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TWO
THE EMPIRE LIFE COMP AN Y VINDICA TED
‘BUCK POPE'
FATHER IK,
IS HESS DEAD
General of the Society of
Jesus Passes Away Almost
Simultaneously With Pope
Pius.
Fattier Francis Xnvlar Wcrnx, preneral
nf thr Society of Jeaua. also died In
Rome thiii rriornlgn. Father Wernx was
called "the black pope," a nickname used
to indicate hi* power behind the throne.
The late pontiff wag generally known
as # *the white pope."
*" The Conclave. 4
London.—A renuiern mass for Pope
Plus was held in Westminster Cathedral
at half-prist elovon o'clock this morning
Cardinal Bourne officiated.
It has been suggested in same quart
ers that the conclave for the election of
a new popa may be adjourned. The
reason la that under the present circum
stances It •might he, distasteful for Brit
ish, French and Belgian cardlnais to
meet with the Austrian and German col
leagues.
At Westminster Cathedral however it
was thought that it postponement of the
conclave was most unlikely. Cardinal
Bournes* secretary said:
*We are first of all Catholics, rather
than nationals. The presence of a pope,
is now more than ever necessary. Car
dinal Bourne ig starting next Saturday to
attend the conclave."
American Cardinals.
Washington, D. C.—Cardinal Farley of
New York Is understood to he In Hwits
erland whence he 'will make ills way to
Rome for tho meeting of the conclave.
The movements of me otner American 1
cardinals, Gibbons ,nf Baltimore and
crConnei of Boston, are, expected to bn
dependent somewhat on the interrupted
ocean transit.
Lyloo-ln at ate.
Rome*—lt Is believed the body of l*op*
Plus will he placed in a casket this aft
ernoon and that the lylng-ln-atae will
he In the same throne room whom so
many thousand people we~a admitted to
the presence of the lntp pontiff.
The celebrating of masses for the re
base of the soul of Pope Plus begun in
the death chatnbaf at 4 o'clock this
tuornig.
PLACE BLAME Ifi
SUGAR ADVANCE
Chicago. Roispnnstt'lllty for the re
cent advance In the price of sugar was
placed primarily on alleged niantpu
ir.tors of the New York market tn re
porte made today hy lnve.atlKH.tcra to
Jamae L Hruff. chief of the bureau of
Investigation of the Department of
Juatlee.
Chicago wholeaalera. the tnvestiga
tora reported, made corrapondtng In
Creases on their own account and
reaped large proflta.
New Italian Notes
Up to $70,000,000
Parla.—ln a deapateh from Rome
the correspondent of the llama agen
cy aaya an laaua of new paper notes
baa been authorlied by royal decree.
Tha notea are to be five and ten lire
<9l and 91) to the amount of 360,-
000,000 lira (170,000.000), entirely cov
ered by allver tn tha treaaury.
BRYAN. AT OF
PRESIDENT. CABLES
VATICAN
Rama.—The Pope's body repoaed on
a little Iron bed with damaak cover-
Inca. Beside the bed waa a amall linage
of the virgin.
Dr. Amtct carried out the operation
of embalming the tiody after tt had
been taken In charge by Monatgnor
Martlnucct. the chamberlain.
At Preat'a Request.
Washington.—At the request of
President Wilson, Secretary Hryan to
day sent this telegram to the \at lean:
"The president desires me to ex
press his sense of the great loss which
the t'hrlatlan world hns sustained In
the death of hla holiness. Plus X rty
Ida pure and gentle character, hla un
affected piety, and hie broad and
thoughtful sympathy with hla fellow
tren. he adorned hla exalted station
and attracted to himself the affec
tionate regard of all who felt hla
world wide Influence."
Tha president had received no offi
cial word of the death of the pope hut
acted on newt dispatches,
WITH "CANDID IMPARTIALITY,’*
Watmngten, O. C Instructions Issued
1., diploma tic and consul— officers of
the United Mats* acting tor the waiving
Europe.n powers, by Sr. relan lin n
today admonished them to "exeivise tha
extra duties w ith oundld Impartiality "
of no ttffldft! fufict or. oti vour
offtCM,'* J Ui« I‘titiUr), 4
TENNESSEE ORDERED TO
SAIL FROM FALMOUTH
Washington. Tho orulaor Tonn esseo, carrying »ol<l for rellaf of the
American* In Europe, wan ordered to sail from Falmouth, England, to
day for the Hook of Holland. Hoeretary Harrison, who ordered the ship
held until arcHn-omontH for her rec r ' pt.lon in the v.ators of belligerent na
tions were uomploted, said she probably would go to Rotterdam and re
turn to Falmouth by August uSth.
fT* wmfnMmi: --i r - i ~ , ,■ ■, „ . ,
* f. ~ -y'4 >V;
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<ss| Iw ip .SKM! •• ■
*\s .I, l'rfiti. s. T’ i •y. Tw W|l e * VJV: * Jk a . r|R j ■ f'.
-j/A a . T Mr * SmHrb jt F jfy*
This hit of terse was a favorite of
Mrs. Wilson's. The President often
read It to her:
This I beheld, <*r dreamed It In a
dream:
There spread a cloud of dust along a
rttttl underneath thu -loud, or In it.
rag vw
THE EMPIRE BUILDING AT AUGUSTA
A furious battle, and men yelled, and
swords
Shocked upon atvords and shields. A
prince's banner
Wavered, then staggered backward,
hemmed By foes.
A craven hung along the battle's edge
And thought: "Had I a sword of keen*
steel—
That blu« blade that the king's son
('HE AUGUSTS HERALD, AUGUSTA, Gfc
CONDITIONS IMPOSED.
Wa.hlngtno, D. C.—A condition Im
posed by the British government to ad
mission of a Herman relief ship to Brit
ish wafers was that It should fly the
American flag and be manned by Ameri
can officers. The purpose Is to prevent
disclosure of defensive plans of British
harbor* to German seamen.
bear* —but this
Blunt thing!"—he snapped and flung
It from his hand
And, lowering, crept away and left the
field.
Then ca ne the king's eon, wounded,
sore bestead
And weaponless, and saw the broken
sword,
Hilt buried In the dry and trodden
JUDGE DECIDES IDE EMPIRE LIFE
MERITS CONFIDENCE PEOPLE OF SOUTH
•and.
And ran and snatched It, and with
battle shout
Lifted afresh, he hewed the enemy
down.
And saved a great cause that heroic
day.
—Edward Howland Bill.
—Miss Joeie Ferris has returned.
News of Vindication of the Company Will Be
Received With the Greatest Enthusiasm Here
Where Empire is Popular.
OFFICIALS OF COMPANY HAVE BEEN
CONFIDENT OF OUTCOME ALL ALONG
Anxious For Case to be Fought Out on Its Merits. Empire
Headquarters Coming Soon.
Atlanta. Ga., (1 p. m., Tursday.)—
Judge Ellis, in the Fulton county supe
rior court, today denied the petition for
receiver for The Empire Life Insurance
Company which was filed some time ago
by Carroll Lattimer, attorney for Former
Judge Brown, of the Cherokee circuit.
The officers, directors, stockholders
and policyholders of the company
throughout the South have been confi
dent all along that Judge Ellis would
deny the petition as they have contend
ed that The Empire was not only solv
ent but has a large gross surplus. The
action In bringing the petition for a re
ceiver has been denounced by those con
nected with the company.
The Empire has been stacked unjust
ly for the past several months and the
officers of the company were anxious for
the case to be fought out on Its merits
so that the public might see by a court
decision that the company is entirely
solvent and merits the confidence of the
public which It has long enjoyed.
H. C. Lorlck & Co., general agents for
On Every Point Judge Ellis
Ruled With Empire Life
Had Georgia Law Recently Passed by Legislature Been in
Effect When Action Was First Taken Judge Brown Would
Undoubtedly Have Been Liable for Heavy Damages.
Judge Ellis decided in favor of The Empire Life
on every point at issue.
The battle was fought hard and Carroll Lattimer,
attorney for Judge Brown, associated with him some of
the ablest atorneys in Atlanta. Gumming and Hull, of
Augusta, with Atlanta attorneys represented the Empire.
The case was postponed once and the next time it was
called Judge Ellis refused the request of the attorneys for
Judge Brown to postpone it further.
The recent passage of a law by the legislature forc
ing persons who desire to place life insurance companies
into the hands of receivers to furnish bond in the sum of
SIO,OOO is expected to break up this praotice in the future.
Judge Brown would be liable for heavy damages if the
Georgia laws had been adequate at the time the petition
was filed.
Here Is Statement Which Empire
Stands on and Which Shows Beyond
Question That It ts Solvent
Tho follwing is the statement which The Empire Life Insurance stands
on and which shows Its solvency beyond question:
The Empire Life Insurance Company, Atlanta. Georgia. Condensed
Statement as Shown by Report of December 31st, 1913, filed with the In
surance Department. toooooo
Gross Asaots •. $2,021,978.18
Gross Surplus .. 566,484.27
ASSETS.
Bonds and stocks (including the company’s home office build
ing) 686,412.17
Cash in office and banks 68,243.93
Cash in banks on Interest 170,475.44
Policy loans and liena 641,118.16
Mortgage loans 14,588.50
Collateral loans 20,644.51
Renewal premium notes 39,794.51
Purchase money notes, first mortgage on real estate 10,425.12
Real estate 100,289.73
Bills receivable (Including stock ivitee) 159,333.10
Agents’ balances (less credits 9827.76).. ~ 81,190.87
Accounts receivable 17,188.23
Furniture and fixtures.. 14,279.33
Deferred and uncollected premiums net 37,543.93
Accrued Interest ... 10,450.43
Gross assets 92,021,978.13
NON.ADMITTED ASSETS.
Furniture and fixtures 9 14,279.38
Agents' balances 29.885.05
Aocourts receivable 17,189.23
Bills receivable (Including stock notes) 169,338.10
Premium notes and loans on policies in excess of
reserve 18,154.61
Collateral loans 3,978.81
Cash In defunct banks 1,883.13
Book value ledger assets over market value 7,637.60 252,339.72
Admitted assets 91.769,*88.46
LIABILITIES.
Net value of policies in force 91,268,496.41
Less value of policies reinsured 16,101.86 91,243,394.56
Present value of Installment claims 71,496.57
Death claims In process of adjustment 13,989 00
Death claims accrued no proofs received 4,500.00
Rick and accident claims In process of adjustment 476.84
Premiums paid In advance .. 1,183.43
Interest paid In advance 8.403.94
Taxes accrued 12,847.78
Dividends on deferred and uncollected premiums 4,335.26
Dividends left to accumulate 2,368.04
Survivorship bonus fund 90.50
Special contract dividends .. ... ... ... 15,764.55
Reinsurance premiums accrued ■ 3,729.63
Accounts payable 47.514.91
Commission on stock sales 25,401.00
Capital stock paid In cash 9248.671.08
Capital stock represented In notes.... 40,678.92
Surplus to stockholders 184,226.66
9478,476 66
Stock notes not admitted 168.333.10
Net admitted surplus 8 314,143.59
91,789,638.49
THURSDAY. AUGUST 20.
The Empire at Augusta, have always
been confident of the outcome.
The Empire Life Insurance Company
has done a great deal for Augusta. For
one thing. It started the biggest real es
tate boom in the history of the city when
it purchased a site for the erection of
its magnificent 17-story office building
which now adorns the 700 block of Broad
street. The removal of the headquart
ers of the company to Augusta is ex
pected to occur within the near future
and, undoubtedly, work will soon be re
sumed on the building.
Chairman A. H. Merry,' of the execu
tive committee of The Empire, Is out of
the city and no statement could be se
cured from him today.
The news of the decision will be re
ceived with the greatest enthusiasm in
Augusta. The Empire Is an Augusta
Institution and the people of this cltv
are proud of It and have not hesitated
to condemn the attacks made upon It.
It is not believed that the case will be
appealed, but if it is the decision of
Judge Ellis will no doubt be sustained.