Show r i I I I I I 1 m I J i i t t t INSURANCE AGENT TURNS SWINDLER New York Life Representative Reaps Rich Harvest at Houston HOlston New Nets ew York YOlk Out Oct 22 Compelled Compelled to tl act aCl because ot oL a gigantic swindle lc In lim Houston Tex rex 1 the tIme Q of tIme the New NewYork NewYork NewYork York Life LICe company in lit lew New NewYork York have ha begun an In investigation 1 whIch rach its Ifa Ht t Jn ln In every ty y and amid W I wll 1 i 1 J Li t th S o JI QI QIn n ent to th company J r n tH lc l l- l lJ J hie- hie 8 f ft 11 liti ling of o if i b IU 1 slon on l iJ I by John John Johm A 1 o Jr JI n a f former founer agent Is ad mUted milted by the time company through Its He recorder Harry S. S Ford cC through hul holding holding- lug up imp UI ol ot premIums premium manipulation of loans und anti urn other transactions made IJ possibly by hy his connection with wih the time New York agent Is Js alleged to have ha laise raised lar sUJ sums He lie wrote rote a great cat deal of or business busi ness a and auth 11 arranged loans on policies Finally he lie was dropped 1 by the company com coin I pany on Ott some technical char charge e. e but hut butas butas as to this titis there Is a Jy mystery ter for 01 Mc Ic- Ic ex exhibited letters showing that lie itt had imail been heel exonerated and continued to o solicit business and make his ImIs loans In lii II this manner he managed to make maJe so O many man loans In Houston that when lie he le left heft lef that thal city the amount of or money standing against him Him 1 Is placed place at al neary neara near near- Iy y a half million dollars I of Swindle I Unknown Creditors and amid dupes s scattered c farand farand far and wide are arc clamoring and the tho re recital recital re- re cital of time the fact made It necessary necessary- to apply appl the time probe from the time New York ollIce As Recorder er Ford Forth said al Ve e do o not know W how we are connected connected con con- yet therefore we re 0 arc are investigating sating gating to out out The most serious phase phuc of business methods hiie hUe ho was agent in Houston Is Js that thal through other other oth oth- er Cl of the compan company he was kept kelt ept Informed of the rno movements of Pre President i enl Buckner and Hamilton Cook the Lime lt general generl agent In iii St St. Louis Louts whose name was signed to the letter received by which absolved absolved ab ab- ab- ab solved sol him him of or the tIme charges es a against him ilin This fils letter leter Is pronounced by hr Cook according accord In to Mr Ir Ford to lo be a u forbel for for- gory gery bel Recorder Ford speaking for Vice VIco President Buckner lal said that before tile the New York Life could make a a general genera gen gen- eral era erl statement it I would be necessary to o c co to cover over o the whole ground This will wi require some time as McCormick after aftem concluding his brokerage lol elage operations opera opera- tons In hi Houston solicited olcie business In Humble Te Tex Fox was seen cen in St. St 81 Louis with wih several se cashiers of oC the company from Crom Texas cities clUes an and then l ap l up- up eared rell Just what time the investigation h by the 10 New r ev w York Life LICe will wi result resul In iii II is speculative spec sice Is not likely that there will viii wi be be beny any ny more mote operations such a as arc classed se hy by tho the duped dupell Texans as a s cit c ff of f graft graft |