Charles Bernhard HEYD

HEYD, Charles Bernhard

Personal Data

Party
Liberal
Constituency
Brant South (Ontario)
Birth Date
February 23, 1842
Deceased Date
September 16, 1929
Website
http://en.wikipedia.org/wiki/Charles_Bernhard_Heyd
PARLINFO
http://www.parl.gc.ca/parlinfo/Files/Parliamentarian.aspx?Item=ede11a44-bdbe-4b6e-8dbf-0d27f94556e9&Language=E&Section=ALL
Profession
grocer

Parliamentary Career

February 4, 1897 - October 9, 1900
LIB
  Brant South (Ontario)
November 7, 1900 - September 29, 1904
LIB
  Brant South (Ontario)

Most Recent Speeches (Page 5 of 105)


August 6, 1904

Mr. HEYD.

You can't wind up a solvent concern.

Topic:   EFFECT OF THE BILL.
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August 6, 1904

Mr. HEYD.

Not being in the confidence of the company I do not know their motives; but judging by the agitation which existed in the country on behalf of the policy-holders who complain of the excessive premiums they are called on to pay, I surmise that this Bill is for their benefit and not for the benefit of the company.

Topic:   MUTUAL RESERVE LIFE INSURANCE COMPANY.
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August 6, 1904

Mr. HEYD.

The Insurance Department not only approved of this Bill but were parties to the making of it.

Topic:   MUTUAL RESERVE LIFE INSURANCE COMPANY.
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August 6, 1904

Mr. HEYD.

The company changed that five years ago. It then ceased doing business in Canada on the assessment plan, and lias since been doing it on the straight-life plan. In the meantime there are no young lives coming in, and the men in the company are getting older while their premiums are getting larger, and they are dropping out iby the score. It is to protect these holders that I am supporting this Bill. Here is a Bill that purports to be in the interest of the policy-holders, and it is our duty to examine it and see whether it is in their interest or not. This circular was issued on May 21. At that time the Bill was slight ly different from what it is now. Since then it has passed through the Senate and has been examined by the insurance authorities -by Mr. Fitzgerald on behalf of the Insurance Department, by Mr. Bradshaw on behalf of the life insurance companies of Canada, and by Mr. Eldridge on behalf of the company ; and now it is up to us to say whether we approve of the Bill or not. Let us take up the Bill clause by clause and deal with it. If it can be shown that it works injuriously to the policy-holders, let us defeat it. I am not trying to conceal anything, nor had I any purpose in abstaining from reading that document other than to avoid wasting time.

Topic:   EFFECT OF THE BILL.
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August 6, 1904

Mr. HEYD.

They are death claims which have not yet been paid. There is $152,000 in tfie finnds of the Receiver General, which is divisible, and the division of which is ail provided for bjr this Bill. If we take up the Bill clause by clause, and if fault can be found with any provision in it, it will then be time enough to complain.

Topic:   EFFECT OF THE BILL.
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