New-York tribune., 1905-06-29
NINE NEW DIRECTORS.
HYDE DEFENDS FATHER.
Equitable Trustees Statement to
PoicyhoLders- More designations.


were named by the trustees of the Ryan stock
control at their meeting at the Hotel Bucking
ham yesterday to fill vacancies in the directorate
The men named E. B. Thomas, New-York,
president of the Lehigh Valley Railway Com
pany; F. G.. Bourne. NewYork, president OF
the Singer Manufacturing Company; William
Whitman. Boston, Mass; John j. Albright.
Buffalo, N. Y; F. w. Roebling, Trenton, n j.;
j. D. Schmidlapp, president Union Savings Bank
and Trust Company, Cincinnati; r. w
Robertson Columbia, S. c.; Joseph Bryan,
Richmond Va. and e w. Bloomingdale, New
York
Immediate steps to fill up the directorate
should be taken, the trustees said, because of
the large number of directors who had resigned.
At the same time the trustees issued an appeal
to policyholders telling them of the status OF
the trustees work and pledging themselves TO
administer the trust solely to safeguard the in
terests of the people who were paying in money
for the protection of their families The men
will be formally elected at the next directors
meeting.
Messrs S,levelaand O'Brien and Westing-
bouse met at the Buckingham al p. m. Their
discussion of the names presented and the
drafting of the appeal to the policyholders
lasted until nearly o'clock. They completed the
list of names which they recommended berore d
n M and it was sent downtown to Paul Morton,
chairman of the board. at once to be transmitted
tn the directors whose meeting had been ad-
iourned to await this list. The directors ac-
cepted the list. but the formal election cannot
take place until the next meeting.
Later the trustees issued statement saying
that they had recommended that all designations
from the directorate be accepted They had
MANY other names under consideration for the
directorate they said but were waiting to get
more information before deciding on them
MANY AGENTS MAKE SUGGESTIONS.
The trustees have been receiving visits and
communications from many agents in all Sec
tions of the country Petitions signed by gen.
eral agents have been sent to them, advocating
the selection of of the polfcyholders for
directors Marcel Kahle, an importer holding
policies for 100000 was one of the men sug-
gested by agents. Mr. Kahle said he would ac-
cept the place if he elected Justice Yer
non NJ Davis also has been suggested by many
agents and policyholders. but he has declined
to serve There some criticism heard as to
the part the agents were taking in thus sug
gesting names to the trustees. Some of the
policyholders said they feared the agents in
time might obtain the control of the policyhold-
ers directors, thus defeating the very object Of
naturalization through a voting body of trus-
tees.
After the trustees finished their meeting, they
received visits from several of the directors
among them Gage f. Tarbell, second vice-presi
dent of the Equitable and head of the agency
forces; Alvin w Krech, Samuel NJ. 1nman of
Georgia: Valentine P Snyder. president of the
National Bank of Commerce. and c. B. Alex
ander. They called, it explained, to pay
their respects to Mr.. Cleveland chairman of
the trustees, and to tell him what had been
done at the directors meeting. Frank H.
taI m m
committee of pocyholders was with the trus-
tees most of the afternoon.
AS to the men selected by the trustees Will
lam Whitman, E, W. Robertson and E. w.
Bloomingdae suggested by various bodies
of policyholders f. w. Bloomingdale is the
candidate of the Crimmins committee of this
city William Whitman is the chairman of the
New England Polcyholders Association. and E.
w Robertson recommended by the South
Carolina Policyholders' Association. both of
which bodies sent deputations TO wait on the
trustees at their meeting Tuesday. Governor
Howard OF South Carolina at the head of
the delegation from his State and was active in
advocating Mr.. Robertson. These are all men OF
good business capacity and standing and have
been selected with the idea of avoiding all who
have entangling connections with large inter-
ests. and with the intention of giving all parts
of the country proper representation on the
board.
Mr.. Cleveland left the hotel at p. for
Ruzzard's Bay. where he will spend fortnight
fishing with Dr. j. d. Bryant and E. c. Bene-
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