The daily morning journal and courier., 1905-06-29
NEW DIRECTORS FOR
 THE EQUITABLE LIFE
VACANCIES MADE BY RESIGNA-
 TI0NS ALL FILLED.

Men Chosen by Trustees of the Majority
 Stock and Quickly Elected by the
 Board-Trustees Issue Statement Ur-
 gently Inviting PoIicyhoIders to Co.,
 operate in the Work of ReorganizaF
 ton.
 New York, June 2S.-Grover Cleve- land, Morgan J. o'Brien and George Westinghouse, the trustees of the ma tjority stock of the Equitable Life As- surance society. took the first step in the reorganization of the society to-day Iby accepting the resignations of all the directors wlio had rendered them and in forwarding to the board of directors 1.-the. names of nine prominent citizens, representing the interests of the stock holders, with the recommendation that they be at once elected. The recom-
 mendation of the trustees was inmedi-
 ately complied with and the following gentlemen became members of the di-
 rectorate: E. B. Thomas, Fl C. Bourne, J. E. schmidlapp, Frederick Roebling,
 William Whitman. E. W Blooming dale, E. W. Robertson, Joseph Bryan and J. J. Albright.
 The board also accepted the resigna- 1 tions of all but one of the directors who 1 had resigned, the one exception being James B. Forgan, who withdrew his Designation, which is held in abeyance. The other twenty-one directors whose lresignations were accepted were Cor tnelius N. Bliss, George H. Squire, M. B. Ingalls, Charles s. Smith, Brayton Ives, A. J. Cassatt, E. H. Hartman, Jacob H. Schiff, James J. Hill, T. Jefferson
 Coolidge, John Jacob Astor, Henry c. Prick, Marvin Hugitt, John A. Stewart,
 M. Hartley Dodge, Alfred G. Vander-, bilt, August Belmont, D. o. Mills, Rob- ert T. Lincoln, John Sloane and Joseph | T. Low.
 | Of ihe gentlemen whose resignations were accepted all had been made known before except those of George H. 1 Squire, James J. Hill and Alfred G. Vanderbilt That these gentlemen had l sent in their resignations was not
 known until the fact of their accept
 ance The names of President J. w. l lAlexander and Vice President I. H. Hyde and Messrs. Tarbell Wilson and 1 Mcintyre are not in the list of the re- signed directors, they having only re- l signed as officers of the society. All the new directors are to serve l out unexpfred terms of the directors whom they succeeded, the trustees to name later just whom they succeeded. l All of the new directors are policyhold- CTS in the society and they become members of the board as representa- ltives of the policyholders. They con- istitute the first nine members to be
 elected out of twenty-eight by the pol Iicy holders, the other twenty-four to
 be elected by the stockholders of the society later. @r
 l The trustees also issued 8 long state-
 ment to the policyholders, urgently in- viting their cooperation in the work of reorganization. A long statement from James H. Hyde replying to the ih'thiStuASo SoltNSySu HI ttlG EGpUfJ UI l State Superintendent of Insurance Hem
 dricks was read at the meeting of the directors.
 At the conclusion of the meeting of tthe trustees MT. Cleveland left for
 Buzzard's bay, where he will spend a fortnight fishing with Dr. J. D. Bryant | and E. c. Benedict. It is not likely l that there will be another meeting of I the trustees for a fortnight.