New-York tribune., 1905-10-28
COUNSEL FOR MUTUAL.
TO AID ITS COMMITTEE.
Nes- York Life May also Hold
Internal Investigation.

# seemed practically settled yesterday that
the Mutual Lifes committee of inquiry shan
have counsel to assist it in its investigation
II was felt that, aside from the fact that the
committee is composed at present or only TWO
men whose business affairs largely occupy thelr
time. the assistance of counsel will be impera-
tive in an investigation entall1ng peflorce
number of legal questions.
Among the names suggested yesterday was
that of Senator Philander c. Knox. ex-Unted
States Attorney General. 1t will be recalled
that Senator Knox counsel to the tr1ck
committee of the Equitable, and, according to
general belief framed the bulk of the drastic
Frick report. Beyond a general UNDERSTANDINGS
however that it is to have counsel, the commit
tee is scarcely likely, before next week at the
earliest even to discuss the question Of names
of lawyers available
William H. Truesdale rs expected back in
town on Monday, when he will probably confer
with John w Auchincoss, his fellow committee
man. on the question of a substitute for Etflns-
ham b. Morris, who has declined to serve as
member of the committee. BY the terms of
Wednesdays resolution, it was pointed out yes
terday, the committeeman not only have power
ito fill vacancies but Ito add to their num-
ber" as they in their discretion may see fit
Thus it will surprise one if the committee
increases It's membership TO more than the
original number.
John &. Mccall, the secretary Oh tne New
York Life and the son of its president, would
not discuss the report that his company may
follow the example of the Equitable and the
Mutual Life and appoint an investigation COM
mittee Asked as TO the date Of the next meet
ing of the trustees of the New-York Life, Mr..
Mccall sent out word that it was November s.
IT is probable that no action will be taken until
that date, If then.
AS told exclusively in yesterdays Tribune,
however several Mutual trustees have received
suggestions that their company take action to
this end and have the question under considera-
ton.
Within insurance circles yesterday opinion
was divided as to the significance of Mr.. Nor
riss refusal to serve
It is said that the internal inquiry owed Its
inception 20 certain trustees who were not al
together satisfied with the McCurdy regime in
fbe light of the legislative investigation and that
while the proposal for an inquiry committee
came ostensiby from Mr.. McCurdy, this was
SOLELY due to the wish of the trustees not 10
make the inquiry appear TO be by way of a per
sonal attack upon their president In fact. 1t
was currently reported that the Mutual trustees
are divided into two factions.
According to the Legislative committee it is
extremely improbable that Edward H. Hartman
will receive subpoena for the State investiga-
ton the committee being of opinion that re-
ouest that he hold himself in readiness is suffi-
cient.
1t will be recalled tina. Attorney General
MAYER served Nj. Hartman, prior to his de-
parture for the Far East with a copy of the
summons in the States suit against the Equit-
able IL is understood that Mr.. Harrimans
counsel have received a copy of the complaint,
which was not ready for service at the time Mr..
Hartman departed.