The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1905-09-09
THE EQUITABLE LIFE
The New Management Stands for
Reform in All That the
Word Implies

rectorS Of the Equitable Life last
week Paul Morton was formally elect
ed president Of the society, the resig-
nation of James W. Alexander as such
having previously been accepted. Thus
the work of regeneration goes on with
in the company, and it can be safely
assumed that from this time forth
the affairs OF this great life insurance
institution will be conducted In q
thoroughly business-like manner and
confined to lines laid down in it's char
ter-viz: the issuing Of policies of life
insurance, granting of annuities and
matters kindred thereto.
The new management of the Equit-
able stands for reform in all that the
word implies. The line of demarca-
tion between past and future practices
will be closely drawn, and only such
| of the old continued by the new as
seem to be wise and judicious and in
| the best interests of those most deeply
| commemorative policy helderS-who
have placed their trust in the COM
pany. If there has been any betrayal
of that trust In the past, that is now
a closed incident. The temptations
that came to those formerly in control
have been removed, and the sacred
trust funds will be SO Safeguarded in
the future that no repetitionS of those
offenSeS that have excited SO much
discussion and apprehension can &C.
cur. BygoneS should be regarded as
bvgoneS, SO far as the new manage
ment is concerned. The regeneration
of the Equitable has been begun I'M
der the most promising auspices and
will be continued under the direction
of the competent men ROW i'm control.
The worst has been told of the old
management, and tire new starts upon
a career free OF an past entangle-
meutS. For whatever OffenSeS against
the policy holders that have been COM
mittea the law provides a remedy. If
funds have been misNspropriated, the
Attorney es8etal has 1T in his power
to compel peSti13itiJn, and he has al
NaGy fn~sssssuraeed lHs full measures to
tEaat END, nc tny Of the old manage
seeHt Atjf himself open to criminal
prosecution ut fsywit31in the province
Exf the DBbGsct- Mttoruey to cite him
HEoitEs bar Of orriulinal justice, and
UHtTlct-WtTorn Jerome Promises ITO
do Et1iSiff'tE1e evidence warrants 'ft.
Uke new management takes zap 'the
weFk ofilGe' insurance, excluding spec
huation:aAd graft" under auspices
'Gdhdt, enfttle it tothe confidence eff TJke
,lwrblic. The ~sktee has been wiped
Il0seanffE them ard their skirts 'Rxe
ucRear;SSp far as tiae future is concerned,
IlFSteylfasTe theiryTscords TO msake ;@Ad
tEheiriesgutatieSS aretat stake. with
the f~aarqense '&EssinesS already upon
it's bxsbSs, wlS4h will be carefully
ggareeE with is immense volume OF
assets over 1906, 600, 900, and S3O,
0O0,@sE of surpes, itrStands today as
one &Erthe StrosseSt and safest iGJar-
anoe accompanies q the world IdG al
the 'omtroyersy'segarding it that has
ragedffor SeVerasnnonths past, mo cone
has questioned ISIS solpency- The eek
ambnees and iHEsE oigatorS, whose re-
ports iaave been published, bear 'SElt.
ness &c the fact oaat the compaHy is
financially competent to redeessn tegexy
policy II has outstanding at dts face
yaluea4 its maturity. Every new lin
Surant e&n be assured that waGaGeHer
contract he entesS into with '1bhe
Equitable will be carried out TO 1.-THE
letter ky the company. A new tera
has dawned upon it, land the darkness
that for a time SurrOanded the Eqmitj
liable has been diSpelIsd by the new
Land strenuous blood tisat has been in
ktected into its management, before
(which all tlSubt and Ssspicion must
dissolve. Let the deads2ast bury its
dead, while 6he regener45ed company
Etaxes up the work for witch it was
OFginally chartered, and s-eSumes it's
place in the fsont rank OF those who
are administering the mostGenefcient
system ever devised for the 6seneft OF
mankind. The Spectator. 9-26-4t
Gold SStfIedkn His Kidneve.