Jasper County Democrat, Volume 9, Number 2, Rensselaer, Jasper County, 14 April 1906 — QUIZ ON INSURANCE [ARTICLE]

QUIZ ON INSURANCE

Wisconsin Legislative Committee Is Inquiring Into tbe goings of Badger State Concerns. Milwaukee, April 13.—The insurance investigating committee selected by the Wisconsin legislature in special session for the investigation of life insurance companies has begun what will undoubtedly be the major portion of Its work fn the Investigation of the Northwestern Mutual Life company. President H. L. Palmer, of the company, was the first witness. The examination was on the subject of the organization of the company with reference to the election of its trustees and officials. It vvas established that the officers and trustees of the company could exercise control over these elections and pretty surely elect their ticket. Secretary and Vice President Skinner testified as to policy loans, and it wus developed that a favorite form of investment of the funds of officers and clerks of the company was in loans on policies to policyholders.