| Show MORTON WANTS TO KNOW FACTS Epert Acc 4 to Go xo Over Books BE COMPLETE ALL THE T IONS WILL VILL BE ew W York JUto Juie new nev an Im lr of the affairs ot of ott t to Life MUranCe soot ty 1 F to be bemi at once Paul Moton Meton t elected chaIrman of the thel 1 l ard ar of directors wants to know ex exU U how things are with the society all a 1 as Price Water Vater lu ii U Co and Ha Sells char chartr V tr red accountants working together to tot t every detail of the work In and nd r relations or Ef the society The he totter letter s sent nt bY Mr Morton to tb the employed d jg is as fellows Dear chairman ln or of the er f the ut LICe Assurance society I want to know the exact condItion ot of otti ti I Bodt on June 19 10 19 the lh date daten e my n electon t on as s chairman With that end d In view you Ol III pleSSe make c j 11 tn an examination of the th tho accounts o he You Yom will bave access tr tn II books and recordS record Complete Report Desired r 1 dere that your r report port shOuld be bea a and as po pos pee peeS s should be beIJ beI I IJ t aK ascertaining the upon t 1 s su sub J ctr c Fn FJ t The annual OX cx 1 including legal expenses uj IId tiRing s agency e expenses i 1 t of oC securing k real estate investments th including in the case f a h parcel the at atT T it is carried upon the brinks bOOks of oft tp t P the Income which it yields t II d the h fall fair of the property V Iter above or below the value at v h it Is carried upon the books of ef ti sC ety It If necessary re real 1 tS ma may be emploYed in ertain j ig g thc th value and Income of the real subject of course to my ap apas 10 d as to men and terms Character of Investments Thir other Investments or of ort ofU t U r oIE ty their character and d the under which they b have ve b made surplus arid and ti t in which It is carried upon i r books boks ot the society methods of keeping the f 1 f ys accounts and the r peets in 1 iHli Its accounting may be im ha relations behn between en the thet so sot t and ad the trust companies banks r rp deposit comp nies and other in lS with ith which the society is d by ownership of bounts or of stock or otherwise In 11 c as ase of every corporation in which tt has bas a 01 tnt t nt Interest or with ith which the so sot sol l it t has special relations the owner ovner ownerS S p p of tock stock other than that owned b by byi i 1 r should be ascertained so far fKr farJ j l 1 bIe 5 Frick Report to B Be Gone Over subjects covered by tb iN of tM the in com coin L i itt If which Mr Frick was Ws chair chairE n E Jl 1 hould bt be tun fully bw Investigated n the report of the New Tork u ot of insurance has bas br b IL made that report should be care esre studied and every Ver covered b it t or b by the recommendations of oft t C should be carefully examined Tie The fore foregoing u are arc not it to limit th scope KOpe of your in inquiries whIch should De be as broad all as 11 1 I be n ry lit ft to ascer tr the precise of oC the affairs airs cr c the society I shall from time to tile designate other subjects which fm to can call for special Investigation It 1 is important for all c concerned ti tt your investigation invest should be nt as as possible ible and andu U will accordingly y inaugurate it at t tl l nd ca carry it forward with aU all k vigor u |
