Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1905-06-23
Many Discrepancies IN
Equitable Books.
nfficers Paid Salaries After
Death or Resignation.
Am. Jerome Asked For Copies Of Hendricks
Repoh---May Take a Hand.

New York, June r. Following the
nuhlication, today of the report OF
s,nerintendnnt of Insurance Hendricks
&C to the affairs of the Equitable Life
Assurance society. cam" the statement
that District Attorney Jerome of New
y,rk county, has undertaken an in
ory into the conduct of the society.
TIL. district attorney. tciegraphed to
Mr.. Hendricks request for an official
cony of his report. He received 4 reply
N the effect that 4 copy, certified by
rho ,,,partmcnt, had been forwarded rs
ra,,leste,l. Mr.. Jerome would not dis
euss the scope of his p.GpOsed investi-
CATION.
officers of the society, today, declin-
Cd to discuss the report of Supt. Hend-
,i,ks. Printed statements attributed to
Mr. Hyde we're positively denied by
him.
The list of salaried officers given in
the Hendricks report includes thu
names of several men either dead or for
many months out of the employ of the
Eauitable society. At the society's Of
nces III explanation Of this. it was said
that possibly Mr.. Hendricks had got
hold Of an old list.
August Belmont has rendered his
resignation as director of the
Equitable.
chairman Morton, today, declined to
comment on the Hendricks report, say
ing that he had not yet diEested it. He
said he had not accepted any moro
rssienations From an authoritative
l., !, 1T Marion
is now Il, voting himself largely to the
work of re-organiZinS the board OF dI-
rectors.
II is understood that the trustees
have considered a number of names Of
rpres.ntative men to tax" the places
Of those who have resigned and that
At l,ast a half dozen of the remaining
directors will soon leave the board.
Henry &. Prick declined to discuss
tbe Hendricks report. but I" the state
mont that il seemed Il vindicatlon III
tho Frick committee findings, he SAID .:
81 don't think we need any vindicl-
ton.
,ueuet Belmont, president of the IN
tArharnugh Rapid Transit Co., mas ten
derel his resignation as director OF the
Fouita bic Society, to Former president
Cr,y+r Cleveland, of the new board oil
nev Equitable trustees, to take e1tec'
# tho Trustees accept it. They have not
done so. although it was rendered sew
eIdl days ago.
Attention Waa directed. today, to Inc
fact that four of the Equitable officers
mentioned in the report of Supt. h"il-
bricks as drawing salaries for the last
five Years are no longer actively con
ract..l with the company. w. r.. Lam
bert apncars in the report us medlca
director with 4 salary of s2',ooo Il year
He died L. months ago, and yet, ac-
coriine. to the table. his salary was
naid this wear and last. Edward Curtis
who figured as a medical director. a
SO 900 Il year, resigned that position l.
months ago. George II. Squire. VINO II
now a director Of the company,
down on the list as financial manager
at ST. TOO 4 year. although III. RoSe'
Winthrop succeeded Mr.. Squire rs IL
nancjal manager many months ago. )
B. Luring is recorded as 4 registrar
with a salary If $4,000 year. Mr.. l"r
ing ceased to perform the active du
ties Of the registrarship in April, l9o".
Officers CT the society. today, sait
that possibly Mr.. Hendricks had go
hold of an old list.
District Attorney Jerome OF New
York county, has entered int" an inves
tigation of the Equitable Life Asslr
ance Society trouble and, today. tele
graphed to state Supt. of INSURANCE
Hendricks asking him to forward Il
once official copies Of his report. IN
district attorney would make no state
ment as to his intentions i'm the mat
ter.