Quizzed by Monopoly Committee. Washington, D.C., Dec. 21. Herbert G. Shimp, President of the American Conservation Co., detailed to the National Monopoly Committee today the deal he made with Hugh T. Martin, President of the Illinois Bankers Life Assurance Co., whereby $430,000 paid to his--Shimp--company to reinsure the Illinois Bankers Life Association was 'kicked back' to Martin and two of his associates. Martin told the committee that he and his associates used the money to buy stock in the Life Assurance Co., which succeeded the association
Summary
A black and white photo of a man sitting at a desk.
Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description
Tags
Date
1921
Contributors
Harris & Ewing, photographer
Location
Washington, District of Columbia, United States, 38.90719, -77.03687
Source
Library of Congress
Copyright info
No known restrictions on publication.