Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1905-04-13
p,es. Alexander Issues a
Statement Of Standing
Of Everything Connected With
Societies Business.
, ..ter Is Approved and Contains Inter.
esting Facts.

,Iatious 20 other corporations and
~ s,,,, lief of the sOciety's employees. in
ia all it's officers, together with a
..a,cn,ent IF the salaries and emolu-
tic received by them. is asked Of the
".,.i.rv's PRESIDENT, James w. AleXan-
~ q letter sent to him by Henry
u'' rr,ck chairman of the investigat-
a.o,,nittee appointed by the direc-
NJ 1be letter to Mr.. Alexander was
,roved at a meeting of the inVesti-
r,ino committee at which Messrs.
s,'.rin,an. Bliss. Ives, Ingalls, ami
rr,ck were present.
,skirg for the information Mr..
- writes that the committee does
rot intendn ntno nnlimit its inVestisa-
in, to the questioning of the society :
..soers hut that that separate and IN
,"n.ndent examinations will be made
~ the committee and it's experts.
,n,one the points on which Mr.. Alex
-da. is requested to furnish data are
.ho eotiety's holdings or interest IN the
,,o-,antiIe Trust Co, Of New YORK, the
ru:table Trust Co., of New YORK, the
,.a.oortila Safe Deposit of New YORK,
IN anv other trust, title or safe de-
a.;, companv. bank, or banking COM
r,py:the societies leases. OF us puiio-
inc in This city: its loans to any OF It's
o,rnloves. officers. directors or trustees
,oae,h,r with a statement showing VINO
or,borized A loan; a statement OF all
sa,iirqs nv which any broker sold for
% tho eociety, any stocks, bonds, Sc
curties or other property including al
,he"so-called undertakings by the Sc
o;o,v." a statement as to whether any
ore connected with the society received
oornnnsation or benefit rom such STOCK
,ransa ton or underwriting; a state
ment whether any officer, director trus-
100 or employee has received any money
or other thing of value because OF MS
r.Iot:on with the society; list OF the so
a;o,v'e contracts with its leading agents
bere and abroad. with compilation 10
show the practical result to the soclet!
from each agency; statement showing
each item going to make up the total
of g. go 30 mentioned in the report Oh
Doc II 1904. for commissions. adVer-
,isinc nostage and exchange and now
and whvrach was spent. also each item
NJ a total of s1.179.5lS in the same re-
,,or, for all other disbursements, and
how and why each was spent state
mont showing i'm detail the losses, ii
any Ia the society since Jan. i. 1901. on
any prcuertv of any kind purchased by
il giving the names Of the persons VINO
wouId the same to the society: rec
ord Of any transactions b. when an!
officer director. trustee. or employee ol
the society has irregularly or lmpr"p-
erlv received money or other Naluahi"
thing from the society outside OF, ana
NOT \ mart of his regular salary; and
also A monthly statement from Jan. l.
1900 showing the cash balance OF the
society, and where the same were ana
are deposited. and the terms OF eafn
deposit.
In request for copy of the soci-
ety's pay roll. Mr.. Alexander is asked
to give the name of each person IN re-
ceipt Of SALARY of compensation OF am!
thing from the society and to state the
duties performed by each person st
Maid. He il also asked to set forth any
increase in salary to an employee; to
give the name of any employee, direct
",
business relation with any other cor
poration the compensation, direct OF
Indirect he receives in such manner
and the name of the Equitable Socie-
tvs officer who authorized the same
Information is also asked as to VINO Oh
the employees are related by blood Oh
marriage to any director or officer OF
the society. II any such persons are
employees in services outside of the Of
fees outside of the offices and ordinary
departments and agencies of the socl
ETY.. Mr. Al, xander is requested to give
their names and state who so employed
them.
Mir Frick writes that the foregoing
requests are intended to. and the com
mit;ee thinks, do cover all the charges
and counter-charges made against any
officer. director, trustee or employee o.
the society. but he adds:
IF any one has any information Of
knowledge of any other act, matter o.
Thing done or permitted to be done
by any officer. director. trustee or EN-
ployoe of the society i'm consistent witt
the best interests of the society. or I'M
TAR towards any officer. director. trus
lee or employee thereof. the committee
VIII take up and investigate any sucf
matter on being informed of the same
oy You or any other officer. director
trustee or employee. or stakeholder, o.
pOlicyno,der"
Mr. Alexander is requested speclh
ealiy To give information principal.
snIce Jan. l, 1900. but the commute
VIII go back of that date. if he or an!
o'her officer knows of anything re
qulring Investigation.
IN concluding his letter to Mr.. Alex
"nueI' Mr.. Prick said:
We request you to notify all EN-
pio!es of the society that no one nee'
"dr TO fully and frankly inform tn
committee of any facts within his o
"er knowledge touching the matter o
'ur inquiries. We will see that no per
''n suffers for giving us Information
we intend TO investigate the entir
management of the society. The infor
nation We receive from you AM
n'"ugh You from all the other officer
VI me society and heads of depart
Vn'S and employees will be thorough
anaiyzed and tested and in addition
w, also intend to make separate an
u,pehdent examinations of our ow
.u ny our own experts.
-, out work will be thoroughly done