New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-05
REFUSE HIS RESIGNATION.
Continued from first page.

as s of the facts. AS
fnder Of his ntertion to resign his position
Hyde ana Me- me- majority stock sent letter TO Mr
tees under under the agreement. as follows:
of his geen Informed by James " e6sn0 e
II iS s trustees under tho agreement of September
the rst part and Msssrs en louis Fitzserad and
of wbo1D originally named as trustees therein ana
'e;ssSSo ags parties of the second part
beg to saw tho oo paTagraph OF saiI re assii1ne
and therefanlss Of trustee under said asreem sfs
aoi bSmal destination and remuneration of my ep-
p9 This nG int.s as provided therein" o,.. -
az ms letter must have been received almost at
49, sIG exact time the resignation of James w Alex
motives that cond n snG to crcue the
s4ated that the facts are other than as mere
o me charge against James W. Alexander that he
irst concentio ms 4uty as trustee h W and it is
U1 surprising to see its final throes aoGonpale"
ny one last desperate attempt to mislead.
To this statement the following response was
made:
PF fof of nE ss
i IiHanieht. If these gentlemen would mail their
ne b the people for whom they are supposed
20 De intended might receive them. In this in
en as inc the morning paper No letter from ms
such letter-nor is there the slightest significance
er ae t nm incident that is sought to be exas
ton is not misunderstood. Fortunately for Mr.
that they and their 9y 1neT are at a bernn3g
to be well understood
WILL STICK, SAYS MR. TARBELL.
In the afternoon Mr.. Tarbeu made positive
denial of the report that he is to retire from
the Equitable within TWO weeks or to found a
100000 insurance company.
There is not word of truth IN the story"
he said. ''The Equitable is good enough for me.
I am not going to leave the Equitable. I am
not going to resign and not going to have
anything to do with the formation OF any other
company. have never thought of doing any
such thing, Nobody has ever suggested such
thing to me- Nobody has ever talked to me
about it No such company is going to be
formed. Nobody has authority to ask to
resign to force me out. My life is bound up
in the Equitable
HENDRICKS REPORT IN JUNE.
The quintet of State Insurance Superin-
tendents held an executive session at the Hor-
man House in the morning. Those present were
F. L. Cutting OF Massachusetts, who is presi-
dent of the National Convention of Insurance
superintendent; r. C. Folk, Of Tennessee; H.
L. Prewitt, Of Kentucky; John G. Linehan, Of
New-Hampshire, and Zeno n. Host, Of Wis
consin. H. B. Appleton. deputy superintendent
of New-York joined the conferrees later. Mt.
Cutting declared that the conference was not
as reported a meeting Of the executive COM
mittee Of the national association, but merely
an informal gathering of members of the asso-
citation and others.
At 5 o'clock an official statement was made
in part follows:
Tie conference discussed the controversy now 60
ing to the Equitable Life Assurance Society
management sSperntendent OF insurance Fran
els Hendricks and Deputies Robert H. Hunter and
meet the commissioners composing the conference,
and readily responded The examination now ", IN IN
cussed. Superintendent Hendricks stated that it
gave it as his opinion that the examination which
means verfcation as 10 the financial condition OF
he further stated that the investigation as TO the
Charges preferred would be completed much earlier
and report made thereon IN a reasonable time. not
to the various insurance departments and to the
He assured the members Of the conference that
the investigation would be full. thorough and
searching, and that the facts as revealed would be
It was the sense Of the conference. there being
partment' that the Commissioners should await the
report of that department,
1t was stated that the conferences at
an end, so far as the Equitable was concerned
ANOTHER MOTION IN THE LORD SUIT.
In the morning William N. Cohen. represent
ing the Equitable, applied TO Justice Maddox, IN
the Supreme Court Brooklyn. to have stricken
out certain parts Of the complaint in the Lord
suit. Mr. Shepard. representing Mr.. Lord OPP
posed the motion. The court reserved decision,
and counsel were directed to hand in briefs by
Tuesday.
Mr.. Cohen took exception to references made
to personal Alexander Hyde controversy prior
to the meeting of the directorate which voted
for the amended charter. Mr.. Shepard said this
subject should be, If anything. ampliffed.
1t learned that Elihu Root Is still appar-
emily active counsel for Mr. Hyde, and that
he has been consulted by Mr. Hyde's other coun-
sci in reference to Equitable affairs every day
this week.