Show SMALL LIFE INSURANCE CO new yolk dec 19 henry P townsey Tow president of the life association of america resumed his testimony the armstrong insurance commission today he said that when hl company started business as a stock company it had in its treasury which was all obtained from the sale of stock president sley received a salary of the treasurer the medical director and the general counsel C W townsley a son ot the president Is the secretary and acts as a general agent he rec elres no salary but receive commissions which amounted lost year to the medical director 1 george G van Sc baack a brother ot the general counsel who with the witness organized the company |