Show u II II II INSURANCE H II Hn 1 n I IThe The Brothers who have re recently recently recently re- re extended th their ther r get rich operations to Utah have been hen landed by the federal authorities in Chicago o for on on char charges es of using the tile malls mails mals unlawfully In selling stocks In various companies with high sounding names nunes It I is lq known that many Insurance insurance ance anco men and others In Utah have Ilave been l een approached chet on the time Republic LIfo Life In Insurance Insurance insurance In- In proposition but so far Car as Is known none of oC the victims halls hails hals from this state The following article appeared In a recent Issue tissue of C tho the thor Argus r us an nn Insurance paper o of Chicago o iser rrt I. I Federal authorities claim to have ha sufficient evidence to convict the tile Rhodus Brothers of or Chicago o charged wih with using the mails mals wih with intent to de tie tie- fraud The They were placed under arrest June 29 29 20 and will wil be held under 20 O.- O. bonds to await the result of the proceedings s now no being being- carried on beCore before before be be- fore Core Commissioner Footo Foote Headers Readers of or orthe the Argus will wil recall recal our our criticism I o of or orthe tho the get fret nd over o the thc names get f thc thi nh thIIs ls Brothers In some of oC the Insurance p papers a n few few- months ago So Examples were given Iven where a agents were piling pIng up tip commissions commissions commis commis- ranging from front O to to OOOO a year oar and the rea reader er of those papers were given gl en to understand that all ni this easy mone money came from business written written written writ writ- ten for Cor the Republic Life Insurance company compan It I now transpires that not nota life written the a single lle pole policy was wa whole scheme being a Cl plan to dispose of oC stock In about a dozen concerns un under on- on un-I un tier der ter the guise uise of of financing the Republic Life LICe I Quote a number of business men who should have o ha known better belter beler were In Induced to subscribe for lor stock tock In one or the tho other of oC the propositions but after pa paying the first in Installment most br ff them suspected a high I h finance trick anti and ane surrendered their options option No o doubt life Insurance a agents ent who were attracted to the tw scheme on account o othe of OL I the promised high commissions richly deserve the humiliation which is now their portion orlon but hut what about tic the thou thou- santis of individuals some sonic of f whom in invested invested In- In vested estet their all al In these concerns at nt the lie of these agents All 1 li life insurance Is made to feel Ceel th the tue loss los of confidence which results from the ex exposure exposure ex- ex of these catch penny penn schemes ma masquerading under th the name of life liCe Insurance company compon As s we go to press Dress the hearing Is still being being- carried on So Si S far flU the thc lie following fol fol- fol- fol lowing companies which are virtually wheels within wheels are found round to be among those promoted h by liy the time Rhodus Brothers Central Life LICe Securities compan company com coin pan pail pany Republic LIfo Life Insurance compan com corn pan pany Ceo Central tm Agency company compan Eastern Eastern East East- ern era Agency gency company Atlantic Agency company compan Now l England n Agency genc compan com coin Mercantile Finance pan pany company compan Finance Company of f America American Amen Ameri Amel- Amel can Trading Trading- company Mercantile Se Securities So- So comp company n Mercantile Trust and Savings hank bank I r |