surplus not only
did not exist but the capital was impair
ed to the extent of $372. 429; and. similar
ly, that though the company on Dec. 81,
1903, claimed a surplus of $l.0lO.453. its
capital was actually impaired to the ex-
tent of $l26 167. a difference of $1136,62O.
THE present examination was made as
of Sept. 80. 1909. and the examiners find
at that time surplus above capital of
$421 100 instead of $1.546.64S as claimed by
the company in its quarterly statement
as of that date"
Further. the report emphasizes the
statement recently made that directors of
corporations too often do not direct 1t
says:
THE testimony taken at such examina-
tions clearly indicates that the Phenix
insurance Co. was a one-man concern. di-
rected In its policy by its president. and
whose directors. other officers and gen.
eral agents were under his complete dom
nation
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
THE ExCESSES.
Continued from Page One.)

were important speculative commit
ments Of long standing in the stock
market held over from the early Pc
Rod of the revival of last year was
strengthened by the events of last
week. These holdings were based on
an obstinate disregard of the trend
OF events and a refusal to recognize
the disappointments which the pres
ent year has brought forth. Reliance
was placed from time to time on some
fresh factor to correct the mistakes
or previous excuses. Palliation of the
severity of public opinion and govern
ment policies towards corporations
was hoped for. The sale of American
railroad bonds abroad was expected to
correct the anomaly of an excess value
of merchandise imports. Finally. great
reliance was placed on comprehen-
sfve advance in rates of compensation
on railroad traffic
AT the same time. it was hoped that
correction Of the faults in the situa-
zion would be accomplished gradual
ly by reduction of prices and liquida-
tion of excessive bank credits in a way
to conserve the speculative position
The most powerful immediate factors
in Disappointing this hope were the
decline In condition of the spring
wheat crop and the opposition of the
government authorities to the plan for
raising railroad rates
The actual conditions of general bus
mess which prompted the convulsive
liquidation Of stocks and influenced the
banks to demand it remains to be
fully learned.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
GEORGE DEXTER.
Multi millionaire and Philanthropst
Dead-FuneraI Wednesday at Boston.

Beverly. Mass. July 3.-Arrange-
ments for the funeral of the late
George Dexter, multt millionaire. cot
ton mill owner. exporter and philan-
thropist. who died at his summer home
at Pride's Crossing last evening. were
completed today. The body will re-
main at the Beverly House until
Wednesday morning. when it will be
taken to Boston and services held at
noon at the chapel at Mount Auburn
Cemetery. The Rev. J. P. Franks, pas
tor of Grace church, Salem will Off
ciate and the interment will be in the
family lot.
Mr.. Dexter's death followed an oper-
alton for stomach trouble, performed
by DR.. S. J. Mixter of, Boston. The
operation in itself was successful. but
the shock affected the heart and death
resulted
George Dexter was born in Boston
in 1884 and when a young man went
West seeking his fortune, landing in
New Orleans where he became asso-
ciated with large cotton concern
Returning to New England he con-
tlnued in the same line and amassed a
large fortune. For many years he was
treasurer of the Pepperill mills at
Biddeford. Me-. and at the time of his
death was a director Of the company.
He was also interested in a large num-
Der Of other big business and financial
institutions including the Amoskeag
Manufacturing Co. of Manchester, N.
H.. and others A widow and one son
survive.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
of Well
Known Experts.

Reno. New, July 3.-Trainers and
sparring partners of the two fighters
gave The Associated Press their opin
ion of their principals and the fore
cast Of the contest as follows:
sam Berger, manager of Jeffries-
"Jeffries has never been one ounce
letter than he is right now. | would
have liked to have seen him do much
more hiking. He is prepared to go
route all right. but because of the
lack of sparring he will not warm up
to his pace as speadily as if he had had
an abundance of glove work | don't
think johnson can hurt him, and the
further the fight goes, the more safe
are Jeffries chances
James j. Corbett, chief of staff at
Jeffries' camp-"I believe Jeffres to be
in good condition for long gruelling
battle. l am satisfied no distance
would be too great for him. Personal
ly, however. I'm sorry he has not done
more fast work. Because of his lack
of exercise, I fear that johnson will
give him merry time in the early
stages of the fight. Jeffries, however.
is in shape to take beating and he'll
be strong and coming when the other
fellow is tired. | think Jeffries a sure
winner"
Roger Cornell, chief trainer for JEFF
fries--'I consider Jim Jeffries could
not possibly be in any better physical
fix than he is today. He has gone
through systematic course of train
ing that will he found to be an absolute
novelty in the boxing game 1t does
not make much difference how many
rounds this fight may go Jeffries will
be just as fast at the end of 30 rounds
as he was in the first. look for him to
outlook. out-last. Outright and out
game Jack Johnson
Joe Choynski. Jeffries' sparring
partrer-"I have never seen as finely
conditioned an athlete as Jefiries. If
there is flaw in his physical fitness
1t can only come to the surface in the
fight. for the man certainly is perfectly
trained. boxed with both Jeffries and
Johnson when they were novices. john
son will find himself pitted against
a man much faster. cleverer and
stronger than himself and he will sur
prise me if he lasts longer than sew
en- rounds"
Jack Jeffri,s. brother and sparring
partner of the challenger-"Jim is a
very careful fighter and for that rea-
son I think the fight will go about
10 rounds. One or two good hard
punches will turn the trick for him.
I stayed eight rounds with Johnson
myself and I know 1 could not last a
half round with Jim if he cut loose
on me- AS to my brothers condition
he is just as strong as ever and 1 be-
lieve a little faster"
Farmer Burns. Jeffries' wrestling
partner and trainer: "Jeffries is in
much better condition than even he
himself realizes. No athlete ever
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04

, worked harder or more, willingly for
fight than he. think Jim should win
in six rounds or even less. But If he
does not, his chances will improve
with each succeeding round. l figure
that the further the fight goes after
the first six the safer the bet will be-"
Bob Armstrong (colored). Jeffries'
trainer-"If johnson stands up and
fights Jeffries. the big fellow won't
take long to finish him. If he runs
away, it only amounts to slow death
to him. Personally. know that john.
son is going to be pretty much
scared fighter before he goes into the
ring"
Tom Flanagan manager of johnson,
~ never saw man more mt for
test of skill, strength and endurance.
Johnson is pretty nearly the perfect
man physically. I look for him to win
AS certainly as he enters the ring Mon
day. He is ready and anxious to meet
Jeffries and believes down in his heart
he can make the former champion take
the count 1t will be a great fight.
Johnson knows he has the strength,
cleverness. knowledge of the game and
the heart to win the contest He does
not underrate Jeffries for moment.
But confidence is the thing that will
help most to win" -,'
Sig Hart, Johnson's chief trainer
johnson will win between the 18th
and 18th rounds. There will be two
big fighters and they will fight for all
that is in them We have outlined
our plan of action and we all feel sure
that the champion will lay Mr.. Jeffries
low. Johnson will surprise those who
have held him Jne to two short
ender."
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
Wife Sees Fatal
Fall of Aviator.

Betheny Plain, Rheims. France. July B.
The opening of the second aviation meet
today on the historic field of Betheny
was marked by a fatal accident. Aviator
Wachter being killed.
WATCHER was the first of the contest
ants to appear for practice this morn
ing. In his Antoinette monoplane he bat
tied long with the gale amid the enthus-
iasm of the spectators until the rain
compelled him to make descent.
He resumed his flight in the afternoon
and was flying magnificently when sud
denly an explosion was heard. The
wings of the machine doubled up and the
monoplane dropped to the earth with
lightning speed. The aviator was killed
instantly in full view of the spectators,
among whom were his wife and little
daughter.
The accident is attributed to the break
ing of the wire stays, which were weak
ened by the tremendous strain in the
morning.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04

wonderful muscular development The
big Negroes ambition is to be the cham
pion pugilist of the world. No man or
the build and cleverness of the giant,
whose heart is in his work. can be de-
feated by Jeffries.
Il do not think that nnderrate JET
fries. I know him perhaps better than
any other man In the world. He is not
fighter who loves the game. therefore
he lacks confidence. Understand, don't
think he is a coward, for when he gets
into the thick Of the fray he will fight:
but he will come to the battle-ground with
luke warm interest in the test he must
face"
No line of battle has been laid out by
Delaney for johnson and none will be
planned before the fighters are in the
ring. su.
Il never plan fight before I see my
mans opponent in action" said Delaney.
Champion johnson. always happy. was
almost hysterical with Joy over Delaney's
arrival. 1t was explained that illness
had delayed him in San Francisco, but
there was generally accepted rumor
that Johnson's handlers brought Delaney
here at the 18th hour to give the Negroes
spirits an uplift just before the fight.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
80, 600 School
Teachers Are
Now in Boston.

Boston. July 3.-Throughout the
Commonwealth today was Education
al Sunday" in honor of the conven-
ton of the National Educational Asso-
citation now in session In this city.
A greater part of the approximately
10000 delegates who have convened
here from every state in the Union.
attended the many churches in Bos-
ton and vicinity and listened to the
special addresses and sermons deliver
ed on educational topics.
Trains from all points of the COM
pass continued today to add to the
thousands of delegates who have al
ready arrived.
1t is expected that when the bust
ness sessions of the convention COM
mence in earnest Tuesday. that fully
10000 persons will be at hand.
Tomorrow the educators will see
Boston's first safe and sane Fourth.
In the afternoon they will flock out
to the Harvard Stadium in Cambridge.
where they will hear President Taft
speak.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
STANDS THE TEST.
Berger Subsurface Torpedo Boat Runs
IL Hours at 9-knot Speed.

Newport. r. l.. July 3.-The Berger
sub-surface torpedo boat at 3 P NJ
Saturday completed it's final test-an
endurance trial which lasted IL hours.
The boat left port at A. M. today
and kept up a continuous speed of
nine knots for the entire IL hours
At the close Of the trial the boat was
hcist"d aboard lighter and the ma
chinery was given a thorough inspec-
ton. The results are said to have been
entirely satisfactory.
The endurance test completed the
series of tests demanded by the naval
board and last night Rear Admiral
Thomas and his party departed for
Washington where they will make
their reports.
The boat Friday was given the stan
dardization and speed tests and more
than surpassed expectations.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
Four Fires in "a
Hours in Portland.

Portland. Me-. July 3.-FOur alarms
Of fire within the past "a hours. two
of them double alarms, kept the Port
land firernen on the jump pretty near
" all the tine. The losses were:
Building on Middle street, owned by
Brown estate. $500. insured contents
OWL ed by Maine Scrap Iron and Metal
Co. $1,000. insured.
Stable and dwelling on Deer street
owned by Jacob Vanner $1,000, covered
by insurance.
Tenement owned by David Schwartz
$3.50. insured.
Four other dwellings, occupied by
Italians caught fire but the damage
was Slight.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04

Brig. Gen. William l.. Marshall wbo
recently retired as chief of engineers of
the army, Saturday was appointed con.
suiting engineer to the secretary OF the
interior in the reclamation service. a no.
sition created by Secretary of the Int.
rior ballinger to assist him in solving tho
ensineering problems involved in com
pleting the reclamation problems now
uhoer way 1t was explicitly stated that
Zen MarshalPs appointment did not in.
u,eate any change in the personnel Of
.ne he'd force of the reclamation service
ne would act, it was said, in an advisory
capacity to the secretary of the interior
III .he work of completing reclamation
p,o5ects under the provisions Of the act
Q. June % last. authorizing the issuance
VI so'Vo'ooo Of certificates of indebted.
ness for that purpose.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04

A private cablegram received Sat
urday night at New Orleans from
Blueflelds. Nicaragua. states that Gen.
Matuty has been executed following a
trial by courtmartial. 1t was charged
that he betrayed the Estrada cause
Matuty took a prominent part as an
Estrada general in the battle of FL
Recreco in December. In April he was
arrested and charged with treason.
Matuty was finally released and 1t is
claimed joined the Madriz forces. Ma
tuty was again taken into custody at
Pearl Lagoon by the Estrada forces.
Following his last Imprisonment a
ccurtmartial was summoned and he
was condemned to death. according to
the private dispatches received at New
Orleans saturday night. His execution
Is said to have taken place Saturday.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04

Minister GUIDE. who died Saturday,
came to Washington as the representa-
tive of the Norwegian government on
April %, 1903. Previously he had been
minister of Norway and Sweden at Co.
renhagen and was stationed at that post
at the time Norway severed her connec-
lions with Sweden. Later he was made
Norwegian minister at Berlin. whence he
came to Washington. Minister GUIDE
spoke fiuently eight languages and had
been educated in Germany, England and
france. A widow and two daughters
survive. He was talented musician and
graduate of the Paris Conservatory of
Music
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04

AN analysis of this table would indicate
mat the public believes Johnson's
chances of success will increase verv
largely after the 18th round.
'eitries money made itself felt to-
hisht and the odds dropped to 10 to 6
In the pool rooms
lie crowd around Corbett's place
was tremendous and there was more
lie to the betting than any time here
tofore
Nat Goodwin sent in big commits
sion on Jeffries at 10 to 6k and the
hgures dropped to 10 to 6 with few
Johnson takers. Tim McGrath also had
a commission of several thousand dol
iars from San Francisco to place on
Jeffries
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
Bullet With Blanks
Wounds Little Girl,

Sanford. Me- July 3-Mixing bullets
with blank cartridges by mistake was
the cause of the shooting of Mabel
Johnson, aged four years. in prema
ture celebration of the Fourth here
today. The child is not expected to
live.
The officers tok Alphonse Demers.
aged Is years, to the police station,
claiming that the boy was responsible
for the accident. Demers had been
shooting off revolver across the
street from where the johnson girl
lived.
He thought he was using blank cart
ridges. according to his statement, but
a bullet from one of the shots glanced
from rock and struck the Johnson
girl in the forehead.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
TRAIN SMASHES AUTO.
Kills Two Women and Injuries Chauf-
feur at Valley Stream, N. Y.

New York, June Am automobile
owned by Andrew Crawford of River
dale, ~ Y, and containing Mr.. Craw-
ford. his two daughters. Jeanette and
Charlotte. and their chauffeur. was
struck by a Long Island Railroad
train today at Valley Stream crossing.
II miles east of here. and was smashed
to flinders. the occupants and wreck
age being strewed along the track for
so yards. Both young women were kill
ed and the chauffeur was seriously in
jured.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
DELANEY SAYS JOHNSON.
Feels Absolutely Certain That the
Negro Will Lick Jeffries.

Johnson's Training Camp. Reno. New,
July 3.-Bill Delaney. the veteran trainer.
who made Jeffries the mighty fighter that
he is and his followers still believe him
to be. arrived today and announced that
he would act as chief second to johnson
tomorrow After seeing the Negro rubbed
down and holding conversation with
him. Delaney expressed absolute conf
dence in his new protege's ability to
knock Jeffries out.
johnson will win said the trainer.
There can be no doubt about this point.
He will defeat Jeffries, because he has
unbounded CONFIDENCE, combined with
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
WINS"
Continued from Page One.)

place looked like a campmeeting. JEFF
fries received his friends on the lawn
under the willow trees. He sat there
most IF the day. playing cards and
chatting. no word of the coming fight
IN his iips and his face as inscrutable
as ever. Ever on guard at the gates
was one who was to keep the unknown
curious out. Every inch of room
around the cottage was filled by
straining necks and staring eyes. Not
a smile. not frown of the pugilist
escaped the ever growing crowd.
Jeffries did absolutely no work dur
ing the day. He did not give a sign
that the imminence of the fight was
perturbing his spirit. He was thor
oughly glad that his heroic training
was over and he was ready to meet
the test with all of his old time spirit.
An uneasy restless movement was
noticeable among the trainers and
camp followers. Broken sentences,
over emphasize of conviction and vari
Gus other little things showed that on
the part of some of the white fighters
intimates. at least. there was some per-
turbation. Rag time music preceded
the approach to Johnson's abode. The
arrival of the great Delaney lifted the
spirits of Johnson and his friends to
the pinnacle of confidence. There was
no evidence of what was to come in
few hours.
Johnson did his road work in the
morning and then announced that he
had reached his fighting weight. 206
pounds and would step into the ring
at 2O5. Jeffries will not give out his
weight until tomorrow
II am not in the least nervous as to
the outcome tomorrow" said Mrs. JEFF
fries late tonight, land I know Jim
is not nervous I don't think anybody
in the world could defeat my big hus-
band
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
VANDERBlLT'S RACERS
Land Two Firsts and Second Sunda,
In France.

Paris, July 3.-W X. VanderbiIt,s
bay colt Oversight won the Prix Du
President De LaRepublic, / mile, Az
furiongs at Maisons LATTE today. The
value of the stake was $4,000.
The Prix LIE Sagittaire. a 2-year-olt]
event. at Az furlongs. was won bv
Mr. Vanderbilt's Manfred. His Bats
Delight finished second in the Prix
Quo Vadis at a lille and a half
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
Dow Aeademy's 25th Anniversary.

F'ranconia. N. H., July 3-With the
Rev. Frederick W. Ernst, the first princi-
pal of Dow Academy. officiating, Old
Home Week exercises and the celebra-
tion of the 25th anniversary of the found
ing of Dow Academy were commences
here today. The Dow Academy was
founded by Moses Arnold Dow, who wac
born and spent part of his life in Fran
coma.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
ALL HANDS SAVED
But Fisherman Gustave Prosper Goes
To the Bottom.

st. Pierre. MID. July 3.-News of the
sinking of the French fisherman Gus
tave Prosper off the Grand Banks on
June rs. reached here today, when the
schooner Marietta arrived. bringing the
Is men who comprised the crew OF
the sunken schooner. The Gustave
Prosper srrang aleak while at the
banks and although the men worked
heroically to keep her af1oat. they were
unable to do SO. The men were picked
up by the Marietta, every one being
saved.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04
HIS NECK BROKEN.
Bradford O'Hearn, Lineman, Killed by
Fall at Portland.

Portland. Me, July 3.-Bradford
O'Hearn. a lineman. employed by the
Consolidated Electric Light Co. today
had his neck broken by a fall from a
and fellow workman were at work.
He died almost instantly. shock
caused the fall. A widow and four chill
dren. the oldest of which is but five
years of age, survive.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04

one hundred and six years old sat
urday. Joseph SeitIin of New fora
time to tell congratulating friends th -
ne had no secrets for longevity.
don't let anything worry me-" said tne
centenarian. "for 1t makes one Ola
what I say is: II you want to ea.:
eat, and IL you want to drink, drink:
Seftiin has been in this country
quarter of century but has learneu
only two English sentences: "How "
You do" and Get out of heree!
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-07-04

surplus of nearly half a million
tsa iars. more than twice as great as
INA. OF any year on record, is shown
~ the revenue returns for the colony
u newfoundland for the fiscal 1vear
enolns June 80. The total revenues
as SHOWN in the returns.Swas $500. ooo
ana the expenditures about $4,000 ooo