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) advanitage of the fect nomber of the biggest Who have Geen workin higher market ieft the aity Thor: for the balance of the to bring about a fall ‘They at first concentrat saisasé BEEREEERE 2 } EF Tl if i be in 4 more oF lem ‘terbnical market position, Chief BREGGEEEGE Sorhat a 7m %| manor ea again Weed «+ 2% convincing evidence that ite Yew we + | polter, for absorbing asles has ma- | {ewon® et terfally increased and that the line’) 4u, mim at a x Teast resistance is upward. 4a, Quit ou —1 tie time Studebaker and Good- pn ge s- % | rich showed losses of about two po Wage mg S «a o in compared with tte close of |msn, & 4 a | 4] mday, Sears-Roebaok "a Joss or nearly @¥e goimts and gold | Bem Mote. a 1 | &t a new low mark for the yet. Mex- | nite Gap Tn ale a & : Ps Petroleum and Baldwin went| Gram Geai..... +~% @ point of tore But the rest | Same ee at of the market refused to bs perturbed | Rae Op & Hae. Be if by the end of the first hour bears | oar Packing. ore : ; forced to suspend operations. | Oalit Petco, eo +% mute: imamvedintely reltled | mua Conde 108 $08 sharply. Not only did Studebaker | Gosia) Leather ox % revover its early loss, but at the end | Cent Leather so —1% of the day was able to show a small |Owre De 7d deny %— % B+ % 20% = aio rallied sharply, and the steels, 7 2 tails and equipments all took on a ae = | decidedly firm tone. - a ‘Mere was little news of conse- a « a over = Holiday to big oed 2 2 ‘ ‘ket, ‘trading to-day was mas © dlmoat entirely profemsionmal. “Phe outy [Ot Sus Se. Ore reel of real Hquidation was 18} ay Gus a eu % Seurs-Rocbuck. There has been | nut ‘Paxtite. 1% m4 + % steady selling of thie isewue by West~| o' tutertil Min, 5% mu + % erh wire houses, and it is the oom-| Co candy. rt} Pipa of opinion that dividend! Gosten Of... 2% n+ Mtoe Com Predecta. 1. 76% 10% + % Crucible Sted. 90% m+ to develop rallying power Cubs Cave Samar. 23% 2% the last hour, when the rest of MiebMaam. 2 2 q list Was stromrest. ‘| Outen tier Sugar. ms + % In their early operations to-day |Dm & Ric Grmde w+ % ‘Dears endeavored to make capital out | Den Gr 1% of ris put in wide circulation that | Dome sa —% the stateriants would make @}fimom Om . a + % showing and would foreshadow | Rodicett-Johnecs ay — % ts call m: rates. In so far a8) Ero ist of wn + % oe: statement of Clearing louse in- | humow: Phyes 1% + % : tons was Concerned the contrary | Yamow Players oO +h ae the case. tong Sages 6 DANKs | Fisher Body m4 +e an inerease reserves of | Fisk Rutoer we + % 0 and @ decrearé in loans of|Gen sathalt ay -% 000, Exdese reserves now |Gatoa WU & 1% at $7,661,000. Poreign ex Geneet Cher . on —~ B were firm, with demand ster-[Gonem) Mouric 106 = tag being quoted at $3.91 1-4, General Motor “4% shes ee Gen Meter of mo + Gen Motor Te -% + Goodrtets o~ Gray de 6% — if ! LIBERTY BONDS. Liberty Ist 41-48 opened 87.48; 24, , 90.98, up .08; 4th, Victory 43-46, 144, At noon, sterling dem, 3.911. i i oft .02; 5? fe FPETETE ra aseee eR BE i " i i DIVIDENDS. Austin, Nichole & Co. declared the |" regular quarterly 13-4 per cent. pre- ferred dividend, payable May 1 to ‘a a record April 16. ‘ e ra Freducts Retin ‘Com- declared an extra dividend of eents in addition to the regular quarterly dividend of $1 on the com- mon Payable April 20 to stock of fecord t aii ransue & ‘Williams Steel tion declared a quarterly |New Yor dividend of $1 @ share, pa: April | New Tor ‘15 to stock of repord April 6, Thia|® ¥. Ont represents a reduction of 50 cents| Xoritiem Pacific .. M@uarterly, ‘Three months ago the| Nore Gootia Sted. ¢ompany declared a quarterly divi- bry oa. dehd of $1.50. Pan<hener Pean BB. -CRONKHITE FRIEND, |! 38-2 SAY$ ROSENBLUTH | w=": tw: Philadel Company, Vrulltios Petrol. Pierce Amwow. Pierce ll. . Pittwvuras Coal. Pacitie Ol tw. 4), Prisoner in Tombs Asserts Inno- wence—Ready to Go West and , Face Charge. Pullman Come. Punta Aleg Sugar. Mobert Rosenbluth, formetly Cap-| pur om . . ‘tain of Company D, 218th Engineers, Lae cal is stl in th®-Tombs to-day pending | f ep Iron & Sitwel, Federal proceedings for his removal to| Royst Dutch N Y. | Beattic, Wash. for trial in connection|®& L & Ban Fre with the death of Major Alexander P,|% + & Sewer. Cronkhite at Camp Lewis, Wash, In| Suid sae 191 An application for the release of Rosenbluth on bail was adjourned by United States Commisstoner Hitch- eock until next Tuesday. Rosenbluth has declared his will- ingens to pe Seattle at his own | expense. He says Major Cronkhite : " ‘Was bis best friend and the charge is 3 per cent, mistake.” ” fore the Board of Inquiry n «: ; uth testified Major Cronkhite ac : léntally shot himself target ‘s peentice Recently Roland R. Poth- 4 4 ho had the easore crrety Sergeant, admitt e had accident- ally Gired the fatal shot ted ow TAKES WALK, SAVES When Crap Game Victor He ¥' Robert Sanders, nineteen, ¢le: were arraigned robbery by Detectives Smyth Abraham Dickenson of No, wed With Thett of swenters.| Fourth Street. jomas Dunna, No, 199 Avenue A, No. #16 Kast 41h | last night im which the two to-day in Mor? charged with stealin tives Noting his hal! light grin Be sd Lied Davi rom he poturncd early Be a » of eo a suspecting inns on Ly them was at sami lek es thought his health OE No. $00" Beat, 430 a An whe B35 5582529" 28H EF $5p52E5E-7 233% aaceqe ffs... it Fi ? Ll++et Zo evesee serede scarce Fe bb+ete Fre “Fe PEtLPL Leite eet Fetereer + Lbleit+ eretee were Seesese Fer RE SES $300. ‘Twe “#riends” Arrested rk of No. 212 Henry Street, and Joseph Goldstein, twenty-five, of No, 146 Forsyth Street, to-day in the Bssex Market Court charged with attempted and Me- Ke of the Fifth Street Station, who ‘aid they had admitted planning to rob 168 Bast Dickenson won $300 in @ crap game prisoners “went broke,” according to the detec was out morning, winnin, requ when he ré- found hn ? i iff I rite si? i | Heat aft? F aq ze iti : F H i 1000 *Caled Mining 1200 *Candelaria Mf 100 Con Virginie 3600 "Cores Silver 5 Weat End 0 ., 1000 *White Cape 1000 *Wilbert 61000 Chi Kast LL Se. 31000 Cons Gas Be. 2000 Grand Trunk 6% 80000 Gulf Ot ts 4000 Mumbie Oil ts 1000 Kenneots © 11 1000 TAgxett Myers 6s. 4900 Ohio Citine Te 23. t+ LHL Fe lero ibe ret biee eeett +1 + seers” eessece” ss = 1% * % * % . Last, a 4 31% | who wrote the polictes and the of- 2 “ 21% 3% * 4 ™ % TRIGK POLICIES HIT OLD MEN INSURED IN ‘BINGHAMTON CONCERN (Continued From Third Page.) Equitable and other big concerns. Article 10 was repealed in 1899, Immediately after the passage of articlé 10 the Seeurity Mutnal turned loose in the metropolitan district &® swarm of skilled agents wader the leadership of Moton D. Moss who had been connected with the Mutual Reserve. These agents made 4 specialty of soliciting men of mid- die age who would have to pay high remiums in the old fine companies, ‘hey wrote @ vast amount of insur- ance on the representation that the Security Mutual, being located in a small city and managed by men of supreme executive ability, was able fo operate mach more cconomieally than the big metropolitan. companies and was im position to write insur- ance at a low cogt. ‘hé Even ‘ortd i# in possession Of one of the policies issued at that time. It is dated Noy. 18, 1898 and was taken by a professional man, forty-sevom years old. It is for $3,000 and the stipulated premium fs $43.98, payable semi-annually. A copy of the application signed the poliey holder Sppears In the bony of the policy. Among the questions asked and answered is the a ‘Q. Kind of policy desired? A. Ordinary Lif |New many faith evening at appearance a capacity and cheer ludes” and building he The Phil guided by sion, Maurice B: his intonati On page two of the policy is @ foot- note ey “Ordinary Life, Form Now there is but one interpretation of an “ordinary lif 1 im the life tnsurance world. It is that the policy holder is to pay to the eom- pany a certain premium annually or semi-annually, such payments to con- tinue until his death, when his heirs are to receive the full amount of the policy. The footnote establishes that the Security Mutual in July, 1998, or- dered from the pritter 1,000 copies of this form of policy. The holders of these policies be- lieved, of course, that they had, re- ceived what they-applied for. The policies were written in the home of- fice and it was plain to the clerks | it nights, made no happier impression} this time than before. ficers of the company who signed them that the applicants had asked fot “ordmmary life” insurance. It now appears that the directors of the company, back in 1899 or 1900, decided that these policies were not “ordmary life’ policies having a fixed value, but contracts renewable yearly and subject to fluctuating joms and values. But the policy ders were not notified of this ac- tion until March 1 of this year. The Evening World made inquiries of the State Insurance Department and was informed, in effect, that the policy. holders have no rights. The offieifl to whom the inquiry was re- ferred pointed to article 10 of the insurance laws, which was in force when the policies were written but was subsequently repealed. Out of this law the company culled the fol- jowing “joker,” which was inserted the policy under the head of “Re. quirements. Privileges and Provi- sions" om Page 2. SECOND—This policy is issued subject to the privileges and re- quirements of Artiele X. of the Insurance Laws of the Stare of New York, which provides that a reserve fund shall be accumulated and at all times maintained equal to one net premium at the at- tamed age of the insured as coms , puted by the Combined Expert®_ ence Or Actuaries’ Tate of Mor- tality and 4 per cent. interest. Should the reserve fund be a any time reduced to less than the amount so computed (by direction of the Superintendent of Insur- ance) the insurance shall re- duced to such an amount as will make the reserve to tho credit of this policy equal said net pr mium on the insvrance in fore or at the option of the insured the deficiency may be made good, The crux of the matter fs thi The company now claims that» the premiums charged for these policies was not sufficient to carry them at the same time create a reserve re- quired by law. But the actuarial tables in 1898 were exactly the same @s they are now. Every capable tn- surance man knew in 1899, just as well aa he knows now, what premium should be asked for a policy issued in a certain sum to an applicant of a certain oe: The officers of the Security Mutual should acto known that the premium they exacteg would not be sufficient to carry the Policy to the limit of life expectation of the insured and at the game time earn a reserve, The offi- cials of the State Insurance Depart- ment should have known this also. It waa the duty of the State Insurance Department to prohibit the issuance of these policies. But if, through inconceivable igno- rance on the part of the officers of the company and the State Insurance Department, these pollc! were is- sued in good faith, the insured should have begn notified that a mistake had Deen made as soon as the mistake was apparent. This would have en- abled the insured to spread thevextra premium burden over a term of years. The holder of the policy in the pos. session of The Evening World, who has already paid in $2,013 to the company, has been notified that he must pay $110 on or before March 31 or the face value of his policy will be reduced from $3,000 to $1,083. He pald his last semi-annual ‘premium , 1920, and the terms of his him to belteve that thi would carry $3,000 insurance for six months, or until May 18 next. ‘There is Do guarantee that an extra payment will not be required next year and in succeeding years; there- fore, if the unfortunate policy holder, unable to pay the extra premium, continues, in desperation, to pay his old premium for a few years more, his entiré insurance wil! be wiped out and the company will have collectéd from him something like $2500, The World’s Advertisements | Are Read in South America || Santiago, Feb. 20, 1921. Model Poultry Supply Co., 39 Barclay Stree! New York City Gentlemen; Will you please mail me your catalogue. Read your advert- isement in N.¥. World. Very respectfully, From “P: Jew" lay th Metrepolitan Opera management yes- terday. Th custom, was given over to the sing- Mengelberg Wins in Last Concert William Mengelberg’s farewell eon- cert with the National Symphony Or- ehestra, upon which he has spent so waited until the Dutch Jeader’s final seized its opportunity again to stand Mengelberg’s touch he gives to Lisats “Les Pre- sisted by the most staid gathering. baton through a Wagner programme ig the afternoon, The selections were familiar and well suited to the occa- Mr. Lembagh once more employ- ing his familiar gestures in the title role and florence Easton as the | THE EVENING WORLD, SATURDAY, MARCH 26, 19% soloists, consist of El York Cheers chorus amd the Orchestra. ner pro} brated ful hours, took place last Carnegie Hall. New York two to compliment him with audience. It found and and the night was Mr. |Tosch, own, ‘The dramatic festival chorus the demonstration of tone |Symphon; makes are not to be re- harmonic Orehestia ‘was Mr. Stransky’s fluent { Ten weeks | Poldo Mugnone, rown, a young His tone is good and jon especially accurate. arsifal” to “The Polish ¢ Good Friday path of the Theatre. “Aida.” Inc. It was its fte " rding te @ afternoon, according to} tae neame or ing of the Wagnerian festival drama, enh, arrived are Iva prano; Niny Kundry. In the last act particularly | vallini, tenor; Mme, Easton rose to heights of| tenor; beauty. The Amfortae was again Mr. Whitehill; he is at his best in this) tragic portrayal. Mr. Gustafson came into the cast as Titurel. “The Polish Jew,’ many reque be kept worst has already. large way Mme. Delaunois as his daughter and Mme. Howard his wife. doubt, the por peasant’s nightmare! Martino Mr. small but mainder of As before, the audience took greater t in “The Secret of Suzanne. delight which followed, quisitely performed by Miss Bori and as to the rights of the policy holders | Mr. Seotti. MUSIC A. speciat of the Eme: ropolitan O: the twentieth week of the season Monday afternoon. It will consist of four acts from four ginateee genta: The second Seville,’ “IT Trovato: “Carmen” Whitehill Messrs. Hal evening; Friday eve Ananjan. At to-moti Scotney, A: Delaunois, and Martin: tra will Richard Ha, of which W: ists. Mr. Caupolican sang his the first act of “Pagliacci,” the first scene of the fourth act of and Martino. heme” will be sung at a special mati- nee on Friday by Miss Bori and Martino. Other operas next week will be: “L’Amore dei tre Re,” Monday “Madama Butterfly” Saturday "matinee populag prices Saturday evening with Mmes. Farrar, Howard and Egener and Messrs. Crimi, Messrs. Hackett, Amato, Werrenrath be under the direction of ‘The Oratorio Society of New York, ductor, announces the complete pro- gramme for the music festival com- mencing March 29 in the Manhattan Opera House. First concert, Tuesday evening, will be Pierne’s with the Oratorio Society chorus, 606 school children's voices, and the Nety York Symphony Orchestra and solo- Second concert, Wednesday evening, will be given to Bach's “St. Matthew Passion,” with a double festival chorus, night will be Ordognez. repeated despite sts from subscribers that clear of their particular] last concert of However, the ably been said of it at “Oberon” overt through it again, with minor, Hence, no had Mr. Gustatson's dramatic role. The re- the cast was unchanged.| of condictor 0 certs, His and which was ex- Tuesday afterne overture to FOR NEXT WEEK. matinee for the benefit rgency Fund fo the Met- pera Company will open tersingers,” the act of “The r of re’ and the second act of with Farrar, Harrold, ‘La Ho- operatic choral ckett, Amato, Picco and recitals. Nina afternoon; on|Easter concert evening Rigoletto” on ; “Lohengrin” on | makes his final ning; “The Blue Bird,” and Zaza" at/|evening. For Monday, de Luca and Harold Morris, fat night's concert Mmes. xman, Harvard, Arden, Bradley and Lenska and io Wilh sine: The orches- geman. gie Hall. alter Damrosch is the con- Hall, pianist, is there Friday, “Children’s _Crysade.” recital there. voted to Lhevii ens, mezzo, ning, Third concert, Fourth concert, noon, will be devoted to a Bach-Wag- me, ich choir of Bethlehem wil! unite with the Oratorio Society chorus and the New York 6ymphony Orches- tra. ‘The soloists will be Florence Eas- ton and Clarence Whitehill. The New York Symphony Orchestra will play Bach compositions. Part two of this programme wi! consist of Wag- her selections in which the Oratorio Society and the Bach Choir wili unite under the direction of Walter Dam- In the evening, at Acolian Hall,| Performances in all, 7! ‘The season of Italian opera has been planned and is being carried out by the Italian Lyric Federation, Augusto Ordognez, bariton Amleto Barbieri, baritone. the first night will be sung by Pacetti, Frascani, Caprara, Barbieri. cast for “Gioconda” Brahms's Second Symphony major and a group of excerpts from Wagner—the prelude to “The Mas- double orchestra, a boys’ choir and New York Symphony Saturday after- in which the cele- Fifth concert, Saturday evenine Requiem, with the and the New York y Orchestra, under the direc- tion of Walter Damrosch. Margaret Anglin’s dramatic produc- tion of the “Iphigenia in Aulis’ of Euripkies, with incidental music com- posed by Walter Damrosch, will close the festival with two performances, Thursday evening and Friday after- noon, April 7 and &, of Italian grand from Italy itself, conducted Dy Lace protege of Verdi, fifty forty at the xington Theatre, and ten at the ‘cellist, | Academy ot Music, Brooklyn, will be- made @ very favorable impression at/gin Thursday night at the Lexington his first recital. premiere opera is plan to bring the fa- mous Mugnone to New York, and this season of Itali ee opera from Italy the" many projects It ‘has in view, Fg ed ge singers just Pacefti, dramatic so- ni, mezz0-soprant Amando Caprara, tenor; Fausto Ca- Gastano Tommasini, “Aida In the on the second Pacetti, Tommasini, The Philharmonic Society gives the its New York season Sunday afternoon at Carnegie Hall. Stransky will conduct the orchestra in @ request programme including the ure of Weber, Schu- dert’s “Unfinished” symphony in B the “Scheherazade” Rimsky - Korsakoft Prelude to “The Mastersingers.” suite of and Wagner's Artur Bodanzky resumes the post f the National Sym- phony for the remainder of its con- first concerts are sched- uled to be given Monday evéning and pon. ‘The programme comprises Weber's “Der Freischuetz," in D Forest Murmurs from “Siegfried,” Siegfried’s. Rhine Jour- ney from “Dusk of the Gods” and the “Rienzi” overture, At the concert in Carnegie Hall ou next Friday afternoon Rudolph Ganz will be the soloist, playing Tchaikov- sky's concerto in B flat minor. Scattered among this wealth of and orchestral music will be the customary concerts and Koshetz, Russian so- prano, sings in Town Hall to-morrow Pietro A. Yon gives an of organ music in Aeolian, and Titta Fvffo, baritone, concert appearance of the season at the Hippodrome in the Marion Chapin, so- Prano, and Helen Tas, violinist, are scheduled to appear at Ac: ian Hall composer-pianist, wilt play a programme of his own compo- sitions at Aeolian Tuesday afternoon, and the Letz Quartet will close its season there with a concert evening. Also on Tuesday evening the National ,Association of with an énsemble’ of sixty harpists, will give an entertainment in Carne- ‘Thursday, Lucille Oliver makes her piano debut at Aeolian afternoon, and Leon Sampaix, in the Harpists, in the evening. Mme. Yvette Guilbert gives a recital in the 39th Street Theatre on Thursday. Edna sings for the first time in Aeolian, and Carolyn Carre also gives a song Gardner, soprano, Saturday will be de- inne’s piano recital in Sarnegie Hall, afternoon; Clara Clem- in Aeolian, and to Mishel Piastro, violinist, eve- afternvon, AMUSEMENTS. » YANKEE IN -KING ARTHUR'S COURT” SELWY AMUSEMENTS. LAUGHS SUCH AS WERE NEVER BEFORE HEARD IN ANY THEATRE AT EACH SHOWING OF WILLIAM FOX’S “A CONNECTICUT THEATRE TWICE W. 42d St. TODAY Friday eveninig, wit! 's sacred cantata “The Dream of Gerontius,” with the festival Cc sy All seats on COMMENCING HARRY! af a ss oon, 4 Javerite comedians, Higoars dancers, and Neder boaaeal kart PACKED ALL THE TIME aineaoha? Rattling good shows—Low 5 FOLLIES ie DAY prices. ale at the box offi MONDAY AFTERNOON, zooP/ WELSH ~L AMUSEMENTS. CRITERION INNIN ADOLP TUKOL MADE Tact and VERY E painted lady of Thrums million hearts. RIVOLI ary Continuous Noon to 11.30 P.M. Beginning Tomorrow Bebe Daniels in “DUCKS and DRAKES” A Realart Picture Mermaid Comedy ‘Moonshir.~’ RIVOLI CONCERT ORCHESTRA Frederick Stahlberg and Joseph Littau Conducting Last To-day: WALLACE REID THE LOVE SPECIAL,” SiR JAMES M.BARRIE'S “SENTIMENTAL TOMMY ” CRITERIO EATRES UNDER DIRECTION OF HUGO RIESENFELD BROADWA AT 44 5ST. presents HUGHES AFERRO MAY MEAVOY , dawn was to Tommy a rose-colored glory. Every day a golden adventure. For in nis world of dreams he thought himself a knight ot olden times, and treated even the like a queen, And the lonely little lass who called this woman “mother,” and wanted so hard to be re- spectable. Imagine what she thought of Tommy! If you would call your old dreams back ~ gain, see on the screen this story that has thrilled a BEGINNI TOMOR RI HA mm | __ AMUSEMENTS, _ TOMORROW /@ OP ara Oil x @Picture = == THEATRE BAY at 4.457, ALTO Beginning Tomorrow AM S. “THE WHISTLE” A Paramount Picture Seaeiaeee™ methine ibs ais sh ™% eee tad NG ROW. Times Square T Christie Comedy “(Movie Mad’’ FAMOUS RIALTO ORCHESTRA Hugo Riesenfeld and Lion Vanderheim, Conducti inom, , m Tu-day: “Fatty” ARBU TIE DOLLAR A YEAR MAN, IN TWICE irted Ai 3 Steel Gi mi Acti nate ints, Congress of Freaks; Gigantic Zoo. ONLY GORILLA IN CAPTIVITY AMERICA’S 10 TIMES BIGGEST CIRCUS Fas.\ od ER U 15815 DOO} and Most Sensational Wild re ADMISSION with J] in to Br Children under prices to, all ra " (NO ADVANCE IN’ PI Gimbel Bros, RH. nel 800. to {WAI TAX, INCLUDED). ft yerything, $3.00 matinees, except + to $1.10 seats and Braneh ‘Ticket Offloes over. 'RICES), . Macy & Ca, DANCING ACADEMIES. DANCING CARNIVAL Formerly at Grand Central Palace, NOW AT ST. NICHOLAS RINK 66th Street, near Broadway 3 Lessons ( ) 30c Not necessary to take lessons, Lady Floor Manager will introduce you to suitable partner for danc- ing. Learn to dance at this popu- lar institution. Individual Lastruction ROLLER SKATING ST. NICHOLAS RINK 66th ST., NEAR BROADWAY Competent Lactrostars to Teach You How to Skate. 50c Per Lesson Two Sessions Daily, including Sundays, 2 to 5 P. M. Evenings, 7.30 to 11. Skating on Ground Floor Dancing Carnival on 2d Floor DANCING CARNIVAL NOW OPERATING THE FOR SALE. United Wated 154 Nassau St. $1 PER EEK. Diamon w JEWELRY CREDIT All “Lost and Fou AUDUBON BALLROOM Pn Sn Rg er m PRIVATE LESSO. $1.00, red ot mecnsary, 0 take. view iro ining. jeenons, Lady you to suitable par THEATRE BUILDING, AUDUBON for thirty day: been at any These Advertising Agencies, telephoned directly to enoe, off on all House, & Diamond Co, Opp. City Hall Watohy ™ 3 Was 128th Be REWARDS. LOST, FOUND AND matt vid atria ra Tavand. ‘Tebpptioke pia: All 1 to 89th USED CARS FOR SALE. true ad a nd” articles Bavertised in The World or reported to “Lost and Found Bureau,” Room 108. World Building, will bo Usted lata can be rf or can be The World. Cali 4000 Beekman, New York, of 00 Main, Brooklyn Office, | | | | : “a