‘Released under the. John F. Kennedy Assassination Records Collection Act of 1992? (44 USC 2107 Hotery. DATE: +11-14-2017 . December 1959 December 1959 O Oo -9- Bhnes told Cefry he wanted a copy and accounting of the Lloyds arrangement which was being worked out through Stewart Smith Company and that a 73% figure was mentioned. The $100,000 would be split among the companies (Tri State received $29,500) with interest belonging to the companies and after 3 years, the sum was to be credited toward premium payments. ‘There would be quarterly statements from United Benefit. United Benefit requested $100,000 from IBT with bonds effective 12/15. The deposit was made and the money divided among the participating companies according to their percentage of participation the deposit was to be held at least until the end of the 3 year bonding period. , Cefry and Wright reach agreement. Wright received $9,750 as United Bonding’s share of the deposit less 25% premium tax. Wright had agreed to 25%, but only got 10& because Cefry said. United Bonding was the smallest. United Benefit was to get 35% commission as earned; expected about 3 million over 3 years, 2 million to insure losses and 1 million to be split among companies; all money received by United Benefit to be divided immediately. (Last stipulation in copy of letter from Tri State with copies directed to Bray, Henning and David Ross.) . December 14, 1959 HBS, Iné. borrowed $150,000 from First National”. Bank, Evanston, paid $50,000 back on previous loan and deposited $100,000 in account of HBS Ine. December 15, 1959 Vassen of Houston F & C; a long time friend of Charles Bray's father, Homer, said he was contacted by Bray (his first contact was from J. Minton, a broker from Fort Worth) re reinsuring agreement. Management called for each company to be liable up to $100,000 with excess up to $500,000 reinsured with Lloyds at a cost of 2% of the total premiums. Vassen said he insisted that (1) application be obtained from every bonded officid; (2) all bonds of 15,000 or more to be investigated; (3) the IBT would pdice the program and remove non-bondable officials; and (4) there would be a quarterly meeting of representatives of all the companies to review the program. / December 15, 1959 Tri State letter to United Benefit acknowledging participation by Tri State up to $200,000. Kg Docld: 32329636 Page 23
Released under the. John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hotey. DATE: *11-14-2017 , - 10 = arly December 1959 Hopps said he contacted Bray at the Castaways tyring to get him to reinsure with La Metropolitana (a Cuban company with offices on John Street, New York City) in a deal unrelated to the bonding. Cefry of UB and Schwartz were also in Miami. Hopps said he met Hoffa there, but didn't discuss bonding (May 1960, Hopps said he only met Hoffa once and that was in 1956 or 1957) - Bray told Hopps that Tri State took 30% reinsurance and that the syndicate of brokers that got Tri State would get 5% on this 30%. Tri State agreed to give 10% participation plus 5% commission to Merchants Mutual Bonding Company of Des Moines owned by the Warner Agency, but neither Hopps, nor the Pinkerton Agency of Omaha, nor Bartling and Sons of Kansas City received any compensation (as of 5/60) . Bray was making arrangements to get a $100,000 deposit from the IBT which Hopps understood was a deposit on the premium for the International and that the balance was to be paid within 30 days. Re La Metropolitana, Hopps and Bray did go to Cuba and met with Godoy's brother-in-law named Arnoldson. Hopps said he believed Bray's companies have also had reinsurance business with the Plymouth Insurance Company and Muir-Bedell of Lloyds of London. Hopps said that he, Hopps, was also in Florida trying to get reinsurance from two Florida companies. Hopps said none of his expenses re the IBT bonding were reinbusred but that usually his trips were for other business on his own and not specifically in connection with the IBT bonding. , December 1959 “ Bray said that Schwartz made Bray's proposal to the IBT Executive Board in Miami; that the IBT insisted on December 15 date; that it was Bray's idea to get the 100,000; that future deposits would be coming from the IBT depending on the number of applications; that he has not been asked to bond management and union officials under the health and welfare funds; that while in Miami, he stayed at the Fontainebleau; that Hopps was there also and Bray talked to Hopps about the Panamanian company. December 16, 1959 United Benefit wire John English asking for $100,000 deposit, stating that bond effective 12/15/59 and that Laundry Workers and Electrical Workers would also be written by HBS Inc. and Mitchell May, Jr. Company. A | Doclda:32329636 Page 24
| Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 3107 Hote). DATE :; 11-14-2017 -~ ill -« December 18, 1959  —S- Letter from Cefry of United Benefit to Frank Wright of United ponding acknowledging the latter comoany's participation December 20, 1959 Associated Insurers check stub recording $1,875 to Anglo- Canadian Underwriters, 3rd payment on purchase of Mediterranean. — December 21, 1959 Letter from John English, IBT Treasurer to United Benefit, e/o Bray transmitting check for $100, 000 as a good faith deposit for IBT bonds. December 22, 1959 Letter from Cefry to English stating that applications on Summit forms were O.K. December 23, 1959 Vassen of Houston F & C called by Bray from Florida and then sent telegram to United Benefit accepting, as of December 15, 1959, reinsurance for 15% or 100,000. He agreed to be listed as contributing $150,000 toward Treasury List and to pay a commission to United Benefit of 373% Which was to include all expenses including taxes with the exception of 2% additional costs of reinsurance with Lloyds of London. December 2, 1959 _ Letter from Karl Vassen Houston Fire and Casualty Company to Bray confirming acceptance of 15% and $150,000 limit according to the Treasury Department list. December 24, 1959 Oxford Agency, Inc. incorporated in Illinois. Incorporators were first name Burks, Alice O'Connell and Ida Lee McClure. C. W. Bray was listed as resident agent and Burks as attorney. People working with Bray about this time included Marion Burks, Secretary of CC., Bill Courtier, an accountant for CC., Bob Christopher, manager of Bray's Chicago office, E. C. Jobe, Vice President in charge of Claims Depart- ment, HBS, Denver, Colorado, Allen Harden, surplus line underwriter, Harrold Weingarden, accountant for HBS, Inc., Deane D. Whitesell, Vice President, Robert Wolff, account for Oxford and CC. Weiner was general, agent, but had no apparent financial interest or position in CC. December 24, 1959 ~ Homer Bray Services (Can) Ltd., a Canadian Corporation, established. | (The money used to purchase the incorporating stock from Oxford came from the Canadian Company.) December 24, 1959 Bray issued check for $3,000 to Tropical Holdings, Inc. (Bray said this was to purchase 75% of the total outstanding stock in Universal Guarantee and Trust Company of Panama, believed to be a Hopps company.) _ : | | gt Doclda: 32329636 Page 25
Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 Use 3107 Hote;. DATE: * 11-14-2017 f . 7 C) t rs YY -~j]2. December 29, 1959 Letter from Bray to inglish acknowledging receipt of $100,000 for deposit premiums. December 29, 1959 HBS (Can) check to Bray for $1,200 to repay loan. December 1959 Bray check for $10,100.83 to LaSalle National Bank as repayment of loan. December 1959 Bray (7) deposited $10,000, borrowed from HBS Inc. (same day as above) December 31, 1959 On this date, said Harold Weingarden (accountant for HBS and associate of Charles Bray's father), HBS sold 50,000 shares of CC stock to Intercontinental. (Later Bray bought out Weingarden's “shares. Bray gave Weingarden a bad check and Weingarden had quite a bit of trouble collecting.) December 31, 1959 Oxford assumed all liabilities of Summit in regard to the Teamster Bonds. December 31, 1959 Homer Bray Service paid check of $154,000 to Central Casualty. Decenber 31, 1959 Central Casualty paid check of $154,000 to trust account of Intercontinental Insurance and Security Company at the Underwriters Trust Company in New York City. CC records indicated this covered October-November reports and adjustments to losses and reinsurance and unearned premiums. December 31, 1959 Bray issued $150,000 check on behalf of Intercontinental ; to Homer Bray Services for the purchase of 50,000 shares. December 31, 1959 Intercontinental's account, c/o HBS (Can) in Underwriters Trust has balance of $154,088.61. December 31, 1959 CC sent out bonds on applications previously sent to Summit. December 31, 1959 CC deposited United Benefit check for $19,500 which was CC's share of the $100,000 deposit forwarded to United Benefit by IBT. December 31, 1959 Douglas Winguist of Underwriters Trust, New York City, said that on this date James Bray, Charles’ brother, came to the bank with a deposit of $100,000 to the Intercontinental Insurance and Security . Company account. December ? 1959 After getting $19,000 shortly thereafter, he gave $10,000 to set up HBS (Can) Ltd., which sent $5,000 to Associated Insurers Ltd., which in turn soon sent $1,000 to set up Oxford Agency. 7\ Doclda: 32329636 Page 26
Released under the John F. Kennedy Assassination Records Collection Act of 1999 (44 USC 3107 Hote). DATE:, 11-14-2017 . ne ee © Late December 1959 Joseph Henning, Mitchell May, Jr. and their staff ended their connection with John C. Paige and Company and started direct operations as Mitchell May, Jr. Company. They had Cosmopolitan and Consolidated as reinsurers, but no leading carrier. Hopps put them in contact with Bray who agreed as agent of UB to work thru them on all labor bonds other than IBT. Hopps was to share % of the May, Jr. Company's commission. Hopps, trying to get business talked to Dave McDonald thru Phil Regen, Ekbright of AGVA, Walsh of Theatrical, Miller of Bartenders, Cross of Bakers, and also with Regan's help Keenen of Electrical and Kennedy of UMW. Hopps met Gibbons visiting with McDonald at Ryan's home; Gibbons said he'd try his best to get all Teamsters under 1 master contract. Hopps, US Life, UB, HBS were collaborating on bonds for Bridges and ILWU thru Pinsky and Bercon's Union Insurance Consultants Agency but UB had no California License so UB and Hopps were out with no commissions. , December 1959=. January 1960 About this time, the Cincinnati locals got bonds from aan Federal Deposit and Insurance Company of Maryland for $4 per $1,000 - a $1 less than the national rate. January 1, 1960 Associated Insurers Ltd. check stub recording $525 to Bernardo Carames for keeping books for Intercontinental. January 5, 1960 United Benefit sent standard reinsurance form to Houston Fire and Casualty, which was executed. January 5, 1960 Central Casualty (2?) check for $150,000 signed by Bray payable to Homer Bray Services for 50,000 shares of stock in Central Casualty Company. Check is deposited in Homer Bray Services *. account. . First National Bank of Evanston, Illinois. January 5, 1960 CC issued check for $100,000 to HBS (Can) Ltd. in accordance with agreement of January 1, 1960. January 5, 1960 CC issued $100,000 check to HBS (Can) for advance payments for stop losses per treaty of January 1. January 5, 1960 HBS (Can) Ltd. issued check for $5,000 to Associated Insurers, Ltd. | January 7, 1960 Account opened for HBS (Can) Ltd. of Canada at First National Bank, Evanston with $10,000 deposit. January 1960 Check from Intercontinental for purchase of stock of CC. . Docld: 32329636 Page 27
[ Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 HoTtey. DATE: «11-14-2017 , January 1960 ? 1960 January 1960 January 1960 January 1960 About this time, said Allen Blank (KC, FBI report approximately November 1960), Bianchi resigned and joined CC. When Reserve failed’to sell Summit, they decided to let it die and only left a few employees to take care of previously incurred obligations. Reportedly, Reserve made a deal with Bray to take over existing bonding without Bray paying Reserve any money for the business. Illinois State Insurance Department authorized CC to. issue an additional 100,000 shares of stock to be solf for $300,000; the understanding was that Bray would acquire this stock in a closed sale. Earl Cefry of United Benefit said that UB was writing bonds through HBS Inc. of Evanston, Illinois; that UB followed American Security Association rates; that 25% broker's commission would be paid to Bray as it.wasiearned;. (Cefry had had advised it would be split by Bray and Henning as brokers of record.) and that Bray would pay his brokers 15-20% out of this; that UB was doing all the underwriting and ordering reports on all Teamster officials who would be bonded 15,000 or more. (Peter Zimmerman of the Surety Association of America, 60 John Street, New York City, WH 3 - 0803 said that a company should not write a bond totaling $500,000 without first submitting it tothe Association and that to do so would be a violation of the insurance laws; Bray denied that this 5 so.) Joseph Henning said he understood that 20% would-be paid to a broker who was not yet named and 5% would be split three ways among Hopps, Bray and Henning. At this time Hopps had received no commission for his part in the IBf bonding (nor had he as of 5/60). He would think that since he introduced Tri State, Tri State would pay him a fee with permission to reduce the amount paid to UB. Hopps understood that, UB had done extensive investigating on the bonding and that some underwriters had flown over from Lloyds. If UB backs out, (Hopps thought the deal will still break down and he would handle it.) he had a big New York mitual ready; Hopps had two big companies applying for Treasury listing. Hopps had no insurance company of his own, but was a shareholder not a Board member, in many small companies; he was a reinsurance broker. Docld: 32329636 Page 29
| Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hotes. DATE:, 11-14-2017 ' -~ 16 - 7 January 1960 . Bray in an interview, said that he had first been contacted in October by Henning who wanted his help in getting Cosmopolitan and Consolidated on Treasury list; that he read about Allen Dorfman having the Summit applications and went down on his own; that he felt confident he'd get the business but for no particular reason; that he had met Hopps some time ago in San Francisco, but didn't know him; that he met Hopps in Chicago with Henning; that he didn't know Dorfman's connection and that Dorfman played practically no part in setting this up; that he didn't know what part Hopps had played; that he thought he could have gotten thetmsiness without Schwartz, but Schwartz got part of it. (Bray later, June 1960, admitted the above version is not correct and that he was | contacted by Hopps.) Bray also said that Schwartz and Weiner wanted 20% of all business they submitted and thatthey turned over several hundred Summit applications to him. January 1960 Bray said that the reinsuring companies were paying United Benefit 37h and that United Benefit was paying Bray 25%; payments to be made to HBS Inc., which would pay Oxford Agency Inc. 20% and Oxford would pay the brokers. Schwartz and Weiner would probably receive 20% brokers fees for the business they furnished. Mitchell May, Jr. Company would receive approximately 2'% out of the top 5% to HBS Inc. Nothing would go to the Dorfmans or to the Illinois agency of Summit. Other brokers were Stewart Smith Company, (this company owns United Benefit and was counting on getting Joint Council 25 in Chicago) , Bud Barnes of Omaha and perhaps Martin seigal. Bray stated that the $19,000, CC's share of the IBT deposit, would not be disbursed. (But see late December 1959.) Bray interpreted the law to mean that the bonding companies had to have a combined Treasury rating up to § $500, 000, but that no one company had to accept up to its maximum rating. Bray gave the following figures: Docld: 32329636 Page 30
Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hotey- DATE: *11-14-27017 -17- ; Percentage of First Company _Treasury Listing $100,000 Accepted __ ‘United Benefit 100,000 25% United Bonding ~ 50,000 10% Houston Fire and Casualty150,000 (See Dec. 23, 1959) 15% Tri State 200 , 000 30% Central Casualty Not listed 20% (Bray maintained that a reinsurer did not have to have Treasury listing.) Lloyds would reinsure the excess with all companies sharing cost which Bray estimated at 2<h%. (Does the above scheme fulfill the requirements of the law?) Bray said that United Benefit would run credit reports on all individuals though this had not yet been done. Bray would rely on Tri State and United Benefit to apply for their criteria for bondability. Though there is nothing in writing bonds, Bray said the Teamsters had agreed that if a person is not bondable he would be relieved of his duties. Bray mentioned that he had one girl working in office space provided by Teamsters for which he pay $123 rent per month. a Doclda: 32329636 Page 31
pat under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hotey;. DATE :, 11-14-2017 January-February 1960 January-February 1960 January-February 1960 February 1960 2? 1960 February 1960 ©) 18 = © Hopps said he met Gibbons on behalf of the bonding company complaining because the premiums were not being | paid and all the Teamster locals were not participating. Gibbons said they do not have control over the locals that people think but they would do what they could. Bray called Leonard Schloer, Chief of Section of Insurance, ICC, trying to make arrangements for the Cosmopolitan Insurance Company of New York to get Treasury listing. 1959 statement of Central Casualty filed with the ICC showed that Central Casualty had assumed $214,831.93 reinsurance business and had ceded half. Bray said that Homer Bray Service, Inc. held stock in Oxford; that Underwriters Trust Co. of New York had recently purchased stock in Homer Bray Service, Inc., for $100,000. Homer Bray Service had been selling accounts receivable to banks for the purpose of making loans. The $100,000 was to repay loans which had been used to pay premiums to Lloyds of London. Central Casualty paid Homer Bray Service $55,000 for purchase of equipment; Central Casualty then. sold it to United States Leasing Corporation; 580 California Street, San Francisco, California; United States Leasing then leased it back to Homer Bray Service for $5,000 a month. Teamster locals received a letter announcing lower rates from Thomas J. Leahy, Leahy and Associates, 6 North Hanlin Avenue, Chicago, Illinois. (Mail has been received for Thomas J. Leahy in care of Plasticians Inc., 208 LaSalle Street--same address as Central Casualty.) Leahy said he . was a broker in getting bonds for Joint Council 25 and some locals that he had dealt with Fraser Wilson of Stewart Smith Co., and Linguist and Burnes of the Styvesant Co. Leahy stated he heard about the bonding, contacted Sol Schwartz and reached an agreement whereby Leahy would be the broker for Schwartz's accounts. Leahy advised he placed the bonding of Teamster officials with Stewart Smith Co. and the bonding of trustees with Styvesant. Reportedly, Stewart Smith is affiliated with an agent of Lloyds of London. Doclda:32329636 Page 32
[ Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hote }. DATE: . 11-14-2017 February 1, 1960 March 1960 March 1960 ‘March 1960 March 1960 April 25, 1960 April 1960 April 25, 1960 - 19 - Previous Central Casualty (7) check overdrew account so $500 deposited leaving balance of $306.46. According to Associated-Insurers check stubs, balance of account is $87.50. ©" Hopps's company Intercontinental Guaranty and Trust Company (name changed to Universal Fidelity and Security Company then to Financial Guaranty and Trust Company) under investigation in New York, Baltimore and San Francisco. (From page 19 FBI report, Agent John Roberts, Chicago, November 11, 1961) United Public Insurance Company of Indiana was subject of attempted takeover by Cleveland hoodlums, among whom were Dominick Bartone, Lou Brady, Dom Lonardo and Don Plitzer. Trans American Security, their 'front' agency, defaulted in March 1960 and went out of business. United Public Insurance Company assumed the obligations until arrangements . could be made. Allegedly, the Cleveland group was told by Sam “Mooney” Giancane to stay out of Chicago . bail business, that it was his territory. Chicago bail bondsmen who do approximately 90% of the business are Ed Morris, Tony Horton and Irv Weiner. Pat Cerone is a well-known agent of Weiner. Weiner allegedly is also a jewelry fence. Ed Morris is tied in with Cosmopolitan Insurance Company and Bill Rose (associate of Mickey Cohen). There also appears to be a leak between these bondsmen and the law firm of Bieber and Brodkins, reputedito: becattorneys for the racketeers. Individual bondsmen are forced to work with ‘them because if one tries to disassociate, defaults of that bondsmen which had been taken care of "through contacts" are reviewed. Bray goes to ICC. New stock issued by Central Casualty had been completed that week. Bray told ICC that it was to private individuals, one to man in oil business named Ryan. In order to keep United Benefits 'A' rating with Best's, Cefry says he solicited 35 agents and got $126,000 cash representing sale of 12,600 shares of United Benefit at $10. “Anglo Canadien Underwriters, Ltd., closed account at Underwriters Trust, New York City (see May 7, 1957). Se 7. re & i Docld: 32329636 Page 353
Released under the John F. Kennedy Assassination Records Collection Act of 1997 (44 USC 2107 Hotey. DATE: ; 11-14-2017 May 1960 June 1960 June 1960 June (7) 1960 June 1960 Docld: 32329636 Page 35 O me CO interest in the Mediterranean Insurance Company and has not received any money from that company in the last two years. He said that Bray bought stock in this company at his suggestion and got out of the company because most of the assets of the company are frozen by the Castro Government with the exception of the stock of Seguras. Trust account at Underwriters is supposed to be $300,000 but still has not received the $100,000 in mortgages and the Homer Bray Service, Inc. note for $100,000. Gerber says that the money that went into Central Casualty came from Mrs. Bray. About this time, Central Casualty and United Benefit made agreement to share all bail bond business 50/50. United Benefit had more licenses and also could write bonds on Federal courts, which Central Casualty could not do. (so why 50/50?) Only the 50/50 agreement was in writing. A11 else was oral. Bianchi was to head both departments, to keep records;to give United Benefit a monthly statement. Agents posting bonds were to pay Bianchi 3% of the total amount of the bond. Fund (an ascrow account in event of defaults.) Weiner was to be General Agent for Chicago and L. S. "Bob Cornett for the states went of the Mississippi. In some states Cornett had sub-agents; sometimes one under United Benefit and another under Central Casualty competing with one another. (See Kansas City FBI report of November 1960 or later.) Bianchi brought in Hillary Volin as his assistant; and Yvonne Decker is Bianchi's secretary. Joseph Gerber, Director of Insurance, State ° of Illinois, who had approved Intercontinental Guaranty and Insurance Company of Tangiers, Morocco, testified before the Senate Subcommittee on Antitrust and Monopoly. There had been allegations by former Hopps' associates, Robert Leonhardt and William (7) D. Corbett, that Gerber while State Director owned Mercury Mutual Insurance Company in Illinois, and that Hopps had said that one of Hopps' companies invested money in Mercury in return for Gerber's ~ authorizing Intercontinental Guaranty to do business in Illinois. Allegedly in 1957, Spike McAdams and 3°
[ Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hote} - DATE: 11-14-7017 S - 22 - Von Wagner, Chicago agents of Intercontinental and also owners of City Savings and Loan Association, had $200,000 paid into Mercury Mutual Insurance. McAdams later bor- rowed more money and eventually $20 ,000 was paid to Gerber. ; Gerber denied the above and stated that Inter- continental Guaranty was granted approval March 5, 1958 after certain American citizens filed certified balance sheets. (Intercontinental Guaranty's predecessor company was West Indische,Heverzekering Maalschappij, S. A.) Intercontinental Guaranty was put out of business in Illinois within three weeks after notice of its dif- ficulties in California. Gerber said he had been connected with Mercury Mutual Insurance Company and Mercury Management Company, Inc., of Chicago but had severed his connections with these companies after assuming his position as State Director of Insurance (any connection between these companies and Dorfman’ Mercury Investment Corporation?) June 30, 1960 Financial Statement in Guaranty Bank's files: Central Casualty Company, 1633 Central Street, Evanston, Illinois - June 30, 1960 — Assets Liabilities Cash -<-----= wcwcneancnnn $137,800 Claimed defaults pay.- $ 25,100 US bonds ---e------ eoonnn 446,000 Res. for loss etc.---- 416,700 Other bonds -cee+--e-s--- 10,000 Res. unearned prem.-~-- 314, 300 Stocks -e-cn-ne-== eameam= 91,000 Due on reinsurance --- 25 , 800 Real Estate ---3--5c-2- ewo-- 90,000 Expense unpaid ------= 10,200 Due from agents --------- 393,800 Premium tax pay. ----- 21,100 Due from Rein. Cos.----- - 255,400 Other liability ----- - 25.000 Deposits with Rein. Cos.- 25,000 Total liability ------ $ 838,200 Other deposits -------2e-+ 207 , 600 Cap. stock ------=-- 500,000 . Accrued Interest -------- 3,000 Surplus -e--+--- sone 322, 600 Total -e---e------een-ne $1,680,800 Total Lieb. & Cap.---~ $1,600,800 July 1960 Stotts of United Bonding asked Keith Pyle why United Bonding was continually being charged for "excess of loss premium due". Pyle told him that represented refunds of premiums to locals caused by a competitive reduced rate which they thought would be overcome by an increased volume of premiums on new business. Wright could not understand the delay in returning this money. Bray told Tri State the same thing about new business offsetting this. Wright is constantly required to pay back premiums. Doclda: 32329636 Page 36
Released under the John F. Kennedy Assassination Records Collection Act of 1993 (44 TS€-7107 HWotey_ DATE:, 11-14-2017 1, -23- October-November 1960 - Bray went to Puerto Rico to see Alex Gonzalez, attorney for Atlantic Insurers Underwriters of San Juan, Inc. and Manuel Font, General Manager of the firm and a general agent for Central Casualty. Allen Dorfman, whom Gonzalez believed was a representative of the Teamsters, and others were present. The proposal was thet Atlantic Insurers Underwriters would coinsure with Central Casualty, Teamsters Local 901, San Juan. ° (Letterhead Bureau memo, March 23, 1962, San Juan.) November 4, 1960 Bray writes letter to Sax of Exchange National Bank directing that a check (commission check payable to Homer Bray Service, Inc.) sent to Exchange on October 29, 1960 by United Benefit for $32,305.68 was to be divided with 20% being placed in the Special Account for Homer Bray Service, Inc. and the balance in the special account for Oxford Agency Inc. Bray also stated that all other checks from United Benefit are to be divided similarly. November 7, 1960 Oxford Agency Ine. account opened at Exchange with Sol C. Schwartz, Edward R. Stroming, Irwin S. Weiner officers. (Bray said he was paid about $8,000 some in cash the rest in cancellation of indebtedness by them, for Oxford; the anonymous letter said Bray was forced to sign over Oxford.) Exchange records list the following affiliated accounts: . Auto-Mat Manufacturing Company Continental Processing Company P&S By-Products Ine. Irwin S. or Lilyan Weiner ISP Sales, Inc. 1019 S. State Bldg. . Ieo Rugendorf or Irwin Weiner, Spec. Acct. . American Bonding Agency, Inc. . Twin Food Products Inc. (employed Aldesisio & carfano) Weiner-Volin Insurance Agency Inc. John Carson Lodge Smith f November 1960 (7) Thomas E. Fleming, Jr. jumped bond in Kansas City. of Owen Larson, bondsman filed power of attorney for the surety bond, United Benefit, but had executed the appli- cation for bond form from Fleming on a Summit Fidelity and Security Company form and paid the forfeiture bya check on Central Casualty. Larson said this check was in the form of a personal loan to him from Bianchi of Central Casualty and that he, Larson, was not affiliated with Central Casualty. Larson was in the process of transferring business from Summit to United Benefit. | ‘3% Doclda: 32329636 Page 37
f Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2i0TF Hotes. | DATE: “11-14-2017 © oh - © Charles R. Lieck, formerly officer in Summit, now in Security Service Corporation, the bail bond portion of the Resolute Insurance Company of R. I. Lieck's address is P.O. 5185, Akron, Ohio, but he lives in Medina. (From'a Kansas City FBI report) December 1960 Stock control of Guaranty National Bank, 6760 Stoney Island Avenue, Chicago (formerly Southmoor Bank, the bank where Orville Hodges cashed his states warrants) was purchased by Don Ross (of Ross & Rothfield) Meurice H. Kamm, Maurice Ohren, Hall Opper (with Ross in. Mid West Triumph Distributors, 5801 N. Sheridan Road) and Norman Schlossberg. (See November 1961) from Dalton. _ Finance Inc., Mt. Ranier, Maryland. December 1960 Ehle, employer trustee of Cleveland IBT Local 436, Welfare Fund, said that in late 1960 Babe Triscaro was pushing to 0.K. a loan of $600, 000 to get majority con- trol of a Chicago bank, believed to be the Guaranty. Apparently Don Ross and 2 others (one possibly Corrington) appeared before the Board. The loan application was re- . jected principally since it was for out of state interests. December 1960 Financial statement of Don Ross (from examination of FDIC re Guaranty; other FDIC examination papers in Chicago and D. C. Offices including statement on Mid West Triumph) : Cash --------e0----- + 4,700-23,000 NP bonds Investments ----- w-= 225,000 CVeine. s-eceennon~e 8,600 GRG ----------------. 40 ,000 Rothfield & Ross --- 10,000 Income tax refund -- __ 2,900-268,200 IW 291,200 291,200 investments 49% (249 shares) Midwest Triumph 163,000 (Hal Opper reportedly owns other 51%) 1500 Beshoff Chemical _ 6,600 1500 Standard Triumph Motors 2,500 45 ? Investments 50,000 - Intercontinental 45 Ror Inc. 1,000 223,100 December 1960 Intercontinental Insurance Company account opened c/o M. Breen at Dorfman's address. Signators were Caranes, Botifol, A. Rivero, John M. Kearney, John Ruddy. December 22, 1960 Bray agreed to take over United Mutual Life Insurance Co., of Fort Wayne, Indiana, no money involved. Company was insolvent; had assets of $163,000 and worthless surplus certificates of $774,800. (See January 26, 1962) Docld:32329636 Page 38