The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1905-04-22
Charges Gross Deceit.


Charges Gross Deceit.
<sThe plea of naturalization was a
nero sham under cover Of which it was
designed by these lead rs to wrest the
control of the society from the respon-
sible hands Of the most representative
body Of directors in this country and
to transfer it to their own grasp thru
the use of the agencies as instrument
talities.
~ can understand the desire of your
body for naturalization, but [ have never
believed, and I do not now believe.
that a system Of control which virtually
officers is sound in principle. At the
threshold of this matter, and before
any public controversy had arisen, it
was, however, urged upon me that there
was a genuine desire upon the part Of
the policyholders that they be given,
the right to vote: for directors There;
fore, notwithstanding my own view ", on e
| desire of the policyholders, and to give
time for the careful consideration of
the proper method of bringing this
| about, I offered to place my stock in
the hands Of trustees for five years to
be voted in accordance with the direc
lions Of the board of directors. s..,.., -
II could hardly have given stronger
|
fare of the society. This offer was not
accepted. The authors Of the conspir-
acy made impossible demands. Finally,
altho + was advised by eminent counsel
that the power Of control Of the stock
could not be lawfully taken away with
out the consent of it's holders, either by
the, board or by the legislature, I con-
were concerned, that the policyholders
should elect twentY-eight Of the fifty
two directors Of the society. IF *saE
'eThisgr. concession Was intended for
the benefit Of the policyholders, but in
practical effect as I = then feared and
now believe, it was the purpose that
any. concessions By me should be util:
instigators Of this movement, who pro.
posed to erect a constituency Of agents
to control the votes of policyholders,
/ This belief is confirmed by the ex-
traordinary proceedings at your recent
meetings in this city, -. In which the
power dominating the meeting was
quite apparent. H.. .:..l &: 4
i No End to Warfare. ~
"Altho it was represented, that this
important concession would assure per.
manent peace for the society, it was fol
lowed by new, demands, to which I again
acceded in the belief that faith would
. at last be kept and peace restored. Then
| was told that these concessions which
. had been secured from me because OF
my loyalty to the society and on, the re-
Z peated assurances given to the. board OF
directors and to me that they would, il
granted, be accepted as complete set
. Element, were simply means to an end
and that the warfare would 90 on unta
I should be forced out of Office, and the
voting power Of the stock, which hac
: | ovnracs11y racarUn1 oh ho nOro
pletely destroyed. a-z.- $500 b. - s--r.: :
: "It is evident that I have been de
signedly tricked.., Thus far I am tn
: only person in this controversy who ha
made any sacrifices: The others hav
no such substantial interests in the so
ciety and nothing. to lose by this war
fare against prosperity: ...s
which I have been deceived into maxim,
have been simply an encouragement t.
further attempted invasion of rights o
stockholders. e. .s.| 1... &'~%r -.
rz@asis DON'T Understand Case. ..a5'
ings, you are at this juncture gathere
4 here from all parts. of, the country ane
4 under, the, exciting influences Of falls
I rumors, induced to pass unfortunate ref
\ olutions without SO much as informin
f yourselves Of the facts Of the situation
4 =" Lean only say that you are maxim
+ a mistake in the course you are follow
i ing, and your duty to the society r,
Il CURES you to submit loyalty to the Law
I full. direction Of the board Of director
\ rather than to associate yourselves &c
. the purpose Of further stirring up strif
4 and endeaYorI to Illustrate and overrid
+ the Instructions Of the board Of, direc
i ors. .s#T SO NV.
tsW While I resent, and am fully just
!. fed in resenting, your mistaken -actio
Il toward me, e am by no means indiffe
Il ent to your good win nor callous to yo1
hostility, and { trust that in the f,itu7
/. Of the society 8 affairs / shall be able /
+ gain for my part in it the admiratio
T the support and approval of the me
u who, have now 50 intemperately mi
81 judge me. Yours very truly, &af s.ls
II slssse..ssgs - James n. Hyde.
u The records of I. the .@day--death
. births. marriages hotel arrivals, raj
d road time tables, real estate transfer
Il building permits and other informatic
of interest will be found. togeth
q with erwant advertisements ON IA ua <