New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-04-30
TO REPORT THIS WEEK.
Frick Committee viii Demand Com
PLete Equitable Reorganization.

The Prick committee Of directors which is in
Hesusating the management of the Equitable
Lie Assurance Society will make its report early
Ihis week, according 10 information received
Yesterday. This first report will not cover all
me ground outlined by Mr. Frick in the list Of
questions sent to President Alexander. The in
'estigation will be continued, and supplementary
reports may be expected.
This first report covering the most important
questions at issue, will probably recommend
'hat IN view Of the charges made against the
principal officers of the society, a complete
change in the management would be for the
"est interests Of the Equitable. Mr.. Tarbel
second vice-president viii without doubt be
asked to resign by the directors when the report
is ready
resident Alexander will hand in his resIgna-
lioh when Mr.. TarbeIl, his lieutenant, is asked
- ieaVe his place with the society, it is expected
- ne Goes not. action by the directors will be
.aAeh looking to his removal and with 1t that of
situation
The regular meeting of the directors will
ue held on Wednesday. 1t is expected that the
ii'sI formal report of the Prick committee will
be presented then.
a. Edward Woodruff, counsel for Herbert G.
nuH, OF Philadelphia, a policyholder in the
EQUITABLE. intends to apply for an order per-
4iiilIlhg MIN TO examine the officers of the
Equitable 10 find out just how many shares of
STOCK were voted when the amended charter
was agreed on and how they were voted Mr.
woodruff thinks he show that dummy di-
rectors had large share in the ratification of
that agreement.
Mr.. Woodruff has suit pending IN the Su-
preme Court to prevent the adoption Of the
amended charter. He believes he can show that
since Mr. Hyde, holding majority of the stock,
voted $40 shares in favor of adopting the
amendments to the charter only twelve di-
rectors legally could have voted on the other
sixty shares Of the $50 which were said to have
been voted in favor of the amended charter.
Yet argues Mr.. Woodruff. since thirty seven di-
rectors were said to have been present when
the charter adopted, there must be a grave
discrepancy somewhere. He wants to make
Mr.. Hyde. President Alexander and Mr.. Tarbell
show where that discrepancy is
Arrangements for the return trip to Wash
ington have been completed. Denver and Chi
cago, the two cities where the President is to
be entertained. have received notice Of the
change Of date for the receptions and have sent
word to Secretary Loeb that the new programme
is satisfactory. The plans for the dinner in
Denver. and the several functions in Chicago
had not proceeded far enough to inconvenience
the organizations that are to have charge of the
entertainments.
Dial" Deweese, Of Canyon City, Col, who has
hunted in the wids Of India, Africa, South
America and all over North America. wants
the President to stop off at Canyon City and
see his collection Of skins. The collection is
said to be the finest in the world. and the Presi-
dent is DESTROYS of seeing it. The call would
take less than two hours, but no answer has
been made.