Released under the John F. DATE: 11-14-2017 ~ AGENCY : RECORD NUMBER : RECORD SERIES : AGENCY FILE NUMBER : ORIGINATOR : FROM: TO: TITLE : DATE: PAGES: SUBJECTS : DOCUMENT TYPE : CLASSIFICATION : RESTRICTIONS : CURRENT STATUS : DATE OF LAST REVIEW : OPENING CRITERIA : COMMENTS : v9.1 DoclId: 32300133 Page 1 Kennedy Assassination Records Collection Act of 1993 (44 USC 2107 Hote}. JFK Assassination System Identification Form Agency Information FBI 124-10226-10413 HQ 63-7985-118 Document Information FBI STOY, THOMAS H. DIRECTOR, FBI 07/30/1963 31 ISW, JHO, ADO, REVIEW, PLETTS INSURANCE CO., INTV, CANCELLED CHECKS, PENSION FUND, AMERICAN A/O OVERSEAS UNDERWRITERS, INC. PAPER, TEXTUAL DOCUMENT Unclassified 4 Redact 05/28/1998 INDEFINITE ’ INC A/T Date: 5/1/2015
, Released, under the John F. Kennedy Assassination Records Collection Act of 1997 (44 USC 2107 Hofe;._ DATE: tl - 14-2017. , an . . . ° MM 62-4956 . . - FRED PHILLIPS of. the Registrar General's. . Depart- ment, (commonly called Registry Office), Nassau, Bahamas, has been known to the reporting Agent for a number of years | and has always been most cooperative. He was furnished a list of the various insurance companies, agencies and firms described in report of SA WILLIAM F. HOOD, JR., dated January 31, 1963, at Chicago, in the case entitled "JAMES -. REDDLE HOFFA; CHARLES W.. BRAY; ET AL" (Bureau file 63- ~7893); but found that only the following were. registered: British International Insurance Company , Ltdes } “Tropical Holdings, Ltd.;. Jonsphilips, Ltd. together with Intercontinental Life and General Insurance Company, Ltd., which turns out to be" a firm operated by 4 JOHN MICHAEL KEARNEY © FD 302's are set out concerning the registry of these four firms. PHILLIPS stated that. during: July 16-18, 1963, he had attempted to make discreet inquiries among his a contacts in the pertinent law firms as to the true | ownership of these companies but had met no success, probably because the firms are inactive and the files in the law firms would not be accessible to his contacts. . { . STANLEY R. MOIR Superintendent, Criminal Investi- gation Branch, Bahamas Police, upon being asked about TAYLOR ALBURY, STEVENSON and MOREE, officers and directors of Intercontinental Life and General Insurance Company, Ltd, stated that they were all members of the extreme a left wing of the Progressive Liberal Party and that if interviewed, the next edition of STEVENSON's paper, "The | Herald" would doubtless have a big headline about the FBI , snooping around the Progressive Liberal Party. For this. — reason, no direct contact with these people is contemplated; it further being suggested that they are merely figurehead officers in this firm which actually was run by JOHN MICHAEL KEARNEY. = COVER PAGE - DocId:32300133 Page 2
“Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hote). DATE:,21-14-2017,. 0, - . MM 62-4956 Mr. FRED PHILLIPS of the Registrar General's Department, -Nassau, Bahamas, (commonly known as the Registry Office), related that there are approximately 6,000 corporations listed in the Registry Office, probably 75% of these corporations having been founded - in the last 10 years, because of the growing awareness among American investors and operators, of the tax advantages offered by the Bahama Islands. - Mr. PHILLIPS further stated that approximately half of these corporations are bona fide visibly operating firms, whereas the other 3,000 or so do not operate visibly and many of them do not even file the reports of annual meetings required by Bahama law. Mr. PHILLIPS stated that these reports consist simply of any changes in officers, directors, capitali- zation, etc. No reports are required as to operations, finances, or employees or stock transfers. Mr. PHILLIPS further added that there is a Statutory penalty of five pounds ($14.00) for each day of delinquency in filing these reports, owever, this penalty is never imposed. Therefore, Mr. PHILLIPS pointed out, as to these 3,000 or so corporations whose operations are not visible, and who do not file their reports, the Registry Office has only a list of incorporators, officers and directors. Typically, such firms are incorporated by an attorney whose fees run from 100 guineas ($294.00) to . $600.00, the latter figure being that charged by STAFFORD og - L. SANDS, the leading Nassau Attorney.. — When such firms are thus founded through an _ . attorney's office, the stockholders, officers and directors will invariably be clerical personnel of the attorney's office and sometimes the attorney himself. The purpose, of course, being to obscure the true owners and operators of the corporation. Mr. PHILLIPS stated that the incorpor- ating attorney, of course, will not furnish any information as to the true owners of the corporation, advancing the attorney - client relationship as his reason. e © # « COVER PAGE - ANS 43-7089 DocId:32300133 Page 3
FD-302 (Rev. 1-25-60) FEDERAL BUREAU: OF INVESTIGATION EN © , 7/26/63 Date Mr. FRED PHILLIPS , of the Registrar General's Department, (commonly called the Registry Office), Nassau, Bahamas, advised that his records show that Jonsphilips, Ltd. was organized October 16, 1961 with an authorized capital of 10,000 shares at one pound each. The officers, directors and subscribers are shown as follows : -President-Director LIONEL LEVINE, Nassau ‘Solicitor; Vice President-Director BARBARA MARIAN GAMBLIN, Nassau Clerk; Secretary-Treasurer and Director ANN MARGARET BUNTING, Nassau Secretary; DOUGLAS EUGENE DUNCOMBE, Nassau Bookkeeper 3 EUSTACE GORDON CHEE, Nassau Bookkeeper. Each of the above owned one share. Mr. PHILLIPS commented that the above people are, to his knowledge, employees of the law firm of STAFFORD L. SANDS in Nassau. The articles and ‘Memorandum of Association contain: 48 "objects", the first of which is "To carry on the business of insurance agents and brokers in all their ' branches", The remaining 47 paragraphs set forth various powers to do business. The registered office of the corporation is shown as building 309, north side of Bay Street, which Mr. PHILLIPS observed is the law office of STAFFORD L. SANDS. The file further shows that as of May 16, 1962, following a meeting, the officers and directors are now: President~Treasurer-Director JOHN T. RUDDY, Nassau Executive; Vice President-Secretary and Director JAMES W. EAGAN, Denver, Colorado Executive... 7/16/63 at Nassau, Bahamas Miami 62-4956 On File # by SA ALEX G. B ° RADCLIFFE: ; jgm , Date. dictated 7/22/63 This document contains neither recommendations nor conclusions of the FBI. It ds the property of the FBI -and is loaned to 8 your agency; it and its contents are not to be distributed outside your agency. DocId:32300133 Page 4 “Released undér the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hote). DATE: 11-14- -2017. - -