Jasper County Democrat, Volume 2, Number 5, Rensselaer, Jasper County, 13 May 1899 — FAVORS POLICY HOLDERS. [ARTICLE]

FAVORS POLICY HOLDERS.

Court Decision Bits Insurance Companies’ Surplus Funds Hard. Holdem of endowment insurance policies in the mutual life insurance companies are jubilant over the decision of Justice Woodward in the appellate division of the Supreme Court of New York, which is taken to mean, unless the higher court rules otherwise, that endowment policy holders are entitled to a share of the entire surplus of the companies, instead, as at present, only that part which-the directors In their discretion set aside. ' Late advices from Australia give particulars of the terrible hurricane which swept the northeast coast of Queensland early in March, and in which fourteen white and. about 400 colored men were drowned. Eighty luggers and six schooners were wrecked. The damage amounted to about $250,000. The Arkansas Supreme Court has decided that a man cannot escape jury duty because he has not paid his poll Hr Heretofore the fact that a man had failed or had refused to pay poll tax has excluded him from such service. ’'' 'r>.■ ’ - ■ • ' ■