Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1905-07-15
RESERVATIONS OF THREE OLD Dl-
REcToRs ACCEPTED BY
THE BOARD. z
HERRICK ON NEW BOARD
New York Executive Is One Of the
Men Chosen to Aid in Rejuvenation
Of soclety-Jerome Again Refused
Report Of Insurance Department.

New York, July IA. Twelve new
directors were chosen and the resigna-
tions Of other directors, including Gen.
Louis Fitzgerald, former president of
the Mercantile Trust Co., Horace. G.
Deming president of that institution,
and Frederick G. Bourne, were ac-
cepted at today's meeting of the board
of directors of the Equitable society.
The full list of the newly elected
directors follows: Wallace L. Pierce of
Boston; Daniel A. Tomplains of Char
lotte, N. c.; Thos Spratt of Ogdens-
burg, N. Y; Louis Storm of New York,
Frank s. Witherbee of New York; Jas.
Mcmahon of New York; Willard F.
McCook of Philadelphia; Congressman
Charles R. Littlefeld of Rockland,
Maine; N. N. Stanahan, collector of
the port Of New York; Governor D
Cady Herrick of Albany; Nicholas
Murray Butler, president of Columbia
university and Charles H. Zelmder of
Philadelphia.
Jerome. Is Refused Promised Aid. 4
For the second time within twenty
four hours, District Attorney Jerome
today made an unsuccessful effort to
procure from the New York office of
the state superintendent of insurance
an official copy Of the superintendent's
report on his investigation into the af-
fairs Of the Equitable Life Assurance
society.
The report was made public at Al
bany last night that jerome will In
form the governor Of the failure of
the insurance department here to turn
the Equitable testimony over to his
Office as promised. VA.
Hendricks 81 Depssw;7s roair;s.. ~
Syracuse, N. Y, July 14.-state In
surance Commissioner Hendricks when
asked as to why reference to the De.
pew Improvement company, and its
exorbitant loan from the Equitable
Life AssuraL society, was not con-
tanned in the preliminary report of his
investigation Of the society's affairs,
said:
That was ancient history. We had
gone into that before We told them
(the society to call the loan. We
marked the valuation of the property
down to $150,00O. They kicked on
that, and we told them that if we made
any change it would be loss. They
then foreclosed the mortgage on the
property, bought it in for $4,000, and
they have it yet."
Says Jerome Hasn't Applied.
Mr.. Hendricks also replied to the
comment of Attorney Jerome of New
York who had said it was funny that
the newspapers could get copy of
the evidence taken in the Equitable
investigation when he (the district at.
torney) could not. Mr.. Hendricks
said:
If Jerome wanted a copy of the tes.
timony, why didn't he ask for it? He
has never asked for copy Of the tes
timony, not at least from me, neither
at the New York Office nor the Albany
office of the department. = he has
ever asked for it, we have not received
such request"
| 1t is understood that a copy of the
testimony was sent to the New York
Office Of the department, to be ready
for Mr.. Jerome if he asked for it.
Alexander Very III.
New York, July Thames w. Alex
ander, former president of the Equita
| OlC 1AllS taoSut duC0 SOClSCy,
very i'll. He is undergoing treatment
in secluded place in Long Island, and
it is said that he is in such condition
that all knowledge of the recent devel
opments in the society have been kept
| from him.
According to statements made, Alex
ander does not yet know that Pau
Morton is at the head of the Equitable
Neither has he been informed of the
Ryan purchase and the installation
of Cleveland, O'Brien and Westing
house as trustees. The fact of the &C
ceptance of his own resignation ant
that OF Mr.. Hyde, 1t is declared, hat
not been made known to him, ant
neither has information been conveyed
to him of the return of syndicate money
nor the purport of the report of State
Superintendent of Insurance Hend
ricks.