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- • - The Atlanta Georgian. SECOND SECTION VOL. I. XO. 39. ATLANTA, GA.,. SATURDAY, JUNE 9, 1906. On Train* FIVE Cent*, r~ “ '—^ —— «■( i. THE POLICYHOLDERS' PROTECTIVE SOCIETIES By SAMUEL BARNETT CONSULTING ACTUARY S AMUEL HAUXETT. one of the few In dependent consulting actuaries In the United States, has written especially for The Georgian one of the strong w t statements yet printed on the Insur- situation. In addition to being a ere criticism and expose of the methods employed by the alleged "giants” of the financial world, the urtlcle contains in valuable Information and pertinent sugges tions to not only the policy holders of the s tate, but to the policy holders nil over th,. united 8tates.~Ed. Note. There is no difficulty In marking out the plans that the policy holders' protective so liptic* ought to adopt. Neither Is there any difficulty In putting those plans Into operation, provided the policy holders au thorise those to act who know how to do U The policy holders must approve the t,la ns and must satisfy themselves they ire being executed correctly and In the Interests of the poller holders. The policy holders must stand behind the- movement and see that It Is being properly execi**''- 1 Ini* the practical details must be cm _ out by those who know how to do It under the authority of the policy .holders. The state of Georgia already has an or ganized policy holders' protective society. This society was organized on December r 1905. Its officers consist of Influential men all over the state. This society has never yet taken any active steps. proposed meeting of the policy holderi ■ March 20 was so sllmly attended the offi cers have never since that dute attempted to do anything. It Is not necessary to call any more pol ler holders* meetlugs at present. The of ficers are fully authorized to act. There are tnree distinct lines of work that ought to be adopted. None of these la at nil difficult for the policy holders. All the policy holders have to do Is. through their trustees, to see that the work is gen uine sad carried on In tho Interests of the policy holders. Policy Holders Should Vote. First—The policy holders In all the mutual companies ought to vote (at nil the annual meetings) for the policy holders' ticket, but particularly at the Coming elections In the fail and winter, at which the hardest fight will be made. If the policy holders carry their ticket at these first elections It Is likely they will have permanent control of the companies. This applies partlcnlarly to the New York companies. The New York law* provide fully how the policy holders are to vote. In person, or by proxy, or by mall. Unless all the states unite In nomi nating n policy holders’, ticket and unite la voting that ticket, success Is very doubt ful. This campaign can not be carried on without organized state societies acting In foneert. The northern societies are already making overtures to ULto unite with them for the common goodf* toll, and It Is em barrassing and some* Jt humiliating to tell them we are out w'the fight and are about to give up our rights, and supinely submit to the wrongs and scandals that created so mjich Indignation wheu first made public. . on ly °n*bt the policy holders to vote, h11t . l“*y ought to send on delegates every ye«T to attend the meetings or the com panies. so as to find out what little they can about what is golug on. The policy holders themselves ought thus to "luvestf- f?te «■ well ns they can and not leave 1 ., L t( l governments. For the object of state supervision Is for the Ixmeflt of the state at large and not to cut down expenses for the lieneflt of the policy hold- The policy holders are expected to do that themselves, if the companies are solvent and have committed no crimes against the state the laws have been substantially compiled with and the Insurance commis sioners ns a rule can require very little more of them. Should Act In Concert. 8econd—The policy holders ought to act In concert In procuring equitable and fair laws and uniformity In all the laws of the different states. This Is too manifest to need argument. Particularly Is uniformity needed In the methods of distributing the , 2 r 5! u * to the policy holders In the shape of dividends. Few policy holders have nuy Idea what abuses may be and are carried on under the latitude and looseness permitted In the modes of distributing dividends. If asked what one thing can the policy holders do that will protect their rights more than any other. It Is quite certain the reply would -be, lay down one definite plan of dividend distributions and require all com panies strictly to conform to It. Can you conceive anything more danger- to the rights of the policy bolder than llstrlbute dividends by any plan the P nj pleases? Tnls has nothing to do with the differ ence Imtween annua! and deferred divi dends. There may be no objection to de ferred dlvldeuds provided that when the policy holder does get his deferred divi dends he gets exactly what belongs to him, and no more and no less. If a policy holder desires to leave his dividends with the company to accumulate at Interest, we may think he Is acting unwisely, but surely ho ouglut to have that right, and no harm is done by anybody If at the end of the time the company gives him all that ought to be coming to him. Should Rule the Companies. But suppose the company claims for Itself the right to calculate these deferred divi dends by any rule It pleases and also to calculate annual dividends by any rule It pleases, that Is to say by the same or any other rule, and to change these rules when ever It pleases. Under such n system what rights has the policy holder? Is he not at the mercy of the company? And yet It Is not saylug too much to say that this Is substantially the condition of things today In the United States. Ask any company today In the United States by what rule ft calculates aud declares Its dividends and It will probably, almost certainly, tell, you The Table of Comparison. ' Profits earned and dividend paid by five life Insurance companies doing business In Georgia. Dividends purport to be distributed yearly by the sutue plan: I -- Company * | II | F I D | K Age Date the policy was Issued Amount of policy $10,000 $ie.00f js4t- Rum by the contribution plan. Yet thla la uni formity In nothing but name. The contri bution plan means one thing to one com- pauy and something entirely different to another. It Is conceded that there are near ly as many different way* of calculating dividends ns there are companies. Neither are the differences oraall. The difference* amount to n very great deni, ns I will show by particular actual cases later. Bast 8cheme Possible. Suppose a company running nt a great expense and wishing to conceal the truth holder* by any plan It pleases? Ing down any uniform dividend distributions. They ssy It Is Im possible and would work Hardships.. On whom? There Is no difficulty In settling on the correct plan of dividend distributions. In the June nnmber of the Insurance Monitor of New York. I published what I talfeve —*ry disinterested, fair minded man will Is substantially the correct plan. Many the companies opposed the plan, hut I do not fenr to submit that plan to the The policy holders need to have the ques tion of the correct plan of dividend dis tributions carefully looked Into and thor oughly defined oml Incorporated into the law* of all the states so as to require all companies everywhere to conform to It. Bureau of Information. Tlilrd—There Is. however, altogether n different clns* of work In which the policy holders ought to engage. The two classes of work already alluded to consist In di rectly . controlling the companies, the first by supervision by the policy holders (hem- selves and the second by state or govern ment supervision mndc uniform In the dif ferent states and more perfect. The third work the policy holders ought to engage In Is the establishment of n complete bu reau of Information for the'r own use and protection. The Indirect Influence of this bureau of Information on the companies will probably be stronger than any direct Influence that could possibly lx* brought to bear. Into tbla bureau ahnuld enter the policy holdera of nil the companies. When ever. any policy holder receives n dividend By the uniform method trlhutlnns approved by the Policy Holdera' Protective Society, the bureau ahnuld cause to be calculated from the annual reports of the companies each year the dividends that each company ought to pay on <«eh class of policy, and should compare the dlvldeuds actually paid by the comjmnles with these calculations. If these do not agree something Is wrong. Records Will 8how. Front the records of this bureau will he rhuwu the dividends actually being paid by each company on each clasa of pc" every age and policy year, and also er these results correspond with the state ments made by the companies to the In surance commissioners. These records will thus constitute a per fect check on the companies nnd furnish the Meciis of accurate comparisons ns lie- tween one company and nuother for the benefit of the policy holders. Under such n system every tiadty managed company would lose Its patronage before things ranched an acute stage. To n considerable extent this plan is In operation now by private parties. For years I have thought such n plan would 1m* of Inestimable value, particularly to the policy holders of the Southern states, as we buy most of our Insurance from outside companies. Having few companies nnd few actuaries of our own, our people are tut educated In Insurance matter* to the ex tent they might to Im ami no doubt will lx* soon, so that .such a bureau of Information Is needed' here In the Mouth more than ouywhere elae. Consequently to a coushl ernble extent I have privately run such n bureau. Rut It needs to he run ou n large acale under the control and oniictlou of the organized Tolley Holdera' Protective So ciety of the state. This society should care fully investigate the methoda of such a bureau and Income thoroughly satisfied the methods nnd the results are correct. The more extensive the observations the more satisfactory are the results and the gran the confidence of the people In the burei No matter how carefully It tuay be r. .. by private parties, suspicion of undue bias and of personal favoritism* will always be present. Read This Comparison. 8o ns to give nit idea of tho character of Information nuch n bureau would furnish I give an actual case now under tnvestign- the policy holders. The comparison Is lie tween five standard companies, all doing luisitiirHs In Georgia, and we will call them A. 11. C, D.nmf L\ All these companies In 1189 Isined exactly the Mine sort of policies, to wit: whole life policies for premiums payable during Ihc whole of life to parties all of the saute age, 51 years, rotqpatiles A, II and C ou the same mail, the others on other men of the snine age. each policy being for $10,000, The only thing the policies differed In at the start was the amount of the premium*, nnd we see below these were very nearly the same In nil the companies. Moreover, all these policies are on the annual divi dend plan and each compnnr declares that It dlatributoa dividends on the contribution plan. Starting off thus exactly alike, or so near It we would naturally expect tbnt these companies would earn approximately Moreover, we would nntura'll If from the official atateraenta of each com pany we were to calculate the profits as signable In each eoiupanj to the policy these profits would he alxiut the same as holder; aud how much wrongfully withhold whl.. f . . distribute on the contribution plan every year everything that Is made that year appears from the table following. Have Companiss Bssn Truthful Attention Is naked to only a few points ahowu In the foregolug table, t'ompautea A and II are two New York Giants, the other companion are outside New York. A and l! have done u great deal of bualtteas In Georgia. We see they have earned very small profits and what Is worse have cither not pit Id over all the profits they have earned or else they calculate their dlvldeuds by it very Inequitable rule or els** they have made their auntial reports more fav orable to themselves and Is truthful. One or the other of these three things Is traces- ssrtly true, and one Is very nearly ns bail ns the other. Those extravagant com panies are the ones that have done the biggest business In Georgia. rout patties f nnd D are two mutual pfiiiles that have earned good profits and have paid thsse profits In full to the policy holders as soon as earned. t’omnauy K Is jt stock company that has earned very large dividends If Its state ments to the insurance commissioners lx* true, hut the company has fallen very far short of paying over all these profits as dividends to the policy holder. Yet 10 per cent on the capital stock Is nil that Its charter allows to he paid to the stock holders eneb year. Romethlug here needs correction or explanation. Policy Holder Gets Excuses. Innumerable questions similar to the above vitally affecting the financial Inter ests of the policy holders arise the moment any attempt Is made Intelligently and scien tifically to look Into the policy holder's side of this business. The policy holder, la put off with ambiguous answers or no answers at all. Dlscrepanrien nnd sus picion* circumstances remain unexplained, aud the policy holder goes to his lawyer, who tells him he has no remedy and the matter Is thus dropped. Is It not time n little scientific accuracy should lx» Introduced luto the policy holder's side of this business, so that if the |x>llcy holder wants to know the facts inny tie accessible to the policy holder’s actuary or the policy holders lawyer? The way to accomplish this Is to require the companies to make knowu their peculiar methods of dividend distributions, and If inent must be made either by correcting employed dlcfes ot policy holders* nctnnry Mtonnlly to value the n clients, mid to tell th . which are the best contracts for th»*r take, I do Hot hesitate to any that policy holders ran never know or enf their rights adequately till they force companies to make their reports full cm for tin outside nctnnry to verify or re what tip* statements purport to dl*«- All ambiguities nnd uncertainties mm removed and the reports should dI-»- something In reality. And In this i lx* the method of declaring dividend* But evert after all this Is done tic r» holders will need their bureau of lnf<>i tUm. Nothing can ever dispense with bureau. Warnings to Polioy Holders. First Warnlng-The dividend- paid company B foregoing are about 12 p-r of the premiums aud by compouy «' n 27 per cent. Here is a difference of a! 16 per cent. Georgia pays out over million dollars annually In premium- which 15 per cent Is about one million lurs. Think of Oeorgla squandering million dollars annually. Consumed In extravagances of outside companle ' *&■ means n great de»d to this stole. Second Warning—.Mere bigness d constitute strength. The small profits a high expense of some of these big “ panics In proof of this. Ilut I wo call attention to another view of It. Th { :lsnt companies A and B have n o the foregoing policies all the as they were earned, ss have other »oin- panics. Companies A and B, tho giants, owe thsoe bark profits to the policy holders now and ought to pay them either cash or In the future with accumulated Interest, etc. Hnvo these companies enough money on hand to meet these demands? It Is easy to approximate that these demands will aggregate possibly twentr million dol lar* or more against each company. It Is generally conceded that about 80 per cent of these giants’ so-called surplus Is not surplus at all, but Is liability to deferred dividend policies. If wo add to this the liabilities due on annual dividend, due hut. not paid, amounting possibly to twenty thousand dollars for each company, we nco that the so-called surplus or these com panies practicaly disappear*. Third Warning—Do not cancel your poll-. cles. Walt till you learn the situation I bettor, nnd till you know whether It Is t»i your Intoreat to cancel or not. Fourth Warning-Meek your remodles In , the legislatures rather than In the court*, and In seeking to prevent future evils rather than In seeking to get even with somebody for the damages already dons force tho companies through the loiclsln- ! tures to make known tho amounts of nocu- I mulatlon to date on every claas of deferred i dividend policy nnd to make known their i method of dividend distributions. Katab- ' llsb your bureau of Information nnd lot It I operate perpetually In tho future ns a pre ventive of such abuses for all time to come. SAMUEL BARNETT. ' Consulting Actu Atlanta, Ga. Captain Gay Returns. Captain Edward 8. Gay, of the Insu rance Company of North America and the Alliance of Philadelphia, who re- t'jrnel recently from a visit to the home office of . his companies, says he looks for a fine increase In business throughout the Bouth. The Alliance has secured from its stockholders sub scriptions of $15 n. share, which, on the company’s 50,000 shares, will give $750,000 additional funds, Increasing the surplus by $250,000, In addition to paying the losses suffered at San Fran cisco. At To 8an Francisco Losses. Major J. T. Dargan, president of the Atl&nta-Blrmtngham Insurance Com pany, who recently returned from Ban Francisco, says the attitude of the California dally press, as a whole, is hostile to the insurance companies, which are doing their best to settle claims with promptness and equity. They do not seem to bear in mind the fAct that Justice to the stockholders ot the companies and to other policy holders requires that all claims should be thoroughly Investigated before pay ment, especially as under the confused conditions resulting from loss of books, and destruction of even the policies themselves, In many cases, numerous false claims have already begun to come to light. Whitner, Manry dL Co. The recently consolidated local agen cy firm of Whitner, Manry & Co., ha* completed alterations to the en larged quarters on the third floor of the Prudential building, and now has °ne of the most commodious offices In the city. Langford Makes Change. C. A. Langford, who has for some years been chief clerk for Actuary Samuel Barnett, has resigned to take • position with the Southern States Life Insurance Company, along the *ame lines of mathematical work. Matthews & Hill Get Agency. A recent viator to Atlanta local of fices was Agency Director Henry T. Schick, of the American Casualty * ompany. of Scsanton, Pa. Mr. Schick’s company has recently been admitted to Georgia, and he appolnt- the local agency fliia of Matthews A Hill as genera! agents for Atlanta, and vicinity. They will represent the com pany for all lines, including accident, liability and plate glass, and the addi tion to their office affords the firm complete facilltes for writing every form of Insurance extant. Hugh Kirkpatrick Transferred. Hugh Kirkpatrick, a well known At lanta boy. and an employee of the Southeastern Tariff Association, has transferred temporarily to Bir mingham, Ala., where he will take °* *he stamping office during absence of George M. Reynolds on account of m health. Q Jennings Leaves Atlanta. * Q **t cla l Agent George B. Jennings, of I, ‘ H°yal Insurance Company, will be fansferred from the Georgia field to iVl*S ,a an<1 North Carolina, follow- mc the transfer of thoke states to the , ,U u , n department on July l.and will \i . hl8 headquarters at Richmond. S, r .Jennings will remove his family to tth'hmond, their former home. Max Oberdorfer Here. “ !a * Oberdorfer, of Jacksonville, Fla.. a visitor this week to his brother. lng of the Alabama Association of Lo* cal Fire Insurance Agents. Murphy Appointed Agents. Otis A. ’Murphy, of Atlanta, recent ly Appointed special agent of the Vlr- S nla State Insurance Company of sorgia, returned today from a trip to Columbus and Macon, where be ap pointed as agents of the company Moon & Clapp, and Cobb, Mallory A Cone, respectively. McLendon With Newell. Manager Alfred C. Newell, of the Columbian National Life Insurance Company, has secured for his office this summer the services of Lee McLen don, a well-known producer who has been representing the company In southern Georgia. The company Is about to start a specially active cam- R algn In northern Georgia during the ot weather. For Tate Spring. Local Agent Fox, of the German Al liance, who has been indisposed for the past few days, is spending a week or so at Tate Spring. Hatch Moves 'to Atlanta. General Agent Hatch, of the Ocean Accident, returned this week from Sa vannah, bringing with him hi* family, who will make their residence here, following the recent entrance of Mr. Hatch into the firm of Hatch, Harden & MrGaughey, Empire building. Mr. Hatch and his family are spending the week-end at Llthla Springs. Drake Want Fishing. General Agent B. F. Drake, of the Pennsylvania Casualty Company, has returned from a fishing trip to the mountains of North Carolina. Eugene King a Benedict. Cashier Eugene F. King, of the Fi delity and Casualty Company’s Atlanta office, was married on Wednesday of this week to Miss Della Hape, of Hape-. vllle, Ga. They will spend their honey moon in New York city. Mr. King is well known to all the Insurance men of Atlanta, who wish him and his bride all Joy. Mr. King has been with Man ager Obe^lorfer continuously for twelve years. EXCLUSIVE COACHING PARTY FROM KNICKERBOCKER CLUB CVAC/flSVUe CIS FM JdnmpAsr^ rrte-jrABrmoff kgwm aam txuint The flrat union clubhou.e to be built by n labor organisation In Chicago for tho u,a of It. rn.mb.re will be erected nhortly by the Chicago Federation of Musician*. Tho plnyoni’ homo a. pro jected will cont 1100,000. The recent blonnln! convention of the Commercial Telegrapher*' Union of America, held In Cincinnati, wh* one of the moet successful and profitable gathering* In the hl.tory of the organ!- aatlon. Among other thing* the con vention Inaugurated a, mutual benellt department. The former officer* were re-elected and Milwaukee wae aelected a* the meeting place of the next bien nial. In no atate of the Union la the agi tation agalnM child labor more pro nounced at the present time than In Maryland. It ha. taken hold of all claaa.a and axtrnded to all parta of the atate. Under Lord Htanley, conservative, postmaster general of the lialfour min istry, the employees of the British post- office department were not allowed lo orgenlse In labor unions, but under the new ministry they are accorded full right to form unlona for the better ment of their condition nnd wage* and to confer with the poetmnater general It Is reported thst John Mitchell, president of the United Mlno Worker*, will soon resign that poslilon to enter the law office of »'I;i■.■ i,.-.• I iiirpow In Chicago. I'resident Mitchell hns Mud- led law nnd been admitted to tho bar. The Went Virginia Federation of La bor In nnnunl convention at Wheeling recently, pnsaed resolution* giving per mission to delegates to enter politics ar 1 to have committees appointed to Investigate the etnndlng of nit politi cal candidates on labor Issues. The International American Founrt- rymen'a Association held Its eleventh nnnuat eonventlan at Cleveland this week with an attendance of neverul hundred delegate., Oeorge K. McNeil, who died In Bos- ton recently, was the llrst head of the Knight, of Labor and In his day wh* one of the beat known labor leaders In America. Labor Commissioner McLeod, of Michigan, has announced thnt he will strictly enforce the Inw prohibiting! children under 14 years to work In fac tories. OFFICERS ANNOUNCED FOR COMING YEAR Snapshot of the coach of the Knlckbocker leaving New York for a three-hundred-mlle drive to the Gerry Home, on Lake Delaware. Robert L. Gerry Is driving, snd Colonel Jay la on the box. Imurera in Birmingham. General Agents W. L. Reynold! and R. A. Hancock, of the German-Amerl- can and London and Lancashire, re spectively, are today In Birmingham In attendance upon the annual meeting of the Alabama Asaoclatlon of Local Fire Insurance Agent*. Other Atlanta Insurance men there are R. T. Caldwell, apeclat agent of the Westcheater; Oeorge Collins, special agent of the Norwich Union; Major J. H. Ralne, special agent of the Phentx, of Hart ford; Special A* ent J - 8 - R** ne - ot th ® Atlas, and othera. Gtssltr Harrison Hsr*. Special Agent Oeesler Harrison, of the Phentx. of Brooklyn, la a visitor this week to the department offices of Genera! Agent H. C. Stockdell. Mr. Harrison makes hi* headquarters at Richmond for the state of Virginia, and has not been In Atlanta for some time. He sav# the town grow* between visits like a mushroom. Ptschall Makes Chang*. General Agent E. K. PaschaU re turned to Atlanta this week from a visit to deportment headquarter* at -— - — . Columbia.' His offices have been re- Eugene Oberdorfer, of the FI- moved from the ninth floor of the Em- I 1 T' 1 f '**ua!ty Company. Mr. [ ,,lrr building to the sixth floor, In con- I-, ,,rr “r has one of the largest fire • Junction with those of his local agents, vr.ime agencies at Jacksonville. Matthews & Hill. Frisnd Has Returned. Woodruff Like* Outlook. , •'Tfial Agent R. Mcl. Friend was Manager Frank t. Woodruff, of the at hi* At'anta headquarters, jMIchlgan Mutual Life, returned this •ns a month’s trip to the Ala-; wees l -om a trip to Millville, Ga. He 1 ond Florida agencies under his jsavs In. oranee condition* In the soutn- ' i*n. He went to Birmingham i ern stct'nns -uf the state are parttcu- t.-da/ ; 0 attend the annual meet- Isrty foe, 1. VASSAR GIRLS POKE FUN AT GAEKWAR OF BARODA By Private Leased Wire. Nsw York, June »,—The June num< ber of "Vaasar," th* monthly maga sine written by the girl* of Vassar College, has been recalled by the facul ty, owing to. th. publication of satire on his highness, the Oaekwar of Baro- da, who paid a visit to Vassar In May. But the suppression of the magazine has not prevented the poem being sung, and this was done with great enthusi asm today at the Junior-senior boat ride. Appointed by Governor. Special to The Georgian. Hamilton, Ala., June t.—Governor Jelks has appointed Hon. J. T. John son, of this place, as a member of the local board of control of the W. A. A. B. The vacancy was caused by the resignation of lion. C. E. Mitchell. Largo Crop of Candidates. Special to The Georgian. Hamilton, Ala., June (.—In thla coun ty there are three candidate* for the legislature, eight for sheriff and nine for county commissioner from the First and Third districts. It la thought that three or fouy more will announce toon. To Recommend Appropriation. Special to The Georgian. Hamilton. Ala., June Dr. R. M. Cunningham, candidate for governor, has stated to President II. O. Sargent, of the West Alabama Agricultural school, of this place, that tn case he Is elected governor he will recom mend In his message to the house larger appropriations for th* district agricultural school* of Alabama. MEMORIAL SERVICES HELD AT OEDARTOWN Special to The Georgian. Cedartown, Go., June The various churches of the city have suspended Sunday morning service* and all their congregations will attend the E|k*' memorial at the opera house. On ac count of the summer heat th* exercises will begin promptly at 10:10 o'clock a. m. An Interesting program has been ar ranged. The memorial sermon will be preach ed by Dr. S. B. Ledbetter, of Rome. Special vocal and Instrumental music will be given. Ar* Still at Large. Special to The Georgian. Hamilton, Ala., June 0.—The Stuckey brothers, who shot and wounded Frank Milligan In the western part of the county a few days ago, ar* still at large. THE NEWS FROM HOME. OOO090U0OO0OOOOOOOO 0 o o o • 0 0 * When .you leave Atlanta for your summer vacation, drop a postal with your address to the circulation department of The Georgian, and th* paper wttt be mailed to you at the regular carrier rat* to city subscribers, of ten cents a week. When no tifying the office bi this man ner, add your home address also. 00000000 0 0 0 0 O0000O0 Special to Th# Georgian. DariiMrill*, 'In., June 9.—Mrntenant lloscoe II. Hearn, roinnisudaiit of the Gor don Institute battalion, announce* th* fol lowing s* th* ImiKirtant offleera for nest esr, beginning with Ihe fall terra: O. W. -baaklli ~ “ i, major; T. M. Fitzpatrick. Aral Emmet Ward, accom! captain; H. i, third captain; fJ. W. Wight, flrat INSURANCE LEGISLATION PROPOSED IN LOUISIANA Special to The Georgian. Baton Rouge, La., June If the bill | thnt Representative Stroudbeek has In- t traduced In the house goes through at this sssslon of the state legislature, th* people of Louisiana will bo better pro-' tected In their dealings with foreign Inaurance companies doing buslne** here. Under th* provisions of the hill no lire or marine or flro nml marine, BRIGHT PROSPECTS FOR GOOD COTTON CROP Special to The Oeorgtan. Eeyinton, Ga., June t.—The crop In this county Is In better condition and the prospects brighter than for years past. Cotton Is well chopped out, and Is now receiving Its second plowing. Corn has been already plowed twice, and la In' line growing condition. Very little. If any. more cotton ha# been planted this year than last, and fully as much corn. Distanced th# Other Two. Special to The Georgian. Hamilton, Ala., June Harvey Sar gent, of Rusellvllte, has been elected mayor of Russellville on tbe prohibi tion ticket. His votes exceeded thoes of the other two candidates combined. THROUGH SLEEPING CAR LINE TO Wrightsville Beach, N .0. Commencing Saturday. June tbe 9tb, and continuing each Saturday during the montba of June, July and Au gust, through sleeping ears will be op erated, delivering passengers at the hotels at Wrtghtavllle Beach, leaving Atlanta at »:3S p. m.; returning, leare Wrightsville each Thursday, arriving Atlanta the following morning at 3:30 a. m. Season tickets *18.5S; week end tickets, good for five days, ISA'S. SEABOARD. B. Davis. I lleiiti-nsnt and ailjutnnt; .1 W. raatelbiw, Hist lleiitensnt amt qunrierroaster; J. i\ nircb, J. C. Mlnnette, It. I,. Watson, first lieutenants; II. I,. Autry. J. II. I'ltls, II. II. Williams, second llrutennnla. -------- Following are (be non-cominlMloned Ntsff: Louisiana, when organ! It. I.. Hr*.well, *erge*nt major; W. II. i law* of other states, union* It ha Coleman, qusrtrrmaalef sersssnt; I’. I* paid-up capital of $3*4.000 or m. • 1 M “ r P h *r-1 or at least $300,000 paid-up capital , sergeant and chief luuslrlnn. I a net surplus which, with th Insurance company can do In ATLANTANS ADDRESS INSURANCE CpNVENTION Hpprial lo Tb« OtorgUo. Illrmltifham. Ala., Jon# 9.—Atlanta man figured promlnrntljr lo tba convention of I bo Alabama Fire Under wrl tare' Aeeocla* tlon, which hna Joat rloaed. Prominent among the apeiikera at the closing aeaalon were W. I*. Hejnolda and It. A. Hancock, of Atlanta. Mr. Ilevnolda dlacuaaad the duty on agent owea himself. The general work of a fire Insurance agent waa handled by Mr. Hancock. One of Ihe net nddreaaea of the conrra* tlon waa delivered by A. M. Hcboen, of Atlanta, who la connected with the Mouth- eaatern Tariff Association In tbe capacity of an einert electrician. The following offleera were elected; Prea- Idrni. It. II, Mabry, of Melina: vkr presi lient. Henry B. Mcott. of New Decatur; aec- retarjr-trcasiirer, B. 8. Moore, of Birming ham; ezecutlve committee. It. F. Manley, J. B. Davidson, £. D, Bat re, H. I*. Crook nnd W. F. Fltta. Montgomery waa cboaen aa tbe next meet ing place. At 7 o'clock Uat night the Inaurance men j up capital, will aggregate $260,000. AN ELECTRIC RAILWAY TO LOUISIANA'S CAPITAL Special to The Georgian. New Orleans, La.. June $.—J trio railroad connecting New with Baton Rouge, the stste n distance of 10 miles over the railroad connectlona, I* projec the gentlemen Interested, amon ar* local and foreign capitalist*, feel certain of the sucesaa of their plan*. Th# corporation that I* to bluld the road ha* been organised under the name of the New Orleans and Baton It Railroad Company, and the ca stock has been placed at $3,$04,40' l elec- • rlenn* apltal. • rexent «!. and [•ital SOCIALIST TICKET WILL BE IN THE FIELD Bpeclal to The Georgian. New Orleans, La., June *.—The lienqnet. Which wss a sucres* in trrff p*r-'| clallsts of this city will put up . andl tlruiar. |dates for Congress in the First and Second congressional dlatTh-i - They ARRE8TED ON SUSPICION OF MURDER OF SHERIFF will open the campaign on July 4. Suit Against Sher | Special to Th# Oeofgtan. Birmingham, Ala., Special to The Georgian. Hamilton, Ala. June Francla I _ Yielding, of Hackleburg, brought a >>•-1 has boeo brought against gro from the railroad camps and placed t Burgtn, sheriff of' Jefferson cou him In Jell here a few evenlngi ago. 1 the death of a fusime who « The negro 1* thought to be th* .one by two dsp-iti-- 'Idle altcmi who murdered th# sheriff of Coving- I place the man un-l- i mr.-t ,,n a ton county, Mississippi. In January. A of murder. Th.--on Is br-.ugln thousand dollar reward had been offer- administratrix of th* * -tat* .it ed by the* authorities In Mississippi HIH the dead man. v ho «a* * snd the description sent out tattle*; killed while todeavoi Ini; P. x- with the negro arrested. from 11 • ®• : - "P.«* y**ar ago.