The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-02-16

4 Il.
NJ V II, ' isarrssi slnlps
isn,1sn tes a5las' iiins 4
Si,tninrt: Maxwell lien IuRi,n,g oi N.
s sbl'innasnt '9 panewti ,ipe!iftme,it;
IsrNtiSGjrh. II. 81 Doug y, o ~
f6fnirs, Hid ,lonics TIC coolest Ions ~. ~
h5Saap sssuriS
4 dSnn rtt,,snt, aud lS, III johnson. iiiortl..afy
u REGISTRAR 81 "a VI il
History Of Trouble. 5sa
behind This conflict fcrSrsontrol OF nn ", ~.
s.iitio % almost !, ~ tj,e
ono expiannti5n. Petty jealousy, On !, =
* ;iiyothc, nn,i tile reason Is SGT lptl !, w ~.
ttefesumption OF po~e YOU'VE = lns
!cxpetiencca H. tl,c M 1nTnirp ahead
tuihr aetr,neiit Of friends :. o,,,s
exec,,tiyc, Mr. Alcxanlri'. Tie A,ht,,er "
NJ nnScr ~ influence lies iii lfs tolttSo ~ -
n inc superntendcnts OF :, Y, ,a,.s
Is Ss.a cur IL bs,,Is s'sn'
\, 5,rhrpijphf i1c peiIoits of Mr.. ilyues ','s y.
,r,1nnrt.,nre III SVilirin A. A1clntxr3c' rs
fourth lent OF the Euul,a nie n ~
Of Nvinth9,p ' Snr n i ,heiast Two
5nr fhrec wears. Mir NlcIntyre nus b &c,
,,,n,la director invaious q the Y, ,1ui
able's subs idiarSi y, -
q meanwhile George .s IsS.
PRESIDENT WHO'S d 3favorite o. i, u, T.,
nnrlef. III fact developed from m once IVY
III MI. Alexnnder's office. has been pi ,II y.
imS8charge of tic Ed'iitabl p',sl ''S y,
4 abroad and with ;l8&curtnil,msn. ~, q, ~
nucncc in the affairs or the home p1'' Y "
Freezing Out Process.
ST. Mr.. Alexander and those close 20 mn =,
have Tealycd. OF. believed they Icttllz,,.,Ii'
Is acknowledgements Iores ~ ti
mate freezing out Of the Nh
tingent Many pointed 3 va mmtiI d Very
ia IA lay 10 advocate the ln'it
Of lie tI0nltable and the harn,tl'i s,i Nhn
,lpnn The society Of the
Of its 100000 capital BY ne yut nd With
M Iatriitnbln almost from tho tins OF
dts beginning in lSo''. 81, &. ~, t1A.il-
@IIcnry B. hyde. Its founder, md jNN II
gliatn r. 1'rewer Jr lintll receiiIls =, ., -
dent OF the lung t% q, sa,cd WITH
&thc Mutual Life. Prior " tle y,
isn7 Y Id ! laws governing life Insurance.
were ia a bad condition h y a'W Ny,
been credited 10 the tuencc q. ny
uai Life that tho instra nee fo,.
changed that IT made It comp SOY SOY Z,
newly organized company to deposit
n s1O0rhn in govcrl,inent3 bonds Win TIE ~.
surAnce department was ms q, y, S
resulted in the Equitable ana " - w ~
81 ,,fe becoming stock conll2an N,
.-7 ht Il : forr1a ton MI. Henry b. ltyue elo
}not control ths Equitable, in fact liis IN
terests wcre9Vcry small nut ho colis.
increased his holding until Ie om VIM ma
iv.ol,e per cent. Of tAc societHs capllil tlie
same SO shares that are nov held !. nN ms
so,l 3, i, ,mcs RI Hyde, and the lhtls ;
mother and sister Mr.. Alexander, + llnu
never raised a,l, objection 70 the hiilo i ~
stock until or quite recent dalc.
Nav, His AFFECTION atogthe continuation OF
t3,he Eo,jtnblc us a stock COMPANY I1itfer
Than a mutual association Is -, ~
Ire aggra ndizctnent of power ailu ro' ~
by james H. Hyde ~ - niso ta,,a ,,nrs
8i,ron thc presidency of the Equitable.
tsf T'hnt there has been n strained felalin,i-
shin between Mr.. Alexander ana I. /; MI Il
HYDE FOR several months is now p .isiI,
property In seeking a
i ~ IN E,nuitabls, Mr. Alcxander's CON
8trrt.rn at; that this charge must mil I'LL
s,nntelv he made. He argues, SO " Is
said, that policy holders II the ~ u =. Az
do MOI. share 70 the same ~ M
those III the Mutual Life and ntnef M au-
$i,,n + organizations and that tins =, rs III
hat riment 10 the business OF inc lIqulil-
IN bic. Mr.. Alexander IN l1Pholdins MS III
g,rnent points to@tne society 5. p.ss. nv
position in !, w. s,,ess
under /, Temporary Injunction, when e AZ. M.
Aiexander fears, will ultimately pc MS us
missed by the Supreme eoui'.
is5 Trouble in Wisconsin,
5.rho WISCONSIN authorities hold that the.
A1,dnitable rs Il corporation should SET
aside out Of its surplus fund Il snthclen.
sSHnu,int to he devoted 10 the purchase 2,
outstanding insurance, al ui q ~,
acquisition Of capital stock. Us iearSia
That other States will follow the seNanpl le
$orsNtsconsin. By the '.mntualization' Of
Tho Equitable, Mr. AlexandershndE ms SUD
\ no,.tcrs could thus offset the influence OF
g AIY. HYDE and ibis 3tlfty-one per cent OF
y holdings. !, !. s, q, y, s., =,
that MS and his famiy's $40 shares arr! ar,
limited to seven per cent and that the
EuuitHhic policy holders share ~ ms ana
that he has never attempted 70 aict ~.
lanylpolicy ana that MI. "A lcxandor has
rested content for, nearly Two score years
under the present condltions.'ff
s33l In many quarters wondcrnlent was en-
pressed that Mr. HYDE, with MS control
RESIGNATION OF those who had affixed their
a signatures to the petitions IN protestation,
or his recollection as Nicc-president and
4 urging, against Mr.. HIDES and his fami'
lys interests that the st.aultap!es , os mae
said that Mia. Hyde, realized that the
business Interests Of the society would be
irreparably injured by such retaliafoiy
y move ms the signatures represented men
Z, ~ hose control &of bushes made their re-
moval impossible.
Mr. Hyde was determined yesterday to
3&thwart every plan OF the Alexander FAC
Etion. When the various conferences with
directors was concluded 1t WAS said that
q Mr.. Hyde felt that the maj orty Off the di-
rectors sustained him in his position,
& and that he would defeat Mr.. Aiexander's
GENERALIZATION" plan az well as the Of
n fort, r. one was made, to prevent his rc-
election 10 the first vice-ptesidency Of the
society. l4lt asAy
Contrary 10 this. thcretnarli' was made:
'''rhe naturalization of the Equitable must
~ come.
WINCHESTER IN LUCK,