Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-12-12


fIr lssrinF 1iarfirbure have
fnuurht lHi6 matter opsr VERY csroA
fully. and fhia la entirely my own
thought ~ lhc matter that fl place
pf arprovine this NJ the present time.
why not examine this contract when
you make an examination of tho PEN
sion Life. IN Pittsburgh and that the
whole thing either stink or swim az a
whole
was taking with Mr.. Woods this
morning and no Informed me that N
you DO not make the inspection next
week, that IN All probability, he could
add 100000 cash 10 the right side OF
the ledger for she following week. II
Il suits the department ne would like
much 10 have the Inspection made In
The week beginning Monday, the 10th.
This iH the time Mr.. Mccullough
thought might be the logical time,
but he will be governed entirely by
your wish In this matter.
am exceedingly anxious that your
examiners come there and not with n
chip on their shoulders. but with open
minds, and II one-half of what Woods
tells me can be verified, they have
certainly worked miracles since this
matter has been taken up with tho
department.
am intensely interested IN this in-
aurance matter. not alone from tho
Etanpoint OF their attorney but from
standpoint OF friendship. and tho part
that have taken IN Il with their
board OF directors
10 this end wish that you would
advise me by telegram. at my expcnEo,
N you will hold the examination on
tho 20th or aA near that date az con-
vcnient for tho department. / might
further add that Mr.. woods considers
tho company In such Hhapo that he In
anwioftu IN haga avn fftinaftgn n a BpnF
tho goth Ms will suit you.
Awaiting your favor IN this matter,
I arm yours very truly,
JOSEPH II. THOMPSON
These ara busy days at tho ofhces OF the
Investment Company Wood
Ind his attorneys are at work on the defenBo
which will be made AZ the hearing on tho
application for n receiver ror tho Pension
Mutual Life Insurance Company. which. nc
,ordinR to State Insurance Commissioner !.
Denny O'Noil, has deficiency OF more than
n, 900 900. Wood feels confident that no
ecelver will be appointed for hls company,
which State Insurance Commissioner O'Neil
ays has been kicked around like a football.
Tho Consolidated Investment Company, OF
which the youthful president IL Il. G.
Bowers, who also In president OF tho Union
Insurance Company, Mt Third and
Walnut htreetH, beBdcH controlling tho PEN
ion Mutual Life Insurance Company. Ia the
folding company OF the Reliable Life AS
uranco Company OF indianapolis Ind the
american Assurance Company. OF this city,
md also tho Union Casualty Insurance
company Thoro 10 an application also
,ondiTg for receiver for the Union Casualty
insurance Company. the hearing for which
las been fixed In tho Dauphln County Com
non Pleas Court for next Tuesday.
letter dated July 10, 1915. and signed by
IowerR, gives as directors OF the ConaolI-
lated Investment Company the following I:
thomas Wood. secretary and general mama
ter or the American Assurance Company Of
Charles II. Fritch, secretary
md treasurer Of the Pension Mutual Life In
urance Company OF Pittsburgh, and often
allied Woods Man Friday; s. T. Con-
ding. secretary md general manager Of the
Reliable Life Assurance Company. OF In
lianapolls, Ind ]. Frank Graf, former
hartman OF the Senate Insurance Commit
co OF the State OF Pennsylvania; State
enator Joseph II Thompson. OF Beaver
'nlls. and H. q. Welch, insurance manager,
I this city.
Wood has written the Insurance Depart
tent demanding that tho State revoke the
licenne OF Colonel s n whiteley.
Wood wrote me today" said Commisgon-
r O'Noll in Harrisburg, Declaring that
Vhiteley perpetunted fraud In connection
'lth his contract with the Pension Mutual
nd demanding that / revoke his license 10
o busineRs In connection with other comma
les Wood has developed into quite n yolu-
Iinous lettor-writer. He writes az length
ut he falls to rocito tho fact that he Hyncd