THE OMAHA DAILY. BEE ; J . MARCH 3 , 1889.-SIXTEEN PAGES.
I 2ST S T .A. ! _ Hi 3Xd : E3STT IB O 3ST 3D S -
LIFE INSURANCE COMPANY OF
It pays the largest dividend of any company In the world.
Its death rnto for many years past has been lower than any of the
old companies.
The company Is prohibited by Its charter , loaning money to ally
officer , director or employe.
No Investments are made In railroad or other speculative securi
ties , os Is the custom of other companies.
Its Interest receipts alone since organization have more than paid
all death claims. In this it'has no equal.
The salaries paid to the officers and elerks of this company are
less than any other similar Institution In this country , only
v $23.044.23 last year.
It was chartered by the legislature of Vermont In 1848 , and
therefore practically covers the whole history of life insurance In this
country.
The charter and general laws of Vermont , under which this
| f company operates , are so strict that every' safeguard has been
| i thrown around its policy-holders.
It Is purely a mutual company , there being no stock-'holdors to
Claim any portion of the profits created by the policy-holders money.
Should the purchaser wish at any time to discontinue the install
ments the company will redeem the policy for the stipulated sum
expressed upon its face. If unable to pay the installments coming
duo'f.he company will advance the amount desired and continue the
policy In force.
The promptness with which "THE NATIONAL" pays its"death
claims is best evidenced by the following letter :
OMAHA , Feb. 23 , 1389.
Messrs. M. L. Roeder & Bro. , Managers Nat'l Life Ins. Co. , Omaha ,
Neb.
Gentlemen : I beg to express my thanks for the prompt and cour
teous manner with which the claim of my wife , Marie Frances
Potty , lately deceased , was paid by the National Life Insurance Co.
You can refer to mo in both the above particulars , for I can con
scientiously recommend It to any one desiring insurance. To speak
of the liberality and promptness of the National Life of Vermont in
the highest praise is but to say that which in every respect is true.
Yours truly , ( Signed. ) JAMES. K. PETTY.
THE SHOW
Increase in Assets , - Increase in Surplus , - Increase in Income , - Increase in Insurance Written ,
THE NATIONAL CHALLENGES THE WORLD to show examples that will compare as favorably as its list of policies in force drawing- the
largest dividends of any company in existence , a list of whipji , with rates and other information , will be sent on application.
M. L. RO . , Managers Western Department ,
Denver Offices : 20 and 21 Times irGol , . 401,402,403 , Paxton Block , Omaha , Nebraska ,
THE ROYCE RELIEF FUND.
The Charge of Its Misappropriation
Completely Refuted.
MALICIOUS SLANDER REBUKED.
A Story of the Negotiations Hacked up
by Indubitable Proofs A. Greedy
Lawyer and Needy Banker at
'tho Bottom of It.
History of the Fund.
For the sake Of creating a sensation and
with evident malicious intent to lower mo in.
the public esteem mid raise the wind for
newspapers that are sadly in. want of patron-
ego , the following report has boon published
simultaneously in Omaha and Lincoln dallies :
"Soon after the blizzard of January 12,1SSS ,
Tin : OMAHA Uic ; started a I'und for the relief
of Miss Hoyco , and during the winter and
spring of 1SSS the people subscribed and paid
in the sum of ? 5SOO. Of this amount Mr ,
Rosewater bus paid over $1,800 to Miss
Hoyco , aud retains in his possession exactly
W.tHX ) . The payment of this money has been
urged upon Mr. Koaowator by Miss Hoyco
and friends repeatedly , but ho has refused
on the ground that she would squander it.
His first proposition was that ho would In
vest and care for the money himself ,
but now , after holding the funds for
a year , ho refuses pay either the
principal or interest , and gives no sail factory
answer 16 the inquiries concerning the mat
ter. Miss Koyco has ottered to give ample
security that the money will not bo wasted.
Friends have agreed to hold It for her , pay
ing 8 per cent interest soml-annually , and
Riving bonds in any reasonable amount that
the principal will bo turned ever unimpaired
in ton years. To this proposition Mr. Koso-
witor at first assented. The bonds wore
made out , but ho rejected them und retained
tha money without assigning auy reason
therefor.
The truth of the fprogolng can bo substan
tiated by addressing uny of the following
gentlemen : J. T. Hccht , banker , Pluinviow ;
J. M. Dutchcr , merchant , Plalnviow : C. H.
Folsom , merchant , Philuvlew ; W. W.
Quivoy. county attorney , Plorco ; J. II. Stow-
nrt , real estate dtmlor , Pierce ; Ml.ss Louie
Koyco , Mount Ycrnon , la. "
There is just bcmblnnoo of truth enough in
ttils report to arouse Intense Indignation and
Impress the publio with the belii'f that u
high-handed outrage had been committed
under the cloak of bonevolenco. This Im
pression will bo dispelled whim the true his
tory of the case is told.
The memorable anneal of TUB HRU on behalf -
half of the victims of lust year's blUrard was
Jlrsl made in behalf of Mlnnio Freeman und
Ella Slmituck. Later , the names of Lolc M.
Koyco and Louu Woobbooko | ivero added to
thu list , as was also tha Wostphulon menu
ment. Whoa the contributions \vcro all In ,
by the middle of May , the following result
\VIIH published over my name :
Contributions for Mlnnio Freonmn.f 1,053 03
" " IStta Shattuck. . . 4,074 ( K !
" ' LoloM. Uoyco. . 6,053 ft )
Lonn Woobbccko 1,075 10
" " Wostphulou
monument , 110 45
This made a grand total of f 14,007 M
Kucelpts in full are in the vaults of Tnu
Dm : from Miss Freeman , from tha ndmlul-
tr. t > ru of tee Shattuck estate , guardians of
Lon 11 Woobbccko , und managers of the
Westptmlen memorial .fund. Miss Hoyt'o
alone has still an unsettled nceouit with
Tin : HKK , and for the very bent of rcasoue.
After Miss Hoyco had drawn a fraction
Over fSOO , and became convalescent , a peti
tion directed itorjonnlly tome , wasracclvctl
from thu cititous ot Plaluvlow , requesting
Unit the balance duo Miss Koyco bo with
hold until urrungemenu could bo made for
the sufe Investment of tha money , and urg
ing wu to go to Plulnvlew for n conference.
This petition wns headed by Mr. J , F.
Hecht , president of the Plnlnvfow bank , who
also wrote a separate letter , representing
that the parents of Miss Hoyco wore im
provident and liable to sjhjnd her money and
leave her destitute. Upon receipt of those
IMter * I bet about to devise MUIO plan
by which Miss Koyco would derive a
steady income from the lund without
being able to impair her capital. While
these inquiries were pending and plans were
maturing , I received the following letter
from Miss Koyco :
PI..UXVIKW , Neb. , March 13 , 1SSS. Mr.
Kosowuter Dear Sir : Will you kindly como
and see mo before disposing of the money
, thnt was raised for my benefit , as I would
like to have a talk with you. There has
been so much said about appointing
guardians , etc. There are special reasons
why I wish to see you. You wrote in your
last letter that you would como and sco mo ,
and I ask It as n request now. Hoping to
hear or see you soon , I remain , very res
pectfully , Lou : M. UorcK.
About n week later I took the train for
Plainviuw , arriving there alter dark. Mr.
Hcclit met mo at the depot und escorted
mo to his bank , an unpretentious frame with
a medium-sized safe behind n plain pine
counter. After locking mo into his room ,
Mr. Hccht confidentially informed mo tlmt
Miss Koyco was the only daughter of parents
that always had been in moderate circum
stances. "Her father , " ho said , " 1ms
been loafing about town ever
since the blizzard nearly three mouths. Her
mother had had her head turned by the sud
den inflow of money , which was then com
ing , not only from Tin : HUB , but from con
tributors in and out of the state. The wotnatt
lias become discontented with this place , " ho
went on , "and oven with Nebraska. She has
brought on her sister and family and all
these people are living off the relief fund. "
Mr. Hccht further stated that the people of
Plainviow had collected quite an nmount for
Miss Koyco but would not pay it ever for
fcur of its being squandered.
After talking over my plan for investing
the money with n llrst class insurnco company
for an annuity payable until death , which
Mr. Hccht appeared to approve , I walked
ever to the homo of Miss Hoyco. After urg
ing my plans for investing the money to Miss
Koyco and her mother they both consented ,
and authnri/ed mo to innlco the investment.
On my way back I met Mr. Nat Smalls , ed
itor of the Fremont Herald , who uppcarcd
anxious to know about the reports concerning
the dissipation of tbu Hoyco fund.
Mr. Smalls stated that nearly J400 were
held In Fremont for her , but not a Hollar
would bo paid until ( .01110 arrangements Irtid
been perfected to place the money out of
reach of her relatives. Subsequently Mr.
Smails wrote mo to the aamo effect.
A few days after my leturn I received thG
following :
PI.M.NVIKW , Neb , , March 23 , 1333. Mr. E.
Kosewutor , Omaha , Neb. Kind Si'1 : I have
been thinking over your proposition , and
have como to the conclusion that I don't llko
it. As the niouov was raised for my bandit ,
I prefer to have It ut my own dlsponil. If I am
not capable , und the people that gave it think
I am not ( it seems that by the biters sent
with the money that I have rerolved , and
others that hive nc.'n put in the fund , that
they wi ho-i mo to have the money ) , why , I
supofio , you will have to kindly ictftrn it to
them. 1 wns able with my parents help to
take care of myself before my uQllction ; they
( in do it now , nnd are perfectly willing. So
If ttie people wish mo to have the money to
take care of myself , please forward it to mo.
I do not intend to squander it , nor do my
parents. I nave no husband to do it for mo ,
und I don't Intend to got ono. Yours re
spectfully. Loin M. Hovci : .
This decision on the part of Miss Hoyo
crested much dissatisfaction at Plumvicw ,
and I requested Mr. Hecht to secure mj u
statement as to the squandering of the roiicf
fund. The following was received :
PLAIN-VIEW , Neb. , March 23 , 1833. Dear
Mr. Kosowator ; Have been devoting my
spare time to-day In Interviewing citizens re
garding the statement you buggcst. They
( most of them ) , while they favor it , are re
luctant to so publicly taking n stand ugumst
Miss K , receiving the money direct. I wont
to call on Miss K. . but she was not at homo ,
und this evening 1 tried to find someone who
had Influence over her , and thought such ono
might urcuo the case with ber , und probably
succeed tn persuading her to follow your ad
vice. Hut < t will be a hard task , ua she U
and has been for a long time , under the Influ
ence of opposition , or persons who are in
favor of her getting the money. I hnvo not
yet found a suitable person to talk to her , BO
please allow mo another day , I will try
to-morrow to huve seine ono who can
get this mutter In shape for us.
1 did tell you that Mr. K. and wife have not
done any work since January 13 , and they
nnd a family of relatives from the east have
arrived , and all of them are living on. the
STATEMENT , JANUARY 1 , 1889.
NBT ASSETS , Dec. 31 , 1SS7 . , . . $1,230,911.99
For Premiums . 81,231,17.1.517
For Intercut ntitl Wonts . 200t307.ll ( (
For Proll t and Loss . 50.U5 $1,5 11,537.33
IDnrSETJ SEID I3ST 1SQQ. .
TO POLICY-HOLDERS :
For claims by death . $201,200.03
For matured endow in cuts . ' 512,710.00
Surplus returned to policy-holders . . 155,180.52
Surrendered to policy-holders . HO.IWl.l 1 $019,400.03
EXPENSES :
Salaries ol ofllco clerics . $2.1,04 1.33
Medical examiners' feus . . . IM/JGS.fi'J
Tuxes . 1U8,471.70 !
General expenseitccouiit.ageiieies. . advertising , postage , printing , rents ,
furniture , and traveling expenses . 2-50,108.44 $322,651.09 , $012,0-50.75
Receipts over expenditures . ' 8o99'lSO.OS
HA.LANCE NKT ASSETS , Dec. 31 , 188S . S1SSO,431.G2
Add interest due and accrued . . $80,241.1 , " .
Ollieo , quarterly and somi-annual premiums , nut . lX5 ( , ( > SJ.6f ) >
Market value of stocks and bonds , above par . ' . 120,740.93 $313,080.07
GROSS ASSETS , Dec. 31 , 1838 . $ -5,191,112.29
LIABILITIES.
Computed re&orvo ( Actuaries' 4 per cent ) . $1,008,214. 07
Death losses in process of adjustment . 9,000.01) )
Premiums paid in advance and extra reserve on life rate endowments. ' 290,009.70
Liability as to policy-holders . ' $1,373,2-58.83 ,
Surplus by Vermont. Now York and Massachusetts standard . $ S20,8" 8.40
Surplus by Pennsylvania and Maryland standard . - 1,105,035.53
Total interest received . $2SG8G3o.2S
Total death losses paid . 82,074,380.55
Excess of interest earned over death claims . " $194,299,73 ,
Total amount paid to policy-holders . $5,157,147.32
Insurance written during 1BSS . 611,970,388.00 ,
Total insurance in force . . . . $32,312,303.00
money sent for Mis ? K. The fund would
last them about a year if they got it. Miss
K.'s letter to you is very Impolite consider
ing It Is written to ono who is doing so much
for liqr , she should bo willing to let you do
Just as you think bost. I will see Miss Hoyco
to-morrow , and have others call on her and I
think she can bo uersuaaecl to follow your
advice , which surely is the best. Will write
you ariiiii by next mail. Yours truly ,
J. F. HKCIIT.
PLVISVIKW , Nob. , March 33 , IS'ss. Dear
Mr. Kosowater : Miss Koyco and her pa
rents seem much excited nt present.
They had an idea that by writing to
you nnit demanding the money would bring
it. Now that they sco it does not , they uro
disappointed. I find the best thing ( in my
opinion ) is to lot them cool down. * * - *
Mr. K. told mo this inorn'ng ' that an attor
ney at Pierce ( he would not give his name )
had offered to get the money of Kosowater
for $1,000 fee. I am quite certain I porsuadcd
him during the day not to do so. * *
I houo wo will bo able to bring this matter
to u successful termination soon. Will re
port again Monday. Yours truly ,
J. l < \ IlKriiT.
Klght after this came n letter from a Mr.
Quivey , lawyer , ut Pierce City , with a de
mand to pay ever the money at onco. This
did not surprise mo , as I hart already been
advised as follows :
"Pl.UJSViBW , Neb. , April fl , 1883. Dear
Sir ; I did not write yesterday , as promised ,
for the reason that MUs K.'s attorney was
hero from Pierce , Had u long interview
with him. Said his plan was to demand the
money of you , una you would have to pay It.
I told him no such course wns necessary If
ho had any plans to suggest you would be
ready to consider them and would udopt
them if legal und best to do so under the cir
cumstances. Ho finally said ho would write
and advise you , or would try llrst by writ
ing you u friendly letter. His name is W.
W. Quivoy , who lives at Pierce , Neb. Don't
know what ho may write you. but 1 know ho
in in favor of getting the fund for Miss H.
and wants to loan It for her. When he 11 rat ,
commenood talking witU mo I spoke favor
ably of Ills suggestion and I found ho wanted
mo to go In mid help get the fund and I
should loan half of It on commission and ho
the other. I can got about ten (10) ( ) of lead
ing business men here now to slen the state
ment tlmt you suggested. Yours truly ,
J. F. HECIIT.
I5y this time m.v.uppllcatlons to managers
of the leading life insurance companies had
received duo consideration , as will bo scan :
NKIIIIASKA Hutxuir Omen op TIIK Nisw
YOUK LIPI : INBUIUXCI : CO.MI-AXV , Dit.
GEOIIUU L. Mil.i.mi , MA.XAOKII , O.MVIIA ,
March 29 , ISfij. My Dear Sir : 1 am In rs-
ceipt of u direct prox | > sitlon from the homo
ollieo In the ease of Miss Koyco. for the sum
of W.IKX . ) the New York Life guarantees her
an annuity of iil.M : ) for life. Should our
proposition bo favorably considered , ndvlso
us. Yours very truly , J. C. THOMAS.
Similar propositions wore received from
Mr , C , 8. Stobbias , general manager of the
Equitable Life , and from Mr. W. l-\ Allen ,
manager of the Now Yoric Mutual Llfo ,
Hut MUs Koyco , uudor her dome Influence ,
changed her mlnu , us will bo seen by the fol
lowing letter !
PLAI.VVIBW , Neb. , April IS , 18S8. Mr. E.
Kosowutor , Omaha , Nob. : Dear Sir : Your
letter of April 8 duly received. In reply I
will say that I do not approve of the plan that
you suggest to ouy the annuity , but as to
your suggestion to place It in the hands of
Mr , Herman ICountze , president of the First
National bank of Omaha , I think tlmt I will
will uccept that ; but inbtcud ot placing it in
the hands of the president I desire it placed
upon deposit in the bunk , to remain there for
ten yours , to bo loaned by an agent that I
will suggest for my banellt , who will secure
the bank for the money , aud will loan It und
guarantee mo 8 per cent , payable quarterly.
Now , understand mo , the bank are to bo
responsible to mo , and the agent whom I
chose will satisfy the bank as to security ,
and I will draw the Interest through tha
Omaha bank. I desire to appoint Mr. J. F.
Hecht , of this placo. Ho has said lie would
rather not assume the trust , but can bo in
duced to assume U , I think. The agent will
plvo bis security for the money to the Omaha
bank. Ho will do this either with the First
National or the Omaha National , Further ,
at the end of ton years , the principal is to bo
mine. I am willing that the matter be * so
arranged that I cannot draw it for ton years ,
but at that tlmo I shall bo twentynineyears
old and will , it ever , bo competent to have
charge of It. I want fifteen (11,000) ( ) hundred
dollars with which to buy mo a. homo , and
lor my iintnodlato necessities the balance to
bo deposited as nbovo stated. I have not
employed any lawyer nor I don't wish to , nor
my relatives.
If you will please answer soon you will
greatly oblige , Yours respectfully ,
Loin M. ItorcR.
On the same day the following was re
ceived :
Pi.u.vvinw , Neb. , April 12 , 1SSS. Hon.
E. Kosewater , Omaha , Neb. Dear Sir : I
have hud long till Its with the Hoyccs and it
lias taken me longer than I expected to got
their confidence. They always seemed to
think I was conspiring against thorn. I find
it impossible to persuade them into purchas
ing the annuity and to-day I offered her the
following suggestion as a compromise be
tween jou and her : That the fund ( after
she retains enough to purchase a homo
which she says she wants ) bo loaned to u
good reliable party or firm , who can use
the money to good advantage and
pay Miss Hoyco 8 per cent per
unnumt payable quarterly , said bor-
rowur to deposit the money in one
of the best Omaha banks , and when he
wants some or all of it ho must secure the
banlc the same as any borrower , only that ho
pays a low rats of interest enough to pay the
banlc for their trouble. Thus the banks can
allow themselves to be held responsible to
Miss Hoyco. The contract could so be inadu
that 11 ° the borrower fails to do his part ,
dies or wishes to be released the bank could
upp Jint another in his stead. To this Miss
H. objected , us it deprived her of principal
all tier life and docs not muko any arrange
ment us to what is to bo done with the money
when she dies. She said she would bo will
ing 10 make such an arrangement for ten
yours , ami promised me she would write you
about sucli u plan. If there is anything
further I can do for you In this matter , write
me and I shall bo pleased to servo you.
Yours truly , .T. F. HECIIT.
In pursuance of this request i called upon
Mr. Kouutzo with the letter of Miss Koyco
and talked over her proposal. Mr , Kountzo
infonred me that it was impracticable ) ; the
First National would not attempt to act as
trustee , and he could not personally do so. I
then called at thu Omaha National with the
name result , and wrote Miss Hoyco about the
obstacles In the way.
During the first week of May Mr. Hcclit
cauiu to Omaha and delivered the following
letter. At that time I was prostrate with a
carbuncle , ana directed our cashier to carry
out thu proposed arrangement and forward
a draft for f 1,000 to Miss Hoyco :
PJ.AINVIKW , Nob. , April . " 0. Mr. E. Hose-
watur , Qmalui , Nob. Dear Sir : Your letter
of April ! io received , and in reply will say
that I dnilro to Invest ft.003 in the baak , us
suggested by you , but would prsfor it it can
bo so arranged that Mr. Hccht can haiidlu
the money for inc as .suggested Mr. Hccht ,
the bearer of this Uter. will be in Omaha on
May 3 and wlllrcniiloto , | arrangements.
Please perfect arrangements as suggested In
your letter. The Uulauco of the fund you
may send to Mr. J."F. Hccht for my use.
Kospsotfully , nt Loin M. Kovcu.
I have omitted to.stato that some tune last
spring an elderly gentleman , hailing from
Kansas , called on mp tn the interest of Miss
Uo.vce , in whoso behalf his sympathies had
been aroused by the blizzard accounts of
TiiBliKB. Ho had'liooirinunlcatod ' directly
with Miss Hoyco and ound there was some
controversy over the investment of the re
lief fund. Atter ajull explanation the gentleman -
tloman , whoso name J cannot recall , started
for Plalnviow , accompanied by his wife.
They returned a fovy days later and called ut
my olilco. I was gratified to loam that my
conclusions were concurred in by them. The
gentleman was mratamphutlo In his approval
of my course , and expressed fears that unlots
the greatest caution was exercised Miss
Hoyco would soon bo penniless.
In the middle of June , after recovering
from my illness , I learned that Hecht had
been unable to satisfy the banks with his
proposals and the plan to let him loan out
thu money had fallen through. Meantime
Miss Koyco had moved to California and left
her funds uninvested.
Another effort was thereupon made to giro
Hccht a chance to take the money tor ten
years if ho would furnish a bond that mer
cantile .agencies and banks would pronounce
good.
In the middle of July the following letter
was received t
PLAIN-VIEW. Neb , , Julv 91 , 18SS. Mr ,
Kosowater : I will bo in your city in a few
days to UK up the Miss U. matter. Yours
truly , J , F , HKCIIT.
Mr. Hcclit came to Omaha a week or two
later aud presented a name for bondsman ,
Upon Inquiry at the DanUs , this party was
pronounced unsafe. Another trouble was
that the bond was not properly drawn. Mr.
Hccht was notified about these defects and
invited to procure a bond from a guarantee
trust company in case ho could not get an
acceptable surety In Nebraska. This ho was
unable to do also.
Thus matters dragged along until the mid
dle of November when the following letter
was received :
PI.AINVIBW , Nob. , Nov. 20 , 1SSS. Hon. E.
Kosowalor , Omaha. Dear Sir : Your letter
came in duo time. Have been away or woulu
Have answered sooner. Geo. H. Stocking ,
of Waboo , Saunders county , Neb. , will sign
as surety , which will muku the bond per
fectly good. Send mo bond and I will got
his signature , and while I um doing this you
can make inquiries concerning bis standing
if you wish. Either of us could borrow twice
the amount on our personal notes if wo
wanted. Please send on papers as Miss
Koyco is anxious to have this matter settled
aud the money drawing interest. Yours
truly , J F. HECIIT.
This bond , however , was pronounced un-
satifactory by bankers. Then Mr. Hccht
offered his futher , an old farmer In Piurco
county , us surety , in the following letter :
Pi.AixvIuw , Neb. , Nov. 3J , ISteS. Hon. E.
Kosewutor , Omaha , Dear Sir : It you desire
another name on my bond , the best-mid most
available man Is mv father of this placo. Ho
is u farmer , lives six nrilos from town. Ho
owns n section of land valued at # 10,000 , and
about , 1,000 worth of personal property. Ue-
sides his name is Cliribtalri Hccht. f think
one quarter section has an Incumbrancu of
$1.000 which is all his debts. I don't know
who you could get here to report him , would
rather you would not ask anyone here , as
there arc so many "jealous ones" who wanted
the fund , and they would surmise what it is
for , so I hop.3 that mv statement of bis worth
will bo sufficient. Ho or I could make oath
to what no is worth if you desire It. Yours
truly , J. F. Hr.uiiT.
The bond should read J. F. Htxht , oC
Pierce county , Neb. , and George H. Stock
ing , of Saunders county , and Christian
Hccht , of Piereo county , Nob. , ns sureties.
liy this tlmu I became convinced that
Hecht could not get u bond that was Unas-
biiiliiblo as a. security for ten years , and
getting tired of the endlcis annoyance , I di
rected our treasurer to notify Miss Koyco
that wo wonld drop Hccht and forward her
the money and let her niaka her own Invest
ment. Miss Koyce hud meantime moved
from California to Michigan. The following
letter explains itself :
OMAHA , Neb. . Dee. 11 , 1SS3.Miss Lolo M ,
Koyco , West Hay , Mich. Dear Miss : It ap
pears t"at Mr. H < vht is unable to secure sat
isfactory parties who would , in our Judgment ,
lw perfectly safe on a ten y.ear bond. Sup
pose now that we send this money direct to
you and settle the mutter in that way , as we
lire very anxious to have the matter out of
our hands , and no doubt you ure as anxious
to put the money in some shape that it can
bring you in something.
Please lot us lu-ur from you at once in ro-
gardj to this matter. Yours truly ,
THE line Puni.isinxo COMI-AXV ,
Per N. P , Foil , Cashier.
To this notice Miss Koyco responded from
Bay City ubout two wcokd later , but did not
mention that she Intended to locate In Iowa ,
and while she approved the proposition to
drop the Hvcht Investment she gave no direc
tion whora the druft would reach hor. Per
sonally I was not informed concerning her
movements , and supposed her still in Cali
fornia. 1 had taken it for grunted that our
business department would curry out her di
rections as to the final disposal of the fund ,
whatever that might bo ,
Ncf falrmiiidod man Jwho reads the corres
pondence above cited can Impute dishonest
motives to mo in endeavoring as far as was
In my power to prevent tbo squandering of a
fund ralssd for the faolo purpose of placing
Miss Hoyco above dependence. U is hardly
neoossury to add that I regret exceedingly to
bo compelled to make publicly known the un
fit ness of the parents of Mlsb Koyco to bo the
custodians of a fund that should be In the
bunds of prudent investors ,
E.
Funnral of fllrH. Franco.
The funeral of Mrs. Anne M. Franco , who
died Thursday morning , will occur to-day.
Blio will bo burled in Forest Lawn cemetery
at li o'clock , Mra. Franco's demise occurred
at the residence ) of her son-Tn-luw , D. H.
Tralll , 6'J5 Park avonuo. She wan Buvtnty-
throe years of age. Her husband , James
Franco , dlod about a your ago. Mra. Franco
eaves a number of grown children in the
state.
It protects ngnmst adversity in business.
It Is an investment and n protection combined.
It guarantees that a cerlnlii amount of money , with Interest , will
be accumulated within a specified time.
The installments paid are like deposits in a savlnns bank , and are
returned to the bondholder at his option.
The bond affords the very best so jurity , and is negotiable the snmo
as any other bond or stock.
Under this bond you "PAY AS YOU GO ; STOP WITHOUT LOSS
STOP WITH PROFIT , or CONTINUE FOR GREATER PROFITS. "
The bond is not hampered by any conditions or restrictions , and
Its cash value cannot bo impaired or jeopardized.
In case ofdcath your heirs receive the full amount of the bond. If
you live you receive the full amount oftiio bond with interest.
The bond matures at a specified time or in the event of previous
death , for its face value , and guarantees n definite sum in cash every
year.
Every policy Issued by this company guarantees :
First A Cash Surrender Value.
Second A Paid-up Policy , or ,
Third Extended Insurance for the Full Amount of
the Policy.
By this , the NEGOTIABLE VALUE is established from YEAR to
YEAR , and there can never be any dispute misunderstanding as
to what it is worth If the holder desires to dispose of it. No other
company issues so desirable and equitable a policy as the "Old Na
tional of Vermont. "
SUMMARY.
A $1OOOO , LO-YEAR NATIONAL BOND provides as follows :
First That the $1OOOO bond can be paid up in iiO years by annual
or semi-annual installments.
Second 'ihat lO.OOO will bo paid , should death occur at any
time within the twenty years.
Third That the cash value guaranteed on the margin of the
bond will be loaned or paid to the holder of the bond at any time.
Fourth That the bond participates in the profits of the company ,
and ? 1O.OOO , with all the accrued surplus , shall be paid at its ma
turity.
LINCOLN NEWS AND NOTES ,
Troublesome Times Ahead For a
Capital Olty Pastor.
DISTRICT COURT PROCEEDINGS.
Ransom's Vuluoa Policy Dill in the
Hands of the Governor In
surance Men on the
Anxious Hear.
LINCOLN BUREAU or Tan OMMHA. BEIT , i
1029 P STIIBET , J.
LINCOLN , March 3. )
Troublesome times are just ahead in
church circles of cast Lincoln. It is an
nounced at lust that Pastor Mlnohnrt will
have to answer to the higher powers of the
Methodist church for teaching doctrines
from the pulpit contrary to those tersely do-
lliied by the disciple of the church. And ,
furthermore , that ho will have to answer to
individual members of the church of which
ho is pastor for treatment anti-pastoral , and
for circulating false reports against thorn.
'I'hu formal charges uro in the hands of Pre
siding Elder Miller , und will bo preferred
to-morrow at the regular tiuartorly meeting.
It is learned that Mr. Minohart takes the
matter coolly , and will vigorously dafi'ml the
causa he lias taken us pastor of the church ,
in and out of the pulpit.
Grace M. K. church is unhappily divided.
Some fortv 'of its members are arrayed
squarely against the pastor and the doctrtno
orhiiiictilic.Uion , whiloan cijual numberswoar
by him A majority of the members of the
church , hewer , have folded their hands and
await Iho outcome , having denied heart or
car for either of the onposlrur factions.
In conversation with Tin : Hun scribe ,
Pastor Minehart expressed himself very
sadly regarding the situation and deplored
the influence satan evidently hud over a portion
tion of his charge. H0 took the position that
ho was called of God to preach ; that ho had
not promulgated doutrinos of heresy , but
Drenched the milk of the word , pure und un
adulterated Methodism. During the conversation -
versation , ho also stated that in the interim
of the clouds , showers had como ,
refreshing und invigorating , In tha
shape of two conversions , and
that the spirit was certainly moving
others to a bettor llfo. "I do not think , " ho
snlil , "Unit I have done any wrong during my
administration as pastor of draco church. I
tmvo been clearly actuated by the Spirit , und
have no doubt as to the result of the Investi
gation if it Khali have to como. I will bo
vindicated , The good work is going on , and
I expect , to see u glorious revival of religion.
3od , in his wisdom , works In u peculiar way
His wonders to perform. "
The meetings , since when the alleged pe
culiar manifestations of Clod have
jcen manifest , comunnnncod about fif
teen wcekH ago. During that time
Minohart IIUH < ald some very pointed things ,
lardly becoming a calm arid levul headed
servant of the Mnstor , say his pno'iiics or
opuoHcrs , owing to bin peculiar unit erratic
temperament , aud opunly clinrgo that ho IH a
uonoiimnlao on tint subject of sanctiflcation.
Jho whole trouble scorns to bu an outgrowth
of the effort of the pastor hits muda to forca
.ho acceptance of his tenets on the pan of
lis flock.
Neighbors of Minehart , out-lido of the
church , say that ho in a most excm-
ilary citizen , mid evidently conscientious
n ovcri thing ho says and doos.
A prominent citizen of Kmt Lincoln , uncon-
icctcd with churches , took occasion to say ,
lowurur , that Mlnctmrt was uortalnly u
mononmnlacon the subject of sancilllcatlou
and , moreover , that it would nmko u Illto
subject nC anyone who tried to awallow it.
The citizens of that part of the city are all
Dgog ever the muddle and Sunday's norvlcc
will bo attended as never boforo. Grace
church will not contain the people who Hock
o the morning's service.
District Court Mnttcrw.
The cases Instituted by IT. H. Onklpy and
1 , M , Loavltt Imvn been settled und with
drawn. Oakley felt agriovod because Loav <
tt told coal bearing trudo mark upon which
10 had built up a sutatuntlul trudo und en-
olncd him to prevent continuation , LeuviU
charged tlmt Oukloy had sold doiacstlo coal
upon which ho had built up a big trade bj
advertising. Each sued for fo.OOO damages.
The Trostor case still occupies the atten
tion of Judge Field and a jury. His thought
that ho and the Wisconsin Pnciflu folks will
conclude their wrestle on next Monday.
U. J. Green has commenced suit against
Lancaster county for $75 attorney foes , for
helping to prosecute the case against Henry
Bens , for murder in the first degree.
Aftu E. Loomis and Carlton E.
Loomis filed a petition to-day nqalnst
H. H. und Ella M. Ware for failurs
to oxccuto a warranty deed to a certain
described picco of property as agroad upon.
The petition ullages a peculiar condition of
affairs , and the answer will bo a matter ol
some interest.
Gottlieb Wornlngor sues the Missouri Pa
cific railroad company for $5.000 damages , al
leging that on a certain day and date on en.
gluoer' of the road caused his team to run
away , by undue use of the whistle in blow.
Ing off Btoaui , throwing him from his wagon
from which ho received permanent injuries.
The papers ; u the case sot up n damaging
state of facts , if they can bo proven.
Articles ol' Incorporation.
The Pruyn Coal and Carriage company ,
from ana after March 4 , will buy and soli
coal , wood , feed , llmo , cement , sand , horses ,
wagons , sleighs , harness , robes , notes ,
mortgages and deal in other evidences of
debt. Articles of incorporation wore filed In
the ofllco of the secretary of statu to-day.
The company authorizes a capital stock ot
$10,000 , and udvortiso an existence of thirty
years unless otherwise ordered by n majority
vote of the stockholders. The city of Omaha
is fixed upon us the principal plnco
for the transaction of business. FIva
thousand dollars ot the authorized cap
ital stock is to bo paid in
liand on the dnto of business commencement.
The incorporntors and stock lioldors are as
follows : II. J , , Charles W. aud Larmoa P.
Pruyn.
The Syracuse Journal company also ( Hod
articles of corporation , Tftln company is or-
gani/ed for tno purpose of publishing news-
mpors , cither dally or weekly , or both , the
manufacture of books , blanks , stationary ,
and such other work ns Is usually carried ou
by a printing and publishing company capi
tal stock , f 10,000. The company oommoncod
justness January 11 ! , and continues until
llko dnto in the year 1900 , Inuorpornlora
and stock holders us follows , viz ; Q , S.
Alexander , A. Godding , J. II. Ahrcnds , H.
M. Carpenter , Hans Larson , O. Homo , A.
0 , Alexander , George W , MclCoo , Peter
Van Antwerp , William Dennis , Charles 15.
Clurk , William Dunn , F.W. . Schroder and
1. A. Webber.
In the Govornor'H Ilnnil-i.
Hansom's Insurance bill Is now in the
lands of the governor. Insurance men ,
therefore , nrn ou the anxious scat. It is gen
erally understood that every inllucnco they
can bring to boar will bu employed to soouro
the governor's veto. Ho was waited ui > on <
yesterday by prominent Insurance lobylsts
, vho asked a hearing buforo hu put his l im-
, uro to the bill. The governor saw lit to
grunt thu request und , to-day , ha ( 'uvii thorn
ludicnce , and heard what they hud to say.
What ills action will bu is yet unknown , but
.ho feeling is strong that their Influence will
; o for might , and that he will sign the bill at
an curly day. "I believe , " fuld one pf too
itrongest workers on the Moor of the housa ,
'that in the event of u veto the loglHltituro
vill pass the bill ever his hoiul Inatantor.
The governor knows tlio temper of the Ibgls-
aturo as a body regarding tills mutter , und I
do not think lie will care to try Its temper if
so Inclined , I iim of the opinion that his
sense of the fitness of things will prompt an
minedlato signature. I have found Governor
llii-.yer Juut and fairly impartial , and have no
icaltancy in saying that I believe that tha
object oftho bill will moot his hearty con
currence. "
City NOWH and Notre.
Lincoln , In the near future , U to have an
Men MUBCO company. Mijjsrs. Bucket and
.tuwlor , of Omaha ujid Hi. Joe , Mo. . flU
munago and control the concern. It U uit-
Icrstood thnt arrangements have boon made
or roams in the liohaunun block , Curioil-
Ics theatrical are to enliven Lincolnitvs for
he small sum of 10 cents.
O. G. Smith , of the wtate Industrial school ,
Cearisoy , In in Lincoln and will tarry a
ew days , Ho tranafurrcd two of
ho Inmates of the tchool tn
he Bshool for the feeble minded at Hoalrlca
csterday , Mr. Hmth. | llko all other Koar-
neyitea. ban abidlnir faith In the future oho /
ho capital of Buffalo county.