Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1905-04-22
Mr.. HYDE WILL NOT
TENDER RESIGNATION
Affairs of Equitable Assurance
Society Reach a Crlais.
osMANs MADE FOR A RECEIVE
The State Ct Louisiana Institutes Pro.
eeedinsS for Rseeivsrship Under
Laws Of that ststs-Mr. Hyde. De.
nounees Attitude Of General Agents.


Laws Of that stats-Mr. Hyde. De.
nounees Attitude Of General Agents.
New York. April 2l.-.Dcyelopmeuts
in the Equitable Life controversy. In.
Guiding the engagement OF 10
seph II. Choate. n counsel
for the general agents. the demand
of the organization, for Mr. Hyde's
resignation, and the institution OF pro.
ceedings In Louisiana asking tor n re-
ceivershIp for the society under th.t
Louisiana law, engaged the attention
today almost to the exclusion OF ali
other topics. MFR, Hyde made an ap'
pointment to meet today the commit
tee OF general agents appointed to de-
mand his resignation. This commit
tee was made up OF Joseph Bowes. OF
Baltimore; W. J. Roddy. OF south Car.
olina; Frank c. Levy. OF New Orleans
Charles Jerome Edwards, of Brooklyn
and Charles Wake. OF New York.
While Mr.. Hyde agreed to receive
this committee. he declared that he
had no intention whatever Of resign.
ing. and that he regarded The action OF
the general agents In making such n
request as impertinent. extraordinary
Insulting and most preposterous
The demand by the S;pnts for an
investigation and the nc lon inaugur
ated In Louisiana were regarded ~
making critical a condition which al
ready ~hs extremely serious
When the committee called az Mr.
Hyde's home at No. . Fast Fortieth
street, there were met by Mr.. Hdye
and w. ", Mcintyre Charles u. Alex
ander, W G. CULVER aud Alvin Krcieh,
hts advisors. The committee remained
in the house ~ minutes aud returned
TO the Hotel Savoy without giving any
intimation " what occurred \ rep
rcs,ntative OF Mr. Hyde announced
however. that a stenogrnphlc report ol
everything said ut the meeting had
been made. and that an Official state.
ment would be issued ny Mr.. Hyde
later IN the day.
The Oficial statement given OUT by
SIR. Hyde. Of his meeting with the
follows:
Mr. Rowes. ~ chslrmE Of the
said:
Il am charged. sir. with . sOmeWhat |
task the b"aring To you
Of a request from . convention Of
and agents nov assembled
In the Hotel savoy thai you voluntari
~ resign your position a. vice presi
dent OF the Equitable society. The ful
loving IL the request ~ the oOHven
ton
James ". Hyde, wee president ~
the Equitable Life Assurance society
VI America:
I'VE. the genera ar ntE and man
Ayers ~ the Equitable assembled ia
IN all parts q the tnlir
states aud Canada. are personally ami
through your agents in close iouoi
With the people. and knowing the
ieep seated convictions % the policy
bOldsrs and deeply drpior ne the neecs
'iiy for our action. ihsrfTs. slbeefel,
md earnestly appeal a. os on behalf
u the EquiiHbie. 90 th' creation Hn1
lpbuiidlnE 81 which your father dcvol
"a his lifs. aud for th' ake ~ ~ POI
cy ho.ders and he agent. TO 49, ESD,
~ DersDna, interest ani nos tOiuu
ariiy retire from fhs ,.r~ pfsTidsnrJ
Henri P,~sil. Cnm
y. A McNames. fran l. I>sy. "
X Estes. secrstsfles
Mr HYds's r~pjy 80 ne committee
sss a. foiiovs
In tho hrsf plSrr thTs 90 lnfsr
500 af rfsiEhiuE TIE 80 ~ ~ he vics
,rssldeary - 'he "a fabis Hneh
.Oursf Z soad ronsidfr 00uardly an
ilsgratsfa. % ths nrnory ~ ~ fa,h
n
Second n IL evifst' ffum Jon "a
Ordtnafy rsqussf ahd ~ s~posi 70.
he pforsrdinEs a. Iogr msefiAFs las,
Ioa bare nof The rsmnsssi e0sesp
iun ~ fhis unfDri unats coafFDv~fs5
y ne notlEss behind tss ,riash s,ruF
~ Coz ne enfsoi 81 ths sacissy 81
hink. k0HeseF. fhaf yrss aFt esfni~s
o kpSu ES@sfhinE o. Fhs reel fRris