Show Insurance Rate Raise Is Opposed DES MOINES Ia March 10 CAP CAPA Al AlA A petition filed against the Bank Bank- Bankers Banker's ers er's Life Insurance b by claiming to twelve policyholders represent of the older policyholders policy policy- holders ot of the company was filed hero here last night asking a permanent injunction restraining time the companY written written writ writ- from raising rates on policies ten prIor to 1011 The petition do- do an accounting of reserve guarantee fund set aside for forthe the benefit of pol under under Wi- Wi the old mutual insurance plan der which the company operated d prior to 1911 Char Charges cs that offIcials of the corn com pany had di div 1 fond fend to other source after it changed from th tb a. a i ment to thep plan O of J were made in the peti 0 The rate increase to 1 lt April 1 would change the old ra of about 1410 for a. a 2000 WOO p un er the assessment plan to 35 under the new premium p pan panI an I J alleged Officers of the company cI funds had been wrongfully O dive p |