New-York tribune., 1905-02-17
ITS OFFICERS RE ELECTED.
Continued from first pnge.

would be better to elect him for another term.
by which time many things would have become
clear. While the argument was going on one
of the Hyde men offered a resolution that
committee of seven, whom he named, be elected
| to confer on the naturalization plan and report.
Over this the arguments redoubled. The Alex
ander men contended that having the commit
tee named by director was improper, as such
| procedure should be left to the president.
Finally it was put to VOTE the only vote
taken at the meeting and the Hyde strength
was shown by the result, % to II.
Then Senator Depew began his appeal for
harmony. He urged both sides to forget their
differences and sink all personal feelings in
consideration of the welfare of the Equitable
| If the wranglings and chickering's were continued
| they would result in prejudice against the
company which it would take years to wipe
! out. He hoped the board would consider this
and approach the discussion of naturalization
and the election of officers with view to the
welfare of the concern in which they were all
| so deeply interested. Any attempt at reprisal
for fancied wrongs would assuredls work much
| harm.
ALL THE OFFICERS REFLECTED.
| The nomination of officers and their election
| followed Senator Depew's speech. which made a
great impression all the directors There
was no opposition ticket. The present officers
| were unanimously reelected. Reports that E.
II. Hartman had been put in nomination for
| president against Mr.. Alexander were contra
dicted after the meeting. He would have been
| the Hyde candidate if there had been contest,
| it declared.
| When the directors left the board room al
most every smiling. The first to leave
| gave the verdict.
| Everything harmonious"
Jacob H. Schif fingered to say that Mr. Hyde
| and all the other officers had been reelected.
| Everything was harmonious, and "the mutuah-
| zation plan would go through. though in a mod
| fled form"
| Mr.. Hyde on the way to his office. wreathed
| in smiles said that they had settled all differ
| ences and healed all wounds" Every one, from
| President Alexander to the humblest subordi-
| nate, would pull together for the benefit of the
| company.
| The following statement prepared by Elihu
| Root, was given out at Mr.. Hyde's office
| At a meeting of the board of directors of the
| Equitable Life Assurance Society Of the United
| States, held at it's office. No 120 Broadway,
| at 2 p. M. February 16. 1903. the following
| resolutions were unanimously adopted;
Resolved. That. in the opinion Of the board,
| the policyholders should be given the right to
vote for directors and that steps be taken for
carrying this principle into effect at the earliest
possible moment.
Resolved, That Valentine P Snyder. James
W. Alexander, James H. Hyde. Gage E. Tarbell,
Cornelius N Bliss. T. Dewitt Cuyler and
Chauncey NJ. Depew be appointed committee
to arrange the details for carrying the step into
execution, and in connection Herewith the set
tlement of the allied question of indemnifca-
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 j., 1900.
The board also reelected all of it's officers,
to wit: James w. Alexander, president; James
Fl. Hyde. vice president; Gage Z. Tarbell, sec
| ond vice-president: George T. Wilson, third
vicepresident; William H. Mcintyre. fourth
vice-presidenu; William Alexander, secretary;
II. r. Winthrop. assistant secretary; j. G. Van
Cise, actuary; Thomas D. Jordan, comptroller;
s D. Ripley treasurer; w. B. Bremner, assist
ant treasurer; F. w. Jackson, auditor; 5. c.
Boiling, superintendent of agencies, and W. h
Bross, NJ. D., and Arthur Pell, NJ. D.. medical
| directors.
The following executive committee elect
ed: James H. Hyde, chairman; James w. Alex
ander Gage f. Tarbell, George T. Wilson, w. II.
Mcintyre, William A. Wheelock, Chauncey Nj.
Repew " = p lrs Snyder der boa H. C. Being: p ndpgan A.
The following finance committee was also
| elected: James H. Hyde chairman; James w.
Alexander. Gage E. Tarbell, George I. wilson
| William H Mcintyre, w. A. Wheelock Chaun-
| cey NJ. Depew, H. c. Deming, A w krech
| H. c. Frick. T. D. Jordan and Jacob H. Schln
| OF the seven men in the committee mutual
| ization, Messrs Alexander, Tarbell and Bliss are
| of the Alexander party, while of the twelve IN
the executive committee only five would pay al
| legiance to the wishes OH the president it was
estimated-Messrs. Alexander. Tarbell' Wilson,
| WheeIock and Jordan. The same men will serve
| on the finance committee.
President Alexander declined to discuss the
| meeting William b. HornblOwer and Mr. Alex
ander of his counsel also would not talk
| CONFERENCE AT HYDE HOME
| There was a conference at Mr.. Hydes home
No East 40th-st.. at noon, at which were
| present August Belmont, f. H Hartman W. H.
| MCINTYRE and Elihu Root and c. B. Alexander Of
AZ uvda,s legal staff. None of them would
o q word when they left the house. Mr.
! 115o, i,,,oned into a waiting automobile and
,,as ,ybisked downtown for more conferences
According to friend of Mr. Hyde's opJecton
u,as made to Mr. Alexander's naturalization sus-
| cas+ions because Of the way in which they were
| drawn The result of plan such as he pro-
| nosed this person declared, would be to settle
ahso1u+elv the control of the company in the
hands of the men in charge of the agencies
| which would mean that Mr.. Alexander, Mr. Tar
bau and Mr. Wilson, who could acquire proxies
| from, nolicvhoders through their agents easily
| couId dominate the business. How this would
| result it was said might be predlcted from d
| rehearsal of similar circumstances IN the career
| 90 C.eorqe w Perkins once manager OF the chi
| oogo aqencv of the New-York Life Insurance
c,,,, now its vice-president, chairman Of
| i+s finance committee and partner of j. Pier
nor+ Morgan When Mr.. Perkins was in chi
| cago MFR TarbelI was manager of the Chicago
agency of the Equitable - -
THE NeW-York Life, whose directors are eject
cd hv policyhoIders, got into d1thcultes Whlcn
| led to the reorganization ana the depoSal OF
| President Beers. Mr.. Perkins was Drouehl on
| from Chicago as his knowledge of the agency
| forces made it possible for him TO obtain FOR
the reorganzers (William G. whitney Danlel
| 9 lamont and William L. Strong) the proxies
| 70 vote at the election Having secured proxies
ms