The Montgomery advertiser., 1905-04-20
HYDE ASKED
 TO GET OUT His Resignation Has Been
 Requested. GENERAL AGENTS FIRM Equitable Official Gives De- liant Answer. Permanent Organization of Association of Managers Formed--state-
 ment as to the Natural
 ixation Project.
GENERAL AGENTS FIRM

 | Eouitable Life Assurance Society today adopted a resolution calling upon Vice. | President J. H. Hyde to resign rom his position with the organization ana | appoint ting a committee Of nve From i their number to call on MT. Hyde ana present the demands.
 When the meeting Of the agents was adjourned tonight this committee had not called on Mir. Hyde nor had they reported at the meeting. It was the | general opinion that the committee | would report tomorrow. Current tax l had 1t that the resolutions had oeeA | mailed to MT. Hyde with comments but this was not officially confirmed The agents went into session at IT | o'clock this morning and 1t was o'clock before a recess was taken Tor lunch. During all the time loud talkT ing and occasional interruptions or speakers indicated that there was warm debate over some question un- der consideration. Later 1t was learn ed that the discussion concerned the Hyde resolution and construction. This resolution the secretary of the agenta would not give out until notihed by tna committee of i've that copy had been served on Mir. Hyde.
 when the recess was taken Mir. Hyda was informed that the committee of agents would reach his oftice at | o'clock. He awaited it's arrival in company with his personal counsek Samuel Untermeyer, Winslow s. Pierce and w. c. Gulliver. At 5:30 the com- mittee had not apeared and Mir. Hyde with his counsel left the office of the Equitable. Mr. Hyde said: VIII Not Resign. q have not seen the committee ana I have not seen the resolutions, put \ consider them impertinent, extraordi- l nary, insulting and most preposterous. have no intention of resigning. It was almost 4:30 when the agents aes,n went into session and the latter l part of the days meeting was from all indications more peaceful than I aa riier fn the day. It waa said that in | the earlier assemblage all but seven- | teen of the agents had voted to request Mir. Hyde's resignation. and in support of MT. Alexander. The number voting | for the resolution Is said to be lSS- None of the agents and neither of the secretaries would either affirm or deny 1 this statement, but there were several wordy squabbles over accusations made that some one had given out the infor- nation.
 one of the developments of the late session was the adopotion of the fel- lowing resolutions:
 "Whereas it has been consistently suggested in the public prints that the agents for the naturalization because they seek to acquire full or partial control of the society by acquiring proxies; therefore be it
 Resolved, That we, the general agents of the society in convention as- sembled, hereby declare that we do not ask nor will we seek for ourselves for any part of the control of the Equita- ble, but no demand, through the pol- icyholders, this shall be so vested as to best conserve their interests without the confidence of whom we cannot ex- ist in this business"
 The Committee.
 The committee of five appointed "a walt on MT. Hyde includes Charles Wake, New York; Frank Levy, New Or~ leans; c. J. Edwards, Brooklyn; JoE~ eph Bowes. Baltimore and W. J. Rod-s dy, South Carolina.
 At the later session and while await ing the appearance of this committee permanent organization was formed and a committee was appointed to go to Albany Friday to petition the tn- surance commissioner and Governor Higgins to urge the naturalization of the Equitable.
 1t was after the appointment of this committee that 1t was decided that ie would be advisable to form a perma@ nent organization, and the following committee on permanent organization of the national association of managers was named:
 c. J. Edwards. Chairman; E. Aa Woods, Pittsburg; A. M. Shields, San Francisco; J. s. Kendrick, St. Loutsi R. l.. Hart, Philiadelphia; F. l.. Levys New Orleans; F. H. Hazelton, Port land, Me; R. l.. Foreman, Atlanta; Az c. Haynes, New York.
 A committee was named to bring President Alexander and Second Vice President Tarbell before the convention to thank them for the hospltauty re- ceived at their hands.
 Some SpeeehmakinE.
 When the committee appeared with MT. Alexander and Mir. Tarbell thex were applauded
 MT. Alexander said that ne coulS not express his great pleasure and love for the agents who had so majestically upheld his action and had expressed their confidence in him. He apprecia- ted the actions so highly that he would be ever true and loyal to the policy holders and managers and he pledged the managers his utmost diligence In gaurdinG their interests.
 MT Tarbell spoke of his apprecia- ton for their action. He said that he would endeavor in the future to merit their esteem, he would conserve theit interests and he would stake his rep utation that the fight they were en- gagged in would be successful. He closed by paying a tribute to MT. Alex ander whom he stated had proved that he would rather be right than presi- dent. but he was right and was presl- dent and would be president so long as he desired"
 Both men were cheered.
 Second Vice President Tarben today denied a statement made by Henry H. Knowles, formerly superintendent of agencies for the Equitable in which MT. Knowles said that MT .Tarbell was at the bottom of the Equitable troubles and that he had entered into a compact to oust Vice President Hyde and succeed President Alexander when the head of the society retired.
 When asked what he had to say about the Knowles statement Mir, Tar- bell was highly indignant. He said; Ee..-.Al-.....a ~ N.L.A.A !