Moneyed Holdups Linked to Mutual Reserve, McClelland Memo
New York reports reveal Mutual Reserve Life Insurance paid about $20 000 in alleged hold ups to policy holders and lawyers. John McLonald, a Philadelphia lawyer active in organizing policyholders, received 15000 in 1898 amid accusations of mismanagement and calls for a receiver. McClelland, chair of port appraisal, testified he remembered a voucher tied to Equitable Society payments though he said he never worked for them.
MENTIONED IN THIS ARTICLE
Iowa
Missouri
McClelland
New York
Mutual Reserve Life Insurance Combens
George D. Eldredge
Life Insurance
Eldredge Tooday
Eldredge Testi Red
John McLonald
Philadelphia
Mutual Reserve Sife Insurance Company
Los
Frederick A. Burnham
de Mandell
Mr. Eldredge
Thas
J. 8. Hoffecker
Hoffecker
Burnham
Eldredge
Connecticut
Mr. Hrughes
Charters P. McClelland
United States
Port of
Equitable Life Assurance Society
Equitable Society
Andrew C. Fields
Mutual Life Tranrance Company
Mutual Life Insurance Company
Fielda
Equitable
Mutual
Carlos Lewis
Junneon
Lewis
Johnson
Equitable Wins Suit In Surplus Distribution Case
In New York's Supreme Court Justice Scott sustained the demurrers by Equitable Life Assurance Society directors to Buford's suit seeking a just distribution of the society surplus. Buford claimed 1904 dividends totaled 6,001,906 with his share 13 dollars, contending 86,796,173 should have been distributed, leaving him 134. The judge allowed Buford to amend within twenty days, ruling policy terms grant participation but do not fix rate or extent, and that no statute or charter compels only a legal reserve amount for surplus.
MENTIONED IN THIS ARTICLE
New York
Equitable Life Assurance Society
Rowland W. Buford
Supreme Court
Buford
Scott mm
Justice Scott
Hhe
Missouri Probes Mutual In Life Insurance Firms
Jefferson City Mo Dec 3 Superintendent Vandever to spend next week in New York probing Mutual Life Insurance Company and Mutual Reserve Life. The Mutual Life was warned over a month ago that Missouri would demand similar information as in the New York Life inquiry, and Vandiver on November 14 sent formal requests for information. He will be there with an actuary an accountant and an attorney to obtain answers and begin detailed examinations as provided by law.
MENTIONED IN THIS ARTICLE
Jefferson City
Vandever
New York
Mutual Life Insurance Company
Mutual Reserve Life
Mutual Life
New York Life Insurance Company
Missouri Department of Insurance
Vandiver
Missouri Department
Vanilver
Jaw
Peabody to Succeed McCurdy as Mutual Life President
New York December reports Charles A. Peabody is likely to be elected president of Mutual Life Insurance Company at the board meeting slated for tomorrow. Frederic Cromwell, acting president pro tempore, expressed hope Peabody will accept, noting board discussions of his eligibility and his interest in numerous financial institutions including his role as American representative of William Waldorf Astor.
MENTIONED IN THIS ARTICLE
Mutual Life Insurance Company
New York
Charles A. Peabody
Frederic Cromwell
Peabody
Mr. Cromwell
William Waldorf Astor
District Attorney Adams Resigns from Boston Post
Boston district attorney Melvin Adams has submitted his resignation to President Roosevelt, stating the emergency vacancy due to Henry F. Moulton’s sudden death no longer exists. Adams says he accepted the post under that emergency. Meanwhile New Orleans reports a sharp frost with temperatures at 32 degrees, the coldest so early in December in decades. Overcoats offered to order at a low price by Goldheim and Gons, 7th Street, claim a strong week and potential record sales.
MENTIONED IN THIS ARTICLE
Adams
Boston
Maes
Dec
Melvin
United States
Boston District
Roosevel
Henry F. Moulton
New Orleans
Goldheim & Gons
Harmon Takes Hold Erie Authority Extended
The order by Judge Harmon extends temporarily the Erie owned control of the Cincinnati Hamilton and Dayton and Pere Marquette railroads. A new managing organization will be named when arrangements are complete, with Gordon remaining general manager. The receiver vows prompt employee pay and to operate as a going concern, with no service impairment. George W. Perkins elected chairman of Pere Marquette and Cincinnati Hamilton and Dayton boards, unchanging in leadership amid talks of suits against former owners.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
Judson Harmon
Cincinnal
Hamilton
Dayton
Pere Marquette
Evie
Erie
Gordon
Viarman
Chicago
Louisville
Perkins
New York, Dee
George W. Perkin
Pere Marquette ‘Railroad
Cincinnati, Hamilton and
Morgan
H. B. Halls
Ham- Yon
Pete Marquette
J. P. Morgan & Co
Russell Harding
Collision in East River Injures Captain and Spooks Ferry
December 5 reports describe the schooner Michael Collins colliding with the ferry Garden City in the East River. Captain Thomas Miller is perhaps fatally injured as the Garden City sustains a large hole in its bow. About 100 women passengers panic and attempt to jump into the water while the crew restrains them and the ferry docks under its own steam.
MENTIONED IN THIS ARTICLE
East River
New York
Thomas Miller
Michael Collins
Garden City
Miller
Villagers' revolt forms Republic of Novargansk
News from a Baltic border village reports the birth of the Republic of Novargansk. The locals issue manifestos abolishing adherence to imperial rule and deity, aiming to replace church and state with a self governed popular assembly and village rule.
MENTIONED IN THIS ARTICLE
Czar
St. Petersburg
The Pearl and the Pumpkin at National Theater
Lavish production titled The Pearl and the Pumpkin by Klaw & Branger comes to the New National Theater next week. The show features 150 performers plus the Esle-Artaza troupe from Madrid with nine women and five men, promising spectacular scenery, costumes, and dances unseen on American stages.
MENTIONED IN THIS ARTICLE
Klaw É& Dprlanger
New National Theater
W. W. Denslow
Paul Weat
W. W Bratton
Vermont
Washington
Miners' Gift to Printers Strike Support from UMWA
Indianapolis Dec 6 The United Mine Workers of America executive board agreed to pay in two lump sums a support grant estimated between 11 000 and 12 000 to aid the strike of the International Typographical Union. The national board meetings closed after long discussion of the proposed wage scale with no final decision, to be settled at the upcoming convention.
MENTIONED IN THIS ARTICLE
Indianapolis
United Mine Workers of America Today
National Board
Hunters Killed and Wounded Rise in Wisconsin and Michigan
Milwaukee dispatch reports 26 hunters killed and 51 wounded this year in Wisconsin and Northern Michigan, a record level. Many deaths resulted from accidental self shots and hunters misidentifying targets as deer, with several fatalities due to mistaken identity.
MENTIONED IN THIS ARTICLE
Wisconsin
Michigan
Milwaukee
Wis
Council Against Dunne on Dalrymple Report Weighs Chicago
Chicago city council adopts a resolution calling Glasgow expert Dalrymple to publish his views on municipal street railways despite Mayor Dunne’s opposition. Aldermen also push to circulate signatures for a referendum on traction ordinances and approve a gas rate investigation, signaling multiple reversals against the mayor’s traction plans.
MENTIONED IN THIS ARTICLE
Chicago
Dunne
Ctty Council
James Dairymyple
Young
Dalrymple
Council
Adda
City Council
Department of Muncipal
A Acre of Toys at Woodward and Lothrop
Woodward and Lothrop showcases an acre of toys in a grand display on the seventh floor. A special buyer attended the Leipzig toy fair and placed orders for unique items now shipped to Washington. The collection includes mechanical toys, dolls in many styles, and complete doll furniture, promising delight for thousands of children and promotions of industrious, domestic, and patriotic values.
MENTIONED IN THIS ARTICLE
Woodward & Lothrop
Tas
Leipzig
Woolward & Lothrop
Roe Tly
Thhousands
Dell
Raplet
Ministers Griscom Wright Visit San Francisco Reported
San Francisco December 5 The voyage of Griscom to Tokyo confirms plans for Admiral Togo to visit foreign waters and possibly travel to England and the United States next year. Gen Luke E Wright notes Philippines progress with fewer disturbances and rising exports. Miss Roosevelt’s visit fosters good feeling and hopes for commercial reciprocity as Congress considers needed measures. Governor Wright plans return to Memphis then Washington. Also aboard the Manchuria are W Cameron Forbes W G Welborn and Captain A C Baker.
MENTIONED IN THIS ARTICLE
Japan
Luke Wright
Philippines
San Francisco
Islands
Miss Roosevelt
Griscom
America’s
Tokyo
Manchuria
Togo
England
United States
Suez Canal
Luzon
Gen. Wright
Migs Roosevelt
Congress
Wright
Memphis
Tenn
Washington
W. Cameron Forbes
W. CG. Welborn
Capt
A. C. Baker
Raleigh
China
Steel Furnace Explosion at International Harvester Plant
Fifteen workers were burned in a furnace explosion at the International Harvester Company plant on 108th Street and Muskegon Avenue in Chicago. Two men shoved a cold steel bar into the molten furnace to ease the blast. three men were expected to die. The blast hurled molten metal across the room, smoke and fire blocked exits, and workers, dazed by heat and chaos, crawled to safety as flames shot from the chimney. The plant sustained only minor damage.
MENTIONED IN THIS ARTICLE
Chicago
International Harvester Company
108Th Street
Muskegon Avenue
Harrowing Pacific voyage amid cannibal threat aboard Susquehanna
Captain Watts and Chief Officer Felix Stinson arrived in San Francisco after the Susquehanna foundered off New Caledonia on August 23. The crew abandoned in three boats, two were picked up at sea. they fled cannibals on Salomon Islands, later rescued and joined by a trading vessel and taken to Sydney.
MENTIONED IN THIS ARTICLE
Pacific
San Francisco
Australia
Sonoma
Watts
Felix Stinson
Susquehanna
Nehone
New Caledonia
Delaware
Salomon Islands
Sydney
Tax on artificial wines proposed at New York meeting
At the annual meeting of the Wine Growers' Association of America in New York, secretary Les J. Vance urged Congress to curb artificial wines with a proposed tax schedule. The plan would set a $1,000 annual tax on manufacturers, $150 on wholesalers, and $50 on retailers.
MENTIONED IN THIS ARTICLE
New York
Dec
Les J. Vance
Wine Growers’ Association of America
Conveniion
Congress
Trains Crash at Crossing Near St Cloud
A Great Northern freight train struck a Northern Pacific passenger train at a crossing near St Cloud Minnesota today causing the rear coach of the passenger train to overturn. Several people were injured including George Mermat a Norfolk Pacific agent with head and leg injuries and H W Velga of Minneapolis with a wound and delirious condition.
MENTIONED IN THIS ARTICLE
Minnesota
St. Paul
Minn
Great Northern
Northern Pacific
St Cloud
George Mermat
Velga
Minneapolis
Unusual Decision Clears Gov Johnston and Allies
The Department of Justice dismissed an indictment against Gov Johnston former Gov Moseley and the firm Mansfield McMurray Cornish without a trial. The action ends eight years of struggle between the tribes lawyers and land grabbers who fought over Choctaw Chickasaw lands in Indian Territory.
MENTIONED IN THIS ARTICLE
Department of Justice
United States
Indian Territory
Johnston
Moseley
Mansfield, McMurray & Cornish
Manafield, McMurray, & Cornish
Gov
Grand Jury
Department of Justices
Chickasaws
Russell
W. B. Johnson
Mansfield, McMurry & Cornish
Washington
Congress
Johnson
Mansfield
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Mutual Reserve
el- Arde Suk
Max Behler
Towa Insurance Depatment
Qoulaiuat
Mutual Resserve Life Insurance Company
Max Mehler
Agin
Meilderdge
Bia
W. J. Ehelus
Vince
War
Eldrengo
Pws
James D
Wellgeférner
Siedge
Payn
Mutual Reserve! Ny
Department
Reyal
Dren
Hatredge
Mutua Reserve
State Department
Im 19
Lawrence & Hughs
Ums
Sheldon Elkus
Lauterbach
Fine Mutual Reserve
Lawrence& Hughes
Elkus
Eidredge
Youchera
Moss
John A. Hyland
Mutual Reserve Life Insurance Company
Hughes
Hyland
Exdent Burnham
Manchester
Harmon
G. W. Perkins
The
National Theater
Miners’ Gift TQ Printers
American
Gustav Dinser
Gertrude Hyland
West Side
Labor Day
Dinser
Pittsburg
Kans
Willis Lawrence
John Graham
Graham
Lawrence
Gov. Johnston
United States Patent Office
Wm, Hahn & Co
Cor
Dey Streets
WM. Hahn
N.W
Pa. Ave
S. E
Sloan’s Art Galleries
G St
G Street
Co. G. Sloan & CO
Dis. Inter
District i
Cantec
Bradfield
Co. Benemenee
Atlante, Ga
Eld Linens
Manne
Baller
West End
Ave
H.W
Philip Lederer
H St. NE
Hines