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Show 138 INSIipE FIRMS DECIDE TO m STATE Fire Underwriters Peeved by Action Taken by Mississippi Revenue Anent NEW YORK Dec. 21.- One hun-! hun-! dred and thlriy-eijeht fire ""insurance j companies are suspending their business busi-ness In Mississippi where their ar-! ar-! gresato coverlrus policies amount to j approximately $1,250,000,000. This action (s an oatprnwth of a suit fild against I hem it?- fife Stste revenue agent of Mississippi, chavgin--i that In collecting the same rntes, the I companies have created u combine in restraint of trade. I Announcement of the su,'peniilo;i 'was mode today b the National j Board of Eire Underwriters. It was explained that the state revenue agent contends that th al- leged violation of the anti-trust laws 1 Mississippi subjects each coin pan) j to a penalty of JS.ooo a day since January 1 I f" I s . or an aggregate penalty pen-alty of $2.000.1.100.000. i To enforce payment, balances due I the companies in BlaslMippI and held by their agrents have been garniahecd. ; This uiiourits to $700,000. |