New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-03
J. ". ALEXANDER'S REPLY
Continued from first page.

gara 70 ehe or implied that have been actuated by
any av such charge is absolutely untrue and
except, further that SO FAR as am ,S,Jar The
ss Seed annexed M to the intervening Petition
there is basis foundation for sucn 'I des
that that have t- done da nofhihs CONTRARY
The only duty imposed upo.- me as trustee t GT
der the trust deed. except those OF aa5pointinE
mai character, the duties OF app ds an
attorney to collect dividends but by the r Yeds
OF the trust deed since the RnesaTgs sIG hap
nened several years ago he has had the right 70
vote the n sd and po%efs of attorney
Furthermore. he and Mr. Mcintyre constitute "a a
sSy tef f the Of fhfss s majority
controls The suggestion that rs nsse bv reason Of
having favored a naturalization Of the company,
IN Iae enc ana more liberal exent in respects
is wholly fsnog one - hays Se wh nR has not
been ooncurred in by MI Hyde n hiT TSSEtIalizaton
So far as concerns the ee0t re 81 REQUIRE me
10 protect the interest of the stockhoiders as SUI,
co9aned to the voting for directors and collecting
dividends by proxy and attorney I IN ls' 1azen
HYDE the therepPon terminating ysar SAID and Hg gp
Is Of the age Of twen1ye ~ ebitv and fully
rolnnetenf TO manage his own affairs me chfI9o
that hf foen Ii a2 Ny y duty the society
president is paramount to any tGeoIeoC 20 lanes
Hazea HYDE since he has attained the age Of TWEEN
ty-one years.
Argument on the application OF MT Ale\dil-
der,s lawyers to strike from the Hyde petluon
that mart containing NIr. Hyde's address 10 Ihe
directors was postponed from yesterday until
tomorrow The Alexander people say theFe Is
no need TO bring into question of law an al
legged private fight
THE TALK ABOUT MR. CORTELYOU'
George B. Cortelyou seems to be the most
nonular candidate for successor TO President
ma
installed after the Frick committee reports. Mt
17riok according to information received yester-
dow yyas in washington last Friday. He told
Mr. Cortelyou about the Equitable AFFAIRS ana
asked him if he would be willing to take a place
as head of the concern. Mr.. Cortelyou expressed
his complete willingness, said the informant
It is known that Mr. Cortelyou stands high in
Mr. Tricks good graces. He would be entlreIy
acceptable TO Senator Depew, who is one OF Mr.
FIydes friends. while Cornelius n. Bliss ranking
high in Mr. Alexander's party, and Mr.. Cortel-
YOU have been good friends in their work on the
Republican National Committee.
Three petitions TO intervene In the suit
brought by Colonel J. Wilcox Brown, asking for
a receiver for the Equitable Life Assurance So
ciety, were filed in the United States Circuit
Court Yesterday. All three petitioners are OF
philadelphia DE- Edward E Montgomery holds
poIicies amounting to 1852, 500, T Ashby Blythe
holds policies amounting to S38,50O' while the
third petitioner, Howard B. Arrison has a poi
icy for $1,000. According TO Battle & Marshall
counsel for Colonel Brown, other interventions
are likely to come from all parts Of the country.
MANY SUITS ARE INVITED
Battle & Marshall issued a statement in which
they declared that from letters they had re-
ceived from polcyholders it seemed to be we'll
understood that the Brown suit was intended
to get at the root Of the Equitable difficulties.
They had answered that interventions would
be welcomed If the policyholders approved Of
the objects of the suit. to obtain division of
the surplus and to compel an accounting to the
Equitable by directors and officers Of the private
profits they had made by the administration of
the funds of the society The statement adds:
The existence of the surplus fund instead Of be-
ing an aid has been a great menace TO the lnteg-
withheld from many thousands Of policyholders
past and present According TO contentious now
advanced. it IS apparently the property of nobody
in particular.
ATTITUDE OF POLICYHOLDERS.
Frank H Platt counsel for the Crimnains
committee of policyholders, said yesterday that
MI. Hyde's assertions in his amended petition
were "d.singenuous and deceptive, merely an
other attempt to deceive the policyholders into
the belief that Mr.. Hyde willing to con-
cede something substantial to them" More
than a month ago, said Mr.. Plat, Mr.. Hyde
agreed to the two-year naturalization plan and
at the same time to a reorganization Of the exc
cutive committee which would leave interests
favorable to the policyholders in the ascendancy
and when the directors met, he had the board
agree to the naturalization plan but omitted the
executive committee scheme.
H H Knowles, the supervisor Of agencies,
who was discharged by President Alexander,
made public yesterday all the correspondence
between him and Mr.. Alexander before his sus-
pension. Following the personal interview IN
which President Alexander asked Mr.. Knowles
to go to take charge of the Alabama agency
left open by the death Of Mr.. Uhlfelder, in the
Equitable Building. came many letters in which
Mr. Knowles made many excuses for not going
finally producing a physicians certificate that
It would be inadvisable for him 10 leave his
family at that particular time because Of his
wifes and daughters condition. Then came his
suspension.
Justice Bischoff. in the Supreme Court yes
terday. declined to grant the petition Of A.
Edward Woodruff for an order for the examina-
ton Of President Alexander James H. Hyde and
Gage E. Tarbell. By this examination before
trial Mr.. Woodruff hoped TO bring out material
by which he could amend his complaint in the
action in which he sought to compel a division
Of the surplus among the policyholders and to
stop the adoption Of the amendments to the
charter.
INSURANCE COMMISSIONERS TO MEET.
Officials of Several States Will Discuss New
Plan Here Thursday.
IBY TELEGRAPH TO THE TR1BUNBl
Madison Wis Nav 2-The advisa biIi+v NJ