Mutual Reserve Life Insurance Under Scrutiny In Albany Report
Otto Kelsey state superintendent filed his final report on the Mutual Reserve Life Insurance Company with the Attorney General at Albany. Advices say the report shows serious impairment of the company's finances and will not be made public until the attorney general can review it. The company faces potential insolvency unless assets are properly valued, while directors issued a provisional action charging liens against policyholders. The situation includes hearings, potential legal action, and conflicting hopes that the final report will deem the company solvent or reveal deeper trouble.
MENTIONED IN THIS ARTICLE
Otto Kelsey
Mutual Reserve Life Insurance Company
Albany
Jackson
Kelsey
New York City
Mutual Reserve
The
Tribune
Ward
Circuit Court
Haynes
William Hepburn Russell
Policyholders’ Committee
Lens
Judge Ward
Russell
Insurance Department
Insurance Chief Cheers Firm Despite Doubts
The speaker asserts the reserve insurance company has been treated unfairly and argues the actions are unjustified under state law. He reiterates his faith in the firm, firmly believing it will overcome its current difficulties.
MENTIONED IN THIS ARTICLE
Reserve Insurance Company
Many Families Evicted on Sunnyside Hill Long Island City
More than a dozen families were evicted from Sunnyside Hill in Long Island City as wreckers under sheriff and police protection demolished Hunneywell street homes. The land is to be used for a Pennsylvania Railroad terminal yard in progress, with long-standing resistance by remaining locals amid two years of relocation.
MENTIONED IN THIS ARTICLE
Sunnyside Hill
Long Island City
Hunneywell Street
Pennsylvania Railroad
Sunnyside
Guard Upset Six on Brooklyn Bridge Platform
Six people narrowly escaped injury at the Brooklyn end of the bridge as a local BRT train pulled away after guards yelled no passengers. Five women and a man fell on the platform when gates closed and power surged, sparking complaints about dirty dresses and calls to the Public Service Commission.
MENTIONED IN THIS ARTICLE
Brooklyn
Manhattan
Cne
Bravoklya Rapid Transit Company
Public Service Commission
Antique Sale at Fifth Avenue Galleries Promises Rich Pickings
An exhibition and sale open for two days showcases about a thousand pieces from the estate of Obadiah S Sopher and estates of Miss Agnes Campbell and Mrs Eliza Cruikshank. The collection features antique furniture textiles porcelains and notable tapestries with French Flemish and Italian origins. The sale aims to attract judicious collectors of household and ornamental objects.
MENTIONED IN THIS ARTICLE
Fifth Avenue
Obadiah S Sopher
Antiquary
Agnes Campbell
Eliza Cruikshank
Big trader leaves Cotton Exchange
Barton S. Castles, a leading Cotton Exchange trader since 183, sold his seat and retires from business. He earned large profits on both market sides and had a noted career, including once receiving market quotations in the jury box while serving as a murder trial juror.
MENTIONED IN THIS ARTICLE
Barton S. Castles
Cotton Exchange
Mr Castles
Exchange
Sully
Baltic pool dispute brief filed with ICC
The Cosmopolitan Shipping Company filed a brief asking for dismissal of the demurrer to its complaint against the Baltic pool lines including Hamburg American, North German Lloyd, Scandinavian American, and Wilson Line. The case questions through rate through bills and ICC jurisdiction, alleging monopoly, rebates, and discrimination.
MENTIONED IN THIS ARTICLE
Washington
Interstate Commerce Commission
Cosmopolitan Shipping Company
Philadelphia
Ward W. Pierson
Peter Wright & Sons
Hamburg-American Line
North German
Lloyd
Wilson Line
United States
Europe
Cosmopolitan Line
Baltic Pool
Copenhagen
Rotterdam
Chicago
St. Louis
Kansas City
Omaha
Minneapolis
Cleveland
Emil L. Boas
Spooner
Lloyd Line
Joseph H. Cheate
Prudential to pay out 1.7 million in stockholder and policyholder dividends
Prudential Insurance Company directors in Newark decided to distribute 1.70008 million among stockholders and policyholders. One percent of capital stock goes to stockholders, the remainder to policyholders based on premiums paid. President Dryden called the distribution voluntary, not required by new insurance laws.
MENTIONED IN THIS ARTICLE
Prudential Insurance Company
Newark
Dryden
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Big Trader
Justin
John Forsythe
Ry Feune Mee
Ly. W
Liberty
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Following - L Tberty
Fifth
Union Square
Third
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Columbus
New York
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Fulton St
Nostrand
Broadway
Williamsboro
Transfer Co
W.G Besler
We. Hope
Mer
Paas
Baltic
Mississippi River
Great Lakes
Prudential
Baltimore & Ohio RR
Royal Blue Line
St. Libs
Royal Ltd
Bufet
Pittsburg
Clevel D
Pitteburg Limited
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Louis V
Wdram
St.louis
Washington, B.C
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Fulton Bt
Brockiye
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Pennessey
St . Kumber
Cheissa
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St End 4Th Ave
Howtos
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Wit Mantic
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Barrington
Stockbridge
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B'kiyn
Court
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Undaya
125Th St
Sundeys
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Railroads
Lehigh Valley
WaA _Cortlandt and
Ldeshrosses
Aere Bufalo Express
Lida A. Seely
Ryant Lrooklyn Offine
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Wvilghe
Ww Plaza
Vaidens Employment Agency
East Grant
Havenne
Central Park Employment Agency
98Th St
J—River Competent Ser
CG. Sellew
Fultoast
City Hotels
Hotelburton
Manhattan Ave
116Th ST
Marx
Tepper
West Jith St
Red
Eld
George Pt Eady
Madison St
Tribone
Tith Ste
P. mi. Vis
Oh Ave
Eas
7Th
Sth
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Laise
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Irene
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Friedrich
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Hoboken
North German Lloyd
Oelrichs & CO
Louis H. Meyer
Walnut St
Phila
Lloyd Kaiser Wilhelm der Grosse Kronprinz Wilhelm Kronprinzessin
Cecille and Keiser Wilhelm Il
OLD Dominion Lime
Old Paint Comfort
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Washington. c
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INIA
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Carmania San
Vernon HO Brown
State St. Appre
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Clark
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Times
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Icles
Wall
HEARN
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Carhart,Co
Broadway, Cor
Canal St
Cor
13Th St
Chambers St
New Spring Millinery
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Mexico
OCEAN
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Pretoria
Patricia Jan
Neva Blueeher
Sam Hamburg -Waidersee
Hamburg
Batavia
Moltke
Alexandri
Italy
Burg
West Indies & Orient
NILE
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Pany’ S
Thce
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American Line
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Azores
Jong
Cedric
Xee Ng
Rere Blic
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Apus
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Passexger
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Whitehall
Egyptian Mail Ss. Co
Marseilles
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Cook
India
Cook & Son
Ty Ave
Terice
Mourt & Ropertsor
Porto Riso
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San Juan
Caracas
Pasar
Fall Iver
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Fon
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Providence
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Maine
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le Guiyra
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Boulton Bliss & A General
Wall St
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Poughkeepsie
Kingston
Pier 24
Moxtern
Ind
Bryant
Jordan Edwin Lentz
Arpet Cleaning CO
COR & Brandt
McDons Wee Gins
Sthave
Cece
Doral Wiggins
Shou
Denald-Wissine Co
Little Woney
Guatee
Yoru
MeDenslé Wiggins
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