The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1905-04-21

tracted session behind closed doors, the
two hundred or more general agents
of the Equitable Life Assurance Socie-
ty today adopted a resolution calling
upon Vice President j. III. Hyde to re-
sign from his position with the organt-
zation and appointing committee OF
five from their number to call on Mr..
Hyde and present the demand.
When the meeting of the agents ad-
Aiourned tonight this committee had
not called on Mr.. Hyde, neither had
they reported to the convention.
The agents went into session at l.
O'Clock and it was B O'Clock before
recess was taken for luncheon. During
all the time loud talking and occasional
Interruptions of speakers indicated
that there was warm debate over
some question under consideration.
Later it was learned the discussion
concerned the Hyde resolution and its
construction.
When the recess was taken Mr.. Hyde
was Informed that the committee Of
o'clock. At $50 the committee had not
appeared and Mr.. Hyde lett Tor nome.
Mr.. Hyde said:
- have not seen the committee anc
| have not seen the resolutions, but
consider them impertinent, eXtraOrdlna-
ry. insulting and most preposterouS.
lave no intention OF resignl1S.
1t was almost hall past four when
the agents again went into session anu
the latter part of the days meeting
was from all indications more peacefui
than earlier in the day. 1t was sald
that at the earlier aSsemblage all put
seventeen of the agents had voted tc
request Mr.. Hyde's resignation, and Iii
support of Mr.. Alexander. The mum
Der voting for the resolution is SAID to
be one hundred and ninety-three. The
committee of five appointed to wait on
Mr.. HYDE is composed of Charles j.
Wake. New York; Frank Levy, New
Orleans, La; c. J. Edwards, Brooklyn,
n Y: W. ]. Reddy, South Carolina.
At the latter session and while
awaiting the appearance of this conf
mittee. Il permanent organization was
formed and committee was elected TO
go to Albany Friday to petition the III
Surance commissioner and Governor
Higgins to urge the naturalization OF
the Equitable 1t was after the ap-
pOintment of this committee that 1t
was decided that it would be advisable
to form Il permanent organization, and
the following committee on permanent
organization of Business National AS,
sociatiOn of Managers" was named:
c. 7. Edwards, chairman: +. a. Woods.
PittSbure: A NJ. Shields, San Francis
co: J. s. Kendrick, st. Louis; *. l..
Hart. Philadelphia: F. L. Levy, New
Orleans: F. H HaZleton. Portland, Me-:
Z. l.. Foreman. Atlanta; A. c. Haynes,
New York
A committee was named TO bring
President Alexander and Second Vice
President Tarbell before the conven-
ton to thank them for the hospitality
received at their hands. When the
committee appeared with Mr.. Alexan-
der and Mr.. Tarbell they were ap-
plauded.
Mr.. Alexander said that he could
not express his great pleasure and love
for the agents who had so magnificent
~ upheld his action. He pledged the
managers his utmost diligence in
guarding their interests. :
Mr.. Tarbell paid Il tribute to Mr.
Alexander. whom he stated had prov
ed that he would rather be right than
president, but he was right and was
president and would be president as
long as he desired to be-
Both men were cheered.
Samuel Untermyer. counsel for Mr..
HYDE, made statement today con-
cea.ning the James III. Hyde and asso-
ciates'' syndicate transactions. Mr..
Untermyer said in part:
= These transactions tell their own
story of the equal interest and partici-
patton of Mr.. Alexander. The trans
actions were entirely legitimate, and
there is no just ground for criticisiEg
Mr.. Alexander or anybody else for
being interested in them.
There were other like operations Oh
this same syndicate such as the Inter