Business: Downtown

¶ Into court last week marched elderly President Edward J. Jamison of Globe & Rutgers Fire Insurance Co. and demanded back the big company which the New York State Superintendent of Insurance took away from him last March. At that time securities which cost the company $73,800,000 were worth $19,900,000. Since then, said President Jamison last week, the stockmarket had been good to him. Globe & Rutgers' assets now exceeded liabilities by $10,000,000. The court pondered his plea. Wall Street wondered if Globe & Rutgers' rise did not bear out one of its...

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