New-York tribune., 1905-12-07

the Iatter's request, and had discussed the sub
jects in connection with which his name had
been used.
Mr. Colby refused to discuss the facts fur
ther than to say that he could not add mate
rally to the record already made. Mr.. Colby
was asked if he thought ne would be called he
said that he did know, but believed that
Mr.. Hughes was under the impression that no
evidence he could give would add materially to
the testimony already taken Mr.. Colby further
said that this point, however, he could not
speak with any certainty.
Paul Morton president Of the Equitable, con-
frmed the report that Senator Chauncey NJ. De-
pew had resigned as a director of the society.
Mr.. Morton said that the Senator's resignation
was entirely voluntary, was dated December 4,
and that he had received it on Tuesday No
reference to the resignation was made at the
annual meeting OF the directors 1t is under
stood that 1t will be acted on at the directors
meeting on December 27
The resignation was contained in a sentence
which read merely:
I hereby tender my resignation director Of
the Equitable Life Assurance Society.
George H. Yeaman, cbounsel for Clarence H.
Venner, asked Supreme Court Justice Green
baum yesterday for writ of mandamus direct
ing President Mccall and the officers Of the
New-York Life Insurance Company to furnish
a complete list of the policyholders Of the com
pany. In his petition Mr., Venner asked for a
complete list of policyhoders, with addresses
and the amount of the policies held, in order to
obtain proxies to be used for voting purposes
in April John G. Milburn, who appeared for
President Mccall, opposed the granting Of the
mandamus and declared that the petitioner was
a Striker" putting in an affidavit by Mr. Nc
Call in which the president swore that Venner
professional Iitigant known for acquir-
ing small interests to create contentious and OBJ
struct important transactions"
The affidavit declared that Venner's record as
a litigant could be found in the judicial records
of many States and in the federal courts. The
affidavit of President Mccall also declared that
the legislative investigation was a one-sided
affair and that cross-examination the part Of
the insurance company Is not permitted
Justice Greenbaum reserved decision.
The annual election Of directors of the EQui-
table took place at noon. Thirteen directors OF
the ffty-two members of the board are elected
each year under the present charter of the So
efety. It was understood in advance that the
thirteen directors named at yesterdays election
would be chosen by the trustees under the trust
agreement by which the SOP shares Of stock
held by Thomas F. Ryan and voted by Grover
Cleveland Justice Morgan J. OBrien and
George Westinghouse.
Mr. Cleveland not present when the pools
opened at noon, but Judge OBrien and Mr..
Westinghouse cast the vote for the trustees.
About a dozen stockholders were present to
cast votes, presumably for the trustees ticket
Most of these were directors, holding qualify
ing shares Among those who were present
were Levi P Morton, d. Cady Herrick, Paul
Morton, William Alexander and Paul y. Cravath,
of counsel for Mr.. Ryan
At the close Of the balloting the thirteen new
directors were announced, as follows: Sir Will
lam Mather, representing the sOciety's British
poiicyhoIders; Alexander c. Humphreys and J.
Edward Swanstrom Of New YOlIr and Tom
Randolph, of Missouri. These four were elected
to fill vacancies. Nine others were reelected
w. Eckert, Daniel A Tompkins T. De Witt
Cuyler, Thomas Spratt, Frank S. Witherbee
James Mcmahon and Eben B. Thomas. All
these nine, with the exception of General Eckert
and Mr.. Cuyler are members of the board
having recently been elected to fill vacancies to
represent policyholders.
Sir William Mather is the head of the Stafford
Iron Works at Manchester England, and an
ex-M. P. Mr.. Humphreys is president Of the
Stevens Institute of Hoboken. and Mr.. Swan
strom is Borough President of Brooklyn. Mr..
Randolph is president of the Commercial Trust
Company of st. Louis. All the directors
are policyhoIders and of the society and were
nominated by Grover Cleveland and his CO.
trustees.
William Alexander secretary of the society,
who was on the board of directors, was not re-
nominated as a director, and will cease to be
a member of the board on December 81, although
he will continue as secretary He was the only
ton. His retirement due to the new policy
of the trustees not to nominate as directors any
iunior officers of the society.