The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-02-17
EQUITABLE PEACE.
Continued from First Page.

Continued from First Page
the right to vote for directors, and that
steps be takon for carrying this principle
into effect at the earliest possible moment.
"Resoired, That Valentine Y. Snyder
James W. Alexander, james II, Hyde
Gage +, Tarbel, Cornelius n. Bliss, t
Dewitt Cuyler and Chauncey NJ. Depew
be appointed a committee to arrange the
details for carrying the step into execution,
and in connection herewith the settle
ment of the allied question of indemniilca-
ton Of stockholders, and report TO the
board at a meeting to be called by the
chairman for the purpose at the request
OF the committee. not later however, than
Wednesday, April H. 1905.
The board also reelected all OF its officers
to wit: James W. Alexander. president;
James II. Hyde. vice-president; Gage H.
Tarbel second vice-president; George T.
Wilson, third vice-president; w. II. Moln-
tyre, fourth vice-presdent; William AL
eXander, secretary; r. II. Winthrop, as
sistant secretary: j. q. Van else. actuary;
Thomas u. Jordan, comptroller; ). ID.
Ripley. treasurer; w. b. Bremner. assistant
treasurer. r. w. jackson, auditor, $. c.
Boiling superintendent Of agencies; w, r.
Bross NJ. D.. and Arthur Pell NJ. D., medi-
cal directors
The following executive committee was
also elected; james H. Hyde, chairman;
James W. Alexander Gage f. Tarbell,
George T. Wilson, W. II. Mcintyre, W. A.
Wheelock, Chauncey NJ. Depew, V p.
Snyder, II. c. Deming 4. ". Krech H. c.
Prick and Thomas ID. Jordan
"The following finance committee was
also elected; James II. Hyde, chairman;
James W. Alexander, Gage +. Tarbell.
George T. Wilson. W. II. Mcintyre, w. A.
Wheelock Chauncey NJ. Depew, V. p.
Snyder, II. c. Deming, A. w. Krech, II. c.
Prick, Thomas d. Jordan and Jacob II.
Schif'
This statement was said to have been
prepared by the Hon. Elihu Root Of counsel
for Mr.. Hyde
HYDE MEN WIN on TEST VOTE.
Tho meeting of tho directors was
scheduled for o'clock. At that hour it
was found that the committee which was
appointed Il week ago to settle the dispute
had not agreed. A committee of two was
named to take up the task and they were
at work until , o'clock. when the directors
meeting proper really began. to end at $50.
First Yice-Presdent Hyde made a
speech IN which he declared that further
public agitation of the society's affairs
would be in juri OILS to the company. He
said that he had at heart the interests
of the society and its policyholders and
that he was willing to thresh out with the
other directors the matter Of mutalizing
the company. He would cooperate with
them on any form OF naturalization that
they thought wise.
Mr. Hyde said that he first heard OF the
movement against him on Feb. g. when
President Alexander went into his Office.
laid the petitions OF the company officials
on his desk and walked out. Mr.. Hyde
said he considered that a peculiar way
to start an agitation Of the kind
Mr. Hyde's speech, one of his friends
said afterward, was calculated to allay
any suspicion on the part of the policy
holders that efforts were being made to
prevent them from gaining the power to
vote.
After Mr. Hyde's speech one Of his party |
offered a resolution not only providing |
for naturalization, but naming the COM
mittee to do the work. II was seen that
the Hyde forces would have complete con- /
troll OF the committee, and one of the Alex |
ander party objected 70 the resolution, |
on the ground that the committee should b. |
named 10y President Alexander
The resolution was put to a vote. and I
the Hyde party carried it by Is TO II. i I
was said last night that if a proposition of /
more importanc to the Hyde intcrestA I
had come to a vote, Mr.. Hyde would have /
been able 10 control IS Of the AZ directors /
present
There had been a deal of gossip in Wall /
Street and insurance circles earlier in the /
day, TO the effect that an attempt would be
made to elect Edward II. Hartman pres-
dent OF the society in place of Mr. Alex
auder but when il came TO the real election
the Hartman element was not visible
DEPEw's SPEECH THE FEATURE
Senator Depews concliatory speech was
the feature Of the day. He made plea TO all |
the interests represented 10 forget business
and personal differences and to stand to-
gether for the welfare Of the society. He .
impressed upon his fellow directors the |
importance Of public confidence in insurance |
companies and asked that tho board APP /
proach the matter in spirit Of conserva- /
tism. Mr. Depew, who has been counted .
as one Of the strongest adherents of the .
Hyde party, declared that reprisals would .
BE- di~advantageous. The board, he said
should get together and avoid squabbles
and undesirable publicity.
Senator Depew's speech is said 10 have
had a remarkable effect and TO have been
largely responsible for the reelection. n
few minutes later. OF the entire board of
officers
The mahogany doors OF the directors
room opened at 1870 p NJ. and the members
of the board began TO come out one by one.
Tie corridors and balconies OF the second
floor of the Equitable Building were crowded
with newspaper men and employees. who
were wondering and gossiping as to the
result.
Mr.. Hyde samtered calmly out at O'Clock
putting n cigar. He wore his customary
attire Of high hat, black frock and bow
tie. he might have been at the Horse
Show. SO unconcerned he seemed. He
went alone into MS Office and closed the
door
glance at the makeup of the executive
and finance committees, OF both Of which .
Mr. Hyde becomes chairman, makes it .