Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1905-04-20
Is Request Made Of Vice
President Hyde
BY the General Agents Of the
Equitable Assurance Society.
Hot Session at New York-AIexander
Stock Is Booming.

table Life Assurance Society. today.
adopted d resolution calling upon Vice
President J. H. Hyde to resign from
his position in the organization and
appointing a committee of five from
his position in the organization and APP
pointing a committee of five from their
number to cali on Mr.. Hyde and pre-
sent the demands.
When the meeting of the agents adj
Journed. tonight, this committee had
not called on Mr.. Hyde nor had they
reported to the meeting. All the MEM
bers have bound themselves to secrecy
by vote of the society and while no
definite information as to this commit
tees whereabouts would be given out
it was the general opinion that il
would report, tomorrow. Current talk
had it that the resolutions had been
mailed to Mr.. Hyde with comments.
but this was not officially confirmed.
The agents went into session at il
o'clock. this morning. and it was :;
O'Clock before Il recess was taken for
luncheon. During all the time, LOUD
talking and occasional Interruptions OF
speakers indicated that there WIS Il
warm debate over some question I'M
der consideration. Later it was learned
the discussion concerned the Hpde res
oluticn and its construction. This res
Olution, the secretarys agents would
not give ont until notified by the COM
mittee of five that copy had been
served On Mr.. Hyde.
When the recess was taken. Mr..
Hyde was informed that the commit
tee of agents would reach his Office at
o'clock. He awaited its arrival in
company with his personal counsel.
Samuel untermyer Wmslow s. Pierce
and w. G. CULVER. Al 80. the COM
mittee had not appeared and Mr.. Hyde
and his counsel left the Office Of the
Equitable.
Mr.. Hyde said
81 have not seen the committee and
have not seen the resolutions. but
consider them impairment. eXtraordi
nary, insulting and most preposterous.
| have no intention of rrSiSning.
1t was almost 40 when the agents
went into session, and the latter part
Of the days meeting was from all in
dications more peaceful than earlier
in the day. 1t was said that in the ear
voted to request Mr.. Hyde's resignation
and in support of Mr.. Alexander. The
number voting for the resolution is
said to be 1913. None of the agents nor
either OF the secretaries would affirm
or deny this statement. but there were
several wordy squabbles over accusa-
tons made that some one had given
out the information.
One OF the interesting developments
of the late session was the adoption of
the following resolution:
Whereas, 1t has been perSistently
suggested in the public prints that the
agents are for naturalization because
they seek to acquire full or partial con-
troll of the society by acquiring proxies.
therefore. be it
Resolved. That we. the general
agents of the society in convention as
sembled. hereby declare that we do not
ask nor will we seek for ourselves for
any part of the control of the Equita-
BILE. bat no demand through the policy
holders this shall be so vested as to
best conserve their interests. without
the confidence of whom we cannot eX-
list in this business"
The committee of five appointed to
wait on Mr.. Hyde included Charles
Wake, New York: Frank Levy, New
Orleans: c. J. Edwards. Brooklyn; Jo-
seph Bowes Baltimore: w. ]. Roddy.
South Carolina.
AT this later session and while await
ing the appearance of this committee. q
permanent organization was formed. and
committee numbering - members was
elected to go to Albany, Friday, to pc
tition State Supt of Insurance hendricks
and Governor Higgins to urge the mutu-
alization of the Equitable. Among thOs"
appointed on this committee were George
w. Van Fleet. New Haven. CT; +. IL.
Eazelton, Portland. Me. c. l.. Townsend.
Boston; F. W. Fuller, Springfield. Mass.
w. S. Jewell, Manchester, N. H.; s. Pros
ser. New York city; j. d. Z. Jones, Prov
idencc. r. l.; +. s. Re:On. Burlington, VT:
c. f. Porter. Halifax. N. s.; :. =.
Stearns, Montreal. Canada. and T.. J.
Dcnecn. Toronto. Canada.
1t was after the appointment of this
committee that it was decided that it
would be advisable to form 4 permanent
and the following committee
on permanent organization Oh the NatlOn-
al Association Of Managers was named:
c. j. Edwards. chairman; f. A. Woods.
Tittshurg; A. NJ. Shields. San Francisco:
j. s. Kendrick st. Louis: r. T. Hart.
Philadelphia: F. l.. Levy. New Orleans:
+. II. Hazelton. Portland. Me-: r. l..
Foreman, Atlanta: A. C. Haynes. New
York.
A committee was named to bring Presi-
dent Alexander and Second Vice Presi-
dent 1arbell before the convention tn
thank them for the hospitality received
ut their hands. When this committee ap-
reared with Mr.. Alexander and Mr. Tar
bell they were applauded.
Mr.. Alexander said that he could not
express his great pleasure and love for
the agents who had so magnincently up
held his motion and had expressed their |