J Reléased under the John F. ‘Kennedy Assassination Records Collection “Act of 1992 (44 USC 2107 Nate el. DATE:, 11-14-2017 * ‘ August 23, 1961 September 1961 September 1961 September 8, 1961 September 11, 1961 September 19, 1961 September 20, 1961 September 29, 1961 Doclda: 32329636 Page 43 Bray wrote Wright confirming that Resolute was going to "front'' the IBT bonds. Attached was an offer from Resolute for United Bonding to parti- cipate in 25% of the reinsuring and that others would be Houston Fire and Central Casualty with "premium to be determined." This same provision appears in agreement with United Benefit and gives just- ification to underwriter to delay excess premiums. Bray's letter states that Central Casualty will handle all of the reinsurance money claims, etc. Central Casualty and United Bonding are cancelled by Resolute for reinsurance retroactive to July 15,1961. (the date Resolute came in). Resolute tYansfers agency from Oxford. to Titan (Schwartz, Oxford Pres.; Weiner, Titan Pres.) Hopps and Birrell indicted in New York with Louis Kovel, Lorretto Chooljian, aka Lindhauser, for evading personal and corporation taxes in regard to operations of Leduc Petroleum, Ltr., Doeskin Products, Inc., and Atlantic Brokerage Corp. of Nevada. (Hopps had been indicted in Baltimore. At one point, at Bray's request, United Bonding wrote a $17,500 bond on Hopps. It is not known whether it was in relation to this charge.) Bank examiner at Guaranty National notes that Central Casualty stock, collateral for $150,000 loan Homer Bray Service, Inc., has book value of $1.6), and that "company account here, balance $1,811.7k3;" "have also secured a $100,000 C/D for us. Funds to pay of f $150,000 at First National Bank and Trust of Evanston." "Purpose of loan'to purchase stock in Central Casualty." Another note of examiner states: "Bank pays draft on his (Bray's) account in which there is no © balance, then notifies him and he deposits enough to clear out drafts. Has personal account $1,800." Bray gave Gerber check for $392,725 made out to Central Casualty which Gerber deposited. (see December 31, 1960) $390,000 was withdrawn from Central Casualty and put into Homer Bray Service, Inc., Hopps surrenders in Chicago on New York indict- ment charging evasion of $1,23,906 in taxes.
Released under the.John F. Kennedy Assassination Records Collection Act of 1992 (44 sc 3107 Wates. - DATE: °11-14-27017 | O . - 90 = 1e Tt - October 1961 Hillary Volin, son of Louis Volin, said Weiner spends most.of his time in business deals with the racketeers. October 25, 1961 - _ On petition by $.E.C., Federal Judge Miner enjoined Central Casualty from taking control of i ' Professional Life and Casualty Company through an exchange of stock. Harold J. Craig, salesman for Professional, Charles Bray, James Bray and Homer Bray Service, Inc., planned to acquire Profes- Sional in an exchange of 3 shares of Central Casualty for one Professional. Craig induced Professional shareholders to put their shares in an escrow ataount at Guaranty. Homer Bray Service, Inc. would then : match each Professional share with 3 Central Casualty. In this manner, Central Casualty got 50% of Professional but Professional's management refused to transfer the stock. Central Casualty did not register with the 8.#.C. and the §8.#.C. said the transaction was an "offerings" and needed registration. Judge Miner agreed. Professional's management complained that the exchange was not a fair one and that manage- ' ment had no knowledge of it. Bray filed statement i that his group was abandoning their attempt. October 61, November Tolls calls show: Weiner was in contact with Lou Morganstern of Hartford (Resolute Insurance Co.); Sammy Kaye in Miami and Rio de Janeiro; Bray in contact with Fidelity Bakers Life Insurance of Richmond, Va. November 1, 1961 Houston Fire cancelled as reinsurer or the Teamster Bonds. November 1, 1961 , Resolute becomes the only cazrier of the first $100,000 and the reinsurers on the excess $667,000 through Stewart Smith, New York City are: 73% Lloyds of London 5% London and #dinburgh Insurance Co., Montreal LG Institutional Insurance Co. of America ; 3% Cotton Belt Insurance Co., Memphis 15% United Benefit, Omaha November ? 1961 Pat Nolen resigned at Oxford; Stroming no longer with Oxford. November 1961 Bianchi allegedly il] and away from Central Casualty; due back first week in December. November 1961 Guber ordered Bray to sell within 60 days real estate owned by Homer Bray Service, Inc. in Alberquergue, New Mexico; the proceeds were to be x oh AS S meat” no | Docld: 32329636 Page 44
Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hote;. DATE:, 11-14-2017 . : © a O used to reture certain insurance contracts Gerber thought questionable but the order was not complied | with. Berber thereafter ordered Central Casualty to cease operations. November 1961 Keith Pyle, Vice President and Director of United | Bonding, advised that Homer Bray owns 1500 shares of United Benefit, Central Casualty owns 3000 shares. United Bonding's total shares are 220,000. In bonding, each agent must submit weekly report showing bonds issued and checks for the Buildup Fund (an escrow account of 1% of the total amount of the bond) and the Premium Fund (2% of the bond amount). These must be paid by an agent to Central Casualty at the time he advises the office that he has written a bail bond. November 1961 Pyle said (Omaha FBI report to KC, USA) United Bonding has been displeased with its surety bond operation and is taking steps to sever all connections with Central Casualty Company and any business relating to security bondss United Bonding had set August 1, 1961 as the date they would cease but Central Casualty had been unable to get another company to take United Bonding's place and the date had been extended to January 1, 1962. There was an agreement that Central Casualty would have 100% liability on all bonds dated after July 1, 1961 and United Bonding would get a percentage for the use of its name. (Evaluate this in light of sub- sequent events!) His agents are not allowed to write bonds for more than $10,000. United Bonding can write bonds up to $66,000. Pyle believed that some agents did have blank powers of attorney. November 1961 - (From FBI bonding report to Organized Crime) Charles Grant of United Bonding in Denver said that * Helmich, who was a contact in the Teamster bonding matter for Stuyvesant, was reported to have been brought into United Public Insurance Co. of Indian- apolis by the Cleveland mob who used the Trans American Agency. Schloss, president of United Public Insurance Company, hired an ex-FBI man named Miller to investigate and, when the hoodlum influ- ence was discovered, sold the’ company. United Bonding reinsured United Public Insurance Company reliability on existing business so the company could end. Grant heard that Summit had been set up by . Guzik (then mob treasurer) money from the racketeers. Reserve bought Summit about 1956 and hired Bianchi. uy Doclda: 32329636 Page 45
fReleased under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Hotey. DATE: 11-14-2017 November 1961 December 21, 1961 December 1961 December 31, 1961 Doclda: 32329636 Page 46 O -. 9 _- 32 - . Harvey Rubenstein worked under Bianchi, then went to Stuyvesant as Vice President. Bianchi allegedly went to Rubenstein for a job after Summit folded but Rubenstein would not hire him because he was suspicious of the hoodlum ties about which he (Rubenstein) had heard when he was at Summit. Grant also said that some bondsmen wwere os writing in the amounts on United Benefit forms which is unheard of since the amount is usually printed on it by the company. Grant said the sources of his information were Harvey Rubenstein, George Miller, Frank Wright and Robert Smith. Smith, now with LaSalle Casualty Co., Chicago, told Grant that when he worked with Summit his home was burned down and his children threatened as a result of his not cooperating with the hoodlums element connected with the company. | Ross et al sold their interests (acquired 12/60) in Guaranty National Bank to Dee Jay Stores, a sub- ‘sidiary of United Star Companies, Inc., an interest of Mike Goldgar of Atlanta, Georgia. Goldgar through another subsidiary, Caribbean and Southeastern Development Corporation, controls the Bank of Miami Beach, Miami Beach, Florida. President of Guaranty is Louis Corrington who is also a director in the Bank of Miami Beach. Minority stockholder is King Korn Stamp Co. Purchase price was $798,000 representing 1,000 shares (51%) at $57 per share. American National Bank and Trust Company of Chicago holds the 1,000 shares as collateral for a loan to Dee Jay, balance $77,750 due i/10/62. Present status of loan not known. . (While Ross in control Joey Glimco had $252,000 IBT account - account now closed. Ross once had given Glimco dealers discount in Jacguar for Glimcots daughter.) Oxford Agency (Schwartz, Stroming, Weiner) and Homer Bray Service, Inc. closed their account at Exchange National Bank. Burks eesigned as chairman of Central Casualty. Oxford shows surplus of $52,176.10 but $19,834.61 is pledged to Exchange and was applied u/