Rensselaer Gazette, Volume 2, Number 32, Rensselaer, Jasper County, 1 December 1858 — Extraordinary Insurance Case. [ARTICLE]

Extraordinary Insurance Case.

Au extraordinary Life. Insurance case is now peiKling ill the lT.it.-d States Circuit. Court, at D.-timit. It appears that a Mr. Holden, of Ann Arbor,-Michigan, hid procured an insurance of S29,OT> on his life in diib-rent ofi’mes. About a year ago he xvas shot, and now his widow has sued lor the amount of flic insurance. Thecompanies, however, rejiis - to pay on the g onnd of a conspiracy todWraud. It appears that-Ilohpan liorrowed the money to pay the premiums o:i 'these life policies, and tb it he engaged in no business after procuring the risks. Tiie Insurance companies allege their belief that he was shot by patties having.m interest in the avails of tin- insurance poliqu-s. and that their careful and extended inquires lead them to the belief that this was the result of a conspiracy, .the principal actors in which ar-- now living iu remoL-parts of Now York, Pennsylvania, Illinois, Indi a ia, and Michigan, and, as yet', beyond the reach of proicess. 1 hey declilie to-gK'** tin* names of tln-se parties lest the ends of justice may be defeated Since the above was in type, we learn that tlie imatter is compromised by tin- Insurance companies paying two-thirds of t>ie premium.

Failure of A NoTfiHi: Si'intA jti.fE ('able-. The submarine telegraph" cable across the English ( hannel, from Dover, in England, to Calais, in France, has ceas.'d to do telegraphic duty. Jt had bc.-n in successful operation lor years, and its failure now is prool, positive that, the modes of insulation as vet discovered tire inadequate for permanent communication under salt w.ater, even for a. short distance. This renders the case of the great “Atlantic Cable,” in its present predicament, utterly hopeless. At. the best it could not have been relied on for any length of time. New inventions ami substantial i improvements, however, making electric communications across the Atlantic, a fixed fact are not to be despaired of. (gy~Jacob Born, former mail agent on the Evansville and Crawfordsville Railroad, was arrested on Thursday last, at Shawneetown, for depredation committed on the mail ten or twelve days ago, on the cars between Vincennes and Terre Haute. He was taken to Evansville on Thursday night and left, in the custoday of two persons in ; the I’ostoffice to guard him until morning. ['About daylight his watchers became heavy [with sleap and the prisoner gave them the ■ slip and succeded in making his escape. Tom Dyer for the Champhixsihp.— This gentleman, emulous of the laurels of Morrissey, and chagrined at. the defeat of Heenan, in favor of whom he had bet largely. has signified his willingness to enter the fistic arena against Morrissey’ or any man in the world for SIO,OOO. Thomas is confident <»f hisab lity to destroy .Morrissey’s identity on the. first round, and even intimates that should Morrissey accept of his proposition that the effects of the latter would, in the r.bsencri of a will, become the property of the “nearest relative.” Oty”The Missouri Democrat notices a new discovery of iron mines in th it State near the vicinity of the so widely known Iron Mountain and Pilot Knob. It far exceeds any discovery of iron ore both in quality and quantity heretofore made.