Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1916-12-19
State Judges BGLk
MOUe to S0Ue Wood
Continued from raKe Orc

Continued from raEe One
| 900. according 10 OMEN, was made tempo
rary receiver FOR that company, while Sam
ucl w Cooper, n philIdolphlR attorney,
was named as receiver for the Union Casu-
atty. Now tho DauphIn County courts say
thena appointments have no atnndnR
Representatives Of the Attorney Generals
Department bitterly denounced Wood as n
Consplrntor to ruin his company and
Thompaon wAa accused of being guilty Of
violating protOHsionnl ethics Just about
the time Thompson was seeking to block
recelverShiD proceedings here yesterday he
was appointed u receiver for the Pension
Mutual
Todays hearing developed that every III
rector Of tho Union Casualty was owner Of
shares In that company. and that Wood
was the owner OF more than 1900 shares.
Tho name Of cN-AttorEcy General John c.
Bell figured IN tho testimony OF John w
Reese. m inPurance examiner attached to
tho Insurance Department
ReCgo testified that the Union Casualty
paid out various Hmounta OF money for
extraordinary cxpenseg' that had abBo-
lutcly nothing TO do with tho nffAira Of
that company Among those who pnrticl-
pated In receiving money from the Union
CGBuulty were:
John c. Bcll, $500. l.. D. Wood. $1,000
II. G., welch. $500; L. ~ Wood, three
trlpg to Harrisburg and PittHburgh be-
tween Apr and September ] 1916. $40
H. O.. wclch, $685. Miss NJ. l.. Kirk
patrick. a StOnographer for Wood. S20745
l.. H. Morgan, $485.33.
Thomas Wood, secretary OF the Union
CaHualty, who was n witness under
subpoena served upon him by the Attorney
Generate Department, was the next witness.
Ie was asked how many shares he owned
in tho company and how they came into
his possession.
"They were given to mo by Wood IL. ID.
Wood oh walt minute-wnit-thoy
were EtvSn 10 me by a retiring director
whooe narOv ] don't remember" almost
HhrieSod Thanhg Wood who is not related
TO the insurance wizard OF America"
Wood admitted that all tho directors Of tho
Union Casualty Including Il. G. Bowers.
the youthful prosldsnt. wero owners OF
shares but when\asked how these gentle
men became owners OF the Bhare8, he ie-
piled 81 don't remember"
other allegations OF the state Insurance
Department relating to the insolvency OF
tho Union Casualty were given In testI- |
mony by William J, Roney, OF Philadelphia, |
chief insurance examiner; f.. w. Grave, an |
insurance examiner attached to the Insur- |
Rnce Department; s. W. Wolf. n consulting |
insurance actuary, Of New York. and |
Reese,
THOMPSON ASSAILED
~ am sorry that I don't possess the |
vocabulary TO express my opinion on the |
manner In which application was made In |
the United states DlstrlCT Court before |
receiver" said Deputy Attorney General |
largest, IIa added
While Mr.. i, y. Thompson, who, by
courtesy OF this Honorable Court. was
appearing here yesterday and COM
batting the Insurance Department In
it, application for a receiver for the
Penn Mutual Company an application
for receiver Of this company was
made In Pittsburgh which resulted
In the appointment OF him as n re-
caiver
This court has been juggled with, to
ray nothing OF the violation OF pro-
fesRiOnRl eihio4. IL 10 astounding to
hear that man named Welch should
make application for receiver In the
Union Casualty caHe when no is now
defendant himself IN connection with
that company We wish to be fair I'm
this matter but do not ntdnd to per-
init Lyndon ID, Wood and hlg fellow
c,nspiTatots 20 ruin and manipulate
these companies. Your HonoTs can SEQ
that there Ia nothing but plain Jug
Cling on the Surfaca Of this proposition.
Senator Thompson promised yester-
day that he would be hare and also said
that Lyndon D. Wood would be present,
but neither Of these gentlemen Is
present
Therefore. your Honors, after citing
10 you tho hlgh-handed methods OF the
other Side | ask that tho Court grant
dissolution Of the Pension Mutual
which ls hopelessly insolvont for more
than xt,0O0,0O0
Judges MeCarrell and Kunkel then rem
iered their decision ordering a dissolution
,f the Pension Mutual In their decision
.ho Court ruled that the Federal courts had
no Jurisdiction Ia the Pensioa Mutual In
View OF tha fact that proceedings against
hat company ware already pending in the
Dauphln County courts
The Court also ruled that the rocalver ID
hat case should be State Commissioners |
O'Nen After dsposins OF the Pension |
Mutual, argumenia were begun IN the Union
case.
ElktOn Marriage Licenses