The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-07-07
WAIT FOR JEROME TO MOVE.
EQUITABLE OFFICERS NOT PLAN
MING ANY DEFENSE.
When the District Attorney Returns From
Kansas They Look for an Announce.
mcnt From Him rayath Calls at His
Ofiice-Agents In New York Meet.

The stir in Equitable circles occasioned
by the remarks Of Justice Davis to the
July Grand Jury and the reports that i'm
pending disclosures would furnish sufficient
evidence for criminal prosecutions subsidized
yesterday. The officers and directors will
now await the return of District Attorney
Jerome before holding any further con-
ferences or mapping ont plans Of defense.
Most Of them. 1t was said yesterday, ex-
pect Jerome to institute some criminal
| action.
1t became known definitely yesterday
that Mr.. Jerome had talked with Second
Vice-President Gage F.. Tarhell before his
departure for Kansas. The interview
took place at the Offices Of James 3. Dill
Mr.. Tarbell's counsel. and lasted nearly
three hours At that meeting Mr.. Jerome,
1t is said, declared that he had decided to
ask certain Of the Equitable directors to
appear before him with their counsel and
to ask them for a statement about matters
which had been brought to his attention.
Mr.. Jerome added, it ia said. that these
men could do az they saw fit in regard to
furnishing information in the preliminary
interviews, but he expressed the opinion
that absolute frankness and straight out
and-out statements would o further toward
clearing the situation than any subterfuge.
Mr.. Jerome's interview with the second
vice-president, 1t was said, was at the
District Attorneys request
Paul ID. Cravath Of the law firm of Guthrie,
Cravath Henderson, who has been asso-
ciatedwith Elihu Root as counsel for Thomas
F. Ryan in the Equitable reorganization.
ca lied at the District Attorneys office
yesterday. Mr.. Cravath went to the Crimi-
nal Courts Building to see Mr.. Jerome
personally, but when he learned that the
District Attorney was out Of town he had
a talk with Acting District Attorney Mott.
After the interview he said, when ques-
toned
"oh it is nothing at all; nothing Of public
interest.
Later it was said for him that his visit
othe District Attorneys office had moth
ing to do with Equita BILE affairs.
The board of trustees of the EQUITABLE
society. Grover Cleveland. Justice Morgan
j. O'Brien and George Westinghouse, will
meet again next week to select the re-
naming nineteen of the policyholders'
twenty EIGHT directors The trustees. IL
was said Yesterday, have had good many
names under consideration and will have
no difficulty in agreeing on candidates.
On the sam day that the trustees meet a
special meeting of the board Of directors
VIII he Cdlleu 10 ACT on tne names.
More than 100 Equitable agents met
yesterday afternoon in the office of Archi-
bald c. Haynes at Is Broad street Mr..
Haynes is general agent for New York city,
and the men who attended the meeting
were all metropolitan agents. Reports that
the meeting had been called to protest
against plans for recognizing the agency
force proposed by Mr.. Morton were en-
phaticaly denied at Mr.. Haynes office.
ALBANY, July Gov. Higgins had a talk
with Superintendent of Insurance Hen
bricks this afternoon before the Superin-
tendent left town to return to his home in
Syracuse. The Governor said that while
they discussed the Equitable society's
affairs. there was nothing new to be said,
except that the Superintendent was some
what embarrassed at this season of the
year with such big task as the Equitable
examination involved by the fact that
members Of his staff of examiners were
entitled to the usual vacations, and il was
not possible to make any marked progress
with men not thoroughly familiar with the
details of such work
Supt. Hendricks told the Governor that !
this might delay his second report some
what He said that his examiners were
now at work also uponthe examination being
being made of the Mutual Life Insurance |
Company
Attorney General Mayer to-day received
a copy of the testimony upon which Supt |
Hendricks based his preliminary report
on the Equtable's affairs. He has begun !
t. read it.