| Show TIlE THE HEW YORK LIFE IGNORES SUSPENSION ORDER Ht HI Nov No Notwithstanding Stat of lit f last night Lilly the time h hv v ut at tty of time tile New NII w York In Jim sum inca company under which It U wi will 1111 ll to tt S In Ml II It U wets wnM stated slated at Ih the St IR 1 of ot f th the I Ill company In III Ini i lien that thul no imo attention was wal being to 10 the order older Th rh rime private secretary lit cit if Hamilton Couke Inspector of ut agen agencies sire lei who KM Id 1 that he hI wa was empowered to speak k tom for f MI Mr Cooke said to 1 the PressIe Press s sWe W We Ie sire are doing business at the old oll stand land Ian We are aie soliciting Insurance just nil as energetically II UK as we e ever did und and we ue are going lolli to continue to 10 do so 10 Thu Thirty thousand Missouri Cr ers In the tho New York Life Ute with estimated mitsui Insurance amounting to nn on the Ibe basis baal of or an aim average of U 2 00 In the polities policies held In III the state stale are aret t lying to figure the Ihl ultimate effect of ot Commissioner action In amos sus suspending pending tIme the I charter of nt the company It la Is believed II by mommy Hi tit Louisiana In the time f that the coin lUm missioner the from maintaining In the state to look bolt after business already on It Its I books book but that thal the enforcement of his hili order would make It for Cor the tho com corn pany to solicit oi om record uny new busineSs In the state nON Jefferson etty ity Mo Nov S State Supt of Insurance today gave ae out the following Interpretation of ot his order concerning the Ne New York Life Ilfe In Insurance company I hll have that It has haslIe lIe l effect 1 whatever or except on the writ writing In lug ing of or new II policies The Ille company has hams never been compelled to tn keep nn on office In Missouri for the transaction of ot Its business with tho the Missouri er fM era but hoe has done so 10 n ns aim a 1 matter of con convenience and there I Is nothing In this order of suspension to In keep Ipp them from It still till III doing doln in A reful rending of ot my order mind and of ot the time ct at t shows ahova that It refers to writing of life insurance amud not to tu collection of If f rl renewal I premi premiums or 01 un any other kind klud ml business It U refers reids to the writing of or new business simply this thill and nothing more morl It may maylie mayIe lie Ie added also aillo m I 11 the ord order r I Is tor Cor or suspension and not absolute reo revocation atlon the company may yet It comply with the requirements at al mn time limos It II chooses to todo todo todo do so 10 and of tours course in thud that event the would h be he vacated |
