The Birmingham age-herald., 1905-06-23
JEROME TAXES UP
 EQUITABLE CASE August Belmont Resigns as Director of the Society DEAD MAN DRAWS SALARY Four Men Are Found to Be On Pay Rolls of Society Who Resigned
 Many Months
 Ago.
DEAD MAN DRAWS SALARY

New York, June 22.-Following the pub llcation of the report of Examiner of Insurance Hendricks as to the affairs of the Equitable Life came the statement that District Attorney Jerome of New York county has undertaken an inquiry into the conduct of the society.
 August Belmont has rendered his res- ignation as a director of the Equitable.
 Assistant Attorney General Julius M. Meyer arrived here from Washington to- night and' will remain in town several days Investigating Equitable affairs. In an interview tonight, MT Meyer said:
 Ut is manifest that the people through out the country are interested in the af- fairs of the Equitable Life Assurance society. Therefore l think it fitting to say that appropriate steps will speedily be taken by me.
 "First-To accomplish the return to the Equitable profits wrongfully made or re- tained by reason of trust relations or otherwise.
 "second-To debar from holding office in this company any person who has been fathless to his trust or who has violated any provisions or law.
 'eThird-To obtain an accounting for any waste or any misapplication of funds for any reason or by anybody.
 There are certain other matters of im- portance which 1 am studying, but which 1t would be premature to refer in detail. It might be, for instance to the interest of the policy holders to learn the char acter of and the occasion for some of the legal services paid for during the past few years. But above all, inquiries as to alleged delinquencies. The greatest necessity of the situation is that the rights of the policy holders in all re- spects be ascertalned clearly and as com pletely and as quickly as is legally pos sible. In this and other particulars shall try my best to obtain results.
 Dead Man Draws Salary.
 If any crime has been committed by anybody that situation is manifestly for the district attorney.
 Attention was directed today to the fact that four of the Equitable officers mentioned in the report of State Super intendent of Insurance Hendricks as drawing salaries for the last five years, are no longer actively connected with the company; E. l.. Lambert, with a sal ary of $25O0O a year. He died thirteen months ago and yet, according to the table, his salary was paid this year and last. Edward Curtis, who figures as a medical director at $15,000 a year, re- signed that position eighteen months ago. George II. Squire, who is now a direc- tor of the company is down on the list as financial manager at s12'0OO year. although H. R. Winthrop succeeded MT. Squire as financial manager many months 1 ago.
 J. B. Loring is recorded as a registrar, with a salary of S350O year. MT. Loring l ceased to perform the active duties of the registrarship in April, 1903. Officers of the society today said that possibly Mr. Hendricks had gotten hold of an old l list.
 1 District Attorney Jerome today reeeiv- ed a telegram from Superintendent Hen dricks stating that an official copy or his report on the Equitable society had been forwarded as requested.