The Oklahoma City times. [volume] (Oklahoma City, Okla.) 1908-1984, 1915-02-25
PROBERS STILL
ASK QUESTIONS
Report Made BY Insurance Com o.
missioner Did Not Show
Amount Of Cash.
EUGENE ARNETT A WITNESS

Testimony that Insurance Comml-
sioner A. l. Nclch made % report uu
June 80, 1913 thnl hc had uuid fl the
state treasurer Sl3OHsI when the re-
cords show that Xs4TOiUg NJ this
amount wus not In fact transferred 10
the state treasurer hy WrI.h until
July II, 1913. was evolved from Fred
Parkinson. state examiner and In
spcctor. who testified before the ia
aurancr probe committee Of the house
this morning Representative G. w..
Goodwin. chairman n the committee.
directed the bearing. although Wit
nr~,"s wrr" nI-o questioned by Rep
"soutntiyc X l. disney N Mu.kogrc
and l. T. Sans " Delaware
Mr.. clifford Meyers. who VA, rm
poyrd q, % license clerk u the of
flee Of the insurance commissioner
during the early part of the last pri
mary election campaign. testified that
she and other clerks had enclosed
with official letters ~ the department
campaign card, advocating the uoml
nation uf Mr. Wclrh FOR insurance
commissioner to succeed himself
Charges Against Arnett
Another important witness was Eu
gene Aructt u this city general agent
N the Kansas city Life Insurance
company who testified m to charges
that hnd been preferred against him
Hud %, 10 their dismissal by the In
.umurc commissioner after he had
signed an agreement 10 discontinue al
legged questionable practices In cou.
nrction with the Insurance business
State Examiner and Inspector Par
kluSon introduced in evidence the
sworn statement " Welch covering
the time from April /. 1913, TO June
80 ~ that year
Parkinson testified that the insur
nuce commissioner was requested Ia
show, attached to his report receipts
from the state treasurer fur the
amounts deposited, but that Instead
he had merely attached the receipt
numbers Parkinson explained fur
ther that the report was made cut
In September, 1913 boy Welrh but
covering the period ending June 30 II
that year
Would Have Been Impossible.
1T would have been impossible for
"a correct staments by which 10 have
shown the receipt numbers concern.
Ing the part Of that money that was
not turned into the treasury until
July II when his report covered the
period ending June 30?" asked Repre-
sentative Disney ~ Parkinson
1T would. replied Parkinson The
witness said that the report was In
correct In 80 far as II showed approx
imatrly $4,000 turned into the treas
ury which had not been deposited
with the treasurer until several weeks
after the period covered by the report
Parkinson explained. however that nc
financial shortage was shown by the
report and for that reason he did not
take the matter up with the Insurance
commissioner.
Asked for Affidavit
Eugene Arnett testified that charges
were preferred against him In April
1913, shortly after Mr.. Wclch became
insurance commissioner He said that
he had never met Welch prior to his
appointment, hut had supported the
candidacy Of Arthur W Petit for the
appointment as insurance commission.
er lie said he wrote letters to bank
.er representatives uf his company ask
ing them to support Petit aud sug
gestlng that they might write letters
To Governor Cruce I'm his behalf
The witness did not attribute the
charges tO any political source, hut OK,
pressed the belief that they were
started by agents whom he had dis
charged The witness admitted that
he had been indlscreet and had writ
ten almost n wagon load OF letters
which were used against him I'm IN,
hearing before the insurance commits
Sioner He said that the charges wer,
that he was unethlcal In his business
dealings and had licensed too many
bankers as insurance agents for his
company aud that some " those agents
had used undue influences upon Gus
toners Of their banks TO write In
surnnCe
Arnett testified that after hea ring
and after himself MIR Fleming, vice
president Of his company and Mr.
Welch had held conference the lat
ter decided that II would be best for
Arnett to sign an affidavit aud agree
ment admitting that he had been un.
ethical aud promising TO discontinue
the alleged practices that were dis.
tasteful 10 other agents who had
made the complaints. Arnett also tes
titled that his license was not revoked
during pendancy Of the charges and
has never been revoked In this state