The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-06-24
JERoM rs ON EQUITABLE.
red from First Page.

that lnlS suObN Wv
continue jerome. 1T may wen w
that /, 80 impose an inordinate burden
on vourr, although know that what what
ewey p b,,, might impose in the oisGna't 70
of publE your Honor WI pe An %,ties
, Uear. I'd Il may be that 1t will not;
TpUn this time sufficiently appr'seo
of tha to be able to say.
n,,oSY MUST BE voLuMINoUs.
.rr.,at 7 can learn the testimony,
t,Lan he voluminous. The report ltsen
is a nj report extending over r sVin
M Sel fore taking any action IN mater
Of Ith,nd especially where such iaLge
nac,m interests are involved not "
Tow iiduals, but interests anec.ns
some hundred thousand ~ Pef1it Il is hishly
We We that the District Attorney should
rnpLo' mistake that he should move
na,,tiy. and thould not move unti' ITO
is f,,lpprised Of the facts,
III take some time, ! am satisneo
m tywhether I,shall need the services OF
the IT, but II the Court should aoj4uIn
| II We then be impossible 70 OBTAIN 'henh
| in tEay have indicated
III .Ho,,rse YOU are aware that. my va.
.,.;Iheoins at the end OF this term'
saide Recorder with a smile. =. =.
am sorry that it is SO, replied Mr.
'e ~ recognize the importance OF the
na, YOU have called to my attenuon,
sailhe Recorder, land the urgency wnich
mic possibly arise under the clleu
~ 10y. nes The question Of personal neon
.uoa m,st not initiate against the
n',1c interets, and therefore grant your
moon.
po,1cyrolpERs TO ASK WARRANTS.
mn, familiar with the Equitable situa-
a., Ia anmority for the statement tnat u
a',,n Of stockholders have retained a Wen
sisnwn cuminal lawyer in this city 70 over
h,,l the Hendricks report and the eVloeh.e
,,on whch IL was based with q view 10 OBJ
ssinin q rounds for appearing before 70
,ne Wetistrate and asking for warrants lo'
he arrsst of some of the Equitable gra lters
Nhrtter this plan will be continued nov
hat District Attorney Jerome mas oec'ue,
o make a thorough investigation was "o'
tatsd. busv day
.e,terday at his offices at % William street
,o,np over evidence in the Equitable scan.
ial and making preparations TOT tne SUI,
,hioh he has announced he will bring agalns
he officers and directors of the society y y
onpe them to make restitutione an
Just them from the society and TO
Of moneys wastethe statement
Mr.. Mayer supplementary night by saw
which he made on I ths 70 60 thoroashhIy
Is ,be contribution of the surplus and
NV. ,,;,,i,, III to settle the matter once and
He said also that he did not wish to have
understood that he had named District
torley Jerome as the only person having
W.T. 10 oriRilate cliIl'i'iai lh3 2ts
'ne Equl'aolr o'1''Tls any h hs ~.
" At'orney-'eherai ~ shiu, hau may
w'r. nu' u va, ~ aet ho G.. AN 0,o
stom m tnls stare tnat the DistTlce AZ
rneE OF the county snotuo nave .he nrs.
portunity' III the Dislrict Attorneys
ice taiied 70 take ac'ion 'he Attorney
neral would step IN.
MAYER WILLING TO BACK JEROME.
Mr. MAYER would express no opinion ms
the probability of criminal prosecutions,
{ he was. he eaid. willing to pledge Mr..
rome tho support of his Office.
Tha bringing of the suits AGAINST the
.ectors 10 force them to disSoree and
ire would il wns announced. he matter
nn,,. fow a, ,,s NV aIust as aeon as
is nhvsically POSSIBLE was the way the
tornev-General nut it.
He has not decided yet whether the suits
II be brought in this county or In Albany.
II is he ready to announce definitely the
mes Of all the men who will be the targets
his actions.
EARLY SUIT AGAINST HYDE.
ouch that he would bring suit against
10 w;,ho,,t del, 70 establish the society's
.,arsh;n ~ Tho sea ooo which HYDE re-
nded tn The society as profits on under
. 'i.ina ~ ,r Y"r ct;ons This means that
~. Wi,l also be filed AT once against all
q q, her memhers of the James H Hyde
n Assoc;atesr syndicates named in the
,ndricks RAPPORT James VI. Alexander.
,orre II SQUIRE William II. MCINTYRE.
krech and Louis Fitzgcrald
II was said Yesterday that the Attorney
neral in his suits for an accounting would
domhtediy strike among others Senator
auncey N Drnew who has drawn n
lorv of 500 ocO a year for several wears,
II nrohahlv David p. Hill. who also has
neived a retainer from the society. Mr..
,rkod and would hrinr n suit against
:, :, 70 comnel hin, to turn lack TO the policy-
iders he share of the profits made nv
. trn, of Kuhn Loeb 4 Co. in its sale
bonds 10 the Fo,litable,
,'.> ,r,s,s
.hh 10 hAHph. htn'hs
one OF the 'hinss IN when .ne at.orney-
neral was lart'cuaI! iI'ercS'eu
y was the Jug handle leases which the
'nry hHne SAFE deposit companies
zoe Wit9 IN" f.duitanie' ana some OF "nlcn
!, sun IN eNecl; Mr. mayer - lll'r,ii
have these leases cancelled and actions
ought for the recovery. of the moneys |
itch have been lent to the policyholderS
One lawyer prominent in the Equitable
lddle said that the courts have held that
= officers OF corporation have no right
make Leases with themselves as officers