Show MERGER ACCOMPLISHED California PolicyHolder Late in Starting His Suit Lots Los Angeles March the suit brought yesterday In San FrancIsco b by Clarence Howard a policyholder Policy Policyholder holder to prevent the merger of the Pa PacIfic elfie Mutual Life Insurance company of ofSan ofSan San Francisco and the Conservative Life Ufe Insurance company of this city George GeorgeI I Cochrane vice ce president of the new comp ny known as the Pacific Conser Conservative Conservative Life Insurance company said to toda today day da Ye have hae no knowledge of the action reported as having begun day in San Francisco Francis o asking that the merger between the two companies be enjoined other than appears in the news dispatch and are at a loss to under understand understand stand the motive of the policyholder in question Az As a matter of fact the bush busi business bushness ness of the Conser Conservative atie Life Insurance company was combined with that Of the Pacific Mutual on March 12 b by a con contract contract tract of reinsurance the Pacific Mutual acquiring the entire assets of the Con Conservative and assuming ng all Its liabilities No policyholder of the tRe Life need be alarmed by the statements said to have been n made i in the complaint flIed filed |