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Newspaper
Seattle Star
Location
Seattle, Washington, United States of America
Date
Oct 26, 1906
Page
5
A circular from the International Policy Holders committee cautions policy holders about dubious practices by insurance companies. It alleges funds are diverted to speculation and deceptive schemes described as yellow funds, with mentions of the Mutual Life and Oriental companies.
A historical notice announces prize certificates accepted as part payment at face value with a 50 percent reduction, offering options for payments on parcels or purchases. Details outline eligibility, terms, and how to apply before the deadline.
The piece argues life insurance trust funds are exploited to back industrial interests and political ends. It claims the "Administration" seeks to control funds via a Seattle campaign run at about 100000 dollars daily, totaling over five million, with policy holder funds possibly subsidizing this effort through agency maintenance and interlocking interests.
The will of William Belond was filed yesterday for probate. The estate is valued at $26,000. Heir relations include his widow and many relatives who stand to receive bequests. Local items note hardware offers at George MH Woodhouse Co Basement Arcade near University Street.
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