Evening journal., 1905-11-08
HOLDERS .
HOLD MEETING
Proxies of Those Who Desire
: Delawarean to Represent
Them Being Collected
OVER SlOD,G0l IN PROXIES

Policy holders in the New York Life
and Mutual Life of New York lnsur-
ance Companies held a meeting last
night at No. S22 Market street. The
meeting was called by committee
composed Of Herbert II. Ward. r. J.
Maclean and Charles M. Curtis. This
committee was named az the meeting
held last week to receive the proxies of
those who desire some Delawarean TO
vote them in preference to sending
them to Thomas w. Lawson, of Boston.
There were about 75 policy holders
at the meeting last night. The object
OF the meeting was explained by Mr..
Ward. He stated that I'm Delaware
there are about 1900 policy holders in
the Mutual and from 500 10 500 in the
New York Life. The committee had
printed proxies and a number of those
present signed these proxies and turn
ed them over to the committee. The
lcommittee now has proxies in the two
companies representing over 100000
insurance.
The form Of the proxies follows;
Know all men by these presents, that
ll....--.-.... Of .......... do hereby
constitute and appoint Herbert II.
Z Ns
NJ. Curtis. OF Wilmington. Delaware, or
leither Of them. my attorneys and agents
for me and in my name. place and
stead to vote as my proxy as a policy
holder. or as a member Of the corpora
Iton at at any meeting OF New York
Life Insurance Company, and at any
ELECTION Of trustees or of directors. or OF
any offifiieers for whom policy holders
have the right to vote and for such
other business as may come before the
injecting and any adjournment thereof,
and to act at such meeting as fully as
/ could do If personally present with
fun power Of substitution and revoca-
tion, hereby ratifying all that my said
attorneys and agents. or their substi-
tutes, or either Of them, shall lawfully
do by virtue hereof
Unless sooner revoked. this proxy
shall continue in force for ore year
from the date hereof. ! hereby revoke
all proxies heretofore given by me for
lany of the above purposes.
Mr.. Curtis explained that the COM
mittee represents the conservative ele-
ment who desire some Delawarean to
represent their interests. He said; This
matter is none OF Lawson's business;
Il is your business and mine. Lawson
has no policy in either company"
One of the men present asked the
lcommittee what would be the benefit
lof giving proxies to Delawarean who
lcan only secure few, when Lawson
lalready has so many.
Mr.. Ward explained that similar or
foundations have been formed in other
lcities Of conservative persons who dc
mot care to lend themselves to further
his purpose. II is to become a national
movement, he explained.
Edward W. Cooch could not see the
advantage in taking the proxies now
when the insurance companies annua
meetings are so far off. The New
York Life meets in April. He suggest
ed that the names Of those holding pol
icies be taken at this time and theI
wait until after the investigating com.
lmittee reports in January to see whai
the report contains before handing ovel
1.-The proxies. Mr.. Coooh said he was a
lpolicy holder in the New York Life and
that the result OF the investigation into
that company's affairs was not alarm
ling to him. He considered it we'll man
aged for so large concern. He also
stated that he wanted to know what
was TO be done with his proxy before
lgiving it.
Mr.. Curtis stated that meeting
would be called later and the policy
holders could then direct whoever was
Ito represent them, how they desired to
vote.
Mr.. Ward explained the proxy could
be revoked by giving it to some one
else later
Lewis W. Brosuius suggested that 8,
would be a good thing for the policy
holders to form a permanent organiza-
tion.