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February 18, 1926.
Mr. Josiah Stryker,
c/o Lindabury, Depue & Faulks,
Prudential Building,
763 Broad Street,
Newaric, N. J.
Dear Mr. Stryker:
If your analysis shows that in spite of the fact that we
are not at foult in this so-called "Radiun necrosis" business that we
should settle, it seems to me that one or two thousand dollars one way
or the other is not the point of most vital interest.
However, I quite agree with you that Kalisch seems to be
bluffing and I thinle that Mr. MeGlynn ought to get dom to brass tacks,
get a final offer, and then let us act on it. This is based on the
assumption that the $13,000.00 offer is valid and in the usual and
proper form.
Surely the insurance companies must be alive to this
situation and ought to be willing to act and not at once. The American
Mutual is confronted with tiro cases and two appeals and the Aetna with
one case and one appeal. Thoir contribution to any settlement should
be in proportion to the expense that would be involved. I should say
in the first case at least, using the proper experts, 1. e. Dr. Flinn,
Dr. Washington, Dr. MeCoy, and Dr. Field, that a minimum of $2,000.00 is
represented right there. There will be some expenses for other
witnesses since it is hard to believe that lir. MeGlynn would attempt to
defend the case without testimony from various watch and clock factories,
etc., etc.
I hope that lir. McGlynn feels that his client has a very
great responsibility in this situation in which I believe the Insurance
Company is liable for any judgment. Nevertheless, for business reasons
and in spite of our innocence, I am inclined to settle, and would
recommend that our Company carry its just share.
Yours truly,
President.
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"ocrText": "February 18, 1926.\nMr. Josiah Stryker,\nc/o Lindabury, Depue & Faulks,\nPrudential Building,\n763 Broad Street,\nNewaric, N. J.\nDear Mr. Stryker:\nIf your analysis shows that in spite of the fact that we\nare not at foult in this so-called \"Radiun necrosis\" business that we\nshould settle, it seems to me that one or two thousand dollars one way\nor the other is not the point of most vital interest.\nHowever, I quite agree with you that Kalisch seems to be\nbluffing and I thinle that Mr. MeGlynn ought to get dom to brass tacks,\nget a final offer, and then let us act on it. This is based on the\nassumption that the $13,000.00 offer is valid and in the usual and\nproper form.\nSurely the insurance companies must be alive to this\nsituation and ought to be willing to act and not at once. The American\nMutual is confronted with tiro cases and two appeals and the Aetna with\none case and one appeal. Thoir contribution to any settlement should\nbe in proportion to the expense that would be involved. I should say\nin the first case at least, using the proper experts, 1. e. Dr. Flinn,\nDr. Washington, Dr. MeCoy, and Dr. Field, that a minimum of $2,000.00 is\nrepresented right there. There will be some expenses for other\nwitnesses since it is hard to believe that lir. MeGlynn would attempt to\ndefend the case without testimony from various watch and clock factories,\netc., etc.\nI hope that lir. McGlynn feels that his client has a very\ngreat responsibility in this situation in which I believe the Insurance\nCompany is liable for any judgment. Nevertheless, for business reasons\nand in spite of our innocence, I am inclined to settle, and would\nrecommend that our Company carry its just share.\nYours truly,\nPresident."
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