The Providence news. (Providence [R.I.]) 1891-1906, 1905-06-29
CHOSE 9 NEW
EQUITABLE
DIRECTORS

New York, June 2o.-Grover Cleveland.
Morgan j OBrien and George Westing-
house, the trustees OF the majority stock
OF the Equitable Life Assurance society,
took the first step in the reorganization
OF the society yesterday by accepting the
resignation OF all the directors who had
rendered them and I'm forwarding 10 the
board OF directors the names OF nins
prominent citizens representing the inter-
ests OF the stockholders. with the recon-
mendation that they be AT once elected
The recommendation Of the trustees
was Immediately complied with and the
following gentlemen became members OF
the directorate:
Messrs +. r. Thomas. r. q, Bourne. j.
f. Schmidtapp, Frederick Roebling. Will
liam Whitman, r. W Bloomingdale, r.
w, Robertson. Joseph Ryan and J. j. AL
bright.
All OF the new men hold policies OF
Various amounts in the Equitable so
ciety and their names were submitted In
large part by the society's general agents.
The board also accepted the designations
OF all but one Of the directors who had
resigned. the one exception being James
r Forgan. who withdrew his resignation,
which is held in abeyance. The other 81
directors whose designations were ac-
cepted were:
Cornelius " Bliss. George II Squire.
Charles s. Smith. Brayton Ives NJ. f. In
gals, A. ]. Cassatt. f.. II Hartman.
Jacob II Schif James T. Hill, T. JEFF
ferson Coolidge. John Jacob Astor, Mar
win Hughitt. Henry c. Frick. NJ. Hart
lev Dodge. John Asz Stewart. Alfred @.
Vanderbilt. August Belmont, n. o. Mills.
Robert T. Lincoln, John Sloan and Joseph
T. Low.
or the gentlemen whose designations
were accepted all had been made known
he fore except those OF Messrs. George
II Squire. James II Hill and Alfred G.
Vanderbilt.
ARE STILL DIRECTORS.
The names of President ]. W. Alexander
and Vice President James H. HYDE and
Messrs. Tsrbell. Wilson and Mcintyre
are not in the list OF the resigned d-
reotors. they having only resigned as
officers OF the society.
II is not likely that there will be an
other meeting OF the trustees for a fort
night.
r. y. Thomas Is president of the Lehigh
Valley Railroad company; f. G.. Bourne
is one OF the largest, IL not the largest.
stockholders in the Singer Sewing Ma
chine company; J. T.. Schmidtapp is a
capitalist OF Cincinnati
Frederick Roebling ia member OF the
famous family OF bridge builders and lives
a. Trenton. N J.: William Whitman is
n paper manufactures Of Boston; f. w
Bloomingdale is one OF the proprietors of
a department store in this city and was
a member Of the so-called Crimmins COM
mittee OF Equitable poicyholders.
+. w Robertson is a prominent South
Carolinian. whose name was presented TO
the Equitable trustees by the general
! agent and policvhoders of that section OF
| the country. Joseph Bryan is a capitalist
ard representative citizen OF Richmond.
! Va. J. j Albright Is one OF Buffalo =
| best-known financiers
The election OF these men increases the
board from 81 10 10 members II was
deemed advisable 10 make this increase
without loss OF time so as to provide a
good working majority.
II is understood that the trustees will
recommend the names OF other directors
| shortly. and so far as may he feasible
| the additional directors will be taken from
among the society's large policy holders.