Herbert G. Shimp,President of the American Conservation Company,Washington,DC

Title: 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
Creator(s): Harris & Ewing, photographer
Date Created/Published: [19]39 December 20.
Notes:
Title from unverified caption data received with the Harris & Ewing Collection.
Gift; Harris & Ewing, Inc. 1955.
General information about the Harris & Ewing Collection is available at http://hdl.loc.gov/loc.pnp/pp.hec
Temp. note: Batch five.
Subjects:
United States--District of Columbia--Washington (D.C.).
Glass negatives.
Bookmark /hec2009014551/
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