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PARAGRAPHICS CURRENT NEWS AND OPINIONS (By X. Mabie Wright) Not For Wives Who Are Good Cooks. Charles Gilpin Again. Spanish in a Negro Paper. Mixed Casts Bugaboo. Jack Johnson. A few drops of lemon juice added to the dough when making pastry renders it more digestible. Certain husbands might call the attention of their wives to this. Gilpin of "Emperor Jones" fame is coming out again. This time in "Roseanne," a drama depicting a phase of Negro life - a section cut from real Georgia life. In this play Gilpin is supported by an all Negro cast and sustains himself as an actor of the first rank. "The Negro World," one of our 300 race papers, carries a Spanish section. We recommend it to our local Spanish class. Why so much fuss over the mixed cast that will produce "All God's Chillun Got Wings"? Mixed casts are not new. A century ago such casts played in America and Europe; and what of it? Up with the curtains and on with the play. Why pamper foolish squeamishness and impede art? Jack Johnson has not come back yet. Silly Jack; even a pugilist didn't have to slip in the slime as he did. In the realm of pugilism Jack Johnson could have made such a record for fistic prowess and gentlemanly demeanor that the race would have been eternally proud of him. Think of him winning $100000 ten years ago at Reno and $2915 in a bout with Homer Smith a few days ago. How have the mighty fallen! Pugilists, as well as other folks, have to watch out for the little foxes which destroy the vines of manhood. "In compliance with a request from the National Association of Real Estate Boards the Louisville Real Estate Board has undertaken a survey of what prices are actually being paid for residential rents in Louisville. This survey is being made in connection with a comprehensive survey being conducting by the National Association in cities over the United States and Canada. Here is one survey that tenants and the public in general can see no need of. Nobody is expecting any relief from high rents. We suppose that the National Real Estate Board has caught the "survey" fever. CLARKSDALE, MISS. Mr. A. Reed of Jackson, Miss., is the new district manager for the N. Carolina Mutual Life Insurance Co., which vacancy was made by Mr. W. L. Mason, who went to Asheville, N. C., several weeks ago for his health. Mrs. Reed comes highly recommended as a Christian gentleman. We are proud to have such people come to take up their abode with us. His family will come to our city later.--We notice two of our Clarksdale ladies have entered the Louisville Leader contest which started off last Saturday. Both these ladies have gone to work in earnest. When they meet you on the street, they talk nothing but business.--Mrs. Addie Fields died suddenly in Helena, Ark., last Wednesday, March 12th. She left here Tuesday evening for Helena looking well. Her remains were brought back here for internment. The funeral was conducted at the residence on Sunflower Avenue by Rev. W. T. Strong and was buried in Paw Paw Cemetery Friday evening, March 14. Mrs. Fields leaves quite a host of relatives and friends to mourn [illegible] loss.--Judge William Harrison, of Chicago, Ill., gave a splendid lecture at First Baptist Church Friday night last week. His subject, "The World on Trial." Everyone present gave special attention to every word spoken because it was food for thought. The crowd was not as large as it should have been for such a nable address as that which the judge delivered.--Mr. and Mrs. James Chatman, of Harrison Avenue, are the proud parents of a sweet little baby girl.--Rev. and Mrs. Clark of Harrison Avenue, are both on the sick list this week.--Mr. G. W. Gilliam, who went up to Lula, Miss., last Sunday to assist in the laying of a corner stone, took sick while there and had to be brought back home. He is much improved and says he will be out in a day or two--Mr. A. L. Nichols of Garfield place, has had a radio installed in his home for the pleasure of his family and friends. Mr. Nichols says he won't have to go to church so much now, because he can stay at home and hear preaching--Miss Annie Scott is on the sick list this week.--The Metropolitan Social Club met at the home of Mrs. A. A. Mitchell March 11. The club members enjoyed a spicy program, after which Mrs. Mitchell served refreshments. This club meets every week. Mrs. Drew Hampton is the president and Mrs. Mitchell, secretary.--Mr. J. M. Lightfoot left for Chicago this week on business--Mrs. Delia [illegible] rfleet is in the Clarksdale hos[pital] undergo an operation' We hope [illegible] to be a short while before she is [illegible] return home--Mr. P. E. Lig[illegible] Greenwood, Miss., spent a few [illegible] here last Sunday the guest of [illegible] r, Mr. J. M. Lightfoot--Mr. [illegible] Johnson of Arkansas, spent Su[day?] [illegible] ne city shaking hands with fri[illegible]-- M[illegible] Long, who recently completed [illegible] college work at Fisk University [illegible] home with his parents at 718 [illegible] BIG OPENING MONDAY DOMESTIC LIFE INSURANCE COMPANY INVITES ALL TO BEAUTIFUL HOME PROGRAM OF INSPECTION AND ENJOYMENT Elsewhere in this issue a whole page carries an advertisement of the opening of the new magnificient home of the Domestic Life and Accident Insurance Company, at the corner of 6th and Walnut Sts., Monday, March 24th from 9 A. M. to 9 P. M. The organization of this $100,000 Company, and the purchasing of such property as one of the most beautiful structures owned by Negroes anywhere, in so short a time, is one of the most remarkable business successes known to this community. Under the slogan of 'A Bigger and Better Negro Business in Louisville and Kentucky" the moving spirits of the Domestic with the full support and cooperation of every man and woman directly or indirectly connected with the company nothing has been left undone that the program might be put over, and to the satisfaction of all The Domestic official family and force moved from their old quarters at the Pythian Temple to their new quarters several days ago, but the formal opening carrying a big program of inspection, music, refreshments, souvenirs and general enjoyment was held up until a time that such a program could be perfected as would make every man, woman and child feel that they are a part and parcel of the institution; its growth and advancement. All are cordially invited to the Grand opening Monday, March 24, from 9 A. M. to 9 P. M. None can afford to miss such an elaborate program, and such a rare opportunity. THREE SHOT IN NEW ORLEANS LOVE QUARREL THE SENATE CONFIRMS WALTER L. COHEN STEALS FLOUR FOR HUNGRY FAMILY; GETS THREE YEARS MRS. ROBINSON WITH HARTLEY HOSIERY CO. Mrs. Louis E. Robinson, formerly Miss E. M. Buckner, wishes to announce that she is an agent for the Hartley Hosiery Company, located at 5th and Chestnut Streets. She will call to take orders for Spring Hosiery. If you need hosiery before she calls, please call Shawnee 4287-J. Jackson, Miss., Candidate Is Out In Front Mrs. Smith Gets Early Start In Leader's Third Big Campaign Early starts have been taken by several of the candidates in The Leader's third and last subscription campaign with the new model 6 cylinder Essex Coach as Grand Capital Premium in contest. It was just three months ago last Wednesday the 19th, that Mrs. J. L. Sanders of Clarksdale was the winner of the second Essex Coach purchased from the Triangle Motors Company, Fourth and York Streets, this city. Mrs. Sanders received her car a few days after, shipped to her from this point, and is now the happy owner of a beautiful high class automobile that she could not have secured so easily through any other medium. Mrs. Sanders started out to spend a little time, and put forth a little effort in placing in the homes of friends of her community one of their own worthy newspapers. She did this, and the results were even surprising to her. The last campaign closed with Mrs. Sanders of Clarksdale, Miss., in the lead, and the first week of the present campaign finds Mrs. W. H. Smith of Jackson, Miss., in front with Mrs. B. C[illegible] of Clarksdale, Miss. [illegible] of [Buechel?], Ky. is resting comfortably in third place. Mr. Johnson made splendid reports, as did Miss Sykes of Decatur, Ala., Miss Hallie of Shelby, Miss., Mrs. Moss of Glasgow, Ky., Mr. Lunceford of Nashville, Tenn., and Mrs. Moore of Louisville, KY. Others will get in the battle of ballots next week. Watch! The number of votes reported and the standing at the close Wednesday are found on page 8. DROPS DEAD AFTER VISIT TO SICK FRIEND Mr. A. R. Norris of the Crescent Hill Ice Comfany spoke to the business men at their weekly luncheon at the Hotel Walnut last Wednesday. The men are invited to the Y. M. C. A. tomorrow (Sunday) at 4 o'clock, and will be t he guests of the Antioch Baptist Church of which Rev. G. F. Watson is pastor. All members of the association, and all business men and women of the city, and the public are invited to the "Y" Sunday afternoon and at Antioch Thursday night. JAMES' STATEMENTS PLEASE OFFICIALS "Very Fair And Impartial," Their Opinion Of State Examiner's Report In the statement published here, the officers and directors of the Kentucky Home Society for Colored Children, make it known that they are pleased with the report of the affairs of the Home by State Inspecter and Examiner Henry E. James last week. The statement from the officials of the Home, who regard the report at fair and impartial follows: "The inspection and examination covered every transaction of the institution, which revealed economy on the part of the management, splendid care of the children and excellent cleanliness of the institution, the record and bookkeeping were highly complimented. There are two suggestions that Mr. James touched upon, and advises the management of the institution to adopt. To refuse admission to mentally defected children, or in other words, such children as are not suitable candidates for home placement. The State of Kentucky makes no appropriation for the incurable child or infant, and no provision for the feeble-minded colored child. A number of these children have been brought to the institution, not because [illegible] but that they are without visible means of support. (Continued on page 8) Poston Dies as Ship Nears Home ROBERT L. POSTON DIES AT SEA NEAR HOME The death of Mr. Robt. L. Poston, brilliant young Kentuckian, who was Secretary General of the Universal Negro Improvement Association, with headquarters in New York, is a shock to his many friends in Louisville, and all those who knew him. Mr. Poston died at 5 o'clock Sunday morning, March 16, on board the S. S. President Roosevelt, twenty-four hours out of New York, after a brief illness of picural pneumonia, the result of a contracted at sea ten days from Liberia en route to the United States, was the cause of his death. At his bedside when death were the ship's doctor, Miss Henrietta Vinton Davis, Fourth Assistant President General, Mr. Milton con Lowe, member of the delegation to the inauguration of the President of Liberia of which Mr. Poston was chairman. Remains Brought Thru City Yesterday The remains of Mr. Poston were brought htru Louisville en route to his home in Hopkinsville over the Pan American yesterday at 11:45, accompanied by his widow, to whom he was married just six weeks before sailing for Africa. Mr. G. Emonia Carter was president of the New York branch of the U. N. I. A., and his brother, Mr. U. G. Poston. Funeral services will be held tomorrow afternoon at 3 o'slodk. Mr. Poston made several speeches in Louisville last year, and made a wonderful impression on the home folks. At 34 years he was one of the most brilliant leaders in the race. Mr. Marcus Garvey, President General of the U. N. I. A. pays a fine tribute to Mr. Poston in this week's issue of the Negro World. PERRY BREAKS SILENCE GIVES HIS SIDE OF STORY OF SALE OF MISSISSIPPI TO SOUTHERN COLORED COMPANIES GIVEN CHANGE TO BUY With a response to a letter from the editor of The Leader, the president of the Standard Life Insurance Co., of Atlanta, Ga., enclosed a statement concerning matters which have been published recently regarding the purchase and sale of the Mississippi Life Insurance Co., to the Southern Life Insurance Co., with the authority of its publication thru the columns of The Leader. Mr. Perry's letter to The Leader carries the same information as that released today by the Associated Negro Press, and follows: "Because of the wide, false and conflicting stories regarding the Mississippi Life transaction, I have decided to outline to you the real facts concerning the same. It was our intention, in purchasing the Mississippi Life Insurance Company, to merge it into the Standard Life Insurance Company. Representations had been made to us that the Mississippi Life had about $22,000,000.00 worth of insurance, fully $8,000,000 to 10,000,000 of which was ordinary and the balance industrial life, sick and accident. The Mississippi Life had assets of about $650,000. So confident that this was true, these figures have been given to us by one of the officers who was actively connected with the company, that in printing our calendars we added the total amount of insurance and assets of Standard and the Mississippi Life together and placed the total on our calendar. After making the purchase and going into the details, we found that the Mississippi Life had only $4,000,000 ordinary business and the bulk of the balance, sick and accident and in addition to this, the company was impaired. We also found that the officers actively in charge of the company had very serious differences existing which extended to the Home office force. After learning all of these facts and going thoroughly into the matter, we decided that the bulk of the business being sick and accident, it would not be best to merge the company with the Standard. We then decided to re-insure the small amount of ordinary business in the Standard Life and operate the other business as the Mississippi Life separately, moving the Home office to Atlanta where we could better look after the management. We found also strong opposition within the Standard Life, the general opinion being that Standard should continued as an ordinary company. We learned, too, at that time that we would have serious problem in handling the industrial company, eespecially with the limited knowledge of industrial business with particular reference to the sick and accident department and considering the personnel of those in charge of that department. Because of these conditions, especially in the impairment of the company which showed something around $50,000, we decided that it would be best to sell the industrial business and took this matter up with the officers of the North Carolina Mutual of Durham and and the Afro-American, both companies coming to Atlanta, each one being represented by five or six of the officers. I also made a trip to Durham, N. C., and discussed the matter there with their committee. Returning to Atlanta, we had another conference with the officers of the North Carolina Mutual and at the same time, we had a bid from the Southern Insurance Company of Nashville. The largest bid received from a colored organization was nearly $40,000 less than that of the Southern Insurance Company. Even with this great difference and loss to the stock holders, we decided it would be best to handle same with the colored organization, but the representative of the Mississippi Insurance Department stated that the Mississippi Insurance Department would not approve this sale with an offer of nearly $40,000 more outstanding. We then offered to pay one-half of this difference if a colored organization would make a bid equal to that of the Southern Life. Neither of the companies would consider the business unless the ordinary business was included. Taking into consideration the Standard's business so far had been placed on the books only through a very careful medical selections and the Mississippi Life, considering the wide differences in the personnel of the organization, our attention was then given to the protection of the policyholders and stockholders of the Mississippi Life. In selecting the business to the Southern Life Insurance Company, the policyholders are fully protected and the stockholders will receive approximately [illegible] whereas from $300,000 [illegible] before the sale, the company being impared, the stock was worth less than $100 per share. The Southern Life Insurance Company informed us that it is their intention to operate the Home Office Department of the Southern Life, as far the the colored business was concerned, from Memphis office with a colored personnel, Home Office employees and officers together with an Agency O[illegible] The Service Company, in buy [illegible] business and merging it into [the] Standard, had planned a greater Standard Life. The Service Company paid for 725 shares $128,000.00 cash, together with $15,000 covering the amount that had been paid by Mrs. Cox, to cover an impairment of a few years ago. When the Mississippi Life affairs are liquidated, the Service Company will receive approximately $225,000 or a profit on their investment of from $75,000 to $100,000. In the sale of the Mississippi Life the policyholders were protected; the stock holders will receive about three times or more in value for their stock when liquidation is completed and the personnel of the organization taken care of with the understanding that anyone connected with the organization who might not care to continue in the service of the new organization, would be taken care of by us and lastly, the Service Company made a profit on its investment. In view of the fact we had offered the company to the North Carolina Mutual, the Afro American and to R. R. Church, and considering [illegbile] sale as above outlined, we feel [illegible] step has been taken under [illegible] stances. The liquidation [illegible] [Mis]sissippi Life has not yet [illegible] same being held up by [illegible] of a stockholder who ow [illegible] at Jackson, Mississippi [illegible] liquidation is affected by [illegible] stockholders will be well [illegible] are satisfied with the out [illegible] dollar has been received [illegible] Service Company out of [illegible] in the Mississippi Life. I might say that the [illegible] excellent report made [illegible] 31st has no connecti[illegible] the Mississippi Life [illegible] shows Standard to [illegible] to policyholders tha[illegible] ance organizations [illegible] people. As far as [illegible] people is concerned [illegible] our past record [illegible] know us will an [illegible]
Object Description
Title | The Louisville Leader. Louisville, Kentucky, Saturday, March 22, 1924. |
Volume/Issue | Vol. 7. No. 20. |
Contributors | Cole, I. Willis (publisher) |
Description | The Louisville Leader was an African-American newspaper published from 1917 to 1950 by I. Willis Cole in Louisville, Kentucky. The first two pages of this issue have some small portions missing and large tears in them. |
Subject |
Newspapers African American newspapers |
Date Original | 1924-03-22 |
Object Type | Newspapers |
Source | Issue on Reel 1 of microfilmed Louisville Leader Collection. Item Number ULUA Leader 19240322 in the Louisville Leader Collection, University of Louisville Archives and Records Center. |
Citation Information | See http://digital.library.louisville.edu/cdm/description/collection/leader#conditions for guidance on citing this item. To cite the digital version, add its Reference URL (found by following the link in the header above the digital file) |
Collection | Louisville Leader Collection |
Collection Website | http://digital.library.louisville.edu/cdm/landingpage/collection/leader/ |
Digital Publisher | University of Louisville Archives and Records Center |
Date Digital | 2012-04-12 |
Format | application/pdf |
Ordering Information | To inquire about reproductions, permissions, or for information about prices see: http://library.louisville.edu/archives/order Please cite the Image Number when ordering. |
Image Number | ULUA Leader 19240322 |
Rating |
Description
Title | 19240322 1 |
Ordering Information | To inquire about reproductions, permissions, or for information about prices see: http://library.louisville.edu/archives/order Please cite the Image Number when ordering. |
Full Text | PARAGRAPHICS CURRENT NEWS AND OPINIONS (By X. Mabie Wright) Not For Wives Who Are Good Cooks. Charles Gilpin Again. Spanish in a Negro Paper. Mixed Casts Bugaboo. Jack Johnson. A few drops of lemon juice added to the dough when making pastry renders it more digestible. Certain husbands might call the attention of their wives to this. Gilpin of "Emperor Jones" fame is coming out again. This time in "Roseanne," a drama depicting a phase of Negro life - a section cut from real Georgia life. In this play Gilpin is supported by an all Negro cast and sustains himself as an actor of the first rank. "The Negro World," one of our 300 race papers, carries a Spanish section. We recommend it to our local Spanish class. Why so much fuss over the mixed cast that will produce "All God's Chillun Got Wings"? Mixed casts are not new. A century ago such casts played in America and Europe; and what of it? Up with the curtains and on with the play. Why pamper foolish squeamishness and impede art? Jack Johnson has not come back yet. Silly Jack; even a pugilist didn't have to slip in the slime as he did. In the realm of pugilism Jack Johnson could have made such a record for fistic prowess and gentlemanly demeanor that the race would have been eternally proud of him. Think of him winning $100000 ten years ago at Reno and $2915 in a bout with Homer Smith a few days ago. How have the mighty fallen! Pugilists, as well as other folks, have to watch out for the little foxes which destroy the vines of manhood. "In compliance with a request from the National Association of Real Estate Boards the Louisville Real Estate Board has undertaken a survey of what prices are actually being paid for residential rents in Louisville. This survey is being made in connection with a comprehensive survey being conducting by the National Association in cities over the United States and Canada. Here is one survey that tenants and the public in general can see no need of. Nobody is expecting any relief from high rents. We suppose that the National Real Estate Board has caught the "survey" fever. CLARKSDALE, MISS. Mr. A. Reed of Jackson, Miss., is the new district manager for the N. Carolina Mutual Life Insurance Co., which vacancy was made by Mr. W. L. Mason, who went to Asheville, N. C., several weeks ago for his health. Mrs. Reed comes highly recommended as a Christian gentleman. We are proud to have such people come to take up their abode with us. His family will come to our city later.--We notice two of our Clarksdale ladies have entered the Louisville Leader contest which started off last Saturday. Both these ladies have gone to work in earnest. When they meet you on the street, they talk nothing but business.--Mrs. Addie Fields died suddenly in Helena, Ark., last Wednesday, March 12th. She left here Tuesday evening for Helena looking well. Her remains were brought back here for internment. The funeral was conducted at the residence on Sunflower Avenue by Rev. W. T. Strong and was buried in Paw Paw Cemetery Friday evening, March 14. Mrs. Fields leaves quite a host of relatives and friends to mourn [illegible] loss.--Judge William Harrison, of Chicago, Ill., gave a splendid lecture at First Baptist Church Friday night last week. His subject, "The World on Trial." Everyone present gave special attention to every word spoken because it was food for thought. The crowd was not as large as it should have been for such a nable address as that which the judge delivered.--Mr. and Mrs. James Chatman, of Harrison Avenue, are the proud parents of a sweet little baby girl.--Rev. and Mrs. Clark of Harrison Avenue, are both on the sick list this week.--Mr. G. W. Gilliam, who went up to Lula, Miss., last Sunday to assist in the laying of a corner stone, took sick while there and had to be brought back home. He is much improved and says he will be out in a day or two--Mr. A. L. Nichols of Garfield place, has had a radio installed in his home for the pleasure of his family and friends. Mr. Nichols says he won't have to go to church so much now, because he can stay at home and hear preaching--Miss Annie Scott is on the sick list this week.--The Metropolitan Social Club met at the home of Mrs. A. A. Mitchell March 11. The club members enjoyed a spicy program, after which Mrs. Mitchell served refreshments. This club meets every week. Mrs. Drew Hampton is the president and Mrs. Mitchell, secretary.--Mr. J. M. Lightfoot left for Chicago this week on business--Mrs. Delia [illegible] rfleet is in the Clarksdale hos[pital] undergo an operation' We hope [illegible] to be a short while before she is [illegible] return home--Mr. P. E. Lig[illegible] Greenwood, Miss., spent a few [illegible] here last Sunday the guest of [illegible] r, Mr. J. M. Lightfoot--Mr. [illegible] Johnson of Arkansas, spent Su[day?] [illegible] ne city shaking hands with fri[illegible]-- M[illegible] Long, who recently completed [illegible] college work at Fisk University [illegible] home with his parents at 718 [illegible] BIG OPENING MONDAY DOMESTIC LIFE INSURANCE COMPANY INVITES ALL TO BEAUTIFUL HOME PROGRAM OF INSPECTION AND ENJOYMENT Elsewhere in this issue a whole page carries an advertisement of the opening of the new magnificient home of the Domestic Life and Accident Insurance Company, at the corner of 6th and Walnut Sts., Monday, March 24th from 9 A. M. to 9 P. M. The organization of this $100,000 Company, and the purchasing of such property as one of the most beautiful structures owned by Negroes anywhere, in so short a time, is one of the most remarkable business successes known to this community. Under the slogan of 'A Bigger and Better Negro Business in Louisville and Kentucky" the moving spirits of the Domestic with the full support and cooperation of every man and woman directly or indirectly connected with the company nothing has been left undone that the program might be put over, and to the satisfaction of all The Domestic official family and force moved from their old quarters at the Pythian Temple to their new quarters several days ago, but the formal opening carrying a big program of inspection, music, refreshments, souvenirs and general enjoyment was held up until a time that such a program could be perfected as would make every man, woman and child feel that they are a part and parcel of the institution; its growth and advancement. All are cordially invited to the Grand opening Monday, March 24, from 9 A. M. to 9 P. M. None can afford to miss such an elaborate program, and such a rare opportunity. THREE SHOT IN NEW ORLEANS LOVE QUARREL THE SENATE CONFIRMS WALTER L. COHEN STEALS FLOUR FOR HUNGRY FAMILY; GETS THREE YEARS MRS. ROBINSON WITH HARTLEY HOSIERY CO. Mrs. Louis E. Robinson, formerly Miss E. M. Buckner, wishes to announce that she is an agent for the Hartley Hosiery Company, located at 5th and Chestnut Streets. She will call to take orders for Spring Hosiery. If you need hosiery before she calls, please call Shawnee 4287-J. Jackson, Miss., Candidate Is Out In Front Mrs. Smith Gets Early Start In Leader's Third Big Campaign Early starts have been taken by several of the candidates in The Leader's third and last subscription campaign with the new model 6 cylinder Essex Coach as Grand Capital Premium in contest. It was just three months ago last Wednesday the 19th, that Mrs. J. L. Sanders of Clarksdale was the winner of the second Essex Coach purchased from the Triangle Motors Company, Fourth and York Streets, this city. Mrs. Sanders received her car a few days after, shipped to her from this point, and is now the happy owner of a beautiful high class automobile that she could not have secured so easily through any other medium. Mrs. Sanders started out to spend a little time, and put forth a little effort in placing in the homes of friends of her community one of their own worthy newspapers. She did this, and the results were even surprising to her. The last campaign closed with Mrs. Sanders of Clarksdale, Miss., in the lead, and the first week of the present campaign finds Mrs. W. H. Smith of Jackson, Miss., in front with Mrs. B. C[illegible] of Clarksdale, Miss. [illegible] of [Buechel?], Ky. is resting comfortably in third place. Mr. Johnson made splendid reports, as did Miss Sykes of Decatur, Ala., Miss Hallie of Shelby, Miss., Mrs. Moss of Glasgow, Ky., Mr. Lunceford of Nashville, Tenn., and Mrs. Moore of Louisville, KY. Others will get in the battle of ballots next week. Watch! The number of votes reported and the standing at the close Wednesday are found on page 8. DROPS DEAD AFTER VISIT TO SICK FRIEND Mr. A. R. Norris of the Crescent Hill Ice Comfany spoke to the business men at their weekly luncheon at the Hotel Walnut last Wednesday. The men are invited to the Y. M. C. A. tomorrow (Sunday) at 4 o'clock, and will be t he guests of the Antioch Baptist Church of which Rev. G. F. Watson is pastor. All members of the association, and all business men and women of the city, and the public are invited to the "Y" Sunday afternoon and at Antioch Thursday night. JAMES' STATEMENTS PLEASE OFFICIALS "Very Fair And Impartial," Their Opinion Of State Examiner's Report In the statement published here, the officers and directors of the Kentucky Home Society for Colored Children, make it known that they are pleased with the report of the affairs of the Home by State Inspecter and Examiner Henry E. James last week. The statement from the officials of the Home, who regard the report at fair and impartial follows: "The inspection and examination covered every transaction of the institution, which revealed economy on the part of the management, splendid care of the children and excellent cleanliness of the institution, the record and bookkeeping were highly complimented. There are two suggestions that Mr. James touched upon, and advises the management of the institution to adopt. To refuse admission to mentally defected children, or in other words, such children as are not suitable candidates for home placement. The State of Kentucky makes no appropriation for the incurable child or infant, and no provision for the feeble-minded colored child. A number of these children have been brought to the institution, not because [illegible] but that they are without visible means of support. (Continued on page 8) Poston Dies as Ship Nears Home ROBERT L. POSTON DIES AT SEA NEAR HOME The death of Mr. Robt. L. Poston, brilliant young Kentuckian, who was Secretary General of the Universal Negro Improvement Association, with headquarters in New York, is a shock to his many friends in Louisville, and all those who knew him. Mr. Poston died at 5 o'clock Sunday morning, March 16, on board the S. S. President Roosevelt, twenty-four hours out of New York, after a brief illness of picural pneumonia, the result of a contracted at sea ten days from Liberia en route to the United States, was the cause of his death. At his bedside when death were the ship's doctor, Miss Henrietta Vinton Davis, Fourth Assistant President General, Mr. Milton con Lowe, member of the delegation to the inauguration of the President of Liberia of which Mr. Poston was chairman. Remains Brought Thru City Yesterday The remains of Mr. Poston were brought htru Louisville en route to his home in Hopkinsville over the Pan American yesterday at 11:45, accompanied by his widow, to whom he was married just six weeks before sailing for Africa. Mr. G. Emonia Carter was president of the New York branch of the U. N. I. A., and his brother, Mr. U. G. Poston. Funeral services will be held tomorrow afternoon at 3 o'slodk. Mr. Poston made several speeches in Louisville last year, and made a wonderful impression on the home folks. At 34 years he was one of the most brilliant leaders in the race. Mr. Marcus Garvey, President General of the U. N. I. A. pays a fine tribute to Mr. Poston in this week's issue of the Negro World. PERRY BREAKS SILENCE GIVES HIS SIDE OF STORY OF SALE OF MISSISSIPPI TO SOUTHERN COLORED COMPANIES GIVEN CHANGE TO BUY With a response to a letter from the editor of The Leader, the president of the Standard Life Insurance Co., of Atlanta, Ga., enclosed a statement concerning matters which have been published recently regarding the purchase and sale of the Mississippi Life Insurance Co., to the Southern Life Insurance Co., with the authority of its publication thru the columns of The Leader. Mr. Perry's letter to The Leader carries the same information as that released today by the Associated Negro Press, and follows: "Because of the wide, false and conflicting stories regarding the Mississippi Life transaction, I have decided to outline to you the real facts concerning the same. It was our intention, in purchasing the Mississippi Life Insurance Company, to merge it into the Standard Life Insurance Company. Representations had been made to us that the Mississippi Life had about $22,000,000.00 worth of insurance, fully $8,000,000 to 10,000,000 of which was ordinary and the balance industrial life, sick and accident. The Mississippi Life had assets of about $650,000. So confident that this was true, these figures have been given to us by one of the officers who was actively connected with the company, that in printing our calendars we added the total amount of insurance and assets of Standard and the Mississippi Life together and placed the total on our calendar. After making the purchase and going into the details, we found that the Mississippi Life had only $4,000,000 ordinary business and the bulk of the balance, sick and accident and in addition to this, the company was impaired. We also found that the officers actively in charge of the company had very serious differences existing which extended to the Home office force. After learning all of these facts and going thoroughly into the matter, we decided that the bulk of the business being sick and accident, it would not be best to merge the company with the Standard. We then decided to re-insure the small amount of ordinary business in the Standard Life and operate the other business as the Mississippi Life separately, moving the Home office to Atlanta where we could better look after the management. We found also strong opposition within the Standard Life, the general opinion being that Standard should continued as an ordinary company. We learned, too, at that time that we would have serious problem in handling the industrial company, eespecially with the limited knowledge of industrial business with particular reference to the sick and accident department and considering the personnel of those in charge of that department. Because of these conditions, especially in the impairment of the company which showed something around $50,000, we decided that it would be best to sell the industrial business and took this matter up with the officers of the North Carolina Mutual of Durham and and the Afro-American, both companies coming to Atlanta, each one being represented by five or six of the officers. I also made a trip to Durham, N. C., and discussed the matter there with their committee. Returning to Atlanta, we had another conference with the officers of the North Carolina Mutual and at the same time, we had a bid from the Southern Insurance Company of Nashville. The largest bid received from a colored organization was nearly $40,000 less than that of the Southern Insurance Company. Even with this great difference and loss to the stock holders, we decided it would be best to handle same with the colored organization, but the representative of the Mississippi Insurance Department stated that the Mississippi Insurance Department would not approve this sale with an offer of nearly $40,000 more outstanding. We then offered to pay one-half of this difference if a colored organization would make a bid equal to that of the Southern Life. Neither of the companies would consider the business unless the ordinary business was included. Taking into consideration the Standard's business so far had been placed on the books only through a very careful medical selections and the Mississippi Life, considering the wide differences in the personnel of the organization, our attention was then given to the protection of the policyholders and stockholders of the Mississippi Life. In selecting the business to the Southern Life Insurance Company, the policyholders are fully protected and the stockholders will receive approximately [illegible] whereas from $300,000 [illegible] before the sale, the company being impared, the stock was worth less than $100 per share. The Southern Life Insurance Company informed us that it is their intention to operate the Home Office Department of the Southern Life, as far the the colored business was concerned, from Memphis office with a colored personnel, Home Office employees and officers together with an Agency O[illegible] The Service Company, in buy [illegible] business and merging it into [the] Standard, had planned a greater Standard Life. The Service Company paid for 725 shares $128,000.00 cash, together with $15,000 covering the amount that had been paid by Mrs. Cox, to cover an impairment of a few years ago. When the Mississippi Life affairs are liquidated, the Service Company will receive approximately $225,000 or a profit on their investment of from $75,000 to $100,000. In the sale of the Mississippi Life the policyholders were protected; the stock holders will receive about three times or more in value for their stock when liquidation is completed and the personnel of the organization taken care of with the understanding that anyone connected with the organization who might not care to continue in the service of the new organization, would be taken care of by us and lastly, the Service Company made a profit on its investment. In view of the fact we had offered the company to the North Carolina Mutual, the Afro American and to R. R. Church, and considering [illegbile] sale as above outlined, we feel [illegible] step has been taken under [illegible] stances. The liquidation [illegible] [Mis]sissippi Life has not yet [illegible] same being held up by [illegible] of a stockholder who ow [illegible] at Jackson, Mississippi [illegible] liquidation is affected by [illegible] stockholders will be well [illegible] are satisfied with the out [illegible] dollar has been received [illegible] Service Company out of [illegible] in the Mississippi Life. I might say that the [illegible] excellent report made [illegible] 31st has no connecti[illegible] the Mississippi Life [illegible] shows Standard to [illegible] to policyholders tha[illegible] ance organizations [illegible] people. As far as [illegible] people is concerned [illegible] our past record [illegible] know us will an [illegible] |
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