The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1905-02-17
d Vice-President of Equitable
Life Insurance Company.
GiYer of Famous 100000 Din
ner at Sherry's Wins.
HIS RISE WAS RAPID.
At Age of 80 He Controls Use Of
S2,OOO,OOO,OOO.
Hyde Is Closely Associated With
Hartman and Rockefeller.

New York, Feb Thames w.
Alexander and James n Hyde were
Re-elected president and first vice
president respectively of the EquIt-
able Life Assurance society at the adj
dourned meeting of the directors
Thursday. All the other officers whose
terms had expired were reelected.
a resolution was adopted recon-
mending that policy holders be given
the right to vote for. directors and a
committee which includes President
was appointed to carry out this step.
which is practically the policy of
naturalization advocated by President
Alexander.
The results outlined were reached
after a protracted session which was
marked al times by considerable feel
ing Friends of Vice President Hyde
were disposed to view the outcome as
victory for their side, but Ill other
quarters the result was regarded as 4
general compromise in which the con-
tending factions met half way
That Mr. Hyde had a majority of
the directors with him, however, was
never in doubt. His election to the
Craftsmanship of the executive and
Significant in this connection. The
solution of the society troubles was
largely due, it is understood, to the
Couciliatory methods employed by
Senator DepeW and Jacob H. Schiff.
Contrary to report MI Schiff had not
arrayed himself on either side and
WAS among those who favored mutual
fzatiOn.
James Hazen Hyde, who is known
GB the giVer of the famous 500. 900
fancy dress ball at Sherry's. at which
the actress ReJane danced the can
can" on one of the onyx tables, was
asked, at the age of %, to give up his
place of honor in the company found
father, because. according to the petit
ton of the Officeholders in the COM
pany, his reelection as vice presi-
dent and acting president in the alb
powers he has exercised. would be
most prejudiciaI to the welfare and
progress of the society and the con-
BervatiOn of the trust funds held for
&he benefit of our policy holders"
His prominence in various ways
and his acts as vice president are, the
petitioners declare, such as to create
n1iSgivfngS as to the conservation of
5ure its business. They asked that the
power to elect a. board of directors be
transferred from the stockholders to
the pOlicyhOlders. each holder of 4
$4,000 policy to have one vote
The intense situation which developed
IN the directorate of the Equitable Life
Assurance society again has served to
call attention to the young man who
has remarkable power in nearly two
score Of the greatest corporations in the
country, but of whose life little save
on the social and literary side generally
is known.
James H Hyde-he is less than 80
years old-is standing today like rock
fn the path of his associates in the
great Equitable society, who would
take the voting power away from the
directorate and give it to the policy
holders. He is man of varied talents.
who in a comparatively few years has
developed success along many lines.
With the great fortune left to him,
his mother, and his sister by his father
Henry B. Hyde. founder of the Equita-
bic society. he has had advantages that