The Washington times., 1913-01-22
CONTRACT METHODS
OF UNDERWRITERS
Barred At INQUIRY
Insurance Quiz Nearing End,
With important Testimony
Going Into the Record.

With the end of theinsurance inves-
ugation in sight, the House District
Committee continued today to incorpor-
ate In the record testimony relative to
the methods of underwriters of insur-
ance, and, specifically, the story of the
contract relations between TuttIe.
Wightn an & Dudley and the First Ma
uonal and the Commercial Fire 1nsur-
snce Companies.
Robert H. Tuttle was again on the
witness stand, and under the cross
examination Of Attorney Charles F. Ca
rusi furnished testimony favorable to
the contentious of the insurance COM
panies, which deny that there is any
1rstifcst tion for the present inquiry
After Mr.. Carusi had put into the
record the underwriting contract be-
tween the Tuttule, wightman & Dud-
ley firm and the Commercial, Mr.. Red
field asked il it was proposed to put
into the record the contract between
the First National and the underwrit-
ing concern.
We will put into the record, and
want to say now that We are willins
10 make public every transaction in
which We are concerned" said MI.
Carusi. THE companies have nothing
TO coceal and we will insert in the
record everything the committee will
permit
Two Justices Named.
The names of Justice Gould, of the
District Supreme Court, and Justice At.
kinson, of the Court of Claims, were
brought into the testimony today dur
"a Tr
outlining the organization of his firm
Mr.. Tuttle said that Mr.. Carusi received
~ pc rcent Of the. stock for his profes.
sional services; that Justice Gould was
allotted / per cent and that w. NJ
Davis was given one-tenth of ! pei
cent The remainder of the stock, he
said, went to the hrn Judge Gould
said Mr.. Tuttle, had been asked into
the company TO make fifth man, a.
because Of certain differences among Its
organizers.
Mr. Carusi developed that the under.
writing contract between Tuttle, Wight
man & Dudley and the Commercial hat
been made before he and Justice Gould
were taken into the company as small
stockholders.
Judge Gould. testified Mr.. Tuttle, hat
also been asked to become membel
of the organization committee of th'
First National Mr.. Tuttle thought N
had suggested this to Judge Gould. Mr.
Tuttle sad he also asked Eldridge Z
Jordan to become a member of the or
ganization committee; that Gen. Rober
wynne became a member at the sug
gestion of Mr.. Carusi, and that Justic'
Atkinson had Joined at the joint re
quest of Mr.. Carusi and Robert
Harper.
Nothing to copceal
. The witness said the books of all th'
companies had been. thrown open to ex
Iperts engaged by the committee, an,
that there was nothing to conceal
How much profit or less has you
sirm made out of the stock selling con
tract with the Commercial?" asked MI
Carusi.
1--WE have made not sto exceed 5000
exclusive of our salaries" said Mr.
Tuttle .'If we charge. our salaries
against the contract We have mad'
nothing" Tuttle, wightman, and Dud
ley he added. had actually lost on tn
fire underwriting contract with th'
Commercial.
And speaking of salaries, how mucf
have 1 been getting as attorney fol
your firn?" facetiously asked Mr.. Ca
rusi.
Twenty-Five dollars a month" saiC
Mr.. TuttIe. while members of the com
mittee Joined in the laugh