Ogden Sun | 1905-09-26 | Page 3 | Western Life is to be Probed

WESTERN LIRE IS TO BE PROBED chicago III sept 21 an investigation of the tidiness methods of the western indemnity lite and assessment insurance association tor which an application for a receivership has been made by policy holders is to be made by the state superintendent of insurance attorney general william H stead of illinois has already begun an investigation of the affairs of the company and officials find in the course of a few days the state superintendent of insurance will summon all the boffl dais of the company before him and compel them to answer questions concerning charges of fraudulent voting of contracts and alleged voting of proxies and attempt to transfer the entire company to another corporation this information was announced in open court this afternoon by attorney walter hawk counsel tor a claimant of an unpaid benefit of while an attempt wai being made to secure an order from judge bethea of tha united states district court tor a reference to a master in chancery of the matters in controversy in the suit against the compan yand its officials the affairs of the western indemnity life are said to be in a deplorable condition and according to attorney hawk the state superintendent of an aurance will nuke a strict investigation so that the persons wio are responsible can ba punish wl during the hearing before judge bethea various questions of law and flaat were argued by a number of nent lawyers citing why the whole matter should be referred to a mabler in chancery but tho judge that he did not wish to enter into the case inasmuch as judge kohlsaat of the united states circuit court Is to take up the case next tuesday when the question of whether a preliminary injunction shall issue preventing the transfer of the western indemnity life to another company will be decided by the court i