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SECOND SECTION 1 Phe Atlanta Georgian. SECOND SECTION VOL. I. NO. 39. ATLANTA, GA., SATURDAY, JUNE 9, 1906. ODTET?. In Atlanta TWO r>nta Jt lUUili. on Traint FIVE Cent*. THE POLICYHOLDERS' PROTECTIVE SOCIETIES By SAMUEL BARNETT CONSULTING ACTUARY V— S amuel babsbtt, one or the te\r in. dependent consulting actuaries In the United State*, hue written especially for The Georgian one of the strong- fs , statements jet printed on the Insur* gn< .„ fituntion. In addition to Mug a gerer* cHtlclam and expose of the methods employed l»J the alleged "giant a" of the fiitnnrlal world, the article contains In* tnlualde Information and pertinent sugges tions to not only the policy holders of the in tc, but to the policy holders all over the United 8tates.—Ed. Note. * There Is no difficulty In marking out the plmm thnt the policy holders’ protective so* '■let I*** ought to adopt. Neither la there a „v difficulty In putting thosp plana Into (■iteration, provided the poller holders au thorize those to act who kno* how to do it The policy holders must approve the Jdniis ond muat Mtlsfy themselves they ' 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 executed. Sot the practical detail* muat be carried ' , i,v those who know how to do It under •h.. authority of the poUey holders. The state of Georgia already haa an or- caidzed policy boldera’ protective society. This society was organised on December r 1906. Ita officers consist of Influential nil over the state. This society has never yet taken any active steps. The proposed meeting of the policy holders on March 20 waa so allmly attended the offi cers hare never since that date attempted to jt* is*not *ueceaaary to call any more pol icy holders' meetings at oresent. The of- V:«. r . ore fully authorised to net. There are three distinct lines of work tint ought to be adopted. None of these ? at all difficult for the poller holder*. Ail the policy holders have to do la. through ti,.>lr trustee*, to see that the work 1* gen uine and carried on In the Interests of the policy holdera. Polioy Holders Should Vote. Flrat—The policy holders In all the mntusl companies ought to vote (at all the annual meetings) for the policy holders’ ticket, but particularly at the coming elections In the fall and winter, at which the hardest fight will Ik* made. If the policy holders carry their ticket at these first elections It It likely they will have permanent control of "he companies. This applies particularly to the New York companies. The New York laws provide fully how the policy holdera are to rote, ip mall. Unless i natlng a polic In voting thnt tlcxer, success is very nouut- /ul. This campaign can not be carried on without organised state societies acting In concert. Tne northern societies are already making overtures to us to unite with them for the common good of all, and It Is em barrassing and somewhat humiliating to tell them we are out of the fight and are about to give up our rights, and supinely submit to the wrouga and scandals that created so much ludlgnatlou when first made public. . Notoaly ought the policy holders to vote, but they ought to send on delegates every year to attend the meetings or the com panies. ao aa to find out what little they can about what la going on. The pollc hnhlera themselves ought thus to “Inveatl gate as well os they can nnd not leave It all to the atate governments. For the object of state supervision la for the benefit of the atate at large and not to cut down am! have committed no crimes against the state the laws have been substantially complied with and the Insurance commie- -- - ru j e cm require very little alonera aa more of them. Should Act In Concert. Second—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 la too manifest to need argument. Particularly la uniformity needed In the methods of distributing the surplus to the policy holders In the shape of dividends. Few policy holdera have any Idea what abuses may be and are carried on under the latitude and looseness permitted In the modes of distributing dividends. If aaked what one thing ran the policy holders do that will protect their rights more than any other. It la quite certain the reply would l»e. lay down one definite plan of dividend distributions and require all com panies strictly to conform to It. latrlbute dividends by any plan It pleasest Thl« has nothing to do with the differ ence between annual and deferred divi dends. There may be no objection to de ferred dividends provided that when the policy holder does get hla deferred dlvl dends • • -- *■ - (lends he gets exactly what tielonas to him, and no more nnd no leas. If a policy holder desires to leave hla dividends with the company to accumulate at Interest, we may think he la actlug unwisely, hut surely he ought 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 Rulo the Companies. But suppose the company claims for Itself fhe right to calculate tbepe deferred divi dends by any rule It pleases and also to calculate annual dividends by any rule It pleases, thnt Is to say by the same or any other rule, nnd to change these rules when ever It pleases. Under such a ayatem what rlghta has ^ •- *- * -*• the mercy not saying ... . substantially the condition of thlnga today In the United Ktatea. Ask any company today In tho United Htntes by whnt rule ft calculates and declares Its dividends and It will probably, almost certainly, tell you The Table of Comparison. Trofita earned and 'dividend paid by five life insurance companies doing business In Georgia. Dividends purport to l>e distributed yearly by the acme plan: FT by the contribution plan. Yet this la uni formity In nothing bqt name. The contri bution plan means one thing to one com pany and something entirely different to another. It Is conceded that there are near ly as many different ways of calculating dlrtdendf aa there are companies. Neither are the differences small. The differences amount to a very great deal, ns I will show by particular actual rasea later. Beat Soheme Possible. Suppose a company running nt a great expense and wishing to conceal the truth from the public. Can you conceive of any liberty this company would enjoy aa much as the liberty to declare dividends to the policy holdera by any plan It pleases? Could ft —ym.t lee any scheme that would fnrnlah bet opportunity to cover up Its tracks nnd conceal Ita meandering*? Hence we find ell the extravagant companies opposed to lay ing down any uniform, definite plan of dividend distributions.- They say'll la Im possible and would work hardships. On whom ? There Is no difficulty In settling on tho correct plan of dividend distributions, in the June number of the Insurance Monitor of New York. I published what I believe every disinterested, fair minded man will aay la substantially the correct plan. Many of the companies opposed the plan, but 1 do not fear to aubmtt thnt plan to the courts and to nny Intelligent Imdy of bust- ness men and experts anywhere. The policy-holders need to have the quea- ..on of the correct plan of dividend dis tributions carefully looked Into nnd thor- uud Incorporated 111 to thi * states so aa to require al rywhere to conform to It mighly defined laws of nil the companies everywl _ Bureau of Information. Third—There la, however. Altogether a different class of work In which the policy holders ought to engage. The two classes of:work already alluded to constat In dl* •ra l go supervision made uniform lir the dlf- states and more perfect. The third will probably lie stronger than nfiy direct Influence that could poatIMy he brought to bear. Into this bureau should enter the Ily the uniform method trlbutlona approved by the Policy lb Protective Hoclety, the bureau should to he calculated from the annual reports of the companies each r thnt each company ough class of policy, and should compare the dlvldeuds actually paid by the coumanles with these calculations. If these do. ntav something Is wrong. Records Will Show. From the records of this bureau will be shown the dividends actually being paid by each company on each class of policy, st every age and policy year, and also wb#th er these results correspond with the state meat a made by the companies to the In aura nee commissioners. These records will thus constitute a per fect check on the cotnpanlea and fnrulsb the means of accurate comparisons as l»e- tureen one company and another for the Iteneflt of the policy holders. Under auch a system every badly managed company would lose Its patroiiage before things reached an acute stage. To n considerable extent thla plan la In operation now by private parties. For Jeara 1 have thought auch a plan would lie of Inestimable value, particularly to the policy holders of the Southern states, as w* buy most of our Insurance ft out outside companies. Having few companies nnd few nctuarlca of our own, our people are un educated lu Insurance matters to the ex tent they ought to be and no doubt will In* - ti. ao that tu * needed here acale und( organised nut It needs to Im run on a large •f the control and aauctlon of the J Policy Holdera* Protective Bo- clety of the atate. Thla society should care fully Itirestignta file methods of such a bureau and tiecome thoroughly satisfied the methods and the results are correct The more extensive the observations the more ... „ be run private parties, suspicion of undue Idas and of personal favoritism* will always be present. Read Thla Comparison. Ho as to give nu Idea of the character of Information auch a bureau would furnish 1 give an actual cnae now under Investiga tion. For obvious reasons 1 withhold tne names of the companies and the names of the policy holders. The comparison Is bo* tween five standard companies. all doing business in Georgia, and we will call them A. II. U. D ami R. All these companies In 1889 Issued exactly the aniue aort of policies, to wit: whole life policies for premiums payable during tho whole of life to parties all of the eaiue PHH ItUL W The only thing the policies differed lu at the start was the amount of the premiums, and we see below these were very nearly the same In all the companies. Moreover, all these policies are on the annual divi dend plan nnd each company declan** that It dlatrlhutea dividends mi tho contribution plan. Htartlng off thus exactly alike, or ao near It we would naturally expect that these companies would earn approximately Moreover, we would natural! If from the official statements of each com pany we were to calculate the profits as signable In each company to the policy these profits would be about the same as the dividends paid that year. How much more profits some companies make than others: how differently they pay these E roflta after they are made to the policy older: and l»ow much some companies wrongfully withhold while professing to distribute on the contribution plan every year everything that Is made that year appears from the table following. Hava Companies Bssn Truthful Attention Is naked to only a few points shown In the foregoing table. Companies A And II are two New York Giants, the other companies are outside New York. A ami B have done a great deal of business In Georgia. Wo see they have earned very small profit* and what Is worse have either not paid over all the profits they have earned or aloe they calculate their dividends by a Very Inequitable rule or else they have made their annual reporta more fav orable to themaelvea and Is truthful. Ou« or the other of these three things Is neces sarily true, and one Is very nearly as bad aa the other. Thsae extravagant com K inlea are the onee that h ggest business In Qsorgls. Companies c and D are tw< panics that have earned goc two mutual com .jive paid these profits boldera sa anon aa earned. Company E la a stock company that has earned very large dividends if Its iWog very large dlvtdende if its state ments to tne Insurance commissioners In* true, but the compeny bus fallen very - — -- ..srra. a if then roflta all these rroi _ policy boidtr. Yet __ per cent ou the cnpltnl stock !• ell thet Ita charter allows to he paid to the stock holder* each year. Kometblng here needs correction or explanation, Policy Holdor Oats Excuses. Innumerable questions similar to the above vitally affecting the financial Inter- eats of the policy holdera eriee the momeut any attempt la made Intelligently and scien tifically to look Into the policy holder's side of thla business. The policy holder Is put off with ambiguous answers or no auswera at all. Discrepancies and aus picious circumstance* remain unexplained, and the policy holder goes to hla lawyer, who tella hltu he has no remedy and tho matter Is thus dropjMMt. la It not time a little scientific accuracy should 1st Introduced Into the policy holders side of thla business, so that If the policy holder wants to know the facta may be •cceaelhle to the policy holder's actuary “ the policy holdera lawyer? JBPJNp ._ Jtplleh this Is to require the companies to make known their peculiar methods of dividend distributions, and If the dividends paid by the companies fall to tally with the companies’ official reports to Ithc Insurance commissioners the adjust ment must be made either by correcting the statement or correcting the dividend. I have no enlinoeity toward any par ticular company or any particular methods that are equitable. Hut simply aa the policy holders' setunry employed j.rofoH. slonnlly to value the indictee of •■••rtidii cllenta, and to tell tneui profe-^lonMilv which are the l>e*t contracts for them to take, I do not hesitate to say that »lu* policy holdera can never know or enf their rights adequately till they force «!*•- companies to make their report* fnll #no»sU for an outside actuary to verify or ref , — what the statements purport to dlscloaej All ambiguities and uncertainties mn»t removed and the report* should <11-: something In reality. And In thl* ni'.st l*e the method of ileclsrlog dividends. Hut even nfter all thla Is done the j . t ./ bolder* will need their bureau of mm tlon. Nothing can ever dispense will) bureau. Warnings to Policy Holders. First Warning—The dividends paid company II foregoing are about 12 per » of the premiums and by company C nt 27 per cent. Here Is a difference of nt 16 per cent. Georgia pay* out over tars. mlllld extravagances of outside companlei see there Is not much theory In this -i tlon. It comes home to our pockets, and mean* a great deal to thla state. Hccond Warning—llere bigness does not constitute strength. The small profits ond high expense of aoroe of these i>ig com panies Is j>roof of this. But I want to call attention to another view of It. Then.. giant companies A sad FI lure not paid to the foregoing policies all the profit* aa they were earned, as have other emu* psnlea. Companies A and It. the gianra, owe these bark profits to the polky hoid.-rs now nnd ought to pay them either rash or In the future with accumulated interest, etc. Have theee companies enough on hand to meet these demand*? easy to approximate that these dt will aggregate possibly twenty tnllli Isrs or more —‘— — L generally com of these glnut#’ so-called surplus Is lus st all, hut la liability to dafei lonmnda lion dot* i V- It la ty to deferred. Ida to this the rid end, du possibly rs for each company, we s<-e the so-called surplus of these com panies practically disappear*. Third Warning-Do not cancel your non- cles. Walt til! you learn the hit nation hotter, and till you know whether It your interest to cancel or not. | for the damages alreni force the romimnle* through th" J*»*r1 *]*. turns to mske known the amounts of h initiation to date on every class of defci dividend policy and to make known method or dividend distributions. I llsh your bureau of Information and operate perpetually In the future as r ventlve of such abuses for all time to ■ HAMUKL HAUNT I I. Consulting Actunry. Atlanta, Os. EXCLUSIVE COACHING PARTY FROM KNICKERBOCKER CLUB CcpUin Gay Return,. Captain Edward 8. Gay, of the Insu rance Company of North America and the Alliance of Philadelphia, who re- tunjel recently from a vlelt to the home office of hie companies, eaya he look, for a fine Increase In buelneea throughout the South. The Alliance he. recti red from Ita stockholders sub scriptions of $15 a share, which, on the company's 50,000 shares, will give 1750,000 additional funds, Increasing the surplus by $250,000, In addition to puylng the losses suffered at San Fran cisco. As To San Francisco Losiei. Major J. T. Dargan, president of the Atlanta-BIrmlngham Insurance Com pany, who recently returned from San 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 (hat justice to the stockholders of the companies and to other policy holders requires that all claims should hr thoroughly Investigated before pay ment, especially aa under the confused condition^ resulting from loss of books, end destruction of even the policies themselves. In many cases, numerous false claims have already begun to come to light. Whftner, Manry A Co. The recently consolidated local agen cy firm of Whltner, Manry A Co., has completed alterations to the en larged quarters on the third floor of the Prudential building, and now haa one of the fnoat commodious ofllcea 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 a position with the Southern 8tates Life Insurance Company, along the same lines of mathematical work. Matthews A Hill Get Agency. A recent vlstor to Atlanta local of fices was Agency Director Henry T. Schick, of the American Casualty Company, of Scranton, Pa. Mr. Schick's company has recently * been admitted to Georgia, and he appoint ed the local agency Arm of Matthews A Hill as general 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 Arm complete facllltes 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 h-'-n transferred temporarily to Bir mingham, Ala., where he will-take charge of the stamping office during the absence of George M. Reynolds on account of 111 health. Jsnningt Leaves Atlanta. •Special Agent George B. Jennings, of the Royal Insurance Company, will be 'rnnsferrtd from the Georgia Held to Virginia and North Carolina, follow ing the transfer of those states to the '"Uthern department on July 1. and will make his headquarter* at Richmond. ■Mr. Jennings will remove hla family to Richmond, their former homo. Ing of the Alabama Association of Lo cal Firs Insurance Agents. Murphy Appointed Agents. Otis A. Murphy, of Atlanta, recent ly appointed special agent of the Vir ginia State Insurance Company of Georgia, returned today from a trip to Columbus and Macon, where he ap pointed as agents of tbs company Moon A Clapp, and Cobb, Mallory & Const respectively. McLendon With Newell. Manager Alfred C. Newell, of the Columbian National Life insurance Company, has secured for hla 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 paign In northern Georgia during the hot weather. For Tate 8pring. 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 hla family, who will make their residence here, following the recent entrance of Mr. Hatch Into the Arm of Hatch, Harden A McOaughey, Empire building. Mr. Hatch and his family are spending the week-end at Llthta Springs. Drake Went Fishing. General Agent B. F. Drake, of the Pennsylvania Casualty Company, has returned from a Ashing trip to the mountains of North Carolina. Eugene King a Benedict. Cashier Eugene F. King, of the Fi delity end Casualty Company's Atlanta office, waa married on Wednesday of this week to Miss Della Hape, of Hape- tent/AfieuKc (tuar/.f far ets rM AMMESatF- is PM mrsfAjirn*** fvwYOJwaAn mzur NOTES OF LABOR WORLD The flrst union clubhouse to be built by a labor organisation In Chicago for th* use of Its members will be srseted shortly by the Chicago Federation Musicians. The players' home as pro jected will cost 1100,000. The recent biennial convention of the Commercial Telegraphers' Union of America, held In Cincinnati, was one of the moat successful and proAtable gatherings In the history of the organi sation. Among other things the con vention Inaugurated a mutual bensflt department. The former olTIrera were re-elected and Milwaukee was selected as the meeting place of the next bien nial. In no stale of the Union Is the agi tation against child labor more pro nounced at the present time than In Maryland. It has taken hold of all classes and extended to all parts of the stats. Under Lord Stanley, conservative, K stmaster general of the Balfour mln- ry, the employees of the British post, office department were not allowed to organise In labor unions, but under the new ministry they are accorded full right to form unions for the better ment of their condition end wages end to confer with the postmaster general It Is reported that John Milch, president of the United Mine Workers, will coon resign thnt position to enter the law office of Clarence Darrm, in Chicago. President Mitchell linn -1U'l- led law nnd been admitted to the bar The West Virginia Federation ,.r La bor In annual convention at Wheeling recently, passed resolutions giving per mission to delegates to enter politics cul candidates on labor Issues. The International American Fmiml- rymen’e Association hsld Its eleventh nnnual convention at Cleveland this week with an attendance of several hundred delegates. George E. McNeil, who died In Bos ton recently, was the flrst head of the iKnlghts of Labor and In hla day was one of the beet known labor leaders in America. Jjihnr Commissioner McLeod, of Michigan, has announced that he will strictly enforce the lew prohibiting children under 1$ years to work In fac tories. OFFICERS ANNOUNCED FOR COMING YEAR Snapshot Of the roach of the Knlckbocksr leaving New York for a Ihrae-hundred-mlle drive lo the Gerry Home, on Lake Delaware. Robert L. Gerry la driving, and Colonel Jay la on Ihs box. Max Oberdorfer Hire. Max Oberdorfer, of Jacksonville, Fla., «as a visitor this week to his brother. Manager Eugene Oberdorfer, of the FI vllle, O*. They will spend their honey moon In New York city. Mr. King la well known to all the Insurance men of Atlanta, who wish him and his bride all Joy. Mr. King has been with Man ager Oberdorfer continuously for twelve years. Insurers in Birmingham. General Agents W. L. Reynolds and R. A. Hancock, of the Oerman-Amerl- can and London and Lancashire, re spectively, are today In Birmingham In attendance upon the annual meeting of the Alabama Association of Local Fire Insurance Agents, other Atlanta Insurance men there ere R. T. Caldwell, special agent of the Westchester; George Collins, special agent of the Norwich Union; Major J. H. Ralne, special agept of the Phenlx. of Hart ford; Special Agent J. 8. Ralne, of the Atlas, end others. Gassier Harrison Here. Special Agent Gessler Harrison, of the Phenlx, of Brooklyn. Is a vltltor this week to the department offices of OenertU Agent H. C. StockdelL Mr. Harrison mokes his headquarters at Richmond for the state of Virginia, and has not been In Atlanta for some time. He says the town grows between visit* like a mushroom. Patchall Makes Chang*. General Agent E. E. Paschal] re- turned to Atlanta thl* week from a visit to department headquarters at Columbia. Hi* office* have besn re moved from the ninth floor of th# Em- firllty and Casualty Company. Mr. p | r e building to the sixth floor. In con- Cberdorfer has one of the largest Are ! junction with thoee of hls local agents, insurance agendas at Jacksonville. | xatthews A Hill. Frisnd Hss Returned. Spedsl Agent R. Mcl. Friend wss I Woodruff Like* Outlook, opeciai Agent n. sci. menu W— j this thl* week at hls Atlanta headquarter*. Ifichfgap £*%, t I!SSl* l SL He 7->llowing a month’s trip to the Ala- j wsea from a trip to MUH1lte. Oa. He lama and Florida.agencies under hi* esye Ineumnce condlttnne In theeoutn- - jpervislon. He went to Birmingham | em sections of the state are partlcu- Vuursday to attend the annual meet- larly good. VASSAR GIRLS POKE FUN AT GAEKWAR OF BARODA By Private Leased Wire. New York, June The June num ber of "Vesear," the monthly mega- slne written by the girl* of Vesear College, has been recalled by the facul ty, owing to the publication of satire on hls highness, the Gaekwar of Baro- da, who paid a vlelt to Vasear In May. But the suppression of the magaxlne has not prevented the poem being sung, and this was done with great enthusi asm today at th* Junior-senior boat tide. Appointed by Governor. Special to The Georgian. Hamilton, Ala., June $.—Governor Jelks has appointed lion. J. T. John son, of this place, as a member of the local board of control of the W. A. A. 8. The vacancy was caused by the resignation of Hon. C. E. Mitchell. Large Crop of Candidate*. Specie! to The Oeorgtan. Hamilton, Ala., June In this coun ty there are three candidates for the legislature, eight for sheriff and nine for county commissioner from the First and Third districts. It Is thought that three or four more will announce sooh. Te Recommend Appropriation. Special to The Georgian. , Hamilton. Ala., June Dr. R. M. Cunningham, candidate for governor, haa stated to President H. O. Sargent, of the West Alabama Agricultural school, of Ibis place, that In ease he Is elected governor he will recom mend In hls message to the houee larger appropriations for the district agricultural schools of Alabem- MEMORIAL SERVICES HELD AT OEDARTOWN Special to The Georgian. Cedartown, Ga„ June $.—The various churches of the rlty have suspended Bunday morning services and all their congregations will attend the Elks’ memorial at the opera house. On ac count of the summer heat the exercise* will begin promptly at 10:$0 o'clock a. m. An Interesting program has been ar ranged. The memorial sermon will be preach ed by Dr. B. R. Ledbetter, of Rome. Special vocal and Instrumental music will be given. , Are Still at Large. Special to The Georgian. Hamilton. Ala.. June The Stuckey brothers, who shot and wounded Frank Milligan In the western-part of the county a few days ago, are still at largt. OOOOOOUOOOOOOOOOQOO THE NEWS FROM HOME. When you leave Atlanta for your summer vacation, drop a postal with your address to the circulation department of Th* Oeorgtan. and th* paper will be mailed to you at the regular carrier sate to city subscriber*, of ten cents a week. When no tifying the office In (hls man ner, add your name address aiao. 0OO00O000O0OO00OO00 BRIGHT PROSPECTS FOR GOOD COTTON CROP Special to The Georgian. Eatonlon, Oa., June t.—The crop In this county I* In better condition and the prospect* brighter than for years past. Cotton Is well chopped out, and la now receiving Ita eecond plowing. Com has been already plowed twice, and I* In fine growing condition. Very little, If any. more cotton ha# been planted thl* year than last, and fully aa much corn. Distanced th* Other Tw*. Special to The Georgian. Hamilton, A/a.. June Harvey Sar gent. of Rusellvllle, haa been elected mayor of Russellville on the prohibi tion ticket. Hie vote* exceeded those of the other two candidates combined. THROUG-H SLEEPING CAR LINE TO Wrightsville Beach, N .0. Commencing Saturday, June the ttb, and continuing each Saturday during the months of June, July and Au- gust, through sleeping cars will be 'hr ere ted. delivering passengers at the hotel* at Wrigbtavlll* Beach, leaving Atlanta at 9:35 p. ro.; returning, tear* Wrightsville each Thursday, arriving Atlanta the following morning at <1:10 m. Season tickets 118.55; week end tlckeU. good for Hr* days, $8.25. SEABOARD. Hperlsl to Tbs Georgian. Itarnestlll*. Gs., June 9.—Mi»utanant Uooroa II. lloaru. rntuinamlniit of tha dor- don Instltiit# battalion, annotiuiw th* fol* low!nit aa tho Important nfflrors for hast In* with tho fall torm: O. W. H sjor; T. II. Fltsuatrlck. Aral captain: Kmtm-t Want, aocoml cajitaln; II. II. It*vis, third psptnln; U..W. wf«ht. flrst llcntonaut and adjutant; J. W. Uastsllow, flrat llontonant and qiiartormaator; J. U. Illrrh, J. U. Mlnuottc, II. I,. Watson, first Heutennnfs; D. L. Autry, 4. II. Iltta, II. II. Williams, second lieutenants. Following are the nou commissioned staff: It. Is, liraawell, sergeant major; INSURANCE LEGISLATION PROPOSED IN LOUISIANA It. I- liraawell, eargaant major; W. II. ■ laws or other states, unless It Coleman, .iniirferaiaaler sargeeaQ, F. I* paid-up capital of $26#.(inn t,r Muvpher. „r at least 1200,00* paid-up oarl aergaent end ehlef insaletaa. a net i Urp | UI which, with the ATLANTANS ADDRESS Special to The Georgian. Baton nouge, La., June 9.—It the hill that Itcpreaentatlvo Htroudbark hi troduced In th* bourn goes through atj this session of the state legislate people of Louisiana will be belt* levied In their dealings with foreign * Insurance companies doing bualnca , . here. Under th* provisions of the hill' I no Are or marine or Are and murine Insurance company can do business I-oulsluna, when organised under t It. | laws of other states, unless it tins ■■■ surplus which, with the i«tld- up capital, will aggregate $250,000. INSURANCE CONVENTION AN ELECTRIC RAILWAY TO LOUISIANA S CAPITAL Hpcclnl to Tha Georgian. Illrmlughnm, Ala., June •.^-Atlanta men figured prominently In the convention of the AlalKimn Fire Underwriters' Associa tion, which has Just closed. Pronittfbnt among the speakers at the closing session were IV, fa. Reynolds and H. A. Hancock, of Atlanta. Hr. Hcrpolda discussed the duty au agent owe* hlm#**lf. The general work of a fire Insurance agent was baudted ; the gentlemen interested, an uk w W-J'SSZt -J,1rs.gr. nt lhs» rnhvsh Art f«r*ll*n C*pll 111't <. <4 W...IVI Irarvl bv>f M, mw ..f I™* «* «* ■EW.? *^ ,r ' Special to Th* Georgian. Naw Orleans, La.. June An trie railroad connecting New < > with Salon Rouge, the state e a distance of 90 miles over the p railroad connections. Is proj*< ir. AttanSTwiEriTSStfi; with 7 h ; *mib‘ Th* corporation that Is to bluM t: - ' hM been organised tinder th# m the New Orleans and Baton Railroad Company, and the < stock has been placed at S2,5O0,< eastern Tariff Asmxlatinn lo the capacity of an expert electrician. The following officers were elected: Pres ident, It. II. Slsbi ham: executive committee. It. V. Manley, J. K. Imvlilson. L. I>. Ilatre, II. I* Crook ud W. K. Pitta Montgomery wss chosen ss Ibe next meet* ng place. At 7 o’clock last night the Insurance men G tbered at the Country Club to enjoy a mi net, which was a success in every par ticular. ARRESTED ON SUSPICION OF MURDER OF SHERIFF 3 SOCIALIST TICKET WILL BE IN THE FIELD, Special to The Georgian. New Orleans, La., June 9.- 'I rlallst* of this city will put up dates for congress In the lit Second congressional district r will open the campaign on July ait'-i Suit Against Sh* | Rpectal to Th* Georgian. Birmingham, Ala., June iff. Special lo The Georgian. Hsmllion, Ala, June 9.—Francis Yielding, of Hackleburg, brought a ne- | haj | ^ brought I _____ fro from the railroad camps and placed , Burgln, sheriff of Jefferson cmity. ■ him In Jail here a few evenings ago.; the death of » fuxiilve who was -ho The negro Is thought to he the one ! by two deputies while attempting t- who murdered the sheriff of Coving- place the man un.!. > on a chnrgi ton county, Mississippi. In January. A of murder. The suit i- nr ught by the thousand dollar reward hod been offer- (administratrix of the *»ti ed by the authorities In Mississippi i Hill, the dead man. who ' and th* description sent out talllea killed while endeavoi with th* negro arrested. from the officers oi