The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-11
ATTACK MADE ON
UTAH COMPANY
Montana Insurance Men Attack
Continental.
STATE AUDITOR IS ACCUSED
EXPLANATION MADE By ATTOR-
NEY FRANK PIERCE.

Helena. June 10-On the application OF
counsel representing the general agents
or eight leading life insurance companies
operating in Montana. the supreme court
today issued au alternative writ or man
date compelling State Auditor j. d
Continental Life Insurance d investment
company ot Salt Lake, or snow cause
why he has not done SO. The VIII was
made r5turnable Monday
ID IS alleged I'm the application Tor IAe
writ tnat the company has NOT cQupilEu
aiLl the laws Of the state ana LHaL liie
state auditor, who ls tle Heao Of the le-
paEueut Of insurance OF LAe stdte. io uli-
lawfully using his O1flce % Iuflnef tHe
interests of the company. ~ ls charged
thaJ lIr. Calderhead IS slOcEn0ldcr ana
director of the Salt Lake company ana
that as head OF the insurance depart
meut of the state he mas ISSUED 10 tLaL
business I'm the state when DE knew tnal
the company was noe complying WIN inc
laws Of Montana
Conspiracy Is Charged.
10 is alleged that Mr. Calderhead has
issued letter recommending that COM
pauy which letter is being used LOT
advertising purposes, together with a rae
6imiie OF "a check plrporIuB 70 repre-
sent the first payment 1n q po4lCy taken
out Of the company by him. It. Is
charged that on or about May "a tuefe
were on file in the office Of the state
auditor letters ana copies on letters pass
ing between Mr. Caiaef leaq anu {Ie
other officials Of the company az san
Lake from which 10 appeared that Gale
deThead was Cuuspiriug WITH the OLlef
officers of sald company 20 eFa4e Sle
CaIderhead sent out all Of this cores
pouCence TO salt Lake or 10 some point
without the state for me purpose , lJ IS
alleged of preventing PC from b5lLs
used as proof in any action thar might
bc commenced.
Special Contract Written.
The charge is made that the salt Lake
company makes a. practice Of giving
special contracts Tor insurance III or 80
violation of the law enacted 9y the
Montana legislature i'm March. 1903.
state Auditor Calderhead claims he has
U1 knowledge of violations OF Lhe "a"
by the salt Lake company tte says re
made application Tor q pQi+cE pm tNS
compauy but afterwards withdrew IT,
Nh CaIderhead is "a Populist and was
elected state auditor On the EuslOn TICK
al four years ago.
Frank Pierce. attorney for the COM
pauy. said last evening Inc had not l5-
ceived copy OF the conplall-, TX
thinks from what little he mas peeh
able TO learn of the trouble IA MOI
Jana, that it arises from lhe spe ,-I
board contract of the company. Iue
company appoints prominent men IT'D az
f1eeut places 20 look AFTER It's interest,"
1T writes policy for those men, wn ...-I
contains certain concessions not gwen
the REGULAR policy holder IL ls LldL
point Attorney Pierce thinks, that the
other companies doing business i'm Mon-
tala object 90.
C0mmeuting further upon the matter.
the local attorney said that courts nave
held that the clause or concessions pm
question are not violations or the law
that the attorney general OF COLORADO ha7
So held when the matter was br0us lJ
10 his attention Tt is regarded as d
G.6vernor Heber Af Wells is president
OF the COMPANY When asked. last even
iuE FOR an explanation of the trouble
le referred the matter 10 Mr Flerce'